apparently we are the only ones dumb enough to buy them.
No, it’s underwriting the market (you know those folks that have money to invest). They could care less what happens to the common folks. Yeah, you could in a pinch say that they are protecting the 401K’s but in reality, that is bunk, they are protecting business.
Couldn't get past this...
ObamaCare is a pretend law that required extra-Constitutional activities to implement. The law was passed without reading it, bribes were used to pass it, and special considerations were given to certain states who were waffling. Some religions and Unions were exempted.
The SCOTUS violated the origination concept of the creation of taxes - taxes can only originate in the House. But, in this case, it came to the SCOTUS as a mandate to purchase a product or service and SCOTUS tortuously morphed it into a tax.
Then, after the President signed it, he changed some sections, refused to enforce some sections, and delayed some sections - all in violation of the law itself, and breaking other laws and Constitutional processes. It is not even the same law Roberts ruled on, it has change so much.
It is not the Law of the Land, it is a Law of Won Man.
The nation is going through the puking, shakes, sweating, and convulsions of Hopium withdrawal. Lets detox the country of this dangerous social drug. Let the healing begin before a second Civil War starts.
Where is the second fight in front of SCOTUS? If we are stuck with this law for 3 more years, there wont be a country left to save. We cant wait in hopes of a Republican President - we need to act NOW.
“The American people are the greatest talent pool in the world; this is a system that has always worked adequately and often well. It is a democracy, and in a democracy the people are always right and they get the government they deserve.”
As our Framers knew very well, democracies are unstable in practice and suffer violent deaths.
If a private company did this they would be hearing from the state attorney general’s office.
Or from Eric Holder’s people for a kickback.
Check kiting is a form of check fraud, involving taking advantage of the float to make use of non-existent funds in a checking or other bank account. In this way, instead of being used as a negotiable instrument, checks are misused as a form of unauthorised credit.
Kiting is commonly defined as intentionally writing a check for a value greater than the account balance from an account in one bank, then writing a check from another account in another bank, also with non-sufficient funds, with the second check serving to cover the non-existent funds from the first account.
Haven’t we been selling bonds to ourselves for a long time now? The Chicoms refused to buy them several years ago, I thought.
This is where more than $1 trillion extra debt each year is going to come from. Get used to $2 trillion deficits and a national debt growing at a 10% rate. We’ll be past $20 trillion end of next year.
"After all, Prohibition was the law of the land (under the 18th Amendment), and the politics of its widespread loss of respect for the law resulted in its repeal (21st Amendment).
The 21st Amendment did not totally end Prohibition. The individual states could then vote in local option for either being wet or dry. But the power was stripped from the Federal government to enforce prohibition anywhere.
How was that for repeal and replace?