Boiling Frogs

According to the Wall Street Journal, the Democrats have us in the pot now and are turning up the water...dangit if some of those obnoxious, no good "companies" that actually create jobs went out and started talking about something called "write downs:"

The Democratic political calculation with ObamaCare is the proverbial boiling frog: Gradually introduce a health-care entitlement by hiding the true costs, hook the middle class on new subsidies until they become unrepealable, but try to delay the adverse consequences and major new tax hikes so voters don't make the connection between their policy and the economic wreckage. But their bill was such a shoddy, jerry-rigged piece of work that the damage is coming sooner than even some critics expected.

So what does the preliminary damage look like?

On top of AT&T's $1 billion, the writedown wave so far includes Deere & Co., $150 million; Caterpillar, $100 million; AK Steel, $31 million; 3M, $90 million; and Valero Energy, up to $20 million. Verizon has also warned its employees about its new higher health-care costs, and there will be many more in the coming days and weeks.

So much for all the wonderful unicorn savings we were all going to get when we got to read the bill!  Oh well, not to worry...Ol' Henry Waxman is going to haul those company chieftains in for a dressing down in late April.  How dare you actually do what the bill mandates you to do!!  This is just the beginning folks, just the beginning.  The question you have to answer for yourself is, how do you like being in the pot? 

Read the full article here.