Medical Claim Payment Inaccuracies Cost $17 Billion

“The overall rate of inaccurate claims payments increased since last year among leading commercial health insurers, according to American Medical Association’s (AMA) fourth annual National Health Insurer Report Card. Claims-processing errors by health insurance companies waste billions of dollars and frustrate patients and physicians. “

So begins a recent report from the AMA dated June 20, 2011. The report goes on to say that, on average, commercial healthcare insurers mis-pay 19% of all the claims they process. As shocking as this is, even more upsetting is that only UnitedHealth showed improvements in its claim payment accuracy in the past year. The mis-payment rates ranged from United’s 10% to Anthem’s 39%.

Also troubling is that these results overall are 2% worse than the previous year, meaning the insurers are not getting better at paying claims accurately.

The AMA valued the impact of this service level to be over $17 billion per year. That means if the payers could eliminate all of their payment mistakes, the cost of healthcare could decrease $17 billion. Complete elimination of payment errors may not be reasonable, but a 25% improvement would mean a savings of over $4 billion in the next year alone.

Imagine other industries with this level of accuracy…

  • What if a cell phone dropped 19% of its calls on average and one carrier dropped nearly 40%? This is unimaginable.
  • In the financial world, what if an ATM dispensed $110 instead of $100 or gave out $60 other times? That’s beyond comprehension.
  • Or the airline industry. What if planes landed at the wrong airport 19% of the time? No one would fly and there would be no industry.

So how does the healthcare industry continue with this type of performance?

Several reasons are propagated, including: the complexity of the “system”; the multiplicity of the provider billing and payer claim software; the lack of transparency; the detached consumer (patient); the extensive coding required for diagnosis, procedure, payment, government mandate variation, etc., etc.

All of those contribute to the problem, but an overriding reason for the existing state of payment accuracy is the actual cost incurred to process a claim. Claim adjudication accounts for less than 5% of a healthcare insurer’s total operating cost.

Medical cost typically runs 80-90% of an insurer’s cost to operate. Other administrative costs such as overhead, call center operations, insurance, software maintenance, hardware leases and profit make up the difference along with the cost to process a claim.

With the cost to process a claim such a minute line item on the Profit and Loss statement, management is usually focused on the larger expense drivers and does not recognize the opportunity in the claim operation.

To reduce the industry’s woeful 19% mis-payment rate, management has to dive deep in the weeds of its claim operations. In the weeds lie the opportunities to improve payment accuracy, lower operating expense, reduce overpaid claims and improve provider relations.

SMS Messaging for Marketing

Why SMS? Why now? The Mobile World

Our world is more Mobile now than ever. Consumers are always on the move and it is increasingly hard to reach them through traditional channels like TV, Radio and Internet. In 2013 there were more than 6 billion subscriptions. With increasing penetration of mobile phones to the most rural areas, mobile networks cover more than 90% of the world's population. Availability, affordability and ubiquity make the mobile phone an essential platform for retail marketing and business to customer communication.

The mobile phone has become the new "must have" for any serious "innovative" marketing project. Due to the rapidly expanding capabilities of smartphones, there is a misconception that 'archaic' technology such as SMS is not up to the task at hand. The truth is far from it.

Most brands now choose SMS as a must-have when planning their mobile strategy. One of the reasons behind this is that while there are 1 billion smartphones, there are 5 billion feature phones. All these phones have built-in SMS capability.

Statistics

• 6 billion subscriptions worldwide.

• Mobile operators cover more than 90% of the world.

• Consumers are always on the move. (Increasingly hard to reach them through traditional channels)

• All mobile phones support SMS. (Smartphones and feature phones)

• SMS does not require data connections or apps.

• SMS is cost effective and ubiquitous.

• Mobile is the most personal channel. SMS is direct and immediate.

• SMS has a greater open rate than any other traditional alternative. (E-mail)

• Mobile SMS offers are redeemed more frequently than any other type of offer. (Prints, web etc.)

• Consumers carry their mobile phone and use it for everyday activities 24 hours a day, 7 days a week.

• SMS is stored in user's mobile whether they engage with the message now or later.

SMS Marketing Statistics

• MMA: 91% of mobile phone users have their phones 24 hours a day, 7 days a week (ie also sleep with the phones)

• AT&T: 88% of consumers watch the 2nd screen (mobile) while watching TV

• MMA: 43% of consumers use mobile as their primary search tool

• SinglePoint: 90 percent of all text messages are read within 3 minutes of being received on the mobile phone

• Mobile Marketing Watch: Mobile marketing ad spend grew more than 100 percent in 2013.

