Constitutional Deception

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.

TF

Comments

Turd Ferguson's picture

To think that I'm some sort

MODERATOR

To think that I'm some sort of right-wing stooge who receives marching orders every day from my TeaParty masters.

What an idiot.

ClinkinKY's picture

@ peckerwood

can we quit the right/left BS

Hat Tip!
1

partisan dummies shouldn't even be posting on the main page.  take it to the forums please.  you can come back after you evolve.

besides, non of you idiots even are upset yet as half of congress just got up and walked out, to prevent a vote.  bread and circuses fools.  rant off.

------------------------------

Which side would that be?

Mudsharkbytes's picture

It's Fascism, not Socialism

From the Dictionary Reference.com:

fas·cism

  [fash-iz-uhm]  Show IPA

noun
1.
sometimes initial capital letter a governmental system led by a dictator having complete 
power, forcibly suppressing opposition and criticism, regimenting all industry, 
commerceetc., and emphasizing an aggressive nationalism and often racism.
2.
sometimes initial capital letter the philosophy, principles, or methods of fascism.
3.
initial capital letter a fascist movementespecially the one established by Mussolini in Italy 1922–43.

If congress had enacted a single payer system instead, then you could make the argument that it's socialism.  Forcing people into the arms of the health insurance industry under the legal threat of financial penalties is fascism.

ancientmoney's picture

Just wondering, Dr.G, did you actually sell physical silver?

Or did you sell SLV shares, or something similar?  I could understand selling paper (SLV shares) in a desire to try to make fiat . . . but letting go of physical silver when you may not be able to get it at lower (paper) prices would seem self-defeating . . .

El Gordo's picture

Contempt of Congress

I see where the House passed a contempt citation for AG Holder.  If contempt of congress is a crime, then I guess I'm a criminal.

Hrunner's picture

@Canadians

Ok, alphamorph et al., I respect and appreciate your points about the Canadian health system, and they are well taken.  And I would concede it is one of the better socialized systems, though today I still would not choose it over the current American system, and even more so what an unleashed free-market American system could provide.

But let me set the record straight on some of the sophistry above:

Like or not, the majority of the modern medical advances your glorious socialist systems enjoys today either directly emanated from the American medical innovation engine or was made possible by the capital investments from free-market American healthcare companies, and investors in general.  You will find exceptions to prove the rule, but just take stock of all the drugs, devices, surgical procedures you see in you as of 2012 and tell me I'm wrong.   American dollars and creative power subsidized that largess you are reaping benefits from.  I'm not saying it's a bad thing to take advantage of what you can enjoy, but spare us the sophistry.

Second, your current costs are relatively cheap because for decades, the American healthcare system, and the American economy in general has subsidized your cost by paying higher prices.  Btw, I'm generally ok with that, because wealth and resources allows a county to do that.  The big disparity in price paid by country is also an objective fact, why do you think Americans go to Canada to get drugs?  But if we destroy the healthcare incentives and the economy in general in America, you will soon enough learn the nature of your subsidies.  

Third, you have a fairly small and homogenous population that has lots of natural resources (and fair enough, you worked hard to build deserved wealth).  America over decades has absorbed untold waves of immigrants, from Irish and other Europeans, to a large population of desperately poor African slaves, and waves of equally poor immigrants from Mexico.  Btw I'm pro (legal) immigration, so it's all worked out eventually, but your system has not had to absorb anything like the percentage of poor from around the world America has.

So when you've accomplished all those things, and you still have a glorious and cost-effective system, get back to me.

tmosley's picture

Dr. G I hope for your sake

Dr. G

I hope for your sake that the paper price doesn't suddenly skyrocket, or that if it continues to fall, that you are able to get your silver back.

I firmly believe that a time of severe silver shortage is coming upon us.  The only remedy will be much Much MUCH higher prices.  As in silver more expensive than platinum for twenty years.  Wouldn't be surprised to see it ten times gold at some point, even if only for a few hours.

robov's picture

Can Ayone Say PPT

That would be your answer.

