Older Blogs: 2007-2010 http://www.tigersoft.com/Tiger-Blogs/index.htm
by William Schmidt, Ph.D. (Columbia University and Tiger Software)
www.tigersoftware.com and www.tigersoft.com
Author of Tiger Insider Stock Trading Software. Peerless Stock Market Timing: 1915-2013
Explosive Super Stocks Killer Short Sales Tiger Tahiti System Tiger Closing Power
10/29/2011 Fond Memories of My Brother Baldwin Stephen Schmidt
Obama's Trust of Wall Street Seems Stupider and Stupider.
US Jobs and Wages Sour, but not on Wall Street.
Progressives Feel Even More Snookered by Democrats.
Harry Truman Would Have Known How To Handle These Profiteers.
Average Hourly Wages have declined since 2009.
The Dow Jones Industrial Average has more than doubled.
"Obscener". That's what Wall Street wages are becoming.
"Last week JPMorgan Chase's Board approved a 74 percent pay raise for its CEO,
Jamie Dimon, for 2013, a year when JPMorgan barely escaped a criminal penalty
and paid $20 billion in fines and penalties for wrongdoing -- much of it on his watch.
...In 2013, Dimon made $9,615 per hour. (This is ) more in the first two hours
of the first workday of the year than a minimum-wage worker made all year long.". (Source)
"The top 40 hedge fund managers and traders in 2012 were paid a combined $16.7 billion.
This is the same amount that 400,000 average workers got.
The wealth of four members of the Walton family is greater than $100 billion.
That's more than the poorest 40% of Americans. And they are using every penny
they have to keep the Government from touching any of their entirely inherited wealth.
The latest Jobs Report belies Obama's boasting about all the jobs
his Administration's economic policies have helped create. For
obvious reasons, he chose not to talk about how wages for working
people keep falling and vital Public Sector jobs keep disappearing.
Sadly, private sector jobs are not being created fast enough to keep
up with the US population's growth. Obama has failed. And he's
utterly failed to fight for progressive and fairer economic policies.
We might just as well have had a Republican from Wall Street running the
country. This was no accident. The Democratic Establishment
has snookered us into thinking Obama was a Progressive. We won't
forget this treachery.
To be fair, Obama has always said he believes in the "free market".
Progressives just didn't take such comments seriously. Surely, he was
not a believer in lassez-faire. Anyone with a smattering of knowledge of
US history knows WHY child labor laws are needed, WHY mining is regulated,
and WHY the poorest workers need to be protected from brutal exploitation.
Surely, Omama had read about the coming of the New Deal...
Five years in office, i still see no evidence that he knows any XXth
century history. He may quote Lincoln, but never, never mentions
FDR or Truman, have you noticed. What's worse? Obama believes in
"free trade". In other words, corporations can send as many jobs overseas
as they want, fire as many as they wish and hire as few as they like.
Capital is free to leave the country anytime it wishes and it does!
Finally five years into his office as President, Obama suggests that the
minimum wage should be raised. Note that he has no plans to prevent
Corporations from paying their CEO and Board of Directors obscene
sums. Naturally, "no drama" Obama says nothing about a wealth tax,
Nor does he hint at a higher tax on capital gains or a tax on parasitic
computerized intra-day trading by the big banks. Sometimes, he offers
us a little populist rhetoric to fool us, but the point is he does nothing
that helps us or makes a difference.
He should forget about Wall Street. He should take them on. The Big
Banks caused the collapse. They are taking money out of the real
economy to pump up stock prices and make millionaires into billionaires.
He should study FDR and Truman. Truman knew Big Wealth was against
pitted against the little guy. He fought Wall Street and big corporations
every step of the way. Sure the Dow Jones Industrial Average marked time
for three years between January 1, 1946 when it stood at 191.3 and
December 31, 1949 when it was 192.7, but the average hourly wage in
the US rose steadily and handily from $0.86 to $1.27.
( See http://research.stlouisfed.org/fred2/data/AHEMAN.txt )
| Harry Truman denounced war-profiteering as
treason. But that
never stopped Halliburton, Exxon or Wall Street. We are still
at war in Afghanistan!
"During World War II, I called war profiteering, 'TREASON'.
People who make millions off the blood of our young soldiers are
the most DESPICABLE OF HUMAN SCUM! We all know
what the punishment for treason is. Don't we?"
Obama should read Truman's Labor Day address
in Detroit on September 6, 1948. Here was a real President.
"Two years ago the people of this country, and many workingmen among them,
seemed to feel that they wanted a change. They elected the Republican 80th Congress--
and they got their change. That Congress promptly fell into the familiar Republican pattern
of aid for big business and attack on labor. The Republicans promptly voted themselves
a cut in taxes, and voted you a cut in freedom...Important Republican newspapers have
already announced in plain language that Republicans in Congress are preparing further
and stronger measures against labor. If the congressional elements that made the
Taft-Hartley law are allowed to remain in power, and if these elements are further
encouraged by the election of a Republican President, you men of labor can expect to be hit
by a steady barrage of body blows. And if you stay at home, as you did in 1946, and keep
these reactionaries in power, you will deserve every blow you get. (WOW - he was blunt!)
If you let the Republican administration reactionaries get complete control of this Government,
the position of labor will be so greatly weakened that I would fear, not only for the wages
and living standards of the American workingman, but even for our Democratic institutions
of free labor and free enterprise. Remember that the reactionary of today is a shrewd man.
He is in many ways much shrewder than the reactionaries of the twenties. He is a man with a
calculating machine where his heart ought to he. He has learned a great deal about how to get
his way by observing demagogues and reactionaries in other countries. And now he has many
able allies in the press and in the radio.
So, what good is he, I ask? Even his Obama Care looks more and more like
a big give-away to medical insurance companies, pharmaceuticals
and biotechs. Remember, he would not even put the Public Option into
the new health insurance system. Of course, medical insurance companies
will do their best NOT to honor their part of the new contracts. And who
know what most doctors will do. I wrote 5 years ago that Obama was either
very naive or very corrupt (my conclusion then) in telling us that we should
all just trust the private medical insurance companies like Anthem Blue Cross.
