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Republican Shocker: Free Trade's Not So Good After All
CNBC ^ | 10-4-07 | John Harwood

Posted on 10/04/2007 7:07:18 AM PDT by SJackson

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To: Paul Ross
Your post gave me a lot of clear points to work with; thanks!

Ownership does not connote control...   ...CEO pay levels became so huge that they cut into corporate earnings.

Ownership without control only happens with indirect ownership, like where the people own the state and the state owns the wealth.  That's what Marx set out in Das Kaptital, and the rulers got rich at the expense of the masses.   The American free-market legal system makes with ownership and control the same thing.  I own parts of a number of corporations and in every single case I got no problem with the CEO getting paid all the money he wants --as long as it means that I get paid more money too.  

...Global labor inputs...along the entire skill spectrum... against the American public....

American labor can't be beat in the world market because it's the most productive.  What we've been seeing over the decades is US tariffs going lower and lower, while real American incomes are steadily hitting new highs.  The idea has been to allow people the freedom to create wealth, and that's what's been making America great.

641 posted on 10/10/2007 12:33:38 PM PDT by expat_panama
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To: Sidebar Moderator; Jim Robinson
You know, you could do something really, REALLY radical tto circumvent this horrific censorship, this hugh and series infringement on your First Amendment rights - .

I will leave the radicalism to you! ;-) [Hewitt, is that you?!]

like, re-post the article in question as a link and excerpt..

You mean like Rude and his rotund pals fail to? Okay. Its your playhouse.

The Real Cost of Offshoring, and also as here at Free Republic, and, oh here are some links to the NON-COPYRIGHTED Charts and graphics from separate articles like this:

http://images.businessweek.com/mz/07/25/0725_29covsto.gif

and this one:

http://images.businessweek.com/mz/07/25/0725_29covsto_a.gif

and here:

http://images.businessweek.com/mz/07/25/0725_32covsto.gif

I have no way of knowing if they have or haven't threatened you over such links, as apparently Gannet has, please inform us, rather than snipe at the bidding of the import lobbyists.

642 posted on 10/10/2007 12:37:20 PM PDT by Paul Ross (Ronald Reagan-1987:"We are always willing to be trade partners but never trade patsies.")
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To: expat_panama
The American free-market legal system makes with ownership and control the same thing.

No, it doesn't.

I own parts of a number of corporations and in every single case I got no problem with the CEO getting paid all the money he wants --as long as it means that I get paid more money too.

So you're merely being a passive owner. Not all share owners agree with you. Hence the resolutions to constrain. Secondly, to the extent you don't get paid more money...what will you do? Exercise a similar resolution, fight a proxy battle or maybe run for the Board of Directors yourself? Or just sell out?

Third, the focus on the financial return exclusively is fundamentally at variance with good citizenship, and is frankly amoral. Dennis Prager has opined at length on this, and I agree with him.

American labor can't be beat in the world market because it's the most productive.

On an hourly unit of production efficiency...no question. But on a cost basis? On a purely dollar-comparison cost basis? It can be underpriced. That's what outsourcing is all about.

643 posted on 10/10/2007 12:50:23 PM PDT by Paul Ross (Ronald Reagan-1987:"We are always willing to be trade partners but never trade patsies.")
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To: Paul Ross
have no way of knowing if they have or haven't threatened you over such links,

Yes, you do. Check out the link posted in #627, and in there, plain as day, is (drum roll, please)...

businessweek.com

So maybe, just maybe, when some of your posts get removed, it is because they violate FR posting guidelines. No import lobby cabal required.

644 posted on 10/10/2007 12:54:47 PM PDT by Sidebar Moderator
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To: Paul Ross
Its your playhouse...I have no way of knowing if they have or haven't threatened you over such links, as apparently Gannet has, please inform us, rather than snipe at the bidding of the import lobbyists.

******************

Wow. What's that saying about not digging if you're in a hole?

645 posted on 10/10/2007 12:59:20 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: trisham
Wow. What's that saying about not digging if you're in a hole?

Good advice!

Love your Clan chant, btw.

FYI: Your preferred candidate did well last night.

646 posted on 10/10/2007 1:05:51 PM PDT by Paul Ross (Ronald Reagan-1987:"We are always willing to be trade partners but never trade patsies.")
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To: Paul Ross

Thank you. :) Yes, he did fairly well.


647 posted on 10/10/2007 1:07:14 PM PDT by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: Paul Ross
ownership and control the same thing.

No, it doesn't.

Hey Paul, there's got to be more to this discussion than "yesitisnoitisntyesitisnoitisntyesitisnoitisntyesitisnoitisnt".  Let me know when you want to talk law; this might be a good place to start..

hourly unit of production efficiency...no question. But on a cost basis?

There are hard numbers for this. (The Boston Globe U.S. Workers World's Most ProductiveU.S. workers are world’s most productive).  Not everyone agrees.  If you're going into surgery and instead of an American doctor you'd rather hire one from say, Uganda, then that's your choice. 

648 posted on 10/10/2007 4:10:47 PM PDT by expat_panama
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To: TChris

Are you borrowing money from the Grocery store to buy its products instead of growing your own?


649 posted on 10/10/2007 10:26:30 PM PDT by rmlew (Build a wall, attrit the illegals, end the anchor babies, Americanize Immigrants)
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To: rmlew

If he does borrow money to purchase his groceries, then the problem is that he’s spending more than he has and not the origin of his tomatoes.


650 posted on 10/11/2007 5:35:44 AM PDT by 1rudeboy
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To: 1rudeboy

Globalist!


651 posted on 10/11/2007 5:38:32 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: Paul Ross

The Third Way is definitely not Reaganism. It really chaps my hide when Third Way types try to associate themselves with Reagan. What a joke!


652 posted on 10/15/2007 4:26:50 PM PDT by GOP_1900AD (Stomping on "PC," destroying the Left, and smoking out faux "conservatives" - Take Back The GOP!)
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To: All

Here is a paradox. If most countries in the world are not free (at least free, as defined by small government, minimal government intervention, human rights, and respect for the rule of (English Common) law), then how can we have truly free trade? If we attempt to trade freely in this environment, and pretend its a level playing field, then those who are not free will rip us off. While it is noble to try and lead by example, the real world is quite brutal and there are many bad actors.

Here is a solution. Trade freely with other more or less free nations. And with all others? Either don’t trade at all, or, trade under very demanding terms that are totally to our advantage. This is exactly what Reagan’s time frame had in place. That is exactly what we did back then.


653 posted on 10/15/2007 4:42:27 PM PDT by GOP_1900AD (Stomping on "PC," destroying the Left, and smoking out faux "conservatives" - Take Back The GOP!)
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To: Toddsterpatriot

Still waiting on his answer...


654 posted on 10/24/2007 8:12:51 PM PDT by RockinRight (The Council on Illuminated Foreign Masons told me to watch you from my black helicopter.)
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To: Toddsterpatriot

“Explain the basics of how the deficit is bad for America.”

Spending more than we earned for decades has turned out great!


655 posted on 10/11/2008 8:42:56 AM PDT by FightThePower! (Fight the powers that be!)
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To: ClearCase_guy

“Perhaps Duncan Hunter’s views would be of interest to 6 in 10 Republicans. “

They certainly would be if anyone KNEW about Duncan Hunter. Thanks to the media (AND THE GOP), they ignored him and handed us what we’ve got.


656 posted on 10/11/2008 8:49:34 AM PDT by AuntB ( "During times of universal deceit, telling the truth becomes a revolutionary act." - George Orwell)
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