A hearing will be held to clarify that businesses did what they said they would. It is a new concept to Democrats. It is also ironic that Bart Stupak is involved.

I never knew you had to pass a bill to find out what was in it, rather you knew what was in it and waited to see what happened next.

This bill is an example of blind ambition.

The pig joke was an original by comedian Jerry Clower. And to make it even more effective – - the pig had the peg legs. The farmer said . . . with a pig like this, “we only eat it one ham at a time.”

This is a scary time right now. The high handedness of congress and the administration to intimidate opponents is reminiscent of tyrants and I don’t like the precedent they are setting for any majority.

The war on business and success is very troubling, what’s even more troubling is the buy-in they’re getting from young people.

…proves that nobody actually read the bill.

The company I was last involved with, Non-Medical In-Home Care has 78 current employees. This company will be forced to adhere to the #HCR rules. As such, the company will take a 9-14% hit initially to earning costing ~$90K yearly.

The owner has developed a strategy which will convert current employees into contractors making the individual liable for all insurance, health care costs etc. Ultimately, the employees wages will rise ~$1-4/hr as a result. However, in doing so the caregiver will not be covered under an extensive (and costly) insurance policy because as we have seen, independent contractors do not typically take such regular protections a business would.

This will save the company money, but place the customer in a position of having an uninsured contractor in their home. All because the owner is not ABLE to take a $90,000 hit to his earnings.

Obamacare, affecting us in ways never considered.

My aunt retired from “Ma Bell” in the 80′s to care for her invalid mother (my grandmother). She’s always been afraid of losing the company health care that followed her into retirement. Guess who bought “Ma Bell?” AT&T, the company saying they’ll need to take the $1 billion loss, and the company saying it will need to reconsider carrying retirees on health care.

My aunt is 80 years old. She doesn’t need this kind of uncertainty and fear right now. I wouldn’t be surprised if the worry takes years off her life. Which might be the plan, of course.

and involved in a movie version of “Atlas Shrugged,” and Henry Waxman was to audition for the part of a man portraying the very role Waxman currently plays in our Government, she’d probably shake her head no and say he was simply too spot on.

The man is a physical manifestation of his own beliefs and priorities.

Horrible, horrible. . .

It will be amusing to see the cameras show that Waxman and his co-horts have no economic sense when they try to argue against hard numbers.

Maybe they’ll read some more sad letters they got.

Or maybe Waxman will waive the CBO report and say but this is supposed to save us a trillion dollars over 20 years!

I am hoping that the remaining greatest generation will be taken care of, and it will be the spoiled generations following that will be left holding the bag.

I keep thinking that in an ironic twist of fate, the boomers will at the end of their generation reap what they sow; institutionalized, uncaring old age. I don’t wish it, I am a boomer myself. I just think if it happens, it’s not like this generation didn’t actively plan for it.

AKA GAAP. Nanzi, Dingy, Barry, little naked Rahm, you may want to familiarize yourselves.

Once again this administration stifles free speech that presents differing viewpoints from their own. Or actually points out an intentional part of the Obamacare bill, as Cat and JD did. Unintended consequences are as rare a as fiscally conservative democrat or a pro-life democrat. You’re more likely to see nessie or the vaunted chupacabra than to actually find one of those mythical creatures.

If the law states that a publicly traded company must report what it’s expected loss is going to be by mandated standard or face a federal felony charge, then isn’t a member of government who use’s his power to force or intimidate the company to break the reporting law himself guilty of a felony?

How out of touch are these people in Congress? Companies are interested in staying profitable or afloat and not in making stark political statements. Does Waxman actually believes that these high profile companies would sabatoge their own publicly-traded firms to make some sort of statement about this law?

I sincerely hope that some of these CEOs take this opportunity to educate these fools about how the real world works.

. . . is that God doesn’t think He is Waxman.

I hope they televise these witch hunt/hearings. The average CEO/CFO is about 75 IQ points ahead of Waxman and Stupak (added together), and should be able to make them look as stupid as they are.

As we embark into a brave new world with Obamacare we start already seeing the stories about Obamacare not being friendly to small business. This along with the fact that the economic recovery has not yet started to even trickle to a start in the building industry shows that we are in for the long haul. We have all heard for 15 months Dem vs. Rep on the health care garbage. The media has been very nice at making stuff work out. The media take was and is to highlight the battle of Dem vs. Rep not the battle of lost civil rights. Let’s talk about paying for this. Who will oversee this debacle? Guess the IRS just got another stimulus bill. Now we have a real dilemma here we do not have enough people to make up the premium. We have too many that will not have to pay because their income is not enough. Now a good deal of these folks do have a lot of kids and they are in the obesity dilemma. So where is the extra money coming from? The best guess is a flat % FEDERAL TAX at the retail level. Part of the perfect storm the person than turns to Jumbo Jack for a burger and is taxed on prepared food. So we are getting the lions share from the poor through tax ok as long as we keep them smoking and drinking, right Nancy. This minutiae will continue to grow out of control.

