Moyers sits down with William K. Black, the former senior regulator who cracked down on banks during the savings and loan crisis of the 1980s. Black offers his analysis of what went wrong and his critique of the bailout
Showing posts with label Crooked Corporations. Show all posts
Showing posts with label Crooked Corporations. Show all posts
Monday, April 06, 2009
"Bankster's" Economic Crisis
Monday, June 23, 2008
P.O.V.: Traces of the Trade | PBS
Film shows how North profited from slavery
JOANNE OSTROW; The Denver Post
Last updated: June 23rd, 2008 01:23 AM (PDT)
Katrina Browne’s wealthy Rhode Island clan has a secret. The well-mannered Yankees would rather not speak of it, but their forefathers were perhaps America’s biggest slave-trading dynasty.
After introducing her ancestors via distinguished-looking oil paintings in the family mansion, now a museum, Browne sets out to retrace the physical route and the rocky emotional terrain of how her forefathers built their fortune.
The journey – from tearful soul-searching to squirming at the dinner table when confronted with the family’s obvious elitism – makes for a stunning documentary.
“Traces of the Trade: A Story from the Deep North,” airing Tuesday on PBS’ “P.O.V.,” is eye-opening and important, digging deeper than what may be comfortable into what stands in the way of race relations in this country.
The filmmaker, Browne, is a seventh-generation descendant of Mark Anthony DeWolf, the family’s first slave trader. From 1769 to 1820, the DeWolfs trafficked in human beings as part of what was know as the “Triangle Trade.”
They sailed their ships from Bristol, R.I., to West Africa with rum to trade for African men, women and children. Captives were taken to plantations that the DeWolfs owned in Cuba or were sold at auction in Havana or Charleston, S.C. The proceeds bought sugar and molasses in Cuba, which were shipped to the family-owned rum distilleries in Bristol.
Rum traded for slaves, slaves traded for sugar, sugar used to make rum.
Over the generations, the family owned 47 ships that transported thousands of chained Africans across the Middle Passage into slavery. By the end of his life, James DeWolf was reportedly the second-richest man in the United States. He was also a U.S. senator who was granted political appointments and other favors from none other than Thomas Jefferson.
The film upends stereotypical notions about the American North fighting for abolition while slaves toiled away down South. Browne documents how crucial the slave trade was to New England for more than 200 years.
Individual homes may have acquired one or two slaves, as opposed to the masses on plantations in the South, but the textile mills, banks and insurance companies in the North were built on profits from the slave trade.
The documentary, which premiered at the Sundance Film Festival in Utah, follows 10 of DeWolf’s descendants (ages 32-71, ranging from sisters to seventh cousins) as they retrace the steps of the Triangle Trade: the DeWolf mansion in Bristol, slave forts on the coast of Ghana and the ruins of a family plantation in Cuba.
Family archives document various trades: In one entry, nine slaves (one woman and eight men) were swapped for “tobacco, rum, hats, bread, mackerel.” James DeWolf once gave his wife two African children, a boy and a girl, as a Christmas present.
Back home, Browne delves into questions of repair: How do the sins of the fathers weigh on the sons and daughters; what should be done about it? Are financial reparations due, and what spiritual/emotional work is owed, as well?
The film was nine years in the making and ought to spark conversations on race for at least that long. “Traces of the Trade: A Story from the Deep North” airs as part of “P.O.V.”
When: 10 p.m. Tuesday
Where: KCTS, Channel 9
Thursday, June 12, 2008
FEMA gives away $85 million of supplies for Katrina victims
From Abbie Boudreau and Scott Zamost
CNN Special Investigations Unit
NEW ORLEANS, Louisiana (CNN) -- FEMA gave away about $85 million in household goods meant for Hurricane Katrina victims, a CNN investigation has found.
The material, from basic kitchen goods to sleeping necessities, sat in warehouses for two years before the Federal Emergency Management Agency's giveaway to federal and state agencies this year.
James McIntyre, FEMA's acting press secretary, said that FEMA was spending more than $1 million a year to store the material and that another agency wanted the warehouses torn down, so "we needed to vacate them."
"Upon review of our assets and our need to continue to store them, we determined that they were excess to FEMA's needs; therefore, they are being excessed from FEMA's inventory," McIntyre wrote in an e-mail.
He declined a request for an on-camera interview, telling CNN the giveaway was "not news."
Photos from one of the facilities in Fort Worth, Texas, show pallet after pallet of cots, cleansers, first-aid kits, coffee makers, camp stoves and other items stacked to the ceiling. Watch dismay over "out of touch" FEMA »
FEMA said some of the items were donations from companies after Katrina, but most were purchased in the field as "starter kits" for people living in trailers provided by the agency. And even though the stocks were offered to state agencies after FEMA decided to get rid of them, one of the states that passed was Louisiana.
