Tag Archives: privatization

Mexican Congress Votes to Open Oil Industry to Private Companies

World

Mexico’s Congress passed a major piece of energy legislation Thursday that will open the country’s currently state-monopolized oil industry to private investment.

Mexico’s lower house voted to pass the bill after hours of rancorous debate. It now has to be approved by 17 of the country’s 31 state legislatures and signed by President Peña Nieto. The measure is a key piece of Nieto’s reform package, the Associated Press reports.

If it becomes law, the measure will permit the government to grant contracts and license to conduct oil and gas drilling operations to private companies, something currently banned under the country’s constitution. State-owned Petróleos Mexicanos, better known as Pemex, has had a monopoly on the industry for the last 75 years, according to the Wall Street Journal.

Mexico is one of the largest oil producers in the world. By 2025, it hopes to raise output from 2.5 million barrels a…

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Obamacare: The biggest insurance scam in history

Obamacare: The biggest insurance scam in history

“Tricks to mistreat those with pre-existing illness: One of the great selling points of the ACA con is that those with pre-existing illnesses will not be denied coverage. This is true, but insurers have many ways to avoid the ill. The ACA waswritten by an insurance company executive from Wellpoint, Liz Fowler, who went on to be hired by Obama’s HHS to implement the law and now works for a pharmaceutical giant. So, all along the way, the insurance companies had someone protecting their interests.

One way to avoid the sick was mentioned above: excluding hospitals where people with serious health problems go, like major medical centers. Another way is by providing poor service to people who have a lot of claims so they change insurers. And a third has to do with the fact that insurance companies are allowed to charge more in geographical areas where health costs are higher. If a plan in a particular area is not making enough profit, the insurance company can simply stop selling in that area.

Insurance companies also can charge three times as much based on age. Because most pre-existing illness comes with age, this greatly undermines the protection of those with pre-existing illness. Insurance companies are excellent at gaming laws and regulations, so we can expect more creative avoidance of people who actually need health care.”

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Racism, Mass Incarceration, and the United States “Justice” System

The Progressive Cynic

© Josh Sager – October 2013

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Picture by CNV

The United States has the dubious distinction of being the country which imprisons a larger percentage of our population than any other country on earth. Out of every 100,000 Americans, 716 are currently in jail—to put this into perspective, here are imprisonment statistics for several countries that have regularly been demonized for their repressive governments:

  • Cuba: 510 inmates per 100,000 citizens
  • Russia: 475 inmates per 100,000 citizens
  • Iran: 284 inmates per 100,000 citizens
  • Zimbabwe: 129 inmates per 100,000 citizens

The United States is not a small country by any means, thus our high incarceration rates translate to truly staggering numbers of people in jail. According to the most recent estimates, nearly 2.2 million Americans are currently serving time in the federal, state and local prison systems—in addition to those who are serving time, approximately 5.8 million Americans are on probation, on…

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