China Corporate Espionage Boom Knocks Wind Out of U.S. Companies - Bloomberg
But I dont see the stupid CEOS in the poor house like the rest of us are...........
That's because there aren't a whole lot of stupid CEOs. The stupid ones have already failed. It requires quite a bit of brains and finess to run a successful company.
And seeing as how you seem to have beef with free trade. What would you rather have us do? Lock down the US so that no goods may be imported? That'll work soooo well.
...Free trade.... is a military intelligence deception scam.... Uh huh... I can tell you're operating on an entirely unique level of crazy that I can't keep up with. You do realize that the concept of free trade is hundreds of years old, right?The CEO of this company was a moron,
The CEO of Catapillar is a moron.
"Cat Scammed: How A U.S. Company Blew Half A Billion Dollars In China"
Cat Scammed: How A U.S. Company Blew Half A Billion Dollars In China - Forbes
The list goes on and on.
Free Trade will go down in History as the biggest millitary inteligence deception scam of all time .
...Free trade.... is a military intelligence deception scam.... Uh huh... I can tell you're operating on an entirely unique level of crazy that I can't keep up with. You do realize that the concept of free trade is hundreds of years old, right?
Perhaps this should be moved to the conspiracy theory subforum?
(And by the way, Caterpillar's net profit from 2012 was 18 billion of 65 billion in sales. So apparently that CEO is lightyears smarter than you. Where are your billions of dollars in revenue?)
Yup, the Chinaman sold Congress a deception program called Free Trade.
A few inteligent people did not fall for it. We all spoke our mind at the battle of Seattle
The paid off Congress took their 30 pieces of silver and singed more "Free Trade " deals.
Free Trade has never worked, and has never been done. Mercantilism works. that is why China is 100% Mercantile.
you will note China Current Account balance, and the same with USA........
That's absolutely insane, and I think you have a very poor understanding of it if you're really suggesting that.
Mercantilism brought with it constant wars between big, civilized countries, mass colonialism and a drive for slavery. It stifles innovation and new ideas almost completely.
You want us to shut down all trade and only accept goods from America. Nothing is made in America anymore, so say goodbye to your TVs, internet, phones, cars, etc. etc. Even the few things we do make like cars are made largely of imported materials.
Hey, if you like the chinese system so much, you should move over there. I'm sure there's a low paying factory job for you product of closed-minding economic thinking you're so fond of.
Free trade isn't going away. Nobody here is interested in taking a leap hundreds of years into the past. And by the way, whether you are or not, saying things like "the Chinaman sold congress" makes you sound super racist.
Edit: And by the way, free trade wasn't introduced to America in 1999, so no, you didn't fight for ****.
That's because there aren't a whole lot of stupid CEOs. The stupid ones have already failed. It requires quite a bit of brains and finess to run a successful company.
And seeing as how you seem to have beef with free trade. What would you rather have us do? Lock down the US so that no goods may be imported? That'll work soooo well.
Insane is lying about the past.
See USA made its OWN tv's, cars, phones EVERYTHING just fine. And we were mercatilist for most of our history.
Slavery is now called "low wage labor" in the most "efficient" country or the Race to the Bottom. Slavery just has a new name. Still at the expence of the middle class the labor struggles of the last 100 years fought for.
War was ended becasue of nukes. As China shows, war has just changed form.
I would move, its better than NO JOB in USA in the CLOSED factory any day. And they have the "Iron rice bowl"........
Chinaman refers to a NATIONALITY. and that is a perfectly acceptable form of discrimination. But it also shows the traitors we have in USA, those that support foreigners are all traitors
to all US CITIZENS.
Free Trade went away in 1900, 1930, 1939. It will go away agian becasue you cant screw a majority of the people and not have them revolt.
If you'd like to work in a sweatshop, go do that, I'm sure they'd love to hire a wide eyed American to spend 12 hours a day soldering little electronic components onto boards. We then as Americans can use that cheap labor you performed to our benefit.Insane is lying about the past.
See USA made its OWN tv's, cars, phones EVERYTHING just fine. And we were mercatilist for most of our history.
Slavery is now called "low wage labor" in the most "efficient" country or the Race to the Bottom. Slavery just has a new name. Still at the expence of the middle class the labor struggles of the last 100 years fought for.
War was ended becasue of nukes. As China shows, war has just changed form.
I would move, its better than NO JOB in USA in the CLOSED factory any day. And they have the "Iron rice bowl"........
Chinaman refers to a NATIONALITY. and that is a perfectly acceptable form of discrimination. But it also shows the traitors we have in USA, those that support foreigners are all traitors
to all US CITIZENS.
