Saturday, March 27, 2010

The ObamaCare Writedowns

Quoting The Wall Street Journal:
“Yesterday AT&T announced that it will be forced to make a $1 billion writedown due solely to the health bill, in what has become a wave of such corporate losses…

Democrats don't like what their bill is doing in the real world, so they now want to intimidate CEOs into keeping quiet.

The consulting firm Towers Watson estimates that the total hit this year will reach nearly $14 billion, unless corporations cut retiree drug benefits when their labor contracts let them.

Meanwhile, John DiStaso of the New Hampshire Union Leader reported this week that ObamaCare could cost the Granite State's major ski resorts as much as $1 million in fines”
Click the image & read the rest:
Click the image & read the rest
Our local Socialist rag reports:
“Steamboat Ski Area officials said Tuesday that the federal health care overhaul could cost their business as much as $2 million a year beginning in 2014.”
What a job killer!
Obama’s epic failure just got WORSE!
Maybe Obama’s biggest fan can offer advice.

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