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  • xraythrives xraythrives Jul 16, 2010 12:04 AM Flag

    Obama did what Bush was afraid to do*

    Liberal Dems will be very sorry they set everything up to be administer by political appointee and czars when the next administration takes power.

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    • I have always voted democrat because I am so averse to the religious conservative right and the right's hawkish tendencies. But both parties delve into realms they don't belong in. What are politicians and their frat buddies whom they appoint really experts in. Why are they politicians after all? 80% of the time I would say it is for the money they stand to get after they leave. No matter these days they need finanacial backing to have a chance, DEM or GOP and they all wind up beholden to the enterprises that helped fund their elections. The choices are never very good anymore - big heads and big egos are attracted to politics - and the people who get in power generally are the ones who shouldn't have it and don't even know what to do with it. We should go back to our first offical motto which was, in 1787, "Mind your business". Stop all interventionist international meddling and worry about our problems at home. Stop wasting time who who can marry who. It is a symptom of our times that Congress spent ten times more money investigating Clinton and his Monica Lewinsky affair, than they did investigating the infamous 9/11 2001. There is a simple solution to the jobs - because I have witnessed its evolution since the late 90's. Managers and companies are dirvine by monitary concerns. That is why most of our jobs were lost to the lucrative phenomena of offshoring. It has become a black hole for America's wealth and a big channel for greed - the biggest benefit is to those running sweat shops which would be illegal here. Long term our companies are shooting themselves in their short sighted feet. We need to heavily penalize those who buy from offshore sweat shops. We need to provide strong ongoing incentives for hiring at home. Sometimes the rationality for offshoring is assinine. I managed 10 people in Bangalore at my last job - they cost 1/5 by the hour - but take 10 times as long on any complicated prject than it would at home, and it is lower quality work. So it actually cost more to offshore in most cases. The money goes to India, and they spend it there, not here, and do not pay US taxes, and it cost several jobs here, which means fewer paying income tax. Forget right and left, the religious agendas, Dems GOPs, special interests, we need someone who actually wants to represent the interests of all the people of America, and is not in it for the money. That said, this is a pipe dream that will never happen.

      • 2 Replies to jonluxy
      • Jon, no apology needed for this post or your follow-up. Both posts should be required reading.

      • I apologize but please allow me one more OT rant: Most Wall St. firms own their own offshore facilities. I know some argue that this means we all get cheaper goods. But is it a good choice to completely Walmartize AMerica? Walmart buys all of its goods from China and I hear of you work for them, it is probably like belonging to North Korea's Military, and you have to let yourself be brainwashed into their cult-ure. The sweat shop that Ipads and Iphones are made in in China force young kids (starting at either 10 or 13 yrs) to live at the manufacturing facilities and work 12 hour days and eat slop all for 300 amonth - and it was recently announced that they hoped the suicide rate there would drop to less than 13 a month. For the dirt poor this is opportunity - but if it were in America it would be considered illegal abuse. Should we allow American companies to do offshore to facilities that would be illegal here? It is a two faced U.S. policy that allows companies to buy cheaper labor onverseas, yet U.S. citizens are not allowed to purchase cheaper drugs or textbooks in Canada for instance. Wouldn't that help reduce health care costs? Why is that - doesn't anyone represent us in Washington? Obviously since this article 2006, AAPL has been exposed as well. Business will do alomst anything to lower costs and raise earnings - and having worked at large companies - that won't stop sort of abusing people. The trickle down theory is naive and was probably brought to you by a cartel of large enterprises. In the U.S. someone should try to come up with a trickle up theory. Start with jobs, and Main St.. small businesses encourage - small business tend to have to launder money and do illegal things just to stay in business. But don't be afraid to regulate to prevent abuses of customers and workers alike. They need to be restricted from their natural tendency to abuse. Some of this comes from my own personal observations.

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