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Tuesday, 20 July 2010

Something Weimar.........from Rico

Something Weimar this way comes.

I do not like the similarities between 1930 and 2008...or to NOW, to be honest.

Dow 7500-8400 ahead? Maybe.

Zimbabwe-esque (or Weimar) hyperinflation? Almost certainly.

...bet none of you noticed the 'small' part of the Obamacare bill that requires all transactions over $600 Dollars* be reported under 1099! Yeah, that was ONE of the things Madame Nancy alluded to when she said "we need to pass it, to know what's in it."


*The current 1099 rules are for over (or suspiciously near or trying to avoid) $10,000. A lower limit of $600=currency controls by the government. Get ready to 'assume the position.'


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