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

To: Lizzie Tudor who wrote (4143)	2/25/2004 2:18:13 PM
From: laura_bush	Respond to of 81568

These types are great candidates for ignoring. I think they're daytraders who have lost THEIR jobs, if not everything else. -g- lb

To: Lizzie Tudor who wrote (4143)	2/25/2004 2:33:22 PM
From: TopCat	Read Replies (1) \| Respond to of 81568

>>>If you had the maturity to discuss this topic without throwing in childish jabs like this maybe people would take you more seriously.<<< I don't see how the truth can be childish but I'm not surprised you said that. >>>BTW I will tell you the same thing I told tonto- I have NEVER seen you on any tech stock board here on SI, ever.<<< I'm heavily invested in tech stocks but, like tonto, I don't feel a need to post about it and I'm very satisfied with the returns I've received in the last year. Before that, not so satisfied. :-) >>>you would know that the current precarious position wrt offshoring the tech workforce damages the entrepreneurial climate in the US.<<< I disagree and I think you are totally ignoring the IP that gets generated offshore that comes back to the US. >>>Lou Dobbs knows it, of course I suppose you would say he is worried about his job and that is the only reason he gives a damn?<<< I'd rather trust economists on the topic and not pundits. >>>We have already lost the capex upgrade cycle, verified recently by Carly Fiorina in her recent call.<<< No we haven't....the capex cycle and the jobs cycle are both slow to recover because of the huge, false bubble that occurred. >>>As far as how to correct offshoring, well it will be challenging. First, I support disclosure of countrywide sales and employee breakdown in the financials. The sales breakdown needs to be in USD, not unit volume. Then, if the primary market is onshore and employee base is offshore (as is the case with say, Oracle)- then these corps should pay a full tax burden at the state and federal level, no benes or perks. Next, the Yuan must be floated immediately, and a restucturing of fica taxes which are discriminatory to the workforce. On the notion of capital investment offshore, remove preferable tax treatment to any offshore plant and equipment. For example today AMD gets the same tax treatment for building a fab in the US as offshore, I would support removing any tax break for offshore investments, in other words if Oracle wants a building in india they pay for it out of cash but not writeoffs, treat the expenditure as if it were employee salaries, same with all offshore plant and equip.<<< Won't happen under the next administration regardless of who it is. Why? First because it is a insignificant issue and second because it interferes with free market and competitive forces and will only make things worse. Do you not realize that Japanese and European companies go "offshore" as well? TC