I’m on the road at present — I spoke at University of North Carolina last night, on the heels of speaking at St. John’s in Minnesota (third time in two years . . . thanks, folks — and thanks as always to YAF). But I wanted to post a thought that keeps popping into my head every time I read, during my regular sitting-in-airports-and-on-planes-Corner-updates, of the Dems squealing over and bullying the regulated community for restating their earnings in the face of liabilities created by Obama’s health-care takeover.
That’s the takeover that — like his planned energy-sector takeover — wasn’t supposed to cost anything:
Why won’t there be more such write-downs coming as this Obama initiative unfolds, as well?
Why, precisely, shouldn’t we expect more of the same from Henry Waxman and crew — shocked, shocked as they are that companies which dared not confront publicly the Obama bullying machine in the run-up to an expensive political decision should now dare to follow the law and detail the financial hit?
If you haven’t read Atlas Shrugged, and don’t have the time now, just read the newspapers.
How pathetic is the liberal whining about the supposed impropriety of these companies plainly stating (per the applicable laws and regulations) their quandary now, when — after all — they said nothing when the law was being considered? But, of course, the laws and regulations say nothing about requiring such projections during a political debate — though we can be confident how Emanuel, Waxman, et al., would have reacted should these companies have done so. Now, what should that tell us about what’s in store?
Sadly, I cannot help but relate how this does remind me of a certain, soon-to-be Bush White House official who told us during the 2000 campaign — when we buttonholed him about the line-item slipped by a staffer into their energy and environment plan proposing to regulate carbon-dioxide emissions — that “the time to talk about this is after the election,” and who, after the election, told us, “The time to talk about this was before we won on it. Now, we’ve committed.”
Bad. But not as sorry or on so grand a scale as the current spectacle.