Martha Kegel, the head of a New Orleans nonprofit agency that helps find homes for those still displaced by the storm, said she was shocked to learn about the existence of the goods and the government giveaway.
"These are exactly the items that we are desperately seeking donations of right now: basic kitchen household supplies," said Kegel, executive director of Unity of Greater New Orleans. "These are the very things that we are seeking right now. FEMA, in fact, refers homeless clients to us to house them. How can we house them if we don't have basic supplies?" Watch the great FEMA giveaway »
Kegel's group works with FEMA and other local organizations to rehouse victims of Katrina, the 2005 hurricane that flooded New Orleans and killed more than 1,800 people along the Gulf Coast. Community groups say thousands of people are still living in abandoned buildings in the city, though fewer than 100 people remain housed in tents.
Kegel said FEMA was told in regular meetings that Unity was desperate for household supplies and that the group has been forced to beg for donations. But she said FEMA never told Unity and other community groups that it had tens of millions of dollars worth of brand-new items meant for storm victims.
She said she learned of it from CNN, which found that those items never made it to people such as Debra Reed.
"An honest person like me didn't get nothing," said Reed, 54, who recently moved from a tent beneath a New Orleans bridge to a home with the help of Kegel's group. "I'm gonna turn, 'cause I'm gonna cry. I didn't get nothing. I fought to get my money, but they wouldn't give it to me. So I ended up going under the bridge."
FEMA confirmed that it had kept the merchandise in storage for the past two years and then gave it away to cities, schools, fire departments and nonprofit agencies such as food banks. In all, General Services Administration records show, FEMA gave away 121 truckloads of material.
McIntyre said that most of the items given away were not "standard-issue type supplies" that FEMA would have distributed after other disasters. He said that using the GSA, which manages federal property, to get rid of those stockpiles was "standard process."
Asked whether FEMA believed that Katrina victims no longer needed the items, McIntyre wrote: "If the state did not request the supplies, then FEMA would not know." Watch Kegel describe "the needs are just overwhelming" »
Pallets at the Fort Worth warehouse were piled high with boxes of buckets, boots, cleansers, mops and brooms. There were stacks of tents, lanterns and camp stoves for people still displaced, as well as clothing, bedding, plates and utensils.
Meanwhile, Kegel said, Unity's clients can take only "one fork, one spoon, one knife; they can only take one plate. We don't have enough to go around."
But FEMA said the items were no longer needed in the stricken region. So it declared them "federal surplus" and gave them away.
Federal agencies such as the Bureau of Prisons, Postal Service and Border Patrol got first dibs on the material when FEMA started giving it away. Other agencies that received items include the National Guard, U.S. Marshals Service, the Air Force and Navy and the departments of Agriculture, Veterans Affairs and Homeland Security, according to a list the GSA provided to CNN.
These items also were offered to all states -- yet Louisiana, where most of the people displaced by the storm live, passed on taking any of them.
John Medica, director of the Louisiana Federal Property Assistance Agency in Baton Rouge, said he was unaware that Katrina victims still had a need for the household supplies.
"We didn't have anybody out there who told us they wanted it," Medica said.
Instead, 16 other states took the free items.
"Louisiana Recovery Authority Director Paul Rainwater is taking the lead on determing where this serious breakdown in communication occured and ... is working to pursue options for the state to still make use of these important supplies," said Michael DiResto of the Division of Administration.
DiResto said Rainwater has already taken up the issue with a FEMA official.
Kegel said she could not understand how Medica could not be aware of the need in the New Orleans area.
She said she had not heard of the agency and was not registered with them, but after CNN's interview, the agency contacted her about registering Unity of Greater New Orleans so it could qualify for available supplies in the future.
Tuesday, May 20, 2008
Monday, May 12, 2008
Court ordered a Chief Medical Examiner to Remove Any Reference to a Taser as an Precursor in the Deaths of Three Men
Physicians speak out on bullying tactics of Taser International over its "less than lethal" weapons
Steve Watson
Infowars.net
Thursday, May 8, 2008
Doctors have condemned as corporate "intimidation" a court decision ordering a chief medical examiner to remove any reference to the use of a taser as an antecedent in the deaths of three men.
Ohio examiner Dr. Lisa Kohler had noted in her autopsy reports that electrical shocks from Tasers were partially to blame for the deaths of individuals in three separate confrontations with police.
Taser International, now notorious for it's stern legal defense having won 68 out of 68 lawsuits, filed and won a civil suit, forcing Kohler to delete all mentions of the weapons and to term the deaths "accidental".
Jeffrey Jentzen, president of the National Association of Medical Examiners, an organization that represents the majority of medical examiners in the United States, has warned that the actions of Taser International and the court ruling have set a dangerous precedent:
"Our membership is very concerned about these cases and the reaction of Taser to these cases," he said last night.
