SOLD! America II

Renew America ^ | September 14, 2006 | Bonnie Alba

[lucysmom]

You are forgetting the "hidden " labor costs in the US. If Levi pays a worker $20 an hour, it will actually cost Levi $35 an hour. Then there are all the other "hidden" costs - unemployment insurance, taxes, regulations, etc.

Sounds like Mexico would be more to your liking.

[lucysmom]

Wages can only increase in proportion to productivity.

Wage increases once drove increased productivity through innovation (that's what made the US the leader it once was). Now the most innovative idea American industry has seems to be moving production off shore.

[Tokra]

Sounds like Mexico would be more to your liking.

What on earth are you talking about? Just because I state the facts doesn't mean I "like" them.

When the weatherman predicts a hurricane - does that mean he wants to live in one?

You are using Leftist logic.

[William Terrell]

If you insist on paying Americans a "living wage" of $15 - $20 an hour to make Levis, then Levis will cost $100 a pair.

If Levis cost $100 a pair, then Americans working other American jobs with good pay will be able to afford them like they afford $20 jeans now.

Up until the last few decades we made what we needed here and traded with each other. This is how America became a world power and wealthy.

Give me some reasoning why we should enrich other countries at our expense, and independence.

[Tokra]

Give me some reasoning why we should enrich other countries at our expense, and independence.

After you give me a reason why you think that I agree with any of this. Just because I report what is happening does not mean I defend it or even like it. I don't like it, but burying my head in the sand will not make it all go away.

Just like I told the other poster - do you think the weatherman should "give you some reasoning" why tornados should destroy peoples homes, just because he was the one to give the tornado warning?

I don't follow your logic.

[RightWhale]

American workers are required to be loyal to their companies

A lot of truth there. We don't want to look at Corporations since they are such a big part of America. 80% of the economy.

[William Terrell]

I don't follow your logic.

My logic illustrates the attitude, "Oh, well they done it to us, so we'll just have to take it."

Sorry. I don't agree. Fight it; words and action. If you don't, then the result your inaction brings about is indistinguishable from the result brought about by acting in it's support.

[Tokra]

Fight it; words and action. If you don't, then the result your inaction brings about is indistinguishable from the result brought about by acting in it's support.

The iceman fought the advent of refrigerators, the blacksmith fought the advent of the automobile, the office tabulators and file clerks fought the advent of the computer. What good did it do any of them?

But when the iceman lost his job - the refrigerator repairman found his. When the blacksmith lost his job, the auto mechanic found his, when the tabulator lost his job, the computer programmer found his.

The world is changing and the old American factory jobs are going the way of the dinosaur. You can fight against it all you want - but it won't change a thing.

However, for every job that is lost - a new one will take its place. We have to learn to swim WITH the tide and not against it.

Again, none of this means that I personally like it or agree with it. But putting on blinders and pretending that it will alll go away does no good at all.

[hedgetrimmer]

You are leaving out a couple of important pieces of information. If you say the iceman lost his job, but the refrigerator found his, you are wrong. The iceman didn't lose his job because the government created programs that ultimately forced his job offshore. In the days of the iceman, the government did not act unilaterally to decimate whole sectors of the economy so that it could provide trade giveaways at international trade rounds. If the local modernized and households bought refrigerators, the need for icemen diminished. In today's centrally planned global economy, elites attending the trade rounds decide which countries will get which sectors. It is flatly antiAmerican, completely orchestrated and totally unconstitutional.

The pretending going on is that this economy is a natural progression of some sort, when indeed it is part of a global planning process that usurps the rights of American citizens to control their own destiny.

[Tokra]

You might want to check your history book. The icemen lost their jobs in the early 1930s - just when the federal goverment was interfering with the economy big time.

I'm sorry - I just don't buy the tin hat theory that Bush, Cheney and Queen Beatrice are plotting to turn the world into one global entity.

You, of course are entitled to believe what you wish.

[Hydroshock]

And it hasn't been for years.

[pissant]

Is Bonnie Jerome Corsi in drag?

[William Terrell]

No. This current migration to inequitable trade has nothing to do with new technology replacing old. The technology and methods being "traded" as templates for foreign manufacture is leading edge.

It has to do with a building a foundation for a global government and dissolving the sovereignty of nations, as has been admitted outright for almost two decades.

You can bow your knee to it. I will not.

