Article 1. Section 7. Congress shall make any law it pleases, regardless of whether the citizens were lied to, deceived or otherwise misled into supporting its passage.
At 1:30 of the clip above, noted that The Esteemed Leader of The United States says this: "No, George. You can't just make up that language and decide that that's called a tax increase". All along, through the "debate" over The Affordable Health Care for America Act, proponents claimed that the government mandate requiring every U.S. citizen to purchase health insurance or face stiff penalties, was NOT a tax increase. It was a premium for a benefit, NOT a tax increase. In upholding and affirming the constitutionality of The Act today, The U.S. Supreme Court allowed the insurance mandate as constitutional precisely because IT IS a tax.
So, by doing so, The U.S. Supreme Court has just institutionalized and approved the license of politicians to lie, deceive and mislead their constituents in order to pass whatever legislation they desire.
The argument will now be: If these politicians did this to you, then they should be held accountable and summarily voted out of office and banned from public life. Your opportunity to affect his change will come in 131 days. Will you take it? What steps are you willing to take to make this happen?
I fear, however, that anything you and I do will matter little. America is rapidly fraying and today's ruling unravels things even further.
The metals are, of course, up against it this morning. If you haven't yet read this (http://www.tfmetalsreport.com/blog/3940/lookout) or this ( http://www.tfmetalsreport.com/blog/3963/lookout-part-ii), please do so immediately. It is looking increasingly likely that the triple bottom in silver will soon fail. IF stops below 26.25 are tripped (maybe on The Globex this afternoon), silver may rapidly descend toward 25 and then continue, over the next couple of weeks, down toward 22 in a final washout move. Please be prepared for this and do not panic if it happens.
Gold is still in its 1530-1630 range but it is, of course, subject to a breakdown, too. Be vigilant.
Hang in there and don't be surprised by anything.