“The judge has confirmed what many of us knew from the start: Obamacare[SIC] is an unprecedented and unconstitutional infringement on the liberty of the American people,” Florida Governor Rick Scott, a Republican, said in a statement.
It, of course was as unconstitutional, according to many on the Right to step into this:
- Lehman Brothers Holdings Inc. – A global financial services firm that deals in investment banking, fixed income and equity sales, trading and research, private banking and equity, and investment management, and one of the primary dealers in the United States Treasury securities market, Lehman Brothers filed for Chapter 11 bankruptcy on September 15th, 2008, marking the largest bankruptcy filing in United States history with a record $613 billion dollars of debt.
- American International Group, Inc. – AIG, a major American insurance corporation based in New York City, with headquarters located across the globe, suffered a massive liquidity crisis on September 16th, 2008 due to the downgrade of its credit rating. This prompted AIG to request a loan from the United States Federal Reserve (the Fed) to prevent the company’s complete collapse, which the Fed granted, marking the largest bailout the government has made of a private company in history (though smaller than the takeovers of Fannie Mae and Freddie Mac a week previous, it was not the same kind of deal).
- Washington Mutual – The largest savings and loan in the United States, Washington Mutual, was seized by federal regulators on September 25th, 2008, and an emergency sale was brokered to JP Morgan Chase for virtually all of WaMu. The remainder will be operated by the United States government. This is by far the largest bank failure in United States history, and while some shareholders and bondholders will be wiped out, the average customer is protected up to $100,000 by the FDIC.
and the list went on….
Often in course of history, to allow growth, it is best to let the house burn. If the fools have to play with fire, then let them burn in it. — webionaire

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