Select date

May 2024
Mon Tue Wed Thu Fri Sat Sun

So What Did You Expect?

26-3-2019 < SGT Report 155 931 words
 

by Karl Denninger, Market Ticker:



Are you surprised by the Avenatti indictment?


How about that another “celebrity” attorney is allegedly a co-conspirator (but has not — at least thus far — been charged)?


Did you excuse Hillary’s email server — despite it being massively, felony-level illegal?


Did you excuse all the mortgage fraud in 2004-2006?  Did your next door neighbor have a $500,000 house on a $50,000 a year salary?  How could that ever possibly work?  It wasn’t his fault though, right?  Nor was it the bank’s fault. Was Tinkerbell involved?


How about the banks that packaged all that crap up and said all those borrowers were qualified — knowing they were not?  Tink did that too, right?



Or after it all blew up the myriad scams by the banks in processing the foreclosures — with forged paperwork?  That was ok too, right?  After all, the people in the houses deserved it.  Or maybe a Unicorn forged the documents.


How do two people die of drug overdoses in a big Democrat donor’s house in the space of 18 months?  He had nothing to do with either — but he was friends with Hillary and has been captured on film with her.  I’m sure it’s just a coincidence; I know Hollywood and environs have a lot of drugs being used but might you tell me what the odds are on this?  Oh by the way the first guy who died was found dead in his living room, naked on a mattress and the place was littered with drug paraphernalia.  The cops said there was insufficient evidence to file charges.


How about the medical scams?  You do realize that in Detroit the average car insurance bill is almost $5,400 a year, right?  Do you know why?  It’s not the rip-off rate of cars; while it’s high it’s not THAT high — it’s that medical providers charge 200, 300 even 500% more for the same treatment if you were in a car accident as opposed to walking your dog.  I lived in the state when No-Fault started, and it didn’t impact price much — but what it did do was stop the lawsuit lottery.  It took the medical system a little while to figure out how to******everyone in the state blind, and now they do.  Number of indictments over this outrageously felonious practice?  Zero.  Percentage of lower and middle-income people buttraped by this?  100%.


Same deal everywhere in the United States, but with drugs, procedures and everything else medical.  Why is it legal for a hospital to charge one person $4,000 for a procedure and another person $20,000 for the same procedure?  It isn’t, especially when they conspire to keep you from knowing that in advance before they treat you.  It’s not legal to take advantage of someone in duress (e.g. charging you $20 for a gallon of gas when a hurricane is coming, and $2.50 the rest of the time) but nobody goes to prison when they charge you $100,000 because you’re flat on your back and can’t negotiate — or choose where you’re taken.  Your local grocery or gas station has to post a price and charge everyone the same price.  Why doesn’t the hospital, doctor’s office or dentist?


I can literally go on for a dozen pages and if you’ve read the articles here since 2007 when I began publication (more than 12,000 of them at the current time) the majority have dealt with one scam or another.  Whether it be The Fed illegally buying Fannie and Freddie Paper (the law says nothing that doesn’t have full faith and credit of the US Government, with only a handful of specific exceptions in short-term municipal paper, can be purchased or held), the Fed’s illegal 2% inflation target (the law says “stable prices”), the myriad scams during the housing crash, banks paying dividends out of negative loan amortization (which are not money) in 2007 (said bank — WaMu — failed about a year later and cost the taxpayers a crap-ton of money), another bank (Colonial) that “magically” had roughly a third of their alleged “assets” turn into vapor in about one month from their last quarterly report (flatly impossible), more medical scams than I can shake a stick at such as being billed $20,000 for a $100 vial of snakebite antivenom, false affidavits to get FISA warrants or something else the fact is that you literally cannot count the number of outrageous acts that are deliberately ignored by law enforcement and politicians on a daily basis nor can you accurately tabulate the trillions stolen from the American citizen every single year.


Indeed just the medical scams alone cost Americans roughly $3 trillion every year — and that’s just in one area of the economy!  Out of the 20-odd trillion in GDP how much of it is stolen via various schemes and scams?  A quarter of it is likely a low estimate.


It doesn’t matter if the party in power this week or next is Democrat or Republican — it doesn’t change.  You can hate Hillary (and vote for Trump) or hate Trump (and vote for Hillary) but nothing materially changes.  You can hate Obama (or love him) too — but nothing changed then either.  Same with Clinton and two Bushes, whether you voted for them or not.


Why do you, the American public, put up with this crap?  Why isn’t there a gallows being erected on the National Mall right now with a couple of million Americans taking turns driving the nails and cutting the boards with a handsaw, one whack with the hammer or one stroke of the saw per person at a time while refusing to leave and take it down until this crap is stopped?


Read More @ Market-Ticker.org





Loading...




Print