Obama Layoff Bomb Detonates

In the 48 hours after Obama’s re-election 45 companies have announced layoffs.

The following is just a sample; Westinghouse, Research in Motion, US Cellular, Commerzbank, Iberia, ING, Ericson, Bristol-Myers, Corning, Boston Scientific, Abbot Labs, St. Jude, Caterpillar, CVPH Medical Center, Lightyear Haqwker Beechcraft, Hawker Beechcraft, GroupOn, Energizer Holdings and Pepsi is reviewing plans to lay off 4,000 workers.

This was predicted by many prior to Obama’s re-election, so nobody should be surprised. Michelle Malkin did an excellent prognostication about this on October 31. Here are some samples from her post:

Last week, Ohio-based auto parts manufacturer Dana Holding Corp. warned employees of potential layoffs amid “looming concern” about the economy. President and CEO Roger Wood specifically mentioned the walloping burden of “increasing taxes on small businesses” and the need to “offset increased costs that are placed on us through new laws and regulations.” Case in point: Obamacare. The mandate will cost Dana Holding Corp., which employs some 24,500 workers, “approximately $24 million over the next six years in additional U.S. health care expenses.”

And it’s an innovation issue, too. As I reported in February, Obamacare’s impending 2.3 percent medical device excise tax has already wrought havoc on the industry…Stryker, a maker of artificial hips and knees based in Kalamazoo, Mich., is slashing 5 percent of its global workforce (an estimated 1,000 workers) this coming year to reduce costs related to Obamacare’s taxes and mandates…[Michelle then lists several more medical manufacturers executing layoffs].

But they have remained silent while the White House corruptocrats bribed federal defense contractors into delaying federally mandated layoff disclosures before the election. In a memo now being investigated on Capitol Hill, Obama promised to cover the legal fees of Lockheed Martin and other defense contractors if they ignored legal requirements to inform workers in advance about so-called sequestration cuts to the military’s budget scheduled to kick in next year.

Truth suppression is a time-honored Obama tactic, of course. Remember: The administration and its Democratic allies on Capitol Hill attempted to punish Deere, Caterpillar, Verizon and ATT in 2010 for disclosing how the costs of Obamacare taxes were hitting their bottom lines — even though they were simply following SEC disclosure requirements. The White House also tried to silence insurers who dared to inform their customers about how Obamacare was driving up premiums.

When I purchased my house last year I had a termite inspection done and the individual was the owner of a medium-sized family business. The ten foot Ron Paul banner in my driveway got us to talking about politics and he admitted that he had “two books” for 2013, each one based on who wins the election. He went on to say that if Obama won, that would mean all of the Obamacare regulations and enforcements over businesses would remain intact with the requisite ratcheting up of corporate taxes and taxes on business owner income like his, so he would have to layoff ten employees almost immediately if he still wanted to have a chance at being in business by 2014. This was not a man who was going to lay off people out of spite for Obama, this was a man who was trying to keep his company alive knowing that hefty government regulation and the oppressive costs that come with them, were going to come down on him by the tonnage.

Consider that this is just one man, just one business owner, of a mid-sized family owned business in California. But he was not the only one who had “two books” ready to go. The list above is just a sample of large corporations, many on a global scale, who also had “two books.” This is just the beginning of what businesses will have to do now to try and survive not only the coming onslaught of government oversight, regulation and taxes, but the coming financial crisis when the dollar collapses.

But hey…this is what Americans wanted.

Categories: 2012 Election, Economy, Obama - Our God King, Socialism, Taxes, Unemployment & Labor Law

Tags: , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.


For a safe, efficient, effective operation

Our Town Tustin

Blogging political discourse in Tustin, CA

Watchdogs of Our Freedom

WOOF! Counter-revolutionary commentary for our times.

The Grey Enigma

Help is not coming. Neither is permisson. - https://twitter.com/Grey_Enigma

Atridim News Journal

Captain Rick reports quality news of local and global importance

Watching A Wreck

America Has Jumped the Track

99% Boston

"we shall be as a city upon a hill"

zalainacarp's Blog

A fine WordPress.com site



Shop Mỹ Phẩm - Nước Hoa

Số 7, Lê Văn Thịnh,Bình Trưng Đông,Quận 2,HCM,Việt Nam.

Yes or No on Measure K?

An objective exercise in seeking the facts.

Utopia, you are standing in it!

Celebrating humanity's flourishing through the spread of capitalism and the rule of law

Notes On Liberty

Spontaneous thoughts on a humble creed

ARLIN REPORT...................walking this path together


Lynette Noni

Embrace The Wonder

Professional Troublemaker ®

 Jonathan Corbett, Civil Rights Attorney

Dan from Squirrel Hill's Blog

Just another WordPress.com weblog

A Time For Choosing

Just another WordPress.com weblog

%d bloggers like this: