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U.S. SUPREME COURT UPHOLDS CORE OF OBAMA HEALTH CARE

Tyler Durden's picture




 

Here we go:

  • OBAMA'S HEALTH-CARE OVERHAUL UPHELD BY U.S. SUPREME COURT
  • 5-4 decisions, with Roberts joining the court's liberals.
  • Court says federal government can’t threaten to withhold money from states that don’t fully comply on Medicaid extension
  • CHIEF JUSTICE ROBERTS SAYS MANDATE IS NOT A VALID EXERCISE OF CONGRESS' POWER UNDER COMMERCE CLAUSE AND NECESSARY AND PROPER CLAUSE
  • HEALTH LAW'S MEDICAID EXPANSION LIMITED BY U.S. SUPREME COURT -RTRS
  • ROBERTS, JOINED BY TWO JUSTICES, SAYS MEDICAID EXPANSION VIOLATES CONSTITUTION -RTRS
  • FOUR JUSTICES DISSENT, SAYING THE PATIENT PROTECTION AND AFFORDABLE CARE ACT GOES BEYOND -RTRSCONGRESSIONAL POWERS UNDER CONSTITUTION -RTRS
  • ScotusBlog conclusion: So the mandate is constitutional
  • The bottom line: the entire ACA is upheld, with the exception that the federal government's power to terminate states' Medicaid funds is narrowly read
  • The ACA is upheld as a tax, not a penalty

The bottom line from the WSJ:

A quick overview of the ruling: A divided Supreme Court upheld the constitutionality of the Obama administration’s health-care law, in one of the most anticipated high-court rulings in a generation. The court said Congress was acting within its powers under the Constitution when it required most Americans to carry health insurance or pay a penalty—the provision at the center of the two-year legal battle. It upheld the mandate as a tax, in an opinion by Chief Justice John Roberts.

 

The ruling is a victory for Democrats and President Barack Obama, who had passed the biggest reworking to the health system since the creation of Medicare in the 1960s and faced the prospect of the court nullifying their effort. It also averts disruption for hospitals, doctors and employers who have spent more than two years preparing for changes in the law.

 

Even as the law’s fate was in doubt, the administration moved ahead with implementing its provisions. It has been negotiating with states to set up exchanges where consumers can buy subsidized insurance policies and sign up millions of lower-income Americans for Medicaid. Some states, including Florida and Texas, refused to cooperate because they expected the law to be overturned.

 

For Mitt Romney, the high court\’s decision basically means he won\’t have to change his stump speech. Expected to speak later today, Mr. Romney is sure to promise to repeal the law if he\’s elected. It also means he\’ll face less pressure to offer specifics on what he\’d replace the law with — a positive for a campaign that tends to shy away from details.

And more from the WSJ's Brent Kendall

More from inside the court, from our Brent Kendall, who will be going through the ruling line by line: The court’s ruling is largely a victory for the Obama administration.  The court’s 59-page opinion rejects the government’s primary argument that Congress’s power to regulate interstate commerce gives lawmakers the authority to require citizens to buy insurance or pay a penalty.  But the court goes on to uphold the insurance mandate on other grounds.  “It is reasonable to construe what Congress has done as increasing taxes on those who have a certain amount of income, but choose to go without health insurance,” Chief Justice Roberts writes.  “Such legislation is within Congress’s power to tax.”

 

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Thu, 06/28/2012 - 10:09 | 2568207 Spastica Rex
Spastica Rex's picture

INSURANCE COMPANIES FTW!!!!!!

Thu, 06/28/2012 - 10:10 | 2568226 SheepRevolution
SheepRevolution's picture

The word "default" just keeps poping up in my head. 16 trillion in debt and counting.......

Thu, 06/28/2012 - 10:14 | 2568243 slewie the pi-rat
slewie the pi-rat's picture

we won?  L0L!!!

looks like this is temporarily bullish for risk0ff, BiCheZ!

Thu, 06/28/2012 - 10:16 | 2568264 hedgeless_horseman
hedgeless_horseman's picture

 

 

Look at UNH since The Act was passed. The stock has doubled, plus they raised the dividends.

 

Thu, 06/28/2012 - 10:17 | 2568282 redpill
redpill's picture

The US Contitution was already dead, but this qualifies as necrophilia.

Thu, 06/28/2012 - 10:20 | 2568297 hedgeless_horseman
hedgeless_horseman's picture

 

 

Look at UNH since The Act was passed. The stock has doubled, plus they raised the dividends.

Make that tripled plus raised the dividend.

http://finance.yahoo.com/q/bc?s=UNH+Basic+Chart&t=5y

Thu, 06/28/2012 - 10:23 | 2568359 whstlblwr
whstlblwr's picture

The Supreme Corporate

Thu, 06/28/2012 - 10:25 | 2568384 hedgeless_horseman
hedgeless_horseman's picture

 

 

Like I said, The Act was for health insurers.

Thu, 06/28/2012 - 10:26 | 2568396 Pladizow
Pladizow's picture

America is officially DEAD!

Thu, 06/28/2012 - 10:29 | 2568423 Precious
Precious's picture

John Roberts just gave Obama the best blow job of his life.

Thu, 06/28/2012 - 10:42 | 2568564 GMadScientist
GMadScientist's picture

Apology for the oath fuckup.

