AT&T, Deere, Cat, et. al. just baseless rumors.

[thundley4]

still_one   (1000+ posts)           Fri Mar-26-10 05:58 PM
Original message
So I am being told that the new HCR bill is already costing companies more money
   
Is that accurate?

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x8027723

Name removed (0 posts)           Fri Mar-26-10 05:59 PM
Response to Original message
1. Deleted message
   
Message removed by moderator. Click here to review the message board rules.
 
still_one   (1000+ posts)           Fri Mar-26-10 06:02 PM
Response to Reply #1
5. Jesus Christ, I am asking for some help here, and all I get is wise ass remarks, Thanks a lot
   
NOT

 
Obamanaut   (1000+ posts)         Fri Mar-26-10 06:13 PM
Response to Reply #5
18. When folks don't really have an answer, you will get such remarks. They don't know
   
either, or you would get a real answer.

 
Name removed (0 posts)           Fri Mar-26-10 06:16 PM
Response to Reply #18
19. Deleted message
   
Message removed by moderator. Click here to review the message board rules.
 
still_one   (1000+ posts)           Fri Mar-26-10 06:54 PM
Response to Reply #18
40. That is all I was asking for, or at least a discussion so wecan utilize some rational arguments
   
when this comes up, and it will
 
Subdivisions   (1000+ posts)             Fri Mar-26-10 07:50 PM
Response to Reply #18
46. Who are you talking about? n/t
 
Obamanaut   (1000+ posts)         Sat Mar-27-10 08:23 AM
Response to Reply #46
58. Anyone who responds in a manner similar to the now deleted response #1 nt
 
JuniperLea   (1000+ posts)             Fri Mar-26-10 06:30 PM
Response to Reply #5
35. That was a damn fine answer to your question!
   
WTF are you railing against here?

Sub had it right... tell whomever it is that's feeding you this bullshit to back it up with some proof. What the **** is wrong with that?
 
still_one   (1000+ posts)           Fri Mar-26-10 06:56 PM
Response to Reply #35
41. Gee, I guess you don't want to know anything about the issues so you can discuss it
   
and the reasons why it is or isn't a good thing

You think that was a fine answer, that is the way to influence people.

 
Subdivisions   (1000+ posts)             Fri Mar-26-10 07:43 PM
Response to Reply #41
45. What the **** is wrong with asking them to back up their bullshit and if they can't,
   
telling them to STFU and stop spreading baseless rumors? [/quote]

Name removed must have had a difference of opinion.

still_one   (1000+ posts)           Fri Mar-26-10 08:25 PM
Response to Reply #45
48. Well my friend, these baseless rumors are out on most of the news outlets
   
http://news.yahoo.com/s/ap/20100326/ap_on_hi_te/us_tec_...

and you may or may not agree with the content of those baseless stories, but if you can't even hold a civil discussion, have a good day

Subdivisions   (1000+ posts)             Fri Mar-26-10 07:40 PM
Response to Reply #5
44. My comment was not directed at you. I was merely saying that if someone
   
is telling you this, make them show you some kind of proof. And, if they cannot show you proof, tell them to STFU.

How is that a wise ass remark?

still_one   (1000+ posts)           Fri Mar-26-10 08:29 PM
Response to Reply #44
49. I wasn't sure. Anyone telling an associate to STFU is not going to influence them
   
especially when you are trying to convience them NOT to believe what they read

http://news.yahoo.com/s/ap/20100326/ap_on_hi_te/us_tec_...


All I am looking for is a valid disucsssion, i.e. This is a loop-hole that has been closed, it won't take effect immedately, and by that time....

or it is a misrepresentation of the plan

I am pretty sure this will be plastered by our "friends" at the MSM next week since some major corporations are complaining

Thanks for the clarification

still_one   (1000+ posts)           Fri Mar-26-10 06:03 PM
Response to Reply #2
7. AT&T and CAT both reported that today, and that is what an associate told me
   
I am trying to get some information here to speak intelligently

That ain't gonna happen.

Walk away   (1000+ posts)           Fri Mar-26-10 06:19 PM
Response to Reply #7
23. In what way? Are they being fined? Who are these People you spoke to.
   
I was the CEO for a national company. I knew everything that was going on but most of our directors were clueless about specifics unless it was related to their divisions. Do they really know anything?

Sure you were.  However it was the CEOs of these companies making the reports. They are required to do so under SEC rules.  You would know that if you had been a CEO.

[The Village Idiot]

Companies making SEC-mandated disclosures are now "baseless rumors"?/

[jinxmchue]

Companies making SEC-mandated disclosures are now "baseless rumors"?/

When they hurt the plans of Teh Wun, then yes, they are.

[NHSparky]

And of course, should said company criticize "Teh Wun", they get their asses dragged to stare at Congressman Pig-Nose himself, and be lectured by people who can't run pantyhose on how to run multi-billion dollar businesses.

[Freeper]

Wonder if Obama will promise those companies that premiums will go down 3000% 

[ColonialMarine0431]

Hey DUmmies. How's that hope and change thing workin' out for ya when companies start cutting off your health insurance because it's cheaper to pay Obammy's fine than to offer health insurance. And good luck in the ER because Doctors are leaving the profession.   

[crockspot]

Walk away   (1000+ posts)           Fri Mar-26-10 06:19 PM
Response to Reply #7
23. In what way? Are they being fined? Who are these People you spoke to.
   
I was the CEO for a national company. I knew everything that was going on but most of our directors were clueless about specifics unless it was related to their divisions. Do they really know anything?

Zero bongs.

[thundley4]

Other DUmmies have picked up on the news.

ThomWV   (1000+ posts)           Sun Mar-28-10 08:33 AM
Response to Original message
1. John Deere Tractor, on its website, attributes $150 Million after tax cost to HCR
   
Edited on Sun Mar-28-10 08:41 AM by ThomWV
I read it last night.
Printer Friendly | Permalink | Reply | Top
 
maryf   (1000+ posts)             Sun Mar-28-10 08:39 AM
Response to Reply #1
3. Its going to snowball
   
even worse than anticipated, I think...

ThomWV   (1000+ posts)           Sun Mar-28-10 08:43 AM
Response to Reply #3
6. Well, it'll be a small snowball - it was $150M cost increase against $1.5B quarterly revenue
   
That is how the Press Release blurb read, a hundred fifty million cost increase against a one point five billion dollar quarterly revenue. So the increase is basically insignificant.

Send me 10% of your welfare check every month and tell me that it's insignificant.

maryf   (1000+ posts)             Sun Mar-28-10 11:19 AM
Response to Reply #6
14. Any change is significant to them... and I'm sure 10% is enough
   
to get them to make cuts, 10% is not insignificant to the stock holders, hhhmmm, but they are buying stocks on the word that the health coverage will be changed....
Printer Friendly | Permalink | Reply | Top
 
Statistical   (1000+ posts)           Sun Mar-28-10 01:14 PM
Response to Reply #6
18. 10% is barely significant?
   
Edited on Sun Mar-28-10 01:14 PM by Statistical
If you income declined 10% would you say it is insignificant?

Now I am not trying for them. For the system to be fair more people & companies will need to pay more however to say a 10% charge is insignificant is silly.

fasttense (1000+ posts)           Sun Mar-28-10 08:48 AM
Response to Reply #1
8. It's only a tax loop hole they can longer take.
   
They were, and still are, getting a subsidy from our tax dollars and then turning around and deducting that subsidy (our tax dollars) from their taxes. Just a minor reduction in welfare for corporations, Nothing More.

Don't worry, we poor will still be subsidizing John Deer's profits.

No, you  idiot, it was a tax incentive to get them to continue covering retirees.  Take away that incentive and what happens?

Why do these idiots all believe money belongs to the government.

[The Village Idiot]

10% of revenue, not profits.

That is a HUGE hit.

[Duke Nukum]

Hey DUmmies. How's that hope and change thing workin' out for ya when companies start cutting off your health insurance because it's cheaper to pay Obammy's fine than to offer health insurance. And good luck in the ER because Doctors are leaving the profession.   

They don't live in reality so it doesn't even register.  It's like when the Aztecs first saw men riding horses they thought they were seeing some sort of man-deer hybrid or the European shipts as giant floating mountains.  In essence, DUmmie Land is a cargo cult.

