Can CAT and other huge businesses survive the FASCIST onslaught of the Obama administration?
I think the real question goes the other way. Obama and the Dems have starting to poke sharp sticks at the Big Dogs now. And, conveniently, the USSC just overturned McCain-Feingold.
Companies have been paying tribute of one kind or another to the left and the Dems for decades. It's always made things more expensive for them, but only incrementally. So although the cumulative cost has been huge, the individual components didn't seem to cost that much.
Until now. Combine these health care costs, the Cap&Trade proposals, and the utterly insane deficits, and you've got a set of circumstances that even the Big Dogs can't ignore.
Which is why all of these big companies have started trotting out such large numbers for what Obamacare is costing them. They're going to push back now, and hard.
So the question is: can the Obama administration survive the political consequences of what they're doing to CAT and other huge businesses?
Yes they can, CLOSE YOUR DOORS, FIRE EVERYBODY, Liquidate all Buildings and other assets, with the exception of those REQUIRED to build Equipment (force any newcomer to MAKE THEIR OWN) and Give nice Severance packages to all Ex-Employees, Move your company to another State that did not Vote for Obamacare. Bankrupt every Blue State, let them waller in their welfare class. This can be done, but will anyone have the Balls to do it?
WE NEED CEO’S LIKE HOWARD HUGHES to stand up to congress.