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Forty Four Companies That Could Get Crushed If The Government Cuts Spending
TBI ^ | 9-22-2012 | Rob Wile

Posted on 09/22/2012 7:09:34 AM PDT by blam

44 Companies That Could Get Crushed If The Government Cuts Spending

Rob Wile
Sep. 21, 2012, 4:16 PM

The threat of the "fiscal cliff" remains one of the most important events weighing on U.S. markets

To recap, if Congress does nothing before the end of the year, a series of tax cuts and spending programs will expire and combine to shrink GDP by up to 4 percent, according to Goldman Sachs analysts.

While we'd all suffer, some companies would get hit more than others.

The last time we had a major debate on government spending levels — the debt ceiling talks of 2011 — companies with heavy exposure to government significantly underperformed, Goldman says.

Earlier this year, Goldman put together the list of U.S. companies whose revenues rely most on the government.

We grabbed the 44 whose revenues are 50 percent or more taxpayer dependent.

Click here to see the companies.

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: fiscalcliff; government; spendingcuts; taxes

1 posted on 09/22/2012 7:09:42 AM PDT by blam
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To: blam

Live by government, die by government.


2 posted on 09/22/2012 7:11:58 AM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: blam

If they aren’t profitable without government money put them under.


3 posted on 09/22/2012 7:17:18 AM PDT by dalereed
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To: cripplecreek

The majority are health services... Something off there. Some generic sounding contractors and communications and waste management companies.

Except for the specialized military equipment manufacturers, I don’t see what makes these other companies special snowflakes.


4 posted on 09/22/2012 7:19:40 AM PDT by Psalm 144 (Voodoo Republicans. Don't read their lips. Watch their hands.)
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To: blam
This list is unadulterated b.s. Most of the health care companies they list (e.g. Edwards Lifesciences, Baxter, Medtronic, Boston Scientific) are more concerned about how they are going to deal with the enormous costs imposed by the pathetically designed ‘Obamacare’. The truth for probably most of these companies is the opposite of what this report says. They would do much better if government involvement decreased.
5 posted on 09/22/2012 7:20:25 AM PDT by pieceofthepuzzle
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To: dalereed

“If they aren’t profitable without government money put them under.”

Yeah, who needs a main battle tank anyway?


6 posted on 09/22/2012 7:20:54 AM PDT by Psalm 144 (Voodoo Republicans. Don't read their lips. Watch their hands.)
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To: cripplecreek

Romney andd the GOP-E will figure out a way to keep them afloat. Engaging in corporate welfare isn’t just a democrat addiction.


7 posted on 09/22/2012 7:23:36 AM PDT by TADSLOS (Conservatism didn't magically show up in Romney's heart in 2012. You can't force what isn't in you.)
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To: Psalm 144

Someone else who runs a efficient operation will pick up the slack.


8 posted on 09/22/2012 7:25:06 AM PDT by dalereed
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To: Psalm 144

Keynesianism still fails when the spending is defense spending.


9 posted on 09/22/2012 7:25:32 AM PDT by Tea Party Terrorist (Your tattoo looks stupid.)
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To: blam

I figured the weasel Jeffrey Immelt-For-Obama and GE would’ve been Number 1. They didn’t even make the list.


10 posted on 09/22/2012 7:26:22 AM PDT by bleach (If I agreed with you, we would both be wrong.)
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To: dalereed

We could outsource to China.


11 posted on 09/22/2012 7:26:22 AM PDT by Psalm 144 (Voodoo Republicans. Don't read their lips. Watch their hands.)
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To: Tea Party Terrorist

“Keynesianism still fails when the spending is defense spending.”

No doubt, and military budgets are not sacred. I am OK with some levels of subsidy for wholly domestic production capacity of -necessary- military equipment however.

For centuries Rome and the successor state of Byzantium maintained entirely government owned military factories and horse breeding operations to ensure they never had -any- dependence on foreign or usurious civilian sources. A modernized version of that is not a bad idea.


