"There are two sorts of wealth-getting, as I have said; one is a part of household management, the other is retail trade: the former necessary and honorable, while that which consists in exchange is justly censured; for it is unnatural, and a mode by which men gain from one another. The most hated sort, and with the greatest reason, is usury, which makes a gain out of money itself, and not from the natural object of it. For money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of modes of getting wealth this is the most unnatural."

- Politics, Aristotle, 350 B.C.

"The Jew alone regards his race as superior to humanity, and looks forward not to its ultimate union with other races, but to its triumph over them all and to its final ascendancy under the leadership of a tribal Messiah."

- Goldwin Smith, The Jewish Question, October 1881

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men.”

- President Woodrow Wilson 1916

“We are grateful to the Washington Post, The New York Times, Time Magazine and other great publications whose directors have attended our meetings and respected their promises of discretion for almost forty years. It would have been impossible for us to develop our plan for the world if we had been subjected to the lights of publicity during those years. But, the world is now more sophisticated and prepared to march towards a world government. The supranational sovereignty of an intellectual elite and world bankers is surely preferable to the national auto-determination practiced in past centuries.”

- David Rockefeller, Baden-Baden, Germany 1991

“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”

- Henry Ford 

“The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson.”

- Franklin D. Roosevelt, letter to Col. House, November 21, l933

“One of the least understood strategies of the world revolution now moving rapidly toward its goal is the use of mind control as a major means of obtaining the consent of the people who will be subjects of the New World Order.”

- The National Educator, K.M. Heaton

"We Jews, we, the destroyers, will remain the destroyers for ever. Nothing that you will do will meet our needs and demands. We will for ever destroy because we need a world of our own, a God-world, which it is not in your nature to build."

- Maurice Samuels, You Gentiles, 1924

“We are on the verge of a global transformation. All we need is the right major crisis and the nations will accept the New World Order.”

- David Rockefeller 

“Today, America would be outraged if U.N. troops entered Los Angeles to restore order. Tomorrow they will be grateful! This is especially true if they were told that there were an outside threat from beyond, whether real or promulgated, that threatened our very existence. It is then that all peoples of the world will plead to deliver them from this evil. The one thing every man fears is the unknown. When presented with this scenario, individual rights will be willingly relinquished for the guarantee of their well-being granted to them by the World Government.”

- Dr. Henry Kissinger, Bilderberger Conference, Evians, France, 1991

How to Think Clearly

"Never argue with stupid people. They will drag you down to their level and then beat you with experience." –Mark Twain

If you want to begin to understand and appreciate the work of Mike Stathis, from his market forecasts and securities analysis to his political and economic analysis, you will first need to learn how to think clearly. For many, this will be a cleansing process that could take quite a long time to complete depending on each individual.

The best way to begin to clear your mind is to first move forward with this series of steps:

1. GET RID OF YOUR TV SET (at least cancel your cable)


3. DO NOT USE A "SMART PHONE" (or at least do not use your phone to access the internet)


The cleansing process will take time but you can hasten the process by being proactive in exercising your mind.

You should also be aware of a very common behavior exhibited by humans who have been exposed to the various aspects of modern society. This behavior occurs when an individual overestimates his abilities and knowledge, while underestimating his weaknesses and lack of understanding. This behavior has been coined the "Dunning-Kruger Effect" after to sociologists who described it in a research publication. See here.

Many people today think they are virtual experts on every topic they regard with relevance. The reason for this illusory behavior is because these individuals typically allow themselves to become brainwashed by various media outlets. The more information these individuals obtain on these topics from the media, the more qualified they feel they are in these subjects, without realizing that the media is not a valid source with which to use for understanding something. The media always has bias and can never be relied on to represent the full truth.

A perfect example of the Dunning-Kruger Effect can be seen with many individuals who listen to talk radio shows. These shows are politically biased and consist of individuals who resemble used car salesmen more than intellectuals. These talking heads brainwash their audience with cherry-picked facts, misstatements and lies regarding relevant issues such as healthcare, immigration, Social Security, Medicaid, economics, science, and so forth. They also select guests for interview based on the agendas they wish to fulfill with their advertisers.

Once their audience has been indoctrinated by these propagandists, they feel qualified to discuss these topics on the same level as a real authority, without realizing that they obtained their understanding from individuals who are employed as professional liars and manipulators by the media.  Another good example of the Dunning-Kruger Effect can be seen upon examination of political pundits, stock market and economic analysts on TV.  They talk a good game because they are professional speakers. But once you examine their track record, it is clear that these individuals are largely wrong, but they have developed an inflated sense of expertise and knowledge on topics for which they continuously demonstrate their incompetence.

One of the most insightful analogies created to explain how things are often not what you see was Plato's Allegory of the Cave, from Book 7 of the Republic.

We highly recommend that you study this masterpiece in great detail so that you are better able to use logic and reason.Although we recommend you read and study The Allegory of the Cave, you can get a flavor for its meaning by watching the following video. 

If you can learn how to think like a philosopher, specifically one of the great ancient Greek philosophers, it is highly unlikely that you will ever be fooled by con artists like those who make ridiculous and unfounded claims in order to pump gold and silver, the typical get-rich-quick or multi-level marketing (MLM) crowd.

STOP Being Taken

“Beware of false prophets, which come to you in sheep's clothing, but inwardly they are ravening wolves.”

King James Bible - Matthew 7:15

"It's easier to fool people than to convince them that they have been fooled." –Mark Twain

All Viewpoints Are Not Created Equal Just because something is published in print, online or aired in the broadcast media does not make it accurate.  In fact, more often than not the larger the audience, the more likely the content is either inaccurate or slanted. The next time you read something about economics or investments, you should ask two main questions in order to assess the credibility of the source. Is the source biased in any way?   That is, do they have any agendas which would provide any type of benefit accounting for their views? Most individuals either sell ads on their site or are dealers of precious metals or securities. That means their views are biased and cannot be relied upon.

Is your source is credible?  

Most people associate credibility with name-recognition. But more often than not, name-recognition serves as a predictor of bias if not lack of credibility because the more a name is recognized, the more the individual has been plastered in the media. And every intelligent person knows that individuals who have been provided with media exposure because they are either naive or clueless. The media positions these types of individuals as “credible experts” in order to please its financial sponsors; Wall Street. 

Instead of name-recognition or media celebrity status, you must determine whether your source has relevant experience on Wall Street as opposed to being self-taught. But this is just a basic hurdle that in itself by no means ensures the source is competent or credible. More important, always examine the track record of your source in depth, looking for accuracy and specific forecasts rather than open-ended statements. You must also look for timing since a broken clock is always right once a day.  Finally, make sure they do not cherry-pick their best calls. Always examine their entire track record. 

“Beware of false prophets, which come to you in sheep's clothing, but inwardly they are ravening wolves.”

King James Bible - Matthew 7:15

The above questions require only slight modification for use in determining the credibility of sources that discuss other topics, such as politics, healthcare, etc.We have compiled the most extensive publication exposing hundreds of con men pertaining to the financial publishing and securities industry, although we also cover numerous con men in the media and other front groups since they are all associated in some way with each other. There is perhaps no one else in the world capable of shedding the full light on these con men other than Mike Stathis. Mike has been studying the indistry for well over a decade. Alhough he has published numerous articles and videos addressing this dark side of the industry, the entire collection can be found in our ENCYCLOPEDIA of Bozos, Hacks, Snake Oil Salesmen and Faux Heroes
At AVA Investment Analytics, we don't try to pump gold, silver or equities like many others you see because we are not promoters or marketers. And we do not receive any compensation whatsoever (including from ads) from our content. We provide individual investors, financial advisers, analysts and fund managers with world-class research, education and unique insight.

Media Lies

If you listen to the media, most likely it is costing you hundreds of thousands of dollars in lost money at minimum over the course of your lifetime. The deceit, lies and useless guidance from the financial media certainly is a large contributor of these losses to the sheep you pay attention.

But a good deal of lost wealth comes in the form of excessive consumerism which the media seeks to impose on its audience. You aren’t going to know that you’re being brainwashed or that you have lost $1 million or $2 million over your life time due to the media, but I can guarantee you that with rare exception this is the reality for those who are naïve enough to waste time on the media.

It gets worse. By listening to the media, you are likely to also suffer ill health effects through the lack of timely coverage of toxic prescription drugs or through the ridiculous medical shows, all of which are supportive of the medical-industrial complex.

