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                           PLEASE REMIT YOUR AAM DUES
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We'll see.

-----Original Message-----
From: African Association of Madison [mailto:[log in to unmask]] On
Behalf Of Vera Crowell
Sent: Saturday, March 27, 2010 4:43 PM
To: [log in to unmask]
Subject: And so it begins...

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                           PLEASE REMIT YOUR AAM DUES
                          Visit: www.AfricanAssociation.org !!!

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http://online.wsj.com/article/SB10001424052748704100604575146002445136066.ht
ml?mod=djemEditorialPage_h#articleTabs%3Darticle

From the Wall Street Journal
REVIEW & OUTLOOKMARCH 27, 2010.
The ObamaCare Writedowns 
The corporate damage rolls in, and Democrats are shocked!

From the article: " Yesterday AT&T announced that it will be forced to make
a $1 billion writedown due solely to the health bill, in what has become a
wave of such corporate losses.

This wholesale destruction of wealth and capital came with more than ample
warning. Turning over every couch cushion to make their new entitlement look
affordable under Beltway accounting rules, Democrats decided to raise taxes
on companies that do the public service of offering prescription drug
benefits to their retirees instead of dumping them into Medicare. We and
others warned this would lead to AT&T-like results, but like so many other
ObamaCare objections Democrats waved them off as self-serving or
"political." 

"On top of AT&T's $1 billion, the writedown wave so far includes Deere &
Co., $150 million; Caterpillar, $100 million; AK Steel, $31 million; 3M, $90
million; and Valero Energy, up to $20 million. Verizon has also warned its
employees about its new higher health-care costs, and there will be many
more in the coming days and weeks.

As Joe Biden might put it, this is a big, er, deal for shareholders and the
economy. The consulting firm Towers Watson estimates that the total hit this
year will reach nearly $14 billion, unless corporations cut retiree drug
benefits when their labor contracts let them."






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~ 49.5 million US abortions since 1973; ~ 18 million Black babies aborted
since 1973; ~ 5.6 million abortions in Africa between 1995-2003; ~ 12
million Africans sold into slavery between 15th - 19th centuries; ~ 2
million Africans died during Middle Passage (number uncertain).

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