What is the purpose of an investment?
If a company was going to go out of business, b4 someone with a business acumen invested, and those people would loose their jobs anyhow, what would you recommend the new owner do? Continue to loose $$$ and eventually close shop so EVERYONE looses a job and he looses HIS money? He invested his (Bain) money to earn a profit and there is nothing more American than that.
Why did you chooses to ignore the fact that your messiah sent jobs overseas, with our money?
WOW! Liberal hyporcrisy at its best!
Democrats shouting the loudest about Mitt Romney’s reluctance to release his tax returns do not apply the same standards to themselves, according to a McClatchy News Service report.
Tax Return Hypocrisy: Pelosi, Reid Won't Release Their Filings
To earn a return obviously. A good bit of outsourcing only seems to give the top management a higher salary and bonuses. Prices don't go down and US citizens have lost their jobs. Not in every case, but in many.
A real American hero would be a person creating jobs here. There are companies like New Balance and Timberland who do everything they can to keep manufacturing here. They are not 100% successful but they are not just saying "f- it" send everything overseas.
So being American is only about making money as much money as possible? Not about making money while also looking after your fellow countrymen? Is that one of the Judea-Christian values that I am told our country was founded on?
I do not have a messiah. I see Obama as never a great president nor as the great Satan.
You've touched on something very important. The conservative "philosophy" has evolved to view an extreme form of capitalism as being synonymous with the American tradition. In this myth, nothing that has made our country a better place was done for any other motivation than pure financial self-interest.
It is fundamentally wrong, ahistorical, and worse an insidious cancer on the American psyche. Perhaps once championed by a handful of extremists, it's now the preferred world-view by a notable minority of Americans, one who seem to form a large percentage of the GOP base.
The problem with conservatism is that it has devolved from a political philosophy into a fundamentalist political religion, one with rigid dogma, unthinking faith, purity-tests, and heresies (and the accompanying purges of heretics). And as is always the case with such religions, it attracts the lowest intellects, the most insecure egos, with the most belligerent and indeed unhinged personalities.
Conservatism in its present form is currently the greatest threat to our country's future that we face.
So let me ask you Obama supporters a question ..
Are we all responsible for the Jerry Sanduky because he drove on roads paid for by the public? Are we all responsible a the murderer murdering a family, because they drove on roads paid for by the public? Are we all responsible for all abortions in America because the abortionist was educated in the public school system?
Where does this logic end?
Where did that 'logic' start? In your head.
Just when you think you've seen it all... wow.
Typical!
What Mr. Chairman should have said to his audience: "If you’re business was funded by a federal 'loan', you didn’t earn that. Someone else made that happen. If your business got bailed out by government, you didn’t earn that. Someone else made it happen. If you're collecting food stamps, you didn't earn that. Somebody else made that happen. If you're on section 8, you're not paying your own rent. Somebody else made that happen. If you're getting a free cellphone, or free syringes, or free healthcare, if you're participating in any of the federal government's 126 welfare programs, you didn't earn that. Somebody else did. And it was probably somebody who built a business that you contributed absolutely nothing to."
Not true. Most roads, at least in this area, were agreements between adjacent property owners who then petitioned the local government to recognize their roads as official. It was in property owners' interest to have ingress and egress rather than be land-locked, so they donated bits of land along the edges for this purpose. Of course, these roads were abysmally maintained, if at all. And because roads were so bad, the federal government got in the road-building business early, with projects like the National Road (Cumberland, Md., to Vandalia, Ill., begun in 1811) and the Natchez Trace (Nashville, Tenn., to Natchez, Mississippi, begun in 1801).
There were private turnpikes. On the Main Line, Lancaster Avenue was a turnpike. Montgomery Avenue, which parallels Lancaster, was the route locals used to get around paying turnpike tolls.
Exactly, things are not always what they seem. Prices have comedown -- see technology, toys, clothing, etc .. that said we have reached the point of discovery for most items and anyone who passed Econ 101 realizes that can’t go down forever.
Example of positives of outsourcing for a company - My wife used to work she was in fashion industry on the product development and production side. As I am sure you are aware most of that industries final production is overseas. If her company produced in America, for the greater good, can not compete, and goes in to bankruptcy protection and/or out of business, what do you think happens to her job and the jobs of all her coworkers in America? See American Apparel which has been on the brink of Bankruptcy b/ they do tons of volume but can’t compete and earn a profit. They manufacture in America, had to layoff and re-structure and will probably not survive in the long run if they continue to produce in America only. I’ll use Apple as another example.
Because of the difference in worker wages Apple manufactures everything in China. Your first knee jerk reaction is to say how bad that is but you are wrong. If they relocated their factory to America, and brought all the jobs with it, it would add $25B+ in labor costs a year. That would easily wipe away all their evil profits and more which would obviously have a negative results on jobs. That lost profit deprives the company of the resources needed to employ highly paid workers in America like design, engineers, marketing professionals, associates in stores to sell the lower priced (unaffordable if made in America) cool products to you and your friends, etc, etc.
It is a lil more complicated than that but this should be clear for each of you to understand. That kneejerk reaction is because of a false narrative painted by economic illiterates like Naveen and his ilk. Before you fall for that I would recommend doing your own research, formulating your own opinion and coming back to discuss
If you make an invest of course it is and it does a lot of positive for the individual and society.
That said, being American is also about being a lazy dude who wants to sit on his couch and stuff his face with ring dings inbtwn taking drags on his cig and washing it all down with a 2L Coke if that is the happiness you pursue.
See my post above and how making money and profits benefit your fellow countrymen. On the consumer end ..
Do you think it is better for your fellow countrymen to have the luxury of paying a lower price for the enjoyment and convenience of an IPhone OR would you rather see your fellow countrymen pay and extra $200, for this item only, and have less money for food, other necessities, and disposable income in general, if everything was produced in America?
Do you think people were less happy in the 1950s and 1960s, when people had less stuff and most things were made here? I don't have an answer to that (not yet anyway) but I wonder.
It's interesting how when production goes overseas, customers often do not see lower prices. I noticed this after NAFTA was passed. A lot of stuff was now made in Mexico and the price was unchanged.
CEOs were also paid much, much less relative to the average worker in the '50s and '60s. Now they ship jobs overseas, and the savings end up in the executives' pockets. A look at income distribution in the US over the past 50 years makes it obvious that only a small percentage of the population is benefitting from this so called "free trade."
Define less stuff? We obviously had "less stuff" in the 17, 18, and 1900's but that doesn't mean people were unhappy. As time goes one you build on what was all ready built and have 'more' stuff. Most elder people I know say the 50's were GOAT, 60's not so much
I don't get this mindset and addressed it above.
I remember paying $1,000+ dollars for a bulky piece of crap computer back in 95. Today I could get a smaller, more powerful and efficient computer for $300 - $400. Each year the computers get better and stay at the same price point. I seriously don't know what you expect to pay for 'things'?
Last edited by NickTheCage; 07-20-2012 at 10:22 AM.
you cant be half a ho.
if you love the low prices and competition that a global economy provides, you are knowingly or unknowingly giving something up for that.
if you really think this is "new" you really should educate yourself..... start with Adam Smith and the concept of the invisible hand........1759 was a long time ago!conservative "philosophy" has evolved to view an extreme form of capitalism as being synonymous with the American tradition. In this myth, nothing that has made our country a better place was done for any other motivation than pure financial self-interest.
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