Credit Scores on Medical Debt


Armstrong Economics Blog/Disease Re-Posted Sep 25, 2023 by Martin Armstrong

It is a common misconception that unpaid medical bills will not hurt your credit score. Medical debt is the leading cause of bankruptcy in the United States. Health care costs are unsustainable and a short hospital stay could easily ruin the most fiscally conservative person’s finances. The Consumer Financial Protection Bureau (CFPB) is now considering removing medical debt and collections from credit reports.

It is a step in the right direction, but it avoids the real issue of health care costs and allowing Big Pharma, insurance agencies, and hospitals rob the sick. The pricing is so unclear that many hesitate to get care until they’re very ill. Americans know it is common practice to ask for an itemized medical bill and bargain with hospitals for months on end. Over 100 million A report from the CFPB found that 20% of all Americans – 66 million people – are in medical debt.

“Research shows that medical bills have little predictive value in credit decisions, yet tens of millions of American households are dealing with medical debt on their credit reports,” CFPB Director Rohit Chopra said in a statement. “When someone gets sick, they should be able to focus on getting better, rather than fighting debt collectors trying to extort them into paying bills they may not even owe.”

We all know families struggling to pay medical bills. I had a friend whose young daughter fell ill. He managed to accumulate well over $1,000,000 in medical debt in just a few months. The debt uprooted his family’s lives on top of dealing with a sick child, and they were forced to sell their home. Should they be forced to pay a higher mortgage on a smaller home because of their lowered credit score? The medical debt does not indicate in any way that he is financially irresponsible or unworthy of a loan.

Medical debt should not affect a person’s credit score. Credit scores in and of themselves are a topic for another day. Unlike student or credit card debt, people do not choose to take on this debt and are largely unaware of the costs until the final insurance bill comes in. This could be one small step in the right direction, but ultimately, the medical industry must be prevented from robbing the sick.

48,500 Year Old Zombie Virus Revived by Scientists in Russia


Mr Scientific Published originally on Rumble on November 30, 2022

Recently, scientists have revived a 48,500-year-old zombie virus that was stuck under a frozen lake in Serbia, Russia. This discovery brings light to the possibility of a public health emergency caused by a new virus emerging from the side effect of climate change and global warming.

Rewriting COVID History


Re-Posted from Armstrong Economics blog from April 9, 2021

Police Try to Shut Down Church & Are Thrown Out


Armstrong Economics Blog/Civil Unrest Re-Posted Apr 8, 2021 by Martin Armstrong

Why we need a Separation of State from the Pharmaceutical Industry


Armstrong Economics Blog/Disease Re-Posted Apr 7, 2021 by Martin Armstrong

QUESTION: Hi from New Zealand, they are rolling out the vaccines here. Me and my family don’t want it as thats our decision. If they come down hard on us with our jobs ‘no jab no job’ are there any human right lawyers out there?
Kind regards

RC

ANSWER: I know a few people who insisted on the one-jab Johnson & Johnson since it is not a DNA altering vaccine. My main problem with these vaccines remains that they are experimental and do NOT have official FDA approval – only emergency use.

Anyone who is planning to have children should opt for the version of Johnson & Johnson. There is no information whatsoever with respect to the long-term and would the alteration be transmitted to your children. My real concern is that this has become POLITICAL and as such, where the government is supposed to regulate the private industry to protect our health, they are in league with them. There is NO independent verification of anything and now that politicians are involved, they CANNOT ever admit that they made a mistake. I have worked with governments for about 40 years. There is no way politicians will EVER admit a mistake of this magnitude – ain’t never gonna happen!

We are on our own! Just as there should be a separation of church and state, there MUST be a separation of state from the pharmaceutical industry (i.e. Bill Gates and crew). As I said with Gavi, Bill Gates has not only ensured that they are totally immune from liability, but the police cannot even enter their offices in Switzerland. NOBODY should be immune for then why bother making sure your vaccine is safe?

This Video should be watched by everyone!


