Wile E. Coyote: Allow me to introduce myself, my name is Mud.

Bugs Bunny: [faints] and remember, Mud spelled backwards is Dum.

Wile E. Coyote: Allow me to introduce myself. My name is Wile E. Coyote, genius. I am not selling anything nor am I working my way through college.

Bugs Bunny: I...

Wile E. Coyote: [warningly] so let's get down to cases: you are a rabbit, and I am going to eat you for supper.

Wile E. Coyote: Now, don't try to get away! I am more muscular, more cunning, faster, and larger than you are, and I am a genius. Why you could hardly pass the entrance examinations to kindergarten.

Wile E. Coyote: [Bugs yawns] so I'll give you the customary two minutes to say your prayers.

Bugs Bunny: I'm sorry, Mac, the lady of the house ain't home. And besides, we mailed you people a check last week. [Shuts the door then descends into his home as Wile E. folds up the door and leaves]

Wile E. Coyote: Why do they always want to do it the hard way?
From "Operation Rabbit" 1952

Mad Genius?  

The decision is in...long lives the decision, until November. I have to say it was an upside down last week, where Chief Justice Roberts joined the left and President Obama admitted political vulnerability from the ruling that the healthcare law is constitutional. The essence of the Supreme Court ruling is that Congress has the power to tax Americans and Americans have the power to change Congress.

The kneejerk reaction toward Roberts was one of shock, anger, disgust and confusion. Conservatives went apoplectic saying Roberts was dumb and his name is mud to them and their cases from now on. But, as the day wore on, I began to wonder if Roberts over -thought this decision like Wile E. Coyote or was he simply being wily? President Obama didn't mention the word "tax" when he took his victory lap and many supporters will ignore that fact as well but it's the only reason the law stands today.

President Obama promised no taxes for the middle class but this is a gigantic tax. Moreover, when states decide not to play ball (red states will say no thanks and blue states are broke) and those "credits" pile up it will have a huge impact on the nation's debt. So in essence, we just got a tax hike and bump in our national debt. There was talk of free "preventive" care like mammograms but the best preventive care is eating healthy and exercising. Right before President Obama's victory lap, Mitt Romney held his own press conference.

Calling the healthcare act a "job killer" and using the short appearance to ask
1
Charles Payne

Charles Payne

Charles V. Payne is a regular contributor to the Fox Business and Fox News Networks. He is also the Chief Executive Officer and Principle Analyst of Wall Street Strategies, Inc. (WSSI), founded in 1991 which provides subscription analytical services to both individual and institutional investors.

Most Recent Articles

Join the Debate
31 Comments So Far
« Previous1Next »
johninohio Wrote: Jul 01, 2012 12:58 PM
I thought this article was going to be about how Obamacare will affect markets, not about Merkel or a single market (housing).
Greg1084 Wrote: Jul 01, 2012 10:02 PM
Troglodite Wrote: Jul 01, 2012 12:45 PM
Any attempts to spin the decision as a victory for the Constitution and for our liberties rely on the same kind of twisted reasoning as the decision itself. We gained NOTHING as regards the jurisprudence surrounding the Interstate Commerce Clause. Conversely, Congress has now essentially been told that, under its taxing power, it may do ANYTHING AT ALL as long as financial penalties ("taxes") are imposed for non-compliance. Theoretically, I could argue that Congress could establish "dhimmitude" in the U.S. under its new-found taxing power.
Gerald246 Wrote: Jul 01, 2012 12:03 PM
So obambo stole romneys heathcare plan and romney and his pac made lots money so where do we turn now that roberts turned his back on the country
r729 Wrote: Jul 01, 2012 5:06 PM
romneys healthcare plan had no individual mandate in it. It did not force people to do anything. I think it would be nice if you were forced off of a bridge.
Florida Jim2 Wrote: Jul 01, 2012 11:18 AM
I do not trust the stock market at all. After losing twice heavily I now feel the market is manipulated by a few very very rich people to the detriment of the rest of us. My broker made money going up and down while I lost.
johninohio Wrote: Jul 01, 2012 1:03 PM
Your mistake was in trying to trade the swings. I made that mistake too. If I had just held on, I would have made back most of my losses by now.
Jerry1 Wrote: Jul 01, 2012 10:44 AM
A person making $50K a year, will have to pay 51% of their income, come Jan '13.

Obozo said no taxes on the middle class, guess what...

HE LIED, this is class warfare on the middle class.

Jerry1 Wrote: Jul 01, 2012 10:44 AM
This will be Hellth Care increase, in taxes to pay for this Monstrosity of Regulations, 16,000 MORE IRS agents for starters, and then add in the increase from removing the bOOsh tax cuts, and VOILA!

You will have to give up MORE than HALF of your income.

James92 Wrote: Jul 01, 2012 5:49 PM
Hey, do what I did - get in the wagon and ride. Only fools are still pulling the wagon! Just kidding - I'm a net tax payer even though I partake of Medicare and Social Security. I won't even make the stupid statement that " I paid into those programs all my life". Really I did do the "Atlas Schrugged" thing and "retired" at age 54. ( I'm now 74 ). I was just a mechanic (salaried) but decided to just drop out and enjoy life. The politicians will spend every cent you send them - and more (debt). Good luck to U.S.A. We'll need it!
D G Wrote: Jul 01, 2012 10:11 AM

Forward?

No.

