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Comments:
<0> it's not just about tax burden. it's about jobs for people who work at those companies.
<1> the united states is a DEVELOPED MARKET
<2> don't the jobs trickle down if we do business in China and India?
<1> no
<1> that only works if india and china needs stuff from us
<0> screw india. i resent the hell out of their laughing it up and partying like crazy all happy with themselves as the center of industry focus.
<3> http://tinyurl.com/ggd2y
<1> they need absolutely nothing from us
<2> oh
<1> we should tax any company that has access to american markets
<0> yes
<1> we have the money, we have the disposable income, we have the market
<1> screw them, they have labor, guess what we got that too
<1> and the only reason why theirs is cheaper is cause our government lets it continue to be cheaper
<0> but we have already sold ourselves down the river. our ****ed up politicians for some decades have completely sold us out.
<2> we'd have more cheap labor if we let in more immigrants
<0> bleah
<4> why blame the politicians when we elected them?
<1> uh just cause you get elected it isn't a free ride?
<1> why not blame the politicians who got elected on false promises and platforms ?
<2> we should let in more immigrants, to pay for the retiring baby boomers
<2> then we'd have cheap labor, not need india, and pay for social security
<1> soobored: remittance is better than wholesale export of labor
<2> huh?
<1> immigrants remit money to their country, taking it out of the economy of the country they work in
<2> I don't know what remittance means
<1> arabs send so much money back home
<1> where 1) its needed where 2) its worth more
<1> one of the problems with foreign labor
<3> dehuman I woudl that it was so easy
<1> they take the money back to their country
<2> oh you mean send money back to their latino countries
<1> i dont see it as a problem myself
<4> point is, the people who elected the politican share the blame for whatever he does
<1> who cares, its not like 4000x $25k / year for a call center
<2> well as long as they pay taxes, let em spend it how they want
<1> they still have expenses in the US, they still pay taxes
<1> soobored: exactly
<2> let em buy 100 tacos in their native country for a dollar
<1> as long as they are taxes and have to spend some money here, great let them in
<2> yeh
<3> personally I think the market place should decide
<1> why ?
<4> they should oursource the call center because their loyalties are to shareholders
<3> not tarrifs, taxes, regs etc
<1> why do i give the 'market' any say in the life of a human ?
<1> the market is not human
<3> so?
<1> it doesn't understand me, doesn't respect me, why would i willingly say 'do what you want'
<1> its because of me it has a right to exist at all
<5> whatup dehuman
<1> my right is absolute
<4> but we place the market above the human.
<1> nef: whats up
<3> the market is the ONLY fair distribution system ever developed. It ain't perfect but for 40 thousand years and through every culture in human history it is the ONLY system that works
<5> chillin on a conf call right now
<5> notes is teh ****
<1> i dont care about fairness
<3> I care about the best deal for the best price
<1> FOR ME
<1> not for india
<1> not for anyone else
<4> maybe it's an oversimplification, but if you ***ume the market is like a big poker game...
<1> not for the CEO of a compnay
<3> like I said: free market
<1> if you espouse the concept of selfishness
<4> the people with teh biggest stack of chips are always favored.
<1> then let me be selfish
<3> if we are good at it, we win, not, we loose
<1> and say screw the market
<1> cause it does the same to me
<3> its economic Darwinism
<4> therefore, markets by nature are not democratic
<5> of course not
<1> where does this false idea that success equals excellence come from ?
<1> pilgrim`> if we are good at it, we win, not, we loose
<1> thats nonsense
<3> it is? S eems to apply in every other endevor.
<1> can never be true, not with poltical manuveering in the background
<1> dont get caught up in the fallacy of thing whats good for the goose is good for the gander
<4> by what do you mean "good at it"? as in most economically efficient? or best craftsmanship?
<3> I am good at it, so I breed prettier women. from there to economics, its all the same
<3> I mena whatever the market decides
<1> the whole point is the market cant decide
<1> the market isn't real, the market is what we let it be
<1> we control this 'market', not vica versa
<3> if the market decides New dehli is the new Wall Street, I start learning Hindi
<1> it is well and good for us to manipulate this market to whatever end we see fit
<3> nice to know we control it. we being??
<1> if you let the market lead you, you have no direction
<4> we control the market? again, the poker metaphor - the big stack has a huge advantage
<1> i live in the united states, we have the capability to exhibit more control over international markets than we do
<3> market: buyer, seller. it really is that simple
<1> no it isn't
<4> there are big buyers and big sellers, no? institutional investors, etc.
<1> market = buyer (regulatory bodies and soverign countries) seller
<1> see that ?
<1> unless you are buying apples from bob down the street, there is always a third party
<6> i dont really understand the international financial system very well
<3> we have brute force in a mercenary army, but we also have an over weight population on welfare and rusting factories that produce nothing. Yep we lead
<1> since when does 'lead' = 'control'
<6> its rather obvious that it is heavily regulated by government institutions, however
<1> rightly we probably shouldn't have as much clout as we do
<1> and i'm all for protecting what we have left and regaining some that we lost
<7> Are there alot of factories in the mid west plain states?
<1> at the expense of said markets
<1> and the companies that live in lala land
<3> thats farming country
<1> the world's grain belt
<6> external tariffs are an important aspect of internatinal finance. free trade is largely a myth
<8> there's also a "rust belt" dunno exactly what makes that up, tho
<1> free trade is stupid
<7> free trade is a lie
<3> as long as US companies must pay 10 bucks to hire 1 buck worth of labor. we have a loosign deal
<1> right
<8> pilgrim` labor gets a good edal, while it's employed
<1> so we need to make that other option
<1> of getting cheap labor
<1> a non option
<3> oax Pennsylvania, Ohio, Indiana Illinois. New Engalnd
<8> pilgrim` some of those are also farming states i think
<9> Damn intel is off $2 on advisory of lower than expected sales.. So that means its now almost $1 below what i bought it for, but the dividend is coming soon and it wont stay at this price for very long.
<3> oax yes they are, but they are where the non producing factories are
<6> external tariffs, government subsidy to industry, the Bretton Woods institutions... free trade is really regulated trade... but regulated to help corporations be successful
<9> P/E is still very good.
<7> If I had a heads up of say a cnn news crew heading to a unemployment office in one of the worst hit areas of economic decline I would sneak in and nail up a big sign saying "We are hiring jobs in china!"
<3> Bretton Woods died in the 70s
<8> pilgrim` do any of them count as midwest? i guess not. it was a long time ago that ohio was 'the west'
<1> people talk about adaptability
<3> which is why the Euro beats the buck today
<9> Unsuccessful corporations means investors lose money and everyone gets fired.
<1> let the company be adaptable
<1> let them adapt to higher taxes and lower margins
<9> Who the hell would want a corporation not to succeed ?
<1> not me
<10>
<3> oax traditionally that is the "mid west"
<7> Are any other countries getting hurt from free trade with india and china?
<8> FreeTrade their competition?
<6> FreeTrade thats not the point; the point is, "free trade" is largely a myth
<9> Free trade has been PROVEN to be a win win
<9> This is eco 101
<9> Comparative value of FreeTrade.
<9> Free trade.
<9> Not FreeTrade
<3> Free trade always wins.
<9> They have scores of examples which prove it
<7> freetrade, it is? how so? when so mamy people in these types of companies are no longer working and on the unemployment line?
<1> there is no such thing
<9> as well as an ability to explain it better than I can how economically it benefits the non protectionist nation.
<1> you guys live in fantasy land
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