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Quotes about Bankruptcy from the world's top natural health / natural living authors

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"Even having insurance was no longer a guarantee that families would avoid medical bills that threatened to send them into bankruptcy. Almost half of all personal bankruptcy filings in 2001 resulted from an illness or medical bills, according to a study by academics at Harvard. And more than three-quarters of those people said they had been covered by insurance when illness struck. The surging cost of medical care was limiting opportunity in the land of opportunity. Some would-be entrepreneurs stayed in jobs that offered health benefits rather than set out on their own." - Melody Petersen, Our Daily Meds: How the Pharmaceutical Companies Transformed Themselves into Slick Marketing Machines and Hooked the Nation on Prescription Drugs (Get the book.)

"For some families, filing for personal bankruptcy may be the only way to escape the debt they've piled up. However, the recent overhaul of federal bankruptcy laws makes it even tougher to extinguish those debts. According to a Harvard study, illness and medical bills contributed to approximately half of the personal bankruptcy filings in 2001. More than 75% of the filers were insured when they incurred the debt that set them back, yet many lost coverage during their illness. WHAT YOU CAN DO If you have health insurance, there are a few things you can do to help avoid financial trouble. " - Bottom Line Health, Bottom Line's Health Breakthroughs 2007 (Get the book.)

"They were forced to file for bankruptcy. "To make a real long story real short and sad, I had to collapse everything down and lay everyone off [Miralin had 280 employees] and we all took a huge loss. And in my opinion, so did society." About five years after Miralin folded, Harvey received a phone call from one of his investors in New York, who worked for a marketing company. He had been reviewing proposals from groups vying to undertake a project for one of his clients when he came across a submission that stood out." - Adam Leith Gollne, The Fruit Hunters: A Story of Nature, Adventure, Commerce and Obsession (Get the book.)

"Despite one ethical dissenter, the board of directors of the association voted to start taking huge amounts of money from the drug companies in order to stave off bankruptcy, in return for which the association surrendered its soul to the pharmaceutical industry. A representative from the National Mental Health Association, now Mental Health America—which takes money from drug companies—said she suffered from lifelong depression, needed antidepressants, and was glad there hadn't been a black box to scare her off." - Peter Breggin, Medication Madness: A Psychiatrist Exposes the Dangers of Mood-Altering Medications (Get the book.)

"If we don't find a way to inject rational thinking into our approach to health care soon, the bankruptcy of our society may find a way for us. Clearly the system is broken, and it needs to be fixed. Sadly, in spite of all the energy that has gone into pharmaceutical development, the future of our health looks bleak. Gains in life expectancy made since the nineteenth century have slowed considerably in recent years, largely as a result of the surge in obesity. Obesity has increased by 50% over the last couple of decades, and now two thirds of Americans are obese or overweight." - J. Douglas Bremner, Before You Take that Pill: Why the Drug Industry May Be Bad for Your Health (Get the book.)

"However, the recent overhaul of federal bankruptcy laws makes it even tougher to extinguish those debts. According to a Harvard study, illness and medical bills contributed to approximately half of the personal bankruptcy filings in 2001. More than 75% of the filers were insured when they incurred the debt that set them back, yet many lost coverage during their illness. WHAT YOU CAN DO If you have health insurance, there are a few things you can do to help avoid financial trouble. "Here's the best advice I can give every American who has health insurance—understand how your policy works." - Bottom Line Health, Bottom Line's Health Breakthroughs 2007 (Get the book.)

"Not coincidentally, health problems are the major driver of bankruptcy, and then bankruptcy cycles back to be a major driver of more stress-related health problems. That's why it's important to create some kind of emotional comfort zone with money-that is, just the feeling that you have some sort of nest egg can ease your stress. And that's why socking away 10 percent of your income every month (or at least $100 every month) can start the process of giving you a backup plan." - Mehmet C. Oz., M.D. and Michael F. Roizen, M.D., You: Staying Young: The Owner's Manual for Extending Your Warranty (Get the book.)