• Responsys: Nearly 2/3 of consumers subscribed to mobile marketing indicate that they have made a purchase as a result of receiving a highly relevant mobile message.

• Venture Beat: The open rate of SMS is 98 percent compared with 22 percent for emails.

• Cellit: Text messages can be 8x more effective at engaging customers.

• eMarketer: Mobile offers / SMS Coupons are redeemed 10x more frequently than print offers.

SMS Messaging Services – SMS Outbound

Outbound SMS is a fast and reliable way to send large volumes of SMS messages on a global scale. By using enterprise messaging platforms, companies can send marketing campaigns, notifications, promotions and special offers, increasing brand awareness, customer acquisition, customer retention and driving sales.

SMS Messaging Services – Inbound SMS

Inbound SMS allows companies to globally receive SMS messages from consumers, engaging their target audience, increasing customer loyalty, retention and reactivation by initiating 2-way communication with the consumer through Inbound Marketing.

BENEFITS

Reach +7 Billion subscribers

The most personal channel SMS is direct and immediate.

98% Open Rate

SMS has a greater open rate than any other traditional alternative.

70% Response Rate

6 to 8 higher engagement rates than email. 45% click through rate of URLs. Mobile SMS offers are redeemed 10x more frequently than any other type of offer.

90% of SMS is read in 3 minutes. No internet required

SMS requires no data.

Stays there

SMS is stored in user's mobile whether they engage with the message now or later.

Based on sustainable technologies 100% Compatible

All mobile phones support SMS (smartphones, multimedia and feature phones).

Cheap

SMS is cost effective.

Famous Gold Manufacturing Companies

It is observed that the gold production of the world declined by 50 tons in 2008. Canadian companies dominate the gold industry though they are far behind in its production of reserves. These companies are the leaders in the Canadian industry. They rank in the 7th position globally, but mostly rely on the assets in the foreign countries. There are 20 companies in the country with a market place of 1 billion or even more. The ten largest companies are barrack 37.1 billion, Goldcorp 32.4 billion, Kinross 16.4 billion, Agnico mines limited 11.1 billion, Yamana gold 8.3 billion, Lihir gold 6.6 billion, IAMGOLD corporation 5.3 billion, Eldorado gold corporation 4.5 billion, Franco Nevada corporation 3.4 billion and red back mining Inc 3 billion.

South Africa is the 2nd largest gold producer of the world that is the home to 7 of the 13 leading producing mines. The Witwatersrand has the largest gold mine of the world. The popular gold companies in South Africa are AngloGold Ashanti 11.61 billion, Gold Fields 7.51 billion and Harmony Gold (mining) 4.8 billion; it is the 5th largest producer of gold. South African was the largest gold producer until 2007, producing gold 7 tons less than China.

The US gold industry is growing day by day and has changed over the past 16 years. Gold was produced from just five major mines in 1980, out of which two of them were copper mines, which was less than 1 million ounce a year. Now, it has risen to 11 million ounces, operating in 13 states.

75 percent of bullion needed by US manufacturers was imported from other countries. During the same year, United States produced less than 3% of the annual bulion productivity of the world.

Today, the percentage has risen to 15 percent. The bullion production exceeded the demand, now 36 percent of the production is available for exports.

The Italian gold industry is considered to be the largest gold manufacturing industry of the world. In one year, the Italian gold industry produces 500 tons of fine gold. In Italy, 10,000 companies are involved in gold manufacturing business. More than 40,000 employees are employed in this industry. The five region of Italy are well known places of manufacturing gold, namely, Veneto, Tuscany, piedmont, Lombardy and Campania.

In China, there are more than 39 major ignot jewellery manufacturers. The top manufacturers, producing around 70 percent of the bullion jewellery in China, are Bai tai, yuehao, Jinye, Ignot dragon, Cui Liu, Anshenghua.

Gold smiths are the designers and the manufacturers of fine bullion and platinum jewellery. They specialize in creating unique designs for wedding and other special jewellery for specific occasions. Since 1300, gold smith company is known for its exceptional quality of ignot and silver, and from 1975, platinum. It is one of the twelve great companies of the city of London. There are more than 200 of the UK leading designer craftsmen working in the company.

Gold has always been a powerful instrument. Its unique qualities make it even a more precious metal. Different countries are manufacturing this precious metal because of its undeniable worth and benefits associated with it.

