ObamaCare Caught up in its Own Red Tape

http://news.yahoo.com/blogs/ticket/experts-argue-obamacare-mistake-could-doom-key-part-212811734.html

A 2,400 page will was doomed to have mistakes in it. How many Congressman actually read the entire thing? The fired-up constituents who invaded townhall meetings across the country sure did, and they did not like what they read.

The law defines a health insurance exchange as a "governmental agency or nonprofit entity that is established by a state" in one section of the law, and then says later that individuals who participate in exchanges under that definition are eligible for subsidies. Because the law only says a "state" and not "a state or the federal government," Cannon and Adler argue that the federal government cannot legally dole out subsidies or tax breaks to people who buy insurance from federal exchanges.

Only fourteen states are anywhere near setting up these "exchanges". Louisiana has pledged not to participate, so has Texas. Now they have a winning argument bolstering their states-rights independence.

All of the gobbledygook that got this bill passed is now coming back to haunt the liberal political establishment that foisted this mess on the American people in the first place.

Obama has already back-pedalled from one key portion of the bill. Other commentaries have suggested that the bill unintentionally offers an insurance subsidy to middle class voters.

Then the most  pressing question surfaces: where will the federal government get the money to fund the overwhelming increase in government insurance clients? The final downfall for all collectivized programs will rear its ugly head: central planners, for all their brilliance, simply cannot predict the individual and disparate needs of the population at any given time. A price system which emerges out of the spontaneous order of individual trade and transaction provides a better system for access and quality.

ObamaCare will be repealed, and its own red tape is strangling the law into submission.