[The Village Idiot]

They don't live in reality so it doesn't even register.  It's like when the Aztecs first saw men riding horses they thought they were seeing some sort of man-deer hybrid or the European shipts as giant floating mountains.  In essence, DUmmie Land is a cargo cult.

lol

[GOBUCKS]

Walk away   (1000+ posts)           Fri Mar-26-10 06:19 PM
Response to Reply #7
23. In what way? Are they being fined? Who are these People you spoke to.
   
I was the CEO for a national company. I knew everything that was going on but most of our directors were clueless

Well, if a DUmmy was the CEO, the directors would almost certainly have to be clueless.

[Ralph Wiggum]

Well, if a DUmmy was the CEO, the directors would almost certainly have to be clueless.

Yeah right, a DUmmy was actually the CEO of a national company....

[miskie]

So, Obama wants to cover 10% more people in the USA, and its costing businesses 10% more -- Id say there is no actual magic nor mathematical ingenuity involved to understand the correlation..

[PatriotGame]

10% of revenue, not profits.

That is a HUGE hit.

Shhhh...it's basic economics math. Math to DUmmys is wizardry the likes of which are only seen in Harry Potter films.

[kenth]

10% of revenue, not profits.

That is a HUGE hit.

Yep. If not outright send them negative, it's going to leave very little.

[Randy]

Yeah right, a DUmmy was actually the CEO of a national company....

Now now now. DUmmie was CEO of Walkawaywithyourmoney101 at the eBay for 3 whole weeks before they locked his account for screwing up the math on .01 + 4.99 shipping. 

[Karin]

I'm just sitting here with baited breath, waiting for them to receive rent increase letters. 

[The Village Idiot]

I'm just sitting here with baited breath, waiting for them to receive rent increase letters. 

and those huge check deductions for "long term care".

I want to see the tears.

[diesel driver]

I'm sure the DUmmies will all understand when the organic grocer charges more for produce because the farmer he gets it from has to charge more to pay for a new John Deere tractor....

Or not....   

[Karin]

Walk away   (1000+ posts)           Fri Mar-26-10 06:19 PM
 
I was the CEO for a national company.

Translation:  When I was 8 years old, I owned a lemonade stand.  Two legs of the card table were in NY, and the other two were in CT.  It went belly up when my hippie mom made me give it away for free. 

Anyway, you see where Nosrilitis is demanding these CEOs come to Washington to 'splain these charge offs?  I say "bring it on."  I'm sure these numbers can be substantiated quite reasonably.  Shine some badly needed light on the whole sordid mess so graciously given to us by the demos. 

And these DUmmies above crack me up.  Letting fly with a whole bunch of F bombs when someone else asks you about this subject is no way to gain credibility for oneself or ones party or ideology.  Numbnuts. 

[delilahmused]

Walk away   (1000+ posts)           Fri Mar-26-10 06:19 PM
Response to Reply #7
23. In what way? Are they being fined? Who are these People you spoke to.
   
I was the CEO for a national company. I knew everything that was going on but most of our directors were clueless about specifics unless it was related to their divisions. Do they really know anything?

In other words, he sold an ounce of pot to someone he met in a bar who was on vacation and lived on the other side of the country.

Cindie

[Karin]

I just brought this over from the thread cause it made me laugh:

discocrisco01 (220 posts)        Sat Mar-27-10 05:25 PM
Response to Reply #85
86. Well
 The key thing with these guys is how to read financial statements. Luckily, I am trained accountant so this stuff is English for me.

On AT&T, went to a website and no results.
 

Clear as mud, there, Pedro.  Thanks for the insight, always grateful for a professional accountant. 

[GOBUCKS]

I just brought this over from the thread cause it made me laugh:

Clear as mud, there, Pedro.  Thanks for the insight, always grateful for a professional accountant. 

That DUmmy's English skills remind me of a Nigerian prince who once asked me for help in moving some money to this country.

[AllosaursRus]

10% of revenue, not profits.

That is a HUGE hit.

More than likely, that is their profit!!!!!!!!!!111111