"Web address to KB Toys, which in turn filed for bankruptcy in January 2004. The valuation the market placed on stocks such as eToys at the peak of the market in 1999 and 2000 appears absurd to many observers, and yet the influence of these observers on market prices does not seem to correct the mispricing. What could they do that would have the effect of correcting it?" - Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.)

"In the face of reduced exports, cheaper foreign imports, stringent inspectors and tariff wars, numerous Washington apple growers have declared bankruptcy or had their orchards seized in foreclosures. As farmland gets snapped up, consolidation has led to fewer, larger agricorporations controlling the industry, leaving little room for independent farmers. Eking out profits from the constricted pricing margins requires not only high production volume, but a stake in other aspects of distribution." - Adam Leith Gollne, The Fruit Hunters: A Story of Nature, Adventure, Commerce and Obsession (Get the book.)

"Not coincidentally, health problems are the major driver of bankruptcy, and then bankruptcy cycles back to be a major driver of more stress-related health problems. That's why it's important to create some kind of emotional comfort zone with money-that is, just the feeling that you have some sort of nest egg can ease your stress. And that's why socking away 10 percent of your income every month (or at least $100 every month) can start the process of giving you a backup plan." - Mehmet C. Oz., M.D. and Michael F. Roizen, M.D., You: Staying Young: The Owner's Manual for Extending Your Warranty (Get the book.)

"Pretty soon, we're locked into a vicious spiral and headed toward bankruptcy. That's a pretty fair description of what's happening to our ecological capital, but the ultimate bankruptcy won't land us in a state-run old people's home —it'll land us in a world of deserts, hunger, and freaky weather. How long before we're locked into that spiral and off to the ecological poorhouse? No one knows for sure, but the scientific consensus seems to be converging on a figure somewhere around twenty-five years from now. If we haven't stopped hemorrhaging natural capital by 2." - Alex Steffen, Worldchanging: A User's Guide for the 21st Century (Get the book.)

"MedPartners declared bankruptcy, leaving the doctors who had joined the company with nothing but their medical diplomas. As insurers continued to reduce physicians' fees, doctors found themselves being squeezed by both managed care and the PPMs, which continued to demand their pound of flesh from the physicians' shrinking reimbursements. Family practitioner Steven Myers, who worked for a clinic owned by a PPM in Pittsfield, Massachusetts, estimated that in 2000, the last year he practiced in the PPM, he cleared only $ 1 c.ooo." - Shannon Brownlee, Overtreated: Why Too Much Medicine Is Making Us Sicker and Poorer (Get the book.)

"He was, in fact, facing bankruptcy, and it wasn't long before his boss uncovered Max's grand deceptions. After his life imploded in New York, Max decamped to the West Coast, landing in Los Angeles in the early 1960s, just in time to put his lies to work once more and cash in on the California rock-and-roll scene. Soon he was managing and producing some of the biggest names in the business, and by conventional standards, he was a huge success. He had even married a woman, Danielle, whom he referred to as "the love of my life." They had a child and a new home in Beverly Hills." - Rick Foster, Greg Hicks, M.D., Jen Seda, Choosing Brilliant Health: 9 Choices That Redefine What It Takes to Create Lifelong Vitality and Well-Being (Get the book.)

"Medical bills broke the back of over 40 percent of us who declare bankruptcy. Even those who feel adequately insured are bedeviled by difficulties accessing care; those inadequately insured are tormented by them. Despite outcries, this sorry state continues to deteriorate. Why? Clearly the cause is not a lack of money. Every other resource-advantaged country indemnifies their entire population with less, usually far less, than half we expend ?and with better national health statistics. The problem must reside in the fashion in which the money is spent." - Nortin M. Hadler MD, Worried Sick: A Prescription for Health in an Overtreated America (Get the book.)

"NASDAQ in March 2001. The final step was the May 2001 sale of the eToys.com Web address to KB Toys, which in turn filed for bankruptcy in January 2004. The valuation the market placed on stocks such as eToys at the peak of the market in 1999 and 2000 appears absurd to many observers, and yet the influence of these observers on market prices does not seem to correct the mispricing. What could they do that would have the effect of correcting it?" - Brian Fagan, Floods, Famines, and Emperors: El Nino and the Fate of Civilizations (Get the book.)