It's "Barack-ward".
Ronald C. Wrote: Jul 01, 2012 9:58 AM
Poor attempt at calling - Roberts and updated - Brer Rabbit
johnm h Wrote: Jul 01, 2012 9:24 AM
Size matters. Socialized healthcare can work in a tiny homogeneous country like Sweden because it’s about the size of a mid sized insurance company and the people are homogeneous and educated. The thought that any form of socialism can work in a country of 50 states, 330 million of the most diverse people on the planet with increasing portions of its population uneducated and living as dependents with all the social pathologies we can create should be seen as utter insanity. It will lead to civil war, disintegration of the Republic into various states, or totalitarianism. Those are the only choices. And Obama is right, it 20 years we would know.
tibby2 Wrote: Jul 01, 2012 9:31 AM
Does Sweden pay for the healthcare of people who are in their country illegally?
Sonors Wrote: Jul 01, 2012 9:43 AM
Excellent question. Any lefties have an answer?
johnm h Wrote: Jul 01, 2012 12:55 PM
yes, and that is what is causing some reconsideration of some of their social welfare policies.
Greg1084 Wrote: Jul 01, 2012 8:58 AM
As a physician nearing retirement I must admit to having mixed feelings about Obamacare for personal reasons. On one hand I realize that the more government cares about something, the worse that something does (when it is outside the natural purview of govt). Healthcare started going downhill when licensing was initiated and prices have gone uphill ever since. This will end very badly for future generations if allowed to stand. As with all other schemes like this, a political decision will be made in the beginning to make it more palatable for all in throwing money out there to avoid shortages and rationing that will eventually be what everyone will complain about. Mark my word, the shortages will come. On the other hand, the act may
Greg1084 Wrote: Jul 01, 2012 9:06 AM
...allow me to retire before getting to medicare age and still have access to insurance. I don't have an expensive lifestyle, and look forward to not having to deal with an increasingly complex and continually less rewarding health care system. There are probably thousands of physicians like me who feel the same way. And in the same way this will help get the aforementioned shortages off to a good start once the breaking point for each individual doctor is reached. One other thing to consider: If the ones who can leave because they are frustrated do so, how much more frustrated do you think the ones who are left behind will feel? After this glimpse into the future, don't you feel a little more like working to see this monstrosity
Greg1084 Wrote: Jul 01, 2012 9:06 AM
johninohio Wrote: Jul 01, 2012 12:55 PM
Thank you for your point of view., Dr.

Probably what will happen is that the government will then create incentives for every Tom Djck and Harry (that dates me!) to major in medicine in college, then lower the graduating requirements so they can pass, then make them untouchable when they commit malpractice through incompetence.
true liberal Wrote: Jul 01, 2012 8:56 AM
The Constitution has been shredded a little at a time from its inception. Even Marbury vs Madison was a creep in the wrong direction.

The SCOTUS did not really turn on Federalism until after the Civil War. There was a "Southern States as provinces" push and in the heat of victory passed several amendments (13th/14th) that were mandated on the Confederate states.

This started the end to State rights.

The 19th amendment killed almost all State representation in Federalism. Without representation, your rights atrophy.

The SCOTUS used to be confirmed by the Senate where the State's interests were represented. Now there is no say.

We need to repeal the 19th amendment.

true liberal Wrote: Jul 01, 2012 8:57 AM
In addition, the SCOTUS decisions should be challengable by the States where if a majority rejects it, it is null and void.

Any and all decisions should be challengable in this way
johninohio Wrote: Jul 01, 2012 12:49 PM
I think you mean the 17th Amendment. The 19th gave women the vote. And I agree to repealing both.
dconnelly Wrote: Jul 01, 2012 10:59 PM
Not all of us women are ignorant and vote Democrat for Nanny-ism. But we conservative women are sure in a minority. Sometimes I actually agree with you.
kwood742 Wrote: Jul 01, 2012 8:32 AM
There are several problems with the 'Roberts is a genius' hypothesis:
1) The media will not let the voter know Obamacare is a tax. The media believes Obamacare is free health care for all. Given that, where will the voter outrage be?
2) The republicans /pseuo-conservatives will NOT beat the this is a tax drum. They have shown the willingness to roll over and play dead for every liberal lie to date. They fail to stand up for conservative SC nominees, and DO sustain liberal SC nominees. Rather than shut down government, they allow tax increases for the promise of non-existing cuts. They ahve taken no action on illiegal aliens in the country, beleiving nothing can be done.
3) the gullible types will still vote the O
tibby2 Wrote: Jul 01, 2012 9:34 AM
There are more voters than there are taxpayers.

For those that don't contribute nothing will change on the surface. You do not notice when things get more expensive when you use other people's money. You only notice expenses increasing when you use your own money that you have worked for.
Roll Tide Libertarian Wrote: Jul 01, 2012 8:10 AM
We wouldn't have Obamacare if people like Mr. Payne hadn't decided to vote for the historical significance represented by Obama rather than voting for what should have been their personal political and financial beliefs. Mr. Payne is as much to blame for Obamacare as is Obama or Justice Roberts, for he enabled Obama to enact Obamacare as did millions of other dupes.
David70 Wrote: Jul 01, 2012 8:26 AM
Greg1084 Wrote: Jul 01, 2012 8:50 AM
Might as well ask Charles why he doesn't think it's funny, he married him. (The Mask)
johninohio Wrote: Jul 01, 2012 1:04 PM
How do you know Payne voted for Obama?
BrianR.3 Wrote: Jul 01, 2012 1:27 AM
Chief Judas John Roberts is a traitor to the Constitution and conservative principles.

There's sure no question about it in MY mind, Charles.
« Previous1Next »