Informative Links for June 29, 2012
Romney: ‘If We Want to Get Rid of Obamacare, We’re Going to Have to Replace President Obama’ – Weekly Standard “‘Let’s make clear that we understand what the Court did and did not do,’ Romney said today, speaking in Washington, D.C. ‘What the Court did today was say that Obamacare does not violate the Constitution. What they did not do was say that Obamacare is good law or that it’s good policy.’ Romney added: ‘Obamacare was bad policy yesterday. It’s bad policy today. Obamacare was bad law yesterday. It’s bad law today.’”
Rubio: IRS to ‘Come After’ Uninsured – Politico “‘I hope people back home fully understand what this means, and here’s what this means: It is now unlawful for you not to buy health insurance, and if you do not buy it, you have an IRS problem,’ the Florida Republican said on Fox News. ‘If you do not buy health insurance, the IRS is going to be on your back and chasing you. They’re going to take away your refund, they’re going to increase your fees, they’re going to come after you.’”
The Supreme Court’s Surprise – Commentary “Judging by the signs being carried, the overwhelming majority of the crowd outside the Court this morning was anti-ObamaCare. With the upholding of the mandate, ObamaCare survives. For now. But I suspect the already energized anti-Obama forces in this year’s election will now be supercharged. The only way to get rid of this deeply pernicious piece of legislation will be to get rid of Obama. Requiring all candidates for federal office to sign a promise to repeal ObamaCare as a precondition of support would be a starter.”
Japan’s Debt Addiction Creating ‘Mother of All Bubbles’ – CNBC “He adds that currently half of the government’s revenue goes to paying the interest rate on these bonds. ‘It doesn’t take a rocket scientist to work that if those rates start ticking up, for whatever bizarre reason, you may see the Japanese government spending 100 percent of its tax take on pure interest-rate servicing and that’s a very dangerous position to be in,’ McFadden said.”
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