Herb Kay's S.O.S. System
  April 6, 2010
  "I'm Herb Kay and the most important thing to know about me is that I'm not going to lie to you or pull your chain. Ever. In my S.O.S. Guides, I give you, well, guidance, in a straight-talking and step-by-step way. The website offers the "advice side" of my system. Here, in my blog, I'm going to dig a little deeper and get a little grittier. That's the opinion side of my system. Will I say something that might shock you? Maybe. Will I ruffle some feathers? Perhaps. Will you close the page with some food for thought? Absolutely."

The Herb Kay Way is the straight forward, never-mince-words way. Check out Herb's latest blog on your money, your career, your debt, the economy and the world we live in.
 
Pursuing Worthwile Goals
When Downsizing is a Powerful Tool
Can We Address the Important Issues?
Just a Sentence or Two.....
A Dose of Reality
Getting Involved and Taking a Stand
Study Up on Your Loans
Drop Back Ten and Punt!
Who Can you Depend On?
Some Sobering News About the Economy
Grab a Beer and Take the Slide Home......
Another Loophole, Another Lesson
What is Your Core Conversation?
Loyalty and Leadership
The Argument for Being a Grownup
The 'Business' of Complaints
Electricity in the Air......
Taking a Hard Look at the Figures
A Public Life
My "Advice" to You
Perspective vs. History
Worried Sick!
It's About the Kids!
Gooooooooaaaallll?
Where Will the Money Come From?
Immigration Arguments: Debunked!
Blame Policy, Not Banks
Happy Birthday America!
Crony Capitalism
G8/20 and What That Means For You!
Our Economy and the Free Market
Building a Bubble?
"Fixing" Our Problems
The $20 Billion SNAFU
A Screaming Deal!
Action Breeds Success!
It's Going to Take Some Effort!
Getting Our Lives Back
For Better or Worse......... I Prefer Better
The Pressure to be President.......
This Great Nation......
Financial Reform - Ha...what a joke!
Municipal Bonds are a thing of the Past!
Feeling Good!
Moving Forward
The Signs Are All Around Us
It's a Grim Diagnosis
Oh, the Pressure.....
The Big Fat Greek Fallout
It's Getting Ugly......
Perfection is a Myth
Be Different
Moving on While Moving Ahead
An Immigration Abomination
I've Got a Question.......
Logic vs. The Logistics of Inflation
The Free Market - Greed at its Very Best
Informed on Inflation
Don't Fix What Isn't Broken
Harnessing Energy - The Herb Kay Way
Staying Ahead of the Curve
What Trade Deficit?
Greek to Me
There's a Bridge in Brooklyn......
Problems That Don't Exist
Don't Invest in Mediocrity
The Fed's Mutually Exclusive Roles
Deadly Serious
Election Year Scapegoats
"Willfully Insane"
Balancing your Beliefs - How Our Political Convictions Influence the Debate Over the Economy
Let's Reward the Renters
Don't Plug the Hole.......Replace the Bucket!
Europe's Safety Net
The Collapse of the System
Apple Makes a Lemon
Pot, Capitalism & The Free Market
Who is Your Banker?
Real Estate? Now is NOT the Time!
Grading on a Curve
When the Inflation Stars Align
When Foolishness Goes International....
The Recovery?
The Competitive Advantage of Reaganomics
What Wednesday Brings.....
Stopping The Addiction
Signing On The Dotted Line
Be Optimistic - Not Foolish
The Real Story
Selling Your House (and your credit) Short!
The Entitlement State
It's Anyone's Guess
Ask, And You Just Might Receive
Crazy Like A Fox!
It's Only Tuesday!
Spending Some Time - Cutting Spending
There's No Such Thing As Easy Money!
What Exactly is Responsible Borrowing?
Just Bite The Bullet
With Change Comes Turmoil
Q & A......The Herb Kay Way!
Wanna Bet? Gamble on Inflation!
A Lesson on Education
Two Different Beasts: Why Price Does Not Equal Wealth
For this Party - Three's a Crowd
Good Luck With All of That!
Dear Mr. Bank President:
It's Not That Simple
Raising the Stakes
State of The Union: The Herb Kay Way!
Capital Gains - Your Pains!
Cooking the Books
What's in a Name?
Questionable Choices: Healthcare Reform
And the Person of the Year Is......
A History Lesson
Goverment's Stimulus Fairytale
Let's Hope I'm Wrong
Fake Money = Real Problems
Collectors Lie
35 Million Americans Can't Be Wrong
Simple Truths, Simple Lies
Lending and The Federal Reserve: Why Making Banks Rich Again Will be Bad for the Economy
Are You Health Care Aware?
Have Good Credit? With New Legislation in the Works, the Question is, Who Cares?
Healthcare and the President
Tips for Choosing a Bank and the Right Bank Account
 
Deadly Serious
 

Article I of the Constitution of the United States limits Federal Power.  ObamaCare tramples these limits by mandating that all of us must buy federally approved insurance or face a tax penalty of $750 or 2% of our income, whichever is greater.  Proponents of the president's plan say that this coercion is allowed under the Commerce Clause, which allows regulation of commerce, arguing that this is not a requirement but a regulation of commerce, which in itself is an unexplainable leap of logic.  Further, they argue that the tax penalty is only that, a tax, and therefore expressly allowed by the Constitution.  Opponents say that is nonsense; this plan is essentially a form of conscription - which is totally illegal under the Constitution, except for the specifically enumerated power for Congress to declare a draft into the military. They say that is the only exception and this so-called tax is just another form of coercion.

Supporters of ObamaCare argue that the lawsuits filed by opponents are wrong-headed and silly. They argue that they won, the opponents lost, so just shut up already.  They say the lawsuits are in fact, political grandstanding and frivolous.

The thing is - they're not.  This is deadly serious stuff my friends.  The opponents are right and it is no foregone conclusion that the lawsuits now being filed by the states are going to lose.  They might win and that is the real reason that ObamaCare backers are worried.  If these suits prevail, then national healthcare might really be dead.  We can only hope so.

Great institutions always look like they are too big to fail until they do and they are brought down by what I call "mopery", meaning essentially that inertia and laziness coupled with hubris lead to their ultimate demise.  Wall Street brought itself down in the mortgage meltdown, the Catholic Church is doing its own version of self-destruction brought on by huge institutional resistance to the fact that they have been sheltering and protecting pedophiles globally for probably centuries until they had to deal with a free western press, and the very existence of the United States itself is in jeopardy brought on by well meaning people trampling their own liberties with coercive rules spending trillions of fictional dollars that they have no way of really earning.

It makes me sick to watch.  I'm rooting for the courts to be the last bastion of resistance to our self-destruction.  Go Justice Roberts!