| Author | Message | ||
     Ferris_von_bueller |
http://video.foxnews.com/v/1125886140001/why-is-ge -launching-joint-venture-with-china/ | ||
| Mtjm2 |
Because thy can ! | ||
| Ft_bstrd |
It's all those green jobs Obama is talking about. Unfortunately, none of those jobs are in the US. | ||
| Reepicheep |
Good end run around environmental and labor regulations... Which they may have to do simply to compete. | ||
| Buellifer |
Because GE is Corporate Greed America... Any business with China means CHEAP LABOR!!! | ||
| Two_seasons |
Jeff's job is to boost shareholder value. Unfortunately, teaming up with Obama hasn't done anything for the cap value of the company, in the eyes of those invested/investing. GE needs to stay focused on what made GE great, innovation! GE helps create the gov't regulations it's competition drowns in. If that company is on par with GE, then game on. The others fight for survival and are picked up eventually and folded into one of the big boys. This is the way the game is played, and soon, in China, when GE and other companies of like size help create new environmental laws there, the people of China will feel the effects of gov't regulation as we do here. And jobs will disappear there too. Gov't agencies like GE's help in crafting gov't regulations. A win for the gov't bureaucrat (noun---an official who works by fixed routine without exercising intelligent judgment---from dictionary.com) and a win for the lazy overseers called the u.s. congress of the united states! Because we elect intellectual dolts that are pleasing to the camera, we elect to have slavery continue here. Not in the form as the history books tell it, but in the form of higher and higher taxes to enforce the existing and new changes in the law. In the end, the free market consumer and income tax payer foots the bill. And that pool, my friends, is shrinking very fast in America. We the people can no longer accept that those elected to office have our best interest in mind. We need to seek out those candidates who are Constitutional and demand, with us, less gov't. One by one, we need to clear out the dead wood in congress and get back to a sane approach of governance. We can do it, but we better have the stomach for it. This will require all of us that love this country to once again stand up and fight for liberty and freedom. Our forefathers and mothers did it and so can we. Big gov't and enormous regulations is what's choking off the manufacturing base in this country. Wealth is not created here! | ||
| Reepicheep |
Having worked for GE for a while, I saw a lot more people screwing GE then I saw GE screwing people... but both sides pursue their own goals and agendas. GE is a multi-national corporation and needs to do what it needs to do to compete with other multi-national corporations. It will be interesting when China and other developing nations aren't so developing anymore, and actually have to follow reasonable environmental and labor standards. | ||
| Oldog |
and actually have to follow reasonable environmental and labor standards. that may be an inaccurate assumption.. they don't worry about it now. | ||
| Geforce |
I wonder how long it's going to take for us to abolish NAFTA or at least modify it in a way that actually benefits the American worker and economy. All this outsourcing and deindustrialization started with trade agreements like NAFTA over 17 years ago. The damage is done, but it's not too late to change the way America encourages corporations to retain factories, jobs and careers stateside. | ||
| Whatever |
China will NEVER develop environmental and labor standards. You are talking about a COUNTRY that performs live organ donation on prisoners who practice a religion they do not like (Fulong Gong). You are talking about a GOVERNMENT that will steal a child (the Panchan Lama) to try and ruin the traditional government in Tibet (the Dalai Lama). You are talking about a PEOPLE who perform infanticide on a regular basis, because they can only have one child and most people want a son. You are talking about government run COMPANIES that spew mercury into the air burning dirty coal and dump toxic metals into the Yellow River because they can. | ||
| Oldog |
A story about China as a supplier: some years ago I worked for a company that used arsenic as part of its product, this was imported from china at one point in drums when opened the drums were found to have hand prints inside them indicating that the workers were filling them with powdered ASo3( the highly toxic version, ) were un protected. the company went to china and inspected the site, they sent the producer gloves, masks, and other safety items. a subsequent inspection found the workers using the gloves and masks, wearing shorts and sandals in the dusty (arsenic) environment.. people are little better than cattle in the out lying regions.. | ||
| Oldog |
the whole GE thing is another raving example of how bad a leader Obama is Has the CEO(?) of GE who has to be involved in the out-source to china of aircraft and Xray equipment manufacture. ( hope that not nuclear sourced but from a tube ) sits on the Jobs board WTF! | ||
| Whatever |
Dude, hate to break it to you, but from a very reliable source... we already outsourced military munitions production to Eastern Europe in 1991. It is not a new thing. We have been doing it for years. | ||
| Swordsman |
Yeah, I've heard for several years that if the US was somehow cut off from our international suppliers, we no longer have the capability to build our own weapons systems to defend our own country. Dunno how much truth there is there, but I wouldn't be one bit surprised. ~SM |