An Interview With the Co-Author of "Wellness Orgasms: The Fun Way to Live Well and Die Healthy"

Introduction

During a recent (May 2015) speaking and consulting tour of companies and varied institutions in America, Australian savant, polymath and business philosopher Dr. Grant Donovan was interviewed about the nature of wellness orgasms, my 700 electronic newsletters and several of life’s persistent questions that affect quality of life, including health and happiness.

The following questions put to Dr. Donovan and his replies follow.

DON: What are wellness orgasms (WOs)?

DONOVAN: Wellness Orgasms are not really things but, rather, the term is a metaphor that promotes REAL wellness thinking. It’s designed to help move the wellness conversation away from disease prevention and towards the concepts of REAL wellness that are so eloquently explored in our book and all your latest writings.

DON: What do you realistically hope to accomplish in this endeavor?

DONOVAN: Nothing. The world and everything that happens within it is inherently meaningless, just like the WO. But, given pure happenstance has us sitting on the third rock from the sun, with nowhere to go, then helping others with some fun, rational thinking seems like a great way to fill in our time. The world can only be a better place for the hapless billions if they are wellness orgasming each day, with freedom from gods and dictators, a full stomach, involvement in engaging activities and immersion in communities of rational thought.

DON: Are there enough people out there likely to come forward and declare for WOs if only they are somehow led to the altar by your WO magnum opus and its liberating concepts that spark REAL wellness lifestyles and mindsets?

DONOVAN: No, the fundamentalist McDonalisation of the world leaves very few rational thinkers available. Besides, we lack an altar or any attractive sacrificial structure.

DON: How has your nearly unique experience (shared perhaps only by Bill Hettler, Judd Allen, Bill Gaertner, my wife Carol and daughter Jeanne and son Jon-and possibly John Travis) of having read all 74 print editions and all 700 electronic ARDELL WELLNESS REPORTS contributed to your glowing personality, mental acuity, liberation from spirituality and wondrous sense of humor?

DONOVAN: The AWR has been my bible since 1984. Who knows what channeling influence your thoughts have had on my development over the past 31 years? I’m not sure but it’s been a lot of fun.

DON: What will your priorities be if, as a consequence of this book, you are asked to lead Australia and the Western World?

DONOVAN: Treat everyone well, engage them in the decisions that affect their lives and empower them to execute their decisions. Oh, and introduce a tax on religion.

Be well, good wishes and thanks for considering this advice.

+++++

Note: “Wellness Orgasms: The Fun Way to Live Well and Die Healthy” is available at Amazon.com in paperback ($10.70) and Kindle ($2.99) editions.

An Astronomer’s View of the Universe

Although increasing advanced astronomy methods have yet to accurately determine the time and manner of the universe’s creation, observation of galaxies many billions of years old has enabled cosmologists to deconstruct the process, whose catalyst, designated the “Big Bang Theory,” occurred approximately 15 billion years ago.

The origin, not necessarily of the universe, but what can perhaps be more accurately designated the physical dimension, took place when a single, densely packed ball of matter, energy, and space reached unfathomable temperatures and cataclysmically exploded, covering an area the size of our solar system only minutes after its release. Before it condensed into subatomic particles, it manifested itself as a faint glow of radiation called the cosmic microwave background.

Collecting and cooling, this matter took its earliest form as primitive galaxies and stars, but continued to expand as a whole.

It is estimated that our own solar system was itself created five billion years ago, at which time the universe was two-thirds of its present size.

After millennia of cohesion, the universe itself consists of planets, dwarf planets, moons, satellites, asteroids, meteors, comets, and interplanetary medium, which itself is comprised of gas and dust.

The universe’s expansion has been determined by several noted astronomers. Employing photographic spectroscopy and examining several patches from the Lowell Observatory in Flagstaff, Arizona, Vesto Slipher, for example, measured light speed with spectral lines, while Edwin Hubble and his assistant, Milton Humason, concluded that the patches studied were actually galaxies. Because most of these spectra were of the longer, or redder, wavelengths, Slipher himself concluded, based upon the Doppler effect, that galaxies were receding from earth.

Employing a graph, in which the velocity of galaxy recession was plotted on the vertical axis and its distance on the horizontal one, Hubble determined that, the further the galaxy was from earth, the faster it was receding in all directions, indicating that the universe is both a continually expanding and accelerating one. The result, expressed as the Hubble Constant, states that velocity is proportional to distance. Although its numerical value has yet to be calculated, advanced tools and techniques, not the least of which is the Hubble Space Telescope itself, have placed that figure within the realm of reality.