"Our membership is looking into the area and although Taser has developed its own opinion, there are certainly opposing opinions as to their involvement in causing sudden death in individuals.
"Our organization feels that it violates the physician's ability to make a medical decision. Ordering a professional physician to change or alter their records is in violation of their right to practice medicine.
"Taser has sued a number of medical examiners for making informed medical opinions in an attempt, I think, to both protect their product and send a threatening message to medical examiners.
"It is dangerously close to intimidation," he said. "They are attempting to send a message to medical examiners that if they elect to make that determination they may face a civil suit."
Dr. Matthew Stanbrook of the Canadian Medical Association (CMA) also voiced his concern over the legal ruling, stating that the decision fails to take into account the difficulty of determining an exact cause of death in almost every case.
"If we were required to have at the level of scientific and medical certainty that something was the cause of death, before we were permitted to declare it, most of the people who died in North America would have died of unknown causes," Stanbrook said.
"It is a physician making their best judgment given all the facts available."
Stanbrook has called for an independent review of the stun guns and has intimated that most of the existing research into the effects of the weapon has been carried out by, or at the behest of, Taser International itself.
Steve Tuttle, Taser's vice-president of communications responded to the comments stating:
"Taser International's products have been demonstrated by numerous medical studies to be safe and effective. Taser International therefore aggressively defends our products in all litigation brought against the company with the best legal, scientific and medical expertise available."
Despite Tuttle's claims, many scientists and doctors have raised concerns about possible links between Tasers and potential heart and respiration problems, mental health and an individual’s state of exhaustion or agitation in confrontations with authorities.
Taser International CEO Rick Smith told CBC News in January that medical examiners had to be sure of their facts because if they made what he called a careless opinion, they will be held accountable in court.
However, It is not just physicians that are raising such concerns. Amnesty International has also cited hundreds deaths around the world after Taser use and has called for a full taser suspension while a thorough investigation into the impact of the weapon is conducted.
More recently, a UN Committee said the stun gun "causes acute pain, constituting a form of torture".
Deaths occurring where tasers have been used are now a daily occurrence, yet police and private security forces worldwide continue to be equipped with the weapons.
Recent reports have revealed that police are using the Taser as soon as someone displays a "fighting stance" or simply to get a non-violent suspect to do what they are told, rather than for their intended purpose as the last line of defense before lethal action.
Most recently police in Vancouver have been using the devices on transit fare dodgers.
As we previously reported, The Department of Homeland Security is now looking to evolve the technology in pursuing the introduction of a device known as the Security Bracelet, a wearable tag that would allow authorities to inflict pain compliance on suspects from a distance, while also recommending law enforcement applications and potential use in "crowd control situations".
Many Civil Liberties Associations and police departments across North America have called for a moratorium on the weapons. The stun gun is under particular scrutiny in British Columbia, Canada as part of an ongoing inquiry following the death of Polish immigrant Robert Dziekanski at Vancouver's airport in October.
Thursday, May 08, 2008
Breakdown FM Immortal Technique-Sean Bell & Police Terrorism
LISTEN TO INTERVIEW: (put mouse over link, when player opens, click play)
Breakdown FM Immortal Technique-Sean Bell & Police Terrorism
Breakdown FM: Immortal technique Interview pt2
Sunday, May 04, 2008
Pastor Wright is RIGHT!
The White Supremacist media has distorted Jeremiah Wright out of context. They racists are accusing their victims of racism!
Viewed from this different context, we see that everything he was talking about WAS TRUE.
His speeches confronted White Supremacy, and it is White Supremacists in the media and in the public who have tried to call Wright a racist in an immoral attempt derail the truth about White Supremacist crimes.
For the past month we have heard a lot about The Reverend Jeremiah Wright. There are endless loopings of the same half a dozen out-of-context sound bites. This is nothing more than a collective gang bang by mindless narcissistic media stars who intentionally dumb down what he said to create a phony scandal for Barak Obama. These tapes were probably unearthed by someone in the Hillary machine, or McCain’s, or one of their sympathisers. So now there is open season on this preacher. What is the substance of these attacks? It is no more substantive than late night TV or stand up comics. Besides the misquotations, the media focused on his style as a black minister.
We have heard endless loops showing how outrageous or bombastic he is. We heard clips of him singing Handel’s “And the Glory of the Lord” and his “God Damn America”. It’s as if the media were shocked!.....SHOCKED!! that there is such a thing as black Full Gospel preaching style, complete with spontaneous responses accompanied by organ improvisation. This genre is famous for using politics and themes of racial oppression for over 100 years. You would think that The Reverends Martin Luther King Jr. and Jesse Jackson were unknown. Or Al Sharpton.
