Commentary | The Economic Collapse

20 Signs That The Health Care Industry Has Become All About Making As Much Money As Possible

Once upon a time in America, people became doctors and nurses because they wanted to help people, building hospitals was a labor of love, lawyers didn't chase ambulances, health insurance companies did not openly abuse their customers and greedy pharmaceutical companies did not dominate the entire health care industry. But today all of that has changed. Why do most people choose a career in the health care industry today? It is because they want to make a lot of money and live a comfortable lifestyle. Why do most health facilities get built today? They get built because someone is hoping to make a huge profit. Why do so many lawyers specialize in medical malpractice? Here's a hint - it is not because they want to make life better for people. Why do health insurance companies keep raising premiums even while they are making record profits? It is because they can and because they are greedy. Why are pharmaceutical corporations some of the most profitable companies on the face of the earth even though their products are harming tens of millions of people? It is because our health care system has become wildly corrupt and is now about making as much money as possible. (Read More....)

50 Mind Blowing Facts About America That Our Founding Fathers Never Would Have Believed

If our Founding Fathers were alive today, what would they think of America? Surely they would be very proud that the United States stretches from the Atlantic to the Pacific and has built some of the most amazing cities that the world has ever seen. They would probably be surprised that the country they founded went on to become the greatest economic machine in the history of the world, and they would be absolutely astounded by things like our interstate highway system and the Internet. However, there are quite a number of things that they would be horrified about as well. The fact that over 40 million Americans are dependent on the federal government for their daily food would be deeply disturbing to our founders. Also, the fact that the U.S. government has accumulated the greatest mountain of debt in human history would be incredibly distressing to George Washington, Thomas Jefferson and the rest of the founders. But perhaps most of all, our founders would be absolutely disgusted that the land where Americans could once be free to pursue life, liberty and the pursuit of happiness has become so tightly regulated and controlled that Americans dare not even squeak without the permission of the federal government. (Read More....)

30 Statistics That Prove The Elite Are Getting Richer, The Poor Are Getting Poorer And The Middle Class Is Being Destroyed

Not everyone has been doing badly during the economic turmoil of the last few years. In fact, there are some Americans that are doing really, really well. While the vast majority of us struggle, there is one small segment of society that is seemingly doing better than ever. This was reflected in a recent article on CNBC in which it was noted that companies that cater to average Americans are doing rather poorly right now while companies that market luxury goods and services are generally performing exceptionally well. So why aren't all American consumers jumping on the spending bandwagon? Well, it seems that there are a large number of Americans who either can't spend a lot of money right now or who are very hesitant to. A stunningly high number of Americans are still unemployed, and for many other Americans, there is a very real fear that hard economic times will return soon. On the other hand, there is a significant percentage of Americans who are blowing money on luxury goods and services as if the economy has fully turned around and it is time to let the good times roll. So exactly what in the world is going on here? (Read More....)

A Two-Tier Internet?

The Internet as you know it is in serious, serious danger. Some of the most powerful communications companies in the world have been involved in negotiations and have been making agreements that would throw net neutrality out the window and would move us toward a two-tier Internet. So exactly what would that mean? It would mean that the big corporate giants that have a virtual monopoly on other forms of media and entertainment would be able to buy access to the blazing fast "next generation" Internet that communications companies are developing and the rest of us (like this site for example) would be stuck on the decaying "gravel roads" of the old Internet. The threat that this poses to freedom, liberty, Internet commerce and the free flow of information should not be underestimated. (Read More....)

Kicked In The Groin: Health Insurance Companies Are Dramatically Increasing Premiums Due To The New Health Care Law And There Is Not Much We Can Do About It

Wasn't the new health care reform law supposed to make health care more affordable for everyone? Well, imagine my surprise when I opened up a letter from my health insurance company recently and found out that my health insurance premiums were going up by nearly 50 percent. I am in perfect health and I have never had a single health insurance claim with this company. Unfortunately, after doing a little research, I discovered that I am far from alone. All over the United States, people are being hit with double-digit percentage increases in their health insurance premiums even as the health insurance predators continue to rake in record profits. At a time when millions of American families are barely making it from month to month, the last thing they need is to be figuratively kicked in the groin by the health insurance companies. But that is exactly what is happening. (Read More....)

The Economic Collapse

Recent Posts

20 Signs That The Health Care Industry Has Become All About Making As Much Money As Possible

50 Mind Blowing Facts About America That Our Founding Fathers Never Would Have Believed

30 Statistics That Prove The Elite Are Getting Richer, The Poor Are Getting Poorer And The Middle Class Is Being Destroyed

A Two-Tier Internet?

Kicked In The Groin: Health Insurance Companies Are Dramatically Increasing Premiums Due To The New Health Care Law And There Is Not Much We Can Do About It

Pages

Categories