March 31, 2010

Boeing Will Also Take a $150 Million Charge Because of ObamaCare
— Gabriel Malor

Another day, another CEO likely getting called to the carpet for just doing what they're supposed to be doing.

Democrats think that accounting is a grand conspiracy to make them look bad.

Posted by: Gabriel Malor at 04:45 AM | Comments (122)
Post contains 54 words, total size 1 kb.

1

But don’t you dare blame Axelrod.  It’s not his fault.  It’s his father’s.

Posted by: Hussein the Plumber at March 31, 2010 04:46 AM (RkRxq)

2 Damn.  It's going to get awfully crowded at those hearings.

Posted by: The Outlaw in the Heavenly Hall at March 31, 2010 04:47 AM (rjI52)

3 We need more Alinsky.

Posted by: Ed Anger at March 31, 2010 04:47 AM (7+pP9)

4 Facts always fuck up the lib agenda.

Posted by: mbruce at March 31, 2010 04:47 AM (Fr8N6)

5

2 Damn.  It's going to get awfully crowded at those hearings.

All these unpatriotic companies - how dare they actually try to calculate the hit they'll take with the ObamaCare provisions!

Posted by: Kratos (missing from the side of Olympus) at March 31, 2010 04:48 AM (9hSKh)

6 Comrades, this is an obvious ploy of the imperalist capitalist to undermind our glorious workers' revolution.

Posted by: TheQuietMan at March 31, 2010 04:48 AM (1Jaio)

7 how rude

Posted by: phoenixgirl at March 31, 2010 04:48 AM (ucxC/)

8 Guess that lock on the Air Force's next generation tanker contract is a thing of the past now.

Posted by: Nighthawk at March 31, 2010 04:49 AM (OtQXp)

9

Democrats [don't] think that accounting is a grand conspiracy to make them look bad.

/fixed.

Posted by: laceyunderalls at March 31, 2010 04:49 AM (pLTLS)

10 I'd love for them to subpoena me, but my guess is they wouldn't know what the hell I was talking.

Posted by: Mathematics at March 31, 2010 04:49 AM (FkKjr)

11

I'd love for them to subpoena me, but my guess is they wouldn't know what the hell I was talking [about].

FIFY.

Posted by: English at March 31, 2010 04:51 AM (FkKjr)

12 I'm sooooo glad the Dems are sticking it to those eeeviilll corporations.  And I'm soooo glad none of those costs will trickle down to the consumer.  Obama is the bestest evah!

/sarc

Posted by: Twinks at March 31, 2010 04:51 AM (Epzoy)

13 LOL, they had one of those brain dead "fair and balanced" debates on Fox this morning about how this was going to cost young people.

They had this one babe (nice hooters) arguing first that it would not cost young people that it would "save money" instead.  The guy who was arguing the opposite laughed at her and basically called her a liar.

By the end of the debate the babe admitted it would increase costs for the young.. That is the first time I have ever seen that.

Posted by: Vic at March 31, 2010 04:51 AM (QrA9E)

14 Henry Waxman would look just lovely in a new tar and feather ensemble.

Posted by: Pitchfork Pete at March 31, 2010 04:52 AM (90oki)

15 Sarbanes-Oxley's a bitch.

Posted by: MDr VB1.0 CS1st at March 31, 2010 04:53 AM (ucq49)

16 The funny thing about money.  You can count it, unlike the false promises of "The One" which are too numerous to count.

Posted by: Kemp at March 31, 2010 04:53 AM (2+9Yx)

17 Accounting is racist. Just like Math.

Posted by: DocJ at March 31, 2010 04:53 AM (AWzOz)

18
Yeah - but everyone knows these 300 businesses that provide employment, ingenuity and American made products and services are EVIIIIIILL. AND RACIST!


*The entire left-wing democrat lock-step media chorus says so.

Posted by: Lemon Kiten at March 31, 2010 04:53 AM (0fzsA)

19 So, the Democrats are dragging CEOs before congress when they report results the Democrats don't like to try and force them to shut up under the threat of possible investigation.

How is this not gross abuse of office? Impeachment level abuse of office...

Posted by: 18-1 at March 31, 2010 04:54 AM (bgcml)

20

I was watching the news last night, and loved how Krauthammer schooled Juan Williams on this subject. 

