Interesting new you tube videoworth a watch

Interesting summation of the fast approaching debt bombthat is at an extreme. Where will this refinancing money come from? And this is just the debt the US is dealing with. International debt compounds the problem. This can't be good for interest rates which broke out today which will simply aggravate the problem.

When you add in sentimentfor the short to mid term currently at extremes,  the market upside could be very limited considering how over bought it is. This is the definition of a very risky market. Cash and inverse bonds are looking good here.

Here is another sentiment indicatorreaching extremes that in the past has warned of a market change in direction. Could earnings season soon upon us be the trigger?

As a follow up on an earlier post, as more information is found out, this is turning into just another government disaster. Not only will it be much cheaper to opt out of 'Healthcare' than actually pay for insurance for most people, especially if you are young and healthy, but companies will drop coverage and lay off individuals, and smaller companies will stop hiring before they hit the 50 employee threshold where many penalities take hold.

Now, to totally make this ultimately into a single payer government run plan quickly, it turns out the IRS may have no authority to taxyou as it's written, collect the fine or penalize you financially or criminally if you choose not to pay. There appears to be no enforceable penalty for non compliance. Whether this was poorly written or simply a back door way to have government run the entire industry without admitting it, it's likely where we are quickly headed.  To provide healthcare for all with few paying for it doesn't sound like a great formula for the countries survival, considering we are already virtually insolvent. 

So as it currently stands, if this entire plan is not shot down as being unconstitutional or rewritten, it will ultimately be silly to pay for insurance until you may need it as you can't be turned down, the penalty is 'relatively' small and the enforcement questionable at best.  Soon, the only function of an insurance company will be to do the paper work for the money losing government coverage if they need to exist at all. Employees of insurance companies will soon be looking for jobs with the government with few working people left in the private sector to support them. Still not seeing how insurance companies are good investments at this point. Oh...I recommend you don't actually need care soon.

Many healthcare stocks are going up in anticipation of people being 'forced' to buy policies. Assuming it isn't stopped as being unconstitutional as our founders intended, everything I read infers the penalty will average far less than most new policies. Once people learn this, they will opt out and wait for the IRS to track them down and pay the penalty. Because you can't be turned down, you can buy the insurance when you need it only and drop it again after you use it. For routine care, you can pay cash and negotiate. If will be far cheaper to pay the penalty than for insurance in most cases.

This entire program relies on the young and healthy who don't need it to subsidize the old and sick who do. But the young may just opt out. This will turn out to be just another big government tax and little about healthcare. Rates will be going up not down, as insurance companies are now forced to cover everyone regardless of ailment. Companies currently covering employees will drop out due to higher rates and give the job to the government. Very soon, insurance companies will likely be good shorts, not the buys they are perceived today. Should be interesting to watch.

This articlehas a more detailed view.