The Age of Corporate Treason

JoeNormal

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Jun 9, 2012
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Some of you on this forum might have to choose between your two passions - patriotism and capitalism - after reading this excellent article by Ralph Nader.

Why are big, global U.S. corporations so unpatriotic? After all, they were created in the U.S.A., rose to immense profit because of the toil of American workers, are bailed out by American taxpayers whenever they’re in trouble, and are safeguarded abroad by the U.S. military.

Yet these corporate goliaths work their tax lawyers overtime to escape U.S. taxes. Many pay less than you do in federal income taxes. Imagine corporations, like General Electric, have not paid federal income taxes on U.S. profits for years.

The Age of Corporate Treason » Counterpunch: Tells the Facts, Names the Names
 
Some of you on this forum might have to choose between your two passions - patriotism and capitalism - after reading this excellent article by Ralph Nader.

Why are big, global U.S. corporations so unpatriotic? After all, they were created in the U.S.A., rose to immense profit because of the toil of American workers, are bailed out by American taxpayers whenever they’re in trouble, and are safeguarded abroad by the U.S. military.

Yet these corporate goliaths work their tax lawyers overtime to escape U.S. taxes. Many pay less than you do in federal income taxes. Imagine corporations, like General Electric, have not paid federal income taxes on U.S. profits for years.

The Age of Corporate Treason » Counterpunch: Tells the Facts, Names the Names

Never sure or could understand why the left brings up GE to make a point?
 
Being created in the U.S. is merely a fact of geography, and has no meaning; they "rose to immense profit" because they provided a good or service to consumers better, or at least as good, as their competitors, not merely because of their workforce; bailouts are evidence of corporatism, not capitalism; and the U.S. military protects the state's interests, and only the state's interests.
 
Corporations are not "patriotic". People are patriotic. Corporations are vehicles for making money for their owners. Nothing more than that.
And it is the Left that seeks to bail out failures of corporations. The conservative free traders want them to go through bankruptcy.
 
These are some valid points but it calls into question, the size of projects that can be pulled off. The pure brand of capitalism in which a miscalculation results in bankruptcy would preclude the creation of anything as complex as an MRI, or jet fighter, or commercial jet, or mega-ship... And without the initial government sponsored R&D efforts, the basic technologies for these things wouldn't exist anyway.
 
When the taxes get so large they are confiscatory and harmful, it is not treason to oppose them or avoid them.

At one time it was treason to deny the King first night rights in a marriage.
 
When the taxes get so large they are confiscatory and harmful, it is not treason to oppose them or avoid them.

At one time it was treason to deny the King first night rights in a marriage.


OMG, don't go reminding the liberals of that. Some of them will be in a tizzy just thinking.................what if........
 
When the taxes get so large they are confiscatory and harmful, it is not treason to oppose them or avoid them.

At one time it was treason to deny the King first night rights in a marriage.

Taxes aside, you don't think that American corporations have an obligation to keep their workforce in America?
 
These are some valid points but it calls into question, the size of projects that can be pulled off. The pure brand of capitalism in which a miscalculation results in bankruptcy would preclude the creation of anything as complex as an MRI, or jet fighter, or commercial jet, or mega-ship... And without the initial government sponsored R&D efforts, the basic technologies for these things wouldn't exist anyway.

Pure conjecture.
 
These are some valid points but it calls into question, the size of projects that can be pulled off. The pure brand of capitalism in which a miscalculation results in bankruptcy would preclude the creation of anything as complex as an MRI, or jet fighter, or commercial jet, or mega-ship... And without the initial government sponsored R&D efforts, the basic technologies for these things wouldn't exist anyway.

Pure conjecture.

Based on almost a quarter century of engineering experience.
 
When the taxes get so large they are confiscatory and harmful, it is not treason to oppose them or avoid them.

At one time it was treason to deny the King first night rights in a marriage.

Taxes aside, you don't think that American corporations have an obligation to keep their workforce in America?

