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    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #21

    Jul 22, 2010, 04:08 AM

    The revolt is underway. It will be the peaceful transfer of power when the incumbents get dumped starting in November .


    It's even worse than you describe it Clete. They also slipped in a provision in the 1099 form expanding it's scope to tax, and even more importantly track ,the purchase of gold coins. (Section 9006 of the Patient Protection and Affordable Care Act )

    What this has to do with health care is anyone's guess . My best guess is that they completely lied about the cost associated with the takeover of almost a 5th of the US economy and are looking for all types of creative ways to fund it.

    Students of American history will recall that when Roosevelt took control of the American economy one of the thigs he did was seize the personal gold of Americans by executive order (6102) .
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
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    #22

    Jul 22, 2010, 05:07 AM
    Quote Originally Posted by tomder55 View Post
    The revolt is underway. It will be the peaceful transfer of power when the incumbents get dumped starting in November .


    It's even worse than you describe it Clete. They also slipped in a provision in the 1099 form expanding it's scope to tax, and even more importantly track ,the purchase of gold coins. (Section 9006 of the Patient Protection and Affordable Care Act )

    What this has to do with health care is anyone's guess . My best guess is that they completely lied about the cost associated with the takeover of almost a 5th of the US economy and are looking for all types of creative ways to fund it.

    Students of American history will recall that when Roosevelt took control of the American economy one of the thigs he did was seize the personal gold of Americans by executive order (6102) .
    Tom for a long time I have been amazed by your legislative process and the stapling of bills, and the way in which your bills are structured and the possibility that a bill could be deemed. Our government tried it recently with their climate change legislation and were forced to decouple the bills. There is an implicit evil in both our systems which allows a government with absolute majorities to do whatever they like. This is the cost of party politics, fortunately we have minor parties.

    I can't see why they would need to hide provisions regarding gold purchase since there would be records anyway, unless they have an old time view that ownership of gold is tied to speculation. Governments get very wary when people hold gold instead of currency. It will be interesting what you find embedded in your banking bills
    tomder55's Avatar
    tomder55 Posts: 1,742, Reputation: 346
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    #23

    Jul 22, 2010, 05:24 AM

    I can't see why they would need to hide provisions regarding gold purchase since there would be records anyway, unless they have an old time view that ownership of gold is tied to speculation. Governments get very wary when people hold gold instead of currency. It will be interesting what you find embedded in your banking bills
    Advertisers here are doing overtime using Excon's line to buy gold as a hedge .(funny how they also rail against other speculators in the market ) .

    Regarding the Fin-reg bill ,the primary author of the bill in the Senate ,the soon to be ex-Senator Chris Dudd ,admits that NOBODY knows what's in the bill .and we won't know until the bureaucratic wonks write the associated regulations into law .
    speechlesstx's Avatar
    speechlesstx Posts: 1,111, Reputation: 284
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    #24

    Jul 22, 2010, 06:17 AM
    Quote Originally Posted by tomder55 View Post
    Regarding the Fin-reg bill ,the primary author of the bill in the Senate ,the soon to be ex-Senator Chris Dudd ,admits that NOBODY knows what's in the bill .and we won't know until the bureaucratic wonks write the associated regulations into law .
    Strange, I said the same thing about the health care bill. So between the two bills how many thousands of pages will have to be translated into an already indecipherable federal code? It's a scary thought if you ask me... and even if you don't.

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