And if you seek out the so-called "alternative media" you might make the mistake of relying on con men like Kevin Trudeau or Alex Jones. This could be a deadly decision. As bad as traditional media is, the so-called "alternative media" is even worse.

Why Does the Media Air Liars and Con Men?

The goal of the media is NOT to serve its audience because the audience does NOT pay the bills.

The goal of the media is to please its sponsors, or the companies that spend huge dollars buying ads, and in order for companies to justify these expenses, they need the media to represent their cause. The media does this by airing idiots and con men who mislead and confuse their audience.

By engaging in "journalistic fraud," the media steers its audience into the arms of its advertisers because the audience is now misled and confused, so in the case of the financial media, it seeks the assistance of Wall Street brokerage firms, mutual funds, insurance companies, precious metals dealers. This is why advertisers pay big money to be promoted in the financial media.

We see the same thing on a more obvious note in the so-called "alternative media," which is really a remanufactured version of the so-called "mainstream media." Do not be fooled. There is no such thing as the "alternative media." 

In order to be considered "media" you must have content that has widespread channels of distribution. Thus, all "media" is widely distributed and the same powers that control the distribution of the so-called "mainstream media" also control the distribution of the so-called "alternative media."

The claim that there is an "alternative media" is merely a sales pitch designed to capture the audience that has since given up on the "mainstream media."  The tactic is a very common one used by con men.

The same tactic is used by Washington to convince naive voters that there are meaningful differences between the nation's two political parties. In reality, both parties are essentially the same when it comes to issues that matter most (trade policy, healthcare and war). Anyone who tells you anything different simply isn't thinking straight.

On this site, we expose the lies and the liars in the media. We discuss and reveal the motives and track record of the media’s hand-selected charlatans with a focus on the financial media.  

Why Stathis Was Banned

No one has generated a more accurate track record in the investment markets over the past several years than Mike Stathis. Yet, the financial media wants nothing to do with Stathis.

You aren't even going to hear him on the radio being interviewed.

You aren't going to see him mentioned on any websites either.

You won't read or hear of his remarkable track record unless you read about it on this website or read his books.

You should be wondering why this might be. Some of you already know the answer.

The media has banned Mike Stathis because the trick is to air clowns so that the audience will be steered into the hands of the media's financial sponsors - Wall Street and gold dealers.

And as for the radio shows and websites that either don't know about Stathis or don't care to hear what he has to say, the fact is that they are so stupid that they assume those who are plastered in the media are credible. And since they haven't seen or heard Stathis in the media, even if they come across him, they automatically assume he's a nobody in the investment world simply because he has no media exposure.

Well, if media exposure was a testament to knowledge, credibility and excellent track records, Peter Schiff's clients would be a lot happier when they looked at their account balance.

Others only care about pitching what’s deemed as the “hot” topic because this sells ads in terms of more site visits or reads. This is why you come across so many websites based on doom and conspiratorial horse shit run by con artists looking to cash in on ads.

We have donated countless hours and huge sums of money towards the pursuit of exposing the con men, lies and fraud. We continue this mission but we cannot continue it forever without your assistance.

We have been banned by virtually every media platform in the U.S and every website (mainly because we expose the truth about gold and silver).

We have been banned from use of email marketing providers.

The fact is that the Jewish Mafia has declared war on us because we have exposed the realities of the U.S. government, Wall Street and corporate America.

Note that we only began discussing the role of Jews in criminality by 2009, three years AFTER we had been black-listed by the media, so no one can say that our criticism of the Jewish Mafia has led to being black-listed, not that it would even be acceptable.

You can talk about the Italian Mafia, and Jewish Hollywood can make 100s of movies about it...


We rely on you to help spread the word about us. Just remember this. We don’t have to do what we are doing.

We could do as everyone else and focus on making money. We are doing sacrificing everything because in this day and age, unfortunately, the truth is revolutionary. It is also critical in order to prevent the complete enslavement of world citizenry.   

Rules to Remember

On Exposure: No one who has significant exposure can be trusted because those who are responsible for permitting such exposure have allowed it for a very good reason, and that reason does not serve your best interests.

On Spotting Frauds: Whenever you wish to know whether someone can be trusted, always remember this golden rule..."a man is judged by the company he keeps."