"If spiritual bankruptcy is the root cause of cooked food addiction and overeating, this strategy has amazing power to bring new pleasures and meanings into life. • Must Do List: Writing down 10 a day for 10 days, itemize 100 large and small unfinished, or never begun, projects or chores, even unpleasant ones, that need attention. Use your immediate gratification activities as rewards for getting them done. • Short Fast: Take a short fast of 24-36 hours to revitalize and detoxify." - Susan E. Schenck, The Live Food Factor: The Comprehensive Guide to the Ultimate Diet for Body, Mind, Spirit & Planet (Get the book.)

"Our jobs are headed overseas and our rural communities are in bankruptcy, their culture almost gone. Foreclosures on U.S. homes rose forty-five percent in 2005, following the international bankers' elimination of long-standing bankruptcy laws. The main companies profiting in the global economy are the multinational corporations in the food industry, drug industry, banking industry/Wall Street, high-tech industry, chemical industry, and oil industry. A majority of politicians, in both political parties, have family wealth connected to these industries." - Byron J. Richards, Fight for Your Health: Exposing the FDA's Betrayal of America (Get the book.)

"The specters of downsizing, outsourcing, or bankruptcy engulf the entire workforce in an adverse context rife with job insecurity and contentious personnel issues. The adverse health consequences for these workforces are considerable. There are a number of cohort studies that render this point incontrovertible. All entail "natural" economic experiments in a setting where health outcomes were monitored. In the early 1990s, the Finnish economy suffered a considerable setback lasting several years. Many workers were dismissed." - Nortin M. Hadler MD, Worried Sick: A Prescription for Health in an Overtreated America (Get the book.)

"After awhile it would have to accept lower prices in order to avoid bankruptcy. Then one could take on the next oil company." "So what is your dream? " Gerd Schaller: "May I give a really long answer?" "Please do." Gerd Schaller: "I have a dream that our efforts join together to create a saner, better health industry. "Man has started to intervene into the natural routine processes of life and is on the verge of destroying the natural order on our planet." - Kenneth W Thomas, Ron Gilbert, Gerd Schaller, Side Effects: The Hidden Agenda of the Pharmaceutical Drug Cartel (Get the book.)

"Indeed, persistent contamination of closed cultures systems has led to serious problems for microalgae companies in California, Hawaii (not Cyanotech), and Europe—in all three cases it led to bankruptcy for these companies. Currently, a new Haematococcus production facility in Hawaii which uses small BioDomes has found that it is extremely difficult and expensive to control contamination. The economic viability of this facility is in question." - Bob Capelli, ASTAXANTHIN: Natural Astaxanthin, King of the Carotenoids (Get the book.)

"By the arrival of spring in 2002, Enron's bankruptcy became the most spectacular corporate collapse in the history of business. As the walls came tumbling down, they revealed the worst of corporate greed, an avalanche triggered by lies and fear. Losses to investors, customers, and employees were shattering—so large that a shudder was felt throughout the global economy. In the aftermath of the collapse, criminal charges were leveled at the firm's top executives." - Ray Dodd, BeliefWorks: The Art of Living Your Dreams (Get the book.)

"In the interim, PG&E, the holding corporation, filed for bankruptcy protection on April 6, 2001.45) Chevron Energy Solutions is one of the top five environmental service companies in the United States today. The vast majority of his new company's customers are major public institutions. According to Davis, "The largest consumers of energy in the United States are the federal government, and city, county, state, and school districts, and all of them have performance contracts." - David Steinman, Safe Trip to Eden: Ten Steps to Save Planet Earth from the Global Warming Meltdown (Get the book.)

"Eventually, he gave up, declared bankruptcy, and threatened to sue the USDA for its harassing tactics. The USDA tried to have the case declared moot because of the bankruptcy, but the courts denied this request. Supreme Beef, with the support of the National Meat Association and other meat industry groups, continued to pursue the case, as so much was at stake. If the USDA could shut down plants producing meat contaminated with Salmonella, as much as half the meat supply would be considered adulterated and subject to recall or destruction." - Marion Nestle, Safe Food: Bacteria, Biotechnology, and Bioterrorism (Get the book.)

