Posted on 06/20/2006 1:42:49 PM PDT by Ernest_at_the_Beach
BM (IBM:NYSE - commentary - research - Cramer's Take) will further expand its presence abroad by opening its first development lab in Russia, the company announced Tuesday.
Big Blue will spend $40 million over the next three years for its Russian systems & technology laboratory, which will focus on mainframe technology development. The company will hire up to 200 lab staffers by the end of 2008.
"As a globally integrated company, IBM needs to have the best talent and knowledge in the world, regardless of where it resides," IBM CEO Samuel Palmisano said in a statement.
Palmisano said there is an abundance of skilled programmers and technologists in the country and throughout central and eastern Europe that IBM wants to capitalize on.
"It is worth noting that 50% of university students in Russia are studying science and technology and that Russia has one of the highest levels of researchers in the active population anywhere in the world. We want to tap those skills," Kirill Korniliev, country general manager for IBM East Europe/Asia said in a statement.
The company said the new lab will boost development of IBM's System z technology. Additionally, the move will help the company beef up its presence in the Russian market and add to current customers like the Central Bank of Russian Federation and Russian Railways.
Recently, IBM has been pouring money into offshore operations. Earlier this month, the company said it is tripling its investment in India, and will spend $6 billion in the country over the next three years.
IBM shares rose 52 cents, or 0.7%, to $78.19 in recent trading.
Don't even know who Bonnie and Clyde are/were, and do not care. No need to stray from the topic. Your russia and china I consider to be our sociological/civilizational enemies, and therefore I see such IBM activities as referred to in the thread, as trading with the enemy and giving him aid and comfort.
Why would you? You are not a full American.
I am a Westerner by conscious adoption. Conscious adoption includes exercising the choice of what to adopt, and what to reject. I also reject "rap", for example, and I do not see myself any worse off for it. Ditto for Bonnie and Clyde, whoever/whatever they are/were. Western civ is much more about the things like Magna Carta than about bonnies and clydes, or [c]rappers.
You adopted Nietzsche. Marxism is a Western system too and you quote it like if it was manna from heaven. You also don't embrace Christianity which is the foundation of the West along with the Codex Justinianus.
Marxism is a Western heresy. Western civ in its American variant is pretty well summed in, and characterized by, the Federalist Papers, and not in bonnies or clydes. But you keep deviating from the topic of IBM blunder. If you have nothing to say on it, then say nothing.
codex justinianus is the foundation of the orthodox despotism, not of the Western civ. Western civ is based on common law [an offshoot of the Germanic tribal law], not on codex justinianus.
the codex is in the US senate
Yet another non sequitur of yours. There are bathrooms in the US senate, too, but the Senate is not [at least one hopes it is not] about crapping, although they produce more than their share of BS. What is, and is not, in the Senate building, does not matter [with the exception of brains, when these are not there]. So do not deviate and squirm away from the topic at hand - IBM blunder.
The U.S. Supreme Court has repeatedly confirmed that property rights and civil liberty are interdependent:
[A] fundamental interdependence exists between the personal right to liberty and the personal right in property. Neither could have meaning without the other. That rights in property are basic civil rights has long been recognized.
For that reason, the protection of rights in property lies at the heart of our constitutional system of government. The Founding Fathers, in drafting the Constitution, drew upon classical notions of legal rights and individual liberty dating back to the Justinian Code, Magna Carta, and the Two Treatises of John Locke, all of which recognize the importance of property ownership in a governmental system in which individual liberty is paramount. Concurrently, the constitutional framers drew upon their own experience as colonists of an oppressive monarch, whose unlimited powers vested him with the ability to deprive his subjects of their God-given rights of “life, liberty, and property.”
Date back to hammurabi code if you want. justinian code is the code of a despotic state, and as such does not have a place in a civilization built about minimizing the social control.
It is the basis for NATURAL LAW.
How did you become a citizen of my country? I would send you back but I like the Russians and don't want to inflict your ignorance on them. They have had enough of you 'transplants' destructions.
Well, and i would sent you to russia if i could, for in my opinion you belong right there, or maybe in north korea.
You are the Red lover - mentioning Marx in all your posts to me - if you love him so much why don't you kiss him - he may even be a blood relative of yours.
Don't be an idiot - were I to quote scripture or patristic texts [which I on occasion do, BTW], it would not make me a christian, for I'm an atheist. I simply have a sufficiently wide range of reference, and use from it what I think to be more appropriate to the situation at hand.
Or another of my buddies, H.L.Mencken.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.