 

Thu, 06/28/2012 - 10:47 | 2568627 Precious
Precious's picture

He's looking forward to more SCOTUS S&M from Obama at the next State of the Union address.

Thu, 06/28/2012 - 10:51 | 2568666 metastar
metastar's picture

The Supreme Court is Illegitimate as is the remainder of this criminal group called government.

Thu, 06/28/2012 - 11:01 | 2568786 jekyll island
jekyll island's picture

I wonder what skeletons Obama administration discovered in Robert's closet, or was he just a mole?  

Thu, 06/28/2012 - 11:05 | 2568824 Precious
Precious's picture

John Roberts:  "LET THE CONFISCATION BEGIN".

Thu, 06/28/2012 - 11:26 | 2569029 economics9698
economics9698's picture

Lock and load mother fuckers, the bond market will collapse and this shit is about to get real.

Thu, 06/28/2012 - 11:34 | 2569069 knukles
knukles's picture

Now where was it my pa stored his old "Impeach Earl Warren" Sign?

Thu, 06/28/2012 - 11:42 | 2569133 Richard Chesler
Richard Chesler's picture

Banana Republic FTMFW!

Thu, 06/28/2012 - 11:52 | 2569189 FEDbuster
FEDbuster's picture

Soon none of this will matter.  Obamney 2012, Hasten the Collapse

Thu, 06/28/2012 - 12:11 | 2569357 BigJim
BigJim's picture

"You think healthcare is expensive now? Just wait 'til it's 'free'!" - PJ O'Rourke

Thu, 06/28/2012 - 10:52 | 2568681 camaro68ss
camaro68ss's picture

I can now be forced to buy whatever the goverment deems fit.

 

I remember the days in america when men were free..........

Thu, 06/28/2012 - 11:05 | 2568830 Waffen
Waffen's picture

Free? You must be the oldest man to ever live.

Thu, 06/28/2012 - 11:29 | 2569041 economics9698
economics9698's picture

Implants.

Thu, 06/28/2012 - 11:39 | 2569114 lynnybee
lynnybee's picture

' I remember the days in america when men were free... '     remember when we were kids & say to each other,  "It's a free country!  I can say whatever i want! "     

Thu, 06/28/2012 - 11:46 | 2569160 Captain Benny
Captain Benny's picture

Except screaming "FIRE!" in a crowded theatre...

Thu, 06/28/2012 - 14:33 | 2570165 sessinpo
sessinpo's picture

Yes, and unlike Michelle. Benedict Roberts goes all the way down.

Thu, 06/28/2012 - 10:29 | 2568429 fuu
fuu's picture

America, why work?

Thu, 06/28/2012 - 10:32 | 2568443 Buckaroo Banzai
Buckaroo Banzai's picture

Next stop: Galt's Gulch!

Thu, 06/28/2012 - 10:33 | 2568458 mayhem_korner
mayhem_korner's picture

 

 

Looks like the wolf figured out how to blow in the brick house.

dominoes, muppetz!!

Thu, 06/28/2012 - 11:11 | 2568887 Apostate2
Apostate2's picture

No, the wolf entered through the front door.

Thu, 06/28/2012 - 10:40 | 2568532 Ricky Bobby
Ricky Bobby's picture

I am on my way, cause soon the 8 lane expressway leading there will be bumber to bumper. 

Since amerika is officially over, I ask is there any where to run for those who just desire liberty?

Thu, 06/28/2012 - 10:57 | 2568742 Overfed
Overfed's picture

If you have enough money, yes, lots of places. If not, yer fucked.

Thu, 06/28/2012 - 12:00 | 2569266 Brindle702
Brindle702's picture

... must watch ...

Thu, 06/28/2012 - 11:36 | 2569079 SWCroaker
SWCroaker's picture

Ah, freedom. 

It isn't a right; it is something you have to flee your government for...

Thu, 06/28/2012 - 10:32 | 2568449 i-dog
i-dog's picture

You'd have to be on drugs to believe that the Constitution of the original 13 Protestant states of America would be upheld by a "Supreme" Court that comprises:

  • 2 Jesuits
  • 2 Knights of Malta
  • 2 Papists, and
  • 3 Jews.

LOL ... pass the bong!!

Thu, 06/28/2012 - 10:45 | 2568611 tarsubil
tarsubil's picture

They are like herpes. You might think they've gone away but they never go away.

Thu, 06/28/2012 - 12:17 | 2569394 Precious
Precious's picture

Here's your new handicapped license plate ...   [#1AHOLE]

Thu, 06/28/2012 - 10:50 | 2568624 Cthonic
Cthonic's picture

Twelve; the charter for Maryland was for a Catholic colony though the religion was outlawed there at the time of the Revolutionary War.

Thu, 06/28/2012 - 10:55 | 2568693 i-dog
i-dog's picture

OK...so Maryland maybe deserves 2 papist justices...but how/why/WTF did the rest of us get saddled with 7 Luciferians!?!

Thu, 06/28/2012 - 11:35 | 2569074 ultraticum
ultraticum's picture

Aren't Jesuits actually Papist priests?

Thu, 06/28/2012 - 13:33 | 2569860 mkhs
mkhs's picture

"Officially"

Thu, 06/28/2012 - 14:35 | 2570183 sessinpo
sessinpo's picture

And it were any other ethnic groups, wouldn't someone be saying the same thing while passing the bong.

