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To: nickcarraway
CEO’s of large corporations have a fiduciary responsibility to make the most money they possibly can make for the stockholders who have trusted him with their investment.

The only limitation is that it must be done legally.

Private companies, such as the ones I operated, have the freedom to do what they please. If they lose money, it is their money and no one’s business.

If government regulations, tariffs, taxes and laws close the advantages of manufacturing overseas to all, or make it less profitable, then you would not see CEO’s like Trump going overseas.

The industry I was in is almost nonexistent in the US today because of the cost of doing business here was dramatically higher than the cost of going overseas. Every one who tried to fight it went broke. That is BROKE.

Apparently you have no understanding of the difficulties of competing with overseas manufacturers.

27 posted on 08/26/2015 6:07:06 PM PDT by old curmudgeon
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To: old curmudgeon

Well, Trump has never been the CEO of a large corporation, or even worked at one.


30 posted on 08/26/2015 6:09:51 PM PDT by nickcarraway
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To: old curmudgeon

That sounds like a liberal argument. You are basically saying business will do the wrong thing unless the government sets up all kinds of regulations to force them to be good. Am I wrong, or did you just espouse the Democrat thesis?


52 posted on 08/26/2015 6:26:40 PM PDT by nickcarraway
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To: old curmudgeon
I'd like to know more about the difficulties of competing with overseas manufacturers.

Is it because their workers live in squalor while our displaced workers live in fine homes with running water and air conditioning?

And then liberals say that we have to give up our homes and move into dense urban housing?

Is it because their industries spew their waste into the air and water, while our industries have to recycle, reclaim, and dispose of waste?

And then liberals say that we have to protect the global climate because emerging third world countries can't?

Is it because their workers are paid a barely subsistence wage while our displaced workers are unionized and strike when companies are at their most vulnerable, sometimes killing the company instead of compromising?

And then liberals complain that we need government to protect jobs?

What if we kept industry here, and kept the jobs here, and paid the workers here, so they can live here and spend their money here buying products made here?

-PJ

136 posted on 08/27/2015 5:03:03 AM PDT by Political Junkie Too (If you are the Posterity of We the People, then you are a Natural Born Citizen.)
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