Juan was taking the position that the companies were whining about the loss of a tax break for prescription drugs.  Krauthammer blasted him out of the water by saying, essentially, "So what?  They still have to report a revenue hit by law."

So, it appears the left's position on this is, "Shut up."

 

Posted by: The Outlaw in the Heavenly Hall at March 31, 2010 04:54 AM (rjI52)

21 Every one of these CEOs should appear at their "hearings" with their company's Chief Accountant and refer all questions to him/her.  In answer to every question the Chief Accountants should, in painful detail, explain:

1) How they arrived at the health care charge numbers
2) Why they are REQUIRED to make these numbers public.

If there are any follow-up questions just repeat explanations 1 and 2.

Posted by: Nighthawk at March 31, 2010 04:55 AM (OtQXp)

22

13 LOL, they had one of those brain dead "fair and balanced" debates on Fox this morning about how this was going to cost young people.

I'm certain that it was just an oversight but, posts mentioning "(nice hooters)" without a link are verboten.

Unless of course you don't mind stormtroopers on your doorstep.

Posted by: Hussein the Plumber at March 31, 2010 04:55 AM (RkRxq)

23 How's that Jobs Bill working out now, jackasses.

Posted by: Fritz at March 31, 2010 04:56 AM (GwPRU)

24

#20  So, it appears the left's position on this is, "Shut up."

That's their default position on everything.  That and"shut up, racist (or sexist, homophobic.."

 

Posted by: Kratos (missing from the side of Olympus) at March 31, 2010 04:56 AM (9hSKh)

25 "Senator...we can't spend money...and count it as income or money saved...Fucking insane I know, but that's the real world for ya"

Posted by: hutch1200 at March 31, 2010 04:56 AM (giGwS)

26
But please, don't call the Obama administration, corrupt, thuggish, or communistic.
Honesty will not be tolerated.
 

*The lazy man's argument is that you are a racist.  That is the Frank Rich/Paul Krugman democrat media approved message.




Posted by: Lemon Kiten at March 31, 2010 04:57 AM (0fzsA)

27
Econ 101 Never heard of it.

Posted by: Dem Politicians at March 31, 2010 04:57 AM (tf9Ne)

28 Airplanes are racist.

Posted by: The Mega Independent at March 31, 2010 04:58 AM (9CYgl)

29 Non-issue. Most Americans this morning are more concerned about American Idol and Lost. Future scientists will establish the connection between spongiform encephalitis and television. The findings will not be televised.

Posted by: Pecos Bill at March 31, 2010 04:58 AM (8WOM0)

30 Waaaa.....waaaaa......those EVIL corporations are FOLLOWING THE LAW!
Waaa....waaaa....who do they think they are!

Posted by: GarandFan at March 31, 2010 04:59 AM (6mwMs)

31

Welcome to the brave new world of government by hack decree.  (Kneel and kiss my ring, peasant.)

Posted by: Hussein the Plumber at March 31, 2010 05:01 AM (RkRxq)

32
Democrats love to punish and vilify - vilify and punish.  It's for the common good.

Posted by: Lemon Kiten at March 31, 2010 05:07 AM (0fzsA)

33 All of the attempts at humor in these comments have come up way short. Try harder.

Posted by: Scofflaw at March 31, 2010 05:07 AM (0Fd4+)

34

Democrats think that accounting is a grand conspiracy to make them look bad.

Accounting was developed about 500 years ago by a Fransican monk. Of course the whole double-entry practice is sinister. Look for a full explanation in Dan Brown's next book.

Posted by: FireHorse at March 31, 2010 05:07 AM (cQyWA)

35 Reality is a grand conspiracy to make them look bad.

Posted by: real joe at March 31, 2010 05:07 AM (WjerO)

36 Another example of unions ruining a once great company.



Posted by: Barbarian at March 31, 2010 05:08 AM (EL+OC)

37 Well, you know what this calls for?

Another unprecedented television appearance by the Liar-in-Chief.

Like I said in the first post like this: The CEOs should show up and start using bullshit phrases and terms that sound business-like just to see how many of the fucking no-good, low-life, blood-sucking pos Dems repeat without knowing it's fake.

