Skip to comments.Crowd Attacks The US Ambassador In Beijing
Posted on 09/19/2012 4:59:46 AM PDT by blam
click here to read article
We can keep our sense of humor even while the antics of The Disaster continue to play out, now in foreign affairs. We have had enough of crying.
Oh, yeah “Walmart destroyed our economy” but only after Sears and Montgomery Ward, then K-mart.
Relatively few Chinese are driving any car much less Buicks.
Nothing happens on Embassy Row without the official blessing of The Party. We have recieved a none too subtle message.
“... Chinese artist and dissident Ai Weiwei tweeted ...”
Dude’s name is I Weewee?
Regardless, Buick is the most popular auto in China.
“Oh, yeah Walmart destroyed our economy but only after Sears and Montgomery Ward, then K-mart.
Relatively few Chinese are driving any car much less Buicks.”
A Congress and White House that for 40+ years not only permitted but encouraged outsourcing our means of production has made China strong and Americans poor and depleted our Treasury and soon we will all pay dearly for it.
When you have a country that traded its self sufficiency in real production of usable tangible products, so it could create a segment of overcompensated bankers playing games with their casino, along with an overcompensated entertainment industry of make believe and hype that deflects Americans attention from reality to reality TV, it is fairly obvious where we are all headed.
I don’t disagree that Sears, Kmart and Montgomery Ward all played into the marked deck of the WTO and owned politicians that created the momentum that Walmart then cashed into.
Regarding Buicks in China from 3 years ago. http://www.autoblog.com/2009/06/22/gm-hits-two-million-buick-sales-in-china/
The point is big corporations have routinely been accused of destroying the economy or the working class or some such crap. Walmart provided cheaper goods to the consumer and grew as a result, it is a story as old as capitalism itself and not something to be worried about.
Americans are not “poor” and outsourcing occurs because the American worker is paid too much relative to the rest of the world. There are many products which simply cannot be produced here because our workers are too highly paid to profitably produce them.
Selling 2 million cars in a country of a BILLION people is some problem? To whom? How many Buicks are sold in a nation with 1/3 the population?
Anyone who has actually studied International Economics encounters something called the “Product Cycle” it clearly explains what has happened with production moving offshore. There is no need for Illuminati involvement or the CFR or the Bildabergers.
The USA always had big USA corporations. They served us well until the financier thieves of Wall St revised the capitalist model from real capitalism that involved making stuff instead of a priority of only making money for the banking cabal.
Our nation’s problem is because our once solidly USA corporations are now global corporations that own our politicians and represent the world and profits for CEOs instead of the USA.. Corporatism is the antithesis of conservatism simply because it puts global interests in front of national sovereignty.
Sounds like the Marxist analysis of capitalist development.
Most of our financial problems are not the result of some economic elite’s machinations but because of political attacks launched and covered under class warfare rhetoric.
Give me a break on the Marx BS but while you are at it please explain your “capitalist development”.
Why do CEO’s (such as a worthless Carly Fiorina of Lucent/ATT/HP fame) that have control of the strategic direction of their corporations (most of which are global now and not at all USA) get an ironclad employment contract that would make most commies and socialists envious? Ask anyone who has ever worked for this POS prima donna.
Until every overpaid CEO has no contract and can be fired at will by shareholders, I will totally support workers who toil every day for their company, while the greedy CEO manager with nothing at risk looks for another perc.
The CEO screws up and they get millions more. The company goes bankrupt and they get more. The shareholders lose and these thieves get more. Only the shareholders and employees who have a huge stake too lose. This is why I’m no longer a Repub. Repubs have become pure corporatists instead of fiscal conservatives
Marxist-Leninist theory postulates that capitalism develops through discrete stages and that we are in the age of financial capitalism. This is what you were saying, too. Read Lenin’s book “Imperialism, the Final stage of capitalism”.
Boards of Directors approve these contracts. Shareholders vote for them and it appears that they do not care about these contracts.
Workers don’t care about any of that since all they want is to keep their jobs and have salary increases on a yearly basis.
None of your complaints have anything to do with the reality of economics. Nor do Republicans even if they are used by you as a whipping boy to justify your aid to the Democrats.
Corporations are a fact of life and have greatly improved yours even if you are unaware of this.
Most CEOS are merely managers that are partners with the their BOD buds who are of the same ilk. They are voted in only because they get the default vote, instead of absolute vote of owners.
They typically get more and the shareholder owners get less. Many of the corporate owners are now non-USA foreigners who oddly get a vote of influence in our elections.
The CEOs are not risk takers. They get paid many millions mostly for screwing up and bankrupting companies instead of managing them for the benefit of the owners. The owners are just as likely Chinese Commies as Americans.
Need I say Carly Fiorina is an example of the corporate whxxx who play the BODs as a fine violin at ATT and LU and HWP and always come out with millions more while owners come out with millions less.
USA corporate governance needs changed so that shareholder owners have the ultimate clout, and not the BOD or CEOs. USA owned corporations should be permitted to influence our elections, and others are not.
ha! that was good! Bambi & gang loosing control all over. The pacifiers should be sucking on same.
Since shareholders do not bother to vote out these boards they obviously don’t care and don’t feel aggrieved. Why should you?
Of course, there are shareholders who are foreign just as many Americans hold shares in foreign companies. So what?
“The owners are just as likely Chinese Commies as Americans.”
What is this intended to mean? It is totally false.