California Lawyer's picture

Dracula, Compliments Get You Everything in Life . . .

The commerce clause in the constitution, as written, provides the fed govt with the power to regulate interstate commerce.  That clause has been interpreted by various Supreme Court decisions over the years.

Originally, the constitution was given great deference, and the Supreme Court did not allow congress to interfere, that is, regulate, private commerce.  It was basically hands off to congress to slap regulations on private business.

That all basically changed following FDR's election at the start of the Great Depression.  FDR and his complicit congress wanted to enact all sorts of new laws, but the Supreme Court struck them down time after time as being unconstitutional.  The Court's rationale was that congress did not have the authority under the constitution to regulate NON-interstate commerce, and because many of FDR's laws did attempt to do just that, the laws were stricken.  

FDR countered with his court-packing plan, which was basically FDR's attempt to appoint many new "friendly" justices to the Supreme Court, bringing the number beyond the original 9, and thus giving FDR a majority.  The plan was for the new Supreme Court to then uphold the new congressional laws radically regulating private commerce.

Along the way, the justices on the court relented, seeing the writing on the wall, and upheld a piece of FDR legislation.  The cynical reason commentators later wrote about was that the sitting justices voted to keep the court institution alive, rather than see it killed by FDR's court-packing plan.  So, the court upheld the FDR era "New Deal" legislation under the commerce clause.  

The commerce clause reach was further extended from the Darby "bootstrap."  The court allowed congress to regulate strictly private, individual acts involving no commerce at all, when it reasoned that a private individual, growing wheat in his own backyard, for his own use, would nonetheless "affect" interstate commerce, thus allowing congress to regulate that individual's behavior, and prohibit the individual from growing his own wheat.

From then on, congress could do whatever it wanted under the guise that the activity sought to be regulated "affected" interstate commerce, and thus, was a proper subject for congress to regulate.

That is why, when Pelosi and the rest of them, including Obummer, when questioned about the Obummercare, never ONCE considered the unconstitutionality of it.  Congress had basically carte blanche to regulate whatever they wanted, including health care, which obviously affects interstate commerce.

This supreme court got it right, and said that congress cannot compel an individual to engage in commerce.

This court got it right under the constitution too, on the taxing power.  Congress can tax what it wants.  The theory is that if congress taxes too much, then the voters can get new legislators who can fix it.  It is NOT the job of the supreme court to decide policy issues, like taxes.  

They got it right on the constitutional issues.

They of course COULD have struck down the whole scheme based on the commerce clause, but it looks like Roberts felt like the congress could enact a penalty upon someone, in essence a tax, for not having health care insurance.  In short, taxes are raised to pay for government expenses.   If the government, the legislators, that is, decide in their wisdom to pay for everyone's health care, then the government can levy taxes upon the people accordingly.  

The bitching and moaning about this needs to be directed to the legislative branch, by voting, not by punting the difficult decisions to the supreme court.

I hope I have helped you understand this a little better.

BigChief's picture

Ron Paul Statement

Congressman Ron Paul issued the following statement on the Supreme Court’s decision to uphold most of the Patient Protection and Affordable Care Act.

“I strongly disagree with today’s decision by the Supreme Court, but I am not surprised. The Court has a dismal record when it comes to protecting liberty against unconstitutional excesses by Congress.

“Today we should remember that virtually everything government does is a ‘mandate.’ The issue is not whether Congress can compel commerce by forcing you to buy insurance, or simply compel you to pay a tax if you don’t. The issue is that this compulsion implies the use of government force against those who refuse. The fundamental hallmark of a free society should be the rejection of force. In a free society, therefore, individuals could opt out of “Obamacare” without paying a government tribute.