Didn't he know how bad their track record was? How they arbitrarily riased
premiums, denied benefits and refused to even take calls when cutomers
complained. (See the Blog just below about this.) Paul Krugman saw Obama's
abandonment of the "Public Option" in 2009 as the beginning of his
"Trust Problem". I date it back to March 2009 and to his Wall Street friendly
appointments. See TigerSoft Blog: 3/19/2009 Who's Lying? Obama Brazenly Coddles
Wall Street Crooks.
Sure, he says he wants the minimum wage to be raised to $9 or $10/hour.
But if the minimum wage from 1980 were to be adjusted for inflation, it
would now be way over $16/hour. What's worse? Obama conveniently forgets
to mention how the average for all worker's wages are falling behind Wall Street's.,
The truth is ugly. It shows how the rich have waged class warfare against
millions and millions of American workers who have been betrayed by
Obama. "Wages are stuck, and barely rose at all in 2013. They were
up 1.9 percent last year, or a mere 0.4 percent after accounting for inflation.
Not only was that increase even smaller than the one recorded in 2012,
it was half the normal rate of wage gains in the two decades before the
last recession." (NY Times) The average age for someone being "paid a
"minimum wage is 35; most work full time; more than one-fourth are parents;
and, on average, they earn half of their families total income." (NY Times)
Spineless and Ignorant, Obama Coddles The Rich
while Millions Get Poorer and Can't Find Work.
When you dig a little deeper, his betrayal becomes even more obvious.
He agreed to an extension of the Bush tax cuts for the super-rich. He agreed
to exempt as much as $10 million from any estate taxes. He lowered the
estate tax rate down to a measly 35%. At the time, the US was $15 trillion debt.
This one decision saved the Walton heirs $17 billion in taxes.
Precisely because of all of Obama's efforts to get along with Republicans,
to please Wall Street and Big Business, he lets go unchallenged all the
right-wing austerity nonsense that politicans should from the 1930s tragedy
already know does not work. But Obama knows no history. Whatever
he took in college, it certainly was not economic history! A real Progressive
could easily demolish the right wing lie that you fix a broken economy
suffering from a financial collapse and high unemployment by laying
off millions of public sector workers.
Even if he only got a "C" in an Economic History course, he would know
in a deep recession, the Public Sector must be the employer of last
resort. It must hire all these people who can't find private sector jobs.
This rebuilds consumer demand and confidence, But Obama defers to
the rich, who want only to pay low wages, so that their profits will go
up and up. The bankers he voted to bale out have gotten more federal
money than all the Public Works programs taken together since he was
in office. And when was a big banker put on try for Fraud, Theft or
Insider Trading during the Crash? Never!
Obama has placed his bet on the Rich and Wall Street, hoping there
would be some trickle-down for the rest of America. Well, he has failed.
The Republicans are right. He should resign. He has no answers.
As a result, the public sector keeps falling, despite the collapsing and aging
infrastructure everywhere. And now private sector in the US have fallen
below the level needed simply to provide enough jobs even to keep
up with population growth. 165,000 new jobs a month are needed to do that.
Look at the numbers recently.
If only for reasons of fairness and compassion, the Government has to be
the employer of last resort because capitalism seldom provides full employment,
much less decent pay. It does produce financial panics and high unemployment.
And it always always over-pays its chief executives for "work" that has very little
redeeming social value.
This rate of job creation will only make worse the near-record level of
long-term unemployment. Officially, they say this is around 3.6 million.
The new job creation numbers hardly make a dent in the 20 million
who are either unemployed or underemployed and desperately need
more income. Only 63% of Americans over age 16 either had a job or were
looking for one. Many have given up or find the wages now offered would
barely cover the cost of driving to work. Capitalism and its creature, the
American political system are making millions go hungry. We have all
this wonderful technology. But it is wasted and goes unused because
Big Corporations choose to make profits elsewhere and in other ways.
Showing just how cut-throat and cruel, they really are Congress has just
cut the Food Stamp program and deny long-term Unemployment Benefits
to millions. Marx appears to have foreseen this exactly right. Capitalism
in America now does seem to depend on there being a large army of
unemployed. It serves to discipline the populace and keeps them begging
---------------- New Jobs -----------------
January +142,000 -29,000
Change in Employment
Percent Change in Employment
Articles on why Obama is not to be trusted by Progressives:
Summers lost because liberals don't trust Obama on financial reform
FOX and RUPERT MURDOCH
REACH ANOTHER NEW LOW IN
VILE, WANTON CRUELTY
They Show Us How Badly Meglomanical
Corporate MEDIA Intends To Treat Us All.
A Cruel Bait and Switch
Did you see American Idol last night? That's the show where young
Americans audition before three pop stars, Jennifer Lopez, Harry Connick Jr
and a blond fellow from New Zealand named Keith Urban for a chance
to be the "next American Idol."
No? Well, imagine yourself getting a free "Ticket to Hollywood"
to audition to be this year's "American Idol" on FOX. 300 singing hopefuls
each year for the last ten years have gotten the Golden Ticket, a trip to
Hollywood, where where they got put up in a nice hotel and allowed to
settle in semi-comfortably for the often months' long auditioning process.
Not this year. FOX's Rupert Murdoch decided this was too expensive.
This rich the Australian mogul decided that he wanted to play a
cruel joke on some of the American hopefuls. He wanted, I suppose,
to show off his power and teach the young innocents, just how cruel
the new world of media monopolies would be. Like many rich people,
he is an empire-builder, has little or no compassion and actually takes
sadistic pleasure in the inflicting pain on those they employ and can
control. Murdoch has set up his entire media chain to perpetrate
the myth that the poor are lazy and deserve no helping hand from the
Government even though they are the victims of Capitalism's greed
and its perpetual failure to deliver full employment or on all the promising
potential inherent in modern technoogy.
