You knew this was coming.
20 Ways ObamaCare Will Take Away Our Freedoms
When your debt exceeds revenue, banks no longer want to lend.
While Treasuries backed by the full faith and credit of the government typically yield less than corporate debt, the relationship has flipped as Moody’s Investors Service predicts the U.S. will spend more on debt service as a percentage of revenue this year than any other top-rated country except the U.K. America will use about 7 percent of taxes for debt payments in 2010 and almost 11 percent in 2013, moving “substantially” closer to losing its AAA rating, Moody’s said last week.
That thing about protection of children’s pre-existing conditions: It’s a lie.
Caterpillar announced last week that it would take a $100 million hit from the mandates in ObamaCare.
John Deere projects $150 million hit from ObamaCare
……It also takes the cash that would have fueled expansion, new job creation, and retirement income and sticks it into the hands of government bureaucrats. It will massively bleed the economy at a point in time where we desperately need the private sector to invest in itself and create new jobs and new opportunities.
Instead, those manufacturing jobs will simply go outside the US. If John Deere or Caterpillar doesn’t move them overseas, then foreign manufacturers will take up the slack instead. There would have been no good time for ObamaCare, but this is the absolutely worst time of all to impose these backbreaking taxes on the private sector. Expect unemployment to remain high, and perhaps even go higher, as a result of Congress’ work.
Verizon sent email to its employees saying that Obamacare would probably cause its costs to go up.
On that note, the Obama Reich will call the CEOs of Verizon, John Deere, Caterpillar, and AT&T on the carpet for daring to speak out on the devestation ObamaCare will bring to those (and other) corporations.
Max Baucus admits socialist goal of ObamaCare.
Get ready for the value added tax.
Arizona will be forced to spend $3.8 billion it it doesn’t have.
Aetna: Premiums will increase because of ObamaCare.
46.3% of primary care physicians (family medicine and internal medicine) feel that the passing of health reform will either force them out of medicine or make them want to leave medicine.
But, we’re “racist” for pointing out just how much of a clusterfuck this socialist trainwreck really is.