Posted by: jimmuy at March 31, 2010 05:09 AM (xJzIj)

38
More democrat progress! 


Private-sector jobs in the U.S. dropped by 23,000 this month, according to a national employment report published Wednesday by payroll giant Automatic Data Processing Inc. and consultancy firm Macroeconomic Advisers.



At least the government will be hiring 16,500 new IRS agents. 

Posted by: Lemon Kiten at March 31, 2010 05:10 AM (0fzsA)

39 "Sir...My job is dependant on our companys' performance...not like your incumbent foe life horseshit".

Posted by: hutch1200 at March 31, 2010 05:11 AM (giGwS)

40 I'm certain that it was just an oversight but, posts mentioning "(nice hooters)" without a link are verboten.

Sorry, it was a TV debate, no link possible.

Posted by: Vic at March 31, 2010 05:11 AM (QrA9E)

41

All of the attempts at humor in these comments have come up way short. Try harder

So, two guys walk into a bar.  You would think that the second guy would have seen it.

No?

Posted by: The Outlaw in the Heavenly Hall at March 31, 2010 05:12 AM (rjI52)

42 Repeal Sarbanes-Oxley! Certifying the accuracy of financial statement is just a big, expensive bother that costs businesses millions of dollars every year.

Posted by: Ron Paul at March 31, 2010 05:13 AM (mHQ7T)

43 When the money keeps rolling out you don't keep books
You can tell you've done well by the happy grateful looks
Accountants only slow things down, figures get in the way
Never been a lady loved as much as Eva Peron

Posted by: Tom Servo at March 31, 2010 05:13 AM (T1boi)

44 Dont forget yesterday Obama priomised a fair, open bidding process for EADS on the tanker refueling contract...Obama will probably throw Boeing under da bus now....

Posted by: ginaswo/MiM at March 31, 2010 05:13 AM (YpvG5)

45 Too bad these companies couldn't make the COE's "Wise Latinos" for the duration. Yeah, OK, I'll ban myself.

Posted by: hutch1200 at March 31, 2010 05:13 AM (giGwS)

46 We need more rgulation to prevent another Enron..unless they make us look as stupid as we are.-H Waxman, ghey porn fluffer

Posted by: hutch1200 at March 31, 2010 05:16 AM (giGwS)

47 44 Dont forget yesterday Obama priomised a fair, open bidding process for EADS on the tanker refueling contract...Obama will probably throw Boeing under da bus now....

Posted by: ginaswo/MiM at March 31, 2010 10:13 AM (YpvG5)

Congress to Boeing: No KC-X FOR YOU!

Posted by: Nighthawk at March 31, 2010 05:17 AM (OtQXp)

48 War on drugs terror mathematics

Posted by: iowahawk at March 31, 2010 05:17 AM (veL4N)

49 Sarbanes-Oxley's a bitch.

That is a POS law that needs to be repealed ASAP.  It doesn't do a damn thing that it was passed to do.  How about all that fraud at Fannie Mae AFTER Sarbanes-Oxley was passed (and nobody was prosecuted).

What is funny is the requirement for "approving time sheets" of employees. When the Plant General Manager was on vacation his secretary used to bring her time sheet for me to appove. After Sarbanes-Oxley I could no longer do that.  You had to have someone of equal rank to approve it and since the PGM was the highest in the group we had to go to corporate to get a signature for a secretary's time sheet.

What BS. 

Posted by: Vic at March 31, 2010 05:17 AM (QrA9E)

50 These companies are going to reconfigure themselves into unicorn ranches.

Posted by: Tattoo De Plane at March 31, 2010 05:17 AM (mHQ7T)

51 Perhaps Boeing can defray the cost of the charge down if Waxman permits his copious nostrils to be used as hangars for Boeing's production line, thereby saving rent costs or property taxes?

Posted by: sladenyv at March 31, 2010 05:17 AM (saiGq)

52 Any day now Waxman is going to call the CEOs of Fannie Mae and Freddie Mac to demand they explain how Waxman is doing nothing to put their liabilities assumed by the US Treasury on the books of the United States Government.

Posted by: wtfci at March 31, 2010 05:18 AM (+zo63)

53 The beatings will continue until morale improves.

Posted by: King Barry the Userper at March 31, 2010 05:19 AM (tf9Ne)

54

When I want a pizza, I call Dominoes. I don't fly a fucking Chef in from Chicago.