Thu, 06/28/2012 - 10:49 | 2568633 Waffen
Waffen's picture

Seccession!!!!

Thu, 06/28/2012 - 10:58 | 2568759 Harbanger
Harbanger's picture

There's Only 1 chance left, November 6th.  Elections matter. 

Thu, 06/28/2012 - 11:02 | 2568801 LawsofPhysics
LawsofPhysics's picture

Only if you don't have a CORPORATE candidate moron.  Ron Paul 2012.

Thu, 06/28/2012 - 11:11 | 2568889 Harbanger
Harbanger's picture

If this doesn't galvanize all patriots, I don't know what will.  We're fucked but I can't lose hope.

Thu, 06/28/2012 - 11:55 | 2569210 Brindle702
Brindle702's picture

I am watching this as well.  If it doesn't galvanize the patriots then it's time to bug out.  Suggestions?

Thu, 06/28/2012 - 11:57 | 2569220 kill switch
kill switch's picture

 

If we didn't galvanize over TSA PILPHERING peoples crotches we are not galvanizing over this ,,,,,It's let's face it time ,,,We are fucked and we deserve it..

Over and out from Hong Kong...

Thu, 06/28/2012 - 12:58 | 2569691 Harbanger
Harbanger's picture

"and we deserve it..

Over and out from Hong Kong..."

I agree we deserve it, but I'm here to stay. It will be a cold day in hell before I leave my country when she needs me most.  I hope you're helping us with more than lip service.  It may look bad here now but the last place I would run to for liberty is the chicoms.

Thu, 06/28/2012 - 21:06 | 2571775 kill switch
kill switch's picture

 

You have to run from it somewhere other than where the fuck you reside now,,,,You live in a total Fascist state, you have on your hands a Continuous Creeping Coup, an insurrection against constitution and law from beginning to end,,,so, your move!!!! Stay behind for all the vegged out dumb down Amerikans that will snuff out your fucking liberty efforts like Ron Paul and Rand Paul,, By the way Rand Paul just voted against the GMO bill that would have required all companies to post the GMO in their products,,another corporate fucking shill. It's a rough thing to realize you have been completely had. I guess I feel for you in some sense..GOOD LUCK..
Thu, 06/28/2012 - 11:08 | 2568863 Waffen
Waffen's picture

I laughed out loud.

You're kidding right? From my 30+ years of observation I would say they do not matter at all.

Thu, 06/28/2012 - 11:16 | 2568933 Race Car Driver
Race Car Driver's picture

I junked ya for thinking (s)elections matter. They don't. You don't. Nothing does unless you're a club member - and you aren't.

Thu, 06/28/2012 - 11:52 | 2569185 FreedomGuy
FreedomGuy's picture

Yes, the choice between a hard and fast  leftist, Obama and a soft and slow leftist, Romney. Both have now done mandatory health plans. Now, that's what I call choice!

Thu, 06/28/2012 - 14:38 | 2570205 sessinpo
sessinpo's picture

Really?

I would imagine it would be so easily to make a half hearted attempt to have Obamacare repealed and then just say, we tried. Why would whomever is President next year want to give up so much power?

Wed, 07/11/2012 - 07:55 | 2605325 jaffa
jaffa's picture

The definitions of the various types of health care vary depending on the different cultural, political, organizational and disciplinary perspectives, there appears to be some consensus that primary care constitutes the first element of a continuing health care process, that may also include the provision of secondary and tertiary levels of care. Thanks.

Regards,

theholisticsolution.com
Thu, 06/28/2012 - 11:34 | 2569070 Rusticus
Rusticus's picture

"The Supreme Corporate"

+1

"When Fascism comes to America it will come wrapped in the Flag and waving the Healthcare Cross."

Thu, 06/28/2012 - 10:26 | 2568390 dannyboy
dannyboy's picture

HH how dare you insinuate that they had anything to do with this! The supreme court is full of upstanding respectable people you can trust to uphold the spirit and integrity of the constitution. One can feel Jefferson smiling upon America and what it has become of the republic.

 

American republic, meet banana.

Thu, 06/28/2012 - 10:26 | 2568394 world_debt_slave
world_debt_slave's picture

I wonder how many in government got the tip on this?

Thu, 06/28/2012 - 10:32 | 2568446 mayhem_korner
mayhem_korner's picture

 

 

By the time they file their 2012 tax returns, their recently-scooped-up long health care positions will have been liquidated...

Thu, 06/28/2012 - 10:52 | 2568672 Precious
Precious's picture

The individual mandate is a "tax" about as much as an AK-47 is "free speech".

Thu, 06/28/2012 - 11:02 | 2568788 LawsofPhysics
LawsofPhysics's picture

Correct, more importantly, will an individual who cannot afford this tax go to jail?  Naked tyranny folks, 200+ years later and America has come full circle.  Now about that second amendment...

Thu, 06/28/2012 - 11:39 | 2569113 SWCroaker
SWCroaker's picture

Can't pay your property tax, lose your house.  No jail.

Can't pay your health tax, lose your health. No jail.  But.... we may need to harvest an organ or two.  It are ur patriotic duty, and current fiscal constraints dictate no anesthesia for you!

Thu, 06/28/2012 - 11:33 | 2569060 Waffen
Waffen's picture

Where is Henry Bowman and Cindy Caswell when we need them?