This year, for many the "Welcome to Hollywood" golden ticket turned out
to only be a ticket to an LA airport hanger and an immediate return flight home
the very same day after they fail a hurried-up audition right at LAX.
Fresh from their incoming flight to LA with bags in hand, all this
year's contestants were herded into a hanger. 50 of the contestants
were called out to do another audition. The half who failed
were not told they failed. Instead, they were put on an unmarked
bus back for their flights home. Humiliated, used and exhausted
they returned home, never having seen Hollywood.
How would you feel being treated like this?
There was no revolt from the contestants. There was no expression of anger
from any of these innocent kids. Why not? Because the 3 judges did not have
the nerve or character to tell them face-to-face that they were being immediately
sent back home, that they would not get to see Hollywood.
The American Idol Judges Were Especially Cruel
These 3 judges are each paid millions. They weren't going to challenge
Rupert Murdoch's sadistic Fox machine. They utterly lacked the moral fiber
to do that. They put them on an unmarked bus without telling them where
it was going. What "chicken-shit" lack of character, participating in this cruel
hoax, this sadistic bait and switch.
American Viewers Were Horrified.
I found 100s of horrified comments about the whole episode on Facebook.
Here is a typical one:
"How absolutely cruel and heartless to make these kids
'sing for their lives' (this is what the judges said) and then
send them home without ever being able to get a glimpse of California.
Were they even given anything to eat? They must have been
exhausted from the plane trip. Were they given an opportunity to rest
before getting back on to go home??? Did they even get a drink of water?
And the whole bus thing was beyond the pale. What did this accomplish
other than inflict horrendous mental anguish on them. I am just floored
by the cruelty of FOX and American Idol for permitting such torment
on these kids. Shame a million times over on you. I would sue if I were
them... American Idol must be desperate for ratings for them to sink
so low - torturing exhausted, disappointed kids. What's next - waterboarding?"
Many of The Rich Today Are Quite Cruel and Callous.
Lies and Cruelty Were Essentials in Their Rise To The Top.
It comes as no surprise, but researchers at UC Berkeley have proven
the obvious. Those who are wealthy were found to to be much more likely
to cheat, lie and break the law than those who were poor.
This cruelty is exactly what you we should expect, knowing that
the head of FOX, Rupert Murdoch's whole career as an empire-
builder has been marked by "unusual arrogance, thuggery and
deception." He sees himself as a master propagandist whose
empire has grown as he sought political favors from the right-wing
goernments of Reagan, Bush and Thatcher. For politicians in Beijing,
Washington and London this psychology makes Mr Murdoch an ideal media ally.
A wicked surpise greeting upon arrival awaited the hopefuls.
"Fail this audition and you can forget about seeing Hollywood
even for one single day. It's straight back home for you."
(All you get to see of LA is the inside of an airport hanger there
and a lesson from Fox about how cruel the right-wing
corporate media is at its rankest .)
This is not the first time. Fox and American Idol raised the hopes of some
of America's lids and then wantonly and cruelly dashed their hopes.
"American Idol" goes cruel, telling kids theyr'e in and then they're out. February 17, 2012
Ten ex-'American Idol' contestants sue show over alleged racism Jul 25, 2013
Is 'American Idol' Too Cruel to Kids? January 27, 2011
American Idol, Fox's sadistic musical bake-off Sep 4, 2002
'American Idol,'so needlessly cruel June, 14,2002.
It's also not the first time, I've complained about how they spread their
poison of cruelty and callousness to all America. Two years ago I wrote:
"I made the mistake of listening to FOX's Simon Cowell again on his glitzy
X-Factor show. It didn't take Simon more than 2 minutes to once more use the word "Karaoke"
as a categorical pejorative. His ultimate "put-down" of an inadequate performance is to
call it "Karaoke quality"...What crap! I realized that he's as ignorant as he is arrogant;
no mean feat, that. Why do Americans have to listen to rude Englishmen judging
American talent shows anyway? Why did Piers Morgan replace Larry King?
"One answer is because FOX and CNN want the broad mass of Americans
to feel inferior and deferential to their betters. That way the 1% can better control the 99%.
Too cynical? Well maybe. Another reason Simon gets away with his elitist snobbery is because
that he and the media are trying to make his shows seem to have singers of such a lofty
standard that it is quite unreachable for regular, everyday people to attain, unless they
have Simon's God-like guidance and approval. What a croc! He's a wanna-be English aristocrat
carving out his own empire using patronizing put-downs to bully the natives.
Fox has a lot to learn about respecting ordinary people."
Fox is owned and controlled by Rupert Murdoch. His life is proof of the psycho-pathology
of megliomanic greed, avarice and the pain it causes others he has stomped on in building
his empire. "As the scandal over Rupert Murdochs News Corporations illegal phone
hacking activities broke to television audiences around the world, I could not help but
wonder why? And I am sure many others asked themselves the same question. What prompted
Murdochs executives to condone illegal activities aimed at listening into private conversations?"
Rupert Murdoch's Fox Network of "Lies for Profits".
Rupert Murdoch Buys Bel Air Vineyard Estate For $28.8 Million
Murdoch was born rich. He inherited control of the Adelaide News in Australia..
He began buying other newspapers, including Sydney's Daily Mail, and in 1964 he launched Australia's
first national paper, The Australian. From then on, the growth of his media empire was rapid,
buying London's News of the World, the New York Post in 1976, the London Times in.1981
and finally the Wall Street Journal. He nope has full control of Twentieth Century Fox,
Fox Broadcasting and the publisher Collins. http://en.wikipedia.org/wiki/News_Corporation
BLUE CROSS DOUBLE CROSSES AMERICA
Thousands of Yelps say
Anthem Blue Cross is One Big Fraud
Now brought to millions more courtesy of Phony-Baloney Obama and
California's Insurance Commissioner, Phony-Baloney Dave Jones...
