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


To: MulhollandDrive who wrote (5136)3/4/2004 6:48:57 PM
From: Lizzie TudorRead Replies (1) | Respond to 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



To: MulhollandDrive who wrote (5136)3/5/2004 7:20:43 AM
From: Amy JRead Replies (1) | Respond to of 81568
 
Silicon Valley prefers Democrats by a 3:1 ratio:

********************************************************

Democrats raised $4.2M in the Bay Area, an amount significantly higher than the $1.45M Bush raised here in 2003.

********************************************************

"overall individual contributions in the Bay Area
illustrate the Democratic Party's strength in the
liberal region: Here, Bush managed only to (raise) $1.45 million"

"Combined, all the Democratic presidential candidates
-- 10 of them at one point -- easily out-raised Bush
in the Bay Area in 2003, collecting a total of $4.2
million."

mercurynews.com