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Re: [RT] Credit Cards



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Ira-

Every time you hear the words "health care 
system".....these words should be substituted:
"disease management system".

We are FAR from the healthiest people in the world.  I 
think we are ranked far, far, down
on the list.

Money rules.  There is no money or profits in keeping 
people well and healthy.  They HAVE
to be sick so hospitals and the medical profession can 
profit.  Poeple that are health
don't need doctors or hospitals.  Will they tell us WHAT 
we need to do to stay well?
NO!  Look at the dairy council, the meat industry, big 
food, etc

And don't get me started on drugs.  We are supposed to 
believe that our bodies are
'deficient' in these drugs; which is why we have to take 
them to get well.  There is no
getting well by taking drugs.  Meanwhile, drug companies 
get rich and the people become
dependent on the drug companies to keep them alive.

OH yes, let's put healthy children on riddlen is it?  Who 
has control here?  Us or the
greedy drug companies.

I'm no hippie but I'm beginning to sound like one, except 
you have to be responsible
for your own health.

Enough.

Chas
-----


On Tue, 26 Feb 2008 16:39:32 -0800
  "Ira" <mr.ira@xxxxxxxxxxxxx> wrote:
> Here is some information you may not want to here about 
>inflation.  Lets take health care.  These numbers are 
>from personal experience.
> 
> I had a triple bypass in 1995.  Total bill for hospital 
>and doctors came to $70,000.
> 
> In February of this year I had a stent put in.  A simple 
>operation.  Total billing was $350,000.  Hospital room 
>runs about $12,000 a day.  I could have stayed at the 
>Ritz Carlton with all the amenities for far less than 
>that.
> 
> Nursing care.  I paid $2500 per month for my mother in a 
>nursing home for 7 years until she died in 1987.  My 
>mother in law cost $4500 per month when she passed away 5 
>years ago.  A friend of ours is currently paying $7000 
>per month for her husband and was notified that the price 
>will rise to $7500 per month in June.  A one bedroom 
>retirement apartment in this area runs from $4500 to 
>$5500 per month.  so if you aren't insured plan on early 
>bankruptcy and look for a comfortable bridge to live 
>under.  There was no coverage for nursing home for my 
>mother and mother in law so that was all out of pocket 
>expense.  fortunately I was able to pay for it.  The 
>other alternative was not an option. 
> 
> This is from Consumer Reports and shows how our congress 
>looks out for us.  The drug lobby rules.  We can import 
>lead painted toys from China along with their tainted 
>food products.  We can import fruits and vegetables from 
>around the world that have been sprayed with all types of 
>pesticides that have been banned in the US.  But we can't 
>by drugs from other countries.  Of course I wouldn't by 
>drugs from China but here is something to think about. 
> 
> 15 mg Actos 30 tablets cost $86.13 in the US and $21.48 
>in Japan.
> 10 mg Lipitor 30 tablets cost $68.37 in the US and 
>$19.53 in France
> 70 mg Fosamax 30 tablets cost $64.16 in the US and 23.61 
>in Japan
> 20 mg Nexium 30 tablets cost $92.04 in the US and $19.26 
>in Germany
> 10 mg Singular 30 tablets cost $83.40 in the US and 
>$43.02 in France.
> 
> All manufactured by US companies with drug patents still 
>in force. 
> 
> The assumption is that health care costs will double in 
>the next 7 years.  I think sooner based upon the past. So 
>save your pennies and look to tomorrow. 
> 
> So if you believe that there is no inflation and the 
>government will take care of you I have 5 bridges in the 
>San Francisco Bay area for sale relatively cheap.  
> Ira
> www.delta100.com
>  ----- Original Message ----- 
>  From: Ron C 
>  To: realtraders@xxxxxxxxxxxxxxx 
>  Sent: Tuesday, February 26, 2008 3:46 PM
>  Subject: Re: [RT] Credit Cards
> 
> 
> 
>  Thanks Bob.....very good information.
> 
>  Ron
> 
>    ----- Original Message ----- 
>    From: BobsKC 
>    To: realtraders@xxxxxxxxxxxxxxx 
>    Sent: Tuesday, February 26, 2008 5:05 PM
>    Subject: Re: [RT] Credit Cards
> 
> 
>    Well Ira, I'm a cynic too.  You and I grew up in an 
>era when people paid for what they could afford and saved 
