Don't Blame Me, I Voted For Kerry Message Board

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Politics : Don't Blame Me, I Voted For Kerry

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To: MulhollandDrive who wrote (5136)	3/4/2004 6:48:57 PM
From: Lizzie Tudor	Read Replies (1) of 81568

of course all the CEOs are behind offshoring, Carly Fiorina especially. But I expect Kerry to catch up with Bush donations now that we have the real nominee. For entrenched CEOs of multinationals, the most overpaid people in the US, offshoring is a huge win. It cuts off the market to the smaller competition (because the market is offshore) and enables senior executives to keep their HUGE pay packages since employees cost so little. Of course in the long run we are all worse off because even in this INCREDIBLE BUSH BOOM none of our companies can seem to sell anything. Maybe because the middle class in india makes too little to have any significant buying power. And in an intellectual property world, offshoring your workers means that you are really training your competition for round #2. Not that Carly gives a damn about that though. Intel Corp. (NasdaqNM:INTC - News), but the world's No. 1 computer chip maker disappointed some after the bell by narrowing its range of expected revenues for the first quarter to the downside. biz.yahoo.com

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