When I want to take the kids to see the Statue of liberty, I don't send AF1 and a few fighters to scare the shit out of Manhattan.

On Date Night, we don't fly to NY and empty a theatre, we cook up some bacon and rent some pron...Nevermind that last part.

And this dick, who never had a job...wants an accounting lesson?

Posted by: hutch1200 at March 31, 2010 05:20 AM (giGwS)

55

We'd have done a better job hiding the costs in the HC bill.

Posted by: Arthur Anderson at March 31, 2010 05:20 AM (ucq49)

56

Actually I don't think the dems are suprised by this. I think they are happy about this. I think they are going to bring them all in for a show trial, that way they can claim their is some corporate conspiracy any time someone speaks poorly of Obamacare. 

I mean Snowball did destroy the windmill after all..

Posted by: Ben at March 31, 2010 05:20 AM (wuv1c)

57

If the evil Bushhitler or Republicans dragged these people before Congress over this the Dims, libs and LSM would be screaming McCarthyism

Posted by: TheQuietMan at March 31, 2010 05:21 AM (1Jaio)

58 Since the Auto guys got hammered for showing up in their company's airplanes, and had to drive their own cars, then Boeing should do the same. Not take the corp jet, maybe borrow the Airborne Laser and park it next to Air Force One. I think they are both 747-400's, but the ABL is a potential peace maker and life saver. Obama is a rotten bastard for canceling a program with that much potential.

Posted by: Mephitis at March 31, 2010 05:22 AM (ehXLT)

59 Wait till WalMart posts their numbers... Ooooh, that's going to hurt.

Posted by: TexBob at March 31, 2010 05:22 AM (2jp4I)

60 And the ABL would make a great get away vehicle if the hearings didn't go well.

Posted by: Mephitis at March 31, 2010 05:23 AM (ehXLT)

61 Even if they don't subpoena me, I will show up eventually.

Posted by: Unintended Consequences at March 31, 2010 05:24 AM (7VvJB)

62 Obama is a rotten bastard [ delete remainder... for canceling a program with that much potential.] FIFme sometimes less words is more.

Posted by: Mephitis at March 31, 2010 05:25 AM (ehXLT)

63 Isn't "Cook the Books"  part of the Democrat Party platform?

Posted by: Fritz at March 31, 2010 05:26 AM (GwPRU)

64

Don't they have hearings on baseball, or womens basketball points shaving coming up? More important that getting schooled by accounting geeks.

I'd love to be one of the CEO's and stand up and say..."Fuck you...we're closing". Then buy up a shitload of stock on the cheap. Followed by an announcement that you were just kidding!

Posted by: hutch1200 at March 31, 2010 05:26 AM (giGwS)

65 Who do they think they are by informing their shareholders of required accounting updates? Bunch of racists is what they are.

Posted by: taylork at March 31, 2010 05:26 AM (0Hn5w)

66 20

I was watching the news last night, and loved how Krauthammer schooled Juan Williams on this subject. 

Juan was taking the position that the companies were whining about the loss of a tax break for prescription drugs.  Krauthammer blasted him out of the water by saying, essentially, "So what?  They still have to report a revenue hit by law."

So, it appears the left's position on this is, "Shut up."

 

Posted by: The Outlaw in the Heavenly Hall at March 31, 2010 09:54 AM (rjI52)


Did you hear that stupid fuck Juan Williams on Hannity's radio show yesterday?  He said that the companies were illegally looking for a tax break!  Why does Fox have idiots like him on TV?

Posted by: Hedgehog at March 31, 2010 05:27 AM (oQIfB)

67

Quite ingenous really. If they say they are going to take a hit Waxman (D-CA) puts them on show trial and if they don't say they are going to take a hit then they have violated the SEC laws. Either way they lose not only money but cred. Hence, the evil multi-national and national capitalist corperations are discreditied----therefore, the govt should take them over and regulate them, right? Ba-bye capitalism, hello communism.

 

Posted by: dagny at March 31, 2010 05:28 AM (AGXlA)

68

S.E.'s Cupps are on MSNBC right now..

...I'll be in my bunk in a few minutes

Posted by: beedubya at March 31, 2010 05:29 AM (AnTyA)

69 Is barry gonna send AF! out to pick these guys up? Or let the AT&T guy do it by video conference. He's been talking about "investing in telecomm inferstructure" forevah!