People need health care. They need insurance. But the evidence is
overwhelming that Blue Cross knows only how exploit them in their time of need.
"5 Stars? (Why so high?) This is for how well they screw their customers.
They are truly excellent at that. The people running this corporation are financial
geniuses! Here's their plan: spend almost nothing on customer service (hey,
why answer phones - ignore them and they'll go away), scrimp on claims staff,
deny claims without cause (so sue us if you don't like it!) and do everything
possible to limit interaction with customers and/or tangle them up with
time-wasting run-arounds. In short: Take the premiums. Pay as little as
possible on claims. Give zero customer service = make tons of profit!"
(And bribe State regulators, Congress and Obama, so they all bring new
customers to you all at public expense.)
Who will stop these thugs and crooks? Where are the lawyers that should
be suing Blue Cross? Where are the State Insurance Commissioners who
are not doing their job of protecting their people against fraud and theft?
Where are the newspapers that should be warning Americans of the frustrations
and failures Blue Cross has caused for years?
"Anthem is by far THE WORST health insurance you could ever
possibly get. I'm amazed that they are also by far the biggest in California
and the reason is people don't know what they don't know. They think
they are getting a good deal but they are getting horrible medical care."
12/23/2013 Hermosa Beach, CA "I switched to Anthem Blue Cross (PPO)
this year from Blue Shield and it is the worst medical insurance I have
ever had!! Do NOT ever get Anthem". 1/12/2014 Orange, CA
"Best way to get someone to take your call is to call the number for new sales.
They answer right away. No wait time. Guess we all know where their priorities are."
1/15/2014 Alameda, CA "The company is a total disaster. I cringe at what's
to come when actual claims are sent in. 1/15/2014 Topanga, CA Worst customer
service ever period. They "transitioned" my policy to be compliant with ACA,
and whoops, forgot to activate our new policy on January 1, even though they
were paid on time. I was told I was in the group of individuals who did not get
"uploaded" in some giant data dump. So customer service is blaming IT for
this problem. She also lied to me and said it would be resolved by the next
business day. This company is so screwed up I can only say, stay away from them,
Certainly Big government is often wasteful, remote and corrupt.
But I'm here to tell you nothing is more wasteful and corrupt than an unregulated
big corporation, like Anthem Blue Cross, when the government simply trusts them
to do the right thing, as ObamaCare has. I warned that this would happen two
years ago, by the way.
ObamaCare has given Blue Cross a ton of money to affordably insure millions
of average folks against bad health for the first time. A laudable objective,
in my mind. But Clue Cross should never have been trusted in the first places.
They are white collar thiugs and thieves. Nearly every new post about them
on Yelp and Facebook show this. And this pattern goes back a long time.
Back in 2009, I warned Democrats and Obama Care supporters not to trust Anthem Blue Cross.
In 2010 "California's insurance regulator said Monday his office has found
more than 700 violations by the state's largest for-profit health insurer, including
late payment of claims, giving misleading information to consumers and failing
to cooperate with regulators." Source.
California California State Insurance Commissioner, Dave Jones.
He's all boyish smiles, but he offers no real protection for California consumers!
I want to know why he allowed Anthem Blue Cross to be on the California
Insurance Exchange for individuals, but would not let them be on it
for businesses. He claimed they regularly over-charged businesses.
This suggests to me he thinks over-charging individuals is just fine.
His main priority is to protect businesses. I emailed him. No answer.
I'm not a priority to him either. No real surprise. He's just another
Dave Jones is now the Insurance Commissioner in California. Running for office, he said
"The insurance commissioner should be a strong advocate for consumers." Now he's in
charge? What will he do? I just called the Commission to find out if they are aware of all
the complaints about Anthem Blue Cross and was told I should write him a letter. Well,
I've writen him an email and will report if and how he responds. (No response two weeks
Below are a few typical Yelp comment about Antheem Blue Cross from 2010-2012,
before the ObamaCare became law.
"Worst customer service I have ever experienced---ever. I have been dealing with
one claim since May (it's now October 20th) and every time I call to follow up it takes
at least 25 minutes for my call to even get answered. Once my call actually gets answered,
BCBS comes up with a DIFFERENT reason why my claim hasn't been processed or
can't be processed. I then make whatever changes they tell me to make and ask to have
someone follow up. I have been promised by 4 separate "customer service SPECIALISTS"
to be called back/notified if something goes wrong with my claim, and each time,
I have been LIED to and have had to waste hours JUST trying to get back in touch myself."
"ABSOLUTELY HORRIBLE. They OFTEN don't cover things the plan
says they do, unless you call them about it. EVERY TIME I CALL I GET
A DIFFERENT REASON WHY COVERAGE HAS BEEN DENIED, and then
they transfer me to someone else. Now they're telling me I have to resubmit to
a different leg of the company with a special different form. This is just corrupt." (Source).
"I completely agree with what everyone else is saying here.
I have covered benefits that they refuse to pay. At this point, they actually
owe me thousands of dollars in unpaid claims and I have called them over and
over again to get this resolved. Every time I call, people say they are working
on it, but I've been doing this for months! They seem to make up reasons for why
they won't pay for things (i.e. I sent in my claims to the ADDRESS on the CARD
and they say I have to submit it locally - in California). However, I have called
many times to get that address and NO ONE can tell me what that address is, or
how I submit it locally.
"This insurance company is a total scam. I'm convinced that they do everything
they can to not pay for things unless you call over and over again. I still have no
resolution on this and it's been many months. My provider and I have called multiple times
and the story is different every time. Right now I have been waiting for weeks for
someone to call me back. However, she never does. I call every other day right now
and get told "they're working on it.
"I have never dealt with an insurance company that seems so corrupt. It is a
covered benefit and they refuse to pay. If this isn't resolved soon, I plan to take legal
action." (Source. )
Why is it no one, including the over-paid corporate media, is watching Blue Cross and
demanding any accounting for the massive fraud they are now committing.