The Reverend Wright, in an attempt to add some substance to this sound bite circus, spoke at the National Press Club in Washington DC. last week. He was not giving a sermon. He was not “bombastic”. He spoke in a temperate voice and gave a scholarly speech on the black theological tradition in the USA. He talked about the role that “Liberation Theology” played in both the black churches, and in the Yankee Congregationalist, United Church of Christ.
The entire media were glued to this speech. They were not looking for a dispassionate discussion of theology in black churches, or context to his previous statements – that would be too boring – they were looking for another sensationalist sound bite, the more outrageous the better. They got it during the question & answer session after the speech, with confrontational questions which clearly showed the hostile bias of the questioner. The questions assumed that Wright is a kooky conspiracy theorist, and a blaspheming traitor to his country. No one really listened to what he said. In its reporting, the media reduced his comments to platitudes, and the endless references to his speech followed the predictable collective script of the fatuous imbeciles in the media to see who can repeat the same hackneyed phrases to win kudos from their colleagues.
What did he say that was so outrageous? Based on the comments of the lemming pundits, I seriously wondered whether they saw the same speech I did. I listened to the whole thing twice and was hard pressed to find anything that was outrageous or insane. I certainly have my criticism of “Liberation Theology” with its close association with Marxism, especially in Latin America. But this was not the focus of the media. Their focus was on him defiantly defending his “outrageous” remarks. Almost all of those remarks I agreed with.
He was asked if he was patriotic, and said that he served 6 years in the military and that it was more military time than Dick Cheney served. Was this an insane or even false statement?
He said that the US government oppresses people around the world, that it sends Americans, “to die for a lie”. When asked why he blamed the US for 911, he said that the “chickens have come home to roost” in the form of blowback from our policies overseas. Most did not bother to find out that he was quoting Edward Peck, the former ambassador to Iraq, and deputy director of terrorism under Ronald Reagan. Wright added, quoting the Bible’s golden rule, that you can not do terrorism to others and not have it come back to you. This is virtually the same thing for which Dr. Ron Paul got raked over the coals. Questioning the cause of 911 is the modern American Intellectual Inquisition equivalent of heresy. It is double heresy if you equate our government with a terrorist organisation, even though bombing civilians does cause terror. Recognised states don’t do terrorism unless they are Iraq or Iran.
He was asked if he would apologise to the American people for blaming them for 911. He made the distinction, lost on most Americans, between the people and their government. This is total blasphemy in the minds of the orthodox American Establishment. In their thinking the American people and their government are one in the same because of Democracy, and the vaunted electoral process. The idea that the government in this, “the most free and democratic nation on earth - EVER” would have its own corrupt agenda against the best interests of the people is a thoughtcrime. This is odd, since most Americans have no trouble spotting corruption at the state or local level, or complaining of excessive spending and taxation. In the NYC area, we have had three governors (NJ, NY, Conn.) resign in the last ten years for corruption. However, at the federal level, especially when it comes to war, Americans refuse to look at the truly mammoth corruption, distortion, and immorality of their government.
He was asked about his relationship to Reverend Louis Farrakhan. As he explained, this had to do with a statement made by Farrakhan 20 years ago about Israel, a sacred cow in the minds of the establishment. Wright explained his position regarding Israel: that it had a right to exist, that they were the children of God, BUT that they need to reconcile with their enemies; the Israelis need to sit down with the Palestinians and come to a peaceful understanding so that their children “don’t grow up talking about killing each other”. He said that reconciliation, not killing was God’s way. Is that an “insane” or “outrageous” notion? Is it theologically erroneous? The media had a field day with Wright’s comparing Farrakhan to stock broker EF HUTTON. Do media pundits not understand the use of analogies or similes or metaphors in speech? Wright was saying that when Farrakhan talks, the black community listens. Is this a false statement? If so, then why do the media, who are mostly white, bother to cover Farrakhan?
The punditry went berserk over his “conspiracy theory” that the US Government invented AIDS. The Reverend Wright cited the Tuskegee experiment, where the government used blacks to experiment on syphilis. He also pointed out that the Weapons of Mass Destruction in Iraq were sold to Saddam by the US Government back when he was our ally and that he used them on the Iranians with our blessing. He said that, given the history of our government and its use of deception, he believed “it was possible”.
I personally doubt the conspiracy theory that the US Government invented AIDS, but I personally doubt any number of conspiracy theories of my friends, whilst I harbor conspiracy theories of my own with which others disagree. In fact most Americans believe in some form of conspiracy or secret, illegal dealings committed by their government. Why is that? Is this unique to Americans as a culture? I don’t know. We know the US Government has lied to us in the past. We know that the US has used the CIA to topple governments in South America at the behest of the United Fruit Company. We know, in spite of the official, revisionist “spin” that the government knew in advance of the Japanese carrier force prior to Pearl Harbour; and that even in the DC media there was open speculation that war with Japan was imminent. We know that the Navy translated the communiqué of the Japanese to their ambassadors in Washington and that they were instructed “to burn all documents and code machines”. We know the US Government lied about the Tonkin Gulf Incident, and lied about being in Laos and Cambodia. We know the US Government has been a king maker in the Mideast while denying same. None of these revelations ever get admitted at the time; only years later do books by insiders get written telling the truth. Would there be so many conspiracy theories in America if our government were transparent and honest or followed the Constitution? If you Google “conspiracy theory”, why do so many hits deal with the United States? Why doesn’t Switzerland come up except as a movie title? Why not Canada?......or Iceland?
