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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Ann Corrigan who wrote (18995)	12/7/2003 2:48:15 PM
From: John Carragher	Read Replies (2) \| Respond to of 793671

on the other hand if companies move their production to other countries if gives that country a chance to pick up their economy and become consumers of our products. One example would be Ireland who took many jobs from the states but now their wages are similiar to ours and they as well as England are losing jobs to other countries. In the meantime Ireland i expect has more purchasing power. Great interview with some fund manger in barrons this weekend. He says steel industry next year in the states will be booming. Hope he's right.

To: Ann Corrigan who wrote (18995)	12/7/2003 3:18:35 PM
From: LindyBill	Read Replies (2) \| Respond to of 793671

I am now convinced that "free market" propaganda as well as "globalization" really are fronts for multi-national mega-companies who want to form a dozen monopolies. Sounds a little "conspiracy theory" to me, Ann. Every company would like to increase it's business world wide and have no competition. That's human nature. Doesn't make them "Evil Capitalists" conspiring to "create a monopoly." What you see is people losing their jobs and blaming it on cheap chinese workers. What you do not see is the poor mom over at Wal Mart who is able to afford more food and clothing for her kids this Christmas.