This is a very important rule to remember because con men almost always belong to the same network.

You will see the same con artists referencing each other, on blog rolls and so forth.

  • How to Think Clearly
  • STOP Being Taken
  • Media Lies
  • Why Stathis Was Banned
  • Rules to Remember
  • X close

ObamaCare Spells DISASTER for Americans (Part 2)

In part 1, I discussed the illusions of America's democracy, and pointed to the media as a key player in the web of deceit that has fooled most Americans to think they live in a democracy. I also discussed the lobbyists' role in healthcare reform. 


Finally, I exposed the truth about the AMA. But there is a bit more about the AMA I plan to discuss in the future. In Part 2, I want to show you just how good U.S. healthcare is.

U.S. Healthcare: The Best in the World?
America’s healthcare system can be thought of as a healthcare syndicate, controlled by a handful of managed care, drug and device maker giants, offering very little competition while extracting exorbitant profits from people in need of medical attention.
Ever since the medical-industrial complex seized the industry, healthcare has become a very lucrative business in America, with investors, providers and caregivers looking to make as much profit as possible. In America, the practice of medicine has been transformed into the business of medicine. As a result, patients are often treated as customers.
For those who are convinced that America has the best healthcare system in the world, let me begin with a very simple question.
How can a nation claim to have the world’s best healthcare system when more than 15% of its citizens have no access to medical care?
Remember, a large portion of the healthcare system is comprised of public healthcare, which is supposed to cover the elderly and impoverished. So if the healthcare system is so great, how is it that over 40 million Americans have no access to medical care whatsoever?
Furthermore, how can such a nation spend more than twice the average as developed nations on healthcare, most of which comes from taxpayers and still leave over 40 million without coverage?
Doesn’t something seem wrong with that picture?
Okay, if you still have not been convinced that America does not have the world’s best healthcare system, I’d like to point to America’s relatively poor healthcare statistics.

Poor Health Statistics
Certainly, the United States has one of the most technologically advanced healthcare systems in the world. But the World Health Organization ranks the U.S. healthcare system thirty-seventh in the world in terms of quality, accessibility, cost and other critical factors.
America spends far more than every other nation in the world on healthcare, yet has poor health statistics. For instance, compared to 13 countries, the United States ranks an average of 12th for 16 healthcare indicators:
  • 13th (last) for low-birth-weight percentages
  • 13th for neonatal mortality and infant mortality overall
  • 11th for postneonatal mortality
  • 13th for years of potential life lost (excluding external causes)
  • 11th for life expectancy at 1 year for females, 12th for males
  • 10th for life expectancy at 15 years for females, 12th for males
  • 10th for life expectancy at 40 years for females, 9th for males
  • 7th for life expectancy at 65 years for females, 7th for males
  • 3rd for life expectancy at 80 years for females, 3rd for males
  • 10th for age-adjusted mortality
The median ranking for these indicators in order of best to worst was Japan, Sweden, Canada, France, Australia, Spain, Finland, the Netherlands, the United Kingdom, Denmark, Belgium, the United States, and Germany.
America spends a much higher percentage of GDP (2008 data is 18% GDP) on healthcare than every OECD nation, yet is sixth (or seventh, depending on the year) from the bottom in life expectancy.
America also spends 60% more than the second highest spender in the world, Switzerland (per GDP, 2008 data; more recent data points to France; not shown in figure below), but still has a much lower life expectancy.
Japanese citizens have the highest life expectancy of all developed nations with total healthcare expenditures at 8% of GDP. And of course, everyone is provided with affordable access to medical services.
South Korean nationals have the same life expectancy as Americans, but the Korean government spends less than one-half (6.8% of GDP, 2007 data OECD) of the amount spent in America on healthcare.

