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Government Regulations Send Tech Companies Overseas, Issa Says

April 21, 2011 by  

Government regulations send tech companies overseas, Issa saysRepresentative Darrell Issa (R-Calif.) has accused the Federal government of stifling job growth in the technology sector with compliance regulations.

Issa is the former chairman of the Consumer Electronics Association and the current head of the House Oversight and Government Reform Committee. On April 18, he delivered a speech in San Jose, Calif., presenting concerns from some of the nation's top technology representatives, The Hill reported.

He said that many start-up companies are avoiding the United States because of the high corporate tax rate and a lack of a permanent research-and-development tax credit. Issa cited Intel chief executive Paul Otellini, who says that it costs an extra $1 billion per factory to build in the U.S., compared to overseas.

A total of 90 percent of those additional expenses go to tax and regulatory compliance, Otellini told Issa.

According to The Wall Street Journal, the Commerce Department reports that U.S. companies added 2.9 million jobs domestically and 2.4 million positions overseas during the 2000s. That is a dramatic ratio differential compared to the 1990s, when 4.4 million jobs were created in America, while 2.7 million were added abroad.  

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  • Stan Smith

    If you want hear Darell Issa
    Rick Roberts Interviewed Darell Issa
    http://www.760kfmb.com/story/14486400/heard-on-the-rick-roberts-show
    It will be the send audio clip for Darell Issa and first audio clip is David Limbaugh!

  • TIME

    DUH, And the wake up call was when again?

    My God the insaine regulations in the US let alone the absurd TAX’S Federal – State, Local, etc….

    Who in their right mind would want to even take the risk, let alone the gaggel of worthless MONKEY lawyers who are looking to sue you at every turn.
    Or the wackO MONKEYS in our federal government like the FCC, the and the now totaly out of control DOJ.
    Or the mindless state drones MONKEYS whom one has to get permits and such from.

    WHY I ask you would anyone with money want to waste their time or money to insure that these mindless MONKEYS will get paid to screw you over.

    • Jovianus

      I believe Issa should qualify his statements with the GOP slogan “I did not mean my remarks to be factual statements”.

      • Jovianus

        Intel is pledging to spend between $6 billion and $8 billion to build a new chip manufacturing plant and upgrade its existing fabrication plants in Arizona and Oregon.

        The influx of cash will allow Intel’s new and current fab plants to put more muscle behind building the chipmaker’s next-generation, 22-nanometer microprocessors, which could eventually power sleeker devices that deliver higher performance and longer battery life at a cheaper cost.

        Intel’s first microprocessors built on the 22-nanometer process, codenamed “Ivy Bridge,” will be in production in late 2011, the chipmaker said today.

        Besides kicking in money into its U.S. facilities, which account for three-quarters of Intel’s global manufacturing plants, the investment will create 6,000 to 8,000 construction jobs and lead to 800 to 1,000 new permanent high-tech jobs and help retain workers at the current plants.

        “Today’s announcement reflects the next tranche of the continued advancement of Moore’s Law and a further commitment to invest in the future of Intel and America,” Intel President and CEO Paul Otellini said in a statement. “The most immediate impact of our multi-billion-dollar investment will be the thousands of jobs associated with building a new fab and upgrading four others, and the high-wage, high-tech manufacturing jobs that follow.”

        Read more: http://news.cnet.com/8301-1001_3-20020022-92.html#ixzz1KA9T6L7O

        • JIBBS

          6,000 to 8,000 construction jobs? I think someone made an error doing their math. I’ve been in the consrution indusrty for for over 25 year’s. Please provide better information to that statement, that number of jobs is very over rated. Looking at what you posted, your saying for every million dollars spent, they are creating 1000 construction jobs. I’m real sorry, but that holds no water and is impossible.

          • JIBBS

            I meant billion, sorry.

          • JIBBS

            Beside’s, some of the work involved in construction may last less that a month. All the jobs created for a constrution project, do not last the entire length of the building process.

          • Cawmun Cents

            Yes JIBBS,funny how leftists figure jobs,duration,and money spent.Truth be told,many jobs where constuction is concerned,cant even start until other parts are completed.Its not as if all phases of building are conducted simultaneously throughout the entire project.A guy who pours the foundation likely wont be there for the duration unless he works for the general contractor.An Ironworker cant do his job until a pile is driven and a foundation is poured.A plumber cant do his job until the ironhead skeletalizes the project,and then the framers have to build the inerior framing,so on and so forth.The duration of a sub contractors work depends on the various stages of project development.You dont start with,or finish with a full crew.So job numbers are worthless,cosidering the number changes daily,some entering the job and some leaving the job.If Jovianus was aware of this process he would be shocked to find that the numbers which are quoted rarely match the numbers actually pertinent.Yet he spouts his claims with all the authority of whatever press release he obtained them from.What a farce.

          • Cawmun Cents

            My bad…I didnt know Jovianus was a female.I apologize Jovi.But I stand by what I wrote.

