Holly,
So be European, just take 50% of your hard earned money
and give it to Mac Daddy in Detroit if you are so genorous !
*****************************************************************************************
On Mar 20, 12:22 am, Hollywood <[email protected]> wrote:
> dick,
>
> What the fuck, let's just scrap the whole idea. Everyone knows that
> Americans are simply too corrupt and stupid to figure it out. We
> should just stumble along spending approx. 25% of our GNP on health
> care. Let's leave complicated things like this to Europeans,
> Canadians, Australians and Asians.
>
> What the fuck do "business executives" NOT complain about?
>
> On Mar 19, 10:46 pm, dick thompson <[email protected]> wrote:
>
>
>
> > Caterpillar: Health care bill would cost it $100M
>
> > Published on March 19, 2010 7:10 AM | Submit a comment
> > <http://www.chicagobreakingbusiness.com/2010/03/caterpillar-health-car...>
>
> > Caterpillar.jpgA worker at Caterpillar's plant in Mossville, Ill. (Jos�
> > Mor�/Chicago Tribune)
>
> > *Dow Jones Newswires | *Caterpillar Inc. said the health-care overhaul
> > legislation being considered by the U.S. House of Representatives would
> > increase the company's health-care costs by more than $100 million in
> > the first year alone.
>
> > In a letter Thursday to House Speaker Nancy Pelosi (D-Calif.) and House
> > Republican Leader John Boehner of Ohio, Caterpillar urged lawmakers to
> > vote against the plan "because of the substantial cost burdens it would
> > place on our shareholders, employees and retirees."
>
> > Caterpillar, the world's largest construction machinery manufacturer by
> > sales, said it's particularly opposed to provisions in the bill that
> > would expand Medicare taxes and mandate insurance coverage. The
> > legislation would require nearly all companies to provide health
> > insurance for their employees or face large fines.
>
> > The Peoria-based company said these provisions would increase its
> > insurance costs by at least 20 percent, or more than $100 million, just
> > in the first year of the health-care overhaul program.
>
> > "We can ill-afford cost increases that place us at a disadvantage versus
> > our global competitors," said the letter signed by Gregory Folley, vice
> > president and chief human resources officer of Caterpillar. "We are
> > disappointed that efforts at reform have not addressed the cost concerns
> > we've raised throughout the year."
>
> > Business executives have long complained that the options offered for
> > covering 32 million uninsured Americans would result in higher insurance
> > costs for those employers that already provide coverage. Opponents have
> > stepped up their attacks in recent days as the House moves closer toward
> > a vote on the Senate version of the health-care legislation.
>
> > A letter Thursday to President Barack Obama and members of Congress
> > signed by more than 130 economists predicted the legislation would
> > discourage companies from hiring more workers and would cause reduced
> > hours and wages for those already employed.
>
> > Caterpillar noted that the company supports efforts to increase the
> > quality and the value of health care for patients as well as lower costs
> > for employer-sponsored insurance coverage.
>
> > "Unfortunately, neither the current legislation in the House and Senate,
> > nor the president's proposal, meets these goals," the letter said.
>
> > *Previous articles on Caterpillar from the Chicago Breaking Business
> > blog
> > <http://www.chicagobreakingbusiness.com/mt-search.cgi?blog_id=12&tag=C...>
> > and the Tribune Archives
> > <http://www.chicagotribune.com/topic/economy-business-finance/manufact...>.*
>
> > Click here to sign up for breaking news, business and sports alerts.
> > <http://www.chicagotribune.com/services/alerts/>- Hide quoted text -
>
> - Show quoted text -
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