Saturday, October 26, 2013

Medic3569's What's News for October 26, 2013? JP Morgan, Rep. Marsha Blackburn/Congressman Frank Pallone, HIPAA and Don Yeltin and Racism


 Medic3569's What's News

for October 26, 2013

Firmwide Litigation Reserves



Analysis: Stop freaking out over $13B JPMorgan settlement

USA article about Analyst Freaking out About $13B Fine 


Being as JP Morgan Chase will be giving out about $10B in annual bonuses, and they stole many Americans self-worth, and took people's homes and 401k's, I don't think  the fine is excessive at all. Let's remember that they pushed out mortgages to anyone willing to take them, (people were wrong too for taking mortgages they couldn't afford,) bundled them up into mutual funds and sold them worldwide by creating ab useless product called a "Credit Swap." This caused many Americans to lose their retirement savings. They sold mortgages at such a frenzied to make the fees, that on many cases they didn't even have the proper work, like a "Transfer of Deed." When they went to foreclose later they needed paperwork,, the "Transfer of Deed" so they actually hired many people to forge these documents at $8.00/hr. This was discovered by an actual investigator whom the bank tried to foreclose on. She noticed there was no Transfer of Deed and they gave her a hard time until they finally produced one. She investigated that on the internet because she was wondering where they came up with the document all of a sudden. She found that the signature of the Vice-President of the bank that signed the "Transfer of Deed" was evidently the same Vice-President for at least 7 other banks. Investigating further she saw that these forged documents were being produced in bankruptcy courts all over the country. Evidently the employees hired at $8.00/hr had to sign at least 300 documents in an 8-hour w3ork day or they would be fired. Portrayed on a 60 minute episode this still didn't stop the crimes, hard to believe, isn't it?

Lynn Syzmoniak sued and won an $18M case against JP Morgan Chase and others for fraudulent and robo-signed documents used to  foreclose on people's homes. She blew the whistle, claiming that the country's four largest mortgage services had defrauded the federal government by creating fake documents to replace lost or nonexistent ones in order to receive government-funded payments. The government joined Syzmoniak's complaint, and it was announced this week that those banks -- Bank of America, J.P. Morgan Chase & Co., Wells Fargo & Co, and Citigroup Inc. -- settled the case for $95 million. Under law, the whistleblower is entitled to a share of the money recovered by the U.S. government, in this case $18 million.


NC GOPer Who Called Blacks 'Lazy' Uses N-Word To Defend Himself

Don Yeltin NC Republican Precinct Chairman and GOP Executive Committee Member photo by TPM

Republican Precinct Chairman in NC and GOP Executive Committee Member Don Yeltin has evidently been fired after an appearance on The Daily Show where he said "the voter ID law is not racist." He also said "one of my best friends is black," and when asked if he is racist he said "well, I have been called a bigot."  Read More from TPM

The Monkey Court Is Now in Session

Monkey Court Now In Session!
Democratic Congressman Frank Pallone: I started out in my opening statements saying there was no legitimacy to this hearing, and the last line of questioning certainly confirms that. HIPAA only applies when there's health information being provided. That's not in play here today—no health information is required in the application process, and why is that? Because pre-existing conditions don't matter! So once again, here we have my Republican colleagues trying to scare everybody—
Barton: Will the gentleman yield?
Pallone: No, I will not yield to this monkey court or whatever this thing is.
Barton: This is not a monkey court.
Pallone: Do whatever you want. I'm not yielding. I am trying to tell you—
Barton: Protecting American citizens is a legitimate concern of this committee.
Pallone: —the pre-existing conditions don't matter. HIPAA doesn't apply. There's no health information in the process. You're asked about your address, your date of birth, you're not asked health information. So why are we going down this path? Because you are trying to scare people so they don't apply!

Rep. Marsha Blackburn (R-TN) Doesn't Know What She's Talking About on CNN Live, She doesn't Even  Speak Correctly


Representative Marsha Blackburn (R-TN)



The Health Insurance Portability and Accountability Act of 1996 (HIPAA) was put in place to protect "Identifiable Health Information." Privacy Rule provides federal protections for individually identifiable health information held by covered entities and their business associates and gives patients an array of rights with respect to that information. At the same time, the Privacy Rule is balanced so that it permits the disclosure of health information needed for patient care and other important purposes.

 The latest TeaPublican/Republican Party attempt to stop/defund/block/convince people not to sign up for has been rolling out for the past two days. Yesterday on CNN Live Rep. Marsha Blackburn (R-TN) said what they've all been saying for 2 days, "The Affordable Care Act violates HIPAA Laws! Simply put, in NO WAY does "The Patient Protection and Affordable Care Act," aka "Obamacare," violate the law.
 When HIPAA was introduced in 1996 I was included in the "roll-outs" done by the government because I was an Instructor Coordinator for the NYC Emergency Medical Services (NYC*EMS,) Suffolk County EMS (SCEMS,) , and the NorthshoreLIJ Healthcare System. It was made very clear that "Protected Health Information" (PHI) and Protected Medical Information (PMI) was not to be exposed/divulged except to someone "Directly involved in Patient Care" and a few other situations.

  Rep. Marsha Blackburn (R-TN) on CNN LIVE was asked a very simple question; "What question, on the application are people asked that would cause the ACA to violate the HIPAA Law of 1996. She gave numerous non-answers like "it's not the questions, it's how they're "transited", she obviously meant "transmitted." The correspondent said, "but the only question asked that is remotely medical information in nature is "Do you Smoke," how is the law being violated. Rep. Blackburn kept saying stupid things and that it's "how it's transited." Unbelievable stupidity, defiance, and rhetoric designed to attack the ACA and she didn't know anything but the talking points, and didn't even understand them. 
 If there are any great legal minds out there that can tell me something I can do to STOP TeaPublicans and Republicans from making things up and then going onto media and spreading misinformation, false rhetoric, and outright lies, PLEASE, PLEASE, PLEASE tell me what to do to help expose this rhetoric for what it is.

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