Myths about Low Life Expectancies
Critics of the relatively low life expectancies in the U.S. point to high rates of tobacco and alcohol use, as well as high-fat diets. But the evidence demonstrates this is clearly not the case. Let’s have a look at the data.
Smoking. According to Dr. Barbara Starfield, the proportion of females who smoke cigarettes ranges from 14% in Japan to 41% in Denmark. In the United States, only 24% of females smoke (fifth best). For males, the range is from 26% in Sweden to 61% in Japan. In the United States, only 28% of males smoke (third best). Despite much higher rates of smoking, these nations are amongst the healthiest in the world.
Alcohol. When compared to other developed nations, the U.S. ranks fifth highest for alcoholic beverage consumption.
Fat Consumption. The U.S. has a relatively low consumption of animal fats (fifth lowest in men aged 55 to 64 years in twenty industrialized countries) and the third lowest mean cholesterol concentrations among men aged 50 to 70 years among thirteen industrialized countries. However, America’s top obesity rate certainly plays a role in its poor life expectancies.

Medical Errors
So what’s the source of the relatively low life expectancies in the U.S. compared to other developed nations? Certainly there are a variety of factors, such as America’s obesity epidemic. However, obesity has become a global trend, and thus cannot account for the full magnitude of the disparities found in U.S. life expectancies.
It’s no secret that America has the world’s most expensive healthcare system. It’s also no secret that America’s healthcare system is the least accessible of all developed nations.
What may surprise you is that America leads the world in medical errors. No other developed nation comes remotely close to the number of medical errors per capita seen in the U.S.
Millions of medical errors in the U.S. not only waste billions of dollars, they also result a huge number of unnecessary deaths. This is just one of many problems most are unaware of.
Let’s examine the data.  
According to a study of medical literature compiled by Dr. Barbara Starfield of Johns Hopkins University, published in the Journal of the American Medical Association (2000),there is an estimated 225,000 annual deaths in U.S. hospitals due to iatrogenic causes not associated with recognizable medical error, as follows:
  • 12,000 deaths/year from unnecessary surgery
  • 7,000 deaths/year from medication errors in hospitals
  • 20,000 deaths/year from other errors in hospitals
  • 80,000 deaths/year from nosocomial infections in hospitals
  • 106,000 deaths/year from non-error, adverse effects of medications
This data only includes hospitalized patients. It does not include patients released from care or out-patient iatrogenic deaths. The data also do not include any negative effects related to disability or discomfort.
Thus, American physicians are the third leading cause of death in America at over 225,000, after heart disease and cancer, according to Starfield’s conservative estimates.
If one adds deaths due to recognizable medical error, this would add an additional estimated 44,000 to 98,000 to the total. As striking as these estimates are, they are lower than other studies such as that conducted by the Institute of Medicine in 2003.
Another analysis concluded that between 4% and 18% of consecutive patients experience negative effects in out-patient settings, with:
  • 116 million extra physician visits
  • 77 million extra prescriptions
  • 17 million emergency department visits
  • 8 million hospitalizations
  • 3 million long-term admissions
  • 199,000 additional deaths
  • $77 billion in extra costs
Other studies estimate that 20% to 30% of patients receive inappropriate care, contributing to medical waste and unnecessary morbidity and mortality.
As one of the most comprehensive studies ever performed, Drs. Null, Dean, Feldman, Rasio, and Smith examined thousands of research results from numerous peer-reviewed medical journals seeking to obtain a realistic picture of excessive medical cost, morbidity and mortality in the U.S. healthcare system.
The results of this massive effort were beyond shocking ( The researchers showed that 783,936 Americans die every year from conventional medical mistakes, costing a minimum of $282 billion on deaths due to medical mistakes and iatrogenic deaths. To put this into perspective, recall that 60,000 Americans died during the entire in the Vietnam War, which lasted many years. 
This report mentions that the actual number of medical mistakes is likely to be much higher due to under-reporting by doctors who fear legal backlash. Some of the results of this study were:
  • 2.2 million patients with in-hospital, adverse drug reactions due to prescribed medications
  • 20 million unnecessary antibiotics prescriptions issued each year for viral infections (according to Dr. Richard Besser of the CDC in 1995). In 2003, Dr. Besser stated that number to be in the tens of millions.
  • 7.5 million unnecessary medical and surgical procedures performed annually
  • 8.9 million people exposed to unnecessary hospitalizations each year 
  • The total number of iatrogenic deaths each year in the U.S. is 783,936

According to this study, the American medical system is the leading cause of death and injury in the United States due to iatrogenic causes, or that due to physicians.
According to Null at el, only between 5-20% of iatrogenic acts are ever reported. If full reporting occurred, the annual iatrogenic death rate would be much higher than 783,936. The authors note the numbers could be even higher if other studies were used; up to nearly 1 million iatrogenic deaths each year in America, or the equivalent of 6 jumbo jets crashing each and every day.
The projected statistic of 7.8 million iatrogenic deaths by Null et al is more than all casualties from wars that America has fought in its entire history. 
These projected figures show that a total of 164 million Americans, approximately 56% of the population of the United States, have been treated unnecessarily - nearly 50,000 people per day.