>for what they couldn't afford.  We grew up in a time when 
>a man's handshake was sufficient to close nearly any deal 
>and a man's honor was the most important possession he 
>owned.  I have a great fear for the U.S. and that fear is 
>based on several things.  In no particular order of 
>importance, they are:
> 
>    Education:  Our education system which was one of the 
>top 5 in the world is now 29th and getting worse.  The 
>"No Child Left Behind" idiocy has meant that many of our 
>children graduate from high school unable to read or 
>write with proficiency.  They have little to no idea 
>where continents are located let alone counties and their 
>math skills are about what you and I were taught in 5th 
>grade.  The dumbing down of American children will come 
>with a terrible price one day and it's all being done for 
>the sake of political correctness and the powerful 
>teacher's union.  
> 
>    Boomers:  As the baby boomers retire, there will be a 
>load put on social security and medicare that can not be 
>sustained.  There will simply not be sufficient workers 
>to support the system and yet, how can we dismantle a 
>system these people paid into their entire lives?  The 
>money should be there.  It would be there if the 
>government hadn't and doesn't spend it all every month by 
>transferring it into the general revenue fund and then 
>selling bonds to pay the retirees back *their* money.  
> 
>    Health Care:  The costs are completely out of control 
>and the quality is dropping.  Based on mortality rates 
>for infants and cancer plus a few other qualifiers, we 
>are now dead last in health care among industrialized 
>nations.  We are paying more and getting less and if that 
>isn't enough to be concerned and furious about, we have 
>some politicians who want to give it free to everyone. 
> That would be the end of this country in terms of fiscal 
>responsibility.  It simply would bankrupt America in 
>short order.  To try and support such a system, we could 
>expect to pay what some European nations pay in income 
>taxes which currently are as high as 70% of gross.   It 
>isn't totally due to politics either, we have hospitals 
>being run by doctors who know as much about how to run a 
>business as they know about fly fishing.  Step one would 
>be to get those people out of control and get 
>businessmen/women running them.  
> 
>    National Debt:  We have written checks that our 
>children can't cover and their children can't cover and 
>we keep adding to that total.  If I were a candidate for 
>the presidency, I would vow to cut spending by 5% across 
>the board every year for 5 years excluding only social 
>security and medicare since that money belongs to those 
>who paid it.  I would pay government department heads 
>based on how much they can save each year rather than how 
>large their budget is with the caveat that quality of 
>service must be maintained.  
> 
>    In conclusion, we must wonder how the economy in 
>America is going to prosper under the conditions 
>described above with a service oriented atmosphere sans 
>high wages and high skills.  We have a debt that seems 
>impossible to deal with and a banking system in nearly 
>total disarray.  We are a people living for today with 
>little regard for the future and we are spending the 
>savings of our workers paid through social security, 
>unemployment and medicare as fast as those savings 
>arrive.  From our government to the bus driver, there are 
>nearly zero plans for the future.  The Fed thinks the 
>answer is to make money even easier to get and the only 
>positive coming out of that is the banks are hoarding the 
>money to cover their own losses rather than lending it 
>out.  The dollar is plunging against most other 
>currencies and commodities are pushing inflation ever 
>higher.  For equity investors the future does not look 
>positive unless one shorts the markets and this is not 
>easy for mutual fund investors.  
> 
>    Oh well, we've had 2 good days .. maybe we found a 
>bottom.  And maybe all those higher costs Ira mentioned 
>will go back down soon.. right after oil goes back to 
>$12.00 a barrel and it snows here in Southwest Florida.
> 
>    Bob
> 
> 
> 
>    At 11:21 AM 2/26/2008, you wrote:
> 
> 
>      Bob:
>       
>      Another problem is that when all of this comes to 