12 posted on 09/22/2012 7:31:26 AM PDT by Psalm 144 (Voodoo Republicans. Don't read their lips. Watch their hands.)
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To: blam

Didn’t a considerable amount of Goldman Sachs employees CAUSE a lot of this nations problems in the first place?


13 posted on 09/22/2012 7:35:08 AM PDT by marstegreg
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

Just as when the incompetent traitor, Jimmy Carter, was POTUS, the cuts that have to be made are in so-called green companies — in the case of the Kenyan, such front companies are losing billions that are unaccounted for, because they vanish as part of his money laundering operation. Thanks blam.


14 posted on 09/22/2012 7:36:18 AM PDT by SunkenCiv (https://secure.freerepublic.com/donate/)
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To: blam
Company % Exposure
1 AMERIGROUP Corp. 100
2 Centene Corp. 100
3 Molina Healthcare Inc. 100
4 WellCare Health Plans Inc. 93
5 Huntington Ingalls Industries Inc. 99
6 Lockheed Martin Corp. 97
7 Granite Construction Inc. 95
8 Northrop Grumman Corp. 90
9 L-3 Communications 90
10 Universal American Corp. 90
11 Raytheon 86
12 AeroVironment Inc. 85
13 Harris Corp. 82
14 Alliant Techsystems 82
15 Humana Inc. 81
16 Illumina Inc. 80
17 General Dynamics 80
18 FLIR Systems Inc. 78
19 Edwards Life Sciences 72
20 Bruker Corp. 69
21 Stryker Corp. 69
22 Tetra Tech Inc. 69
23 Becton Dickinson & Co. 68
24 Zimmer Holdings Inc. 68
25 URS Corp. 68
26 St. Jude Medical Inc. 68
27 Baxter International 68
28 Boston Scientific Corp. 68
29 DaVita Inc. 66
30 Covidien 65
31 Magellan Health Services Inc. 65
32 Motorola 65
33 Hospira Inc. 64
34 Medtronic 63
35 AECOM Technology Corp. 62
36 Bombardier 53
37 Omnicare Inc. 53
38 HCA Holdings Inc. 53
39 Clean Harbors 50
40 Republic Services 50
41 Waste Connections 50
42 Waste Management 50
43 Health Net Inc. 50
44 Affymetrix Inc. 70

15 posted on 09/22/2012 7:38:57 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: blam
Saw Waste Management on that list. Was a little skeptical.
16 posted on 09/22/2012 7:41:17 AM PDT by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: blam

Companies that made buggy wheels are gone, too.


17 posted on 09/22/2012 7:42:02 AM PDT by Slump Tester (What if I'm pregnant Teddy? Errr-ahh -Calm down Mary Jo, we'll cross that bridge when we come to it)
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To: Texas Fossil

Thanks for the list: My computer buffers and loads so slowly it would take me a hour to click onto each one of those companies at the site to review the list!


18 posted on 09/22/2012 7:42:54 AM PDT by classified
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To: Texas Fossil
Thank you so much for compiling the list, Texas Fossil.

I HATE articles where you have to click multiple times to get the info, and it all lands in your browser history. Especially in a business publication, which should value user efficiency.

19 posted on 09/22/2012 7:49:15 AM PDT by Albion Wilde (Liberty means responsibility. That is why most men dread it. -- George Bernard Shaw)
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To: BenLurkin

That’s the one I was wondering about too. Obviously they’re funded by local govt. I wasn’t aware that they get money from the federal govt too.


20 posted on 09/22/2012 7:51:03 AM PDT by sunshine state
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To: Albion Wilde

Your Welcome.

I dislike it too. Was not that much trouble to list if I had to page through it anyway.


21 posted on 09/22/2012 7:55:56 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: blam

They’re not going to cut anything.

They can always “reach across the aisle” to increase spending.

They’ll do it by temporary spending bills, from now until the crash, if they have to.


22 posted on 09/22/2012 7:57:00 AM PDT by Fightin Whitey
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To: TADSLOS

The 47% nobody wants to talk about.


23 posted on 09/22/2012 7:59:07 AM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: dalereed

so, Lockheed Martin, Northrup Grumman, every defense contractor in the country, put them under.
I guess you have lost your mind.


24 posted on 09/22/2012 8:00:20 AM PDT by calljack (Sometimes your worst nightmare is just a start.)
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To: cripplecreek
The 47% nobody wants to talk about.

You dont bite the hands that feed you, unless you work it out in advance with a wink and a nod.

25 posted on 09/22/2012 8:05:16 AM PDT by TADSLOS (Conservatism didn't magically show up in Romney's heart in 2012. You can't force what isn't in you.)
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To: Fightin Whitey
They’re not going to cut anything.

You are correct, sir!

Taking a built in 5% increase and reducing it to a 3% increase is a cut to these people!

26 posted on 09/22/2012 8:05:17 AM PDT by airborne (MY HEROES DON'T WEAR CAPES. MY HEROES WEAR DOG TAGS ! ! !)
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To: blam
While the defense contractors listed here profits might suffer they will still have major contracts. I don't know if crushed is the right word here!! Downsized is more like it.
27 posted on 09/22/2012 8:14:39 AM PDT by ontap
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To: Texas Fossil

Dittos on hating the multi-click pages. It’s a cheating way to gain more page hits and increase revenues. Most sites limit it to one or two extra clicks, but I ran across one today that took 7 pages for a smallish article — at a rate of one paragraph per page!

Meh!! Didn’t read the article, and will never return to that site.


28 posted on 09/22/2012 8:16:55 AM PDT by Wombat Ark
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To: Texas Fossil
I see a lot of defense contractors that were familiar names in Iraq.
AECOM itself is just a poorly managed menagerie that buys up smaller companies, scoops up defense contracts, and then tries to figure out how to service the contracts after the fact. I guess that Halliburton/KBR also cut their losses in the O&M field.
29 posted on 09/22/2012 8:21:10 AM PDT by Sarajevo (Don't think for a minute that this excuse for a President has America's best interest in mind.)
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To: airborne

I was informed fist thing this morning that I’m an idiot for suggesting that the tax on all manufacturing should be eliminated. Most people don’t have a clue how heavily taxed the local thingamajig factory really is. They only see corporate taxes and assume that cutting those will spur job creation. Unfortunately tax cuts at the top will be invested overseas and who could blame them.

http://www.freerepublic.com/focus/f-news/2933016/posts


30 posted on 09/22/2012 8:24:16 AM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: ontap
While the defense contractors listed here profits might suffer they will still have major contracts. I don't know if crushed is the right word here!! Downsized is more like it.

That in itself might actually spur job creation. When the automotive supplier I worked for downsized, the job went to a shop on the other side of town that did the job cheaper. Most of the people who were laid off from our shop were given preference in hiring at the other shop because they knew the job.
31 posted on 09/22/2012 8:40:39 AM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: cripplecreek; ontap

Downsized, as in Los Angeles 1989 to 1992?

All the major aerospace companies were laying off in massive quantities.

Whole departments were eliminated, from the manager on down.

It was brutal and many people never were able to get back into the industry when it finally started to recover.

Entire shopping malls closed because the factory workers that shopped there were out of work.

That mall is still closed.

This time if it happens again, I don’t think folks will ever work in the field again, due to that “unemployed need not apply” meme.


32 posted on 09/22/2012 9:02:30 AM PDT by WildHighlander57 ((WildHighlander57 returning after lurking since 2000))
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To: WildHighlander57

I don’t owe them a job.


33 posted on 09/22/2012 9:05:03 AM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: WildHighlander57
I don't exclude defense contractors when it comes to government waste. Fact is maybe some of them aren't that efficient and some might be be on the subsidy dole because of certain campaign contributions Sorry...if you can't convince a majority of the House and Senate and the defense department has said the weapon you're producing isn't needed then that's to bad!!!
34 posted on 09/22/2012 9:10:56 AM PDT by ontap
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To: blam

This article reminds me of Democrats who trot out one or two sob-stories helped by a government program, yet ignore the millions of other people “crushed” by government regulation, debt and taxes.

I’m much less worried about the 44 companies that would get “crushed” by government spending cuts than the hundreds of thousands of companies that would be buoyed upward by reduced government.

Excepting defense companies, of course.


35 posted on 09/22/2012 9:20:38 AM PDT by ProtectOurFreedom
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To: cripplecreek
All all government is a waste.

This is what the money should be spent on. When a government goes beyond its real spending the real items suffer.

36 posted on 09/22/2012 9:27:26 AM PDT by bmwcyle (Corollary - Electing the same person over and over and expecting a different outcome is insanity)
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To: BenLurkin
Saw Waste Management on that list. Was a little skeptical.

Not me. Government produces nothing but waste. Somebody has to manage the effluvium.

Wow, I don't think I've ever been able to use the word "effluvium" in a sentence before. What a great way to start Saturday morning!

37 posted on 09/22/2012 9:27:59 AM PDT by ProtectOurFreedom
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To: ontap

My union cousin works in a factory that has a contract with Boeing. The idiot takes time off work to protest our evil republican congressman who voted to keep those Boeing jobs away from union members.


38 posted on 09/22/2012 9:28:29 AM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: dalereed

“If they aren’t profitable without government money put them under.”

Do you realize just how ridiculous your statement is? Take a look at the list! Most of the companies are in the Healthcare business, the rest are military hardware contractors. Just how would you propose that these specialized businesses “diversify?”


39 posted on 09/22/2012 9:31:04 AM PDT by vette6387
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To: blam

This assumes the cuts are primarily defense. If the government cuts social programs, then is list should look at all the NGO’s, consultants and community organizations who will get hit. But that doesn’t scare Republicans so they produce this list. Business Insider is leftist. Don’t trust them.


40 posted on 09/22/2012 9:34:05 AM PDT by Solson (The Voters stole the election! And the establishment wants it back.)
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To: vette6387

Get rid of all their lazy overstafed union help!


41 posted on 09/22/2012 9:57:21 AM PDT by dalereed
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To: ontap; cripplecreek

I wanted to illustrate the collateral damage done by those layoffs...
people without jobs don’t buy anything or go on vacations...
thus the huge mall still empty and the travel industry nearby taking a hit, not to mention the restaurants....

Oh, and some defense factories are non-union and/or in right-to-work states.

I work and live in one of them.

I moved 1500 miles to avoid layoffs in the L.A. branch of the company, and am much happier in the other branch of the company where they make goods that are in fact NEEDED.

I’ve been in the industry for 34 years; I wanted to be career military but couldn’t qualify due to a severe hearing impairment, so I did the next best thing.... in the words of my mom I became a “Rosie the Riveter”


42 posted on 09/22/2012 10:35:10 AM PDT by WildHighlander57 ((WildHighlander57 returning after lurking since 2000))
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To: blam
Goldman put together the list of U.S. companies whose revenues rely most on the government.

Is GM on the List??

43 posted on 09/22/2012 12:11:28 PM PDT by ExCTCitizen (Yes, Obama, I had help with my business. MY CUSTOMERS!)
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To: Texas Fossil
#42 Waste Management??

The Government needs help in WASTING $$$$??

Maybe Waste Management can throw AWAY the TRASH in the White HUT...

44 posted on 09/22/2012 12:57:18 PM PDT by ExCTCitizen (Yes, Obama, I had help with my business. MY CUSTOMERS!)
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To: ExCTCitizen

I use a private waste management company.


45 posted on 09/22/2012 12:58:52 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: ExCTCitizen

Much of Waste Management industry is Mafia owned.

Whatever it takes we have to remove the trash from the White Hut in November for the survival of the nation.


46 posted on 09/22/2012 4:21:35 PM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: cripplecreek
I use a private waste management company.

I do at my house at the farm too. It is called a couple of 55 gal. barrels on stands. i.e. incinerator. And we have a huge burn pile site in our pasture for tree limbs and logs that we dispose of. Also have a compost pile for garden debris and leaves. Works pretty well.

47 posted on 09/22/2012 4:29:24 PM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: Texas Fossil

Yeah I don’t make much in the way of trash. Kitchen scraps are compost and I burn my papers. I have my trash picked up every two weeks.


48 posted on 09/22/2012 4:33:41 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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