Posted by: hutch1200 at March 31, 2010 05:31 AM (giGwS)

70

They're going to need a bigger committee room if Waxman wants to grill all of these CEO's at one time.

Posted by: Mikey NTH at March 31, 2010 05:32 AM (O9Cc8)

71 I find this whole thread racist or conspiritorial or whatever today's theme is by the obamatrons.  Also unexpected.

Posted by: Guy Fawkes at March 31, 2010 05:32 AM (7VvJB)

72  was watching the news last night, and loved how Krauthammer schooled Juan Williams on this subject. 

Juan was taking the position that the companies were whining about the loss of a tax break for prescription drugs.  Krauthammer blasted him out of the water by saying, essentially, "So what?  They still have to report a revenue hit by law."

So, it appears the left's position on this is, "Shut up."

 

Look, I like Juan Williams. He is what I consider a good democrat. That aside, I was dumbfounded at how little he knew or didn't understand how economics and accounting works. He thought it was some sort of conspiracy, and couldn't comprehend that because of Sarbanes-Oxley, companies are required to revise their quartlerly and yearly estimates should anything(read:public policy) come up that would affect their balance sheet.  This is something that both democrats and republicans should be in total agreement over. Public Companies should be required to use honest and accurate accounting policies, even if our government doesn't. I was suprised that Williams knew so little about this subject. I would think that this kind of regulation is something the regulation happy democrats would be all for.

Posted by: Ben at March 31, 2010 05:33 AM (wuv1c)

73 "Sir this is how accounting is done...since none of you pricks file, let alone pay taxes, we don't expect you to understand".

Posted by: hutch1200 at March 31, 2010 05:33 AM (giGwS)

74 36 Another example of unions ruining a once great company.

Bad management can ruin a company, but only a union can destroy a whole industry.

Posted by: AmishDude at March 31, 2010 05:34 AM (T0NGe)

75 It's morning and I feel racist.

Posted by: Wizard of id at March 31, 2010 05:34 AM (eoYse)

76 But will there be "country club" gulags for the CEOs?

Posted by: Soap MacTavish at March 31, 2010 05:35 AM (554T5)

77 Democrats think that accounting is a grand conspiracy to make them look bad. They have been putting that accounting stuff in our drinking water. That is what makes the rainbows appear.

Posted by: conspiracy guy in the know at March 31, 2010 05:35 AM (4Kl5M)

78
We can solve our economic problems with Joe Biden's EMOTION.
Here's a sweet taste

[Michael Graham - the corner]

"Remember when Joe Biden was pushing higher taxes on the "wealthy" because it is the patriotic duty of everyone earning $250k to pay more? Well, he's back an defending tax hikes again, only "patriotism" has given way to another "ism" that I'm not allowed to mention because it's allegedly racist to do so:"


Joe Biden's emotion to our rescue:


"It's a simple proposition to us: Everyone is entitled to adequate medical health care," Biden says. "If you call that a 'redistribution of income' — well, so be it. I don't call it that. I call it just being fair — giving the middle class taxpayers an even break that the wealthy have been getting."

-Brave Biden, emotional VP, head of emotions

See!

We can save American by taxing to death.  Joe Biden's sweet emotional argument is empty on economics - but full of that sweet old time emotion that stupid Americans loves so much.




Posted by: Lemon Kiten at March 31, 2010 05:35 AM (0fzsA)

79 Unless of course you don't mind stormtroopers on your doorstep.

Nah, as far as I'm concerned they can send as many stormtroopers as they want.  Haven't you seen the movies?  Those guys can't shoot for shit. 

Posted by: StuckOnStupid at March 31, 2010 05:36 AM (e8T35)

80 33 All of the attempts at humor in these comments have come up way short. Try harder.

Posted by: Scofflaw at March 31, 2010 10:07 AM (0Fd4+)

Roses are red

Violets are blue

Scofflaw got fucked in the mouth by the A/V club.



What? Too derivative?

Posted by: Warden at March 31, 2010 05:37 AM (TIGTh)

81 If these CEOs want to have a debate on profits and earnings ratios, then that is a debate I would welcome!

Posted by: President Saystuff at March 31, 2010 05:38 AM (TIGTh)

82 OT - WTF, Odumbass is only going to approve oil exploration, but not production?  What kind of energy policy is that?  This guy really likes to make worthless policy announcements.

Posted by: Guy Fawkes at March 31, 2010 05:38 AM (7VvJB)

83
Up next: Obama will appoint a czar to regulate the malpractice insurers.

Mark me words.

Posted by: Tweet, a Joo, and a Mexican walk into a bar... at March 31, 2010 05:40 AM (X1Xo9)

84 He is what I consider a good democrat. That aside, I was dumbfounded at how little he knew or didn't understand how economics and accounting works.

He got a BA in philosophy.  But if there's one thing they all have in common, liberals don't understand the law of unintended consequences.

Posted by: AmishDude at March 31, 2010 05:40 AM (T0NGe)

85 82 OT - WTF, Odumbass is only going to approve oil exploration, but not production?  What kind of energy policy is that?  This guy really likes to make worthless policy announcements.

Posted by: Guy Fawkes at March 31, 2010 10:38 AM (7VvJB)

Just a ploy to get "bipartisan" support for the Energy Tax.  He knows full well that actual drilling will be tied up in environmental studies and court challenges for decades.

Posted by: Nighthawk at March 31, 2010 05:40 AM (OtQXp)

86 Congressman Waxman, we've determined that the $150 million charge will destroy or prevent 10,000 Boeing jobs

Posted by: Boeing Exec at March 31, 2010 05:41 AM (ucq49)

87

Dare I say it?

Lynch mob.

Posted by: Ella at March 31, 2010 05:41 AM (wUNmt)

88
What kind of energy policy is that? 

It's smart politics, is what it is. The Democrats just took one of our key issues off the table. The Republicans weren't using it, anyway.

This is what happens when the Republicans sit around with their thumbs up their asses.

Posted by: Tweet, a Joo, and a Mexican walk into a bar... at March 31, 2010 05:42 AM (X1Xo9)

89 This is just so unfair for those Fortune 200 CEO's to make up stories about imaginary charges just to damage President Obama's wonderful agenda.  Just wait until these miscreants are before Congressman Waxman and he will explain in detail how to run these companies efficiently. 

Posted by: Fish at March 31, 2010 05:43 AM (M5t+h)

90 giving the middle class taxpayers an even break that the wealthy have been getting."

But the whole beauty of our system is that the vast majority of the middle-class, even the lower middle-class, was able to get world-class health care.  Now the middle-class will be paying for a very low quality care for the indigent and lazy.

And artists.  We can't forget "artists".

Posted by: AmishDude at March 31, 2010 05:43 AM (T0NGe)

91

Did you hear that stupid fuck Juan Williams on Hannity's radio show yesterday?  He said that the companies were illegally looking for a tax break!  Why does Fox have idiots like him on TV?

Posted by: Hedgehog at March 31, 2010 10:27 AM (oQIfB)

They should have made that deal during the election like Portland Trailblazers owner and Microsoft co-founder billionaire Paul Allen.

Posted by: Tattoo De Plane at March 31, 2010 05:44 AM (mHQ7T)

92

Yeah, he came out as pro nuclear power and then defunded Yucca.

Tool

Posted by: dagny at March 31, 2010 05:44 AM (AGXlA)

93 Reality is a harsh mistress.

Posted by: Cautiously Pessimistic at March 31, 2010 05:49 AM (pZEar)

94

Why not leave this numbers shit to AlGore and the IPCC?

What could go wrong?

Posted by: hutch1200 at March 31, 2010 05:52 AM (giGwS)

95 Time magazine did a piece showing the upside and downside of Obamacare for selected groups.  They actually did a reasonably (for them) fair job.  The common thread throughout all four groups was "Oh yeah, you get all these neat benefits, but it is going to cost you lots more money."  My favorite was the young adult group where they admitted that many people in that group don't have insurance because they simply don't think they need it.  They also pointed out that this group will be forced to buy something that they might not be able to afford, even with the subsidies.

Posted by: Steve L. at March 31, 2010 05:53 AM (Gkhxf)

96

This is Atlas Shrugged being televised in real-time.

But the corruptocrats have little choice. It is their nature to defraud and defame.

We should attack those who fund these pervese individuals.

