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Detailed text transcripts for TV channel - MSNBC - 20121009:00:50:00

no additional direct benefit other than you will have to pay for it. lax also warns that any additional tax increase discussed by the administration would come out of the employee pay. it is always important to remember the more the government takes the less there will be available to spread around to the working people of this company. now here s the the kicker in all of this. lax enterprises makes automobile parts and business is pretty good. in fact, the letter also notified employees of their sixth bonus in almost three years. what happened about three years ago? wasn t there something going on with the automobile industry like a loan put out? but the company tries to claim their auto-related business did not benefit from the obama administration s auto loan. he writes, we survived because our business model and the money we have in the bank to survive these downturns, it would not

Detailed text transcripts for TV channel - MSNBC - 20121009:07:50:00

lax also warns that any additional tax increase discussed by the administration would come out of the employee pay. it is always important to remember the more the government takes the less there will be available to spread around to the working people of this company. now here s the the kicker in all of this. lax enterprises makes automobile parts and business is pretty good. in fact, the letter also notified employees of their sixth bonus in almost three years. what happened about three years ago? wasn t there something going on with the automobile industry like a loan put out? but the company tries to claim their auto-related business did not benefit from the obama administration s auto loan. he writes, we survived because our business model and the money we have in the bank to survive these downturns, it would not have provided lax with any direct dollars. really? but who does lax enterprise

Detailed text transcripts for TV channel - MSNBC - 20121009:07:49:00

welcome back to the ed show. in the business world, the boss can do whatever he wants to do. this is an interesting one in that the president and ceo of a michigan-based manufacturer sent a letter to his 2300 employees warning them, if this guy president obama gets reelected, their paychecks are going to get a lot smaller. in the letter leaked to an online site, richard lax of lax enterprises writes, it s important that in november you vote to improve your standard of living and that will be through smaller government and less government. he goes on to write, obama care will raise the company s health insurance costs by 2%. as employees, you will receive no additional direct benefit other than you will have to pay for it.

Detailed text transcripts for TV channel - MSNBC - 20121009:00:49:15

Detailed text transcripts for TV channel - MSNBC - 20121009:00:49:15
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