Thu, 06/28/2012 - 10:51 | 2568670 LawsofPhysics
LawsofPhysics's picture

HH,

You are correct.  Another victory for the corporate lobby.  I wonder how many justices have loaded up on numerous medical stocks?

The CORPORATION is in full control, long fascism, freedom, not so much.

Thu, 06/28/2012 - 11:05 | 2568823 Never One Roach
Never One Roach's picture

Did the opinion mention AAPL?

...just wondering....

Thu, 06/28/2012 - 10:18 | 2568300 MillionDollarBonus_
MillionDollarBonus_'s picture

This was the right decision. Much to the dismay of masochistic doomer libertarians, Americans can now look forward to free medical care, and increased quality of life. This is a historic achievement. Universal healthcare has been the dream of progressives and intellectuals in America for decades, and now it is finally a reality.

Thu, 06/28/2012 - 10:20 | 2568321 Stackers
Stackers's picture

Yep, the Greeks are loving their access to "free" health care these days. Cant wait till they raise gasoline tax to 150+% to pay for this "free" health care.

Thu, 06/28/2012 - 10:23 | 2568364 Precious
Precious's picture

Fuck off Million Dollar Bonus shit eating scum.

Thu, 06/28/2012 - 10:31 | 2568436 BigJim
BigJim's picture

Well, I love MDB. He's pure satirical gold.

Thu, 06/28/2012 - 10:41 | 2568548 Precious
Precious's picture

The "dollar" in Million Dollar Bonus means Liberian dollars.

http://www.xe.com/ucc/convert/?Amount=1&From=LRD&To=USD

Thu, 06/28/2012 - 10:53 | 2568696 JPM Hater001
JPM Hater001's picture

As much as I appreciate the humor MDB this is not the day.  I, as are many people, am sitting here sick to my stomach.  This is serous and not a joke.  Anyone who beleive this is anything but a justified assault on our country is nuts.  Civil war is on the horizon.

Thu, 06/28/2012 - 11:07 | 2568840 t0mmyBerg
t0mmyBerg's picture

There is a small amount of hope that the right will get enough votes this flal to overturn the mandate, but it will be difficult if not impossible in the Senate.  On the other hand this decision seals Maobama's fate as a 1 term president.  It is funny that Carville pronounced the tea party dead the other day.  Methinks they just got a new lease on life.  I share your affliction though.  I am still shaking and am also sick to my stomach at the death of my nation.

Thu, 06/28/2012 - 11:13 | 2568908 mayhem_korner
mayhem_korner's picture

On the other hand this decision seals Maobama's fate as a 1 term president.

 

John Roberts just sided with the asylum wing of SCOTUS.  I wouldn't say count any fate as being sealed at the moment...

Thu, 06/28/2012 - 11:36 | 2569086 Waffen
Waffen's picture

Just stop it. Hope? There is always hope, even when they are putting you up against the wall hope will paralyze you from doing what needs to be done.

Hope wil not fix this and neither will congress.

Thu, 06/28/2012 - 11:08 | 2568859 Precious
Precious's picture

You really must be kidding me.  You think the Amercian people can't make swiss cheese of this stupid legislation.  It doesn't matter what Obama and Roberts say.  Nobody is going to follow this.  Trust me.  There are a million ways to get waivers for everybody, including getting a new president elected.

Thu, 06/28/2012 - 11:15 | 2568922 mayhem_korner
mayhem_korner's picture

 

 

There are a million remedies worse than the current malady.  In other words, trying to "undo" it may be more expensive in the short run.  Don't underestimate the power of the lunacy behind the whole thing, either...

Thu, 06/28/2012 - 11:33 | 2569063 Chupacabra-322
Chupacabra-322's picture

@ Precious,

"There are a million ways to get waivers for everybody,"

Exactly!  And, one of them is a religious waiver. 

Thu, 06/28/2012 - 11:58 | 2569232 FreedomGuy
FreedomGuy's picture

I would like to believe you, but which state will lead a charge to outright secession? They have all been immasculated and are simply subsets of the Federal government. Walter Williams puts it correctly is asking the question if we could peaceably go our separate ways. I am for this. I am for peaceably allowing all the collectivist-socialist-statists to go their own way and do all that is in their modern liberal-statist hearts but allow me a place to practice my libertarian, individualist, free market ideas...peaceably.

They cannot allow this because all collectivist states rapidly depopulate their productive class and are left with only the privelaged political class, their union hacks and the welfare class...including subsidized business, by the way.

Thu, 06/28/2012 - 11:06 | 2568839 jekyll island
jekyll island's picture

Big,

 

You are absolutely right about MDB.  He needs to start a blog, because patients are gonna have a lot of time on their hands waiting for the rationed health care that will be "provided".  

Thu, 06/28/2012 - 10:33 | 2568460 Buckaroo Banzai
Buckaroo Banzai's picture

MDB means quality trolling!

Thu, 06/28/2012 - 11:45 | 2568735 TruthInSunshine
TruthInSunshine's picture

MDB always bring s a genuine smile to my face with his deadpan comedy.

Many tens of millions of Americans (the ones that are left who are in the minority and actually pay more in revenue to the state and federal government than deficit spending-derived benefits they receive) are going to be shocked at how expensive "free health care" can be.