The only thing they are good at is taking people money. They are providing no
services and no accountability. The customer service is not bad, it's non-existent.
These are serious charges. They show that Blue Cross has committed consumer
fraud and theft many thousand times, over and over, in the last month or two,
ever since ObamaCare went into effect.
Look at the comments on the internet of more disgruntled Blue Cross customers:
1/24/2014 "The worst! Anyway I
have paid my money after fiddling for hours
with the Covered California site that constantly errored. I have never received a card
or welcome kit with policy from Anthem. They seemed to be able to cash my check
promptly though, so they are good at something. Forget about calling them. I have
done it 5 times and the automated attendant says "were to busy to talk to you now.
Call back at another time. Screw these people. They wont get another dime of my money
I can't imagine having a claim with these bozos! Customer Satisfaction. Zero" Source
1/28/2014 "HORRIBLE customer service. Have been on hold with them for a total
of 5 hours now in the past 3 days and still have not spoken with anyone to resolve an issue
that should have never happened in the first place. I don't even have the option to be on
hold anymore because the reps are all busy. Recording says they open at 7am so looks like
I have to set my alarm for that. Am planning on looking for a new provider just because of
this horrible experience. Stay away!" Source
1/13/2014 "Worst Insurance company ever! I've been trying to cancel my plan for
a month now, but there is nobody to talk to... The phones are NEVER answered
(i probably spent a total of 10 hours holding on the phone), their call back system doesn't work
(the system calls me back, but there is nobody on the line), they do not reply to emails, or
letters, or fax... They changed my plan with the new year because of the health care reform,
and the new plan they put me on is more expensive than my previous one, but covers less...
a lot less! and it is not a PPO anymore..."
They don't pay their doctors: .
"Horizon BCBS engages in deceptive practices:
1 I used their web site to determine what doctors were in my network.
2. I saw a doctor listed as being in my network.
3. The doctor sent them the bill.
4. They denied the claim because the doctor was not in my network.
5. I called and they told me the doctor was not in my network--while I was looking at their web screen telling me the doctor was in my network. Liars" (Source. )
"They are by far THE WORSE EXPERIENCE a person could have with health insurance. Customer service is terrible, coverage is terrible, out-of-network benefits are arbitrarily changed and rates are changed with no notice of any kind. The way this company conducts business is in no way helpful to clients and all they ever do is leave you with a headache, your problem unresolved, and bills not covered, which leads to an inability to obtain the services needed from the specialists needed because you are now broke from paying the out-of-network rate, the OFN deductible, and on top of that they only cover 70% of the bill." (Source. )
More of the Same
1/20/2014 Happy Martin Luther King Day.
Martin Luther King, Jr., was the only 35 when he received the Nobel Peace Prize.
He is still the youngest man ever to receiver it. He immediately turned over the
prize money of $54,123 to the American civil rights movement. In April 1968, at the
age of only 29, Doctor King was assassinated in Memphis while supporting striking
black sanitary public works employees. He sought to change the rules such as those
that allowed black street repairmen to receive pay for only two hours when they
were sent home because of bad weather, while white employees were paid for the full day.
By 1967, King understood that fighting racism also meant fighting war, poverty
and materialism. He understood that racism fostered the arrogance of power that
had enmeshed America into its War on Vietnam. He understood that extremes
of wealth and poverty fostered mistrust, violence and still more racism. King
confided to Harry Belefonte, What deeply troubles me now is that for all the steps
weve taken toward integration, Ive come to believe that we are integrating into a
How much good would come from getting Black folks fully integrated into
a power structure that promotes materialism and militarism? What much
would be the good if new well-off Black folks raised their kids to be indifferent
to the suffering of Poor people in America? Because of this, he started
a Poor People's Campaign to bring all the races together!
This the FBI and the Power Structure of the time could not tolerate. The Poor People's
Campaign wanted the federal government to prioritize helping the poor. There
should be a $30 billion anti-poverty package. It would include real commitment
to full employment. The Government would provide Public Works jobs to those
who needed them. There would be a guaranteed annual income. More decent,
low-income housing would be built. King demanded the ending of the war
overseas, 12000 miles away and the launching of a "bloodless war against
racism and poverty".
Hoover, the head of the FBI, considered him to be "under the influence of Communists"
and the FBI worked very actively for ten years to discredit him in many, many ways.
They spied and eavesdropped on him constantly. They spread lies everywhere.
They sought to entice him into extra-marital dalliances. And in this they wasted millions
of dollars of tax payers' money, all with the Presidential support of JFK and LBJ.
Hoover was too powerful and knew too much to be challenged by an American
President. Tomorrow I will listen hard to see if CNN mentions any of this.
No doubt King threatened many in power, for he had the ear of a hundred million
Americans when he started connecting the dots of racism, war, poverty and materialism.
These evils are not only self-perpetuating and mutually inter-linked.. In the case of
materialism, poverty and war, they are still spiraling around and around each other
faster and faster.
I think Dr. King would have understood very well the forces that caused
Congress last month not to vote the extension of unemployment benefits to
7 million long-term unemployed Americans, but were pleased to continue
allow billionaires and corporations to be taxed effectively at a lower rate than
most working people making $25,000 a year. No doubt Dr. King
would have condemned the use of his name in a national holiday if the
government was merely trying to make it seem that "his Dream" was
believed in by those who run America. Had he been allowed to live, he would
be relentlessly demanding an improvement in the living conditions for
the bottom tier in America at the expense of the very rich, instead of the
other way around, as has been the case since his death.
Share of Wealth held by the Top 1% in the
|Top 1 percent|
He would surely ask,
"Why must one seventh of the US population, 47 million people, live in
poverty so that 400 billionaires can have more wealth than half of the
entire population in the US?"
King's Populist Message Scared The Rich and Their Protectors.
