[RainDog]

If true, this demonstrates the dark side of capitalism; I am sure Boeing and the boys had their REA$ON$.

[FreeSpeechZone]

If true, this demonstrates the dark side of capitalism; I am sure Boeing and the boys had their REA$ON$.

MONEY

[Ben Hecks]

I think most if not all of this transpired before Boeing bought Hughes in Jan 2000.

[Dr Warmoose]

If true, this demonstrates the dark side of capitalism; I am sure Boeing and the boys had their REA$ON$.

Then watch as even more design work gets performed overseas. Face it, the US educates the world in math, engineering and science. The US babysits her young adults so that they graduate in five plus years with a relatively useless liberal arts, marketing, or a psychology degree.

With one motivation to move High Tech out of the US due to a lack of skilled workforce or at least one that will show up to work, we can add to the list, getting heavily fined for passing on TS technology.

Let's say that you were responsibile for running a company that exists to serve the data encryption community. Your primary objective is to stay solvent and keep the stock holders happy. To do that, your company is ready to come up with the best encryption algorithm the world has ever seen. Problem is, if developed by a US company then you won't be able to employ it anywhere but in approved countries. That means that those huge international conglomerate can't use your technology so tell your sales staff not to bother with trying to get those contracts. Nope, you have to work with those Mom & Pop's that don't do business with places like China. Like how many companies are there left that don't rely heavily on that Asian market?

Solution? Take your company's previous profits, invest them outside of the US in an overseas start-up. This saves you from having to pay taxes on the profits and on the dividends. This also is a great way to expatriate future profits because they are now made by a non-US company that doesn't have to pay US taxes or obey US regulation. By the way, your labor costs and your taxes are also extremely low. And if you are real smart, you will put this company in a country that is under a treaty with the US to receive protection from enemy nations so you have relative political stability. As an extra bonus you may even score some ImportExport Bank Loan guarentees so that you can loot the overseas company of any profits for your personal enjoyment and not have to worry about US overseers and regulators - or those pesky stockholder lawsuits.

[Brian Allen]

<< If true, this demonstrates the dark side of capitalism ... >>

Rubbish.

This IS true and demonstrates the sunniest side of Corporatism -- of Fascism.

In the system, that is, in which the movement of politician/military "officer"/executives among the various halls of military-industrial power goes unremarked and such Evil as was flagrantly displayed during the time the Arkansas Abberrations' crime family so squalidly squatted and bemanured the quarters traditionally reserved for Our Nation's President was considered a success by the Evil gangster bastards who pose as today's "DemocRATS" -- and who are their corporate supporters.

Bearing in mind that more than 95% of all feral-gummint dole-recipient "employees" are "DemocRATic" potty activists; the fact that this malfeasance has, even to this extraordinarily-limited extent; [The bastards should all be in prison FOREVER!] been rooted out and revealed in all its Evil, speaks highly of the Administration Of United States of America' President and Armed Forces Commander In Chief, George Walker Bush.

Who is quite probably the most adroit politician to hold the office since the days of Washington and Jefferson.

Or ever!

[Sic'em W!]

God bless Our Beloved FRaternal Republic's President.

God bless America!

Best ones -- Brian