          • 45caliber

            Jibbs:

            They consider it a job if it lasts a single day.

            But I agree. I seriously doubt if they will have more than a few hundred people on the job at any one time.

          • Jovianus

            Jibbs…that’s from CNet Business news…cut and pasted straight from the story. If you want to dipsute it, I suggest you take it up with Intel.

          • JIBBS

            @ jovi, you are the one who bought into the artical and posted it , like it was the word of God. I knew it was a lie from the get go, just by number of jobs it said it would create.(gulp) You should really did deeper when you see things like that, but maybe it was a shovel ready project…….lol

          • http://?? Joe H.

            Jibbs,
            Yup, shovel ready. As in shovel the BS till you find the facts!!1

        • Cliff

          The quote from Otellini is factual. BTW – I watched that skit on the Colbert Report and found that funny from the Republican Senator and his “vestigial tail.” It was as funny as listening to Barney Frank say he was pushing for regulatory reform on Fannie Mae and Freddie Mac when footage on youtube proved otherwise.

      • Conservative at Birth

        The main thrust was start up companies, not existing companies.

    • http://www.loringcorp.com Charles Wilson

      Absolutely AGREE with this opinion, and congratulate you for the intentinal fortitude to express yourself honestly and with truth. Obama and his fellow Communist cronies are on the path to destroy what we have established here in the U.S. Wait, those of you who may view my opinion with doubt. Obama is a “puppet”, a “plant”, and he is doing all and everything that the power from the most powerful political position on earth, the entire world, to so damage the United States that we may not ever fully recover. In what branch of the United States Military did you say he served? uh.. hummm… A Muslim Communist, with a “capital” “C”. Communist, intent on destroying the nation. He hates whites!

      • http://MSN.com Linda R

        Almost any plan and policy of Obama, and more often than not find it runs contrary to common sense and logical thinking. He more often than not does the opposite of what common sense would dictate. For example, he wants to raise taxes and adopt gigantic entitlement programs in a period of recession and unsustainable deficits. He sounds a constant theme of anti-business, anti-free-markets, and anti-profits, anti-capitalism.

        Obama may actually suffer from Narcissistic Personality Disorder. He may actually suffer from Narcissistic Personality Disorder. This has to do with magical thinking.

        Additionally, he denies the gap between his fantasies and his modest or limited real-life achievements (for instance, in 12 years of academic career, he hasn’t published a single scholarly paper or book).

    • Landon St. Peter

      Check out Tom Baugh. He is the author of Starving the Monkeys: Fight Back Smarter . He is also a former Marine, patented inventor, entrepreneur, professional irritant and a homeschooling parent. Also look at: http://militantlibertarian.org/2011/02/27/fully-taxated-part-i/
      It’s a 3 part article you might enjoy.

    • Stephan F.

      Time:

      I think your observations are completely accurate. And since we’re not due for the next blue moon to reappear for another millennium or so, nothing will be done to correct this trend (meaning the restoration of a pure unencumbered capitalistic economic system) that would enable us to get back into the game and reclaim our competitiveness in the world marketplace. This situation will continue unabated for the foreseeable future, and the drain of capital, intellectual talent, entrepreneurial spirit, and leading corporations to other countries will continue unabated for quite some time. So what’s the point? Glad you asked. The obvious consequences of all of this will result in a constant & relentless lowering in the average smuck’s standard of living for the foreseeable future. In other words (for all you socialists/fascists out there… and those living in California) the country will become poorer & poorer & poorer. Pleasant dreams Grosse Point.

      “It takes an immense resistance to logic and fact not to know that one cannot simultaneously control prices, inflate costs, ban production, increase taxes, grant counterproductive subsidies — and expect healthy vigorous production to result.” — William E. Simon, A Time for Truth

      • Stephan F.

        Oh, and one more thing: If I were you I’d do a little planning. For the past several years now the country’s been consuming much more than it’s producing, which means we’ve been living off our “seed corn” and it’s about to run out. When it does, that’s when the real fun and games start.

    • Chuck

      I agree. Intel is one of the few companies that are at least trying to be part of the solution by upgrading & expanding here at home. Way too many companies send jobs offshore to save a quick buck. In India if you sell a product there by law you can not provide the support for it outside of India, yet we send them thousands of jobs that we desperately need. Or own government is spending millions to train people in India & The Philippines to provide tech support for products sold in the US. Our tax dollars being used to send our jobs overseas…nice. I guess it’s true; America has not only the best legal system that money can buy, but the best system of government that money can buy as well.

  • http://www.diyyardandhome.com Dan

    I thought it was for the cheap labor? What a joke. The left uses that excuse all the time. I had the opportunity to talk with a Sara Lee Underwear executive prior to them moving all their plants overseas. It was NOT for the cheap labor. It was simply because as the article states. Over regulations and taxation. They simply could not compete with other companies already located outside the US. People tend to forget that cheap labor is exactly that. Unskilled and untrained. With the high tech equipment used, companies locating offshore have to start from scratch training operators which is a huge cost and then they find that workers are not dedicated nor have much of a work ethic.

