To: gooleyman
You don't seem to understand my post.
We should declare, as a matter of policy, that firms who choose to offshore jobs (from American base operations) are placing those offshore assets at risk. 100% risk. Buildings, machines, intellectual property, the whole 9 yards.
The authors of the thread-head article already mentioned that OPIC, ExIm, and other taxpayer-financed incentives for building offshore facilities should be eliminated.
Why the blazes should US justice apply to foreign entities?
I understand the concern you have for your colleagues; maybe your employer will think twice about offshoring if they would lose several experienced people.
BTW, terrorism has nothing to do with this. Confiscation of assets or I.P. by foreign countries has EVERYTHING to do with it.
130 posted on
01/01/2004 5:42:39 PM PST by
ninenot
(So many cats, so few recipes)
To: ninenot
maybe your employer will think twice about offshoring if they would lose several experienced people.
NO!! The only thing that will make any business think twice about opening a shop overseas vs here is as I stated to start this whole thing off....A SERIOUS REDUCTION IN TAX RATES AND A DRASTIC REDUCTION IN REGULATIONS. As long as we keep raising taxes (federal AND local) and piling on the regulations, jobs will continue to go overseas. NAFTA and GATT have absolutely nothing to do with it. Companies ONLY look at the bottom line, especially since most of them are run by bean counters today. The threat of the loss of employees is of no consequence to bean counters. Employees are a dime a dozen in their eyesight. In fact if they lose a few, they can hire more at a reduced price and save even more money. They'll probably send a few high paid Engineers over there purposely so their heads get blown off and they can hire cheaper Engineers and avoid paying them a pension. I worked at one company where a guy died on the job and the forman immediately clocked him out so they wouldn't have to pay his widow for the rest of that day. Talk about a heart....what heart?
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