Then there was the “God Damn America” quote. He explained this also, yet the media pretended not to hear. He said “damn” is derived from “condemn”, and that God condemns the actions of the US Government (again NOT the people) for inflicting violence on other nations and that non-violence was consistent with Christian teaching. He asked the questioner if he heard the whole sermon from which that quote was taken. But context or understanding did not figure into the thinking of the questioner. I wonder if there are examples, say in the Old Testament, of God condemning wicked immoral nations?
This electronic tabloid circus unfortunately drags in supposedly high-brow broadsheet press into the mud. This was especially true last week after his National Press Club Speech. One after another, the senior Washington polemicists and bureau chiefs chimed in so they could be counted in the “me too” column. There were the obligatory references to Wright as “crazy” and “lunatic” or “loony” with no attempt to address what he said. But the “intellectual” writers of the papers of record added new buzzwords, to wit: “narcissistic”, “solipsistic”, “divisive” “his fifteen minutes of fame” “revenge on Obama”.
Here we have the Establishment Left, many of whom, tired of the sleazy fraud of the Clintons, want Obama nominated and hope that he’ll beat McCain. Bob Herbert of the New York Times wrote,”….Wright went to Washington on Monday not to praise Barak Obama but to bury him…….Feeling dissed by Sen. Obama, Mr. Wright gets revenge on his former follower…... He’s living a narcissist dream. At long last his 15 minutes have arrived.”
They called him divisive but not the mudslingers who brought edited sound bites public and replayed them over and over; sound bites that were part of a long sermon. Why are they dumping on Wright rather than blaming the tabloid media for taking him out of context? Here’s the reason. To quote Mr. Herbert:
“The question that cries out for an answer from Mr. Wright is why – if he is so passionately committed to liberating and empowering blacks – does he seem so insistent on wrecking the campaign of the only African-American ever to have had a legitimate shot at the presidency.”
Saturday, May 03, 2008
MAXED OUT - DOCUMENTRY
If you want want to know more about the banking and credit card scam, if you want to learn about the possibilities of beating them, then do your self and family and friends a favour and read this "MUST READ" book: www.natural-person.ca/pdf/mary_croft.pdf about this documentary: How credit cards impose modern slavery on the people. To give people digits on their bank account and charge interest on something that is not real, backed up by nothing except debt, never had value, does not have value and will never have value
Saturday, April 26, 2008
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA (Part 1)
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA (Part 2)
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA (Part 3)
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA (Part 4)
REASONS FOR ENERGY AND FOOD CRISES FACING AMERICA (Part 5)
Thursday, April 24, 2008
Out of Control Fraud: Our Tax Dollars at Work
brasschecktv.com
For four generations now, the Bush family has been involved in supporting the country's enemies (most notably the Nazi Party in Germany) and robbing the country blind.
The family was directly involved and profited from the Savings and Loan scandal of the 1980s and has participated in security fraud as well.
With this understanding as a background, the Iraq War can be viewed as their "masterpiece."
The Bush family and its associates have stolen countless billions of dollars in the course of the war. In fact, one of their motivations for pushing the war in the first place was the opportunity for theft.
Chances are the destruction of World Trade Tower Seven, the home of crucial and now lost forever SEC and other federal law enforcement evidence and case files was carried out to cover their tracks.
Tuesday, April 22, 2008
'Perfect storm' food crisis grips globe
scotlandonsunday.scotsman.com
By Marc Lacey
in Port-au-Prince, Haiti
HUNGER smashed in the front gate of Haiti's presidential palace. Hunger poured on to the streets, burning tyres and taking on soldiers and the police. Hunger sent the country's prime minister packing.
Haiti's hunger, that has become fiercer than ever in recent days as global food prices spiral out of reach, rising by as much as 45% since the end of 2006 and turning staples such as beans, corn and rice into closely guarded treasures.
Saint Louis Meriska's children ate two spoonfuls of rice apiece as their only meal and then went without any food the following day. His eyes downcast, his own stomach empty, the unemployed father said: "They look at me and say 'Papa, I'm hungry', and I have to look away. It's humiliating and it makes you angry."
That anger is palpable across the globe. The food crisis is not only being felt among the poor but is also eroding the gains of the working and middle classes, sowing volatile levels of discontent and putting new pressures on fragile governments.