    • Jovianus

      Dan…you do realize the during the early 2000′s, the GOP dominated Congress pushed through legislation which subsidizes a US company moving its facilties overseas? Cuts the cost to move overseas by 2/3rds. And lest we forget…there are hefty tax breaks given as well via income reporting evasion techniques so they can skip out on taxes.

      • http://www.diyyardandhome.com Dan

        No I didn’t forget that at all. It just added to the incentive for companies to move offshore. It was just another nail in the coffin for the US manufacturing base.

        • http://www.loringcorp.com Charles Wilson

          Dan.. I totally AGREE WITH your accessment. Thank you, Sir!

      • http://www.loringcorp.com Charles Wilson

        Not very informed and this jerk is not only not informed, but likely a fellow Communist Obama supporter, ~~in any event, fodder for the Communist led once pro-American Democrap Party. Open your eyes, America, LISTEN, READ. My God in Heaven, what is it going to take before you finally realize that these bums are throwing your children and grand-children under the BUS!!!????

        • Conservative at Birth

          Not just our childern, grand children, and great children, but anyone alive today. If the Republicans and indepentednt minded Democrats do not hold the debt ceiling where it is now this country is doomed to permanent recession. It will take ten to fifteen years to dig out of the whole we are in now.

          • Jovianus

            I know CB. Just think the markets daring to dive at the hint of the GOP TPers holding up raising the debt ceiling. I mean…how dare they! What could they be thinking that we would be flirting with economic ramifications which could well drive us into a deeper recession and possible depression.

            But then…they’re just the investment and ratings crowd…what the heck do they know? If I had your email or contact information, i’d send it to them so they could consult you as to what is economic common sense.

            BTW, ya wanna bet the GOP TPers will do what they tried this last go around on the budget. Say it’s economics, and then show the lie and push on a social agenda heavily laced on wacked out conservative religious principles?

            Jeesh ….

        • TIME

          Charles,
          Monkeys don’t think, they also can’t read, nor comprehend what they are told or read if they infact can read.
          Thus we have a MONKEY KING as POTUS as his Monkey serfs all who gravel at his every word as if the words were filled with golden treasue, and too many they are just think EBT Cards, Free housing, Free Cell Phones and Free Cloths, and lets not forget FREE Electric power, Water, and all other things FREE.

          Its not hard to find cute little Mindless Monkeys, just look on the Telie daily they have trained Monkeys who spit out sound bite pretzel logic as if they were pearls of wisdom from an old sage. Then we havd MONKEY actors who sell you on whats real and whats not real.

          Yet when one thinks about the Pretzel logic the MONKEY KING spits out one can only question how low the IQ’s are of the average MONKEY thats swining by its tail eating with the same hand it just craped in really is.
          Hey we have schools full of these MONKEYS in training we are growing them as if they had value, but wait they do have a value as SLAVES to the MONKEY KINGS.

          All civiliations thrive on the growing of youth, we have not grown our youth with the proper ingredients. Saddly yes I too am guilty of this, I can only ask for FORGIVNESS for my lacking.
          As well work to try and help get out the message that being a MONKEY SLAVE is not PROGRESS, its in fact going backwards.
          We have failed our YOUTH and left them to the KING MONKEYS to raise, while we worked our ass’s off to pay the KING MONKEYS to destroy us.

          I think the term is who’s minding the store?

          Saddly its now way too late, thus the only way this will end is in a blood bath of American lifes, one that will make Pol Pot look like a Sunday afternoon cake walk.
          And yes I am telling you that the useful idiots will be on a rampage.

          Oh and very soon, anyone recall the summer of HATE back in the 1960′s? Think Watts, New Haven, oh yea thats just such fun, and with record HIGH TEMPS expected this summer 2011, I can’t even fathom what the fall will bring.

          Also keep in mind that MONKEYS don’t like the really HOT heat, it makes them very nasty, then toss in food prices going higher, gas prices going to the $6.00 – $7.00 range, oh what fun this summer will be, did I make note of the MONKEY UNIONS, look for a fun filled summer from them too.

          Hey and what about that LYBIA deal. WOW we will be ging aid in the form of ADVISORS, and GUNS? Can anyone say NAM all over again?
          Anyone for ROOM 101?

          My God you People that are MONKEYS wake up your being used and what you will get in return is not quite what you think you will be getting, being a SLAVE is not a goal one should to aspire to.

      • JC

        Jovianus says:
        April 21, 2011 at 7:41 am
        Dan…you do realize the during the early 2000′s, the GOP dominated Congress pushed through legislation which subsidizes
        ——————————————————————-

        Jovianus, do you realize that all of your diatribe is about blaming the right? And do you realize that it is BOTH sides of the aisle that have been dragging our economy to an early grave? Do you realize that it is the system itself that threw us all overboard 30 or 40 years ago that must be fixed, and that it is NOT a left right thing?
        So as result you must realize that all of your “anti – right” rantings are about as useful as breasts on a bull…right?

