So what happened to "Made in the USA"? Even American Flags are being manufactured for 9 cents and sold for 1.00 here. Nafta allowed our jobs to flow overseas, then to make themselves 100% profitable, with the cheap labor, no unions to bargain for this inexhaustibel bodies being worked over 18 hours per day, Bush gives tax breaks to the already wealthy! This makes the Tea Pot Dome Scandal look paltry!
Why do you think the US imposed a 40 hour work week, minimum wage and child labor laws? Did you forget the triangle shirt factory fire, where the women couldn't escape, because they were locked in? The FTC and the State Department are merely shells of their former selves, being run by cronies, who have no idea, what they are doing, except gave big contributions to Bush, to dismantle government as we knew it!
Where in the world, do you squander a 9 trillion dollar surplus? Where do you NOT equip your troops, with the right armaments to prevent death, but send them over anyway, to a senseless war, against those who didn't attack us? In Bush's USA, that's where! Where do you balance your budget off the backs of the middle class and the already poor? No place but here! When Bush's boys, come for you, will you cheer? You'll be a muttering wimp, wondering, what happened, that's what! Damn the torpedoes, full speed ahead!
mysteryman wrote:This is interesting, Obama now wants to define companies and corporations as "patriotic" or not.
http://online.wsj.com/article/SB120407121574294919.html?mod=opinion_main_review_and_outlooks&6
Quote:The legislation takes four pages to define "patriotic" companies as those that: "pay at least 60 percent of each employee's health care premiums"; have a position of "neutrality in employee [union] organizing drives"; "maintain or increase the number of full-time workers in the United States relative to the number of full-time workers outside of the United States"; pay a salary to each employee "not less than an amount equal to the federal poverty level"; and provide a pension plan.
Of course, he wants to raise taxes on any company that doesnt meet his qualifications.
Quote:Under Mr. Obama's plan, "patriot employers" qualify for a 1% tax credit on their profits. To finance this tax break, American companies with subsidiaries abroad would have to pay the U.S. corporate tax on profits earned abroad, rather than the corporate tax of the host country where they are earned. Since the U.S. corporate tax rate is 35%, while most of the world has a lower rate, this amounts to a big tax increase on earnings owned abroad.
Put another way, U.S. companies would suddenly have to pay a higher tax rate than their Chinese, Japanese and European competitors. According to research by Peter Merrill, an international tax expert at PriceWaterhouseCoopers, this change would "raise the cost of capital of U.S. multinationals and cause them to lose market share to foreign rivals." Apparently Mr. Obama believes that by making U.S. companies less profitable and less competitive world-wide, they will somehow be able to create more jobs in America.
This plan of his doesnt make sense to me at all.
:wink:
I just saw you getting all out of shape about posts by Amigo and me that you took literally - when they were meant sarcastically, ironically, whatever you wanna call it. They were parodies of the kind of anti-Obama nonsense that's out there. They're funny to some of us who just get so tired of the standard rightwing talking points, that we occasionally start taking the mickey out of 'em.
