Archive for the ‘medical debt’ Category

Tube heading slingshot 2014

 

Tube Police Tyranny

 

Screen Shot 2012-07-21 at 11.55.56 PM

TUBEPENTA HEADING

So let Tubularsock hear this again. The government is “shut down”? Well I will bet anyone, that if tonight you go into Georgetown and try and get into the bars or restaurants you’d have hell to pay to get in!

And somebody shot at the Capitol Thursday afternoon and IT WAS THE Capitol Cops and the FBI and god only knows who else that rushed to the rescue guns a-blazing. They were able to bring down an unarmed mentally unstable black woman. Wow. But we are all “safe”! And the big news is that those cops weren’t being paid to kill people because of the shut down. Boy, Tubularsock is impressed. Killing for free, NOW THAT IS DEAD-A-CATION.

And just this morning I saw three army helicopters fly over on their daily “commute” run so the generals don’t have to sit in traffic.

And I haven’t heard that the 5th Fleet have packed up their Tomahawk Missiles and boogied home.

And the CIA is still ramping up their covert training program in Syria.

The military-operated  Arlington National Cemetery will remain open but the Special Supplemental Nutrition Program for Women, Infants and Children, known as WIC, which provides food to 8.9 million low-income women and children, will be out of money.

military graves

And Tubularsock thinks that making sure that dead military people at Arlington are taken care of but NOT assisting women, infants, and children with food is exactly America’s priorities. You know the ol’ destroy the village in order to save them concept!

And of course, The Federal Reserve is a self-funded agency and so will remain operational. You remember they print their own money. How convenient. In fact that might be the way we could fund the Special Supplemental Nutrition Program for Women, Infants and Children. Nah …….. too easy.

But rest assured Congress still get their pay checks on time, but their staffs don’t get paid.

And Obummer will still be banking his paycheck too.

“That’s the way you do it, money for nothin’ and the chicks for free . . .” (Dire Straits)

However what is unfortunate is what Morgan Stanley’s analytical team came up with while discussing the potential cost of the shutdown. Just because Congress says they have shut down the government, ALL THE COST FOR RUNNING THE GOVERNMENT REMAIN COSTING THE GOVERNMENT (That’s us by the way.)

In fact, to the tune of 1.6 billion dollars A WEEK! You do understand that all the government debt interest still has to be paid to the banks. Would somebody explain this to the Congress of the United States.

But Tubularsock isn’t scared. Because we have “QUANTITATIVE EASING”. I am so relaxed.

Screen Shot 2012-07-21 at 11.55.56 PM

Friday night Nov. 16th at the first anniversary of their eviction from Zuccotti Park, Occupy Wall Street held a concert at Manhattan’s Le Poisson Rouge nightclub.

The celebrity’s and local artists that performed donated their time and the performance was held as a “bailout for the 99 percent”. Nice.

Here is the concept:

Thousands of people are loosing their homes because of medical debt so Strike Debt (an offshoot of the Occupy Wall Street Movement) are taking the money they acquire from these concerts and have begun erasing people’s medical debt by infiltrating the debt-collection industry. Sweet!

According to Fabien Tepper’s article in Yes! Magazine :

“The tactic is to buy private debt the same way collection companies do—on the debt market, at tiny fractions of its original worth—and then cancel it in hopes of freeing debtors from their piled-up medical bills. It is hoped that the action will bring debt servitude to the forefront of our national conversation.”

The concert raised more that $293,000.00 and because they will be buying discounted  debt they will be able to buy up 5.9 Million Dollars of debt! They will be able to bail-out nearly 4000 families.

It is interesting to note that 62% of all bankruptcies are directly caused by medical debt.

The Strike Debt movement emphasizes that they are NOT doing “charity” or “forgiveness” of debt but rather “solidarity and mutual aid.” Yates McKee, a Strike Debt organizer says, “We’re calling for this to be a political act of economic non-compliance, we are intentionally withdrawing our consent from this system.”

As Tubularsock sees it  ………… it is creative steps like this that will began to shift the system and Tubularsock hopes this is just the beginning.