        The solution is in dismantling the Federal Reserve, do you realize that?

    • Kilgore Trout

      And if you believed that statement – I have a bridge for sale. You “Free Marketeers” need to start smelling the coffee, if those regulations were not in place, we the the citizenry would be paying for the corporate welfare to re-mediate the true cost of producing whatever goods or services being produced. Those costs might not just be economic either – we could be paying with our health or worse yet, this country would be left with a populace who can no longer to consume the products being produced. So yes, lets make the long term plan – pennywise and dollar foolish – this is precisely the Republican Plan!

      • JIBBS

        With a statement like that, along with your obama loving friends, all I can say is….help Mr. Wizard !!

        • Kilgore Trout

          You’re right – just keep your head buried in the sand and a jar of KY next to you!

          • JIBBS

            lmao

          • Thamera

            Kilgore your post holds no merit whatsoever and your blind faith in govt. regulations is what is killing our country today! Long gone are the days of Upton Sinclair’s Jungle, child labor or unsafe and crowded factory working conditions which did need to be changed, no question there; however, the pendulum has swung so far in the other direction that all of the heavy handed regulations and taxes make it virtually impossible to do business and be competitive and while there are certainly unethical business practices carried out today, the govt has overstepped its bounds in a very ineffective attempt to offer solutions. Not only that, you post suggests that people don’t have a brain and consumers don’t have the “where-with-all” to make educated decisions without the oversight of the government. Maybe you find it difficult to conduct your life without the guidance of your government, but don’t project your inadequacies onto the rest of us :)

      • http://www.diyyardandhome.com Dan

        It’s not basic regulations, it’s over regulation like the stupid regulations to compensate the Global Warming MYTH. Just like the Red Dye myth, or the Synthetic Sweetener Myth or the DDT Myth.

        • Kilgore Trout

          The global warming “Myth” ??? The only reason this country is the only denier of this “myth” is because corporations would actually have to comply with what the rest of the world is already incorporating into their business model. How many more nuclear plants accidents or how many more oil spills will it take? As long as society as a whole pays – who cares – right?

          • http://?? Joe H.

            Mr, Trout,
            Please be so kind as to tell me how the government of China is conforming to the clean air policy??? Remember during the olympics, they had to stop all traffic, all manufacturing, and all open burning there for two weeks before the games in tha city so the atheletes could compete??? how is South America who is cutting rainforest by thousands of acres complying?? Go peddle your crap somewhere else!!!
            Oh, and by the way, it’s not ok for US to drill in the gulf but it’s ok for CHINA to drill?!?!?! We need to cut back on our drilling, but Brazil should be encouraged, even paid to drill???? Get real!!

          • JC

            Global warming was and is a huge scam designed to line the poockets of the Reverend Gore and company while giving Government another avenue of taxation and control. Absolute garbage!

          • TIME

            Joe,

            Its obvious that the trout is a MONKEY, thus its is not capable of thinking past that last moment of frontal lobe pleasure.

            There just is no deep brain tissue in MONKEYS.
            They can do simple minded tasks, thus expalining anything or even wanting a MONKEY to address an issue is kind of like talking with a box of rocks. Logic was never somthing MONKEYS picked up on.

          • Thamera

            Well said Joe et al., in response to Kilgore (hey kil gore – that’s kinda funny isn’t it? Kill Gore? hehe) Anyway, On a different forum I mentioned that Beijing is one of the most polluted cities on the globe and only getting worse and they have no plans to comply with any of the “greenie” PC garbage being espoused and forced upon Americans. They are in open defiance about even being involved with the so-called “green” movement and as I mentioned before, they laugh at us. I’m not saying that is right, but I am so sick and tired of the demonization of America by radicals like Kilgore while romanticizing the rest of the world…like China! hahahhaahahahhaha and ha.

      • ljjkj

        In case you forgot, with higher paying manufactoring jobs moving overseas, and only service related jobs left, we are already reaching a point where consumers are losing spending power and can’t afford many of the goods and services our parents and grandparents did.

        • 45caliber

          If you are working at a minimum paying job you can’t afford to go to a restaurant to eat – or anything else that provides a service. So there go the service jobs as well.

    • 45caliber

      Dan:

      I agree. The regulations are killing business. For a smaller company, just meeting the regulations can require more than half your workforce – when you want that work force to actually be making something to sell. I worked at a company that had 25 workers. I spent half my time either handling the reporting needed to satisfy the EPA or OSHA. It is almost impossible to start up a small business now due to the regulation requirements.

  • http://www.diyyardandhome.com Dan

    I forgot to add that the Federal Government did a great job killing the tobacco industry here in NC.

    • Kilgore Trout

      This is precisely my point – how many lives were destroyed and how much money has it cost the American people to keep big tobacco unregulated!

      • Conservative at Birth

        It cost jobs and taxed the poorest among us.

