Monday, January 31, 2011

Obamacare is doomed

SCOTUS will have the final say of course, but this sure sounds like the death knell to me:

"Because the individual mandate is unconstitutional and not severable the entire Act must be declared void."

Now if I could just figure out how to use my gift of prophecy (or is it a curse?) to pick stocks.


Anonymous said...

Once again, this is 2 cour rulings against and 2 for. Thinking this is the death knell is incredibally partisan and knaive. It is at best, the 3rd bell of a three round fight and the first 2 rounds have been lost already (Passing, attempt to repeal overiding Obama's veto, Supreme Court)

Not saying it can't be done, but you are WAY too optimistic about a rather long shot chance.

Ron said...

The significant development here is not the court ruling per se, but the new (as far as I know -- I had not seen anyone mention this before) observation that there is no severability clause. That lowers the bar considerably for any judge who is already inclined to rule that the act is an unconstitutional overreach of power by Congress.

The Democrats lost this fight the day they allowed the debate to be framed in terms of "making people buy health insurance." It's not the first time liberals have lost a war by ceding the terminological high ground to conservatives.

Dennis Gorelik said...

How to pick stocks? Just do what you did in the past: pick a startup you would like to work for and invest into them.

dogg724 said...

Nailed it.