Obama Health Care Bill

I don't know about you but life is becoming more strenuous each day. The explosion of information, especially due to the Internet, gives us too many choices of knowledge (if true) in which to stay abreast.  I like to stay informed but, like you, I have only so many hours in a day. Just recently I was reading about how bad the economy is going to tip, the devalue of our dollar, how gas, food, clothing will sky rocket, unrest in general will take place in our country, possible riots, on and on and on.  If nothing else, I am worn out from what I have been reading.

Some suggest we need to look into investing in gold and silver to help during the rough periods. I have been informed that I need to store extra gasoline, more water, and have an emergency bag ready to go if I need to leave the immediate area. Today, as a topper I read that in Obama's Health Care Bill that a new Form 1099 provision was included.

I am familiar with the 1099 form and its use but what would the connection be with the Health Care Bill and other out side sources?

To quote a recent article I read, "Section 9006 of the Patient Protection and Affordable Care Act (Public Law 111-148, signed into law by President Obama this spring) turns 1099 forms into reporting forms not only for independent contractor’s income – what they have long been used for – but also to show sales, gains and losses on purchases and sales of goods as part of a trade or business."   It looks like that could be precious metals - gold and silver.

Take a look at the article and see for yourself.  And, most of us just laughed when Nancy Pelosi said, "But we have to pass the bill so you can find out what is in it, ..." We all should have been outraged.

Article: numismaster.com
Photo credit: Junglebook

Bilderberg Group

Meeting since 1954, the Bilderberg Group consists of a highly secretive international think tank and some say they gather to decide world policy. The group is made up of the wealthiest and most power people on the earth. Others say they are seeking a one-world government. You decide for yourselves.

This year's meeting is scheduled for Switzerland, June 9-12. See what else has been happening with the Bilderbergs.