It's a TRAP! Delay of ObamaCare illegal - Business still subject to fines.

Today the President unilaterally declared the non-implementation of a section of ObamaCare (ACA-Affordable Care Act) that seemingly will allow companies to postpone decisions about workers health care coverage and workers qualifications to fall under the program if they work more than 28 hours per week.




By what authority does he do this?


The law is the law and the effective dates is written in it, this can only be changed by an act of congress, not by a simple presidential speech. Or even an executive order.

So what happens if business owners act based on the postponement speech, fail to file the reports, fail to offer conforming healthcare programs or fail to pay the fines?

They are in violation of the law. They are subject to the many fines and penalties contained in the legislation.

If it looks too good to be true, it generally is.

Inflation and the (Rising) Cost of Living - Prepare NOW

For years the US government has consistenly understated both the rate of inflation and the impact this form of hidden taxation takes on you and your fellow citizens. The BIG MAC TM Index shows the penalty inflation applies to all of us.



Coutesy of Seeking Alpha - The Big Mac And Your Financial Health

James Cornehlsen takes us furthur along this path applying the BIG MAC TM Index results to bonds, stocks and investments, with a very worrying conclusion.

As for myself, I am a believer in commodities over the next several years verses stocks or bonds. Why? Accelerating dollar inflation and the proven track record of gold and silver. 

Prediction: Year end 2013 brings gold at $1,950 per troy ounce and silver to $55.00. And the currently overvalued stock market sinks the Dow to $11,300.