The Kevin Trudeau Show: 3-30-13
Today, Kevin gives you his advice on how to lower high blood pressure and what to do if you have bad body odor.
Self Help:
Weight Loss Cure
Lose A Pound A Day!
Natural Deodorant
Oral Chelation
Rid Your Body of Candida
Health:
The Truth Behind Genetically Modified Food
Garlic & Vinegar Miracle Cure-All!
Government:
CIA Is ‘Out Of Control’
Wealth:
Where Are The Jobs Going?
Everything Kevin:
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Taxpayer’s Dollars Wasted On Private Contractors
September 14, 2011 by admin
Filed under News Stories
September 14, 2011
Truthdig
A study conducted by the Project for Government Oversight (POGO) found that on average the U.S. government pays private contractors more than twice what it pays federal workers for a number of public services. The disparity amounts to billions of dollars in overpayment each year.
“Our findings were shocking,” researchers wrote. “POGO estimates the government pays billions more annually in taxpayer dollars to hire contractors than it would to hire federal employees to perform comparable services.” In one instance, contractor billing rates were nearly five times the compensation paid to federal employees doing comparable work. Additionally, the government has no program for determining how much money it saves or wastes by either using its own employees or outsourcing.
The findings seem to refute an argument dear to political conservatives: that commissioning the private sector to perform essential public work saves taxpayer money.
Click here for the full report from Truthdig
The Kevin Trudeau Show: 3-22-11
Today, Kevin gives you his advice on how to lower high blood pressure and what to do if you have bad body odor.
Self Help:
Weight Loss Cure
Lose A Pound A Day!
Natural Deodorant
Oral Chelation
Rid Your Body of Candida
Health:
The Truth Behind Genetically Modified Food
Garlic & Vinegar Miracle Cure-All!
Government:
CIA Is ‘Out Of Control’
Wealth:
Where Are The Jobs Going?
Everything Kevin:
Become An Insider!
Support Kevin!
Kevin is on YouTube!
Sign Up For Kevin’s FREE Podcast
Follow Kevin on Twitter
Become A Fan of Kevin on Facebook
Kevin’s Film Club
Kevin’s Book Club
Take Trudeau on the Go! Click here to download this show to your iPod, mp3 player, or PC through iTunes!
Click Below to Watch the Kevin Trudeau Show LIVE!
Labor Battles Rage On in Wisconsin, Iowa, Ohio, Indiana
February 25, 2011 by admin
Filed under News Stories
February 25th, 2011
AOL News
By: Dana Chivvis
As a raucous week in the Midwest comes to an end, several state legislatures remain deadlocked over bills that many see as attempts to wrest power away from unions.
Wisconsin
In the wee hours of this morning, Republicans in the State Assembly held a “flash” vote, passing a controversial bill eradicating collective bargaining for most public employees, before Democrats had a handle on what was happening.
Debate on the bill began in the Assembly on Tuesday morning and had lasted an exhausting 61 hours, as Democrats attempted to filibuster.
At 1 a.m. this morning, Speaker Pro Tem Bill Kramer opened and closed the vote in a matter of seconds. When it was over, only 13 of the 38 Democrats had managed to get in their votes.
Republican Assembly members stood up and left the chamber immediately following the surprise vote, as Democrats threw papers, shouted “shame!” at their counterparts and called them cowards, the Milwaukee Journal-Sentinel reported.
With only two-thirds of the chamber voting, the legislation passed 51–17 and will now be sent to the Senate, whose 14 Democrats are still in hiding in Illinois. Their absence means the Senate cannot achieve a quorum to hold a vote.
Iowa
After 15 hours of debate, Republicans in Iowa’s House Labor Committee passed a bill at 6 a.m. today that weakens collective bargaining rights for public employees. Though Democrats proposed more than 50 amendments to the bill, House Study Bill 117, it passed 9-5 along party lines.
The legislation would eliminate collective bargaining for health insurance and retirement plans, bar unions from having a role in decisions involving layoffs, give the governor and the Legislature veto power over decisions made by an arbitrator, lift restrictions on outsourcing and allow workers to become non-unionized “free agents,” according to the Iowa Independent.
The bill will be sent to the full chamber for a vote.
Ohio
Workers in Ohio are rallying against Senate Bill 5, which would weaken collective bargaining rights by disallowing them for all negotiations except wage talks. It would also ban strikes and end binding arbitration.
