Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!





Recent Entries
Overnight Open Thread - Independence Day Edition | Main | Hybrids + texting pedestrians = Perfect storm for highway carnage
July 04, 2010

ObamaCare Ties Cement Shoes to the U.S. Economy

Another company announces that the healthcare bill the President and the Democrats had to write in secret and pass under cover of darkness will sink it when the bill goes active in 2014.

My friends, reason number 3,401 that ObamaCare needs to be repealed:

The Columbus-based family owned restaurant chain - known for serving small square hamburgers called "sliders" says a single provision in the bill will eat up roughly 55 percent of its yearly net income after 2014.

Starting that year, the bill levies a $3,000-per-employee penalty on companies whose workers pay more than 9.5 percent of household income in premiums for company-provided insurance.

White Castle, which currently provides insurance to all of its full-time workers and picks up 70 to 89 percent of their premium costs, believes it will likely end up paying those penalties. The financial hit will make it hard for the company to maintain its 421 restaurants, let alone create new jobs, says company spokesman Jamie Richardson. White Castle employs more than 10,000 people nationwide, and more than 1,200 in Ohio.

Props to House Minority Leader Boehner and House Minority Whip Cantor for continuing to push repeal. A majority of voters still favor repeal, but that majority was slipping last week as the memory of Obama's false promises, the Democrats' anti-democratic tactics in Congress, and the inquisition directed at companies who spoke out fades.

Keep reminding voters that Obama's healthcare reform is an economy-killer and it has to be stopped before it sinks us in yet another recession.


digg this
posted by Gabriel Malor at 10:10 PM

| Access Comments




Recent Comments
tinfoil baby: "Bardarbunga, shit sounds like old faithful. ..."

sven10077: "590 tinfoil baby, Ask der Gingy...bork bork ..."

fluffy: ">>> so, can anybody spell the name of that Iceland ..."

tinfoil baby: "so, can anybody spell the name of that Iceland vol ..."

GMB (et al): "Yes it is.WRT to the Iceland Volcano, I read somew ..."

Elisabeth G. Wolfe: ":) No worries, GMB. It's a story worth telling tw ..."

GMB (et al): "Wasn't trying to. :) ..."

Elisabeth G. Wolfe: "Annnd I see GMB beat me to it. :) ..."

Jean: "Did Iceland blow up yet, ushering in a new dark ti ..."

Jean: "Did Iceland blow up yet, ushering in a new dark ti ..."

Elisabeth G. Wolfe: "*cracks knuckles* Backing up to the beginning of ..."

tinfoil baby: "Ya, pretty much what is happening on the Gaza/Isre ..."

Recent Entries
Search


MuNuvians
Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
News/Chat
Archives
Powered by
Movable Type 2.64