The Truth about the SARS-CoV-2 (COVID-19) virus

A compelling discussion on the development of this mRNA experimental drug, which is not a vaccine by the definition of a vaccine on the CDC website. There are very serious risks of taking this experimental gen therapy that far out-way the the minor effects of the actual SARS-CoV-2 virus; if you don’t have preexisting conditions.

Canadian Resistance


Armstrong Economics Blog/Canada Re-Posted Apr 5, 2021 by Martin Armstrong

Head of Moderna Explains How Vaccines Alter DNA


Armstrong Economics Blog/Disease Re-Posted Apr 3, 2021 by Martin Armstrong

Florida Reject Biden’s Moves to Create Mandatory COVID Passports


Armstrong Economics Blog/Regulation Re-Posted Mar 30, 2021 by Martin Armstrong

Florida’s Governor Ron DeSantis said he would take executive action this week against vaccine passports. DeSantis said he will be issuing an executive order in the state forbidding vaccine passports. Local governments and businesses that would use these digital passports to allow vaccinated individuals to travel and attend events would not be allowed. He said that “we are not supporting doing any vaccine passports in the state of Florida.” DeSantis point blank said this violates privacy and individual liberties. “It’s completely unacceptable for either the government or the private sector to impose upon you the requirement that you show proof of vaccine to just simply be able to participate in normal society.”

One really has to ask when this scam will end? COVID has a 98.7% survival rate. How do we judge the success of vaccines – when they reached 98.9%? Once you start with a COVID Passport, then what is next? Vaccines for everything else in the realm of disease? People are to be denied liberty and employment because of a vaccine? When will the press stand up for the people and tell the truth that this is about climate change? After all, it was the Guardian who no longer guards the people who came out and reported we need lockdowns every two years to implement the United Nation’s climate change agenda with ZERO CO2. Even Washington Post reported that masks were useless yet people are fined thousands of dollars or imprisoned around the world for not wearing something that every study said was USELESS.

When I moved to Florida 5 years ago, I ran the computer models in the various states and Florida came up as #1. I had no idea it was projecting such a diverse trend to the rest of the United States on this scale.

Love Thy Neighbor, Except?…


Posted originally on the conservative tree house March 29, 2021 | Sundance | 160 Comments

It has taken me a few hours to diminish the anger that surfaced when I first saw these two pictures below.

As readers will note I have taken exception to the lack of strong leadership from the church during this COVID crisis.  During a time when fellowship is most needed, most urgently needed, many churches are collapsing under their own fear.  This is not a good outcome.

Suffice to say, there is absolutely nothing sensible about the position of this church as pictured; NOTHING.

First, for vaccinated people there is absolutely nothing to fear from the decision of another person not to vaccinate themselves.  A non-vaccinated person does not represent a greater risk to a person who is vaccinated against the COVID virus.  It is abject nonsense to make any other argument.

Second, this purposeful division is akin to saying ‘good people on the right, pesky non-good people on the left’.  Setting up “classes of distinction” based on voluntary compliance with a non-FDA-approved test vaccine is ridiculous in the extreme.  For a faith-based organization to be doing this is beyond the pale.

There is absolutely nothing christian about dividing people based on their vaccination status.  Jesus did not say “love thy neighbor” and proceed to inject a qualifying “unless” in the statement.

“Love the Lord your God with all your heart and with all your soul and with all your mind and with all your strength.” “The second is this: ‘Love your neighbor as yourself.’ No other commandment is greater than these.”

Fellowship is critical during this COVID isolation that has befallen many people in various states where the virus has been weaponized to create fear.  There is nothing more valuable than the connection we share to each other; nothing is more purposeful; nothing is more inherently spiritual than being a source of light, hope, faith and love for our family, friends and community.

I would strongly urge any faith-based organization to evaluate their messaging around the COVID-19 virus and immediately cease any overt or implied message that draws lines of division in any congregation.  THAT is the job of leadership.  Comfort the afflicted, and stand strong amid the evil seeking to divide our nation.