Republican Gov. John Kasich and supporters of the legislation say it will help close the state’s $8 billion budget deficit.
Indiana
With all but three House Democrats hiding out in Urbana, Ill., Republican House Speaker Brian Bosma postponed all activity in the chamber until Monday, according to The Indianapolis Star. The Democrats are protesting 11 proposed bills. Earlier this week, Republicans killed a controversial “right to work” bill, which would ban contracts that require non-union members to pay union fees.
Click here for the full report from AOL News
The Kevin Trudeau Show: 1-21-11
Today, Kevin gives you his advice on how to lower high blood pressure and what to do if you have bad body odor.
Self Help:
Weight Loss Cure
Lose A Pound A Day!
Natural Deodorant
Oral Chelation
Rid Your Body of Candida
Health:
The Truth Behind Genetically Modified Food
Garlic & Vinegar Miracle Cure-All!
Government:
CIA Is ‘Out Of Control’
Wealth:
Where Are The Jobs Going?
Everything Kevin:
Become An Insider!
Kevin is on YouTube!
Sign Up For Kevin’s FREE Podcast
Follow Kevin on Twitter
Become Kevin’s Friend on Facebook
Kevin’s Film Club
Kevin’s Book Club
Take Trudeau on the Go! Click here to download this show to your iPod, mp3 player, or PC through iTunes!
Click Below to Watch the Kevin Trudeau Show LIVE!
Where Are The Jobs Going?
January 17, 2011 by admin
Filed under News Stories
January 17th, 2011
Daily Finance
By: Danny King
Take heart, America. Yours isn’t the only country to lose jobs to developing nations.
Australia, Canada and Israel, among others, have dropped off the list of best places for information-technology and business-processing services, according to a report that research firm Gartner released Monday.
As more developing countries have created workforces that can handle those tasks at lower cost, Ireland, New Zealand, Singapore and Spain are also no longer on Gartner’s list of the 30 best countries for outsourcing, which considers both costs and skill sets.
Meanwhile, Bangladesh, Bulgaria, Colombia, Peru and Mauritius have all joined the list for the first time, while Panama, Sri Lanka and Turkey reappeared after an absence during previous years. Those nations join South American countries, such as Argentina, Brazil, Chile and Colombia, as well as the Asian powerhouses of China and India.
Competition for Outsourcing Grows
The changes reflect the growing trend of cost-cutting via outsourcing, which started with U.S. companies and spread to other parts of the world.
Countries such as Mexico, Chile and Costa Rica have created government programs that boost education and upgrade the domestic labor pool. China and Malaysia, among others, have improved their infrastructure to make them attractive to tech companies. And Brazil’s relatively stable government status keeps the country attractive to many different types of companies.
“In this increasingly dynamic global environment, multinational providers will continue to extend their footprint in different geographies, carrying with them their expertise and maturity, while local providers will strive to become offshore providers, searching for opportunities and niches they can explore,” Ian Marriott, research vice president at Gartner, said in a statement. “Even though some countries are rated poorly for some categories, clients may find individual providers — global and local — whose capabilities mitigate some of the risks.”
Where Are the Jobs Going?
Increased outsourcing has hindered the U.S.’s economic recovery and may pose similar problems to other countries that have been bumped off the list.
Click here for the full report from Daily Finance
Healthcare Reform Leads to India Outsourcing
March 29, 2010 by admin
Filed under News Stories
March 29, 2010
Yahoo News
Christian Science Monitor
By Taylor Barnes
With 22 pen strokes, President Obama signed into existence not just a historic healthcare reform law but also monumental piles of paperwork: New member registration forms. More claims. Ever-expanding databases. And on top of that, pressure to cut costs.
The bulge in administrative work may look like a nightmare to American insurance firms and government employees. But to outsourcing executives here in India, it’s heaven-sent. A number of Indian companies are already anticipating an increase in workload thanks to Obama’s healthcare law.
The addition of 32 million insured Americans is “very significant” for Indian outsourcers, says Ananda Mukerji, chief executive officer of Firstsource Solutions in Mumbai. Companies like his will see “increased opportunities” as US health insurers and hospitals scramble to reorganize to comply with the new law, he wrote in an email to the Monitor.
