March 31, 2010
— 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
05:45 AM
| Comments (122)
Post contains 54 words, total size 1 kb.
Posted by: The Outlaw in the Heavenly Hall at March 31, 2010 05:47 AM (rjI52)
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 05:48 AM (9hSKh)
Posted by: TheQuietMan at March 31, 2010 05:48 AM (1Jaio)
Posted by: Nighthawk at March 31, 2010 05:49 AM (OtQXp)
Posted by: Mathematics at March 31, 2010 05:49 AM (FkKjr)
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 05:51 AM (FkKjr)
/sarc
Posted by: Twinks at March 31, 2010 05:51 AM (Epzoy)
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 05:51 AM (QrA9E)
Posted by: Pitchfork Pete at March 31, 2010 05:52 AM (90oki)
Posted by: Kemp at March 31, 2010 05:53 AM (2+9Yx)
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 05:53 AM (0fzsA)
How is this not gross abuse of office? Impeachment level abuse of office...
Posted by: 18-1 at March 31, 2010 05:54 AM (bgcml)
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 05:54 AM (rjI52)
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 05:55 AM (OtQXp)
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 05:55 AM (RkRxq)
Posted by: Fritz at March 31, 2010 05:56 AM (GwPRU)
#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 05:56 AM (9hSKh)
Posted by: hutch1200 at March 31, 2010 05:56 AM (giGwS)
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 05:57 AM (0fzsA)
Posted by: Pecos Bill at March 31, 2010 05:58 AM (8WOM0)
Waaa....waaaa....who do they think they are!
Posted by: GarandFan at March 31, 2010 05:59 AM (6mwMs)
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 06:01 AM (RkRxq)
Posted by: Scofflaw at March 31, 2010 06:07 AM (0Fd4+)
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 06:07 AM (cQyWA)
Posted by: real joe at March 31, 2010 06:07 AM (WjerO)
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 06:09 AM (xJzIj)
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 06:10 AM (0fzsA)
Posted by: hutch1200 at March 31, 2010 06:11 AM (giGwS)
Sorry, it was a TV debate, no link possible.
Posted by: Vic at March 31, 2010 06:11 AM (QrA9E)
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 06:12 AM (rjI52)
Posted by: Ron Paul at March 31, 2010 06:13 AM (mHQ7T)
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 06:13 AM (T1boi)
Posted by: ginaswo/MiM at March 31, 2010 06:13 AM (YpvG5)
Posted by: hutch1200 at March 31, 2010 06:13 AM (giGwS)
Posted by: hutch1200 at March 31, 2010 06:16 AM (giGwS)
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 06:17 AM (OtQXp)
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 06:17 AM (QrA9E)
Posted by: Tattoo De Plane at March 31, 2010 06:17 AM (mHQ7T)
Posted by: sladenyv at March 31, 2010 06:17 AM (saiGq)
Posted by: wtfci at March 31, 2010 06:18 AM (+zo63)
Posted by: King Barry the Userper at March 31, 2010 06:19 AM (tf9Ne)
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 06:20 AM (giGwS)
We'd have done a better job hiding the costs in the HC bill.
Posted by: Arthur Anderson at March 31, 2010 06:20 AM (ucq49)
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 06:20 AM (wuv1c)
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 06:21 AM (1Jaio)
Posted by: Mephitis at March 31, 2010 06:22 AM (ehXLT)
Posted by: TexBob at March 31, 2010 06:22 AM (2jp4I)
Posted by: Mephitis at March 31, 2010 06:23 AM (ehXLT)
Posted by: Unintended Consequences at March 31, 2010 06:24 AM (7VvJB)
Posted by: Mephitis at March 31, 2010 06:25 AM (ehXLT)
Posted by: Fritz at March 31, 2010 06:26 AM (GwPRU)
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 06:26 AM (giGwS)
Posted by: taylork at March 31, 2010 06:26 AM (0Hn5w)
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 06:27 AM (oQIfB)
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 06:28 AM (AGXlA)
Posted by: hutch1200 at March 31, 2010 06:31 AM (giGwS)
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 06:32 AM (O9Cc8)
Posted by: Guy Fawkes at March 31, 2010 06:32 AM (7VvJB)
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 06:33 AM (wuv1c)
Posted by: hutch1200 at March 31, 2010 06:33 AM (giGwS)
Bad management can ruin a company, but only a union can destroy a whole industry.
