Constitutional Deception

Thu, Jun 28, 2012 - 11:50am

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.

George and Obama debate health care taxes

The metals are, of course, up against it this morning. If you haven't yet read this ( or this (, 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.


About the Author

turd [at] tfmetalsreport [dot] com ()


Jun 28, 2012 - 12:21pm

Still on (for now)


As we move into the final stage of the historic push for health reform, opponents of reform are testing the age old adage that if you only say something enough times you can somehow make it true. Yesterday, we heard a new version of the old, tired refrain that the health reform bills in Congress would raise taxes on the middle class.

So let’s set the record straight:

  • First, the health insurance reform bill being considered in the Senate does not raise taxes on families making less than $250,000 – in fact it is a substantial net tax cut for American families. The bill being considered represents a substantial net tax cut for middle income families. According to the independent Joint Committee on Taxation, the bill will provide nearly $450 billion in individual income tax cuts over the next 10 years.

Keep reading…

Jun 28, 2012 - 12:21pm

The next decision issued by scotus

the founding fathers meant bare arms not bear arms. no guns

Dr G bluefish
Jun 28, 2012 - 12:23pm

Looking at the daily silver I

Looking at the daily silver I can see what could become an inverted head and shoulders pattern which if formed would be a bullish indicator.

Possibly, but my two cents is that a bullish indicator on a daily chart, when the yearly chart shows only a downtrend, doesn't really matter much. What do I know. Again, if we are talking about $26 silver or $30 silver, I'll gladly take the 26.

I Run Bartertown
Jun 28, 2012 - 12:25pm


What are your thoughts on the observation in the other thread that a tax bill must originate in the House...and this didn't?

Probably moot, since the Justices have less understanding of the Constitution that Turdville does...but I'm curious what your take on it is.

Dr G
Jun 28, 2012 - 12:26pm

Had to be done.

Had to be done.

Jun 28, 2012 - 12:26pm
Jun 28, 2012 - 12:27pm

What Roberts May Have Signalled

You asshats voted it in, you can vote it out. Leave us alone.

Dr G
Jun 28, 2012 - 12:27pm

Thanks, Doc

That made me laugh out loud.

Be Prepared
Jun 28, 2012 - 12:27pm



Jun 28, 2012 - 12:30pm


more like SCROTus...

Jun 28, 2012 - 12:33pm

At its core

It is hard to argue with CJ Roberts. He voted to allow the "tax" based solely upon what he thought were the strict, constitutional merits. Basically, The Congress can pass taxes and that is what they did.

Again, the problem with this is that the legislation was not presented as a tax. It was presented as an insurance mandate. This is willful deception, commonly referred to as FRAUD.

Jun 28, 2012 - 12:33pm

History not rewritten

...So lots of people didn't have access to medical help, couldn't afford it. CONgress got together to do something about it.

They passed a law that said everyone had to have health insurance. This was their non-sequitor solution. More accurately, they did everything they could to destroy the ability for people to purchase the insurance they now require everyone to get.

Jun 28, 2012 - 12:33pm


Trading at an all time high on record sales of canned food, bottled water, gas cans, ammo etc...

Jun 28, 2012 - 12:35pm

Gold Tax in Obamacare?

WARNING: Video posted 21 July 2010, includes gold porn.

I don't know if this is back in play because the bill is now upheld.

Dr G
Jun 28, 2012 - 12:35pm

USD climbing back towards 83.

USD climbing back towards 83.

Jun 28, 2012 - 12:37pm

If it's just a tax

Why can't they just jack up the income tax rates and then pass it on to the insurance industry? Why do they have to make people buy something?

At some point these regulations will get so burdensome, people will just go to the underground economy and ignore it all. Just like they do in Europe. All the good deals will be under the table. Everyone will work off the books. If there is a growth industry in this country, it's the black market.

Mark my words.

Dr G
Jun 28, 2012 - 12:38pm

Awesome call on the Costco

Awesome call on the Costco stock. Straight up at the announcement point. Amazing.

