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#291
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gatt wrote:
The fact that a company large or small would leave the US to reduce the amount of taxes they have to pay ought to show you that taxes are too high in this country. Unless the purchasers of the company aren't domestic in the first place. What does that have to do with anything? No matter who owns a given company it behooves them to locate the business in the most advantageous location that they can. If they discover they are in a place that with a climate hostile to business they're gonna go elswhere. Its not suprising Tennessee, Texas and Florida have booming economies.. all three states have no income tax. That's attractive to employers (less paperwork) and workers (they get to keep more of their money). |
#292
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![]() "Larry Dighera" wrote in message ... Thanks to your comment, I understand the issue much more fully now. How silly of me to respect the judgment of only U.S. president to have been elected to more than two terms by our nation's people, guided our nation through recovery from the Great Depression, and through World War II. Your opinion clearly trumps FDR's. I forgot how omnipotent ATC controllers are. Sorry. :-( FDR did not guide the US through recovery from the Great Depression, he drove us deeper into it. |
#293
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![]() "Larry Dighera" wrote in message ... Bush wasn't wrong; he was deceitful. Prove it. |
#294
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![]() "Larry Dighera" wrote in message ... Thank you for your input. Unfortunately, I seem to not have made myself clear at all. I'm describing the shortcomings of pure capitalism. I'm not advocating any particular system or remedy. I'm just interested in discovering how those shortcomings a of capitalistic system I mentioned might be mitigated, so that ALL benefit, producers and consumers alike. After all, producers are victims of ever decreasing prices just as consumers are victims of the loss of US jobs. There is no improving of free markets. Whatever shortcomings you might see in them, the "cure" is always worse. |
#295
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![]() "Gig 601XL Builder" wrDOTgiaconaATsuddenlink.net wrote in message ... The fact that a company large or small would leave the US to reduce the amount of taxes they have to pay ought to show you that taxes are too high in this country. Unless the purchasers of the company aren't domestic in the first place. Purchasers of what? The company's stock? The company. IE, I'm a corporation in Asia or Europe, I'm acquiring your company (say, Chrysler), I'm moving it outside of the US. Not because the taxes are too high, but because I can. -c |
#296
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![]() "kontiki" wrote in message ... What does that have to do with anything? No matter who owns a given company it behooves them to locate the business in the most advantageous location that they can. If they discover they are in a place that with a climate hostile to business they're gonna go elswhere. But not necessarily because of taxation is unfair. I'm definately not saying that it's not a reason that businesses do it, it's just not necessarily THE reason to do it. By extension of the philosophy, it's like saying if taxes were lower outside of America, Americans would leave America. Some Americans do leave, and possibly because of taxes, but it's incorrect to say that they all leave because of high taxation. In fact, most don't; they remain in America and grumble about the taxes. ;P By the way, check out this piece of propaganda I found: "Wal-Mart firmly believes in local procurement. We recognize that quality products can generate more job opportunities, support local manufacturing and boost economic development. Over 95% of the merchandise in our stores in China is sourced locally." http://www.wal-martchina.com/english/walmart/index.htm -c |
#297
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On Mon, 30 Apr 2007 21:24:36 GMT, "Steven P. McNicoll"
wrote in .net: FDR did not guide the US through recovery from the Great Depression, he drove us deeper into it. I think you're thinking of president Hoover: http://home.att.net/~history240/hist...epression.html Aggravating the nation’s economic problems was the passage of the Hawley-Smoot Tariff Act of 1930, intended to protect American industry from foreign competition. As the highest tariff in the history of the United States, it is named after the Republican Congressman (Willis C. Hawley) and Republican Senator (Reed Smoot), who jointly sponsored its passage, which was immediately signed into law by President Herbert Hoover. The tariff brought immediate revengeful tariffs against the United States, which resulted in a severe decrease in foreign trade, thus intensifying the harsh effects of the Great Depression worldwide. Hoover maintained that status quo insofar as his policy agenda was concerned; in other words, he failed to take action to correct a rapidly deteriorating economic situation, depending instead on private enterprise and corporations to pick themselves up and correct the situation. Despite rapidly increasing evidence to the contrary, President Hoover continued to deny that the economy was in crisis. On December 2, 1930, after the passing of the first year of the Great Depression, President Herbert Hoover delivered his message to the Congress, insisting that “the fundamental strength of the economy is unimpaired.” Later, a critic of the President pointed out evidence to the contrary of Hoover’s continued assertions, stating that there are great numbers of unemployed men selling apples in a desperate effort to earn just a little money. Defending his position, the President responded by contending that these men were simply engaged in “free enterprise.” According to Herbert Hoover, “Many people have left their jobs for the more profitable one of selling apples.” Meanwhile, “Hoovervilles” sprung up across the United States. Hooverville was the name given to shantytown built on the outskirts of American communities during the Great Depression, to house poor and dispossessed people in the 1930s. ------------------------------------ The “Bonus Expeditionary Force” of 1932, was composed of unemployed World War One veterans, who, largely independent from one another, congregated at Washington, D.C., to demand passage of the Patman Bill that proposed the immediate issue of promised government bonuses rather than wait thirteen years for the planned date of issue. Pursuant to the demands of these veterans, and as the result of intense and successful lobbying to that end by veterans’ advocates, including the American Legion, the