In Cairo, Egypt, the military is being put to work baking bread as rising food prices threaten to become the spark that ignites wider anger at a repressive government. In Burkina Faso and other parts of sub-Saharan Africa, food riots are breaking out as never before. In reasonably prosperous Malaysia, the ruling coalition was nearly ousted by voters who cited food and fuel price increases as their main concerns.
"It's the worst crisis of its kind in more than 30 years," said Jeffrey D Sachs, the economist and special adviser to the UN secretary-general, Ban Ki-moon. "It's a big deal and it's obviously threatening a lot of governments. There are a number of governments on the ropes, and I think there's more political fallout to come."
Indeed, as it hits developing nations, the spike in commodity prices has pitted the world's poorer south against the relatively wealthy north, adding to demands for reform of rich nations' farm and environmental policies. But experts say there are few quick fixes to a crisis tied to so many factors, from strong demand for food from emerging economies such as China's to rising oil prices to the diversion of food resources to make biofuels.
There are no scripts on how to handle the crisis either. In Asia, governments are putting in place measures to limit hoarding of rice after some shoppers panicked at price increases and bought up everything they could.
Even in Thailand, which produces 10 million more tons of rice than it consumes and is the world's largest rice exporter, supermarkets have put up signs limiting the amount of rice shoppers are allowed to buy.
But there is also plenty of nervousness and confusion about how best to proceed and how bad the impact may be, particularly as already strapped governments struggle to keep up their food subsidies.
"This is a perfect storm," President Elias Antonio Saca of El Salvador said last week at the World Economic Forum on Latin America in Cancun, Mexico.
"How long can we withstand the situation? We have to feed our people, and commodities are becoming scarce. This scandalous storm might become a hurricane that could upset not only our economies but also the stability of our countries."
In Asia, if Prime Minister Abdullah Ahmad Badawi of Malaysia steps down, which is looking increasingly likely amid postelection turmoil within his party, he may be that region's first high-profile political casualty of fuel and food price inflation.
In Indonesia, fearing protests, the government has revised its 2008 budget, increasing the amount it will spend on food subsidies by about $280m.
"The biggest concern is food riots," said HS Dillon, a former adviser to Indonesia's Ministry of Agriculture. Referring to small but widespread protests touched off by a rise in soybean prices in January, he said: "It has happened in the past and can happen again."
The Philippine government has started selling subsidised rice at military bases to ensure soldiers and their families have a sufficient supply of cheap grain, while other supplies are being stockpiled for the poorest members of society.
Last month in Senegal, one of Africa's oldest and most stable democracies, police in riot gear beat and used tear gas against people protesting over high food prices and later raided a television station that broadcast images of the event.
Many Senegalese have expressed anger at President Abdoulaye Wade for spending lavishly on roads and hotels for an Islamic summit meeting last month while many people are unable to afford rice or fish.
The rising prices are altering menus, and not for the better. In India, people are scrimping on milk for their children. Daily bowls of dahl are getting thinner, as a bag of lentils is stretched across a few more meals.
In Cairo's Hafziyah Street, peddlers selling food from behind wood carts bark out their prices. But few customers can afford their fish or chicken. Food prices have doubled in two months.
Ahmed Abul Gheit, 25, sat on a wooden chair by his own pile of rotting tomatoes. "We can't even find food," he said, looking over at his friend Sobhy Abdullah, 50. Then, raising his hands toward the sky as if in prayer, he said: "May God take the guy I have in mind."
Abdullah nodded, knowing full well that the "guy" was President Hosni Mubarak.
It is the kind of talk that has prompted the government to treat its economic woes as a security threat, dispatching riot forces with a strict warning that anyone who takes to the streets will be dealt with harshly.
Niger does not need to be reminded that hungry citizens overthrow governments. Its first postcolonial president, Hamani Diori, was toppled amid allegations of rampant corruption in 1974 as millions starved during a drought.
More recently, in 2005, it was mass protests in Niamey, the Nigerian capital, that made the government sit up and take notice of that year's food crisis, which was caused by a complex mix of poor rains, locust infestation and market manipulation by traders.
"As a result of that experience the government created a Cabinet-level ministry to deal with the high cost of living," said Moustapha Kadi, an activist who helped organise marches in 2005. "So when prices went up this year, the government acted quickly to remove tariffs on rice, which everyone eats. That quick action has kept people from taking to the streets."
In Haiti, where three-quarters of the population earns less than $2 a day and one in five children is chronically malnourished, the one business booming amid all the gloom is the selling of patties made of mud, oil and sugar, typically only consumed by the most destitute.
"It's salty and it has butter and you don't know you're eating dirt," said Olwich Louis Jeune, 24, who has taken to eating them more often in recent months. "It makes your stomach quiet down."
