Posted on 03/27/2010 7:58:09 AM PDT by opentalk
It has been GM, Chrysler, and the banks and now... on to the fuller set of American private enterprise. The Marxofascist (a.k.a., "progressive") strategy, of devastating the livelihoods of our free People and substituting a collapse-inducing dependency burden upon government, is already taking effect on the Obamacare front.
Witness today's news stories:
"Companies Sound off on Health Care Reform," The StreetBusinesses are being forced to absorb, or pass along, huge cost increases regarding the health care plans they have already committed their employees and retirees. And these individuals are beginning to be pushed from the frying pans of paternalistic corporate plans into the Medicare fire (which in turn, further blows up the national debt burden).
"Obama Tax’s $14 Billion Charge Starts at Caterpillar," BusinessWeek
"Deere Says Health Care Law Will Raise Expenses," Associated Press
Remember, the automotive industry failures were in large part caused by the union-forced pensions and health care plans. Do you get the picture? It is the Saul Alinsky, Cloward-Piven model for destroying Free Enterprise and unleashing grave personal suffering and coordinated mass mayhem (Frances Fox Piven uses the word, "disruption") for the sake of neo-Marxist revolution (they don't like "Communist" anymore).
They wrote about it -- and they founded the SEIU/ACORN/Obamunist version of America, which is attempting to take over your lives and in the words of Rep. John Dingel "control" you.
The maliciousness and tyrannical enslavement involved can hardly be overemphasized. America, what and who are your worst earthly enemies? Hint: they have graduated way, way beyond Bernardine Dorn's mere chemically explosive IED's.
So attacked, it is time for massive efforts in civil defense and counterrevolution (though it is not a time for violence). It is a time for your efforts.
from WSJ: Yesterday AT&T announced that it will be forced to make a $1 billion writedown due solely to the health bill, in what has become a wave of such corporate losses.
They were so public about it before it passed.
So the Democrats war against the USA continues. They won’t be happy until this country is just like Nigeria or the West Bank
Got to tell that UNION workers, Elections have consequences, and they are about to hit it head on and lose their jobs.
This monster will grow and grow and grow. Just like all their STRIKES for higher pay that had to be passed on to consumers. Well welcome to the TRICKLE DOWN Poverty strike we are about to give you.
I think Joe Biden’s profane comment was taken out of context. It went more along the lines of this:
“Hey Joe, do you realize the havoc this health care bill will have upon the American economy?”. Joe’s response “Big F****** Deal.”.
IF you figure that based on data that Us Market cap may be near $15 TRillion. Based on the extrapolated comparsion, that means the initial cost...yest just initial cost to US business will be $96 billion dollars.
Now add up the cost to the government (our tax dollars), and the cost to the population (out of pocket costs).
Obamacare...the gift that keeps on giving.
You might be right
Both John Deere and Caterpiller, major makers of construction ond heavy agricultural machinery, stand to take a tremendous hit on this new plan for regulating the health insurance provided by the company, through previous union agreements (UAW). This is the same union that brought GM and Chrylser to their knees, and that was BEFORE health care issues came up.
Caterpiller is on the hook for $100 million, which makes a BIG hole in their already reduced profitability, while John Deere is expecting their costs to rise $150 million, from an even more modest profit.
If global gients like these manufacturers can be driven to their demise, what hope have smaller entreprenuers? The major credit pools have already been dried up or greatly reduced by competition with the Federal borrowing, and this bind only promises to become so much worse in the coming months and years.
There has to be a major reversal of policy, and soon, if the United States is to survive as an entity in the world. Otherwise, we shall have no more relevance than Argentina.
And speaking of Argentina, at one time they were surpassed only by Great Britain and the United States in their wealth and prosperity. Then they started “experimenting” and if you want to see what a hundred years of “social justice” brings a nation, look to Buenos Aires. They went through the dark days of “peronistas” (both Evita and Juan), years of secret police and “disappeared people”, hyperinflation, and almost total stagnation of their economy, from which they have never fully recovered. The Carter era, taken to an exponential power, and going on for decades, rather than just a mere four years.
And what we have now promises to be so much WORSE than what the Carter Administration so casually dumped upon the nation, and which affected the outcome of so many things elsewhere in the world in the most negative light imaginable.
Sure, the Shah of Iran was an SOB of the first order, and a dictator, but he was OUR SOB. And as such, Saddam Hussein was a second-rate thug, who may or may not have survived to make the Iran-Iraq dispute into a war of religious fervor.
Tell me that what we have in the Muddle East today is better than that alternative future that WOULD have been.
Intended Consequences
^
Reminded of ‘alternative energy’, ‘Stimulus bill’, all that big talk and no delivery.
Most all Americans will wise up, faster then Democrats would like to think, Democrat policies decrease the quality of life
I see companies like JD and CAT closing US factories and moving overseas...
And the RATS say they are "for the common man"...they can't be anit-business and anti-freedom and be "for the common man". There is an incompatibility that the voters MUST consider.
A New Democratic Order link
97. The international challenge is nothing less than the beginning of a new, democratic world society. We cannot allow blocs, nations and private corporations to shape the political structure of the planet as a mere by-product of their own self-interest.
98. Strengthening the United Nations is an important step in the creation of this new, democratic world society. Where there is a consensus among the major nations, significant peace-making and peace-keeping initiatives are possible. The UN specialised agencies, like the WHO, and UN organs like UNDP and UNICEF, have demonstrated that the governments and citizens of various nations can work effectively together in pursuit of common international goals.
George soros has publicly stated that United States needs to be knock down off its pedestal. Seems the agenda is to weaken us to achieve above goals.
--public corporations with disclosure obligations under the securities laws have to disclose today when developments change their outlook for tomorrow.
--Hence, AT&T's announcement that Obamacare will force it to take a $1 billion dollar charge — the most alarming (but entirely predictable) bad news in a parade that, the Wall Street Journal's editors note, "includes Deere & Co., $150 million; Caterpillar, $100 million; AK Steel, $31 million; 3M, $90 million; and Valero Energy, up to $20 million."
--But here is the most frightful news yet about our new reality: People's Commissar Henry Waxman is now planning to haul the companies before his committee because their disclosures fail to play along with the our Leftist rulers' script that Obamacare "will expand coverage and bring down costs."
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