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Dems Set to Bully Companies That Note ObamaCare's Costs
Ace of Spades blog citing Powerline ^ | March 27, 2010 | Gabriel Malor

Posted on 03/27/2010 4:44:27 PM PDT by Mount Athos

This past week several big companies, including Caterpillar, Verizon, and AT&T, announced that ObamaCare would cost them millions of dollars this year. To pay for it they variously suggested layoffs and benefits reductions. Analysts suggest that the total first-quarter hit to S&P 500 firms will be $4.5 billion.

Well, Democrats can't stand to have their precious economy-destroying healthcare program criticized in its very first week, so they've announced an "investigation" into the claims. Late yesterday, the House Subcommittee on Oversight and Investigation sent letters to the CEOs of AT&T, Caterpillar, Deere & Co, and Verizon asking them to appear for a hearing on their claims. In the letters, Waxman and Stupak ask for company documents including accounting analyses and the internal emails of all "senior company officials" related to the projected costs of ObamaCare. How serious are they? The letter actually defines "senior company officials."

Power Line has a copy of one of the letters.

Not content with their victory, Democrats won't rest until they've beaten down anyone who points out the devastation caused by their anti-prosperity policies. This will be as much of an "investigation" as the Democrats' demonization of oil company CEOs last summer or Toyota execs more recently.


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: 111th; bhohealthcare; dissentispatriotic; fascism; liberalfascism; liberalism; mussolinijr; thugocracy; tyranny
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To: Mount Athos

There will be a dozen ethics investigations of these thugs if the Republicans win the House.


81 posted on 03/27/2010 8:00:48 PM PDT by Nonstatist
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To: Nasher

“UnFrickinReal! I suppose this now means the takeover of Caterpillar, Verizon, and AT&T is just around the corner.”

Shouldn’t it read, “UnBidenReal”? LOL!


82 posted on 03/27/2010 8:03:44 PM PDT by Enough_Deceit (Proud Mama of a US Marine and a US Soldier Bitterly Hanging On to Her Guns and Religion. Ooorahh!)
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To: sportutegrl

These are inverse consequences (rather than just unintended consequences).

Maybe it’s a Wile E.Coyote plan?


83 posted on 03/27/2010 9:18:36 PM PDT by MV=PY
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To: Mount Athos

Bammy and the Unions that OWN him are THUGS and do THUGGISH things like this.


84 posted on 03/28/2010 4:27:48 AM PDT by Ann Archy (Abortion,,,,,,the Human Sacrifice to the god of Convenience.)
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To: piytar

Mark


85 posted on 03/28/2010 4:44:19 AM PDT by stayathomemom (Beware of cat attacks while typing!)
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To: Will88
"I would like to coin a word for when the outcome of a law is the exact opposite of what was intended. Any suggestions?"

Refer to it as a, "Fedlaw FUBAR"

"FedFunded FUBAR"?

86 posted on 03/28/2010 4:56:17 AM PDT by LZ_Bayonet ( I AM THE TEA PARTY LEADER !)
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To: Ephesians6.10-18
“What should i do with the money already in my Roth IRA and 401k? Leave it alone? Cash it out early and get penalized by the looters? Any advice would be appreciated.”

It is up to you How to spend your money.
Personally I Cut my Spending by 10% and burying the extra in the “back yard”. I used Cash. My credit cards are used only in case of emergency.
I only know if enough people cut their spending by 10%
and let their local, state and federal governments as to WHY we are cutting our spending and demand that they cut theirs.

We are in Financial Dire Strait. The fastest way out, Free Market.

87 posted on 03/28/2010 6:27:39 AM PDT by steveab (When was the last time someone tried to sell you a CO2 induced climate control system for your home?)
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