But the grumbling in Haiti these days is no longer confined to the stomach. It is now spray-painted on walls of the capital and shouted by demonstrators.
In recent days, President Rene Preval of Haiti – who has already seen his prime minister voted out – has patched together a response, using international aid money and price reductions by importers to cut the price of a sack of sugar by about 15%. He has also trimmed the salaries of some top officials. But those are considered temporary measures.
Meanwhile, most of the poorest of the poor suffer silently. In the sprawling slum of Haiti's Cite Soleil, Placide Simone, 29, offered one of her five offspring to a stranger. "Take one," she said, cradling a listless baby and motioning toward four rail-thin toddlers, none of whom had eaten that day. "You pick. Just feed them."
• Lydia Polgreen in Niamey, Niger; Michael Slackman in Cairo, Egypt; Somini Sengupta in New Delhi; Thomas Fuller in Bangkok, Thailand; and Peter Gelling in Jakarta, Indonesia contributed to this report
Thursday, April 17, 2008
Tuesday, April 15, 2008
Co-Payments Soar for Drugs With High Prices
Robin Steinwand had been paying $20 a month for her multiple sclerosis drug, which she keeps in the refrigerator. When she went to pick up her prescription in January, it cost $325.
By GINA KOLATA
NY Times.com
Health insurance companies are rapidly adopting a new pricing system for very expensive drugs, asking patients to pay hundreds and even thousands of dollars for prescriptions for medications that may save their lives or slow the progress of serious diseases.
With the new pricing system, insurers abandoned the traditional arrangement that has patients pay a fixed amount, like $10, $20 or $30 for a prescription, no matter what the drug’s actual cost. Instead, they are charging patients a percentage of the cost of certain high-priced drugs, usually 20 to 33 percent, which can amount to thousands of dollars a month.
The system means that the burden of expensive health care can now affect insured people, too.
No one knows how many patients are affected, but hundreds of drugs are priced this new way. They are used to treat diseases that may be fairly common, including multiple sclerosis, rheumatoid arthritis, hemophilia, hepatitis C and some cancers. There are no cheaper equivalents for these drugs, so patients are forced to pay the price or do without.
Insurers say the new system keeps everyone’s premiums down at a time when some of the most innovative and promising new treatments for conditions like cancer and rheumatoid arthritis and multiple sclerosis can cost $100,000 and more a year.
But the result is that patients may have to spend more for a drug than they pay for their mortgages, more, in some cases, than their monthly incomes.
The system, often called Tier 4, began in earnest with Medicare drug plans and spread rapidly. It is now incorporated into 86 percent of those plans. Some have even higher co-payments for certain drugs, a Tier 5.
Now Tier 4 is also showing up in insurance that people buy on their own or acquire through employers, said Dan Mendelson of Avalere Health, a research organization in Washington. It is the fastest-growing segment in private insurance, Mr. Mendelson said. Five years ago it was virtually nonexistent in private plans, he said. Now 10 percent of them have Tier 4 drug categories.
Private insurers began offering Tier 4 plans in response to employers who were looking for ways to keep costs down, said Karen Ignagni, president of America’s Health Insurance Plans, which represents most of the nation’s health insurers. When people who need Tier 4 drugs pay more for them, other subscribers in the plan pay less for their coverage.
But the new system sticks seriously ill people with huge bills, said James Robinson, a health economist at the University of California, Berkeley. “It is very unfortunate social policy,” Dr. Robinson said. “The more the sick person pays, the less the healthy person pays.”
Traditionally, the idea of insurance was to spread the costs of paying for the sick.
“This is an erosion of the traditional concept of insurance,” Mr. Mendelson said. “Those beneficiaries who bear the burden of illness are also bearing the burden of cost.”
And often, patients say, they had no idea that they would be faced with such a situation.
It happened to Robin Steinwand, 53, who has multiple sclerosis.
In January, shortly after Ms. Steinwand renewed her insurance policy with Kaiser Permanente, she went to refill her prescription for Copaxone. She had been insured with Kaiser for 17 years through her husband, a federal employee, and had had no complaints about the coverage.
She had been taking Copaxone since multiple sclerosis was diagnosed in 2000, buying a 30 days’ supply at a time. And even though the drug costs $1,900 a month, Kaiser required only a $20 co-payment.
Not this time. When Ms. Steinwand went to pick up her prescription at a pharmacy near her home in Silver Spring, Md., the pharmacist handed her a bill for $325.
There must be a mistake, Ms. Steinwand said. So the pharmacist checked with her supervisor. The new price was correct. Kaiser’s policy had changed. Now Kaiser was charging 25 percent of the cost of the drug up to a maximum of $325 per prescription. Her annual cost would be $3,900 and unless her insurance changed or the drug dropped in price, it would go on for the rest of her life.
“I charged it, then got into my car and burst into tears,” Ms. Steinwand said.