Posted by: mike in va at March 31, 2010 05:54 AM (dCQ+L)

97 You know what makes me really hot? The idea that one of these days, ABC/CBS/ NBC MSNBC, NYT's, WaPo, CNN and all the other relics of "big media" will find out that they too have to pay BILLIONS because of the actions of their god turned president.

Posted by: shibumi at March 31, 2010 05:54 AM (OKZrE)

98

Democrats think that accounting is a grand conspiracy to make them look bad.

No, no, no, they're just objecting to the use of the old-fashioned "legal" kind.  They use the magical smoke and mirrors kind, and so they just assumed everyone else would too.  Easy mistake.

Posted by: sherlock at March 31, 2010 05:55 AM (cq3pU)

99 Individuals to Be Required to Buy "D'Oh!bama" Insurance": tinyurl.com/ybqoagf

Posted by: Justin Camp at March 31, 2010 05:56 AM (nF4Jh)

100 Whacking the lefty talking points:

... liberal commentators are harmonizing around the charge that conservatives are hypocrites for supporting “corporate welfare” opportunistically. At ThinkProgress, Igor Volsky asked, “Why Aren’t Fiscal Conservatives Outraged By The Wasteful Prescription Drug Subsidy?” MarketWatch’s Cody Willard mocked, “HEY, BIG GOVERNMENT, KEEP YOUR DAMN HANDS OFF MY SUBSIDIES AND ENTITLEMENTS!” And the Washington Post’s Ezra Klein wrote, “Let’s be clear: It is corporate welfare being defended, not the market.”

The response to all of this is pitifully obvious: The retiree drug subsidy — this egregious example of “corporate welfare” — would not be necessary if a Republican-led government had not taken a Democrat-designed social-welfare apparatus and appended a massive expansion (now there’s your hypocrisy). In other words, this bit of corporate welfare was designed to keep people off of actual welfare, broadly defined. It takes some nerve to ignore this basic context when lobbing these accusations of hypocrisy.

But there is another, more important point to keep in mind here. The people hurling these accusations just supported one of the biggest corporate-welfare programs our nation has ever created. Obamacare subsidizes the purchase of health insurance and forces people to buy it. Many liberals who opposed the bill because it lacked a “public option” — a government-run insurance program — semi-accurately characterized it as a bonanza for the private insurance industry. As former DNC chair Howard Dean wrote in the Washington Post, the Senate bill “expands private insurers’ monopoly over health care and transfers millions of taxpayer dollars to private corporations” — and nothing in the package of reconciliation “fixes” that Obama signed on Tuesday would alter that basic fact."

http://tinyurl.com/yke9r4s

Posted by: Lemon Kiten at March 31, 2010 05:59 AM (0fzsA)

101

This is Atlas Shrugged being televised in real-time.

But the corruptocrats have little choice. It is their nature to defraud and defame.

We should attack those who fund these pervese individuals

 

Don't you get it, we make laws because we want you to break them.

Posted by: Ben at March 31, 2010 06:03 AM (wuv1c)

102 So if you're a CEO, just drop off your papers at the SEC, then mosey on over to Congress to get spanked. Every once in a while Waxman will pick out a bad one to get carted away and shot.

Just like the terror techniques from Sadaam in his famous auditorium scene.

Posted by: PJ at March 31, 2010 06:07 AM (Z9DO/)

103 We're going to need more chairs

Posted by: bulwark at March 31, 2010 06:10 AM (PO/9k)

104

Does anyone know if General Motors has announced what hit they will be taking and whether they have been called before Commisar Waxman? How about AIG?

 

 

 

Posted by: Ronno at March 31, 2010 06:25 AM (+P5gy)

105 my employer issued a bland statement that the status quo will be maintained. The code phrases indicate that a charge will eventually be taken. Since cap and trade will crush us if the Dems so desire, the exec's will toe the line for fear of retribution

Posted by: rapid at March 31, 2010 06:26 AM (HVDh7)

106 Guess that lock on the Air Force's next generation tanker contract is a thing of the past now.

I wish.

Posted by: Mobile Alabama at March 31, 2010 06:30 AM (PD1tk)

107

"Democrats think that accounting reality is a grand conspiracy to make them look bad."

Better now. 

