http://johnbutler.livejournal.com/ ([identity profile] johnbutler.livejournal.com) wrote in [personal profile] funeralcrasher 2009-01-17 06:12 pm (UTC)

Where did I say corporations are altruistic?! They're not altruistic; they're in it for a profit, as are the humans running them. If they don't make a profit, they have no incentive to continue operations. They would shut down and get into some other business.

If they aren't taxed yet still keep their prices up, customers will go to their competitors who can sell a similar product for less money.

Really, this is Econ 101.

As for offshore labor, offshore headquarters, you have minimum wages and environmental laws and tax laws to thank. You can't tariff your way out of importing from China when you depend on China to buy all your Treasury bills to pay for all the bloated pork that your Democrats vote to spend their deficit on. They've controlled Congress for two years and are back to record deficits.

I don't find the TARP "excusable;" as you know good and well, I am against that bailout, as are most of the Republicans in Congress (aside from a few traitors.) The Democrats you voted for, on the other hand, are all for it; otherwise it would not have passed. News Flash: your people are the majority. You voted for them.

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