Posted on 03/26/2010 9:37:09 AM PDT by RobinMasters
Congress passed the bill without knowing what was in it. Barack Obama signed it without reading it. Now it looks as though the Associated Press reported on ObamaCare without comprehending its content. Readers will have to scroll far down to discover that the elimination of a key tax break that kept retirees on company prescription-medication plans will mean dumping millions of seniors onto Medicare — and that the AP ignored it until now:
The health care overhaul will cost U.S. companies billions and make them more likely to drop prescription drug coverage for retirees because of a change in how the government subsidizes those benefits.
In the first two days after the law was signed, three major companies — Deere & Co., Caterpillar Inc. and Valero Energy — said they expect to take a total hit of $265 million to account for smaller tax deductions in the future.
With more than 3,500 companies now getting the tax break as an incentive to keep providing coverage, others are almost certain to announce similar cost increases in the weeks ahead as they sort out the impact of the change.
Figuring out what it will mean for retirees will take longer, but analysts said as many as 2 million could lose the prescription drug coverage provided by their former employers, leaving them to enroll in Medicare’s program.
(Excerpt) Read more at hotair.com ...
The CBO makes Arthur Andersen look like a paragon of competent and ethical accounting. Unlike Arthur Andersen, though, the CBO won’t be run out of business, and its officers won’t be facing criminal prosecution.
“They intended to destroy private heath insurance as a bridge to single payer...”
That bridge is more of a slippery slope.
Good job! We need to keep those twits at bay!!!
Not all Democrats are Communists. Even Obama launched an initiative a while back to promote manufacturing jobs to make goods to be exported. Dems love pro union manufacturing jobs, or at least say they do. That is why this Caterpillar and John Deere thing needs to be out in front, hurting the Dems.
Read it? Why the hell would anyone read legislation before passing it. After all, we have to pass it first before we can know what’s in it as Spitosi says. If they can’t obey the Constitution of the United States, why read and obey the laws?
We’re going to Single Payer, and the Single Payer is Uncle Sam.
I would like to see ordinary citizens meeting the press, with a machine gun.
Corporate America didn’t say a peep during the debate so they can suck it up.
You know, I’m starting to think that bankrupting the system was the point of this bill. That way, Obama can act as the hero and say that we need even MORE health care “reform” to fix things, resulting in a complete Cuban-style takeover.
The communist propaganda press in this country is public enemy #1. Obama & cronies would never have gotten elected without the constant daily lies and propaganda of the last 8 years. Why some wealthy conservatives haven’t come forward to start some truthful news agencies and networks I just don’t understand.
Can you post a link to the op-ed or maybe just post the op-ed here on FR? It would be interesting to see the comparison.
'AP : Say, guess what we just found in ObamaCare !'
If AP keeps looking they'll find on page 2047, the section that provides funds for a Perpetual Motion Machine. $263 Billion is allocated for The University of Phoenix to develop it.
Rumor has it that M.I.T. and Cal-Tech were in the running, but one of Barry's top advisor's got his PhD at The University of Phoenix.
Corporate America doesn’t give one fig about their workers OR this country.
And they WON’T suck it up.
This is a declaration of ecnomic war against the producers of this country. To rob us and then kill us.
If there is any justice at all in this world, he'll be cleaning those toilets wearing an orange jumpsuit and flip flops.
It’s clear that “The Center for American Progress” gave orders to Obama, Pelosi and Reid to just pass the damn thing and don’t bother to read it. “Those are your orders.” Phase II is amnesty for illegals. Stay tuned..
NURSE!!!
“The sooner we can show the endgame is failure, the better.”
The coming avalanche of the loss of freedom is going try to slowly crush the middle class, like a frog in warm water.
There is a way to stop this insanity. But it will take a large amount of anger and willingness to stand up, to do it.
The crux of this current economic mess is the Credit Swaps. These CDS’s are “insurance” for the mortgage backed securities, MBS, that they made up and sold. They are dependent on a steady stream of money from mortgages. This is what is holding up the Federal government, and even the FED has this “stuff” on its books right now.
Don’t pay the mortgage. This WILL collapse the system. It will kill the dollar, it will kill the ability of this country to get “loans”, they wouldn’t be able to PAY FOR ANY OF THIS TO THEIR CROMIES, PUBLIC SERVANTS, if we push this system over the cliff.
Think about it. It would work, but are enough people willing to give the government a push, are enough people awake to want to think outside the box?
I think if this is done before this fall, it will have a chance.
LOL, the nurse is on break right now.
She will get back to you after you have paid up your $$$$$.
” Before we are done, Obama will be cleaning toilets.
If there is any justice at all in this world, he’ll be cleaning those toilets wearing an orange jumpsuit and flip flops. “
You must have read my mind, Buckeye ;-)
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