      • ljjkj

        It is nor unregulated. The regulation should come from the people who decided whether or not to buy or use a certain product not from some government flunky who thinks he knows what is best for me and will use the coercive power of government to implement his will. Such an attitude is imperial, and kings and dictators have imposed their will upon their people for thousands of years. The U.S.A is supposed to be different. From the beginning our attitude towards the government has been, that unless I bring harm to someone else, LEAVE ME THE HELL ALONE to live my life as I choose, not as you dictate.

      • TIME

        trout MONKEY, its not up to you to tell anyone what they can do or not do.
        Thats what FREEDOM is all about. I know thats beyond your simple little minds abilitys to grasp, as MONKEYS are not really bright and yet will follow KING MONKEYS with out question.

        I don’t smoke but if you want to; thats up to you not me to tell you that you can’t.

        • 45caliber

          I haven’t smoked in over 40 years. I quit because it was costing me too much. I can’t imagine paying to smoke today as I did then.

          But if someone wants to do that, it is fine with me. It’s his/her choice.

          • http://?? Joe H.

            45caliber,
            i know! I quit about 12 years ago when they were about 1.50 a pack and now they are about 5.25 a pack here now!!!

      • Thamera

        Ya Kilgore, like I mentioned above, you obviously don’t think that people have brains or can think for themselves. It’s not like the hazards of smoking haven’t been know for decades and decades. It doesn’t take a genius to figure that out. Problem is, people like you come along and make excuses for people’s poor choices by trying to place the consequences of their choices onto someone else. When you were a kid and would get in trouble was the first excuse out of your mouth “but they made me do it!” hahahhahhahhahhahahhahha and ha, again.

  • http://www.loringcorp.com Charles Wilson

    Good God Almighty! It DOES NOT matter WHAT PARTY THESE creeps pledge, it is the very core of the “creatures” who are sitting in Congress.. Iincompetent, NOT representing any of us, the people, but dedicated ONLY to building their own wealth, exercising CONTROL power over us, and leading us as a speeding bullet into a Military Industrial Dictatorship. Who are the Communist President’s “Advisors”. GE? Oh…. but, please, someone please enlighten me.. please.. how much in taxes has GE paid?????

  • Norm B.

    Cheap wages, corporate taxes, outrageous regulations and huge tax evasion measures for corporations to relocate overseas, are all reasons for American businesses moving their operations offshore.
    In short, government,in one way or another, has been responsible for the vast majority of our corporations leaving this country! If government would have been more mindful of what they were doing, much of this B.S. could have been avoided!

    • Jovianus

      Norm…since the ‘highest corproate tax’ in the world is a myth…and real taxes paid are amongst the lowest of the top 50 economies (49th) … just how much lower does it have to be for people to quit yapping about the myth of being overtaxed?

      Since there aren’t many who scream about European companies leaving Europe…perhaps we should copy their corporate tax system and we’d all be fine. Oh wait … ya think maybe the “high corporate taxes’ is a myth and lie? Nawwww…

      • Kilgore Trout

        I think the real reason corporations are complaining about regulations is because of the money they need to spend for lobbyists to circumvent the original intent of the regulation.

      • JC

        Jovianus says:
        April 21, 2011 at 8:10 am
        Norm…since the ‘highest corproate tax’ in the world is a myth…and real taxes paid are amongst the lowest of the top 50 economies (49th) … just how much lower does it have to be for people to quit yapping about the myth of being overtaxed?
        —————————————————————–

        Whether you are right or not is irrelevant. What is relevant is that taxation is rampant enought to drive job producing companies away.
        The idea that somehow these companies “owe” the Federal Government money to support completely irresponsible spending policies is ridiculous in and of itself.

      • http://?? Joe H.

        Jovi,
        Check out the Tax rate in Ireland and their expansion rate.

        • JC

          The Republic of Ireland is seeing about 4000 people per month emmigrating out of the country.

          • http://?? Joe H.

            JC,
            And why????

      • 45caliber

        Jovi:

        People will quit doing most of the griping about high taxes when we learn that they aren’t wasting most of it. Take Oblama for instance. Why should we taxpayers be hit with the bills for his monthly parties (with high priced entertainers) or his world trips? Why should we be paying $150 for a toliet seat I can buy from Wal-mart for $10? Why should I be supporting some beaurocrat’s drinking habits? I doubt if I would miss 90% of what they are spending out money on now if they didn’t spend it.

        I will admit we must pay taxes for things we need, such as military, but foreign aid? Why should we be spending money in a vain attempt to buy friendship?

        • Jovianus

          45…what does Obama do that wasn’t performed as much by Reagan on forward? I lived in DC during the Reagan years, and the man spent money like it was water flowing over a dam.

          He raised taxed, gov’t grew leaps and bounds and he let the wealthy and entrenched Corporate interests take more power. His reign was the beginning of the greatest transfer of wealth we have ever seen in our history, from the Middle Class to the wealthy. And that resditribution of wealth continues…

          Look at whatn this country was pre reagn, and look at what it has become. With most of those years under GOP administration and most of the policies having a “conservative agenda”.