Ned Braden exiledbear
Jun 28, 2012 - 12:38pm

Gaspard - Classy

Real Classy.....WTF

The Green Manalishi
Jun 28, 2012 - 12:40pm

London Grand Prix

When I read stuff like this.....

I wonder if we are all stark raving bonkers. These people like Bernie Ecclestone are planning and carrying on as if nothing is wrong with the world. Don't get me wrong, I believe we are - as the good Turd says "At the end of the great Keynesian Experiment", but when you see rich guys planning stuff like this, you have to wonder.

Pit stop at the Palace: Billionaire F1 boss Bernie Ecclestone plans £35bn 200mph street race in London

Read more:

november4 alphamorph
Jun 28, 2012 - 12:42pm

Thank you Alphamorph

Thank you Alphamorph for injecting a note of reason and sanity into the discussion on this board. The health care system in the United States is held hostage by the insurance companies. Obamacare, unfortunately, does little to change that fact. I had frankly hoped that SCOTUS would overturn the law so that Congress would ultimately return to the issue with an improved result. I favor a single payer system, but given the present order of politics here that appears impossible for at least a generation or so. The right-wing dominance of Congress will continue for at least that long. The issue of health care insurance has little or no bearing on the price of PMs. Why waste our time here with it? I wish there were a discussion board on the internet that would reserve itself for PMs alone, but alas there is none. I continue to look here for nuggets of useful information amid all the trash. Occasionally some are found, often provided by Turd, who has a fine grasp on the workings of market forces that affect PM prices. But not much else. If tyranny is ever imposed on this country, it will come from the right, led by the likes of the NRA. So relax Turd, and stick with analyzing PM prices.

Jun 28, 2012 - 12:43pm

Turkish jets as false flag

It gets more difficult to not like this guy every day.

Jun 28, 2012 - 12:43pm
ClinkinKY TF
Jun 28, 2012 - 12:46pm

Apparently the DNC reads ZH?!?

"Winning gracefully"

Former White House adviser and Executive Director of the Democrat Party Patrick Gaspard tweeted this following the SCOTUS Obamacare decision this morning:

Democrats remain classy as ever.

More… Gaspard also tweeted this but then deleted it:


My response to Patrick Gaspard:

"So is the right to bear arms, bitches" "Take that Constitutionfu*#ers"

Jun 28, 2012 - 12:49pm

Im probably gonna take a lot of heat for this but...

Aren't healthcare providers going to be double taxed? On one end they will be paying for the mandatory health insurance and on the other end paying with lower reimbursements for services. Am I incorrect? If I'm correct, healthcare providers should be exempt from the mandate.

Eric Original
Jun 28, 2012 - 12:49pm
I Run Bartertown
Jun 28, 2012 - 12:50pm

Interesting point

to me is the Medicaid component.

It seems to leave an opening for States to use $ at their discretion. Over time, as Feds raise the bar for how well the 'poor' must be provided for (significantly higher disposable income than working class already), States might more actively refuse benefits of all sorts in a conscious effort to shift their 'poor' to States more enthusiastic about transferring wealth.

Say you are PA. How about a one-time cash payment to move to MD and sign off on any future PA benefits? Imagine PA minus half of Philadelphia's could even go to your target cities with generous benefits and arrange housing, a bus ticket, pamphlets detailing all the loot to be had if you would just move away...make it easy to head for greener pastures...

Jun 28, 2012 - 12:50pm

RE: At Its' Core

You know the worst part? We were arguing over a bunch of chimeric hogwash while the actual bill no one ever saw was written or printed after passage(!!!!!) as a tax bill with tax lingo etc. buried deep within.

I am under the impression the 28% cap gains on metal was written into some "health" bill as well.

Bongo Jim
Jun 28, 2012 - 12:51pm

Voting them in and out

Good luck with that. Voter fraud and an obedient lap dog MSM will insure that Obummer and a multitude of idiots get re-elected. This is more rigged than Vegas.

Jun 28, 2012 - 12:52pm


went long at $26-80. I blame Turd

Dagney Taggart
Jun 28, 2012 - 12:52pm

On Deceptive Contracting....

I invoke UCC 1-207 / 1-308.


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