Tricky Dick and Health Care Profiteering November 28, 2020 By Anna Von Reitz

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Tricky Dick and Health Care Profiteering November 28, 2020 By Anna Von Reitz

Earlier today we touched upon one of the centerpieces of the Nixon Administration --- the Petrodollar, and the results it has had on world business and political events that have been "de-coupled" from the gold standard and lashed up to the oil standard instead.

It isn't a pretty picture. What emerges is that the corporate governments of the West and Middle East are using bogus conservationist narratives to justify new taxes on a vital commodity, the sole purpose of which is to bulk up their own coffers with artificially created profits.

Increase the price of oil and gas by any means and the beneficial result is the same for the producers and middlemen --- and the consumers pay for it all.

This is an odd reprise of Teddy Roosevelt's conservationist policy, which was a thinly veiled means to an end --- restrict access to American resources to prop up prices and benefit cronies who already held interests in similar or competing assets.

Again, the people of this country pay through the nose, both by not being able to sell or develop their own resources for their own use and profit, and second by paying more for the end products provided by other sources.

A similar pattern of havoc and destruction followed Nixon's changes to the Health Care System.

Prior to Nixon's 1973 Health Care Maintenance Organization (HMO) Act, private sources were paying 75% of health care costs, and half of that was funded out of pocket by the individuals receiving the care. Prior to Nixon, health care costs followed the normal Consumer Price Index.

Today, less than 10% of healthcare costs are privately funded. And health care costs are rising 16 to 20 times faster than the Consumer Price Index overall. This demonstrates truly explosive cost inflation in the healthcare industry since the mid-1960's, and that has followed an equally dramatic shift from private to public healthcare funding.

Why?

Prior to 1973, it was illegal to profit from healthcare.

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