>an end will price actually come down.  Once the suppliers 
>realize that we will pay these high prices how far will 
>they back off?  I don't think we will see lower prices 
>after ethanol is done for.  At least not prices where 
>they were when it all started.  Time to start baking your 
>own bread again.  There are depression type conditions 
>for many families.  I just paid $4.85 for a $1.00 loaf of 
>bread.  Milk is up 30% in just a couple of months and 
>right now there is no end in sight.  
>       
>      The housing problem has hit about bottom or will by 
>July or August of this year.  Right now there is about an 
>eleven month supply of homes.  By the end of this year or 
>the first quarter of next year the banks, investment 
>banks and mortgage companies should have been able to 
>write down their bad loans and the last of the ARMs will 
>have kicked in.  The $168 billion stimulus package will 
>have taken effect.  Those that are gong to go bankrupt 
>will have done so and those that are really deep in debt 
>to credit card companies will be paying between 24% and 
>50% interest on their balances.  
>       
>      What the government needs to do and won't because 
>of the money they receive from lobbyists and invested 
>companies is re-establish usury laws,  increase interest 
>rates to stop inflation, reduce government spending on 
>farm supports and ethanol production, stimulate 
>construction of hydrogen filling stations and put 
>together some of the old New Deal projects that will put 
>Americans to work.  Stop the tax breaks for farming out 
>production and services overseas and bring those jobs 
>back home.  
>       
>      It is all a dream right now and I know that our 
>government won't do what is necessary but what is 
>expedient for their own self service.  They will increase 
>their own salaries, increase their own retirement 
>benefits and health care benefits and screw their 
>constituents, the American people.  This is not a 
>political dissertation, it is fundamental analysis. 
>       
>      After all of these years, yes I am a cynic. 
>       
>      Just one man's opinion, 
>       
>      Ira
>      www.delta100.com
>       
>       
> 
>        ----- Original Message ----- 
> 
>        From: BobsKC 
> 
>        To: realtraders@xxxxxxxxxxxxxxx 
> 
>        Sent: Sunday, February 24, 2008 4:51 PM
> 
>        Subject: Re: [RT] Credit Cards
> 
> 
>        The latest scam being brought down on us is the 
>ethanol nonsense which has raised food prices and will 
>continue to do so until someone steps up and explains 
>that ethanol costs more to produce than fossil fuel and 
>it pollutes worse than gasoline.  We need to begin 
>building nuke plants again and do so without regard to 
>who wants what in their backyard.  Next, we need to 
>figure out what we're going to do with the waste.  (I 
>suggest an island in the Bering Sea).  Then, we need to 
>put some serious money into hydrogen fuel cell 
>development and add as much solar and wind power as is 
>reasonably possible.    Farmers may be getting rich off 
>ethanol but most of us are just paying for a political 
>game when we shop at the grocery store.  Worse, the game 
>is destined to fail and fail at our expense.  Surprise!
> 
> 
>        Bob
> 
> 
>        At 06:57 PM 2/24/2008, you wrote:
> 
>          Here are some interesting facts from today's 
>paper.  With the mortgage default rate rising there are 
>more and more people living off of their credit cards.  I 
>can imagine, I just paid $4.85 for a loaf of bread that 
>was less than $2,00 a year ago.  
> 
> 
>            
>          Total credit card debt in the U.S. is $943 
>billion
> 
>          The number of credit cards is 1.2 billion
> 
>          The number of credit cards per person is 7
> 
>          The Average debt per household is $9,840
> 
>          The annual debt service cost per household is 
>$1500
> 
>          Only 7% or the households have no credit cards
> 
>          Only 32% pay their bill monthly
> 
>          8% of the card holders owe more than $25,000
> 
>          The U.S; Savings rate is 0.5%
> 
> 
>            
>          Not a really good picture for a consumer driven 
>economy. 
> 
>          Ira
> 
>          www.delta100.com 
> 
> 
> 
> 
>   



 
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