The biggest financial winners of SCOTUS upholding the core provisions of the act will be:

1)   Pharmaceutical companies (check out all the manner by which prescription drug re-importation will be even more severely curtailed; it should be no wonder more money is spent on health care per person on Americans than any other nations' citizens when the exact same generic statin (all made in the same Cipla factory in India) costs an American approximately 80x more than an Indian, 40x more than a Chinese citizen, 10x more than the average European, and 5x more than a Canadian.

2)  Major Insurance Companies -  They are about the get plowed with revenue from tens of millions of 'opt-in by choice or force' young Americans (who will, assuming they pay taxes on a post-refund basis, see whatever refunds they are due, up to $1,000 - and it will climb higher in future years - be confiscated by one of the big insurers). In light of the fact we still have a patchwork system vs a single-payer system, it's even more obvious (mathematically speaking) that the lowest risk pool of people in terms of health afflictions, i,e, young people, who also happen to statistically be more likely to make less money than their older fellow citizens, will bear a substantially higher financial burden in the wake of this decision, and will now essentially be subsidizing EVEN OLDER AMERICANS WITH PRIVATE, PREMIUM HEALTH INSURANCE to a degree never before thought possible.

3)  Corporations - It's going to be truly epic to see how many blue and white collar workers get notice (and who will be shocked; shocked!, I tell you) that their corporate employer will no longer offer any health care insurance or even the ability to buy into a health insurance pool as administered by a private insurer via their status as an employee of a large or medium sized company. These employees are about to discover how long the wait times and how high their deductibles and co-pays are going to be for truly shit-tastic, gulag style health care.

 

And for every 3 of the above-listed winners, there are going to be many, many, MANY more losers, both financially and health-wise.

https://s3.amazonaws.com/data.tumblr.com/tumblr_lzpduawur41qz6kbro1_1280...

Rock on with your bad ass self, Amerika, home of the most Deeply Captured, CronyCapitalistic government that money can buy!

They justify mandating carrying auto insurance (and rightly so) because people choose to drive cars, and as such, they create massive potential for economic externalities (i.e. if they smash into another car, person, building, etc.). Now, however, they're mandating carrying insurance for the privilege, ostensibly similar to the privilege of driving a motor vehicle, of breathing.

I smell budding JP Morgan and Goldman Sachs health insurance subsidiaries in the offing in the hot and humid late June air! 

If JP Morgan can make 5 billion a year administering the 'It's Free So Swipe Yo EBT' program, just imagine the profiteering that'll happen with health care from baby mommas, bitchez!

Mmmmmmmmmm! THe smell of more parasitism in the morning sponsored by Deep Capture and Corpocracy!!!!!

*This message sponsored by Brawndo: 'The Thirst Mutilator' & Carl's Jr.

Thu, 06/28/2012 - 12:02 | 2569284 FreedomGuy
FreedomGuy's picture

You are only halfway to the truth and really don't know much about markets. In the end, all will lose, even those like pharmaceuticals and insurance companies as fewer dollar have to treat more people. The bad math of ObamaCare is the idea that you can fit more treatment into roughly the same or less spending. It cannot be done and so the government will formally take over at some point in the future and force all reimbursents toward zero while maintaining huge armies of bureaucrats and taxing authorities (IRS).

There can only be winners in the sense you have winners and losers in Cuba and the old Soviet Union.

Thu, 06/28/2012 - 13:40 | 2569769 TruthInSunshine
TruthInSunshine's picture

O Rly?

All will lose?

Like TBTF best friends forever of the New York Branch (and Dudley, Geithner, The Bernank) of the Non-Federal Reserve-less Bank who have been kept afloat by trillions in taxpayer dollar (past, present and future) infusions via TARP, QE & ZIRP?

 

It would seem that you don't know much about "markets;" at least not the "new markets."

Thu, 06/28/2012 - 22:40 | 2572082 FreedomGuy
FreedomGuy's picture

Perhaps I was a bit harsh, because you are the right track. What you don't know that much about is some of the industries you are criticizing. I say that because I am in one of them and I know how and why they work differently. Suffice it to say that everyone, even whatever your industry is, work by the rules of the game presented to them. All use them as best they may to their advantage. The point is that governments write all the rules and write them for their own benefit. They occassionally change the rules and often threaten to change the rules to get the appropriate response (e.g. lobbyist money) from the vested interests.

All lose in the sense that when a nation is poorer all lose. You might like to be the ruler of N. Korea but N. Korea sucks and there is not even any wealth there to be plundered by banksters, favored industries, etc. N. Korea sucks for all but a few top dogs and I submit that they live at a lower level than a simple wealthy Californian. So, in the long run, all lose. These statist economies tend to destroy themselves over time if not corrected.

I am very familiar with markets and how they work. Economics and its relationship to governments and liberty is my passionate hobby. I helped found a local economics group and spend much time in lectures.

Thu, 06/28/2012 - 13:29 | 2569836 Kobe Beef
Kobe Beef's picture

Crony + Capitalism = Crapitalism.

Crap-it-all-ism?

Thu, 06/28/2012 - 11:25 | 2569014 El Oregonian
El Oregonian's picture

Molotov's will be a little more expensive but the effects will still be the same...

Thu, 06/28/2012 - 10:19 | 2568322 derek_vineyard
derek_vineyard's picture

MDB---are you masturbating while typing that message?

Thu, 06/28/2012 - 10:21 | 2568340 Precious
Precious's picture

I'll go to jail before these communist fuckers get a cent from me.

