Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Siva Uppalapati who wrote (451889)	9/2/2003 10:46:59 PM
From: laura_bush	Read Replies (2) \| Respond to of 769667

Siva: may I ask you if you are a tech employee here in the US? If so, are you here permanently, or on an H1 visa? No need to answer if you don't wish to. I happen to know and work with several people who are from India and Pakistan. Some are US citizens; some are not yet. You know the problems and fears of those who are here on working visas, I'm sure. And those who are permanent employees find themselves in the excruciatingly painful and absurd position of possibly losing their jobs and new lives to others who will work for 1/5 the pay and lifestyle back in the Old Country. lb

To: Siva Uppalapati who wrote (451889)	9/2/2003 10:54:41 PM
From: Raymond Duray	Respond to of 769667

Siva, Re: I understand the pain and dislocation this would cause to the affected people. But in the long run everyone is going to be better off. That is absurd on the face of it. Market choices create winners..... and losers. Currently, 2.4 Million Ameericans have been dislocated from living wage jobs in the U.S. manufacturing sector since George Bush took office. That is a net loss to America's balance sheet, a loss to the tax coffers of cities, counties and states across the country. There are not only 'winners', except in the textbooks of ideologues posing as economists, applying more of a religious fervor than an intellectual honesty to their analysis.

To: Siva Uppalapati who wrote (451889)	9/3/2003 12:07:53 AM
From: steve dietrich	Respond to of 769667

Problem is companies X and Y are both selling to the same market Z, however market Z is losing its purchasing power because its losing its source of income.

To: Siva Uppalapati who wrote (451889)	9/3/2003 2:12:50 AM
From: SirVinny	Respond to of 769667

What???? And who will buy products from company Y when most of its potential customers are unemployed (because their jobs were shipped to low wage countries) or simply can't afford them? No matter how cheap your Mexican car is, "you ain't gonna drive it if you ain't got no job".

To: Siva Uppalapati who wrote (451889)	9/4/2003 6:29:09 PM
From: Lazarus_Long	Read Replies (1) \| Respond to of 769667

WOW! Some sense on this subject! Congratulations! I find it most interesting that you can take a more dispassionate and calmer view of this matter than our hyperliberal brethren and sisthren who, in so many other cases, cry and gnash their teeth over the fate of the poor, oppressed (by evil American corporations, of course) people of countries such as India. They scream and moan about the indifference of the first world towards the third. Yet when it comes to opening markets so that those people India can also make a living, they scream and moan about that too. Are they hypocrites? Or simply stupid? One variety of "stupid" here consists in thinking they can stop it. The technology is here. It will be used. If we in the US don't use it, other countries will use it against us. We can swim with the tide our against it. If we swim against it, we are doomed to die of exhaustion.