          So don’t go saying “conservative principles’ are the way to go….we’ve done that alomost uninterrupted for 30 years now…and the only time Middle America came out the better these past 30 years was during the Clinton years.

          • 45caliber

            I’m sorry, I can’t answer you now. I’m too busy laughing at your aclaim for Clinton ….

          • Ruby

            Since you’re such a student of Reagan and his policies, you should KNOW that our country’s successes during the Clinton years were due to “Reagan”omics.

          • Thamera

            Remember the pre-Reagan years you muse…You mean when their were long lines at the gas station and interest had climbed over 20% in many cases, and homes were being foreclosed on right and left? Those years Jovi? I can see why you support Obama he is heading us right back there!

  • http://www.loringcorp.com Charles Wilson

    MY LAST comment was aimed at Jovianus.. a Obama communist sympathizer, anti-American, and a fool.

    • JIBBS

      That she is, I think she might be on the welfare dole. It’s preety clear she doe’s zero research, and trusts the government.

      • JIBBS

        err, pretty clear.

    • Jovianus

      Well CW…given you’ve proven yourself to be irrational, unable to put together a sane reasoned thought, and believe lies told to you by your Masters…I’d say that’s a compliment.

      I have to laugh at many on this board. Here’s the facts, here’s the historical data, here are the options…and it’s all ignored for some lie or irrational position. Or… it’s cloaked as an economic issue when it’s plain as day it’s about shoving some religious theology or anti freedonm measure onto the majority.

      • JC

        Only in your mind…

      • http://?? Joe H.

        Jovi,
        you know, you are almost completely like a blue fly. you eat and spew $hit and bother people!!! just as worthless as well!!

      • Cawmun Cents

        Who do you obtain facts from?People who are paid to release them by their masters?Facts can be manufactered.Truth cannot.A fact is usually a statement backed by by someone with an agenda.You can always find a group of folks who will support a fact,and a group that will deny it.The truth however is extant.That is why when you state facts you are in error.You are only as credible as your sources.Many sources are indeed credible,and many more are not.Never let facts supplant the truth,as you will receive argument from those who actually perceive the truth.Fact is not always easy to come by through academic sources,because it is often and easily refutable if one carries the involved fallacies to their logical conclusion.Any fact can be debated.The truth however is extant.It is not in how a fact is perceived,or a particular view is arrived at,or which side of the coin you fall on.It(truth)merely is.So quote your observed “facts” if you will,but let us all be dilligent to discover the truth.Facts will be proved and disproved.In the end the truth is all that will matter.

        • 45caliber

          Even so, most “facts” put out by people are actually opinions. And opinions are free – and basically meaningless.

      • Thamera

        Jovi, you just get more and more entertaining. What is it? Are you upset that the majority of Americans don’t support the liberal agenda, of what, same sex marriage or something?

  • Conservative at Birth

    what I would like to know, is who exactly put these regulations into place?

    • http://www.diyyardandhome.com Dan

      Our Congress with their vague regulations that empowers the Agencies responsible for writing their own rules and regulations.

      • 45caliber

        In fact, Congress deliberately does that. Then they can say, “But that isn’t what I wanted when I voted for that bill…”

  • http://n.cates@cox.net Norman F.

    1947 Overseas reconstruction; 1951 Overseas Private Investment Corporation (set up by Congress); circa 1960s Carribean Initiative (moved most of our fabric industry out of the country- later expanded to Central America); 1970s 1980s China, Taiwan, and South Korea export/import agreements; 1990s NAFTA, and in the future South and Central America, and who knows what our Government will do to us next. Note that NONE of these agreements put US production and jobs first.
    The only one that could be justified was the Marshall Plan to rebuild the countries destroyed in WWII and that backfired because those countries got new, state-of-the-art manufacturing facilities while ours were up to fifty years old. It did away with our leadership in the steel industry.

    • 45caliber

      We had a steel industry up until the 70s. Then they passed a number of regulations that basically shut down our steel industry. The company I worked for then had a lot of trouble finding a new company to do our steel castings due to that problem.

  • http://com i41

    Regulations are a simple way to get tax revenue by small costs of ermitting and inspections. Go try and start a simple business and start first with the bs of permitting in the city, country, state, and then add all the crap coming from the feds. Before ever hiring someone. putting up a building, or making a widget. It is a mind set of all dumbocrap party slubs. Just go and see what worthless do nothing serve on these councils, panels, and agncies involved in the approval process and permitting. To even go and process feed for livestock, the permitts are duplicatus and redundant for any place you go down to the taxes each town, county, state, gets and needs to be remitted every quarter if lucky. There is over 3000 new regs that the dems have coming down the pipeline to stifle businesses and private enterprise. That is why all regresive depressive dumbocraps want total government control down to what you eat and wear.

    • 45caliber

      I agree about the regs. I had to find a site and see about establishing a branch of a business here in Texas several years ago. We spent nearly nine months before we did a bit of work on the plant just satisfying government regulations. And they all cost money as well. In Texas, it is illegal to even start work on a plant until you get all the paperwork in line. If you do, it is a $10,000 a day fine.

