U.S. Loses Its Advantage In Technology Trade

Manufacturing News | April 2, 2004 | Charles W. McMillion

[CrucifiedTruth]

Corporations are conspiring to lower wages across the board. In the short term this is a good strategy, but in the long term, how are they going to be able to charge higher or even current prices for their products?

You are mistaken. The multinationals don't want only money, they want the power too. They don't care about themselves being rich, they care about you being poor and powerless. Ponder this for a while, it means a lot.

[sixmil]

You are mistaken. The multinationals don't want only money, they want the power too. They don't care about themselves being rich, they care about you being poor and powerless. Ponder this for a while, it means a lot.

There is little distinction between money and power. Power gets money, money gets power.

[AnIndianFromIndia]

Correction:
India does not forbid recognising patents.What it objects to is the patenting of molecules.Patenting of manufacturing processes is supported by it,but not end-use molecules.Imagine somone patenting petrol,or even water,for that matter.

[CrucifiedTruth]

There is little distinction between money and power. Power gets money, money gets power.

That's the entire problem my friend. More so that you seem to accept it as the natural state of affairs. The conversion of money to power is called corruption. The goal of the US Constitution was to make that hard. A society where money is easily convertible to power can never be a free society. It's not democratic by definition and I'd argue that it cannot be called capitalist either. Because, power is used to shut down competition and progress - silly regulations, silly patents, silly (but expensive) lawsuits, tax barriers, tax holes, you name it. Money is supposed to give people food, shelter, etc NOT power over other people. Personally I think it's all over. The US is being sold out. The politicians are selling power, the very one the we gave them. With no production left in the country, there is nothing tangible left. Except power - that was built by prior generations. But its fundamentals are already lacking and quickly disappearing. It won't last. Hence the fire sale - we have the best politicians money can buy, remember...

[XBob]

224 - wow - what an excellent synopsis, your whole post, and particularly your :

"The US is being sold out. The politicians are selling power, the very one the we gave them. With no production left in the country, there is nothing tangible left. Except power - that was built by prior generations. But its fundamentals are already lacking and quickly disappearing. It won't last. Hence the fire sale - we have the best politicians money can buy, remember..."

and that is what the free-traitors don't understand.

[Lael]

but not end-use molecules

Pharmaceuticals ARE end use molecules. Penicillin, etc are specifically exempted from Patent Protection for Policy reasons...a ban that dates back to the 1948-1950 era.

Nehru thought it "obscene" that life saving Medicines, instead of being considered the inheritance of all humanity, be, by law, the property of the discoverer or his employer.

By the way, I'm not offended by that attitude...it just stands as an example of one nation's rightful exercise of it's Sovereignty with regards to important Public Policy questions.

[Paul Ross]

Our division is owned by a Canadian company, and they build the hardware in Canada and ship it to So. America. It's designed by folks in the Bay Area.

Your tirade against the proper concern over U.S. outsourcing, doesn't apply to your situation. You are representing a Canadian manufacturer. And your sales aren't to the U.S. So you say, anyways. If so, you would be immune to a restored U.S. tariff on imports.