"All of the arbitrary power and lawless tactics that had accumulated in the bureau
over the years were marshaled to destroy King's reputation and the movement
he led. The FBI relied on its vague authority to investigate "subversives" to spy
on King and SCLC; its vague authority to conduct warrantless wiretapping and
microphonic surveillance to tap and bug him; its secrecy to conduct covert
operations against him. The campaign began with his rise to leadership and
grew more vicious as he reached the height of his power; it continued even
after his assassination in 1968."
After Dr. King gave his famous "I have a Dream" speech, Americans everywhere listened
and millions applauded. The FBI saw him as the enemy. A memoranda to the director,
characterized his spech as "demagogic". The presence of "200" Communists among
the 250,000 marchers caused the FBI's Intelligence Division to state that it had
underestimated Communist efforts and influence on American Negroes and the
civil rights movement. King was singled out:
"He stands head and shoulders over all other Negro leaders put together
when it comes to influencing great masses of Negroes. We must mark him now . . .
as the most dangerous Negro of the future in this Nation from the standpoint of
Communism the Negro and national security."
Dr. King was awarded numerous honors in 1963. But the Hoover and the FBI
did not change their antagonistic view. They were determined to destroy his reputation
any way they could. See http://www.thirdworldtraveler.com/NSA/Vendetta_MLK_LS.html
Did The FBI have a hand in assassinating King?
From what I know personally of them, I think the FBI of that era was certainly stupid
enough to do something like this. They certainly saw that JFK could be assassinated
without anyone getting to the bottom of that plot and they may have decided to
it was very feasible. But who knows? I think the point is that we have a national
police/security/eaves-dropping/intelligence (sic) apparatus that puts itself above
the people everywhere we look. Certainly, Obama has done little to reign them in.
Websites That Suggest The FBI Was Part
of the Conspiracy That Killed Dr King.
See also http://en.wikipedia.org/wiki/Assassination_of_Martin_Luther_King,_Jr.
11/8/2013 Democrats and Republicans Keep Sending Manufacturing
Jobs Overseas to The Delight of Big Corporations and Wall Street.
If Obama gets his way, NAFTA will be augmented with SHAFTA.
Neither party talks about how international free trade is destroying the American worker.
The Economic Recovery consists mostly of low paying jobs. Manufacturing jobs are
still being sent overseas. The evidence shows that Obama has quietly betrayed all the Union
workers who campaigned for him. The Democrats just love all those campaign contributions
from Wall Street "fat cats" and will do nothing to jeopardaize them. More than 5 million
manufacturing jobs have disappeared since 2000. 2.7 million were lost to China. Lots could
be done, but Obama proposes absolutely nothing! No wonder Wall Street keeps rising
and Main Street USA continues to suffer. Income and Wealth inequality have never been
greater. The numbers are worse now than in 1907 or in 1928 before severe stock market
Decline in U.S. Manufacturing Jobs,
Feb. 2013 to Sept. 2013
All Employees in Manufacturing
10/11/2013 Republicans Finally Denounce Tea Party Extremeism
Up Goes The Stock Market
Who did Speaker Boehner finally listen to? The Koch Brothers, National
Retail Association, National Federation of Inependent Businesses,
US Chamber of Commerce, American Bankers Association and Wall Street.
In unison, all these major sources of Republicans funding have denounced
the Tea Party effort to shut down the government. Only when they all started
yelling at him, did the spineless Boehner agree to end the threat to shut down
the government. Within a day, all sorts of other Republicans themselves then started
to denounc the Tea Party terrorists. Why? Because polls show Republican
approval ratings have now dropped below 25%. Wall Street Journal/NBC gives
Republicans a 24% approval rating.
New 10/9/2013 Tea Party Desperation Is Making
The Tea-Party Ideologes Do Dangerous and Crazy Things.
They know they are fighting Demographic trends. In 10 years
they will be an insignificant minority. And they know they
are alienating more and more of their own people with their
fire-brand extremeism. This may be their last chance.
New 10/8/2013 Tea-Party Terrorists Now Threaten America
Just as Did Many of Their Ancestors in 1860.
Stop Them Now. Do Not Assume They Do Not Mean
What They Say. That Is how The American Civil War Started.
They Are A Minority of racist, hot-head Extortionists, anti-democratic, would-be
Secessionists. Not for nothing are they called "Neo-Confederates". They hate
the 14th Amendment's egalitarianism. They place their "peculiar" version of
"property rights" above "human rights". And also just like the Slave-Owners
who fired on Fort Sumter and started the American Civil War that caused 600,000
young men to die, they saw their world was in rapid economic and political decline,
so they were desperate and did not care who they hurt.
Especially Abraham Lincoln Republicans should call this minority, the
Neo-Confederate faction in the House of Repesentatives exactly what they are.
They are "terrorists". Instead, the commercial media celebrates their "boldness"
and "their spirit of independence". They are lionized and their "books" promoted.
Is this is another attempr at starting a new Civil War, at destroying the American
Federal Government of wrecking the Economy. Just as after the Civil War,
when ex-slave-owners who fought the Union Army, were required to sign
loyalty oaths and not allowed to run for public office, limits should now
be imposed. The 14th Amendment explicitly requires House members
to work to ensure that all US Government debts are paid in full. Instead,
the Tea Party faction threatens to stop the US Government and bring
about "Default" if they do not get their way, this time - that ObamaCare,
the law of the land must be delayed by a year or they will put the US in default
of its debts. This is the Confederate's doctrine of nullification all over again.
Always the Supreme Court has rejected it.
We cannot ignore their threat. It must be exposed and prevented. They are not
men of "good will" who modestly only seek to improve laws. They threaten the
"good faith and credit" of the entire country. It seems they seek to destroy the
US every bit as much as the Slave-Owners in Charleston did in 1861.
They are terrorists who threaten the economic and political security of each
American citizen. They pose a deadly threat to the entire World Economy, too.
Do not the disasters they now threaten us with justify full force
FBI counter-terrorism measures against them if they persist?.
New 10/3/2013 The Tea Party's Dirty Little Secret
"Actually, it was Republican Presidents That Created Most of The National Debt."
Cheney boasted "deficits do not matter". Bush knew if they squandered
the national Treasury, they could always just blame the Democrats
and the Commercial Media would let them get away with the lie.
See Tiger Blog 3/1/2008
"Cheney's Buds Have Robbed The US Treasury Dry."
New 10/2/2013 Meet Mr. GerryMander
John Boehner's House District Is Typical, but Hardly Exceptional.
"It looks like a fire-hydrant with a wrench sticking out". It carefully avoids Dayton and the industrial
Cincinnati-Dayton corridor. The US Senate's composition is bad enough. How much longer can America
survive such flagrantly anti-urban, anti-working class, anti-consumer and anti-democratic government as
the House of Representatives show? Republican desperation lies at the heart of the ridiculous degree of
gerrymandering now of House seats. They are fighting many trends: demographics, urbanization and growing
class consciousness in a country whose middle class is dwindling...
Chronological Listing of Tiger Blogs on
The Real US Political Economy and Stock Market since 2007
Little Children Should Look Away. This Is Not A Pretty Picture.
This is not what they teach you in Civics Class, Social Studies or Sunday School.
Nearly everyone but Obama know that both Dems and Repubs are the puppets
of the big bankers. An extreme statement? The public comments about this
overwhelmingly reflect the same cynicism I feel.
Why Is The Class Divide So Wide?
The theme running through out most of the articles I've written here on
is the growing contrast and contradiction between the bleak economic
situation 100 million Americans ( "Main Street") are now in and the
plush Political Economy of Wall Street. Time Magazine has a timely lead
article this week that put it bluntly, "How Wall Street Won."
What exactly has Wall Street won under Obama? For starters, nearly all the income gains
since 2008 have gone to Wall Street and the highest corporate officials. These huge gains
did not go to Wall Street because they were smarter or more deserving. Hell, they
caused the ECONOMIC CRASH! They were given to them by public policy makers.
Here's my short list of the public policies since 2008 that made this possible.
Robert Reich has an appropriate essay: "Why The Idea of 'Free Market' Is Total BS."
Rolling Stone's Matt Taibbi's take on this is well worth reading, too.
The forces that have made this divide so wide are well-entrenched and
growing each the day. It was not always like this. Now the Super-rich
are parasites. They are consumed by Greed. They are Traitors. They
eagerly create jobs overseas. They pauperize Americans and then
they accuse workers who want more balance in society of waging
a "class war". But they, these same super-rich, accuse the poor who
work hard at two or three jobs of being "parasites" when they get food
stamps to feed their family because they are paid so little in their non-union,
non-benefit jobs. Congress is "the best that Big Money can buy". So is
the Presidency. So is the supine Supreme Court. So is the monopolized
mass media. "Where is a poor boy to turn?"- that's a very good question.
Once the stock market was a barometer of the national economy, Under
FDR, the rising stock market also meant the restoration of hope for a national
economic recovery for all Americans. Under Eisenhower, there was full employment,
decent wages, fair taxation and a rising stock market, too.
Things have markedly changed for the worse. Now the stock market
measures the degree of control that the super wealthy have over all of America.
But, it was not always - I emphasize - like this. Once a rising stock market
offered hope to millions and millions of Americans.
A Rising Stock Market Once Meant Good Times for All Americans
The "I Like IKE" Years Remembered.
(The next Blog)
Would Eisenhower be a Republican now? After the Korean War, from
1953 to 1960 the stock market boomed. But so did the middle class of America.
There were construction jobs aplenty. There were manufacturing jobs
for anyone. There were good unions who protected workers and made
sure the productivity gains were widely distributed. Taxes on the super
wealth's income was as high as 91% for income amounts over a million.
The government was not a "barren whore" as libertarians say, it built the
massive interstate highway system we use today. And still the stock
September 14, 1953 255.5
January 1, 1954 280.4
January 1, 1955 488.4
January 1, 1956 499.5
January 1, 1957 435.7 (Sputnik scare)
January 1, 1958 583.7
January 1, 1959 679.3 +128% rise in the DJI.
People have asked me to write a Daily Blog. They wanted
me to give them a thought or two each few day. About what?
They let me decide. As, I see it, a blog is a personal statement.
I will try to make it entertaining and relate it mostly to the
stock market and insider trading. As we look at the forces that
effect stock prices, we are immediately drawn into
"political economy", the study of choices governments make
based, upon their biases and the pressures brought to bear
on them. Many of these choices are very one-sided and
hurtful to the people I grew up with in the MidWest. Many
are highly offensive to my sense of compassion and honesty.
There are no "sacred cows" here. I do promise to try not to
belabor the obvious.
So, I hope these thoughts, reflections and finds are worth your time.
I will give you my best. In return, I ask that you ask me
first before you publish on the internet or elsewhere what
I offer here. Email me at email@example.com
About me and my 31 years's work, TigerSoft
The Real US Political Economy vs Wall Street's Stock Market
- American Income and Wealth Inequality are now much worse than in 1928.
- The wholesale exporting of US manufacturing jobs amounts to treason and should be considered criminal.
- Neither political party recognizes, much less has solutions to reverse, the decline in good paying manufacturing jobs.
- To blame the poor who are the victims of this failing economic and political system is hypocritical, arrogant and ignorant.
- The US Government wastes trillions on tragically misguided foreign wars and bases that should be used here at home..
- Sadly, Wall Street has been the best place to make a lot of money. Yet it produces little and causes these perverted priorities.
- The lack of regulation of Wall Street will surely produce another Bubble and Crash. So be prepared. Use TigerSoft.
Our Tiger Software will help you survive and thrive in this Wall Street dominated Economy.
Peerless Stock Market Timing: 1915-2013
TigerSoft Insider Trading Stock Charts
Tiger Power Ranker
William Schmidt's Nightly on-Line Hotline.
