Thursday, September 1, 2011

Q&A - same ol, same ol: Global Factory Activity Stalls - WSJ.com

Global Factory Activity Stalls - WSJ.com

Question (AF):

">Right... GE pays no U.S. taxes. How "demonic".

Also read that most CEO's are paid more than their company pays in total taxes. Just wicked, eh? how can those companies survive? ROFL.



Answer:

Ah, it is such a pleasure to see vindication of the rule of lemmings.

You've clearly been easily convinced of a red herring to distract you from what is really going on.

Do you see businesses wanting to invest in America first? Do you see a strong dollar, which will imply rising standards of living?

Do you see educational policies that speak of excellence instead of regression to below the mean?

No, you don't.

And, if you happen to be relying on any income other than social security, perhaps you have an equity or bond investment that you hope will prosper.

So, should you wonder if a company will be able to stay in business, you might ask yourself whether they are doing their best to keep producing competitive products.

If you think CEOs are overpaid, then - should it be a free market - you should be able to set up a competing company. You say you can't? Well, why not - either you or someone else.

Did you say regulatory constraints. Capital raising constraints. What's the problem?????

You are a true spirit of liberalism. You don't have to think logically. You can buy into the cant of the politicians trying to shift aim from themselves.

And, you are making the problem worse!

Sad, sad, sad - but who can blame you. You've been indoctrinated and mesmerized. Sadly, it is such an easy task.

But, the bottom line is that the Obama policies (and their kin in other countries around the world) seem to miraculously always produce the same desultory results.

Gee, its same-ol, same-ol and the hope that, as the old saying goes, somehow "this time is different" or "...going to be different".

Don't be surprised if it's not!

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