Saturday, November 16, 2013

THOUSANDS OF DOCTORS DROPPED FROM HEALTH PLANS

UnitedHealth Group dropped thousands of doctors from its networks in recent weeks, leaving many elderly patients unsure whether they need to switch plans to continue seeing their doctors, the Wall Street Journal reported on Friday.
The insurer said in October that underfunding of Medicare Advantage plans for the elderly could not be fully offset by the company's other healthcare business. The company also reported spending more healthcare premiums on medical claims in the third quarter, due mainly to government cuts to payments for Medicare Advantage services.
The Journal report said that doctors in at least 10 states were notified of being laid off the plans, some citing "significant changes and pressures in the healthcare environment." According to the notices, the terminations can be appealed within 30 days.
Tyler Mason, a UnitedHealth spokesperson, was not immediately available for comment when reached by Reuters.
The insurer told the WSJ that its provider networks were always changing and that it expected its Medicare Advantage network to be 85 percent to 90 percent of its current size by the end of 2014.
UnitedHealth is participating in about a dozen new state insurance markets that launched on October 1 to offer subsidized health coverage under President Barack Obama's healthcare overhaul.
The insurer said previously it planned to withdraw from some markets in 2014 because of the government funding cuts.
Another top health insurer, Aetna Inc , also warned in October that it expected slowing growth in 2014 in its Medicare Advantage plans.

Wednesday, November 13, 2013

Andrew Huszar about quantitative easing

There's a real question as to whether the massive bond-buying program known as quantitative easing was worth the cost, former Federal Reserve official Andrew Huszar said Tuesday.
"My argument is not that QE was not at all useful," he said on CNBC's "Fast Money."
"I believe that at the time, it was just one more tool that the Fed introduced to try to help the economy," he said. "My point, ultimately, is the idea that very quickly into QE, it started becoming obvious that it wasn't working in the way that it was supposed to."
Huszar, a senior fellow at Rutgers Business School and a former managing director at Morgan Stanley, noted a few of the program's unintended effects.
(Read more: Hide from Fed taper with 3 stocks: Ron Sloan)

Getty Images
"I think the real issue is that the Fed has expanded its tool kit so dramatically, and really there are some real questions as to how potentially it unwinds, when it unwinds," he said. "We saw this past summer there was this announcement of potentially a taper and the markets actually tanked, and after that the Fed backpedaled. What's going to happen if we go on for months, years longer?"
Huszar apologized for his role in QE in a Wall Street Journal op-ed published Monday.
(Read more: O'Shaughnessy: Crisis in long bonds is imminent)
"I can only say: I'm sorry, America," he wrote. "The central bank continues to spin QE as a tool for helping Main Street. But I've come to recognize the program for what it really is: the greatest backdoor Wall Street bailout of all time."
Huszar told "Fast Money" that the bond-buying program, which was supposed to increase credit availability to consumers and businesses, didn't do so.
"There was actually a net decrease in mortgage lending," he said. "In fact, until 2012 mortgage lending was at a 15-year low."
(Read more: Dennis Gartman sees 'a massive top' in bonds)
QE's de facto support of the stock market left out a sizable portion of the people it was supposed to help, Huszar added.
"Let's be honest, 50 percent of Americans don't own stock," he said. "There's a certain amount of trickle-down monetary policy involved here. And there's a real question as to whether that works compared to the huge costs that the program has."
Huszar also said that QE thwarted the idea of reining in banks "too big to fail."
"By virtue of reflating the markets, we've potentially taken the emphasis out of breaking up what is ultimately a banking cartel in the United States," he said, adding that "0.2 percent of banks control 70 percent of assets in this country."

OBAMACARE ENROLLMENT DISASTER FEWER THAN 27K ON FED WEBSITE

Roughly 100,000 people enrolled in health insurance through Obamacare last month – far short of the administration's goal.
The Health and Human Services Department said 106,185 people have successfully applied for and chosen private insurance through the health care law's new marketplaces. That total is only about 20 percent of the administration's initial enrollment target for October, the first month in which consumers were able to sign up for coverage.
Officials have long acknowledged they would fall short of that target because of the problems surrounding HealthCare.gov, the problem-plagued website that handles enrollment for 36 states.
HealthCare.gov has performed even worse than expected. Fewer than 27,000 people selected a plan through the website, compared with roughly 79,000 who picked a plan through the 15 state-based insurance exchanges. Unofficial estimates leaked earlier this week suggested the federal website had done slightly better.
 
