US Healthcare System Wastes $800 Billion a Year

(NaturalNews) The U.S. healthcare system loses between $505 and $850 billion a year to mistakes, inefficiency and fraud, according to a report by Thomson Reuters. This amounts to one-third of all national healthcare spending. “America’s healthcare system is indeed hemorrhaging billions of dollars,” the report says. According to the report, unnecessary medical procedures and treatments — including antibiotic overuse and superfluous tests — account for 37 percent of all wasted spending, $200 to $300 billion per year. Fraud — including false Medicare claims and kickbacks for referrals or prescriptions — accounts for another 22 percent, as much as $200 billion a year. Medical errors are responsible for 11 percent of excess spending, or $50 to $100 billion yearly. Preventable health problems, such as diabetes, cost the healthcare system $30 to $50 billion per year. One of the easiest areas to repair might be administrative inefficiency, which accounts for a full 18 percent of medical overspending. “The average U.S. hospital spends one-quarter of its budget on billing and …

US Federal Reserve Dealing in Magic and Secrets

Fed makes money out of thin air to solve deflation with inflation, credit crisis continues, frustrations with politicians, not healthy to have over 3 trillion in t-bills held in foreign hands, Fed fights audit legislation, Threats to the Eurozone…

2nd Mistrial for “National Security Intelligence” Asset Hal Turner

BusinessWeek | A New York judge has declared a second mistrial in the case against a New Jersey blogger charged with threatening federal judges.

Chefs Call Proposed New York Salt Ban ‘Absurd’

MyFox New York | The legislation, which Assemblyman Felix Ortiz , D-Brooklyn, introduced on March 5, would fine restaurants $1,000 for each violation.

USA Today Defends Michael Mann on Front Page, Misrepresents Climategate

Michael Mann By Noel Sheppard USA Today on Thursday devoted a front page story to defending one of the key scientists involved in November’s ClimateGate scandal. In a piece entitled “ Questions about research slow climate change efforts ,” author Brian Winter — oh the irony! — omitted important information about Penn State University’s controversial global warming alarmist Michael Mann while downplaying the seriousness of the e-mail messages at the heart of the matter. The main article also dishonestly ignored how Mann is being investigated by his own university concerning his involvement in the scandal, and actually NEVER even mentioned the scientist’s infamous “Hockey Stick” graph that has been widely discredited by climatologists and meteorologists around the world. Instead of a fair and balanced treatment of Mann and issues related to his view of anthropogenic global warming, readers were unfortunately presented with a grossly one-sided and disingenuous report evident in the

Gerald Celente : The Financial Con men are in control of Wall street

Gerald Celente: It is the Greatest Bank Robbery in world History and the Banks are doing the robbing A new report on Lehman Brothers says the bank was hiding billions of dollars in debt right before the financial crisis. Is this an indicator of widespread corruption in the United States financial sector? Is Wall Street getting away with even more shady practices? The money junkies are in control of Wall Street they will do anything to anybody to keep their fix going , they white washed the language for public consumption , Justice should be spelled

Mexican Military Crosses US Border

March 12, 2010 InfoWars By Paul Joseph Watson While the U.S. government and federal authorities busy themselves targeting American citizens as domestic terrorists, it seems they couldn’t care less about the fact that the military of a foreign power is flying around American airspace with wanton abandon. Residents of Falcon Heights, a south Texas border town, saw a Mexican

Flashback: U.S. Sold Black Hawk Helicopters to Mexico

The Daily Telegraph | The announcement came as she admitted that America’s “insatiable demand” for illegal drugs is to blame for much of the violence engulfing Mexico.

Why Bibi Humiliated Biden

The Daily Beast | Right-wing governments in Israel have regularly embarrassed high-level U.S. officials by making announcements about new settlement activity during or just after their visits.

Homeland Security Unveils Mobile Mind Screening Checkpoints

You Tube | Homeland Security explains its partnership with an array of firms for a new screening checkpoint system.

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