She needed the drug, she said, because it can slow the course of her disease. And she knew she would just have to pay for it, but it would not be easy.
“It’s a tough economic time for everyone,” she said. “My son will start college in a year and a half. We are asking ourselves, can we afford a vacation? Can we continue to save for retirement and college?”
Although Kaiser advised patients of the new plan in its brochure that it sent out in the open enrollment period late last year, Ms. Steinwand did not notice it. And private insurers, Mr. Mendelson said, can legally change their coverage to one in which some drugs are Tier 4 with no advance notice.
Medicare drug plans have to notify patients but, Mr. Mendelson said, “that doesn’t mean the person will hear about it.” He added, “You don’t read all your mail.”
Some patients said they had no idea whether their plan changed or whether it always had a Tier 4. The new system came as a surprise when they found out that they needed an expensive drug.
That’s what happened to Robert W. Banning of Arlington, Va., when his doctor prescribed Sprycel for his chronic myelogenous leukemia. The drug can block the growth of cancer cells, extending lives. It is a tablet to be taken twice a day — no need for chemotherapy infusions.
Mr. Banning, 81, a retired owner of car dealerships, thought he had good insurance through AARP. But Sprycel, which he will have to take for the rest of his life, costs more than $13,500 for a 90-day supply, and Mr. Banning soon discovered that the AARP plan required him to pay more than $4,000.
Mr. Banning and his son, Robert Banning Jr., have accepted the situation. “We’re not trying to make anybody the heavy,” the father said.
So far, they have not purchased the drug. But if they do, they know that the expense would go on and on, his son said. “Somehow or other, myself and my family will do whatever it takes. You don’t put your parent on a scale.”
But Ms. Steinwand was not so sanguine. She immediately asked Kaiser why it had changed its plan.
The answer came in a letter from the federal Office of Personnel Management, which negotiates with health insurers in the plan her husband has as a federal employee. Kaiser classifies drugs like Copaxone as specialty drugs. They, the letter said, “are high-cost drugs used to treat relatively few people suffering from complex conditions like anemia, cancer, hemophilia, multiple sclerosis, rheumatoid arthritis and human growth hormone deficiency.”
And Kaiser, the agency added, had made a convincing argument that charging a percentage of the cost of these drugs “helped lower the rates for federal employees.”
Ms. Steinwand can change plans at the end of the year, choosing one that allows her to pay $20 for the Copaxone, but she worries about whether that will help. “I am a little nervous,” she said. “Will the next company follow suit next year?”
But it turns out that she won’t have to worry, at least for the rest of this year.
A Kaiser spokeswoman, Sandra R. Gregg, said on Friday that Kaiser had decided to suspend the change for the program involving federal employees in the mid-Atlantic region while it reviewed the new policy. The suspension will last for the rest of the year, she said. Ms. Steinwand and others who paid the new price for their drugs will be repaid the difference between the new price and the old co-payment.
Ms. Gregg explained that Kaiser had been discussing the new pricing plan with the Office of Personnel Management over the previous few days because patients had been raising questions about it. That led to the decision to suspend the changed pricing system.
“Letters will go out next week,” Ms. Gregg said.
But some with the new plans say they have no way out.
Julie Bass, who lives near Orlando, Fla., has metastatic breast cancer, lives on Social Security disability payments, and because she is disabled, is covered by insurance through a Medicare H.M.O. Ms. Bass, 52, said she had no alternatives to her H.M.O. She said she could not afford a regular Medicare plan, which has co-payments of 20 percent for such things as emergency care, outpatient surgery and scans. That left her with a choice of two Medicare H.M.O’s that operate in her region. But of the two H.M.O’s, her doctors accept only Wellcare.
Now, she said, one drug her doctor may prescribe to control her cancer is Tykerb. But her insurer, Wellcare, classifies it as Tier 4, and she knows she cannot afford it.
Wellcare declined to say what Tykerb might cost, but its list price according to a standard source, Red Book, is $3,480 for 150 tablets, which may last a patient 21 days. Wellcare requires patients to pay a third of the cost of its Tier 4 drugs.
“For everybody in my position with metastatic breast cancer, there are times when you are stable and can go off treatment,” Ms. Bass said. “But if we are progressing, we have to be on treatment, or we will die.”
“People’s eyes need to be opened,” she said. “They need to understand that these drugs are very costly, and there are a lot of people out there who are struggling with these costs.”
This article has been revised to reflect the following correction:
Correction: April 15, 2008
An article on Monday about a large increase in insurance co-payments for high-priced drugs misstated the way the multiple sclerosis drug Copaxone is administered. It is injected, not taken in pill form.
Monday, April 07, 2008
Wednesday, April 02, 2008
Jesse Ventura ...Nails It!!!!!
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Jesse Ventura Part 5
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