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To: Wilhelm Tell
I am puzzled by companies that have a reputation for making a quality product that stands out from some of the competition, and then management gets the idea to make things cheap, cheap, cheap and cut corners. Customers will quickly catch on that things are not as good as before. Management must have calculated that they can do okay with new one-time customers and it is not a problem that they will have fewer repeat customers.

Because that's what the stockholders demand. The first question the Board gets at their Shareholders' meetings is, "Why aren't you looking outside of the US to cut labor costs?"

68 posted on 02/15/2016 9:01:37 AM PST by dfwgator
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To: dfwgator

There is a systemic conflict of interest between international corporate stock holders and the American people. Corporations act like stateless NGO’s and nobody checks their power. Worse they corrupt the legitimate government with bribes. It is like the Mafia running manufacturing in the USA.


73 posted on 02/15/2016 9:12:32 AM PST by central_va
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