Congress passed the Veteran Bonus Act of 1924 over the veto of President Calvin Coolidge. Acting in accordance with the new law, the Federal government issued certificates in 1924, guaranteeing payments of $1,000 per veteran on average, to be made in 1945. During the crisis of the Great Depression, many desperate and unemployed American veterans demanded early payment to meet their financial needs. In an effort to meets such exigencies, Wright Patman of the U.S. House of Representatives, introduced a bill to speed up the payment of the veterans’ bonuses. Calling for the passage of the Patman Bill, veterans converged on Washington D.C. in the spring of 1932, taking up residence in a tent city near where the Pentagon stands today. Having passed through the House of Representatives, the bill was killed in the Senate in mid June 1932. When the camped out Bonus Expeditionary Force, as the veterans were called, refused to break camp and depart, President Herbert Hoover ordered their eviction and dispersal of the members of the Bonus Expeditionary Force, and the destruction of their tent city. These orders were carried out by the U.S. Army, under the command of General Douglas MacArthur (1880–1964). A few months earlier (January 4, 1932), Time magazine reported a quote from President Herbert Hoover, who still denied the depths of the nation’s economic crisis. The President, according to the article, was even proud of the fact that “the nation’s needy have gone through three hard winters without a dollar’s worth of direct aid from the Federal Treasury” (as a supposed indication that welfare socialism was unnecessary). According to the President, “Nobody’s actually starving. The hoboes, for example, are better fed than they have ever been. [And, with reference to the lines of people waiting to be fed at the soup kitchens, he stated:] One hobo in New York got ten meals in one day.” Either in a continued state of denial or a sense of his own importance and grandiosity, Herbert Hoover decided to run for reelection in the autumn of 1932. In this reelection bid, Hoover is astonished when his presidential train is regularly battered with eggs and tomatoes as it passes through communities along the campaign trail. As his train passed through cities and towns in the Upper Mid-West, unprecedented numbers of people appeared to greet the President with placards and chants of “Hang Hoover.” Such a clamoring crowd thronged the route that his limousine took from the train station to Detroit’s Olympic Station. Referring to such discontented hordes, and the success of the various police forces at keeping them at bay, President Hoover praised his administration, stating, “Thank God we still have a government in Washington that still knows how to deal with a mob.” Facing incessant criticism from all sides, a beleaguered President Herbert Hoover found his only solace and escape from the problems at hand through fishing. Eighteen years later, on May 19, 1947, Herbert Hoover affirms the comfort of that activity, stating that “[t]here are only two occasions when Americans respect privacy, especially in Presidents. Those are prayer and fishing.” To him, fishing is sacred. He states, that the sport “is discipline in the equality of men – for all men are equal before fish.” The only answer to the ongoing and worsening situation nationally was that of statism, and one that President Hoover refused to consider. Statism is the belief or idea that the power and authority of the state supersedes individual, group, and corporate authority of any form. Statist ideals stress the importance of state intervention in behalf of the rights of its citizenry, when situations emerge leading to social and economic imbalances, such as the Great Depression. The Democratic Presidential candidate was a patrician New York attorney, Franklin Delano Roosevelt (1882–1945). Pledging to bring about a “New Deal” for the American people, though his plans for national recovery appeared vague and unspecific, President Hoover criticized his ideas as being a “radical departure” from all that was deemed American. Having failed to resist social change, while at the same time bringing the national economy down to new depths, traditional conservatism took a back seat to liberal social reform under the leadership of a new President, Franklin D. Roosevelt. ------------------------------------ The practice of welfare capitalism emerged shortly after the end of World War One. It is based in a concept that stresses the role of the paternalistic corporation in providing the needs and security of its non-union, dependent and subordinate employees, while restricting the independence, mobility, and abilities of these workers, to organize themselves into unions at the same time. Welfare capitalism ultimately failed to support such workers when the Great Depression hit American society, thus, the policies of President Franklin D. Roosevelt’s New Deal transferred many worker protections to the Federal government and initiated reforms helpful to the labor unions, ending the first stage of twentieth-century welfare capitalism. During the post-World War Two period, welfare capitalism reemerged, as American companies found ways to negate the effectiveness of unions and negotiate greater control over labor, instilling at the same time, a nation-wide social belief system that reduced worker expectations relating to job benefits and security. In contrast to welfare capitalism, the social and political ideology of welfare socialism advocates a system where the government assumes the responsibility for the general welfare of its people, including education, employment health care, housing, social security, etc. This is the system that the Depression-Era federal government was forced to assume when business and private enterprise failed in its calling in the late 1920s. |
#298
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On Mon, 30 Apr 2007 21:25:09 GMT, "Steven P. McNicoll"
wrote in .net: "Larry Dighera" wrote in message .. . Bush wasn't wrong; he was deceitful. Prove it. It'll come out in the impeachment hearings. |
#299
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On Mon, 30 Apr 2007 16:34:57 -0700, "gatt"
wrote in : "Wal-Mart firmly believes in local procurement. We recognize that quality products can generate more job opportunities, support local manufacturing and boost economic development. Over 95% of the merchandise in our stores in China is sourced locally." http://www.wal-martchina.com/english/walmart/index.htm They must be referring to the Wal-Mart stores located in China. :-) |
#300
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![]() "Larry Dighera" wrote in message ... I think you're thinking of president Hoover: No, I was thinking of FDR. |
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