General Discussion

HughBeaumont

(24,461 posts)

8. I vote "deliberately obtuse"!

Wed Jul 11, 2012, 01:44 PM

Jul 2012

Parked/uncirculated money = holding the economy hostage = holding American progress hostage.

Also, The Owners, Inc. can stop pretending to be "offended" at President Obama's supposed unfriendliness to Big Business . . . only the biggest slobbering, Kool-aid drinking jackhole buys that line.

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If corporations are engaging in a "capital strike" [View all] Zalatix Jul 2012 OP

good luck getting it past the house leftyohiolib Jul 2012 #1

Who says they are engaging in a capital strike? nt hack89 Jul 2012 #2

They Do, Sir The Magistrate Jul 2012 #3

That cash is invested hack89 Jul 2012 #5

Not Really, Sir The Magistrate Jul 2012 #6

So where should they be investing hack89 Jul 2012 #7

I vote raising a valid point badtoworse Jul 2012 #11

Sometimes the board of directors would rather make no investment if that means the least loss. Selatius Jul 2012 #47

I vote "deliberately obtuse"! HughBeaumont Jul 2012 #8

What exactly should they be investing in? hack89 Jul 2012 #12

You're missing the point badtoworse Jul 2012 #13

Sociopathy is written into most corporate charters. Zalatix Jul 2012 #29

How so? badtoworse Jul 2012 #32

This link describes it as well as I could. Zalatix Jul 2012 #33

A slanted, broad brush generalization and basically, a crock of shit badtoworse Jul 2012 #37

With all due respect, pish tosh. Zalatix Jul 2012 #61

What makes you an expert? badtoworse Jul 2012 #77

And your way DOESN'T WORK and ISN'T WORKING. Greed is failing America. HughBeaumont Jul 2012 #14

Costco? A non-union corporation with $4 billion in cash reserves hack89 Jul 2012 #17

they should be using part of that capital to hire people and give back to the community librechik Jul 2012 #16

What about shareholder value and stock value? hack89 Jul 2012 #19

Hire just for the sake of hiring? hack89 Jul 2012 #20

Lots of companies are refusing to hire workers and instead working their existing forces harder. Zalatix Jul 2012 #18

This is common in a recovery hack89 Jul 2012 #21

Yes and no. Zalatix Jul 2012 #22

Part of the issue is that the US manufacturing economy has fundamentally and permanently changed hack89 Jul 2012 #23

Not true. We can use tariffs to bring back low-tech manufacturing. Zalatix Jul 2012 #24

If we were completely self sufficient in all necessary raw materials and components, maybe. hack89 Jul 2012 #25

Okay, so if the tariff us, they lose. Zalatix Jul 2012 #27

So the answer is to further impoverish the 3rd world? hack89 Jul 2012 #30

Better than they keep impoverishing us. Zalatix Jul 2012 #31

I have not seen such a continuous string of Chicago School-influenced Lydia Leftcoast Jul 2012 #34

No, we will lose too. Sen. Walter Sobchak Jul 2012 #35

We're losing already. Jobless Americans don't buy iPads. Zalatix Jul 2012 #36

Please explain the next step after imposing punitive tariffs. Sen. Walter Sobchak Jul 2012 #40

Two words to answer all of that: rising wages. Zalatix Jul 2012 #42

Because... Scrooge McDuck is going to throw open the doors to the money bin? Sen. Walter Sobchak Jul 2012 #44

Scrooge McDuck could just get the fuck out and move to China, renounce his citizenship. Zalatix Jul 2012 #45

China is more than compliant with their WTO tariff reduction obligations Sen. Walter Sobchak Jul 2012 #46

Too fucking little, too fucking late. Zalatix Jul 2012 #49

Perhaps you could identify these goods (preferably by HTS code) Sen. Walter Sobchak Jul 2012 #52

So your whole point is "if we hire Americans, we create severe inflationary madness". Zalatix Jul 2012 #54

No... sweeping tariffs are inflationary Sen. Walter Sobchak Jul 2012 #55

Wow, you just keep repeating the same errors and half-truths repeatedly. Zalatix Jul 2012 #56

So the greatest period of growth for the Chinese middle class was prior to 1997? Sen. Walter Sobchak Jul 2012 #62

No, I said that China's growth started prior to 1997. Zalatix Jul 2012 #64

These tariffs are political theater on both sides Sen. Walter Sobchak Jul 2012 #66