Posted by: Phil Snyder at March 31, 2010 06:36 AM (mjt+0)

108 but so many of these companies were all gaga over obambi. they support dems, so what did they expect?

Posted by: mistress overdone at March 31, 2010 06:38 AM (2/oBD)

109 Democrats still thinks laws don't apply to the politburo.

Posted by: bill-tb at March 31, 2010 06:46 AM (y+QfZ)

110 "All of the attempts at humor in these comments have come up way short. Try harder So, two guys walk into a bar. You would think that the second guy would have seen it." Two Muslims walk into a bar. Boom.

Posted by: richard mcenroe at March 31, 2010 06:52 AM (Wxy9o)

111 My soon to be wife is a HR. Benefits director for a non profit. She's in a meeting today with their insurance broker trying to figure out how they keep their 900+ employees employed. At a bare minimum base coverage for the 300 who don't take the hc plan now for themselves not including family plans is going to cost their company an additional $750,000. Add spouses and children the prelim estimates are on the very low end $1.8 million. On top of their $5M policy they have now. There are really 2 options..close the doors or don't offer coverage. If you like your coverage you can keep your coverage..if your company can pay for it you fucking chumps.

Posted by: evil libertarian at March 31, 2010 07:03 AM (E+XdS)

112 You can order a brand-new tricked-out Dreamliner for less than $150M.

Posted by: HeatherRadish at March 31, 2010 07:16 AM (mR7mk)

113 Looks like Pigman Waxman's inquisition hearings room is going to get mighty crowded...

Posted by: Chainsaw Chimp at March 31, 2010 08:05 AM (k4bdL)

114 104

Does anyone know if General Motors has announced what hit they will be taking and whether they have been called before Commisar Waxman? How about AIG?

 

Oh, I'm sure that there's a special exemption for them, buried down deep in the shit sandwich.

Posted by: Chainsaw Chimp at March 31, 2010 08:07 AM (k4bdL)

115 "Democrats think that accounting is a grand conspiracy to make them look bad."

Ouch.

Quote of the day -- and so true.

Posted by: Christoph at March 31, 2010 08:11 AM (0fq7b)

116 Math has a well known conservative bias.

Posted by: mr.frakypants at March 31, 2010 08:27 AM (zOP98)

117 Ma'am...ma'am...I...I'm sorry to interrupt, but if you could please refer to me as "C.E.O. McNerney," because you know I've worked so hard for that title...

Posted by: reason at March 31, 2010 08:52 AM (F26eZ)

118

"They have been putting that accounting stuff in our drinking water. That is what makes the rainbows appear."

HAAPR CONTRAILS ENERGY EMISSIONS OFF THE SIDE OF MY HOU...hey, are you gonna finish your lead-paint flakes?

Posted by: DBOOTS, THE MOST IMPORTANT PERSON ON YOUTUBE at March 31, 2010 08:56 AM (F26eZ)

119 I was suprised that Williams knew so little about this subject. I would think that this kind of regulation is something the regulation happy democrats would be all for.

Don't be surprised. "Educated" means you got a degree in a certain subject. A degree in political science doesn't make you a financial wizard or a nuclear physicist. Unless you're a leftist, then a degree in poly sci or another useless area means "I know everything, shut up"

Douchebag Thomas Frank had another "shut up and obey your superiors" column in the WSJ today. He's the turd who wrote "What's the Matter with Kansas", who thought Northeastern elitist should go into the Heartland and educate the rubes on what wonderful things are being done for them by their betters. Odds are that Frank would visit a Kansas farm and try to milk a bull.


Posted by: kbdabear at March 31, 2010 09:47 AM (sYxEE)

120 LET'S HAVE A TICKLE-RODEO!

Posted by: Eric Massa, in chaps but no jeans at March 31, 2010 12:31 PM (kZVsz)

121 Reliable and professional website for retail where you can buy Clearance MBT Shoes, Air Yeezy Shoes and Air Max 2010 with free shipping

Posted by: puma running shoes at April 01, 2010 11:31 PM (ULaGr)

122 The CEOs should show up and start using bullshit phrases and terms that sound business-like just to see how many of the poor, low-life, blood-sucking pos Dems repeat without knowing it's fake.
cruise vacation

Posted by: Tod at April 15, 2010 04:48 PM (k2I6b)

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