Wednesday, November 26, 2014

Executive Order (Action) Offers Firms $3,000 Incentive to Hire Newly Legalized Illegals Over Americans

 Do you fully comprehend the economic ramifications to the President's Executive Order on illegals in American?  The Washington Times states it as follows:

"Under the President’s new amnesty, businesses will have a $3,000-per-employee incentive to hire illegal immigrants over native-born workers because of a quirk of Obamacare.

President Obama’s temporary amnesty, which lasts three years, declares up to 5 million illegal immigrants to be lawfully in the country and eligible for work permits, but it still deems them ineligible for public benefits such as buying insurance on Obamacare’s health exchanges."

Under the Affordable Care Act, businesses with 50 or more employees are supposed to provide insurance coverage to their full-time workers, which goes into effect in 2015.  If they refuse, they are assessed a penalty.  But, because the newly legalized illegal immigrants covered by President Obama’s Executive Order can not sign up for the exchanges or receive subsidies, employers aren’t penalized for hiring them.

Did you get that?  If not, let me restate it this way: American jobs are now going to go to the 5 million legalized illegal immigrants, because they are $3,000 a year cheaper to hire than you!  Why?  Because they're exempt from the requirements of the Affordable Health Care while you, of course, Mr. and Mrs. American are not.

Monday, November 24, 2014

Federal Budget Expenditures

The following video provides a great "learning insight" to the budget categories by percentage of total federal expenditures.  You just might be surprised at what you learn!


Tuesday, November 18, 2014

Do You Know the Legal Ramifications of Your Bank Deposits?


I didn't think so!  Let me explain about the legal ramifications of those so-called deposits.  For nearly 200 hours, the courts have sanctioned an interpretation of the term "deposits" to mean "NOT" funds that you deliver for safekeeping but a "loan" to your bank.  Let me repeat that statement this way.  You bank balance is an "IOU" from the bank to you, even though there is no "loan contract and no required interest payment."  Yes, legally speaking, you have a claim on your money deposited in the bank, but practically speaking, you have a claim only on the "loans" that the bank makes with your money.  In other words, your money is only as "safe" as the bank's loan portfolio.

Keep an eye on your bank, just like you monitor your credit reports and scores.  How does one do that?  Well, check-out Veribanc, which, for a small fee, rates the overall financial health of financial institutions, and the FDIC.

Monday, November 17, 2014

Commonality Between Wall Street and Homeless Children?

The answer is easy.  Both are at an "all-time high," which is a very sad commentary about our society.  "1 in every 30 children" are homeless in the wealthiness country in the world. Our society has become totally absorbed with the underlying concept of "selfies." Where is the moral outrage for the less privilege ones in our society?  Very shameful, indeed.


Friday, November 14, 2014

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You can, also, follow me on Twitter @ Twitter.com/debauche.

Gap Fill on $SLV?

For those of you that might be looking for a "silver trade," you may want to look at the following chart on $SLV.  If so inclined, the instrument to consider is AGQ, which is leveraged at 2x the price of silver.  Currently, AGQ is at $39.80.