Conceptualization of something as virtually infinite as the universe to a finite entity such as man with limited brain capacity is difficult, but the universe itself can be subdivided into the galaxies themselves, clusters of galaxies, and clusters of superclusters. Current estimates conclude that there are tens of billions of galaxies in the observable universe, of which Andromeda is visible with the naked eye from the northern hemisphere and two small satellite galaxies are observable from the southern hemisphere: the Large and Small Magellanic Clouds.

Analysis of the universe’s origin naturally leads to speculation of its termination, if any. Some believe that all galaxies will recede until they lose velocity, cease to move, and then fall back, until all matter once again collides into a single ball, thereby reversing the Big Bang dynamic. Alternatively designated the “oscillating theory of the universe” or the “Bang-Bang-Bang” theory, it would then entail a chain reaction of explosion, recession, and remission every ten billion years.

Underfunded U.S. Teacher Pension Liability Estimated at $393 Billion

Teacher pension systems are unsustainable, according to a new report issued by the National Council on Teacher Quality (“NCTQ”) titled, “No One Benefits: How Teacher Pension Systems are Failing Both Teachers and Taxpayers.”

The 72-page report, funded by the Bill and Melinda Gates Foundation and the Joyce Foundation, makes a strong case for pension reform based on an in-depth analysis of the status of teacher pension funds in all 50 states. The NCTQ describes itself as “a non-partisan research and policy organization working to ensure that every child has an effective teacher.”

Key findings highlighted in the report include:

• Pension systems are severely underfunded. Like their municipal counterparts, most teacher pension plans have made many promises of future benefits that are not adequately funded. In almost all states (43 of 50), the report finds that teacher pension liabilities actually increased between 2009 and 2012.

• Unrealistic funding assumptions magnify the shortfall. As we have reported in the past, many public pension plans use a rate of return assumption of 8 percent. Some critics believe that 8 percent is too high and that it is no longer appropriate in today’s financial market with historically low interest rates. Their concern is that investment return assumption rates are artificially inflated to reduce the required contribution amounts required by those paying into the pension system.

As the assumed rate of return increases, current funding requirements decrease. Conversely, a lower assumed rate of return requires a higher current funding level in order to meet future obligations. By one industry estimate, each 1 point reduction in the assumption rate means 10 percent more in current contributions.

• Retirement eligibility rules add to costs. NCTQ recommends basing retirement eligibility on age rather than years of service. The majority of states (38 of the 50) grant retirement benefits based on years on the job. This means that a teacher who started her educational career at age 25 might be able to retire with complete benefits at age 45 or 50. Theoretically, a teacher could be collecting retirement benefits for a longer period than they actually taught.

The report states that “these costly and inflexible models are out of sync with the realities of the modern workforce.”

$393.5 Billion in Unfunded Teacher Pension Liabilities

States with the highest unfunded teacher pension liabilities are identified by NCTQ as:

• California, $57 billion

• Illinois, $43 billion

• Ohio, $40.7 billion

• Texas, $24 billion

• Pennsylvania, $19 billion

• Michigan, $17 billion

• New Jersey, $16 billion

Only New York State and the District of Columbia have fully funded teacher pensions, according to the study.

If the amount of unfunded teacher pension liabilities appears to be low, it is because this is only a fraction of the total that states owe for public sector retirement benefits. According to the Pew Center on the States, there is a total public sector pension gap of $1.38 trillion as of 2010. This total is divided between $757 billion for pension promises and $627 billion for retiree health care.

Teacher Pension Reform Recommendations

The crisis presented by grossly underfunded teacher pension plans presents an opportunity for fundamental pension reform, according to the NCTQ. Specific recommendations include:

1. Offer teachers the option of a flexible and portable defined contribution pension plan.

2. At a minimum, ensure that defined benefit pension plans are as portable, flexible and fair to all teachers as possible.

3. Ensure some basic principles of fairness, including shorter vesting periods and the availability of lump-sum rollovers upon a change of employment.

4. Shore up pension funding for existing commitments.

5. Institute safeguards that prevent politically expedient decisions, such as the promise of future benefits in lieu of higher annual pay increases.

6. Require that pension systems are neutral to the number of years worked. Multipliers for years of service and longevity bonuses should be minimized.

State-by-State Teacher Policy Yearbook

The NCTQ also publishes a “State Teacher Policy Yearbook” that provides detailed analysis of state policies affecting teachers. The Yearbook is a 52-volume encyclopedia (51 state reports including the District of Columbia plus a national summary) produced every other year, measuring states’ policies against a realistic blueprint for reform.