No, you don't know Americans very well. Zalatix Jul 2012 #67

I love DU... but... Sen. Walter Sobchak Jul 2012 #68

LOL, denial is your friend. You don't meet many friends of offshoring in real life, either. Zalatix Jul 2012 #69

Your recognition of sarcasm is as strong as your reading comprehension and or attention span Sen. Walter Sobchak Jul 2012 #70

Once again you fail to make a coherent argument. Zalatix Jul 2012 #71

I bet you won't even cringe at this. Zalatix Jul 2012 #72

Really dude, you need to read more than the first sentance before posting a link Sen. Walter Sobchak Jul 2012 #73

Your "you need to read" comebacks are getting weak. Don't you get tired of constantly being wrong? Zalatix Jul 2012 #74

You can post those links to your hearts content Sen. Walter Sobchak Jul 2012 #75

Now it's you who need to learn to read. Zalatix Jul 2012 #76

And again you demonstrate you don't actually read anything before posting it, Sen. Walter Sobchak Jul 2012 #85

Now you're discrediting a blurb by the SF Fed Reserve? And now you're fabricating stuff, too. Zalatix Jul 2012 #86

You are a liar Sen. Walter Sobchak Jul 2012 #90

Your argument is getting downright confused and frantic, not to mention weak and downrightdishonest. Zalatix Jul 2012 #91

So you now effectively admit you didn't read the article... internet cache is a wonderful thing Sen. Walter Sobchak Jul 2012 #97

Once again you admit you don't COMPREHEND what you say you thoroughly read. Zalatix Jul 2012 #98

Did you or did not not dishonestly attirubute his missive to the SF Fed? Sen. Walter Sobchak Jul 2012 #99

I didn't dishonestly do anything. Zalatix Jul 2012 #100

'Made In America' Policies Hugely Popular, Survey Shows - Yeah, we're hiding in our basements. Zalatix Jul 2012 #78

In fact, your argument also justifies replacing workers with prison labor, too. Zalatix Jul 2012 #50

Tarrifs arent punitive anymore than sales taxes are CreekDog Jul 2012 #81

Tariffs Should Be Used To Eliminate Benefit From Cross-Border Wage Differentials, Sir The Magistrate Jul 2012 #26

This is not a common recovery CreekDog Jul 2012 #80

The uncertainty in Europe is real hack89 Jul 2012 #82

In the late 70s, early 80s... meaculpa2011 Jul 2012 #48

One look at his favorite group tells you that. UnrepentantLiberal Jul 2012 #58

An aside. 2ndAmForComputers Jul 2012 #65

There is no demand for additional goods and services Cary Jul 2012 #51

I don't know that it's a strike. rrneck Jul 2012 #4

extortion, i'd call it. "we control the money spigot and we're going to keep it shut until you HiPointDem Jul 2012 #10

+1000000. nt rrneck Jul 2012 #28

If FDR were smart,... badtoworse Jul 2012 #9

he was obviously much much wiser than you will ever be, Chumly fascisthunter Jul 2012 #38

I'm comfortable in my own skin; I contribute substantial time and money to charitable causes badtoworse Jul 2012 #41

Do you think the WPA was a good idea? UnrepentantLiberal Jul 2012 #60

I don't have an informed opinion on the WPA badtoworse Jul 2012 #83

That tells me all I need to know. UnrepentantLiberal Jul 2012 #84

Are you serious? sabrina 1 Jul 2012 #87

Kind'a a straw man I think econoclast Jul 2012 #15

eeeek. lonestarnot Jul 2012 #93

Post removed Post removed Jul 2012 #39

I skimmed through this thread and limpyhobbler Jul 2012 #43

amen B Calm Jul 2012 #57

Maybe they should have a responsibility to the community SickOfTheOnePct Jul 2012 #63

that's why we need corrective action fascisthunter Jul 2012 #79

Capital Punishment MNBrewer Jul 2012 #53

Not really--they've just succeeded at one of their major long-term goals eridani Jul 2012 #59

Nationalize and seize all corporate assets. ananda Jul 2012 #88

Now, somebody is finally talking revolutionary action! Zalatix Jul 2012 #89

People and institutions are going to sell off any company spending cash assets RB TexLa Jul 2012 #92

How's that doing against inflation? Zalatix Jul 2012 #94

By savings I don't mean exclusively DDAs RB TexLa Jul 2012 #95

Pity that those who lost their jobs to offshoring have no money to save. Zalatix Jul 2012 #96