Posted on 03/30/2010 7:40:19 PM PDT by Behind Liberal Lines
Henry Waxman is peeved. He expects corporate America to swallow health-care reform without a peep of protest — and, apparently, without revealing new costs to shareholders or the Securities and Exchange Commission....He has called the CEOs of AT&T, Caterpillar, and Deere to testify before his committee, accompanying his summons with a far-reaching document request lest the corporations miss the point: This is naked political harassment.
(Excerpt) Read more at article.nationalreview.com ...
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Here’s a question for the legal FReepes. Can the target of A Congressional subpoena obtain a court order to have the subpoena quashed?
He better schedule a big room. There are a lot of companies releasing those charges.
Alan Colmes on Hannity was complaining these companies didn’t oppose Obamacare during the debate on the bill
1 All the more reason their financial reports are credible.
2 If the democrats had held a single HEARING with witnesses who would be affected by Obamacare, then maybe we would have learned all this stuff in advance.
Yeah, but he liked it.
According to Nancy, the bill needed to be passed before it could have been scored by these companies because we needed to ‘know what’s in it’!
The ceo’s should just respond ‘Facts are facts’ when asked about the damaging data in their REQUIRED reports.
The mob is at it again...First they target the bonuses and give out addresses and now this....They are Nazi thugs...
I’m fairly certain that these companies are following the prescribed accounting rules as required by the Sarbanes-Oxley legislation that grew out of the Enron scandal. I think the CEO’s ought to release their calculations to the media (like the wall Street Journal or Investors Business Daily, not the NY Times or Washington Post) before Nostrils-Dumbass has a chance to cherry-pick the questions and cut the responses off on the stand.
Had they pointed out the insanity during the process of cramming the bill, there would have been a bandaid applied, and the punishment would have been meted out to the companies.
Nobody knew what was in the bill!
Interesting question, can’t wait to see the answer.
I know that if you ignore a Congressional subpoena you can be held in contempt of Congress. For whatever that is worth.
“Alan Colmes on Hannity was complaining these companies didn’t oppose Obamacare during the debate on the bill...”
And I’m sure Sean didn’t even think to ask the bug-eyed liberal moron HOW companies were supposed to know what was in the bill in order to oppose it... did he?
This is just the start!!!
AT&T figures it will cost them one billion per month and in the San Diego Coounty area they are laying off 5,000 people!
I would be honored to be held in contempt of a comtemptible congress(with some excections).
“Fascism” is such an ugly word.
We prefer “serving the public.” :)
no, but it is also hard for Congress to enforce laws.
I hope that they would all walk into the room and claim the 5th and walk out.
I know they won’t but one can always hope.
“held in contempt of Congress.” Who cares? How about the American peoples Contempt of this democratic congress and this commie administration!!!”For whatever that is worth.” In November these dummies will find out what it is worth!
Snort! EVERYTHING Congress does has unintended consequences.
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