The only obligation any corporation has is to its customers, geography notwithstanding.
 
These are some valid points but it calls into question, the size of projects that can be pulled off. The pure brand of capitalism in which a miscalculation results in bankruptcy would preclude the creation of anything as complex as an MRI, or jet fighter, or commercial jet, or mega-ship... And without the initial government sponsored R&D efforts, the basic technologies for these things wouldn't exist anyway.

Pure conjecture.

Based on almost a quarter century of engineering experience.

So you say. Regardless, engineering experience does not make one an expert on economics, nor an authority on situations that never occurred.
 
When the taxes get so large they are confiscatory and harmful, it is not treason to oppose them or avoid them.

At one time it was treason to deny the King first night rights in a marriage.

Taxes aside, you don't think that American corporations have an obligation to keep their workforce in America?

The only obligation any corporation has is to its customers, geography notwithstanding.

You see no value in patriotism?
 
When the taxes get so large they are confiscatory and harmful, it is not treason to oppose them or avoid them.

At one time it was treason to deny the King first night rights in a marriage.

Taxes aside, you don't think that American corporations have an obligation to keep their workforce in America?

No. Of course they don't. Does Toyota have an obligation to Japan to close it's plants in the US and move them back to Japan?

Corporations follow the same social dynamic as people do. Be nice to them, treat them well and they will stay. Fight with them, obstruct their industry and they will leave.

This should not be a mystery nor a subject for discussion. It's too cut and dried. In addition to taxes, companies must deal with minute and trivial regulations, union demands, endless fabricated lawsuits. They get sick of being mistreated and go where they are appreciated.

Here's your question. Does America have an obligation to American corporations to value the jobs they provide? Or, are those jobs some matter of right belonging to Americans no matter how abysmally they behave?
 
Corporations are not "patriotic". People are patriotic. Corporations are vehicles for making money for their owners. Nothing more than that.
And it is the Left that seeks to bail out failures of corporations. The conservative free traders want them to go through bankruptcy.

Corporations are people my friend.
 
Taxes aside, you don't think that American corporations have an obligation to keep their workforce in America?

The only obligation any corporation has is to its customers, geography notwithstanding.

You see no value in patriotism?

Patriotism to WHAT? To a country that takes it as an obligation to destroy them? To happily participate in their own destruction as evidence of patriotism. That's the Jim Jones school of patriotism. If you believe, you will die for me.
 
The only obligation any corporation has is to its customers, geography notwithstanding.

You see no value in patriotism?

Patriotism to WHAT? To a country that takes it as an obligation to destroy them? To happily participate in their own destruction as evidence of patriotism. That's the Jim Jones school of patriotism. If you believe, you will die for me.

Companies with any decent level of technology owe a debt of gratitude to the country that sponsored the basic research to make it happen. Corporations have never thought decades ahead. These days, they think somewhere between the next fiscal quarter and the next fiscal year.
 
When the taxes get so large they are confiscatory and harmful, it is not treason to oppose them or avoid them.

At one time it was treason to deny the King first night rights in a marriage.

Taxes aside, you don't think that American corporations have an obligation to keep their workforce in America?

No. Of course they don't. Does Toyota have an obligation to Japan to close it's plants in the US and move them back to Japan?

Corporations follow the same social dynamic as people do. Be nice to them, treat them well and they will stay. Fight with them, obstruct their industry and they will leave.

This should not be a mystery nor a subject for discussion. It's too cut and dried. In addition to taxes, companies must deal with minute and trivial regulations, union demands, endless fabricated lawsuits. They get sick of being mistreated and go where they are appreciated.

Here's your question. Does America have an obligation to American corporations to value the jobs they provide? Or, are those jobs some matter of right belonging to Americans no matter how abysmally they behave?

Yeah, I think it's a two way street. I thought that unions probably had too much power in the 70's. However, the pendulum has swung way too far in the other direction and now corporations treat their employees as disposable garbage.
 

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