Posted by: AmishDude at March 31, 2010 06:34 AM (T0NGe)
Posted by: Soap MacTavish at March 31, 2010 06:35 AM (554T5)
Posted by: conspiracy guy in the know at March 31, 2010 06:35 AM (4Kl5M)
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 06:35 AM (0fzsA)
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 06:36 AM (e8T35)
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 06:37 AM (TIGTh)
Posted by: President Saystuff at March 31, 2010 06:38 AM (TIGTh)
Posted by: Guy Fawkes at March 31, 2010 06:38 AM (7VvJB)
Posted by: Tweet, a Joo, and a Mexican walk into a bar... at March 31, 2010 06:40 AM (X1Xo9)
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 06:40 AM (T0NGe)
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 06:40 AM (OtQXp)
Posted by: Boeing Exec at March 31, 2010 06:41 AM (ucq49)
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 06:42 AM (X1Xo9)
Posted by: Fish at March 31, 2010 06:43 AM (M5t+h)
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 06:43 AM (T0NGe)
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 06:44 AM (mHQ7T)
Posted by: Cautiously Pessimistic at March 31, 2010 06:49 AM (pZEar)
Posted by: Steve L. at March 31, 2010 06:53 AM (Gkhxf)
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 06:54 AM (dCQ+L)
Posted by: shibumi at March 31, 2010 06:54 AM (OKZrE)
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 06:55 AM (cq3pU)
Posted by: Justin Camp at March 31, 2010 06:56 AM (nF4Jh)
... 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 thereÂ’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/yke9r4sPosted by: Lemon Kiten at March 31, 2010 06:59 AM (0fzsA)
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 07:03 AM (wuv1c)
Just like the terror techniques from Sadaam in his famous auditorium scene.
Posted by: PJ at March 31, 2010 07:07 AM (Z9DO/)
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 07:25 AM (+P5gy)
Posted by: rapid at March 31, 2010 07:26 AM (HVDh7)
I wish.
Posted by: Mobile Alabama at March 31, 2010 07:30 AM (PD1tk)
"Democrats think that accounting reality is a grand conspiracy to make them look bad."
Better now.
Posted by: Phil Snyder at March 31, 2010 07:36 AM (mjt+0)
Posted by: mistress overdone at March 31, 2010 07:38 AM (2/oBD)
Posted by: bill-tb at March 31, 2010 07:46 AM (y+QfZ)
Posted by: richard mcenroe at March 31, 2010 07:52 AM (Wxy9o)
Posted by: evil libertarian at March 31, 2010 08:03 AM (E+XdS)
Posted by: HeatherRadish at March 31, 2010 08:16 AM (mR7mk)
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 09:07 AM (k4bdL)
Ouch.
Quote of the day -- and so true.
Posted by: Christoph at March 31, 2010 09:11 AM (0fq7b)
Posted by: mr.frakypants at March 31, 2010 09:27 AM (zOP98)
Posted by: reason at March 31, 2010 09:52 AM (F26eZ)
"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 09:56 AM (F26eZ)
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 10:47 AM (sYxEE)
Posted by: Eric Massa, in chaps but no jeans at March 31, 2010 01:31 PM (kZVsz)
Posted by: puma running shoes at April 02, 2010 12:31 AM (ULaGr)
cruise vacation
Posted by: Tod at April 15, 2010 05:48 PM (k2I6b)
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But donÂ’t you dare blame Axelrod. ItÂ’s not his fault. ItÂ’s his fatherÂ’s.
Posted by: Hussein the Plumber at March 31, 2010 05:46 AM (RkRxq)