GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Wednesday, October 23, 2013

Karl Denninger: Obama Care Could Implode Before the End of the Year

Karl Denninger of says Obama Care is destined to be a disaster. Denninger says, "What Congress calculated rather coldly is they could shove a gun up young people's backs and make them fork up the money." There are two very big problems with this, according to Denninger, "They have no reason to buy today, and the fine is insufficient motivation because it is a small fraction of the premium." Denninger predicts, "This is not going to bring down healthcare costs. This is going to accelerate costs. This is extremely bad law." Join Greg Hunter as he goes One-on-One with trader/financial analyst Karl Denninger.

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