“Those of us in Congress who believe in individual liberty must work tirelessly to repeal this national healthcare law and reduce federal involvement in healthcare generally. Obamacare can only increase third party interference in the doctor-patient relationship, increase costs, and reduce the quality of care. Only free market medicine can restore the critical independence of doctors, reduce costs through real competition and price sensitivity, and eliminate enormous paperwork burdens. Americans will opt out of Obamacare with or without Congress, but we can seize the opportunity today by crafting the legal framework to allow them to do so

Prize Fighter's picture

Hrunner, fourth, any neighbor

Hrunner, fourth, any neighbor of America doesn't have to worry about an invasion because we pay for that security of the entire continent.  Saves a lot of moolah for social services and some very cheap seats to thumb noses at true capitalism.

Zoltan's picture

Don't Let Em Get Your Goat, Eh

Dearest Turd,

Love ya man.

Ignore the haters.  You are so above them.

And that is from a blood sucking goat killer avatar.

Z

Irksome's picture

Worst of both options

A complete free market for health care is fine, and is my preference.

A complete socialist medicine system is ok, though I would vote against it as I think it would increase cost and decrease quality.

Forcing wealth distribution from literally every citizen TO A PRIVATE ENTERPRISE is what I have a problem with.  If you are going to tax everyone, just socialize it.  But why should I pay a tax to Aetna?  At least if I pay a tax to a government healthcare system, I'm essentially an owner of that healthcare system.  

I've had a very bad day, mostly because I let the depressing things about our world get to me.  Politically we're in the shitter.  Financially, I play the market a bit, and I went from up 2% to down 1.5% in the space of 20 market manipulated minutes.  Macroeconomically we're in the water trap of the shitter.  Yet the sun is shining, my garden is growing, my family is healthy, I have a good job, and my Padres are challenging for the division.  Well, one of those last items is false, see if you can figure it out...

Dr G's picture

I sold physical. I don't do

I sold physical. I don't do paper silver. Physical only. I know I can by it back, but I don't know if the paper price will be lower. It's a gamble, but I'm a bit bored. It's been 13 months since I've sold any. I'm trying to make up for all that stuff I bought at $45+ last year.

California Lawyer's picture

Thanks, Bam

I might add, that if you agree with everything I write about PM's, then you should visit my therapist with me sometime . . .

MollyRatchet's picture

@ Dr G.

Whoa .. weren't you one of the individuals who has been telling people to continue to buy on the way down and not worry about the price ? "Just keep stacking " were your words ..am I wrong ?

Then you came out earlier today and blasted Ivars for being off on his charts ...? 

Interesting ...

MR

Basil's picture

Hey Dr G

Why are you selling now and why were you buying at $45 or more last year ?  The bullishness was frenzied then - surely a man of your experience must know to only buy when the bulls are squealing, and only to sell when the bulls are rampaging ?

You probably have more experience than me, but even so I believe you have this totally backwards. 

Prize Fighter's picture

DrG, I appreciate your

DrG, I appreciate your honesty.  It's your money and I wouldn't tell you what to do with it any sooner than I would allow someone to do the same to me.  Not that any of us are economic barometers but when stackers capitulate, max pain cant be far away.  I wish you luck on the swing trade.

Istack's picture

would be hard for me to sell

i have bought about 95% of my silver stack over todays price (as high as 42, most around 30).  i consider it a premium that i am more than willing to pay so that i can hold a physical asset.  i also have a large benjamin stack that i keep stashed as well.  i value one of the stacks more than the other.  the benjamins are there so i don't get tempted or forced to sell my silver (and to buy more silver and a pinch of gold here and there).  i hope it all works out in the end.  it may not though.

Hrunner's picture

@CaL, thanks

Cal Lawyer, thanks for thank very helpful explanation.  It's posts like that that keep me coming back to Turdville.

However, I still feel betrayed as I sit here this afternoon.  By a body that was entrusted to use the Constitution to protect the 'little guy' from an overreaching and malevolent government.

Your clear explanation of the FDR court actually reinforced my belief that social security et al. is unconstitutional.  My understanding is that taxation taxes existing commerce, income and behavior.  How can you "tax" someone sitting on their couch watching TV (and not choosing to purchase Obamacare)?

