“I don’t know why so many people think this. Of course they could be compelled. So far, it’s just a letter. But Waxman (who is a prolific subpoena issuer) could simply issue a subpoena if he they decline. Congressional subpoena power is robust - virtually unlimited.”
They can subpoena all they want. Getting those enforced and through the court system is another matter. At the very least, that would kick this out past November 3rd. After which, there will be a NEW set of subpoenas...
You're living in make-believe land. People don't ignore Congressional subpoenas, and with good reason. They can be, and are when need be, civilly enforced (2 U.S.C. §§ 288b).
It won't even come to subpoenas. CEO's of public companies don't ignore Congressional "invitations", when extended by either party in Congress.
Haven't you ever asked yourself - "Why do people go before House or Senate Committee hearings only to take the 5th Amendment?"
They go because they have to.
They might even be scared to fly in jets or SUVs. They’ll probably drive in on hybrids and THEN I hope the corporations sock it to’em!