Henry Waxman (D) California, 30th District and so-called blue dog Democrat, champions for government fiscal responsibility, shows the American people his and other members of his parties complete and total inexperience in running government let alone approving legislation affecting the finances or healthcare of the country.

After several major public corporations, in reviewing the new healthcare laws effect on their company and shareholder profits, discovered that the new law will cost them in excess of $1 BILLION dollars each or at present $14 Billion dollars for the 10 companies reporting to date. These corporations, as required by law, made this information public to their respective shareholders basically stating that the law has taken away the corporate Healthcare Insurance tax break and could further impact the retirement plans and current healthcare policies with less coverage.

Well needless to say Henry Waxman showed his incompetence and disregard for law by issuing a demand that the corporations produce and turn over all financial information, including all documents, correspondence and emails between company officers pertaining to the issue of healthcare and their findings or face subpoena to appear before Congress.

If Waxman had taken the time to read the bill before he voted to pass it. Had he any experience in running a business or how basic accounting works. If he understood that, publicly reporting companies are obligated by SEC law to report to its shareholders substantial financial impacts to their profitability caused by changes in government law. And if Waxman had any common sense he could figure this out for himself. The Health Care law is going to cost everyone more money. Not just in premium increases but through loss of profits, revenues or business supplied benefits. When will idiots like Waxman ever learn to anticipate the ramifications of their actions?

Politicians like Henry Waxman are dangerous to both our Country and our Constitution. He represents the typical irresponsible, incompetent and untrustworthy politician that we have in office today. They refuse to do their job judiciously and pass legislation for the sake of proving their worth to the people. The laws, good of the people and the Constitution go out the window for them when it comes to their re-election.