"Consequently, Inslaw sought refuge in Chapter 11 bankruptcy and proceeded to sue Justice. In September 1987, federal bankruptcy judge George Bason found the Justice Department used "trickery, fraud and deceit" to take Inslaw's property, and in February 1988, Bason awarded Inslaw $8 million. Not quite one month later, Judge Bason was denied re-appointment to the bench. (In the previous four years, only four of 136 federal bankruptcy judges had been denied re-appointment.) Incredibly, Bason was replaced by S." - Carl Jensen, 20 Years of Censored News (Get the book.)

"While the chemical merchants enjoyed halcyon times through wars, panics, and depressions, bankruptcy has defined our farming and rural communities ever since the Civil War and the Panic of 1873. When chemicals began to be widely used in American agriculture in the late 1880s, there were more than four million farmers who farmed about six hundred million acres. By the Great Depression, nearly seven million farmers farmed 1.2 billion acres.4 Today there are only a million farmers left, but they still farm about 1.2 billion acres. Nearly 50 percent of U.S." - Will Allen, The War on Bugs (Get the book.)

"In 1980, the Government Patent Policy Act opened a floodgate of government research and development money to universities and private firms, then allowed these recipients to keep the patents and profits on products developed with public funds. 2. "Bankruptcy Bailouts" by Laurence H. Kallen. In 1986, the new bankruptcy code was established. Chapter 11 of this code, known as business reorganization under protection and supervision of a bankruptcy court, has allowed corporations, many of them solvent, to jettison debts." - Carl Jensen, 20 Years of Censored News (Get the book.)

"He perceives it as the most powerful force driving the United States toward bankruptcy. With one stroke of the pen, Walker says, the federal government increased existing Medicare obligations nearly 40 percent over the next 75 years. "We'd have to have eight trillion dollars today, invested in treasury rates, to deliver on that promise," Walker explains. Asked how much we actually have, Walker says, "Zip." In addition to the financial fiasco, the plan forces millions of older Americans to accept inferior drug coverage." - Andreas Moritz, Timeless Secrets of Health & Rejuvenation: Unleash The Natural Healing Power That Lies Dormant Within You (Get the book.)

"We were talking about having kids, and then I ran into serious business difficulties—only avoided bankruptcy by a tiny margin. The stress got to be too much, and I gave in again." "I know it sounds weird, but in a way it's a good thing Tom had those business problems. It showed us his being sober wasn't solid, yet. Something inside told me not to let go of that promise I made to never expose my children to alcoholism. There was one other thing, too. I'd been here, told you my health history, and you suggested I try some things based just on my family history of alcoholism." - Jonathan V. Wright, M.D. and Alan R. Gaby, M.D., Natural Medicine, Optimal Wellness: The Patient's Guide to Health and Healing (Get the book.)

"Many of them cannot afford to buy their own coverage and live one serious illness away from financial devastation and bankruptcy. And millions of others work at jobs that they hate just because it provides health insurance. Teaching a class to seventeen- and eighteen-year-olds, I discovered that one of the most popular topics was "The Most Accepted Religion in the U.S." These teenagers knew that while the United States is pre-dominandy Christian, the true religion of the majority of Americans is something quite different. The true belief system is a worship of industrialism and consumerism." - Bruce E. Levine, Surviving America's Depression Epidemic: How to Find Morale, Energy, and Community in a World Gone Crazy (Get the book.)

"You don't need us to tell you the kinds of things that fit this category; things like a divorce, a move, a job change, a death in the family, a sudden illness, and bankruptcy aren't exactly on the same level as a cell-phone battery dying. The stats show that three major life events in a one-year period will make your body feel and act as though it were thirty-two years older in the following year—meaning that it's especially important to develop coping strategies and support systems to sustain you in times of crisis. How do these types of stress affect us?" - Mehmet C. Oz., M.D. and Michael F. Roizen, M.D., You: Staying Young: The Owner's Manual for Extending Your Warranty (Get the book.)

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