You may still be able to get out from under the yoke of Obamacare, at least temporarily.
If you are one of the unfortunate millions, who have received a cancellation notice from your health insurance company for your individual health plan, and your insurance company still refuses to implement the "fix" President Obama announced two weeks ago whereby, "insurers can extend current plans that otherwise would be canceled into 2014 and Americans whose plans have been canceled can choose to re-enroll in the same kind of plan," you may still be able to avoid the brunt of Obamacare and it's mandated penalties at least through the end of 2014.
If you are hoping to get health insurance through one of the newly minted marketplace health insurance exchanges, beware, some of the information posted on the government websites may mislead you. Worse yet, representatives answering your questions may give you incorrect information.
With world's attention turned to unrest in the Arab countries and now the earthquakes in Japan, it is easy to see why last Friday's murder in the Samaria region of Israel went mostly unreported by the mainstream media in the US. A Jewish couple and their three kids - the youngest was only three months old, were murdered by a terrorist. A group affiliated with Abbas’ Fatah faction claimed responsibility.
Whoever says that the dollar doesn't buy what it used to, obviously has not shopped JC Penney this quarter. JC Penney ran multiple and often stackable simultaneous promotions through December and early January. Judging by their holiday season sales results, all the efforts paid off in the form of higher top-line numbers. Revenue at stores open at least a year rose 3.7 percent in December, beating the 3.3 percent consensus analysts expectations. Customers who don't normally shop JC Penney came to snatch up some rather amazing deals.
We all know by now that a very political compromise has been reahced between members of Congress and the White House on the extension of unemployment benefits for an additional 13 months and of the so called Bush Tax cuts. The compromise includes additional tax cuts for the lower and middle income tax payers, some of which will come in the form of a reduction in a payroll tax.
The time has come for me to admit that buying EWJ (an exchange traded index fund of large Japanese stocks) three years ago was a mistake. Much of the rise in EWJ over the past six months was the function of the appreciating Yen, which hit a 15 year high against the $US about a month ago. It was not, however, due to underlying stocks rallying in Yen terms.
Knowing your every move has long been on big Brother's agenda. One step in this direction was the development of RFID technology and its voluntary use for identifying pets. (RFID is a little chip that can be embedded under the skin.) The next step is to require RFIDs in all the animals that enter our food supply. This is the purpose of Senate bill S.510, strongly supported by the Obama administration. It is hiding under the guise of FDA Food Safety Modernization Act, a piece of food chain protection legislation, but safety is not what this Senate bill is about.
A couple of weeks ago I got a promotional eFax email offer for a custom embroidered logo Jersey from Queensboro. I usually ignore such spam, but this time I just could not resist. I have never heard of Queensboro and I didn't really need a logo shirt, but the price was certainly right at $0.75 with everything included, even shipping. So, I decided to give it a try, uploaded my company's (Baraban.Com) logo, place the order and anxiously waited.
Both Texas Instruments (TXN) and du Pont (DD) appear to have reached their fair values recently. I sold both this morning. DD was sold at $48.35/share and TXN at $31.17/share. Even though it is at fair value, it is possible that TXN has further to run up from here; it is much less likely for DD. I purchased DD on March 8, 2006 at $40.31/share and have held it through thick and thin until now for a total return including dividends and excluding commissions of 35.8%.
Currently $US is plumbing the lows of the up-trending channel it has carved out for itself over the past 3 years. vs. a basket of currencies (the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc) tracked by the Deutsche Bank Long US Dollar Futures Index. Cycles have been getting progressively shorter, so it looks like the next leg up should take three to six months, in which time the $US should appreciate as much as 20%.