[Michael Eden]

Why is it that virtually every single American of voting age in 1991 still remembers the Bush I broken promise, "Read my lips, no new taxes," but Obama has broken about 10,000,000 promises and the media doesn't seriously report on any of them???

[Scott from the Left Coast]

Because they think it'd be racist to criticize him and because they think socialism is fabulous anyway. The media looks forward to officially being government employees -- NBC, ABC, CNN and CBS have always looked up to the old Pravda as the zenith of their "profession".

Wonder if the network heads, the anchors and the newsbabes will look so kindly on having the Pay Czar determine their salaries? (They've always felt so exempt from the real world, think they'll like it when it comes barging into their lives?)

[No_More_Harkin]

I work at one of those three and am not worried. They’ll just increase costs which will force more people to buy elsewhere, which will force my company to look overseas for cheaper labor to compete, which will kill more manufacturing jobs in the USA, which will decrease the number of people to insure, which decrease the cost for the company, which will level things out.

In effect, health care bill hurts business so it is good in eyes of liberal.

[Oceander]

Because they're sheeple. They've been raised by liberal educators in the crypto-marxist indoctrination camps otherwise known as public schools to believe that there is such a thing as a "free lunch" and that the government owes it to them. Sheeple.

[shoptalk]

Breaking:

AT&T intends to take $1B (billion!) charge in Q1 due to health care reform. AT&T announced in a regulatory filing that intends to take a non-cash charge of approximately $1B in Q1 to reflect the impact of health care reform legislation. As a result of this legislation, including the additional tax burden, AT&T said it will be evaluating prospective changes to the active and retiree health care benefits offered by the company

[bigbob]

The damages so far:

The tally so far:
* In a filing with the U.S. Securities and Exchange Commission, Caterpillar described the move as a tax hike. Accounting standards require the world’s largest maker of earth-moving equipment to book a $100 million after-tax charge to reflect the change during the current fiscal quarter.

* Deere, a maker of farm equipment, said it expects to record a $150 million charge, mostly in its current fiscal second quarter. The expense was not included in the company’s earlier 2010 forecast, which called for net income of about $1.3 billion.

* Diversified U.S. manufacturer Honeywell International Inc (HON.N) in January estimated that healthcare reform would trim its first-quarter earnings by 4 to 5 cents per share. A Honeywell spokesman said on Thursday that the company had not updated the earlier cost estimate and would continue to review the legislation.

* AK Steel Holding Corp (AKS.N) will record a noncash charge of approximately $31 million in the first quarter, due to a reduction in the value of the company’s deferred tax asset as a result of a change to the tax treatment of Medicare Part D reimbursements.

* Valero Energy Corp (VLO.N) said it expects to take a charge to earnings of between $15 million and $20 million in the first quarter due to the new health care legislation.

ObamaCare will not improve healthcare, it will only damage the economy and peoples lives.

[Major Matt Mason]

How's that hopey-changey thing working out for you, Caterpillar? Thanks for playing a small part in getting this d-bag elected.

[opentalk]

bttt