  • Raggs

    You gotta remember this is all of obamas plan to redistribute the wealth… Naturally he and soros have “investments” in all overseas companies while the US implodes…

    • JC

      Damned Straight! They are parsites and criminals.

    • Jovianus

      Hmmm…Raggs, as compared to the GOp Redistribution of Wealth Plan?

      • JC

        Jovianus says:
        April 21, 2011 at 11:11 am
        Hmmm…Raggs, as compared to the GOp Redistribution of Wealth Plan?

        ————————————————————-

        Do you wear a sign that says I’m an idiot?
        I noticed you ignore the FACT…every time that it is BOTH sides.
        Blaming the right is just another liberal parrot living in denial.
        It’s all you’ve got.

        • Jovianus

          JC…what a great idea! I’ll have one made up immediately. “JC is an idiot!” Should i have put on it per your self admission?

          If you’ll notice, there are a few times I mention the Left…but face it, it’s the Conservative and wacked TP crowd who insist on ripping apart most of what has made this country great..for the benefit of a very few and to the deteriment of the many. And we can always look at history. From reagan on, the issues we have to deal with today have been sourced from so-called ‘conservative” policies.

          You want to talk about redistribution of wealth? Since Reagan onward, with the exception of Clinton and Obama…the massive amount of redistrubition that has gone from the Middle Class to the wealthy and powerful corporate interests is staggering.

          • Raggs

            Idiot… NAFTA was clintons doing!

          • JC

            Proof positive that liberals are at best unreasonable and more often than not insane. You stiil refuse to face any kind of truth, holding your liberal heros up as God’s of enlightenment and Conservatives as evil incarnate.
            You’re wrong on both assumptions and your head is buried firmly in the sand as to the real issues…but I digress.

            There is nothing left to talk about, only battle lines to draw.

            Keep waving your hopey changey button libtard…we’re going to be looking for you.

          • Thamera

            What is clear is that Jovi has never tried to start up or run a business and I love the constant musing of the pre-Reagan Era. Thank God for Ronald Reagan and may he rest in peace. Even though you do not agree with him politically you cannot say that he was not a true statesman with America’s best interest at heart. That man had integrity, something severely lacking in our present POTUS!

          • Thamera

            Post Script: “with the exception of Clinton and Obama” writes Jovi…excuse me? What was this latest bailout all about then Jovi? You know, the so-called “stimulus” package that bailed out GE, the banks, and insurance giant AIG just to name a few? You know the “stimulus” that was going to save jobs, end the recession, improve the economy but left us with higher unemployment, a drowning housing market and most recently an increase in consumer goods as we can look forward to inflation if not stagflation, IF you even know what that is! Not to mention a three-fold increase in our deficit!

          • JC

            Thamera…not to mention also that Obama’s spending spree is greater than that of all other President’s “combined” sinse the US became a nation.

    • 45caliber

      Raggs:

      I’ve heard that Oblama has over a billion in overseas businesses now. Much of it is due to the “gratitude” of businesses like the Brazilian oil company that was given billions of our dollars to develop their oil which Oblama promised to buy from them. They are simply giving him stock in gratitude for his help in getting the money… And none is declared on his income taxes.

      • Raggs

        Yup that is what the word is, seems like there should be some sort of law violation here?… Think of it like this…
        If obama can use OUR money to “invest” in another country at no cost to himself and he gets a huge profit from it I don’t see how this would not be illegal.

        • 45caliber

          If I remember correctly, there is a law that states that a President or his wife can accept only items of a minimum value to keep. Everything else must be turned over the to government. I know that at least one First Lady was given some humongous piece of jewelry and did just that. In fact, all departing Presidents and First Ladies did this with the exception of Bill and Hillary. Instead they took everything that wasn’t bolted down and had a 24 hour guard.

          • Raggs

            A racket is an illegal business, usually run as part of organized crime. Engaging in a racket is called racketeering.

            Several forms of racket exist. The best-known is the protection racket, in which criminals demand money from businesses in exchange for the service of “protection” against crimes that the racketeers themselves instigate if unpaid (see extortion). A second well known example is the numbers racket, a form of illegal lottery.

            Traditionally, the word racket is used to describe a business (or syndicate) that is based on the example of the protection racket and indicates a belief that it is engaged in the sale of a solution to a problem that the institution itself creates or perpetuates, with the specific intent to engender continual patronage. One example is computer spyware that pretends to be detecting infections and offers to download a cleaning utility for a fee, being itself distributed by the maker of the cleaning utility.

            In the example of a protection racket, the racketeer informs a store-owner that a substantial monthly fee will be required in exchange for protection. The concurrent “protection” provided takes the form of the absence of damage inflicted upon the store or its employees by the racket itself.

            The term “racketeering” was coined by the Employers’ Association of Chicago in June 1927 in a statement about the influence of organized crime in the Teamsters union.[1]

            Prehaps this is close to what he is doing?

