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Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: JakeStraw who wrote (2845)	2/17/2004 1:31:28 PM
From: rrufff	Read Replies (1) \| Respond to of 81568

Yes, but the Green Ketchup, shored up his Irish heritage and did well here in Kerry country. <ggg>

To: JakeStraw who wrote (2845)	2/17/2004 1:32:27 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 81568

depends on where the market for Heinz ketchup is. If they are making Heinz ketchup offshore and importing it here, then it is likely the Kerry plan will remove enough tax benefits to make that arrangement less desirable. Then it is simply a business decision as to keeping things where they are or moving. One thing we know for certain, despite the failure of this administraton in the areas of negotiation, the Yuan is set to rise (likely a double MINIMUM) in 07, so when you add the democrats "anti offshoring" tax proposals plus the crashing dollar plus the Yuan, it is probably much less desirable to offshore in the future than today.