The Impending Catastrophe: “It’s Not Difficult To See This Coming”

SHTF Plan ^ | 8/27/14 | Karl Denninger

[Kartographer]

It’s not difficult to see this coming, if you bother to look.

There is no rule of law any more if you’re a government employee — or one of those protected by same.

Let’s put together just a partial list:

[Kartographer]

"“Lawless are they that make their wills their law.” William Shakespeare

[Kartographer]

PING!!

[ClearCase_guy]

The government does not govern by the consent of the people. The government governs through the threat of the use of force. We live under a terror regime.

[2ndDivisionVet]

[TADSLOS]

The FSA tribes are restless.

[grumpygresh]

Hospitals are the biggest cost drivers in healthcare. Regulation and litigation are primary responsible. Costs would come way down if providers were able to compete in an environment less burdened by price controls, regulation, and litigation.
You can get very good private care for elective procedures in overseas clinics at only about a third of the cost in the US. Medicare patients should really think hard about this option as rationing becomes the norm.

[Graewoulf]

Thanks in no small part to Speaker “Blank Check” Boehner for refusing to Impeach Obama.

[blam]

Exactly.

[The Duke]

Since my own line of work (IT) is being sold off to India (and I guarantee you that the pockets of US politicians are being lined with gold over that) I'm contemplating starting a debt collection company named "Mel's Angels". All my collection agents would be required to not bathe. Wear biker garb and ride Harley's. Our motto would be ... "We Never Hurt the Kids".

That biz would be a much better fit for the "New America"!

[spokeshave]

All my collection agents would be required to not bathe

You are too modest by half kind Sir...

You want to employ a bunch of SMELLIES

Well known in UK the Smellies stink and worse...,

They are hired to go and collect a debt...sit in the foyer or outer office and stink the place out until they get the they get a call on the cell phone that the debt has been paid,

[MikeinMotley]

shtf ping

[Former Proud Canadian]

Kind of amazing how quickly that happened.

[Former Proud Canadian]

Let's see if the electorate has gone to sleep. Boehner might not be speaker for long.

If the repubs gain the senate and grow a pair it could be an interesting two years.

[MikeinMotley]

that is some BIG if’s my FR friend...but i do hope it will happen!

Mike

[Eric in the Ozarks]

Price fixing is rampant in American health care.
Prices are set by the Blue Cross/Blue Shield system and no one complains...

[Former Proud Canadian]

The next two years will be interesting no matter what the outcome of the election.

There are so many disasters looming, I don't know where to start. The continuing financial crisis could drive the markets down as much as 50% at any time.

[The Duke]

...They are hired to go and collect a debt...sit in the foyer or outer office and stink the place out until they get the they get a call on the cell phone that the debt has been paid,

Good Lord I'm onto something! :O

[MrB]

You stole that from me... :)

You have my full permission.

[GBA]

Thanks for posting this and for the ping.

We've built quite a bubble out of everything around US that's finally too big to ignore, even by those who refuse to see.

But instead of releasing the pressure, we/they put bureaucratic scaffolding, band-aids and tire patches all over it as insurance to prop it up and to keep it from popping, which virtually guarantees it will *POP* even more spectacularly than we/they fear.
(Visualize: "The Hindenburg")

Great quote, too! Not much new under the sun.

[grumpygresh]

“Prices are set by the Blue Cross/Blue Shield system and no one complains...”

Prices are set by CMS/Medicare and commercial plans typically pay a percentage over Medicare. Costs are high because of regulation, litigation and the third party payer system that covers non-catastrophic expenses. Patients have paid for an ever shrinking percentage of total health care costs over the last 30 years. It stands to reason that if patients paid for most or all of the non-catastrophic costs, costs would come down.