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S.J. Kerrigan

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The Healthcare Industry is Doomed to Collapse

By S.J. Kerrigan | Published: June 27, 2012

Indeed it is and it will take with it any sucker foolish enough to enter the industry. Like the housing bubble and the dot-com boom, its collapse goes against all conventional and establishment thinking, but it’s an easy call to make if you examine the evidence.

At first, the industry looks healthy, robust and likely to expand well into the future. According to a recent report by Georgetown University, healthcare demand is expected to grow twice as fast as the rest of the economy. They predict jobs in the industry will make up 13 percent of all jobs in the US. They say the government will spend one out of every five dollars on healthcare. The study says much of the growth will come from robust demand from aging Baby Boomers.

You can hear it now. “That’s quite a growth trend! Why, I should tell my son or daughter about this so they can run head first into this high paying industry!” There’s only one problem with the school’s analysis. It’s a fiction based on erroneous projections.  Read More »

Posted in News | Tagged Financial Crisis, Healthcare | Leave a comment

Justice In America is a Farce

By S.J. Kerrigan | Published: June 18, 2012

Finally, our long national nightmare is over. The government brought charges, submitted its case to the people, and the people decided. Baseball player Roger Clemens has been acquitted of perjury for allegedly lying to congress when asked about using performance enhancing drugs.

Of course, no amount of press fanfare should be spared for such a monumental story. As of the time of this writing, the verdict holds the top spot on websites of every major newspaper, and why not? There’s clearly nothing else going on, at least nothing worth discussing.

I’m being facetious of course, but the real parody is our government, which spares no expense to charge and try citizens for lying to the government, while they simultaneously lie to us every single day — and yes, it is illegal for a government official to knowingly lie to you. Under the False Statement Statute (Title 18, Section 1001) any member of the executive, judicial or legislative branches of government can be criminally charged for knowingly making false statements. If convicted, they can serve up to 8 years in prison or pay a fine of up to $10,000.  Read More »

Posted in Opinion | Tagged Banks, Justice System, Law Enforcement, Social Criticism | Leave a comment

States Hand Over Tax Refund Management to JP Morgan

By S.J. Kerrigan | Published: May 29, 2012

Just weeks before it was revealed JP Morgan Chase lost billions in “hedge” trading and speculation, it was announced that the bank has a new deal with Connecticut, Louisiana and other states to financialize their tax returns.

Instead of residents receiving a tax refund check directly from the government, they will be required to accept payment via Chase debit cards. Not only will JP Morgan now have access to residents’ refunds (which they will be able to treat like any deposit, lending it out and creating leverage) but they will also be able to collect some fees on those deposits. Read More »

Posted in News | Leave a comment

A Gun to Literally Silence Speech

By S.J. Kerrigan | Published: May 29, 2012

A report recently published by two Japanese scientists describes the effects of a new invention they call a “speech jammer.” When directed at a person speaking, it confuses the subjects brain, quickly causing him or her to fall silent. In essence, the device literally silences speech.  Read More »

Posted in News | Tagged Law Enforcement | 1 Response

They Tell Us “See Something, Say Something.” Well, I See Something

By S.J. Kerrigan | Published: May 24, 2012

The Department of Homeland Security regularly warns us to be aware of our surroundings and to watch for suspicious activity. They also warn us to watch for actions that may look harmless, but might also be  a symptom of a more serious threat.

Some of us wonder if being so suspicious of our fellow citizens is a good thing, but I say the price of freedom is eternal vigilance and we should be ready to make judgments when we see dangerous activity. So let me take this opportunity to tell you what I see.

Read More »

Posted in Opinion | Tagged Imperial Presidency, Justice System, Law Enforcement, NDAA, Privatization, Regulation, Whistleblowers | 1 Response

Word of the Decade: Unsustainability

By S.J. Kerrigan | Published: May 22, 2012

If there is any one word that will define the next 5 years, I would argue that it is “sustainability” or more specifically, “unsustainability.” We are going to be repeatedly forced into discussing this because like it or not, much of what we do is unsustainable.

Our society is in denial.  We look at big trends and can’t imagine they will suddenly collapse overnight. The establishment likes to feed into these illusions.  Try and remember if you’ve heard any of these arguments before:

“Buying land is a great investment. They aren’t making it anymore. The housing market is going to come back.”

“Healthcare is a safe and growing field because of all the Baby Boomers. Go to nursing school.”

