High Tech Research from U.S. Going to China
OPS_admin | Mar 21, 2010 | Comments 0
American companies have been trying, and failing, to compete against state-subsidized companies all around the world. No company or industry can stand against the national champions of Europe and Asia.
American companies have been trying, and failing, to compete against state-subsidized companies all around the world. No company or industry can stand against the national champions of Europe and Asia. They often face only two possible choices; American companies can either be put out of business, or they can relocate to compete.
Increasingly, according to The New York Times, those relocations are ending up in China.
China offers a wealth of opportunities for productive industries. It has 1.4 billion consumers who have more collective purchasing power with each passing day. It has a government willing, and able, to pay a premium in exchange for new facilities. More importantly, China has almost no worker protections, wage standards, or environmental regulations.
When faced with the possibility of paying an American $20 per hour to do a job cleanly and safely, or paying a Chinese worker a fraction of that cost with no other cost considerations, a firm would be foolish to stay here.
Full Story: High Tech Research from U.S. Going to China | Economy In Crisis.
OPS: When it comes to high-tech RESEARCH is the future. The future of the US is being sold out
Filed Under: Science & Technology
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The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
LEGALIZE Democracy
" We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. __________
MOVE to AMEND
a project of the CAMPAIGN TO LEGALIZE Democracy
Help end Corporate personhood
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The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. 