In Summary

Pension litigation is likely to follow as states come to grips with underfunded teacher pension plans, and plan participants realize that the benefits they have been promised are insufficiently funded.

February, 2013

How Our Solar System Formed: The Answer Is Blowin 'In The Wind

Our solitary Sun blasts our daytime sky with its shimmering fires, sending both welcoming warmth and light to Earth. Our Sun, and its familiar family of planets, moons, and smaller objects, emerged about 4.56 billion years ago from jumbled relics left over from the now-dead, nuclear-fusing furnaces of ancient stars that have long since vanished – their light was switched off forever when they ran out of their necessary supply of fuel to keep them searing-hot and shining. Our Sun, as well as other stars, are born within the swirling, whirling depths of one of the many beautiful, dark, and cold molecular clouds that roam through our Milky Way Galaxy in huge numbers. When a dense pocket tucked within the undulating whorls of one of these eerie clouds collapses, under the merciless pull of its own relentless gravity, a new star is born. Yet, despite the many new discoveries scientists have made about our mysterious Cosmos, many uncertainties still remain about the birth of our own Solar System. In December 2017, researchers from the University of Chicago announced that they have laid out a new comprehensive theory for how our Solar System could have formed in the wind-blown bubbles around a giant, long-dead star.

The prevailing theory describing how our Solar System came into being proposes that it formed billions of years ago near a supernova – a powerful, brilliant stellar explosion that heralds the "death" of a massive star. According to this model, the heavy atomic elements in our Solar System, as well as on our own planet, can only be explained as the outcome of a supernova conflagration. All atomic elements, heavier than helium, that are called metals in the terminology of astronomers, were manufactured in the nuclear-fusing cores of the many stars inhabiting the Universe. The Big Bang birth of the Cosmos – thought to have occurred about 14 billion years ago – produced only the very lightest of atomic elements: hydrogen, helium, and trace quantities of lithium. The stars produced the rest, and then hurled them throughout the Universe, when they perished explosively in the fatal fires of a supernova blast. The supernova blast itself is responsible for the heaviest atomic elements of all, such as gold and uranium.

The "parent supernova" of our Solar System would have probably left behind a souvenir of its erstwhile existence in the form of either a neutron star or stellar-mass black hole . However, there is no way for astronomers to determine this. That is because our Solar System's supernova "parent", that blasted a progenitor star to smithereens between 4.5 to 5 billion years ago [the age of our Solar System] perished a long, long time ago, and there is no way for astronomers to determine what our Galaxy was like after the passage of such a vast amount of time. In addition, there is also no way to know what important events have occurred within our Galactic neighborhood between the present time and 5 billion years ago. During those 5 billion years, our Sun has roamed around our Milky Way Galaxy about 20 to 30 times. Also, the "parent supernova" relic could have experienced a number of significant events. Stars usually wander around their host galaxy – but they also travel relative to one another, and it is quite a challenge to determine the exact movements the proposed "parent" supernova – and its lingering remnants – experienced 5 billion years ago. After all this time, the "parent" supernova and its relic might have even left our Milky Way – and zipped into intergalactic space.

Many astronomers hypothesize that our infant Sun was either unceremoniously evicted from its birth cluster, or it simply drifted away from its own accord, as it traveled to more remote regions of our Milky Way Galaxy. Indeed, there may well have been as many as 3,500 of these nomadic stellar siblings, according to recent supercomputer simulations. Evidence of our Sun's birth cluster may be preserved in the anomalous chemical abundances and structure of our Solar System's distant, frigid Kuiper belt . The Kuiper belt is situated in the outer limits of our Sun's family, where a vast multitude of small – as well as not so small –icy objects circle our Star beyond the orbit of the deep-blue-banded, ice-giant planet Neptune – the outermost of the eight major planets from our Sun. Some of the frozen inhabitants of the Kuiper belt are dynamically "hot". This means that they were shaken up and scattered by the gravity of at least one of our Sun's enemy cluster siblings. These sister stars zipped closely past one another very long ago – soon after their birth. Like other open clusters, however, our Sun's birth cluster fell apart as time passed. Our Star's lost sparkling sisters have by now traveled far away, and many of them are probably lost to us forever.

