Accounting rules require that publically traded companies must restate earnings when there are changes to healthcare liabilities. As much as the defenders of this "reform" may not like it, we will be hearing about this over the next few weeks. So far the damage is as follows:
AT&T $1 Billion John Deere $150 Million Caterpillar $100 Million AK Steele $31 Million 3M $90 Million Valero Energy $20 Million
Verizon has sent out warnings to employees that healthcare costs will increase. This is not going to sit well with union employees.
Caterpillar had already announced layoffs before the bill passed. I don't think I am going out on ledge to say more may be in the offing in coming days.
For those who have internet service through AT&T should expect a raise in fees. As much as democrats don't want to admit this, companies don't absorb these costs, they pass them on. Fewer available jobs, lower wages, cut hours, and higher costs to consumers.
I think a lot of us still want to believe that the Pres. and his ilk have good intentions towards this country. We want to believe that he really wants to save the economy, in his own warped, socialistic Utopian way. I don't think so at all. I'm convinced that he wants to crash our economy, and with it, our country and our Constitution, and then create some New World Order out of the ashes. I know, it's "out there," but look at his consistent choices for overloading our economic system to the point of bankrupting the nation. Just sayin.' If I'm wrong (and I hope I am), time alone will tell.
Yours, there are many out there who think what you are saying is true. I am not sure that I have gotten to that point yet, but there is no doubt in my mind that he is trying to turn us into a European style quasi-socialist country.
I recently heard a liberal admit that this is going to cost money. She said that this is a moral issue, and so what if it costs more. I wish the rest of them would be that honest about it.
Although, it cracks me up that they are talking about morals. If the right tries to talk about abortion as a moral issue, they don't want to hear it.
as this blog's token lefty, i want to respond only to the last thing said: if people on my side were more honest with themselves about what abortion means, i think our national conversation would be a lot more of an agreement than an argument. on this one, the "conservative" viewpoint is super easy to wrap your head around, and i for one can't believe more of my fellow dems can't do it.
on another note, i support the health care bill. as you know.
Guy: I am interested to know if you are willing to admit that the CBO report on the cost of the bill is bogus? Do you agree with Kirsten Powers that it is about morality? Again, you are a level headed guy, so you must realize that what they are saying about the cost is simply false. I would much rather hear someone say it is the moral thing to do instead of lie about how it is going to save money. And by the way, isn't odd that the dems are talking about legislationing morality? I don't think it is the job of the government to decide what our morals are.
A belief in the written constitution. The belief that we are responsible for ourselves and for our families. The belief that we are allowed to fail. The belief in a strong national defense are a few of the things that make me just a conservative girl.
"Fascism should more properly be called corporatism because it is the merger of state and corporate power." -- Benito Mussolini
"I say this not to the teachers, but to their unions: If education were a war, you would be losing it. If it were a business, you would be driving it into bankruptcy. If it were a patient, it would be dying." Bob Dole
Yes, House Republicans have been in power for 5 hours and they have not passed their entire agenda. The New York Times things they should be canned and Democrats put back in charge. Don Surber
"Our lives begin to end the day we become silent about things that matter." Dr. Martin Luther King, Jr.
"So I say huzzah to the 112th congress for reading the Constitution, for acting like it matters. It does. The Constitution may not be sacred, but the sacred has no better friend than the Constitution." Pat Archibold
"53% of Democrats have a postive view of socialism. 100% of republicans think those 53% are morons." Mark Levin
"Corrupt the young. Get them away from religion. Get them interested in sex. Make them superficial; destroy their ruggedness." First plank of the communist strategy for revolution - confiscated in Dusseldorf, Germany in 1919
"If you believe this isn't going to cost the government anything, you are likely to see leprechauns riding on unicorns with pots of gold circling the capitol" Rep. Devin Nunes, CA-21 on healthcare "reform".
"Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views". William F. Buckley, Jr.
"The Republicans were laughing and waving the American flag, and I thought that was ourtrageous behavior" Maxine Waters
"The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened." Norman Thomas
I am a Republican, a black, dyed in the wool Republican, and I never intend to belong to any other party than the party of freedom and progress. Frederick Douglas
Don't go around saying that the world owes you a living. The world owes you nothing. It was here first. Mark Twain
I freed thousands of slaves, and could have freed thousands more, if they had known they were slaves. Harriet Tubman
But I think the most important thing I have figured out was how not to lose hope even when things are bad and it feels like it won't get better. It will get better. You just have to keep working at it and moving forward. Homeless & Conservative
The way to crush the middle class is to grind them between the millstones of taxation and inflation. Vladimer Lenin
There is all the difference in the world between treating people equally and attempting to make them equal. F.A. Hayek
6 comments:
Did they really think the truth wouldn't come out?? My question is though, why on earth didn't any of these corporations try to fight the bill?
I read today that they did, but the media more or less ignored it.
I think a lot of us still want to believe that the Pres. and his ilk have good intentions towards this country. We want to believe that he really wants to save the economy, in his own warped, socialistic Utopian way. I don't think so at all. I'm convinced that he wants to crash our economy, and with it, our country and our Constitution, and then create some New World Order out of the ashes. I know, it's "out there," but look at his consistent choices for overloading our economic system to the point of bankrupting the nation. Just sayin.' If I'm wrong (and I hope I am), time alone will tell.
Yours,
there are many out there who think what you are saying is true. I am not sure that I have gotten to that point yet, but there is no doubt in my mind that he is trying to turn us into a European style quasi-socialist country.
I recently heard a liberal admit that this is going to cost money. She said that this is a moral issue, and so what if it costs more. I wish the rest of them would be that honest about it.
Although, it cracks me up that they are talking about morals. If the right tries to talk about abortion as a moral issue, they don't want to hear it.
as this blog's token lefty, i want to respond only to the last thing said: if people on my side were more honest with themselves about what abortion means, i think our national conversation would be a lot more of an agreement than an argument. on this one, the "conservative" viewpoint is super easy to wrap your head around, and i for one can't believe more of my fellow dems can't do it.
on another note, i support the health care bill. as you know.
Guy:
I am interested to know if you are willing to admit that the CBO report on the cost of the bill is bogus? Do you agree with Kirsten Powers that it is about morality? Again, you are a level headed guy, so you must realize that what they are saying about the cost is simply false.
I would much rather hear someone say it is the moral thing to do instead of lie about how it is going to save money.
And by the way, isn't odd that the dems are talking about legislationing morality? I don't think it is the job of the government to decide what our morals are.
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