To: StatesEnemy
"Fine. But if your 'decision making' includes undercutting the American standard of living by offshoring your laborforce - you are no longer an American company and should be forced to pay tariffs to offset the 'protection' and 'profit margin' garnered by participating in the US marketplace."
That would be the "Constitutional" solution to the problem, coercing the vampires to do business in the Good Ol' USA, but that is not the "Free-Trade" way now, is it?
BTW, the tech-boom of the 90s was a genuine boom that should have continued into this decade and possibly the next, but the investment banking elite and the general culture of corporate greed super-inflated the prices to make quick profits, most of which were taken to secret, off-shore bank accounts for safekeeping.
I have a friend who is a lead analyst for Nomura Securities, and a couple of days after 9-11 we got together and had a talk about what see as REALLY going on with the economy in America.
In both of our opinions and experiences, the underwriters and analysts are in cahoots with the investment bankers and are playing a game with the investment community in that it is a well known fact that IPOs of common stock yield positive short-run raw returns and negative long-run market-adjusted returns.
In short, America was played for the sucker.
The SEC is a patsy in the whole process, crying foul every once in awhile and fining the syndicate pennies on the dollar, in a show to appease the American public.
The investment community is a fraud and sham, designed to artificially inflate and extract as much money as possible from new technologies, much in the same way as the Federal Reserve was created to insure infinite national debt.
Unless Americans choose wake-up and REALLY care about the direction their country is headed in, and put an end to supporting the two-party system that sustains the cycle of corruption, we will never again see the type of America we grew up in...one where AMERICANS have ANY hope of financial security, business opportunity and REAL community.
46 posted on
06/28/2003 3:05:33 PM PDT by
Veracious Poet
(Adages come, adages go, but the superfluous will always be with us)
To: Veracious Poet
"BTW, the tech-boom of the 90s was a genuine boom that should have continued into this decade and possibly the next, but the investment banking elite and the general culture of corporate greed super-inflated the prices to make quick profits, most of which were taken to secret, off-shore bank accounts for safekeeping. "Yes, those durn "Greedy Corporations" are intent on squashing the "little-folk."
EEEEvil Capitalism is denying workers from getting their fair share.
52 posted on
06/28/2003 3:51:36 PM PDT by
MonroeDNA
(Unions and Marxists both say, "Workers of the world, Unite!")
To: Veracious Poet
It's the jooooooos!
54 posted on
06/28/2003 3:52:31 PM PDT by
MonroeDNA
(Unions and Marxists both say, "Workers of the world, Unite!")
To: Veracious Poet
In both of our opinions and experiences, the underwriters and analysts are in cahoots with the investment bankers and are playing a game with the investment community in that it is a well known fact that IPOs of common stock yield positive short-run raw returns and negative long-run market-adjusted returns. The way good clients and politicians are rewarded by investment banks, is giving them a cut of "hot" IPO allocations. These are guaranteed to rise the first week, and the favored person gets to cash out for a nice profit.
And this is why Michael Milken (the Junk Bond King) had to be taken out. His innovating way of getting initial financing for startups like MCI and Viacom threatened the cozy IPO racket.
112 posted on
06/29/2003 12:40:23 PM PDT by
SauronOfMordor
(Java/C++/Unix/Web Developer looking for next gig)
To: Veracious Poet
Socialism dressed up as a patriotic rant. Free Republic is becoming worse than DU.
117 posted on
06/29/2003 4:02:53 PM PDT by
Dat
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