They actually cannot even consider tapering despite what the media's fear tactics are promoting.. The PPPI and CPI are not where they want it and the inflation rate is approaching dangerously close to deflation status. Europe is already in Deflation. . Tapering now would even hasten the event of the deflation which scares the H out of the FED.
(Reuters) - The Federal Reserve could increase the risk that the U.S. economy suffers a damaging bout of deflation if it tapers its bond buying too aggressively, a senior central banker said on Wednesday.
St. Louis Fed President James Bullard also said that he had not yet made up his mind if next month's Fed policy meeting was too soon to opt to start scaling back purchases, from a current $85 billion monthly pace.
"It is possible if you pull back too quickly you put more downward pressure on inflation and end up with inflation running below 1 percent. And then I think at that point, deflation possibilities would start to arise," he told reporters.
Why would the FED even consider tapering when we are actually approaching a serious period of deflatiion.
It seems to me that this is the opposite of what the fed would want to do when the DREADED DEFLATION could lead to a banking crisis.
Obamacare is putting pressure on health insurance companies to temporarily foot the costs for medical claims until software is written to have bills paid to doctors and hospitals, incredibly the programing fo this part of the plan has not bn wriitten yet !
he administration’s definition of ‘enrollment’ is misleading
But there’s a significant catch. What the administration is defining as “enrollment” isn’t what the private sector defines as enrollment. In the real world, you aren’t enrolled in a health plan until the insurance carrier has received your payment for the first month’s premium. The Obama administration, on the other hand, is counting as “enrolled” a person who has “selected a Marketplace plan.”
Obamacare's Website Won't Be Working By November 30 -- But What If It Isn't Working By November 2014?
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Medicare Deputy CIO: Somewhere Between '30-40%' Of Obamacare's Exchange Software Has Not Yet Been
The Obamacare Exchange Scorecard: Around 100,000 Enrollees And Five Million Cancellations
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Enrollment In Obamacare's Federal Exchange, So Far, May Only Be In 'Single Digits'
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Why does this distinction matter? Just because you’ve selected a plan on the Obamacare website doesn’t mean that you’re enrolled. First of all, selecting a plan doesn’t mean you’re signed up for it; the exchanges have had substantial problems with the so-called 834 forms that insurers need to obtain your information. As many as a third of people who have chosen a plan may not have had their information correctly sent to insurers.
Second of all, even if your information has been sent over to the insurer, you aren’t enrolled until you’ve paid for the plan, and the insurer has received your payment. And a few weeks ago, one of Obamacare’s top IT officials, Henry Chao, testified before Congress that—incredibly—the administration has yet to build the system needed to pay the insurers.
White House leaning on insurers to pay claims retroactively
As the train goes up the hill, he says buy, but when the train has long gone down the hill he still says buy, until the caboose starts to go down, the he says sell
It;s a terrible problem for me too on my desktop. Msg board will suddenly ghost ans become unusable. Will have to back out
But Obamacare gives gives certian signeees a 90 day grace period to pay their bills.
A spokeswoman on Friday said the federal government and insurers now are engaged in a "very intensive process" to identify enrollment applications that contain the so-called "834 errors," and to get them fixed so that people will actually have coverage. The errors included forms not being generated, duplicate enrollment forms, and forms with missing or erroneous data.