Another 396,000 people have been approved for Medicaid benefits, according to HHS.

http://www.nationaljournal.com/health-care/it-s-official-obamacare-enrollment-is-super-low-20131113http://www.nationaljournal.com/health-care/it-s-official-obamacare-enrollment-is-super-low-20131113

Friday, November 8, 2013

Job creation soars in October

Forget the shutdown: Job creation surged in October despite dimmed expectations from the impasse in Washington.

There were a net 204,000 new jobs created for the month, though the unemployment rate rose to 7.3 percent and households reported a huge drop in employment, the Bureau of Labor Statistics said. A separate measure that includes the underemployed and those who have quit looking also moved higher, from 13.6 percent to 13.8 percent.
The numbers easily topped economist expectations of 120,000 new nonfarm payroll jobs for the month, though it matched estimates for a slight increase in the headline jobless rate.
"I find this bizarre," Moody's economist Mark Zandi told CNBC. "I wouldn't be surprised if this gets revised to some degree...down."

 http://www.cnbc.com/id/101182289

Thursday, November 7, 2013


take a look at this. Justin Bieber in bed with a prostitute in Brazil you have seen it here on FEMA camp infobase

Twitter big profits ahead

Twitter is a young company generating large losses as it competes in a highly uncertain sector of the economy.
And that is exactly why investors clamored for a piece of its initial public offering, which closed on Wednesday evening.
Twitter’s shares were priced at $26, giving the company an overall value of $18.1 billion, including stock that the company is likely to issue to employees. That makes Twitter worth more than many storied American corporations, like Alcoa and Harley-Davidson. At that valuation, each of Twitter’s 230 million users around the world is worth $78. Going by such numbers, the public offering has been a tremendous success for the company, which raised $1.8 billion from the offering, a hefty war chest.

All this is impressive for a company that has racked up more than $300 million of losses in the last three years — and may not show real profits until 2015.
But investors are betting that Twitter is virtually destined to become wildly profitable as advertisers pay it increasing amounts of money to reach consumers who use the service.
“The possibilities and opportunities afforded by the platform are limitless,” Dick Costolo, Twitter’s chief executive, said in a company presentation to promote the offering. Still, if recent history has anything to teach, the euphoria is unlikely to last.
 http://dealbook.nytimes.com/2013/11/06/twitters-market-valuation-suggests-wall-st-sees-huge-growth-potential/?_r=0

St. Augustine Police Department has gone too far

San Augustine, Florida Police Department are rounding up homeless people downtown to get their sick, twisted ways. And they're abusing their power multiple authors will gang up on one homeless man to run him out of town. More information to come. When it comes in. Thank you

Wednesday, November 6, 2013

Cops Force Open Man s Anus at Hospital

this is so atrocious that this should be viral. Everyone needs to see this video. This video is just sickening and appalling our relations police system. We need to put a stand against this atrocious violence we need to stop the violence stop the anarchy and stop the craziness that we call America today. What happened to America. What happened to America in the 15th century, where they are all working together to form Constitution. What happened

update

Monday, November 4, 2013

T-SHIRT ARTIST STRIKES BACK

create a new look with a funny twist.
“When I got finished I thought, this is pretty good – I thought it was fun,” McCall said.
Soon, he was having T-shirts emblazoned with the NSA logo accompanied by the slogan, “peeping while you’re sleeping.” Under the parodied emblem was the statement, “the only part of government that actually listens.”
What McCall meant as pure parody, apparently wasn’t very funny to bureaucrats at the NSA.
(credit: CBS)
(credit: CBS)
While he calls it parody they call a violation of the spy agency’s intellectual property.
“Because when you’re pointing straight at an organization or making fun at it, turning it on itself, that is classic parody,” he said.
The agency ordered him to cease and desist and forced his T-shirts off the market. But on Tuesday, the father of three young boys drew a line in the sand.
With the assistance of the Washington D.C.-based consumer advocacy group, Public Citizen, he’s suing the spy agency for violating his First Amendment rights.
McCall said he doesn’t want his kids to grow up in a country where you can’t humor your own government.
McCall said it’s important “that we clarify whether or not these types of laws are consistent with the rights as Americans under the First Amendment.”

US dollar collapsing my thoughts on it

US dollar is collapsing why you ask, I don't know. It could be the multiple cesspool of hack. We live in Obama spending too much money on anything and everything. We don't need to keep on spending to survive we need to be more productive. We need more jobs we need more people. We need more entities that can help us out. What really angers me is Obama thinks he has unlimited checkbook and he can spend, spend, spend. I tell you one thing, we do not have any of the money anymore. I will be owing China. The rest of our lives. I say this in Jesus name amen