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InterDigital, Inc. Message Board

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  • jonluxy jonluxy Jul 16, 2010 10:24 AM Flag

    Obama did what Bush was afraid to do*

    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. http://www.businessweek.com/magazine/content/06_48/b4011001.htm 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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