Subject:
Harry Reid Harry Mason Reid (born December 2, 1939) is the senior United States Senator from Nevada, and has been the Senate’s Majority Leader since January 2007. A member of the Democratic Party, he has been leader of the Senate Democrats since 2005, serving as Minority Leader from 2005 until the Democrats won control of the Senate in the 2006 congressional elections. (Wikipedia Jan 2010)
US politics
By John Schroy, on March 31st, 2010 |

Poorly written law can sometimes be successful when the vast majority of people agree with the intent and there is bipartisan support to correct errors.
This is not the case with the Patient Protection and Affordable Care Act of 2010.
However, the most astounding thing about Obamacare is that the individual mandate is basically a misnomer — there are no penalties on individuals for not buying health insurance. Or are there? ECRV2Y9MMZ86
US Politics
By John Schroy, on March 24th, 2010 |

On March 23, 2010, President Obama signed the Patient Protection and Affordable Care Act. No one knows the full economic impact of this law. Never has legislation of such complexity and importance been passed by Congress and signed by the President on a purely partisan vote, against the wishes of the majority of the American people. The outlook for inflation has changed suddenly from a high level of probability to undetermined — uncertainty as to disbursement timing, combined with the outcome of elections in 2010 and 2012, provides possible scenarios under which things could get radically worse, or better.
Stagflation watch
By John Schroy, on March 20th, 2010 |

The lack of fiscal restraint of President Obama on the healthcare issue, the ’stimulus bill’, and other ‘progressive’ legislation in the pipeline, combined with the jobs-firsts-inflation-last attitude of Fed Chairman Bernanke — leave little room to doubt that sooner or later the United States is likely to enter the realm of double-digit inflation.
Inflation is likely be the final and deadliest blow to the retirement dreams of many Baby Boomers. When the stock market crashes, one can hope for a recovery some day. With inflation, the losses are permanent and final.
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