Lou Dobbs rips Tom Donovan a new one

CNN ^ | 5-2-2004 | self

[kcvl]

No, you didn't hit a nerve. Let me stereotype a little here. Many of the "sales reps" that I have had contact with are the biggest liars and bums on the face of the earth. If you don't like it get another job.

I really don't need you to tell me how to run a business. I also don't need you to tell me what I should do for my country. I don't care what you think about me or what I do either. I don't know where you got so smart but you obviously didn't get it from experience.

[kcvl]

I'm sorry, China is an enemy...period

Then don't shop at companies who do business with China. Good luck. I think you need to check your purchases a little more carefully because I can guarantee you that you are buying something made in "China".

[garandgal]

It's a good thing we have selfless politicians who will do the right thing without causing more damage./sarcasm off

Did I say anything about politicians? They are the worst of the worst, for the most part....bought and paid for on both sides. My deal is making sure that my fellow citizens come first and foremost. I think that the United States should be self-sufficient in all major areas...steel, oil, food, etc. I don't trust ANYONE who would undermine that.

There are many American citizens who will never be nurses, lawyers, biotech workers, etc. I think that we are morally obligated to make certain that they are gainfully employed, if they would like to be. And if you aren't inclined to that view...keep in mind we'll pay for them one way or the other. That will put us on the fast track to socialism.

[LdSentinal]

If only we can go back in time to stop Marco Polo from going to China, we could stop globalization from occuring.

[Texasforever]

Founders who loved this country

Careful there. Most of the Founders exploited the cheapest of labor.......Slaves.

[kcvl]

Put your money where your mouth is. Start your own steel company, your own oil company, etc. You have so much advice for everyone else you must be smart enough to get it done yourself. Get out there and compete and stop trying to tell everyone else how to run their business. Maybe you will get a clue. Or do you just try to sell what everyone else manufactures (including overseas)?

[MARTIAL MONK]

Please address my original point (conveniently ignored, as usual), regarding foreign companies building manufacturing plants here.

Because they can build a car with 26 labor hours vs. 36 for an American manufacturer. For every 4 cars another American is working at 7-11. Those jobs are now outsourced to never never land.

[garandgal]

Put your money where your mouth is. Start your own steel company, your own oil company, etc. You have so much advice for everyone else you must be smart enough to get it done yourself. Get out there and compete and stop trying to tell everyone else how to run their business. Maybe you will get a clue. Or do you just try to sell what everyone else manufactures (including overseas)?

That's right. I came right into your little world and tried to tell you how to run your business. I run mine the way that I feel is right...morally, and for the good of our national sovereignty and my fellow citizens. I would love to start a steel plant, as we really need more domestically manufactured steel (as has been recently proven by the shortage), but..alas...I can't compete with those who are (a.) immoral enough to use slave labor, and (b.) are too stupid to look at a history book and deduce where we are headed if we rely on our enemies for basic necessities.

[garandgal]

Because they can build a car with 26 labor hours vs. 36 for an American manufacturer. For every 4 cars another American is working at 7-11. Those jobs are now outsourced to never never land.

Nice try. Not the point. How can they build a plant, hire American workers, and compete? I thought it was impossible, with the regulations, worker's comp, liability, etc. That's what they say. You can't have it both ways...either it's impossible to compete here or not. The foreign manufacturers who are "insourcing" that you like to trot out ARE making money. Apparently, the American manufacturers who outsource just aren't making enough money to suit them.

[USMMA_83]

And, lets not forget a good retirement package, a happy life and a beautiful wife. And, if the companies dont do that...the government MUST.

[kcvl]

So you don't buy any China manufactured goods? If you do you know you are supporting the "enemy"? With such high morals that you say that you have I would think that you would avoid buying foreign made products.

The steel shortage, which will add more American jobs, is only temporary because much of it was sent to Iraq and businesses are booming (in the United States), new homes are being built, which obviously means that the "greedy" corporations are sharing their wealth.

[MARTIAL MONK]

They have super efficient plants in nonunion and regulatory friendly states. They do not have the burden of health costs/pension benefits for retirees. It is a constant quest to reduce labor costs. They manufacture here what is profitable to manufacture here. Just as the big three do.

I still look for the "J" in the VIN number. It is a higher quality car.

[Wolfie]

Whatever the arguments on outsourceing, the very least our gov't could to is end tax incentives for companies to move jobs offshore.

[kcvl]

Many companies are moving jobs overseas to take advantage of lax environmental laws.

U.S. subsidiaries are an important "insource" of high-quality, high-paying U.S. jobs -- a perspective often lost in the current "outsourcing" debate. New foreign direct investment (FDI) in the U.S. increased in 2003 by $82 billion.

US subsidiaries reinvest the profits they make here back into their U.S. operations. In 2003, these companies put $38.6 billion of their U.S. earnings back into their American investments.

U.S. subsidiaries manufacture in America to export goods around the world -- accounting for over 22.4 percent of all U.S. exports.

Data Shows Americans Own 20% of the Shares in the Largest 'Foreign' Companies in the U.S.

[Wolfie]

Short trem gain is the currency of CEOs and their Boards of Directors everywhere. Come in for 15 months, get the stock to jump a few points by laying off Americans and hiring foreigners at a percentage of Amercian wages, then retire fat and happy on the stock options.

[EagleMamaMT]

Read later.

[Toddsterpatriot]

Whatever the arguments on outsourceing, the very least our gov't could to is end tax incentives for companies to move jobs offshore.

What are those incentives, specifically?

[Constitution Day]

Yeah, and arrest any employer, worldwide, who fails to pay his (or her) employees a living wage.

"From Each According To His Abilities, To Each According To His Needs"

[Toddsterpatriot]

My deal is making sure that my fellow citizens come first and foremost. I think that the United States should be self-sufficient in all major areas...steel, oil, food, etc.

So, sugar tariffs and quotas are ok, even though they cause your fellow citizens to pay triple the world price for sugar?

[Moby Grape]

Outsourcing, like it or not, SAVES companies from going under..Better to have SOME jobs left state side than no jobs....I work in textiles...the consumer wants 400 thread count sheets at low prices...it cannot be done in the USA, PERIOD...for companies to survive, and compete with other companies, it is simply reality....

Someone needs to ask Dobbs what HIS ANSWER IS. This election year agenda driven "reporting" by Dobbs is typical b.s. from the left...Scare tactics, skewed figures, and NEVER realy identifying the causes (Unions, EPA, Taxes, Law suits, and world wide competition).