Subject:
Nancy Pelosi Nancy Patricia D’Alesandro Pelosi (pronounced /p??lo?si/; born March 26, 1940) is the Speaker of the United States House of Representatives. She is a member of the Democratic Party. Before being elected Speaker in the 110th Congress, she was the House Minority Leader from 2003 to 2007, holding the post during the 108th and 109th Congresses.
Since 1987, she has represented the 8th Congressional District of California, which consists of four-fifths of the City and County of San Francisco. The district was numbered as the 5th during Pelosi’s first three terms in the House.
Nancy Pelosi is the first female Speaker of the United States House of Representatives. She is also the first Italian-American and first Californian to serve as Speaker. As Speaker of the House, Pelosi is second in the line of presidential succession, following Vice President Joe Biden, which makes her the highest-ranking female politician in American history. (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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