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.

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