Our Sun, like its shining sisters, was born within a particularly dense blob embedded within a molecular cloud . This blob eventually collapsed under the pull of its own gravity to give birth to a new star. In the secret depths of these vast, dark clouds, composed of gas and dust, fragile and delicate tendrils of material gradually merge and clump together – growing and growing for hundreds of thousands of years. Finally, squeezed together by the crush of gravity, hydrogen atoms within this clump suddenly and dramatically fuse. This lights the baby star's stellar fire that will burn for as long as the new star lives, for that is how a star is born.

All of the billions of stars in our Milky Way Galaxy were born this way – from the collapse of a dense blob tucked within a cold molecular cloud composed of gas and dust. These star-birthing clouds carry within them the newly-forged heavy metals manufactured by older generations of stars – now "dead". These giant clouds tend to mix themselves up together, thus combining their various contents. However, stars of kindred chemistry usually show up within the same clouds at about the same time.

Wolf-Rayet Stars

The new model proposed by the University of Chicago scientists differs from the "parent supernova" scenario. According to the new model, the story does not start with a supernova blast – but begins instead with a type of giant star called a Wolf-Rayet star. These stars are more than 40 to 50 times the size of our Sun.

Wolf-Rayet stars are a rare heterogeneous set of stars that display odd spectra that show prominent broad emission lines of highly ionized helium and nitrogen or carbon. The spectra suggest that there is a very high surface enhancement of heavy metals, depletion of hydrogen, and powerful stellar winds. Their surface temperatures range from 30,000 K to approximately 200,000 K, which make Wolf-Rayets hotter than most other stars.

Classic or Population I Wolf-Rayets are evolved, massive stars, that have completely lost their outer hydrogen and are in the process of fusing helium or heavier elements in their cores. All Wolf-Rayet stars are extremely luminous spheres as a result of their high temperatures. Indeed, these massive stars are so luminous that they sport a bolometric luminosity that is thousands of times that of our Sun– Population I Wolf-Rayets can be over a million times more luminous than our Star.

A trio of stars Gamma Velorum and Theta Muscae , as well as the most massive of all stars known to astronomers, R136a1 , which is located in 30 Doradus , are all Wolf-Rayet stars.

Because they are the hottest known stars, Wolf-Rayets manufacture tons of atomic elements which they hurl off their surfaces in a powerful stellar wind. As the Wolf-Rayet sheds its mass, the ferocious stellar wind shoots through the material that had been surrounding it, thus creating a bubble structure with a dense shell.

"The shell of such a bubble is a good place to produce stars," because dust and gas become imprisoned inside where they can then condense into fiery newborn stars, commented study co-author Dr. Nicolas Dauphas in a December 22, 2017 University of Chicago Press Release. Dr. Dauphas is a professor in the University of Chicago's Department of Geophysical Sciences. The study's authors estimate that 1 percent to 16 percent of all stars like our Sun could be born in just such strange stellar cradles.

How Our Solar System Formed: The Answer Is Blowin 'In The Wind

The new theory, proposed by the University of Chicago scientists, differs from the supernova model in order to explain the existence of two bewildering isotopes that occurred in strange proportions in our primordial Solar System– when compared to the rest of our Milky Way Galaxy. Meteorites lingering from the early Solar System reveal to scientists that there was a large amount of aluminum-26. Furthermore, studies increasingly indicate that our Solar System had less of the isotope iron-60 than the rest of our Galaxy.

This, of course, causes some confusion. This is because supernovae produce both isotopes. "It begs the question of why one was injected into the Solar System and the other was not," explained study co-author Dr. Vikram Dwarkadas in the December 22, 2017 University of Chicago Press Release. Dr. Dwarkadas is a research associate professor in Astronomy and Astrophysics at the University of Chicago.

This is what inspired the scientists to consider Wolf-Rayet stars , which hurl out large amounts of aluminum-26, but no iron-60.

"The idea is that aluminum-26 flung from the Wolf-Rayet star is carried outwards on grains of dust formed around the star. These grains have enough momentum to punch through one side of the shell, where they are mostly destroyed – trapping the aluminum inside the shell, "Dr. Dwarkadas explained in the University of Chicago Press Release. Ultimately, part of the shell collapses inward as a result of the pull of gravity – thus forming our Solar System.

As for the fate of the parental Wolf-Rayet star that sheltered us, and is responsible for our existence – well, its own "life" was over very long ago. This massive star probably perished in a supernova explosion, or directly collapsed to a black hole. A direct collapse to a black hole would churn out very little iron-60; if it was a supernova, the iron-60 produced in the horrific stellar explosion may not have torn through the bubble walls – or was distributed unevenly.

Other authors on the paper included University of Chicago undergraduate student Peter Boyajian and Michael Bojazi and Brad Meyer of Clemson University.

