Communist Third-World Dictator Gives 0bamacare Thumbs-Up As Waxman Summons Companies to Apprear Before Congress

Former warden of the island prison known as Cuba Cuban dictator Fidel Castro spoke out in support of President Obama's recently passed healthcare legislation in an essay published in state-run newspapers last week.

"It is really incredible that 234 years after the Declaration of Independence ... the government of that country has approved medical attention for the majority of its citizens, something that Cuba was able to do half a century ago," Castro wrote

Curiously, the White House and Congress don't seem the least bit bothered by the dictator's kudos and apparently are far more interested in continuing to sell this turd to the public now that it's actually passed.

House Committee Chairman on Energy & Commerce Henry Waxman (D-Nostril-iaCA) has summoned the heads of companies- so far including AT&T, Valero Energy, John Deere, Verizon, AK Steel, 3M and Caterpillar- to appear before Congress after claiming that the newly passed legislation would increase costs for them and erode prescription drug benefits for retired employees of those companies.

"After the president signed the health care reform bill into law, your company announced that provisions in the law could adversely affect your ability to provide health insurance," Waxman wrote in a letter to the CEO of AT&T and other companies "The new law is designed to expand coverage and bring down costs, so your assertions are a matter of concern,"

[Translation- How dare you contradict us!]
Earlier this week, Boeing and Prudential had announced an estimated hit of anywhere between $100 Million to $150 Million per year to their earnings. The 2002 Sabarnes-Oxley Act mandates that senior level executives are held responsible for disclosing to the SEC accurate and complete financial information regarding the company [including future cost estimates for far-reaching legislation like 0bamacare] by the end of each quarter. For those of you questioning the timing of the various companies announcements, the first quarter for 2010 ended on March 31st. In other words, Waxman is setting up a dog-and-pony show over CEO's complying with SEC regulations and disclosing some unintended consequences in the process.

Meanwhile, despite passing this wonderful, popular legislation that's going to be deficit neutral in the most open, bi-partisan and above-board manner possible, many Democrats are avoiding their constituents during the Easter recess for some reason.