Free Trade went away in 1900, 1930, 1939. It will go away agian becasue you cant screw a majority of the people and not have them revolt.
No, but I would support imposing heavy import duties to replace some income taxation.
Why?
I'm surprised you don't understand it. Firstly, it doesn't "screw the consumer." I would replace taxes with this revenue. By making imports more expensive you make domestic production more competitive. That motivates companies to bring production home. That brings jobs home and allows us to make things that we can trade with others rather than just being a consumer society. It also makes "taxes" optional. If you want an import, you pay a price. If you domestically made products the price you pay at least contributes to our wealth rather than the wealth of others. You want to be a "high tech" society. How are you going to trade "high techness" in the world market. You can't keep consuming. Eventually the money begins to run out. Perhaps you have noticed that happening.
We as Americans are still the primary producer of tech and innovation. We've grown above the menial labor that is sewing together teddy bears or snapping plastic pieces together. Your plan is a no win scenario. You can't make ANYTHING nowadays without components from all over the world, not just China. To shut that off or to limit that will make prices skyrocket. If the Japanese can make better capacitors and cheaper than us, why should we try to make worse, more expensive capacitors? Why not order the capacitors from them and use it in bigger products?
The company I work for, for instance, makes the highest quality x-ray measurement machines in the world. Our products are chock full of pieces from all over the globe. To sit there and tell a company like mine we all need to order everything from inland would completely destroy us. Not to mention it would take DECADES to ramp up American manufacturing capacity to what the Chinese have. What are we supposed to do in the decades in between? Just suffer through a horrible recession?
Fine, now just watch as our wealth continues to flow overseas. You think the economy is bad now? Just watch.
The problem is the wealth distribution.
Wealth isn't flowing overseas,
it's flowing up. Look at Apple for example, they design in the US, manufacture in China, and sell to Americans (and other countries). They have 120 billion in cash just sitting around. How is the wealth not in America?
Oh good so now we don't have to pay for imports?
Perhaps you need to look at the economy as whole rather than select one company.
No need to worry. You are going to get your way.
What the hell would it change if we brought the $3/hr jobs over here?
Now, who is losing in this scenario?
Americans. You cannot consume forever.
It doesn't take much to respond. You want us to remain a consumer society. We've been going down hill ever since we became one and we will continue on the same path.Ok, I've tried to produce thoughtful, well written arguments and you come back over and over with lame one-liners and refuse to address any actual points. I guess we're done.
It doesn't take much to respond. You want us to remain a consumer society. We've been going down hill ever since we became one and we will continue on the same path.
Incorrect. At this point in time, the quality of life for the average human being has never been higher in human history. Even poor people have refrigators, AC, TVs, smartphones, etc.
My guess is you're an older guy who has some kind of nostalgia for the days of old. You've somehow convinced yourself that it was so much better "back in the day" and also made some pretty radical assumptions that we haven't been a free trade economy for centuries.
You can't make a single electronic device without components from dozens of countries. You want to shut that down and throw us back into the stone age. Our entire society and economy is based on goods from all over the world.
You talk big talk, but you have absolutely no intention of helping the "problem". If it were as important to you as you pretend, you'd buy products containing components only made in America (good luck). So throw away your computer, your smart phone, your car, all of your appliances, everything. They are all chock full of tainted foreign components. That couch? Gone.
But no, you'll just keep typing away furiously on your foreign made computer, because you have absolutely zero gumption for your cause whatsoever.
I will sleep soundly at night knowing the world will keep on embracing free trade while you angrily type into the night. Not giong to happen homie. And as I pointed out and you refused to address: Our problem isn't wealth going overseas, it's wealth moving upwards.
Wow, a lot of anger. Yes, we are done.
Run along, boy. I've laid out full arguments 3 times and you haven't addressed ONE SINGLE LINE of it. If my arguments weren't absolutely destroying yours, you probably would've responded by now.
So keep being a hypocrite on your foreign made computer living in a house probably made by low income foreign immigrants. You have zero conviction.
As I posted in the other thread:
It only looks like a race to the bottom because you're on top. I think the Liberal ideology would love this--the poor Chinese man now has an opportunity to rise from his $2/hour job to a $7/hour job. Of course, when you're currently making $20/hour and it gets cut down to $15, you would see it as a "race to the bottom." I assure you that Chinese man sees it as a race to the top!
That was, of course, before I realized how blatantly racist you are. I guess it's more important to have your average American make significantly more money than to pay individuals in emerging markets a literal living wage (not to mention the liberal interpretation of "living wage")
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?