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Old 09-23-2008, 01:56 PM
 
Location: Bella Vista, Ark
72,051 posts, read 83,719,346 times
Reputation: 41819

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Quote:
Originally Posted by rossc View Post
This is no secret. I remember Dateline and 60 Minutes stories on the topic. Your congressman is part of the problem. If you really want to research the topic, I'm sure you'll find plenty of info. It was all part of NAFTA and the plan to equalize global economies.
I am amazed at how many really take what is shown on 60 minutes and Dateline seriously.

Nita

 
Old 09-23-2008, 02:02 PM
 
53 posts, read 299,184 times
Reputation: 62
Quote:
Originally Posted by rossc View Post
Absolutely...My argument is that the government should not have encouraged it. They should be doing all they can to keep US business alive but it seems like just the opposite.
I also agree with you.
 
Old 09-23-2008, 02:02 PM
 
Location: Nashville, TN
957 posts, read 3,332,661 times
Reputation: 432
Quote:
Originally Posted by nmnita View Post
I am amazed at how many really take what is shown on 60 minutes and Dateline seriously.

Nita
I have first hand knowledge of this...
 
Old 09-23-2008, 10:16 PM
 
Location: Missouri
6,047 posts, read 21,665,781 times
Reputation: 5052
Quote:
Originally Posted by coastalrap View Post
So I guess you can't name a company that was giving multi-millions of tax payer dollars to move their operation overseas. What possible motivation would it be to do this?
I'm not sure if this is what is being referred to, but it is similar. Reader's Digest did an article in their last issue or so on U.S. companies moving overseas and/or manufacturing things overseas. Whatever is sold would be subject to U.S. taxes unless the profits are rolled back into the foreign country. U.S. companies take advantage of this and don't bring the money back over here, so it's not taxed, and it saves the company big bucks, even though the products have been produced by a U.S. owned company and are sold in the U.S. If the company did its business in the U.S., they would pay a lot more in taxes.
 
Old 09-24-2008, 05:17 AM
 
Location: Bella Vista, Ark
72,051 posts, read 83,719,346 times
Reputation: 41819
Quote:
Originally Posted by rossc View Post
I have first hand knowledge of this...
re-read your comment, you were the one who said, I saw it on 60 minutes and Dateline, my comment has little to do with your supposedly first hand information, it has to do with your remarks about TV programming.

NIta
 
Old 09-24-2008, 05:37 AM
 
16,199 posts, read 10,568,000 times
Reputation: 28845
Quote:
Originally Posted by christina0001 View Post
I'm not sure if this is what is being referred to, but it is similar. Reader's Digest did an article in their last issue or so on U.S. companies moving overseas and/or manufacturing things overseas. Whatever is sold would be subject to U.S. taxes unless the profits are rolled back into the foreign country. U.S. companies take advantage of this and don't bring the money back over here, so it's not taxed, and it saves the company big bucks, even though the products have been produced by a U.S. owned company and are sold in the U.S. If the company did its business in the U.S., they would pay a lot more in taxes.

Very interesting and lets not forget cheaper labor. In certain countries anyways.
 
Old 09-24-2008, 09:40 AM
 
1,905 posts, read 2,181,740 times
Reputation: 543
The US is the only country that that taxes it's corporations on products sold outside of the country. That's just another reason for corps to move out but it does not address the claim that the US gubmint is paying companies to move out.

If someone has 1st hand knowledge of this and it was on 60 minutes, why not spit out the name? It can't be a secret.
 
Old 09-24-2008, 09:48 AM
 
1,905 posts, read 2,181,740 times
Reputation: 543
To the original subject, it's beginning to look like Joe is an anchor to Obama.

Stand up Joe, take a bow.
 
Old 09-24-2008, 09:51 AM
 
Location: 3219'03.7"N 10643'55.9"W
8,115 posts, read 17,338,952 times
Reputation: 7287
Quote:
Originally Posted by elizamary View Post
Bush let the American people down....Big time. These past eight years were the worst I ever remember.

McCain was beaten up badly by Bush and the bushies but McCain caved. I acually like the man until he showed support for Bush. Everyone knew it was for political reasons. He sold his soul in other words.

"""All the liberals line up....okay..ready....repeat after me..."O Whatta Goo Syam"...keep repeating and that will take care of the effects of the Koolaide.""""
This line is just typical when the republicans want to put down the democrats. Same could apply to the other side as well.

I do agree we need a more moderate leader. The extremes are what is causing the problem. But as I see it.......The republican ideas are for the wealthiest americans and the Democrats are for taking care of Americans and their needs instead of Big oil and drug companies.
Obama has some great ideas and. He is calm, cool and collected and would be great for diplomatic relation with our allies. There are a ton of fences that need mending thanks to the cowhand ranch way of speaking.

Obama's pick for Veep shows his good judgement. Biden is an expert in foreign affairs along with having honor and integrity. He is good people.

That bolded sentence, to me, is the source behind our biggest problem we face as a nation today: the expectation that government exists 'to take care of us' in some fashion. We started our own republic over 200 years ago on the basis that we didn't want King George III to take care of us, and I am afraid we've run full circle in this country. I don't know about all of you, but when you are a child, you have a mother and a father take care of you, and provide. At some point, you begin to provide for yourself. Accordingly, I believe government should have a minimal role, indeed, the functions of federal government were intended to be limited to defense, police, and the courts. I begrudge no one for being wealthy. Usually, this wealth is a result of ingenuity, work ethic, and discipline, combined with superior brains. Contrary to socialist prescription, we are not all the same, we all possess different strengths, and weaknesses. It is not a function of government, through progressive taxation, to compensate for these deficiencies between individuals. It's failed everywhere it's been tried.

Therefore, I reject Senator Biden's assertion of "It's time to be patriotic". To me, it is the single most galling line in this political campaign so far, and there have been many. If McCain and his campaign staff had any brains or balls, they'd be hammering home this comment on campaign ads on a daily basis. Or perhaps, they really don't think it's worthy of discourse. And that's one of the reasons I am very tepid about his candidacy.
 
Old 09-24-2008, 10:23 AM
 
1,905 posts, read 2,181,740 times
Reputation: 543
Quote:
Originally Posted by mike0421 View Post
That bolded sentence, to me, is the source behind our biggest problem we face as a nation today: the expectation that government exists 'to take care of us' in some fashion. We started our own republic over 200 years ago on the basis that we didn't want King George III to take care of us, and I am afraid we've run full circle in this country. I don't know about all of you, but when you are a child, you have a mother and a father take care of you, and provide. At some point, you begin to provide for yourself. Accordingly, I believe government should have a minimal role, indeed, the functions of federal government were intended to be limited to defense, police, and the courts. I begrudge no one for being wealthy. Usually, this wealth is a result of ingenuity, work ethic, and discipline, combined with superior brains. Contrary to socialist prescription, we are not all the same, we all possess different strengths, and weaknesses. It is not a function of government, through progressive taxation, to compensate for these deficiencies between individuals. It's failed everywhere it's been tried.

Therefore, I reject Senator Biden's assertion of "It's time to be patriotic". To me, it is the single most galling line in this political campaign so far, and there have been many. If McCain and his campaign staff had any brains or balls, they'd be hammering home this comment on campaign ads on a daily basis. Or perhaps, they really don't think it's worthy of discourse. And that's one of the reasons I am very tepid about his candidacy.

Very well said!
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