“If you want to get rich, go into finance. Go work for an investment bank.”

On the surface, all of these industries look to be doing quite well. The housing market has stopped plunging. Jobs in healthcare and finance are plentiful and high paying, but even though it looks like smooth sailing, we’ve already hit the iceberg.  Read More »

Posted in Opinion | Tagged Financial Crisis, Healthcare | Leave a comment

Slouching Towards Nuremberg? By Morris Berman

By S.J. Kerrigan | Published: May 9, 2012

This is a repost from the blog of author and social critic Morris Berman, originally published in May of 2012. Here he talks about the creeping totalitarian state that is slowly acclimating us to having few if any rights. Considering our recent post on the pervasiveness of police strip searches, it seemed worthy of a repost here.

Berman is the author of Why America Failed: The Roots of Imperial Decline and Twilight of American Culture. Visit his blog here.

——————————————

America’s Descent Into Darkness; Slouching Towards Nuremberg?

by MORRIS BERMAN

Strange things are happening in the United States these days, and every day seems to bring additional scary news.  The similarity to the erosion of civil liberties in Germany during the 1930s is a bit too close for comfort. Many will regard this statement as hyperbole, and, to some extent, it is. But let’s take a close look at what is going on before we dismiss the comparison out of hand.  Read More »

Posted in Reposts | Tagged Justice System, Law Enforcement, NDAA, Social Criticism | Leave a comment

Who Really Writes the Media Narrative, Reporters or the White House?

By S.J. Kerrigan | Published: May 8, 2012

Pulitzer prize winning journalist David Ignatius recently penned an article in the Washington Post titled, An Economic Boom Ahead?, in which he suggest that much of the recent worry over the economy is misplaced and that the coming years may see significant financial gains. He notes that the US is nearing a “tipping point” where it will be more economical for companies to “reshore” factories back to America.

To support his argument, Ignatius cites a study by Boston Consulting Group (an elite insider company if there ever was one, with former and current employees including Mitt Romney and Benjamin Netanyahu). What exactly is this “tipping point” they describe? What change has suddenly allowed American labor to become competitive again? Ignatius doesn’t say and neither does the Boston Consulting Group’s memo he references, but reading between the lines it’s obvious Ignatius is talking about the fall of real American wages over the last few years and decades. It’s a stupid argument, but this line of reasoning sounded familiar to us, so we began to think, where have we heard it before? Read More »

Posted in Opinion | Tagged Inflation, Media | 2 Responses

Why I No Longer Watch Television

By S.J. Kerrigan | Published: May 5, 2012

When I first began telling people I don’t watch television, the reaction was amusing. They reacted with surprise, as though it were an extreme lifestyle choice. Their skeptical reaction was greater than if I had announced a plan to give up soda or meat. In one instance someone actually asked, “If you don’t watch television, then what do you do?”

The answer, insulting as it may sound, is simple. I don’t imagine living like fictional characters on television. I don’t respond to the constant desire for new gadgets or things I supposedly “need.” It sounds elitist and self righteous, I know, but now I spend more time thinking in one day than I did in several as a TV addicted child, even when I had seven hours of schoolwork on weekdays.

Television isn’t just another point in the pantheon of mediums. It’s fundamentally different than books, radio, and even movies, which are superficially similar, but relatively short. Few people watch two or three movies at a time, and certainly not very often.

Granted, I’m not the first person to argue that a new method of communication was dangerous. Socrates and Plato hated the alphabet and books because, to them, they represented the death of socialization as the primary tool for learning. Plato wrote:  Read More »

Posted in Opinion | Tagged Media, Social Criticism | 1 Response

Bloomberg: Cut Social Security and Food Stamps to Help Economy

By S.J. Kerrigan | Published: April 26, 2012

A while back, we were jumping up and down about the government’s attempts to implement the use of a “chained-CPI.” If implemented, it would lower the government’s measure of inflation and reduce cost to Social Security, Food Stamps and other payments that are regularly adjusted for inflation.

Sure, it’s a bit technical, but in other words, it would save the government about $300 billion over 10 years by taking money directly from America’s weakest and poorest groups. Some conservatives noted that the change would also shift tax brackets, effectively pushing people into a higher bracket and requiring they pay a higher tax. Furthermore, it would be regressive, falling much more heavily on the poor.  Read More »

Posted in Opinion | Tagged Chained-CPI, Inflation | Leave a comment
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