          • Raggs

            a solution to a problem that the institution itself creates or perpetuates, with the specific intent to engender continual patronage.

            This is where I find the issue… It is no lie that obama HATES the US industries / capitolism and he does everything in his power to smash it… All the while making investments oversea’s to cushion himself.

  • http://www.diyyardandhome.com Dan

    If anyone doesn’t understand the issue about the government ruining businesses with their stupidity should read: http://hotair.com/archives/2011/04/21/nlrb-dictates-boeing-operational-plans/

    • JIBBS

      Thanks for the link, more people need to understand these things, most will not. They would rather feed at the poison trough, and take their orders from the elite. They would rather be slaves and take the hand outs.

  • Bob

    Japan is lowering its corporate tax rate. We will then have the highest corporate tax rate in the world. With the highest tax rate and massive regulations, what is the price of goods and services made in America? Right, the highest in the world. How can we sell anything to the rest of the world?

    • 45caliber

      Bob:

      “But if we sell to the rest of the world it will prevent the rest of the world from becoming industrialized. We need to help them get their own industry going by buying from them instead.” I’ve heard that comment from libs many times. Right now we buy far more than we well overseas. That means we have money leaving the country but not coming in to replace the wealth we spend. But we are “helping” the other countries!

  • Norman Taber

    ‘KNOW NOTHING’ COMPROMISES LEAD TO FURTHER DEFICITS
    A BIG DEAL IS WHEN THE VOTERS VOTE FOR UPPER CLASS REPRESENTATIVES THAT NEVER HAD TO WORK AN EIGHT HOUR MANUAL DAY AND DO NOT KNOW ACCOUNTING OR FINANCE. A TOP ADMINISTRATIVE JOB IS GIVEN TO THOSE THAT HAVE MONEY AND DO NOT CONSIDER THE WORKERS THAT CREATED THE COMPANIES PROFITS. WE HAD TO LISTEN TO DUMB CANDIDATES THAT HAVE NOT HAD TO WORK FOR A LIVING OR HAD ANY IDEA OF HOW A GOVERNMENT FUNCTIONS. BIG BUSINESS SENT JOBS OVERSEAS AND HIRE FOREIGN WORKERS THAT KNOW NO MORE THAN AMERICANS AND PAID FOR 40 HOURS WORK FOR WORKING 60 HOURS, THUS CHEATING THEM. THE MANAGEMENTS PLAY WITH THE ACCOUNTING TO AVOID PAYING TAXES IN THE UNITED STATES AND TAKING FIXED ASSET CREDITS FOR MACHINES USED OVERSEAS. THE CPA FIRMS EARN SERVICE FEES BY SHOWING THE CORPORATIONS HOW TO AVOID TAXES AND TO CONTINUE THEIR OVERSEAS PRODUCTION WITH REDUCED EARNINGS BY THE POOR TO BUY THEIR IMPORTED PRODUCTS. REPEAL THE DECEMBER TAX COMPROMISES THAT DID NOT CONSIDER THE WAGE EARNERS THAT WERE CHEATED BY UPPER CLASS MANAGEMENT THAT USED SAP OR PEOPLE SOFT TO REDUCE COST WITHOUT CONSIDERING THE LOSS OF PURCHASING POWER OF THE LOWER CLASS. THE PROPOSALS GIVEN NOW WILL ONLY PROLONG THE SITUATION OF THE POOR AND NOT PROVIDE FOR THE NEEDED IMPROVEMENTS IN SUPER STRUCTURE. THIS IS WHAT RONALD REAGAN DID TO CALIFORNIA IN STOPPING THE EAST SIDE CANAL TO PROVIDE WATER FOR AGRICULTURE AND IN STOPPING THE NEEDED HIGHWAY UPGRADES THAT CAN NOT BE DONE NOW. INCREASE THE SOCIAL SECURITY FOUR PERCENT OF WAGES TO $1 MILLION DOLLARS TO REPAY THE POOR FOR THE ABUSE OF THE WEALTHY MANAGERS. RESTRICT THE PHONY HIGH EARNINGS OF TOP MANAGEMENT AS IT IS DONE IN EUROPE. NO ONE IS WORTH MORE THAN $1 MILLION A MONTH IS SALARY, ESPECIALLY WITH THEIR LIFE STYLE BEING PAID FOR BY THE ORGANIZATION. BANKS AND BROKERAGES PAY 5 CENTS A THOUSAND FOR THE SAVINGS OF THE POOR WHILE THE BANKS CHARGE $35 PER OVERDRAFT CHECK. THIS IS A REAL EYE OPENER FOR NOT JUST FOR THE POOR

  • BarleyWheets

    GET RID of FREE Trade.. GEEZ .. stop making it more profitable for all these companes to relocate to a different country produce the product and ship it back to us. Making it more profitable to stay here IN the USA or move back to the USA. Common Sense!!

    • Raggs

      That only happens if you are GE…. remember huge profits and no income taxes..

  • nio

    End the FED!

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