Wednesday, July 21, 2010

Obama going to go for the gold?

Remember Pelosi saying they had to pass the Health Care bill so we could find out what's in it:

We're finding out and not liking it much.

From Instapundit:
ABC News: Gold Coin Sellers Angered by New Tax Law
Amendment Slipped Into Health Care Legislation Would Track, Tax Coin and Bullion Transactions

Those already outraged by the president's health care legislation now have a new bone of contention -- a scarcely noticed tack-on provision to the law that puts gold coin buyers and sellers under closer government scrutiny.
Ever since FDR confiscated American's privately held gold, Democrats keep lustfully wanting to get their hands on it yet again. Given gold's main function as a hedge against inflation and watching the Democrats run the inflationary money-machine until the economy drops it seems that taxing and tracking gold sales is all part of a repeat of FDR's cunning plan to seize wealth, keep businesses confused and drowning in red tape, and worsen the recession.......

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