Comments

1
"That's terrible! But c'mon, guys, why aren't we talking about Obama's record instead? :( :( :("
2
it's like they put them back in chains.
3
@We are! But it's important to be on the offensive as well. You can't spend all day talking about Obama and not even mention Romney. If you want a contrast, here's one. While Romney was/is profiting off of outsourcing, Obama went out on a limb to protect the auto industry in the US. The group of companies that Romney, with his Bain Capital experience, wanted to go bankrupt. Obama believes in the American worker, Romney believes in the worker you can pay the least and give the least benefits to.
4
It's not that much, really.

Standard Chartered is making a profit of $250 billion with a minor transaction fee of $340 million in fines off of Iranian money laundering, with no jail time and record exec bonuses. that's about 200 times what you can make on a Greek treasury at 4 percent.

But Ryan would have Mitt pay less than 1 percent tax on that profit.

As if Mitt would actually pay taxes - we know he doesn't. That's for You People.
5

So why isn't Obama doing anything about this?
6
Will the unemployed Sensata workers get Medicare and Medicaid under the Ryan-Rmoney plan?
7
@5 Typical GOP blather. We ruin people's lives, so it's all the Dems' fault for not doing anything about it.

Fuck you.
8
@5 nice --- folks can yell "socialism" and complain that he's impeding the free market...
9
What is 5 even trying to say? "Don't vote for Obama because he isn't doing enough to pick up the sh*t my candidate has flung everywhere?"

Very bizarre campaign tactic.
10
#6, 8

The point being that this is not something that anyone can easily "do something" about.

Short of each of you voluntarily reaching into your wallets and wanting to pay twice the amount needed to fix the water pump on your car.

OH! Wait a minute!

You guys HATE CARS! You all ride Gondolas like the song says and now, all of sudden, you're shedding crocodile tears about people who only yesterday, you were blaming for the all sprawl and how you would take away everyone's cars and put them into $2500 a month, 550x450' apodments.

But please, whine on, O Hypocrites of Seattle!

Tell us how much you like the workers who build your auto parts!
11
Now, let's be fair: They never claimed to be domestic job creators.
12
@10,
Obama has suggested a bill that would give tax breaks to companies that move back to the U.S. from elsewhere and would penalize those that move out.

The republicans, of course, are opposed to it. Why? Because it's Obama's idea and they are opposed to everything Obama does. If he cured cancer, they'd criticize him for taking away cancer research jobs.
13
Wow, I think we all just saw the very essence of today’s GOP @5 and @10. Cognitive Dissonance MUCH? Try taking some deep breaths srotu. It might help.
14
@12,

That's hardly the only reason. They oppose it because they want American companies to benefit from cheap foreign labor *and* U.S. government subsidies/tax breaks. That they can foil Obama's policies yet again is just icing on the cake.
15
@7, 8, 9; #5 is a dumb guy. You should ignore him unless you are insulting him.
16
It's not just factory folk either. My friend trained the guys from India who were taking over his white collar job. (He was able to move to a different vacancy in the company, but the net was more jobs in India, fewer in the US.) And his company is owned by St. Warren Buffet.
17
#14

It's not just "companies" who benefit, but People.

While it sounds rather NeoCon, in many aspects of American life, the cost of living has radically declined due to being able to move manufacturing to the cheapest providers.

A person shopping at Wal*Mart can outfit his entire house for $2000 or $3000 and an entire wardrobe for $1000...easily attainable from a minimum wage job. I contrast this from when I was growing up and my mother would shed tears if I scraped my pants and caused a hole because she would not be able to replace them for months...and at the same time never wanted to use patches because they looked "poor". So she would keep stitching up the knees until the front of my cuffs were pulled up to my shins practically!

Well, sob stories aside, the real hardships on Americans has not been manufacturing goods or jobs...it's been the very real superinflation of housing prices since the 1970s. That more than anything has done the middle class in. And whose fault was that again?
18
Obligatory:

http://en.wikipedia.org/wiki/Comparative…

tl;dr This is good for China and good for America. If it weren't, the outsourcing wouldn't have occurred in the first place.
19
@SROTU,
This company was profitable, and employed workers who supported their families and community. But it was apparently worth more dead than alive: by stripping it bare and having the equipment operated by indentured labor in China, what was a profitable operation becomes, at least on paper, even more profitable. So Bain did exactly that, destroyed a going concern and hundred of American families in order to extract a bit of extra money. Some of that blood money is going to Rmoney, who is presumably cool with it.
20
@18, @17 - and it is because of this kind of attitude that your pathetic candidate will lose in a little more than two months.

But then, I'm rapidly coming to the conclusion that @17 might actually be a stroke victim and the loss of blood to his brain has caused some nasty behavioral side effects. I'm not one to pick on the disabled.

@18 - you sound like a beer-retarded Sophomore at a State college. Grow the fuck up. Comparative advantage has absolutely been debunked in real world analysis. Free trade has been the worst thing to happen to the American economy in a century. Fewer, more rich people does not equal a healthy economy.
21
I often wonder why people even agree to train their replacements in that situation. Why not go on strike, walk off the job, or deliberately train the new guy wrong?
22
@21 When you're staring at no job prospects and a mortgage, that last paycheck cannot be turned away.
The real solution is to embezzle, but that only works before Bain shows up and clears out the coffers.
23
In addition to what 22 said, there is usually a severance tied to your training them.
24
How dare you imply that Romney bears any responsibility for what Bain are doing just because he holds massive shares in the firm. Republicans believe in PERSONAL RESPONSIBILITY, and with regard to the firings, the person responsible these therefor is Bain Capital, my friend.

(Seriously, whether it's a tobacco executive's paying a marketeer or advertiser N million dollars that M thousand more people will smoke, a polluter's looting our common wealth by despoilage, or any executive's o.k.ing lay-offs that the shares price might rise for a few cents for the week she sells-out, modern conservatives seem to have no idea that personal responsibility really exists for the powerful---it is reserved for the poor and the broken who make bad decisions out of both stupidity and the effects of being poor and broken. But then again, kicking those who are already down is perhaps a great example of the efficiency of the society for which they wish/

What more wide-spread removal of personal responsibility is there than the limited liability the State gives shares-holders?)
25

This story takes place in America...but it's being reported on a British website!

Talk about outsourcing...couldn't an American blog have done the job better?

26
@25:

They're too busy training their Chinese replacements, Bailo.
27
@20 Unfortunately the vast majority of economists disagree with your assertion, assuming that by real world you mean actual models using actual numbers (if you just mean people that are mad that math is hard, then perhaps you might be correct).

For example:

http://krugman.blogs.nytimes.com/2009/11…

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