[raybbr]

Foreign Ownership of US Domestic Industries
This data comes from IRS (Internal Revenue Service) - Current as of 2002 (latest data available) Foreign ownership refers to ownership of assets of a particular industry by foreign controlled domestic U.S. Corporations (FDC) 50% or more owned by a foreign entity.

	INDUSTRY	PERCENTAGE FOREIGN OWNED
	Sound recording industries	97%
	Commodity contracts dealing and brokerage	79%
	Motion picture and sound recording industries	75%
	Metal ore mining	65%
	Motion picture and video industries	64%
	Wineries and distilleries	64%
	Database, directory, and other publishers	63%
	Book publishers	63%
	Cement, concrete, lime, and gypsum product	62%
	Engine, turbine and power transmission equipment	57%
	Rubber product	53%
	Nonmetallic mineral product manufacturing	53%
	Plastics and rubber products manufacturing	52%
	Plastics product	51%
	Other insurance related activities	51%
	Boiler, tank, and shipping container	50%
	Glass and glass product	48%
	Coal mining	48%
	Sugar and confectionery product	48%
	Nonmetallic mineral mining and quarrying	47%
	Advertising and related services	41%
	Pharmaceutical and medicine	40%
	Clay, refractory, and other nonmetallic mineral products	40%
	Securities brokerage	38%
	Other general purpose machinery	37%
	Audio and video equipment mfg and reproducing magnetic and optical media	36%
	Support activities for mining	36%
	Soap, cleaning compound, and toilet preparation	32%
	Chemical manufacturing	30%
	Industrial machinery	30%
	Securities, commodity contracts, and other financial investments and related activities	30%
	Other food	29%
	Motor vehicles and parts	29%
	Machinery manufacturing	28%
	Other electrical equipment and component	28%
	Securities and commodity exchanges and other financial investment activities	27%
	Architectural, engineering, and related services	26%
	Credit card issuing and other consumer credit	26%
	Petroleum refineries (including integrated)	25%
	Navigational, measuring, electromedical, and control instruments	25%
	Petroleum and coal products manufacturing	25%
	Transportation equipment manufacturing	25%
	Commercial and service industry machinery	25%
	Basic chemical	24%
	Investment banking and securities dealing	24%
	Semiconductor and other electronic component	23%
	Paint, coating, and adhesive.	22%
	Printing and related support activities	21%
	Chemical product and preparation	20%
	Iron, steel mills, and steel products	20%
	Agriculture, construction, and mining machinery	20%
	Publishing industries	20%
	Medical equipment and supplies	20%

  FOREIGN OWNERSHIP OF MAJOR U.S. INDUSTRIES

	INDUSTRY	PERCENTAGE FOREIGN OWNED
	Mining	27%
	Information	24%
	Manufacturing	20%
	Professional, scientific, and technical services	20%
	Finance and insurance	11%

[ex-Texan]

Add this fact to the mix: Mortgages are packaged and sold on Wall Street as mortgage obligations (CMOs). Foreign companies and foreign governments purchase these debt obligations. How many $ Trillions in mortgage obligations are owned by China, Saudi Arabia, Venezuela, Japan, and/ or Iran ? Nobody in government even cares. But how would Americans feel if they learned the home they live in is owned by a foreign country?

[William Terrell]

Motion picture industry is scary enough, but can I assume that, since the broadcast media is not listed, there is no foreign ownership of it?

[William Terrell]

I'm sorry - I just don't buy the tin hat theory that Bush, Cheney and Queen Beatrice are plotting to turn the world into one global entity.

At what point in the process would you believe it? After it's a done deal?

[raybbr]

Motion picture industry is scary enough, but can I assume that, since the broadcast media is not listed, there is no foreign ownership of it?

Hard to tell. I do notice that most of the acquisitions involve the UK. Lots of Middle East money involved, I think.

[Toddsterpatriot]

How many $ Trillions in mortgage obligations are owned by China, Saudi Arabia, Venezuela, Japan, and/ or Iran ? Nobody in government even cares. But how would Americans feel if they learned the home they live in is owned by a foreign country?

You're such a clown. If you don't understand the difference between holding the mortgage and owning the house, there's no hope for you.

[Toddsterpatriot]

That doesn't prove that compensation has gone up, only the cost to the employer for providing it.

You flunked math and reading comprehension.

If it costs an employer 10% more to compensate their employees, that means compensation has increased by 10%. LOL!