The article, titled Triggered star formation inside the shell of a Wolf-Rayet bubble as the origin of the solar system, " is published in the December 22, 2017 edition of The Astrophysical Journal.

Warren Buffet’s $5 Billion Investment

Just last night I attended a financial seminar. I knew it was going to be interesting. My first clue was the location. The seminar was hosted in a tiny restaurant in a strip mall. A bagel shop to be precise. So much for the glamour of “Wall Street.” The food was decent and the presenter was entertaining. The topic wandered a bit bouncing from the market, to insurance, to REITs. The general question being answered was what to do now with your money. What really caught my attention however was a comment from the presenter. It wasn’t anything big or earth shattering. But he said it several times. I couldn’t get it out of my head.

The comment? “Warren Buffett just bought $5 Billion Dollars worth of Goldman Sachs today!” Maybe it was the way he emphasized the words $5 Billion Dollars. Maybe it was the excitement in his voice – like he had just discovered a gold mine. Maybe it was the fact he said it twice and his co-presenters said it several times as well. Or, maybe it was the Wall Street Journal running a front page story about that very topic. Whatever it was, the statement really bugged me. Look, I’m just like everyone else. Seeing a really smart investor step up and put money on the table makes you take notice. Seeing an investing giant like Warren Buffett do it is even more influential. I started thinking about Buffett. You know, more than 10 years ago he wouldn’t comment on his investments. He had a joke that he’d tell you but then he’d have to kill you. Now he’s interviewing with Wall Street Journal reporters and calling into CNBC live.

I looked closely at this investment and it’s a no brainer. As a matter of fact, I’d put my own money into Goldman on the same terms. Does anyone happen to know the home phone number of Lloyd Blankfein the CEO of Goldman Sachs (GS)? If you do, please let him know I’m interested in investing on the same terms. Seriously. Why’s this investment a no brainer? The structure of the deal is exciting. It’s an instant win for Buffett. It’s the closest thing you can get to a guarantee in the markets. Buffett invests $5 billion dollars. Now that’s no small sum. I certainly don’t have that much money. But he’s investing in a way you and I never could. First he’s not buying stock on the open market. That $5 billion isn’t going to flow onto Wall Street. Nope. He’s buying the stock right from the company. That $5 billion is going right into the Goldman Sachs bank account. Second the security he’s buying is different. He’s not buying common stock like you or I would. He gets a special class of stock. A “Perpetual Preferred.” What’s that mean?

Two things. First his perpetual preferred gives him seniority over the common stock if, and it’s a big “if”, Goldman gets into trouble. Second it pays him a dividend perpetually – or forever. And that dividend gets paid to him before anything goes to the shareholders – that’s why they call it preferred. The dividend’s no small number either. He’s getting 10% on his money. Keep in mind, the common stock’s getting only a little more than 1% on their dividend. Warren can hold this investment forever . . . but if Goldman wants to buy it back. Well, they have to pay him a 10% premium. Sounds pretty good doesn’t it. But wait. There’s more!

That’s right the sweetheart deal for Buffett isn’t over yet. Warren also gets warrants on Goldman’s stock. Warrants are simply contracts giving the owner (Buffett) the right to buy more common stock at a fixed price for a certain amount of time. It’s like a call option but typically longer term. So Buffett gets warrants to buy another $5 billion worth of Goldman at $115 a share anytime in the next 5 years. Sounds like a good deal to me considering the stock price was much higher when the deal was being struck. Now before you dismiss this warrant, let me tell you something. This is probably the most valuable part of the entire deal. Keep in mind that today the stock’s over $136 a share and his profits will be huge. How big?

We’ll let’s see here. $5 billion invested at $115 a share gives Warren 43,478,260 shares. And $136 less $115 gives a profit of $21 per share. So $21 times 43.4 million shares (and change) means a profit of more than $913 million. A profit of $913 million on a $5 billion investment is 18.2%. That’s an annual return of over 900%. Not bad for a week’s worth of work. I think when all is said and done, Warren will make much, much more on his investment. How? He’ll wait till the stock rebounds to its 52-week high (of over $250 a share). I’ll let you figure how much he makes then.

The Economic Crisis and the $780 Billion Economic Recovery Stimulus Package

By 2009, the US economy was suffering greatly. Unemployment was on the rise, and the country was officially in recession. Understanding what happened is difficult, but one of the main problems involved housing loans. Homes are expensive, and when people want to buy one, they generally take out a mortgage, or home loan, from a bank. The bank lends the home buyers money to purchase the house, and the buyer then pays back the amount over a long period of time. The bank charges interest, which means that it makes money on the loan transaction.