Paying for Universal Care and Not Getting It
As medical costs continue to spiral out of control, it has become critical to scrutinize what Americans receive for each healthcare dollar. Americans have been led to believe that the high expense of healthcare is worth the price in exchange for higher quality. As the data shows, the higher quality is not there; only higher prices.
The U.S. government spends a similar amount on public healthcare (6.5% of GDP, 2007 data, Medicare and Medicaid, but not counting employer and employee deductions) as S. Korea, but only provides partial insurance for about ninety-one million Americans, or 28% of the population via Medicare and Medicaid. In contrast, South Korea provides full healthcare for all of its citizens.
In other words, U.S. taxpayers already pay for universal healthcare without receiving the benefits. As most are aware, America is the only member of the OECD (an organization of developed nations) without a national healthcare program. This has already resulted in major challenges for the U.S. economy because it has established an unfair playing field for global trade.
Despite spending much more than even the world’s second largest spender on healthcare, while leaving more than 40 million Americans without medical access, this massive amount of money is not spent wisely.
Americans receive the least amount of medical services per dollar spent in the developed world. Much of this inefficiency is due to massive profits extorted by HMO and drug industry giants. They have created virtual monopolies and are able to raise prices at will because they have bought off state and federal politicians.

Overall, a good portion of each healthcare dollar spent in America goes to support healthcare parasites that have grown so large they now feed off of healthcare more than they support it.
Furthermore, much of the money earmarked for public healthcare is siphoned off by the private system through excessive drug prices, which are far more expensive in America than anywhere else in the world. America is the only nation on earth that has no price limits on drug prices. As a result, Americans pay far more for prescription drugs than the rest of the world. This means Americans are actually subsidizing the cost of drugs to the rest of the world, despite the fact that most prescription drugs are developed by U.S. biopharmaceutical companies.
The time has come for Americans to ask what they are getting for their healthcare dollar, where all of the money is going, and why costs are permitted to soar without any price controls or real competition.
It is time to ask why industry profits reach new records while clinical outcomes barely budge.
Americans must ask what kind of value they are getting for these excessive costs.
Where is the free market competition?
Where is the performance?
What is America’s healthcare benefit per dollar, and how does it compare to its peers?
For several years, healthcare costs have been rising disproportionately with respect to economic growth, and without a commensurate increase in quality.
Across the board, while quality is increasing at a per annum rate of 2.8%, total medical costs are rising by 8%. As a result, healthcare continues to consume more of the economy at the expense of other industries. 
As data reveals, taxpayers already spend enough money for a universal healthcare system. After paying for 59.8% of total healthcare expenditures of $2.2 trillion, taxpayers fund more than $1.3 trillion in healthcare expenditures, or more than 10% of GDP – enough for universal healthcare. In return, Americans receive very little per healthcare dollar.
So where is all of this excess money going?

Much of it is wasted through excessive and unnecessary medical services; a good amount goes towards fraud and bureaucracy. The Congressional Budget Office estimates that $700 billion (nearly one-third of total health expenditures) is spent each year on treatments that have not been shown to improve patient care. 
Additional waste can be found in administrative costs. U.S. healthcare system spends six times more per capita on administration than Western European nations. Surely, there is a great deal of room to improve cost efficiency.
And we certainly cannot forget one of the main sources of private healthcare revenues; fraud. According to conservative estimates, more than $60 billion is defrauded in Medicare each year alone. Several government and law enforcement agencies place healthcare fraud estimates as high as 10% of the total annual spending. Other experts have estimated Medicare fraud as high as $220 billion annually, accounting for half of annual Medicare expenditures.
The remainder of excessive healthcare costs goes to boost profits of the private healthcare system through excessive fees and administrative waste.

