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It's a bad day to be a Nittany Lion.

It's a bad day to be a Nittany Lion.

Lengths to structure it as a penalty not a tax. they said the administration had tried to sell it as a tax it would not have passed. jon: what is the overall political impact? too early to tell which side wins or loses here? >> reporter: it's too early to tell who wins or loses. it absolutely reinstates obamacare as a hot political issue, just as it was in 2010. you heard the president saying, oh, let's not go become to the arguments of 2010, he should wish for something else in this case. one lawmaker, dave schweikert of arizona said this has awakened a sleeping giant. the election just chang...

here? >> well they have to eastern it, and they have to want it. lochlin is very happy running his own businesses in australia and loves living there, so we'll see. >> reporter: so he wouldn't take over the publishing. >> i think that's highly unlikely. sorry to be -- [laughter] >> not give you anything there. mr. murdoch it's a pleasure. thank you very much. on a big news day, for you as well. the supreme court of the united states has upheld the president's healthcare law, a major media player, and a big, big healthcare player, thousands of workers, nonplussed by awful that. rupe...

capitalize this spinoff publishing company. it will be starting off in the world in a good positive cash position, and we'll be opportunistic in what we buy and what we do, but we don't have anything on the plate at the moment that hasn't been announced. >> reporter: regardless of what is elected next -- in november, who is president, does that ever make a difference when it's all said in done, with your business plans? >> no, i would say that -- if taxes go up and so on we'll have less cash, and my own feeling is that if that happens the economy will slow down, or not get much bette...