OMG, this reporter found out!
We all meet in dark rooms to sally forth and ...
Posted on 03/11/2009 10:28:14 AM PDT by SonOfDarkSkies
Business is marshaling its forces. The target is the aggressive domestic agenda laid out in President Barack Obama's first budget.
Private health insurers are mobilizing to fend off Obama's plans to cut the fees they receive from Uncle Sam and create a government-subsidized rival that, they fear, would undercut them with lower-cost care for the uninsured. Multinationals are up in arms about the prospect of paying higher taxes on foreign earnings. Real estate agents want to quash efforts to lower the mortgage interest deductions for families earning more than $250,000. Small business owners -- many of whom pay personal income tax rates on their companies' profits -- fear his plans to raise income, capital-gains, and dividend taxes on those same high-end earners. Many industries accept the idea of paying a price for carbon emissions -- but not as quickly as Obama envisions. Private equity players and venture capitalists claim that the higher taxes Obama wants them to cough up will drain away innovation and investment. "There's a lot of activity as people gird their loins for these battles," says longtime Washington lobbyist Patrick E. O'Donnell, who represents defense contractors, potential bank bailout recipients, and insurance companies. Like many others on K Street, his firm, Squire, Sanders & Dempsey, is staffing up.
...
So business is hitting hard on the theme that the budget will squeeze vitality out of the economy. Says Jay Timmons, head of government affairs at the National Association of Manufacturers: "They're taking a tremendous amount of money out of the private sector, which will hamper the ability of business to create and retain jobs."
(Excerpt) Read more at msnbc.msn.com ...
A day late and $400 billion short.
“Private health insurers are mobilizing to fend off Obama’s plans to cut the fees they receive from Uncle Sam.”
Not very private if you depend on the gubbmint already. What would be the difference?
I spoke with the president of the local branch of a nationally known bank yesterday. He said “Either Obama is totally incompetent, or he’s truly a Manchurian Candidate whose real goal is to kill free enterprise”. He added that “our industry is not going to just sit idly by while we find out which one it is”.
Isn't that the plan? Cripple the private sector and empower government and unions.
Socialism/Communism coming to your town via community organizers....Beware!
Did these guys just fall off the turnip truck? Obama is doing EXACTLY what he said he was going to do and their just NOW figuring this out?
They were caught up in their own Obama lust and the exciting Idol-like flavor that they left their brains out of the voting booth.
Good luck now trying to put this toothpaste back in the tube!
>> Private equity players and venture capitalists claim that the higher taxes Obama wants them to cough up will drain away innovation and investment.
Then why did so many Silicon Valley VCs not only vote for Bambi, but campaign for him and bundle dough for him?
Lately, I have been leaning toward "truly incompetent" but jury is still out IMO.
OMG, this reporter found out!
We all meet in dark rooms to sally forth and ...
What took them so long to realize that private enterprise is on the verge of extinction? Union thugs have paid off the Democrats and will dictate business policy for as long as BO is President.
They had better show a lot more muscle and nerve if they are in hand-to-hand combat with street thugs. There are no rules in this cage fight.
I wonder how 'many industries' are suicidal.
All capitalists should be mobilizing now. The communists will not stop til they are destroyed. With a communist in the White House trouble is coming. You Will have to fight. Or be eliminated.
“Socialism/Communism coming to your town via community organizers....Beware!”
Well, where I live we will send them back to Urbania in boxes, invest in boxes.
The merchant ‘class’ is the first to go!!
“The dictator state has one great advantage over bourgeois reason: along with the indidvidual it swallows up his religious forces....the state has taken the place of God....socialist dictatorships are religions and state slavery is a form of worship....fanaticism is used as a weapon for stamping out the least flicker of opposition....free opinion is stifled and moral opinion ruthlessly suppressed....the policy of the state is exalted to a creed....the leader....becomes a demi-god beyond good and evil....there is only one truth and beside it no other. It is sacrosanct and above criticism. Anyone who thinks differently....is threatened with all manner of unpleasant things. Only the party boss who holds the political power can interpret the state doctrine authentically and he does so....as it suits him.” Carl Jung from ‘The Undiscovered Self’
Today the sleeping giant is too fat, stupid, and medicated to be awakened or filled with any terrible resolve.
That said, I have respect for Yamamoto.
It was great as long as they were giving other people’s money to me. But now that they want me to give my money to other people, I am mad as hell!!!
Funny thing...both Yamamoto and Obama are products of Harvard.
If you want an example of how they will run the national health care system, you need look no further than the Veterans Administration.
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