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#51
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"HD in NY" wrote:
Ever hear of bottom posting and snipping? ____________________________________ "Tom Shaw" wrote: No. What does that mean? ____________________________________ Bottom posting is placing your response to another's message below that message so newsgroup readers can understand the context of your response. Snipping is editing that other message for brevity so newsgroup readers do not have to wade again though extensive original chatter unrelated to your response. These are common newsgroup courtesies. Yours truly, Wendy & John. |
#52
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"MichaelC" wrote in message t... That's actually called "capitalism." Economic tyranny has been outlawed (via Taft Hartley and other antimonopoly legislation) for some time. If Wal-Mart actually gets close to tyranny (when Krogers and Safeway go out of business, and it becomes the sole supplier of America's underwear) then that's the time to raise this sort of an issue. I agree with you all the way. Much of the public is looking at buying Chinese goods as they did automation in the past. I (a rather old fella) remember someone many years ago saying with all this automation there isn't going to be any jobs left. The trade deficit is a huge problem. Those countries that sell to the U.S. do not want to buy U.S. products. Instead they want to either buy treasury bonds or U.S. Companies themselves. A neighbor, a strong union, man was ranting about WalMart and their unfair non-union practices. Sitting in his driveway is a nice new made in Japan vehicle. It is very difficult to compete with foreign made products when U.S. labor costs include huge social overhead including as income tax and social security payments. Countries with Value Added tax have a clear advantage. They do not add their tax to their products shipped to the U.S. and at the same time they add their VAT to imported U.S. products. I think Japan is an example. Those countries then complain bitterly about unfair trade if the U.S. imposes an import tax on their products. That reminds me of the Scam the Scammer of a couple years ago, hooking a scammer with hugh VAT for a worthless item: http://pages.sbcglobal.net/dumbmrbla...%20Scammer.htm |
#53
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"Rich256" wrote in message ... "MichaelC" wrote in message t... That's actually called "capitalism." Economic tyranny has been outlawed (via Taft Hartley and other antimonopoly legislation) for some time. If Wal-Mart actually gets close to tyranny (when Krogers and Safeway go out of business, and it becomes the sole supplier of America's underwear) then that's the time to raise this sort of an issue. I agree with you all the way. Much of the public is looking at buying Chinese goods as they did automation in the past. I (a rather old fella) remember someone many years ago saying with all this automation there isn't going to be any jobs left. Well, that's a great point. We've lost far more jobs (if that's the right term) to technology than we have to the Chinese. The trade deficit is a huge problem. Those countries that sell to the U.S. do not want to buy U.S. products. Instead they want to either buy treasury bonds or U.S. Companies themselves. A neighbor, a strong union, man was ranting about WalMart and their unfair non-union practices. Sitting in his driveway is a nice new made in Japan vehicle. Yea, I've seen it too. It is very difficult to compete with foreign made products when U.S. labor costs include huge social overhead including as income tax and social security payments. Countries with Value Added tax have a clear advantage. They do not add their tax to their products shipped to the U.S. and at the same time they add their VAT to imported U.S. products. I think Japan is an example. Those countries then complain bitterly about unfair trade if the U.S. imposes an import tax on their products. I'm a big VAT supporter, for just these reasons. Mike |
#54
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The unions have nearly destroyed the American automobile manufacturers. The Canadians are like the French...all agitators for socialism. I am glad Walmart kicked their asses. American Automobile manufacturers have been destroyed by the greed of the executives who refuse to pay the workers a living wage and so they now play a game called "Globalization" in which the American worker is expected to be paid Indonesian worker wages and be happy about it. Funny how the Globalization advocates never demand that American workers be paid the wages of their counterparts in Germany. It is a tragedy that CEO's are forced to get by on their paltry earnings. Sigh. Bob Vandiver |
#55
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MichaelC wrote:
"The Dead Senator" wrote: The workers that get the privilege to work for Wally get lower wages and benefits that also lower the local areas standards of employment. Lower wages than unemployment? How so? The last unemployment check I received was the equivalent of more than $6 an hour when the Minimum Wage was a bit, maybe two, more than $5 an hour. __________________________________________________ _________________ Un San Francisqueño en San Francisco. http://geocities.com/dancefest/ - http://geocities.com/iconoc/ ICQ: http://wwp.mirabilis.com/19098103 --- IClast at SFbay Net |
#56
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"Bob Vandiver" wrote in message ... The unions have nearly destroyed the American automobile manufacturers. The Canadians are like the French...all agitators for socialism. I am glad Walmart kicked their asses. American Automobile manufacturers have been destroyed by the greed of the executives who refuse to pay the workers a living wage and so they now play a game called "Globalization" in which the American worker is expected to be paid Indonesian worker wages and be happy about it. The wage problem in the US auto industry is that the workers are compensated at rates in execess of their value, not less, as determined by the free market. Funny how the Globalization advocates never demand that American workers be paid the wages of their counterparts in Germany. As free-traders, globalization advocates would never "demand" that workers be paid anything. The competitive market for labor sorts that out. It is a tragedy that CEO's are forced to get by on their paltry earnings. Sigh. If the goverment would stop taxing dividends, both on the corporate and individual ends, exorbitant executive pay would drop like a balloon, as corporations would suddenly have something better to do with the excess cash. High executive compensation is a creature of the tax code. Mike |
#57
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"Icono Clast" wrote in message news:1123240716.59412add3324b7e948a6a4a575976c18@t eranews... MichaelC wrote: "The Dead Senator" wrote: The workers that get the privilege to work for Wally get lower wages and benefits that also lower the local areas standards of employment. Lower wages than unemployment? How so? The last unemployment check I received was the equivalent of more than $6 an hour when the Minimum Wage was a bit, maybe two, more than $5 an hour. Pretty foolish to work, then, eh? Mike |
#58
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"Tom Shaw" wrote in message ... The unions have nearly destroyed the American automobile manufacturers. The Canadians are like the French...all agitators for socialism. I am glad Walmart kicked their asses. TS News flash for you Wal-Mart increasingly is getting they are asses kicked by communities that do not want moochers insisting on tax breaks that siphon away money and return nothing to the local economy. Wade |
#59
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"Bob Vandiver" wrote in message ... The unions have nearly destroyed the American automobile manufacturers. The Canadians are like the French...all agitators for socialism. I am glad Walmart kicked their asses. American Automobile manufacturers have been destroyed by the greed of the executives who refuse to pay the workers a living wage and so they now play a game called "Globalization" in which the American worker is expected to be paid Indonesian worker wages and be happy about it. Funny how the Globalization advocates never demand that American workers be paid the wages of their counterparts in Germany. It is a tragedy that CEO's are forced to get by on their paltry earnings. Sigh. Bob Vandiver The union meeting must have been inspiring, for your information, most workers in Automobile manufacturing are grossly overpaid considering the skill level required. Perhaps what is really needed is somebody like Wal-Mart to enter that field and watch for how long you will be paid $ 60,000 to fasten five bolts. Wade |
#60
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MichaelC wrote:
If the goverment would stop taxing dividends, both on the corporate and individual ends, exorbitant executive pay would drop like a balloon, as corporations would suddenly have something better to do with the excess cash. High executive compensation is a creature of the tax code. What a bunch of BS. The CEO of Costco is paid $350,000 a year; not millions as are allocated to the Walmart CEO. Explain that. Greed is the operative word here. |
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