All the legal contortions and wordsmithing aside, I would ask you and our justices, Roberts included, do you honestly think the constitution was written to provide a vehicle for the government, who is not source of our rights, has no God-given intrinsic rights itself, and is merely the trustee of (some of) our rights, to compel by force (thanks Ron Paul) the citizens to buy something that the congress thinks is a good thing to buy?

rtabit's picture

SI Daily

Don't know if anyone else has posted this yet, but this touch on the channel floor line couldn't be any more perfect.  Fucking computer is fixed now, but if it was working during day I would have made a trade off this, for some reason I was thinking it was 26.03, I may think about going long if we get some strong price action tomorrow and I see good entry on smaller charts.  I'm officially calling my second bottom prediction, I think my first one was in the 30 area.

http://www.screencast.com/users/RandyTabit/folders/Silver/media/725c9e9c-9daa-4a86-95d1-340fad179f98

Really-'s picture

Turd.... Just a Question

SRV posted "Turd, we must get past the GOP talking points".

You respond with "You clearly didn't bother to take the time to read what I wrote.  All you want to do is support your agenda by claiming I spout GOP talking points.  Screw you."

It doesn't seem like you read what SRV posted... he never said you spouted GOP talking points.  Also, if you look at SRV's post he was civil,  with no profanity, which can't be said for all the posts he received in return.   I guess you showed what happens when someone responds in kind with a "screw you" right back at you.  Just curious, do you terminate conversation the same way if someone pays money to be there?  Or are they allowed to defend themselves?  I think you could have taken a couple of extra breaths and made your point differently.  However, I have a different view about what a site like this should be about.  Just my 2 cents if that's allowed.  I've been polite, hopefully I'll be allowed to stick around.  Fingers crossed...here it goes........

Yooper Rick's picture

@ Dagney Taggart

You rock Girl! You are so dead on, I luv yer style.

Louis Winthorpe III's picture

The power to ignore

I have never put so many on ignore. 

Dr G's picture

Whoa .. weren't you one of

Whoa .. weren't you one of the individuals who has been telling people to continue to buy on the way down and not worry about the price ? "Just keep stacking " were your words ..am I wrong ?

I think people should always be buying, especially with these low prices. I buy 3x a week on average. But my DCA is also below $10, so I'm fine selling some now and hopefully buying back in a couple of weeks a bit lower.

Might not work out for me. We shall see.

What do Ivars charts have to do with me selling silver?

Dyna mo hum's picture

Be sure not to forget

The waivers ..... in all fairness   http://theeconomiccollapseblog.com/archives/111-obamacare-waivers-and-counting-can-the-rest-of-us-get-waivers-from-having-to-comply-with-obamacare-please           I almost forgot too!

kliguy38's picture

Right vs Left

What is even more interesting is how they convinced many of you that believe you are neither and that you just vote for the "lesser of two evils"......that took three decades to develop... and oh how it works. hehehhehehe....

Dr G's picture

Why are you selling now and

Why are you selling now and why were you buying at $45 or more last year ?  The bullishness was frenzied then - surely a man of your experience must know to only buy when the bulls are squealing, and only to sell when the bulls are rampaging ?

​I'm selling because I'm bored. That's it. It's probably stupid, but it is what it is. My goal is to buy more at a lower price. I sold today to a LCS and got $28.50 for Maples and $29 for ASEs.

I bought at $45+ because I always buy. There hasn't been a week that has gone by since I've been stacking where I haven't bought. Before I had a job I was buying 2 oz at a time. Sometimes if I felt rich I would buy 5 oz. It's been a long process.

I largely ignore the price when it comes to buying (I only look at prices to compare and get the best deal from vendors). Buying at $45 itself doesn't hurt me as much as being utterly bored hurts me.

This is just a personal experiment, nothing more. 85% of my stack still remains. I'm not advocating that anybody sell. I haven't thrown in the towel. I'm long gold & silver.

DrkPurpleHaze's picture

Really_

Cute and baiting and the funny thing is most of us see it for what you're doing.

Come back on and deny it and be all polite and aghast that anyone dares confront you with what you'll tell us you're not implying.

Bait.

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