With the Supreme Court decision upholding the individual mandate as a tax, there are many questions that are raised for the future of our liberty and freedom in our country.
The main point with this decision is not that Chief Justice John Roberts showed his true colors and followed the path of compromise to appease the public’s view of the court, but
the precedent set, the “stare decisis” as it is called in the legal system.
The highest court in the land has now decided that as long as it is a “tax” a citizen can be forced to do anything that is legislated that way.
**UPDATE** (7-5-12)- In the Podcast I mention how the Majority justices went out of their way to make it a “tax” so that it would be legal even though the Administration didnt’ put it forward as so. Upon further examination of the arguments before the court, I found that this was still somewhat the case, however the Solicitor General did play a two faced game when presenting the governments case before the court. During examination he would refer to it both as a “tax” and a “penalty” sometimes in the same breath, and this brought much confusion to the justices, but it was the legalise that made this decision possible. The solicitor general would call it a penalty, and a tax so they can have it “ok’d” as a “tax” but still say its not a “tax” but a “penalty” to the public, so that they can wriggle out of any accusations that they just imposed the largest tax increase in American history.
Our country holds a debt of over 16 trillion dollars and that is just federal debt.
I made an error when i spoke of 50 trillion dollars in municipal, federal and state debt.
The numbers are actually
Social Security liability- 19 Trillion
Medicare Liability- 99 Trillion
Total Unfunded Liabilities- 144 Trillion
I was speaking of the unfunded liabilities as being 50 Trillion and they were fare worse than the numbers in my head.
I mentioned a post I wrote about the debt reaching 550 billion dollars (more than defense spending) by 2019.