>>Dem Congress quick to Spank Arses of Honest Company CEO’s
Posted March 29, 2010on:
Caterpillar announced that Obamacare would raise its insurance costs by at least 20 percent – or more than $100 million – just in the first year of the health-care overhaul program. And Caterpillar was not alone. Other Fortune 500 firms quickly followed suit announcing Obamacare hits to their bottom line including: Deere & Co., $150 million; AK Steel, $31 million; 3M, $90 million; Valero Energy, $20 million; and AT&T, $1 billion. The consulting firm Towers Watson tells the Wall Street Journal that the total hit this year will reach nearly $14 billion. America’s employers simply can’t sustain losses like these, so many of these companies, including Verizon, have informed their employees to expect significant changes to their current health care benefits.
The leftist majorities in Congress were incensed that America’s employers would dare warn their investors about the costs of Obamacare at the same time as the Obama administration’s national sales pitch was set to begin. So using the full force of the federal government to bully and harass America’s job creators, House Energy and Commerce Committee Chairman Henry Waxman (D-CA) sent letters to the CEOs of Deere, Caterpillar, Verizon, and AT&T demanding all documents “from January 1, 2009, through the present” regarding “any analyses related to the projected impact of health care reform” and “any documents, including e-mail messages, sent to or prepared or reviewed by senior company officials related to the projected impact of health care reform.” Waxman intends to haul these CEOs in front of the subcommittee on Oversight and Investigations, which just happens to be chaired by Rep. Bart Stupak (D-MI), for a hearing April 21st.
This is so good! Four large american Corporation come out and tell exactly how the Obamacare will impacted them and The Democrats Congress immediately hauls them in to spank their butts. They are due to speak to Congress and account for their crimes in mid April. Specifically they must account for their “faulty” figures and apologize for them.
When the United States Congress calls it behooves one to come in because no one of sense wants to be in contempt of congress. I just hope these four men who are hugely intelligent or they would not have gotten the power they now wield use that power to take each and every piss-ant Congressman down on that Committee after they get thru with this public humiliation.
It is going to be interesting to watch and even more interesting to see how the “mighty punks” fall afterwards. We the People need the support of large companies in our fight against those who would destroy our nation of free men and women and free enterprise which has made us great. BB