Archive for December 15th, 2013

The truth is that we pay more for services from private companies than we do from government. The Social Security Administration has a less than 1 percent overhead cost. Medicare is less than three percent. Virtually all the health insurance companies have overheads of 20-30 percent. For all of its so-called inefficiencies, such as $10,000 toilet seats, the US military is far more cost effective than Halliburton or any other corporation that provides mercenaries for the US government.

The politicians of the corrupt US government love using mercenaries because they’re called “contractors,” as if these rifle wielding private soldiers are building houses. The corrupt US propaganda machine, erroneously called the news media, go along with this scam. In this way, US military casualties are limited in their quest for oil and other profits on behalf of US based corporations, which sponsor and corrupt the politicians of the US government, such as Wall Street Senator Ron Wyden.

In the meantime, Halliburton’s stock price rises with a steady stream of taxpayer money for massively overpriced employees and CEOs. That’s the game; redistributing income to keep stock prices higher.

The US stock and bond markets would have collapses to nothingness back in 2008 had it not been for these kinds of scams perpetrated on the US public.

Check out the link below for more on these income transfers and government and corporate corruption.


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