Insurance Companies Profit from Obamacare

October 29, 2013 by · Leave a Comment 

No one can reasonably deny that the major Insurance Companies were the driving force behind the writing of the Affordable Care Act legislation. “The health care industry spent nearly $500 million lobbying for health care issues in 2012, and $243 million so far in 2013.” Obamacare or Corporate-care: The Writing of the Affordable Care Act, sums up the process.

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Being an Existential Prepper

October 28, 2013 by · Leave a Comment 

It may seem that an analysis of the prepper cultural phenomena is a trite endeavor, but if you delve into the philosophical underpinnings of human instincts for survival, a worthy lesson can be the result. Since life is a gift, the conditions upon which it ends or voluntarily forfeited, are not necessarily dependent upon the will of the individual. A calculated act of placing your life at risk is not equivalent with a deliberate suicide. The functions and purpose of the prepper community is in direct conflict with those individuals that languish in hopeless despair and desperation. The response of the prepper to social turmoil is to prepare for contingencies. Yet that defensive posture avoids the essential question, what is the point of surviving if the communal environment is a hopeless wasteland.

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Transfers excluded, JP Morgan Chase is Wired

October 22, 2013 by · Leave a Comment 

The rumblings of capital and currency controls are causing a stir among perceptive financial observers. You do not have to be a business-banking customer to fear the consequences of restricting the transfer of money. Both domestic and international wires are no longer available to be sent from a business savings account, may seem unimportant to the average Chase customer. Many do not have enough money on deposit to pay the wire fee. However, the kicker is that you can still receive wire transfers.

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Obama Firing of Military Reminiscent of Stalin’s Purge

October 21, 2013 by · Leave a Comment 

The unprecedented removal from command, ending of military careers and forced retirements is a sign that a new reign of terror wants to weaken the armed forces. The civilian Obama command, bosses generals and admirals, as if they were lowly cooks or stewards. It is no wonder that resentment and disgust in the officer corps are at an all time high. Before long, the commander of collectivists will be deploying taste testers before he takes his meals.

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IMF Proposal to Tax Bank Deposits

October 15, 2013 by · Leave a Comment 

A report by Agence France-Presse, the International Monetary Fund strongly suggests countries tax the rich to fix deficit, is a caveat for a bigger risk. “The IMF has set off shockwaves this week in Washington by suggesting countries fight budget deficits by raising taxes. In its Fiscal Monitor report, subtitled “Taxing Times”, the Fund advanced the idea of taxing the highest-income people and their assets to reinforce the legitimacy of spending cuts and fight against growing income inequalities.”

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Obama Zombies are Alinsky Fanatics

October 14, 2013 by · Leave a Comment 

The wackos that believe that Barack Hussein Obama is a political rock star are blind to reality. It would be one thing if eccentric characteristics shaped such opinions of social outcasts, but when entire segments of the MTV population speak in a PBS lisp, the liberal popular culture has drunk the kool aid. The zombie rage in flicks is no accident. Converting entire generations of lost souls into National Civilian Service Corps NSA informants is an effortless task, when government schooled illiterates adore Barry Soetoro. Turning a constitutional republic into a collectivist gulag is only possible, when the greater fool principle becomes the law of the land.

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Rehypothecation of Collateral

October 8, 2013 by · Leave a Comment 

Before you get a headache or a pain in your side, rehypothecation is not as difficult to understand as spelling the word. Definition of ‘Rehypothecation‘:

“The practice by banks and brokers of using, for their own purposes, assets that have been posted as collateral by their clients. Clients who permit rehypothecation of their collateral may be compensated either through a lower cost of borrowing or a rebate on fees.

In a typical example of rehypothecation, securities that have been posted with a prime brokerage as collateral by a hedge fund are used by the brokerage to back its own transactions and trades. While rehypothecation was a common practice until 2007, hedge funds became much more wary about it in the wake of the Lehman Brothers collapse and subsequent credit crunch in 2008-09.”

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Government Siege and National Rape

October 7, 2013 by · Leave a Comment 

BATR Editorial on the State of the Nation

All Americans share the shame of the charade that pretends to be the Federal Government. The governance class operates in a manner that thinks the voice of the people is irrelevant. The current shutdown of public services is a selected con game run by “Federalies” thugs. This latest extortion racket intends to break the spirit of reform and sensible opposition. The crony capitalist takeover of the health care system only benefits the corporatists. The insurance companies stand to reap tribute from the masses, while the special interest friends of the Obama syndicate get exemptions. Make no mistake, the den of thieves that defend Obamacare, as the “law of the land” is a herd of habitual liars.

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Renminbi Soon to Be a Reserve Currency

October 1, 2013 by · Leave a Comment 

In a provocative examination, financial expert John Mauldin addresses the relationship of the reserve currency status of the U.S. Dollar and the up and coming Chinese Renminbi. His article, The Renminbi: Soon to Be a Reserve Currency?, is an important analysis. The doom and gloom predictions that the dollar is finished gets a rebuttal argument. While this viewpoint may seem a little too late, the actions of the Chinese Inc. continues to lay into place a more prominent international role for their RMB currency.

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