29 October 2012

On Sequestration...

From David P. in S.C.


"The Obama Administration's disregard for the law has struck again -- and this time, it's encouraging others to violate the law at taxpayer expense. ...

The law in question is called the WARN Act, and it requires that federal contractors send employees layoff notices 60 days before a plant closing or mass layoff.

The inconvenience: Massive defense spending cuts under sequestration are scheduled to hit on January 2, 2013. Defense contractors affected by the budget cuts would have to issue notice letters to employees by November 2 (four days before the election) to meet the January 2 start date for the spending cuts.

The penalty taxpayers would pay: Employers who violate the WARN Act are liable to their former employees for 'back pay for each day of a violation' and 'benefits under an employee benefit plan,' as well as a penalty of $500 for each day that notice has not been sent to the local government where the layoffs will occur.

As an example, Lockheed CEO Bob Stevens has said that 123,000 of his employees would receive layoff notices. If companies fail to meet the WARN Act's deadline, lawsuits from employees could result -- but the White House has provided a taxpayer-funded guarantee as a way to counter their fears of enormous litigation costs. This guarantee is not only unprecedented but also potentially unlawful. ...

This is the ultimate abuse of the President's executive authority: inducing federal contractors to violate a federal law and promising to use taxpayer funds to reimburse them for any resulting liability that they incur for violating that law.

Refusing to follow federal law has become the hallmark of this Administration, but the White House's latest arrogant, unlawful ploy goes even further and may end up costing the American taxpayer a great deal of money."

--Heritage Foundation's
Hans von Spakovsky and Amy Payne

~~~~~

Well, the auto industry and banking industry bailouts cost the American taxpayer a lot of money, too...  So do ethanol and wind subsidies.  It makes perfect sense to me to add more to the debt.  I mean, wow.  Gee whiz.  (snark)

Besides, sequestration isn't going to happen.  The bozos we elect next week aren't going to allow it.  They will go back to D.C. long before January 2nd and will pass a spending bill that will prevent it.  We know that and they know that.  Go ahead and violate the law for political expediency (and to avoid harpooning one's election chances).  It's ok.  All the cool kids do it.

It's a conundrum.  Be honest and follow the law, or lie and help obama get reelected.  (Lies of omission are lies nonetheless)   Not sure that it makes any difference because the Democrats have already voted.  :)

Ya know, obama has to be shitting all over himself, given all of the controversy surrounding him right now .

I'm guessing that he is thankful for Hurricane Sandy right about now.  She is certainly "a crisis never to be wasted" that is deflecting the focus away from his dismal (and possibly criminal) record as POTUS so close to the election. 

And we thank The Heritage Foundation for this informative piece.

Stay safe.

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