[goldstategop]

Which is opposed by a Corporate America more concerned about the bottom line than the welfare of the country it supposedly resides in.

[snippy_about_it]

Which is opposed by a Corporate America more concerned about the bottom line than the welfare of the country it supposedly resides in.

Well said.

BUMP!

[vigilo]

"Which is opposed by a Corporate America more concerned about the bottom line than the welfare of the country it supposedly resides in."

Many in "Corporate America" view themselves as global "citizens of the world" and don't care about anything having to do with their own nation or culture. The people who assend in Corporate America are made from the same cloth as those who go to Washington and look the other way as our culture is destroyed. They are all, for the most part, the scum of the earth.

[misterrob]

But of course investors and Wall St. will cry about reduced profits and hence a lower the stock price which is how public companies are judged.

The fault lies with us.

[SouthParkRepublican]

”Which is opposed by a Corporate America more concerned about the bottom line than the welfare of the country it supposedly resides in”

To be fair, this is exactly what Corporate America is about and if not then something is wrong with their business model. Generating profit and accountability to share holders is what should matter to companies.

It is the Fed that is responsible for governing international trade and it’s nice to hear that there are finally some rumblings in congress about this.

[Redbob]

"Which is opposed by a Corporate America more concerned about the bottom line than the welfare of the country it supposedly resides in."

Funny that the CEO's and Board Chairman who comprise "corporate America" haven't figured out they have to live in the same communities as the rest of us.

[Marysecretary]

That's right. I won't buy a Dell when I look for another computer because it's moving its firm to China. Uh uh. New York State used to have so many factories. Now it's putting its folks to work at Malls and in tourism. Low paying jobs going nowhere. Bring back the industry, Mr. Pataki!

[Teacher317]

Why would Corporate America be opposed to an increased share of American purchases? Wouldn't that increase their sales over foreign competitors?

[Action-America]

Which is opposed by a Corporate America more concerned about the bottom line than the welfare of the country it supposedly resides in.

Your statement ignores the fact that many US based companies now have majority foreign ownership or close to it.  The reason for this is plain.  Foreign companies are buying into US companies at fire sale prices, since the value of US companies is being depressed by US law.

The corporate boards of those companies are responsible to ALL stockholders of the company, not just the US stockholders.  Just because a company originated in the US, doesn't mean that its owners will forever remain US citizens, if indeed, they ever were.  And, even if the owners are all US citizens, there is nothing patriotic about allowing your company to go bankrupt, for no better reason than to gratify a few Congressmen's egos.