Thu, 06/28/2012 - 10:31 | 2568438 BigJim
BigJim's picture

That could well be true.

Thu, 06/28/2012 - 10:34 | 2568463 derek_vineyard
derek_vineyard's picture

MDB-----   your stock holdings are losing 1% today........are you happy about that (?).......... oh yea 1% of nothing is nothing and you can't divide by zero anyway

Thu, 06/28/2012 - 10:45 | 2568607 Precious
Precious's picture

Obama: "Wow BigJim. You really are big."

Thu, 06/28/2012 - 10:55 | 2568715 the not so migh...
the not so mighty maximiza's picture

free health care too

Thu, 06/28/2012 - 10:20 | 2568327 Cursive
Cursive's picture

Not today motherfucker.  Give it a rest.

Thu, 06/28/2012 - 10:25 | 2568374 Spastica Rex
Spastica Rex's picture

If we ignore it, it might go away.

Thu, 06/28/2012 - 10:34 | 2568461 augie
augie's picture

Tha'ts a dangerous game you're playing friend.

http://tinyurl.com/6av9zw5

Thu, 06/28/2012 - 10:21 | 2568346 SheepRevolution
SheepRevolution's picture

Fail.

The very same universal healthcare will ruin the US and then no one will have any healthcare.

 

Thu, 06/28/2012 - 10:28 | 2568391 Precious
Precious's picture

History will show that the unintended consequence of ACA was an exodus of Mexicans back to Mexico, and consequently the Democrats lost the Senate in 2014.

Thu, 06/28/2012 - 11:03 | 2568808 SheepRevolution
SheepRevolution's picture

Actually, as of a couple of months ago, there is a net flow of immigrants from USA to Mexico...

Thu, 06/28/2012 - 11:12 | 2568897 Precious
Precious's picture

They saw it coming.

Thu, 06/28/2012 - 10:36 | 2568492 A82EBA
A82EBA's picture

MDB gets it, he's just jerking your chain

Thu, 06/28/2012 - 10:46 | 2568613 Cursive
Cursive's picture

@A82EBA

I know the motherfucker gets it.  I know he's a troll and that's fine on most days.  This isn't trolling, it's in the realm of RobotTrader dancing on the grave of everything good and decent in our lives.

Thu, 06/28/2012 - 10:50 | 2568658 kridkrid
kridkrid's picture

No. The monetary system ruined the US. Healthcare is a tool to extend the ponzi scheme.

Fri, 06/29/2012 - 10:30 | 2573170 Bananamerican
Bananamerican's picture

Bingo.

kridkrid gets it.

Thu, 06/28/2012 - 11:35 | 2568875 jekyll island
jekyll island's picture

Sheep, 

 

I suspect you are correct.  There are almost no physicians accepting new Medicare patients now, forget medicaid.  I am a physician and I have to call and beg to get a primary care physician to see my mother-in-law.  If you knew her, you would realize the massive irony of my position.  

Thu, 06/28/2012 - 10:22 | 2568355 Northeaster
Northeaster's picture

"Americans can now look forward to free medical care, and increased quality of life." -

Pretty sure there's nothing "free" about it.

Thu, 06/28/2012 - 10:38 | 2568521 Red Heeler
Red Heeler's picture

"Pretty sure there's nothing 'free' about it."

Oh, no, my friend, it's free.

Your's is free because I pay for it. You pay nothing so it's free.

Mine is free because you pay for it. I pay nothing so, once again, it's free.

So you're asking yourself, "What about the deadbeats on the government teat who don't pay taxes?" Don't worry, they'll get a government subsidy to pay their share for someone else who gets a government subsidy to pay their share. See, it's all still free.

Thu, 06/28/2012 - 10:57 | 2568736 JPM Hater001
JPM Hater001's picture

Bright side for my PM friends.  Since our metal is hidden from the tax police we will live as Millionairs with free healthcare due to our "complete poverty."

Gobama Unintended consequences.

Anyone know a good realestate agent in Napa?  Think I'll buy me a vinyard.

Thu, 06/28/2012 - 11:17 | 2568937 JeffB
JeffB's picture

They know who you are and they're coming for your precious.

 

Thu, 06/28/2012 - 10:25 | 2568358 john_connor
john_connor's picture

Free health care does not mean quality health care, not to mention it is not free.

"Universal" health care is simply code for dilutive and reduced care for those that are already paying for health insurance.

 

Thu, 06/28/2012 - 10:34 | 2568472 johnQpublic
johnQpublic's picture

hell, its time to retire early

no worries of having no personal health care/sick care

bennies for everyone!

or

get fired

collect for 99 weeks

go on disability

medicaid

social security

no need for anyone to work

ever

the system can care for us all

christ a'mighty....open the borders and we'll take in, care for, and police the world!

america

uber alles

shoot me now

Thu, 06/28/2012 - 10:35 | 2568470 Dr. Engali
Dr. Engali's picture

 I'm so pissed that I can find no humor in your sarcasm today.

Thu, 06/28/2012 - 10:55 | 2568714 Questan1913
Questan1913's picture

 

"I''m so pissed that I can find no humor in your sarcasm today".

This ruling is nothing short of a coup d' etat effectively overthrowing the Constitution of the United States and rendering We The People  as embodied in the preamble of the document mere serfs/slaves of the Oligarch class.  A counter revolution against the Founding has just taken place, and cannot be allowed to stand.