In the recent past, however, bank lenders began offering mortgages to people who weren’t able to make their payments. The banks that held these subprime mortgages then sold them to investment banks. The investment banks then traded them with other banks and funds. The investment banks didn’t actually have the money to cover the cost of the loans; they had only promise that a home buyer would repay the loan someday. Because so many people could not repay their loans, the banks found themselves in big trouble.

As a result of the financial crisis, many people lost their homes, people slowed their spending, houses became less valuable, banks stopped lending money, business suffered and laid off employees, and investment banks fell apart. Because so many individuals, banks, and funds were involved, the entire economy suffered. If you find this information difficult to understand, you are not alone. Even smarted economists and business people have a hard time making sense of it all.

In early February, President Obama signed a massive economic recovery stimulus package, including more than $780 billion to help kick-start the economy.

How About a 10-Cent Cure For a Billion Dollar Disease?

Did you ever hear the old saying “Where there’s confusion, there’s opportunity”

In my opinion that “old saying” is applicable today, late November 2008 with regard to the economy, international stability or health care. We are going to talk about health care for a few minutes.

Have you observed the state of health care today in America regarding most patients and their confusion about their health conditions. It seems that they are more confused they are, the more open they are to consider medical procedures that translate into profit for those promoting them.

Let’s look into what is going on. Some heart operations are as common as a tonsillectomy was 50-60 years ago. It’s really rare to find an American over 60 years of age who isn’t taking some sort of medication for a cardiovascular problem. Also men in the 30-40 range are increasingly being prescribed for cholesterol-lowering drugs.

Now there are many studies out there that have shown that a high-fiber diet is effective in lowering the “bad” cholesterol level, but do the doctors and medical establishment as a whole recommend and provide to their patients for a plan for lowering the cholesterol before prescribing a drug? Generally no, drug first, then maybe a suggestion for a better diet and some exercise. Why don’t they provide a strict diet and exercise plan first and consider drugs as a last resort. Money. Many times the doctors get financial benefits for prescribing drugs. They get nothing for a recommendation for diet and exercise.

Let’s get down to discussing the subject of this article. More than 75 million American have high blood pressure, and it is growing every year. You are not surprised that high blood pressure is a $5 billion-a-year business for the drug companies – are you?

Did you know that doctors at the University of Chicago when studying the Oriental custom of using celery to lower hypertension discovered that celery contains the chemical 3-n-butyl phthalide. This smooths the muscles lining the blood vessels, which increases the vessel diameter and allows for easier blood flow at lower pressures.

When using the recommended Oriental dosages to lower mild cases of high blood presume, one would eat about 4 ounces of celery daily. This is about a cup of celery chopped up. Of course you could take the equivalent of the 1-cup of celery and juice it with carrots and an apple and get even more benefit. The final results was that an individual only needed to stay on this regimen for two weeks to begin to see results in a lower blood pressure. But it must be consistent. Juice every day and that means EVERY day.

As a side benefit, celery is good for anyone that has stiffness in the joints. It’s the sodium in celery that does it. A cup of celery or the equivalent in juice contains about 100mg of sodium.

So, celery is really a 10-cent treatment for a billion dollar business.

One more word about cholesterol. We have all heard in the last 20+ years that “cholesterol kills” and that we must eat cholesterol-free foods to keep us from getting heart disease. The “real truth” is that the cholesterol-free foods like margarine. Do you cruise the supermarket aisle looking for “no cholesterol” items? Well, maybe what you don’t know is that these cholesterol-free foods have a good chance of being hydrogenated. Hydrogenation is a process that converts liquid oils into semisolid fats by adding an extra hydrogen atom onto the fat molecule. Sure these altered foods are cholesterol-free, but they deplete your levels of essential fatty acids, lead to faulty cell wall construction and aberrant nerve tissue formation, and it could even add to the cardiovascular damage and CANCER.

So my advice is to not even consider any of the cholesterol-free, fat-free food items. They are garbage and offer minimal nutrient value to your body.

What do we expect from food? Vitamins and minerals to maintain our all important health and immune system. A strong immune system is what keeps from getting disease including cancer. Nutrients from food alone these days is so low that we must consider supplementation with immune boosting products such as a blend of medicinal mushrooms or an extract of cat’s claw. Stay away from cholesterol-free products and consider immune boosting supplementation.

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