Why So Many Have Been Misled

America’s healthcare system is clearly the world’s most costly, but is by no means the best. In fact, it is the least accessible healthcare system in the developed world, and accounts for far more medical errors than any other healthcare system in the world. The high rate of medical errors and low accessibility are thought to account for a primary source of mediocre results.

Yet, many Americans continue to insist that they have the world’s best healthcare system, despite compelling evidence to the contrary. In support of these claims, many point to the large number of foreigners who come to America for medical treatment.

What they fail to realize is that foreigners often seek out U.S. hospitals for access to end-of-life procedures and the latest developmental therapies (many for rare conditions).

It is understandable that America has the most advanced therapies when you consider that its healthcare system is designed to spend, spend, and spend. That approach is often good for life-threatening and emergency treatments, but bad for the remainder of healthcare.

Having the best end-of-life medical care says very little about the quality of a healthcare system. In fact, it actually leads to lower quality because excessive spending creates inefficiency, which raises the cost of medical services for everyone. This prevents many from obtaining affordable access to medical care.

Without any doubt, America has the best trauma care and developmental therapies for diseases like leukemia and other relatively rare illnesses and procedures.

But your chances of contracting these diseases are miniscule compared to the likelihood of contracting the top five chronic diseases. According to the Centers for Disease Control, chronic disease is responsible for 70% of all deaths in the U.S. and 75% of all healthcare costs.

Thus, the entire population needs better access to preventative therapies and procedures so the onset and severity of chronic disease is delayed. And costs must not be prohibitive. Once healthcare strategy has been refocused along these lines, a tremendous amount of money will be saved while life expectancies improve. Medical efficiency will inherently increase access to medical services.

Washington must establish certain thresholds of basic medical care guaranteed to everyone. This would not necessarily be a system of universal care, but one of minimal care provided by a nation that calls itself the greatest on Earth.

Advocates of the status quo insist that the free markets offer the best and most efficient means of healthcare delivery. However, analysis of healthcare data indicates the opposite.

Overwhelmingly, studies have shown that patients in for-profit hospitals experience higher medical costs, higher morbidity and mortality when compared to patients in not-for-profit hospitals in the U.S. Much of the difference in cost is due to excessive administrative expenditures (sales, marketing, exorbitant executive compensation). But there are many other factors including massive waste and fraud. 
Free market healthcare can only work with proper regulatory oversight which ensures competition, price transparency and harsh penalties for fraud.
If a free market solution cannot be devised that provides more medical coverage to Americans at a lower cost per capita, universal healthcare may become the only viable solution. Thus, it is in the best interests of the industry to unite with Washington to acknowledge these failures and move forward to help restructure the system.
The overlying focus of healthcare reform must be centered upon cost containment. After accounting for medical waste, inefficiency and fraud, up to 50% of total healthcare expenditures could be slashed with proper technologies that streamline medical bureaucracy and healthcare delivery, while aiding regulatory oversight and accountability.
In addition, America must invest in a healthcare platform that promotes disease prevention through healthy lifestyles and affordable medical access.
And Washington must hold providers to higher levels of accountability and price scrutiny. They must place limits on healthcare expenditures and tell the industry to make it work. Healthcare costs must ultimately be capped at no more than 11% of GDP, while access must be increased and quality improved. This should be the goal by 2019.
Once providers are told they are no longer able to raise prices as high as they want; once taxpayer fraud is punished with real prison time; once providers are held accountable; once the proper technologies are integrated, America’s healthcare industry will become an asset to the nation rather than a liability.
The media, Washington and the healthcare industry do not want Americans to learn the truth about healthcare much in the same manner they withhold the truth about many other things because they are members of a very corrupt and greedy mafia, with no regard for the people. They serve the interests of those who hand them money – corporations and wealthy individuals.  
The central player in this perpetual web of lies and deceit is America’s media machine because most Americans rely on the media for unbiased coverage of critical issues.  
This article represents just a tiny inkling of the analysis and solutions I have detailed in my forthcoming book, America’s Healthcare Solution.  
At nearly 500 pages, with 150,000 words, this book also contains nearly 200 figures, tables and charts and over 800 references.  
I will guarantee you it is the most comprehensive book on healthcare on the market. 
Here is an expanded table of contents of America’s Healthcare Solution
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