 

Thu, 06/28/2012 - 10:38 | 2568511 duo
duo's picture

health "insurance" has morphed into anything but.  Image having to buy car insurance that covered gas, tires, ww blades, oil, etc., and you HAD to buy it from Exxon or GM.  THAT's what Obamacare is.  It's the equivalent of having to pay $5000/year for car insurance no matter how much you drive or how bad a driver you are.

Thu, 06/28/2012 - 10:48 | 2568643 Cursive
Cursive's picture

@duo

+1000000000000000000000000000000

MOVE THIS COMMENT TO THE TOP!

Thu, 06/28/2012 - 10:56 | 2568733 duo
duo's picture

how?

Thu, 06/28/2012 - 11:17 | 2568941 Cursive
Cursive's picture

@duo

Sorry, just being rhetorical.  Excellent analysis, though.

Thu, 06/28/2012 - 10:40 | 2568534 Normalcy Bias
Normalcy Bias's picture

"...Americans can now look forward to free medical care..."

Perhaps you can get some "free" medical care for your obvious retardation...

Thu, 06/28/2012 - 10:43 | 2568575 ebworthen
ebworthen's picture

MDB Said:

"Americans can look forward to Free Healthcare"

Free?  Do you mean the illegal aliens or members of CONgress and the Supine Court?

Thu, 06/28/2012 - 11:51 | 2569187 NumberNone
NumberNone's picture

"Americans can look forward to Free Healthcare" and there is the lie that half the American public believes.  When you go to the grocery store and they are giving away 'Free' samples...is it free?  Is that person handing it out not getting a salary for their time?  Did the manufacture get all the materials, food stuff, and labor at no cost?  Free means the cost comes out of someone elses pocket but at the end of the day if it's not you getting fucked for the cost then I guess it is free.

What kills me is that all these dumbasses jumping up and down celebrating this do not realize that they are the ones about to get fucked up the ass.  Take an extra $1,000 from me for Healthcare...it pisses me off but fuck it.  Take $1,000 mandatory from someone making $24K a year....ouch.  They either quit or revolt.  I think once the masses start 'eating their peas' with this bill the shit really will hit the fan. 

 

Thu, 06/28/2012 - 11:03 | 2568798 t0mmyBerg
t0mmyBerg's picture

The only good progressive is a dead progressive

Thu, 06/28/2012 - 11:12 | 2568900 Cursive
Cursive's picture

Americans can now look forward to free medical care, and increased quality of life.

FIFY:  Americans can now look forward to the Obama press conference where he gloats about his fascist power grab.

Thu, 06/28/2012 - 11:58 | 2569241 BeetleBailey
BeetleBailey's picture

Fuck right off, Million DouchebagDickwad.

If you are some set up troll, fuck off.

If you are genuinely a progressive douchebag troll - fuck right off

If you are some Tyler-generated anti-thema sarcasm blog-twat, fuck off and die.

Thu, 06/28/2012 - 14:09 | 2570045 Endgamer
Endgamer's picture

This was the wrong decision.  Much to the delight of sadistic idealist liberals, Amercians can now look forward to expensive medical care, and decreased quality of life.  This is a historic failure.  Universal healthcare has been the dream of collectivists and fear-mongerers in America for decades, and now it is finally a reality.

Thu, 06/28/2012 - 17:45 | 2571284 FreedomGuy
FreedomGuy's picture

Why stop here with the free stuff? I need and want free food, a free place to live, free cell phone and I'd really like to be free of the need to work. It' not fair if I have to do labor and trade it for the labor of others. Let others labor for me. I deserve free stuff because I exist.

Thu, 06/28/2012 - 10:19 | 2568312 dannyboy
dannyboy's picture

Yup, also if there was any doubt that the US is now a banana republic this really should be the nail in the coffin.

Thu, 06/28/2012 - 10:36 | 2568487 Upswaller
Upswaller's picture

Complete Nausea.  Makes me want to puke.  

 

Again.

Thu, 06/28/2012 - 13:01 | 2569686 Kobe Beef
Kobe Beef's picture

"Nausea? Sounds like you need to buy more Health Insurance, comrade"

-Dr. Barack Obama

I know what you mean. The USSA makes me wanna puke too. But what did you expect? This is the USSA--nothing ever gets better. It's all worse, all the time. If I knew how to say that in Latin, I'd engrave it on the new Amero.

Leave while you still can,

Beef

 

PS: omnes peius, omnes in tempore.

Thu, 06/28/2012 - 10:34 | 2568469 Chuck Norris
Chuck Norris's picture

So this is how liberty dies: With thunderous applause

Thu, 06/28/2012 - 11:05 | 2568836 Dr. No
Dr. No's picture

Give them a flying drop kick please.....

Thu, 06/28/2012 - 17:46 | 2569313 FreedomGuy
FreedomGuy's picture

Even Hitler was elected. We bury ourselves proclaiming we are doing good.

Hundreds of years in the future I wonder how history will view America. We had the greatest freedom in the world where men ruled their own lives and then we gave it away. No foreign armies involved. We sold ourselves out for various forms of government checks...checks that are drawn on empty bank accounts.

Thu, 06/28/2012 - 10:39 | 2568522 Stoploss
Stoploss's picture

More like corpse bowel evacuation, it's over.

