As you can imagine, the Obamacare fiasco isn’t the best news I have heard today. There is not much to say about it that has not already been said on Facebooks, but a few commentators have (as usual) said it better than most. A poignant reflection, at EPJ, focuses on the most important implication of the law:
How You Can Find Out How Obamacare Will Impact You…?
Read the Act.
The House version of the Obamacare bill was 1990 pages. There is no one in the world that knows every detail of this or the final Act that is now law, given that in addition to it being 1990 pages, it is also written in legalese that can often be interpreted in different ways. If Justice Roberts can take the individual mandate of Obamacare and call it a constitutional tax, can you imagine how D.C. lawyers and lobbyists will be able to spin, on behalf of their client, paragraphs in this obese document. Bottom line: You are screwed, very screwed.
This is only the first snowflake/icicle on the top of the tip of the iceberg…
To understand why Obamacare is morally wrong, economically doomed (and adding to the debt burden of our system which is already in trouble), and simply nonsense, a reading list can be found here. Of particular note therein is one of my favorite lectures, by Hans Hoppe, about insurance and risk pooling. Click around, educate yourself, and enjoy.
Though it does not say much, I did like the title of the Reason article “We Are Not Locking You Up for Disobedience; We Are Locking You Up for Failing to Pay the Tax on Disobedience.”
That being said, I don’t think much more discussion of the matter is warranted. The economics are the same as they always have been, and the governmentalism never changes. None should be surprised, only ready to face the same government evil means as before…
Peter Schiff on the matter, hits all the nails on all the heads. Give this one a listen if you have a chance: