Democrats threaten companies hit hard by health care bill

Washington Examiner ^ | March 27, 2010 | Byron York

[denydenydeny]

We have now reached the stage with the imperial Congress and Presidency where our lawmakers are encouraging executives in the private sector to break the law when company actions might embarrass those lawmakers. This is not unlike the situation Ken Lewis of Bank of America found himself in at the height of the financial crisis when he realized the assets of Merrill Lynch, which the government was forcing BOA to acquire, were overstated on the books. The securities laws required he report the information publicly, yet he was told by Bernake and Paulson not to report because of the economic meltdown. Lewis knuckled under and is now being sued by Andrew Cuomo for failing to disclose.

Exactly.

[TigersEye]

So far Drudge has ...

Zip ... 0 ... Nada

Drudge has long since passed his day of being cutting edge IMO.

[bobzeetwin]

Democrats are caught flat-footed on this, and, as many have suggested, it is probably not the last ‘surprise’ that will come out of this healthcare fiasco.

You ain't kiddin' this is not the last 'surprise'. I read NY city lost about 400 million in taxes when the bonuses were killed.That is just the start of lost revenue. If they kill the larger corporations to the point they are not making profit, it doesn't matter how high the tax rate goes, 50% of nothing is not going to pay for the outrageous welfare state they are creating. Like I tried to explain to my wife, a credit card is not a source of income.

[sheik yerbouty]

Not only that, but he should be properly addressed as “Your Feculence”. It befits him..

[Tzimisce]

Most people in 2008 voted liberal Democrat - both in Congress and for President.

I hate what’s going on too, but it’s hard to be sympathic when I watch these know-it-alls complain.

I can’t BELIEVE some of the things Obama voters were saying to my face in late 08/early 09.

[Tzimisce]

Don’t get me wrong, I can’t stand what is going on.

But frankly, when stupid people don’t think they tend to get what they deserve....