US Constitution is dead, dead, dead..

Time to start cleaning barrels.

Thu, 06/28/2012 - 11:02 | 2568785 A Nanny Moose
A Nanny Moose's picture

The march toward Fascism continues.

Thu, 06/28/2012 - 11:14 | 2568914 jonan
jonan's picture

i thought that was only kosher in egypt...

Thu, 06/28/2012 - 11:16 | 2568929 FreedomGuy
FreedomGuy's picture

What this ruling says is that you can do anything you like to the American people as long as you label it properly. Could the government put you in a labor camp if they called it a labor tax? Can they force you to buy Chevy's from Government Motors if it is a car tax? Seems so.

This confirms my impression of the modern Supreme Court. The Court essentially rules that the Constitution says nothing or to put it another way; the Constitution says the government can do whatever it likes. Let's just be honest and say that there is no Constitution and Congress can vote to do whatever it likes in the name of the collective good...or the good of their reelection.

I personally believe this bill was designed to fail with the ultimate goal of complete direct government takeover of healthcare. The Supreme Court just opened the doors wide and gave permission by telling them how to do it.

For those who love liberty as I do...what is the next best country to move to if you still have to work for a living?

Could we get a peaceful secesssion of states that want to go libertarian? Even one state would do it. I'd sell out and be there tomorrow.

Thu, 06/28/2012 - 13:08 | 2569735 Kobe Beef
Kobe Beef's picture

After Fukushima, you probably need to be checking out the Southern Hemisphere. In the meantime, and for all eternity:

Free Texas!

Thu, 06/28/2012 - 13:44 | 2569927 Melin
Melin's picture

redpill,

sgtreport posted your comment on their site

Thu, 06/28/2012 - 10:16 | 2568283 HoofHearted
HoofHearted's picture

And Texas and Arizona will announce intent to secede in 3...2...1

Thu, 06/28/2012 - 10:18 | 2568303 Stackers
Stackers's picture

Anyone want to split a small island off the coast of Belize with me ????

Thu, 06/28/2012 - 10:22 | 2568349 Precious
Precious's picture

Call Larry Ellison.

Thu, 06/28/2012 - 10:32 | 2568448 HoofHearted
HoofHearted's picture

If we can all go and recover our gold and silver that are at the bottom of various lakes, rivers, and oceans, then we could probably buy an island of reasonable size. We could call it the Isle of Tylers and institute lots of non-policies. There are doctors and farmers on ZH, mechanics and academics. We don't need no stinkin' USSA.

Thu, 06/28/2012 - 12:11 | 2569354 FreedomGuy
FreedomGuy's picture

I am so "in" on that idea. Are there enough of us to overthrow some small Central American dictator and do a true free country? I am an ex-soldier...a little older but I'd sign up for that. I'd hug and defend every libertarian ZH'er that wanted to come. I think we'd have enough people to make it work. We have to figure out how to keep out the stupid fucking collectivists who follow productive people everywhere and institute this crap...you know, liberal Californians. They have nearly wrecked my state and will do it over and over like locusts everywhere they go.

Thu, 06/28/2012 - 10:50 | 2568665 CoolBeans
CoolBeans's picture

We are SO in.

If Congress doesn't help us out - we are out of here.

We will NOT comply....will leave first.

Thu, 06/28/2012 - 10:54 | 2568703 A Nanny Moose
A Nanny Moose's picture

I'm holding out for a used aircraft carrier after the liquidation begins. Anybody know how to operate a nuke plant?

Thu, 06/28/2012 - 11:13 | 2568909 X86BSD
X86BSD's picture

Im in!

Thu, 06/28/2012 - 10:19 | 2568310 PartysOver
PartysOver's picture

Relocating to Tx or AZ ASAP.

Thu, 06/28/2012 - 10:37 | 2568500 jayman21
jayman21's picture

I going to wait for the succession first.  Then....Right behind you!

 

Anyone know how Iceland is doing?  Simon, you have not covered Iceland lately.

 

 

Thu, 06/28/2012 - 10:29 | 2568428 Dr. Kenneth Noi...
Dr. Kenneth Noisewater's picture

On my list of reasons that I decided to move to TX was the possibility of secession.  Remote, perhaps, but not impossible.  TX has its own power grid, its own natural resources, and language in its constitution and the joining agreement to allow for secession.

 

Someday I hope to renounce my US citizenship and tax burden, and just have my citizenship in the Republic of Texas.  As long as there's no extradition treaty to the US for nonviolent crimes!

Thu, 06/28/2012 - 10:52 | 2568685 buzzardsluck
buzzardsluck's picture

Every state joined willingly which means they can leave willingly at anytime.  Some just believe this to be untrue because we lost the first round...

 

No state will seceed, they are controlled by the same people that control the federal govt.  Now, large groups of pissed off people might do it but it won't be supported by the state govt.

Thu, 06/28/2012 - 11:10 | 2568851 LawsofPhysics
LawsofPhysics's picture

Bullshit.  Tell me moron, what happens when folks start going to jail because they cannot afford this tax?  Naked tyranny fool.  200+ years later and America has come full circle.  All bets off now, especially for states with abundant natural resources.  All economies are local and becoming more local by the second.  Neighbors can only betray their neighbors for so long.  Good luck with that "loyalty to the Fed" meme.

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