I am in the midst of searching for alternatives to another 20% increase in our Blue Cross Blue Shield rates to take effect on 5/10/2010. This is on top of increases year after year. We have downsized our coverages twice in the last 3 years. And you can bet that if we stay with B/C B/S, there will be another increase next year. Where does Obama get this crap about rates going down now that his pet bill has passed?

Cost containment and tort reform will be the road to reducing premiums. You know how much of the latter was in this bill. Nada.

Just asking…

(202) 551-5400

Why do these companies kowtow to the likes of Waxman? I want to see an executive with some common sense and some guts take Waxman to task. Don’t let that snarky little thug get away with his star chamber like hearings. The longer business refuses to fight back the harder it will be for them to ever do so.

We on the Right should target him and expose his totalitarian attitude far, wide, and often. Let the public know what that rat is really like and how much disregard he has for the people and capitalism.

It might have been Commerce Secretary Judd Gregg being “trotted out… to deny basic laws of economics.”

He has to be relieved that “it ain’t me, Babe.”

It would be an excellent lesson in economics and accounting methods of a public traded company.

Prepare to see Waxman et al displaying the glazed eyed appearance of a deer in headlights, as the semi approaches, they have no more concept of economics than a gerbil, none of them have ever so much as run a koolade stand, and I have serious doubts that any could even balance and reconcile their own checkbooks, let alone understand the nuances of negotiating the minefield of IRS and SEC regulations forced upon publicly traded companies.

Also their complete inability to grasp the concept of an entity being beholding to their stockholders to return to them a profit on their investment, as they daily exhibit this fact by piffling away billions of our (investors) dollars for naught.

This little debacle will be interesting to watch, if they refuse to allow CSpan to broadcast it, we need some folks in the hearings with cell phone video or at least audio. I don’t know if they can legally prohibit public viewing, as this law has been passed and hence is now public law, and since it is not a national security issue or a criminal proceeding, I don’t see as they have a choice.

to raise $2.3 billion in taxes in the year 2013. (that’s 26% of $14 B)
These economic retards didn’t realize that companies don’t pay taxes on Federally mandated losses to earnings (lost profits). How will they balance the budget that way?

This is criminally intentional ignorance and, to my mind, the best campaign issue.

PS The rules for scoring legislation, both CBO and Tax Committee need to be changed to take into account the predicted effect of changes on behavior in the market. An example of how congress is DISHONEST and needs to be replaced.

A few thoughts concerning our Narcissist-in-Chief, his cronies and the nodding elected zombies who think they know better than those who must make a profit to survive:

1. A good many of those who work for government agencies are unemployable elsewhere. While many highly specialized positions are filled with qualified people, many are not and their failed attitudes and abilities pervade they system. This effect will only become more significant as this administration continues its jaunt through the heart of our democracy and has to fill the jobs in an ever growing bureaucracy.

2. What will happen to healthcare costs of the hospitals? Many hospitals currently avoid having to pay health benefits to their employees by calling them “part time” or “temporary reserve” while working them 40+ hours a week. Is this still gonna fly???

3. The tanning salon tax is racist! It singles out white or light skinned people.

We conservatives must coalesce, stay the course and not let this administration and their radical ways ruin our very hopes and dreams. Let’s face it, Obama is a classic narcissist and he is now set for life. He does not care about anyone but himself and how he appears to others. Many of us in Illinois never heard of him until the Senate race fiascoes of the past. His ascension is frightening and parallels many other leaders who have led their nations into some of the darkest of times.

These corporation are receiving a tax sub for retiree prescriptions and taking a full expense that includes the sub.

Corporations should live and die in the free market.

My tax dollars should not go to companies to help them be profitable.

had the nerve to tell these thugs off. An American businessman who lies to the public about their finances will go to jail. The Congressmen on the committee can lie to the public all they want without penalty, but a businessman talking about their finances must tell the truth. For the stinking mental defectives who run Congress who haven’t the brains or integrity to run a lemonade stand to be calling honest American taxpayers on the carpet is an abomination. The failure of the “news media” to show any outrage is inexcusable.