Facts are meaningless. You could use facts to prove anything that's even remotely true!
Outrageous. Companies are adjusting their accounting to reflect increased healthcare cost since the passage of this bill? How dare they. Who are these CEO's to allow their accountants to accurately reflect increased costs due to the government collecting more taxes from this. This simply will not stand.
http://www.theatlantic.com/business/archive/2010/03/henry-waxmans-war-on-accounting/38206/
Or at least that's how Henry Waxman feels. First off i've got to say obviously this Waxman fellow is the pigman from seinfeld. Not that he deserves critisism for being the pigman from seinfeld, if anything he should be congratulated for rising so high in life, just something to note. Now to the point of hand. Never mind that these companies are required by law to change their balance sheets to reflect their increased costs, we know that it is racist to saying anything that could discourage people about this healthcare bill, so these racist companies are going around spewing their hate speech, and it simply will not stand. So Waxman has ordered them to appear before congress to explain themselves (obviously for a crime of this magnitude this is no explanation) and probably to lecture them on proper account methods. The type that have allowed this.
http://reason.com/archives/2010/03/25/the-entitlement-rip-off
Naturally politicians are required to lie to the public and pretend nothing costs anything and we can just keep spending money indefinitely with no worries, but CEO's of actual companies, that actually create things, create jobs, and increase the well being of society are required to report accurately to their investors.
http://www.theatlantic.com/business/archive/2010/03/henry-waxmans-war-on-accounting/38206/
Or at least that's how Henry Waxman feels. First off i've got to say obviously this Waxman fellow is the pigman from seinfeld. Not that he deserves critisism for being the pigman from seinfeld, if anything he should be congratulated for rising so high in life, just something to note. Now to the point of hand. Never mind that these companies are required by law to change their balance sheets to reflect their increased costs, we know that it is racist to saying anything that could discourage people about this healthcare bill, so these racist companies are going around spewing their hate speech, and it simply will not stand. So Waxman has ordered them to appear before congress to explain themselves (obviously for a crime of this magnitude this is no explanation) and probably to lecture them on proper account methods. The type that have allowed this.
http://reason.com/archives/2010/03/25/the-entitlement-rip-off
Naturally politicians are required to lie to the public and pretend nothing costs anything and we can just keep spending money indefinitely with no worries, but CEO's of actual companies, that actually create things, create jobs, and increase the well being of society are required to report accurately to their investors.
posted by Trashcan at 3/31/2010 12:45:00 AM
5 Comments:
I actually read the Stossel article yesterday and meant to blog about it, but I was too busy. Good work.
yeah, it's eye opening. I mean the numbers just don't work, could never work. To be fair it's not just democrats, no politician wants to admit to the public (and the elderly in particular) that social security doesn't work, that medicare doesn't work, that it is not a sustainable system. That people have been paying taxes all their lives under the promise that when they retired they would get the same, but it turns out we can't keep that promise. But eventually it will have to be said. It will have to come out. It simply cannot be sustained. Maybe it will be easier if other countries do it first. Look britain and france have had to cut back too.
i'm not sure that necessarily right. it might be sustained through massive tax hikes, raising the retirement age when benefits begin, and death panels. (if you can call that sustainment)
Indeed i do not call the sustained. Huge tax hikes will crash the economy, which will mean even huge taxes there still won't be enough money. Cutting back on benefits is the only solution, which is why it makes no sense and is not sustainable to be going around promising even more benefits, when you can't possibly pay for the things that have already been promised.
Here's more on health care: http://money.cnn.com/2010/04/09/news/economy/healthcare_insurance_affordable.fortune/index.htm
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