See www.tigersoft.com Contact firstname.lastname@example.org 858-273-5900 About Us
NEW 9/8/2013 Financial Parasitism:
>>> It Is Not Accidental that Wall Street Is Booming
while Main Street Is in Survival Mode.
HOW CAN THE STOCK MARKET KEEP RISING
WHILE MAIN STREET AMERICA IS IN DECLINE?
>>> Obama as Puppet of Wall Street
Populist Rhetoric notwithstanding,
Obama Does What Wall Street Tells Him To Do.
Despite all his populist rhetoric, for 4 1/2 years Obama and the FED have given
Wall Street nearly everything it wanted and wants. In return, Wall Street has
agreed to use its powerful computerized program trading tools to pump the
market up and limit the short selling they used in 2008 to drive the stock
market. The low trading volume shows this. Program trading by firms like
Goldman, JPMorgan and Bank of America (through Merrill Lynch) push prices
up and up.
Because the public is absolutely traumatized, mistrustful and dangerously
pauperized, they have mostly avoided the stock market until 2013, just in
time for what may be a market top after rising 55 months!
The public and some institutions have have not appreciated the power of computerized
Wall Street manipulation of prices upward backed up by Fed guarantees that
interest rates will stay low. These Wall Street big bank traders are safely
backstopped AND also bankrolled by the U.S. FED. And Obama does not challenge them.
There is no Administrative drive to limit the power of the Big Banks, to break
them up, to tax their computerized trading or their millions and millions in
President Obama has recklessly and cynically gambled that a rising stock
market will eventually inflate the wealthy's bank accounts so much
that they will start spending their profits and that will boost business
and job creation. Because so much money goes into hyper-specualtion
and goes overseas, Obama's trickle-down gamble is not paying off. The
new jobs in the US are not good-paying manufacturing jobs. they are
mostly very low paying, non-union services jobs in places like Walmart
and in fast-food restaurants. Without good jobs, 100 million Americans
are poor consumers. Without a big consumer base, corporations have
one more reason to invest overseas. There is no loyalty on Wall Street
or among most big corporations to America. At the same time, the Wall
Street bubble of speculation and over-production will eventually crash
the stock market.
Tiger Blogs on this subject:
Professionals Now Rig Stock Prices Upwards with Extra Fed Help
April 9, 2010 The Power Elite's Biggest Gamble of All. They Cannot Afford to Lose.
That's Why The Market Looks Like It Will Keep Rallying.
April 4, 2010 Why The Stock Market Keeps Rallying:
The Secret Deal Obama, The Fed and Wall Street Have Reached.
April 9, 2009 Goldman Sachs Is "The GREED CONNECTION" between Wall Street and
April 25, 2009 Massive Federal Reserve Fraud and Corruption Story Breaking..
Bernanke Covers Up Hundreds of Billions of Dollars in Losses
from Bad Loans The Fed Made To Banks Using Toxic Collateral.
March 23, 2009 Monopoly Finance Obama Obama's Biggest Wall Street Contributors Fleeced
Shareholders on The Way Down And Now Will Fleece Taxpayers on The Way Up.
March 25, 2009 Why Is The Stock Market Rallying? Wall Street Now Sees That Obama's
Populist Rhetoric Is Designed To Fool The Angry Public Obama Is Signaling Wall Street
He Will Protect Them
WALL STREET'S PLAYING FIELD
The stock market is where the rich make their money. Make some yourself.
But first learn how to watch the insiders from TigerSoft. It's not so difiicult.
See how easy it is to spot the difference between stocks likely to rise from those
about to fall.
Tiger two proprietary internal strength indicators show you this.
1) The Tiger Accumulation Index lets you see what insiders
are doing in any given stock. Buy what they buy. Sell what they sell.
2) The Tiger Closing Power shows you whether Wall Street
Professionals are new buyers or sellers. Trade with them!
Examples: Both of the charts below were from 7/19/2013. Both were recommended
on our nightly Hotline, one as a buy and one as a short sale.
You can readily spot the stocks Insiders are heavily buying and heavily selling
just like we do. Each day contrast the best, like AFPC with the worst,
like SQM . The results are often amazing. Just as there are two
economies, there are two Wall Streets.
7/19* 7/31 8/19 9/4
APFC 33.74 36.37 44.18 50.93
SQM 38.2 28.96 27.03 26.96
Bullish Looking Stock - AFPC
Bearish Looking SQM - Short the Confirmed Breakdowns
The stock market is still the best
place to supplement your iincome
and to build a retirement fund. But you really must learn how to navigate
through its pitfalls and traps for average investors. We can help you a lot.
FOR SAFER, MORE PROFITABLE STOCK MARKET
INVESTING AND TRADING, TURN TO TIGERSOFT.
We've been serving investors large and small since 1981.
Insider Trading in Stocks is Rampant:
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31 Years of Automatic Peerless General Market Buys and Sells applied to SP-500 Stocks
Back to Home Page - www.tigersoft.com
Peerless Stock Market Timing: 1915-2008,
TigerSoft Insider Watch Software
and TigerSoft Automatic Buys And Sells.
Insider Trading in Stocks Is Rampant,
How TigerSoft Spots Key Unofficial Insider and Professionals' Trading
Become An Insider Trading Bounty Hunter
Make Big Money!
Use TigerSoft Insider Trading Charts to Level The Play FIeld,
Daily Trading Oppprtunities Using TigerSoft
The Trading Opportunities in The New Merger Mania
TigerSoft's Measures of Insider and Professional Buying
have been Bullish since March 2009.
Our understanding of American Political Economy has exactly matched and explained
the Stock Market's Bullishness since March 2009. Our Peerless Stock Marker Timing: 1915-2011
has caused us to be very bullish since March 2009, while many others held back and called for
another market collapse. They needed to :
1) Use Peerless and see the many buy signals since March 2009,
2) Watch Tiger's Professional and Insider Buy Indicators which have all been very bullish,
3) Understand the reality of American Plutocracy now.
DJIA and Peerless Buy and Sells 2009