This extra work will include processing new enrollments, organizing bigger member databases, processing more claims, providing more support services, and managing more revenue, he says.
In particular, outsourcers can expect to benefit from insurers’ need to minimize administrative costs, Mr. Mukerji says, citing a recent Deloitte Center for Health Solutions study showing that up to 41 percent of the cost of a health plan is administrative.
The US healthcare reform offers a “natural extension” of the back-office outsourcing that Indian companies already specialize in, says Tu Packard, a senior economist with Moody’s Economy.com.
Outsourcing comes to America But some services in the US healthcare industry cannot be outsourced beyond America’s borders due to regulations. That’s one reason major Indian outsourcing firms have set up shop in the United States. In a twist, America’s outsourcers are now outsourcing back to America.
In 2008, Bangalore-based Wipro opened a development center in Atlanta that employs 500 people, mostly Americans, and runs a call center for a US healthcare client. Tata Consultancy Services has set up a similar campus with 300 employees near Cincinnati. Infosys is planning a subsidiary in Dallas that will hire locals and seek US government contracts.
Wipro, one of the world’s biggest information technology firms with nearly 100,000 employees worldwide, says the new healthcare law dovetails with two of its focus areas: servicing governments and servicing the healthcare industry. “The healthcare reform should translate to more demand,” says Rajiv Shah, Wipro’s senior vice president for healthcare.
Wipro plans to double its workforce at the Atlanta office by 2013 and open campuses in other cities, says Suraj Prakash, a vice president at the company. “There will be enough work to be done in the US.”
Click here for the full report.
Two Years of Failure in Directing the Economy
December 23, 2009 by admin
Filed under News Stories
December 23, 2009
The International Forecaster
As we look back and this year comes to an end we find two plus years of failure. Even government admits to 1-1/2 years of negative growth – a sorry record after having poured trillions of dollars into the economy. The recent 3rd quarter results supposedly broke that record. If it did it was the result of government stimulus and Fed monetization. If you look back further you will find a stock market that rallied 54% just to reflect the highs of 1999. House prices have decline to 1990s levels as well. Both markets, which were bubbles, next year will fall again. Americans opened their markets to products of Communist China’s slave labor and China became the world’s biggest exporter. Via free trade, globalization, offshoring and outsourcing, transnational conglomerates have stolen America’s destiny and handed it to China. This is what corporatist fascism is all about.
The dollar will soon end its mini-rally and the USDX will test 71.18 in the first quarter as the euro tests $1.62. Interest rates will stay at zero for at least two years, and mega monetization will continue. As you have just seen the Treasury wants TARP funds for Treasury debt and the administration wants the TARP funds to further stimulate the economy. Either way it is very inflationary.
We are told the credit crisis is over and that recovery is underway. We do not believe that. It is projected that as many as 300 more companies will default on debt in 2011. A default rate of 12 to 14 percent. That is up from 1% in 2007 and a long-term average of 4.5%. These are not just small firms, but companies with more than $100 million in assets as well. That doesn’t sound like recovery to us. What is very significant is that the 300-figure is based on recovery. Only 116 companies defaulted between 2004 and 2007. One of the groups hit hard will be commercial real estate. The figures are already bad, but companies and lenders have been buying time by using two sets of books, marking to model and refinancing. All that doesn’t change the big picture and that is with a recovery the situation will be bad, without recovery it will be dreadful.
Corporate America has lots of problems, but the federal government has many more. It has to finance more than $1 trillion a year in borrowings. Interest rates are the lowest ever, but rates will begin to climb next year; 5% real interest rates would add some $600 billion to the debt service. That is more than the combined costs of Iraq and Afghanistan, energy, education and Homeland Security.
The Fed has been backstopping short-term interest rates and holding down long-term rates. They say they will end their $300 billion program to buy up Treasury bonds and will stop buying mortgage securities by the end of next March.
The administration believes it will have to borrow $3.5 trillion over the next three years, plus rolling over short-term debt, or another $1.6 trillion. That is a total of $5.1 trillion. Knowing politicians you can increase that number by at least 50%. The wages of sin have caught up with the government as it attempts to replace short-term bills with 5, 7, 10 and 30-year paper. We do not believe the debt is payable and the consequences are not going to be pretty. All the velocity of monetary circulation is not going to change the final outcome.
