This just came across the business news on Bloomberg. That earned them an invite by Henry “the rat” Waxman.
AT&T already announced a $1Billion charge for rising health care costs due to ObamaCare, as well as similar charges announced by several other companies.
Obamacare, can you hear us now?
Aaron Gardner: Must read. RT @moelane MoeLane: #rsrh Shocker: David Brock of Media Matters apparently as crazy... http://t.co/DwRRAmRo
Moe Lane: MoeLane: #rsrh Shocker: David Brock of Media Matters apparently as crazy... http://t.co/bpoExCzb
Moe Lane: MoeLane: #rsrh "Nah, I'll just beat him now." http://t.co/RmMPHath
Steve Maley: US GoM Shelf ranked #2 most hostile fiscal environment for #oilandgas. #1? Venezuela. http://t.co/RqkC07j4 #rsrh
KnightsofMalta: Liberals implicitly belittle the poor. Apparently they are too dumb or weak to be chaste. Sex without consequences is a human right. #rsrh
Dan Spencer: Obama campaign and the DNC spent $120 million in 2011--twice as much as all the GOP candidates combined. http://t.co/fm7XhsUd #2012 #RSRH
Moe Lane: MoeLane: #rsrh I think that I'm going to miss the rest of CPAC. http://t.co/GNOnCEUY
Steve Maley: @FrackNation update: @kickstarter financing approaches $40K in 4 days. http://t.co/4XAsk7Gv #rsrh #natgas #fracking
Steve Maley: @PopeBenedict to @Maddow: "You no play-a the game, you no make-a the rules!" #earlbutz #whatgoesaround #rsrh http://t.co/IIEAPu1g
Dan McLaughlin: Curtains for Newt? RT @TPM Adelson cash runs dry for Newt: http://t.co/MNJGjEmj #rsrh
And...
Steph C (Diary) Thursday, April 1st at 5:35PM EST (link)they’ll pass some of that onto the customers.
Maybe the greenies have the right idea… let’s go back to the stoneage where health care reform, cap and trade, etc. won’t matter.
I’ll live very well that way. Don’t know about all them city folks who are used to just holding out their hands for what they government will give them.
“[I]f the public are bound to yield obedience to laws to which they cannot give their approbation, they are slaves to those who make such laws and enforce them.” –Candidus in the Boston Gazette, 1772
Hillbilly Politics
What will the government have left to give?
izoneguy (Diary) Thursday, April 1st at 6:02PM EST (link)After they take everything from the haves – they will give it 20 years and then they will have to take the stuff they gave to the have-nots
and give it back to the have have-nots…and then in another 20 years
the government will say sorry – nothing left to give….
The rest of the world should become very nervous at that point.
The point cannot be made often enough: Modern liberalism, as embodied in the Obama presidency, is the defender of the status quo. And the status quo is a road to economic ruin. Political forces cannot redistribute the wealth that the economic system does not produce.
LOL nt
Steph C (Diary) Thursday, April 1st at 6:31PM EST (link)“[I]f the public are bound to yield obedience to laws to which they cannot give their approbation, they are slaves to those who make such laws and enforce them.” –Candidus in the Boston Gazette, 1772
Hillbilly Politics
That doesn't matter AT ALL ... *NONE*
spim Friday, April 2nd at 2:41PM EST (link)This is not actually about “redistributing wealth” or “social justice”.
The actual numbers matter none whatsoever.
All that matters is falling down the slope to ABSOLUTE POWER.
“But that will never happen *here*!!”
right …. just like it never happened in Cuba, Venezuela, China, etc.
dont feel sorry
ktsub (Diary) Thursday, April 1st at 7:59PM EST (link)These companies co-opted with Democrats the past few election cycles, this what they get.
I feel sorry for the American public.
A billion here and a billion there
texasgalt (Diary) Thursday, April 1st at 8:36PM EST (link)and pretty soon, you are talking about a lot of jobs going bye-bye.
George Soros owns Verizon
ckevroll (Diary) Friday, April 2nd at 10:53AM EST (link)…so let them get a good taste of their own medicine! I personally will NEVER buy ANY Verizon products or services.
visit my website, add to the content! www.commonpoliticalground.com
Hotline on Call
proudgop (Diary) Friday, April 2nd at 12:59PM EST (link)Hotline on Call has list so far
Company Charge
AT&T $1B
Verizon $970M
John Deere $150M
Boeing $150M
Prudential $100M
Caterpillar $100M
Lockheed Martin $96M
3M $85M
Exelon Corp. $65M
AK Steel $31M
Eaton $25M
IL Tool Works $22M
Xcel Energy $17M
Valero $15M
Honeywell $13M
Goodrich $10M
Allegheny Technologies $5M
Secretary of Commerce said these companies are being "disingneuous"
jazzycmk (Diary) Friday, April 2nd at 2:09PM EST (link)But what motivation do they have for posting these charges? Companies don’t want to take these hits to the bottom line.
I’m sure Dems will say this is Corp America in bed with the Republicans to try and influence the November elections, but that’s a pretty big leap.
And having Waxman and other Dems question these guys’ estimates is pretty rich considering all the number-crunching shenenigans they pulled with their health care estimates.
If their third-party auditors had a problem with their numbers, they would have said something. They don’t want egg on their collective faces. Not after Arthur Andersen and Enron.
jcmk
“90% of people don’t care about your problems…..and the other 10% are glad you have them” – former football coach Lou Holtz