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.

Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (59400)	3/10/2004 10:59:28 PM
From: cheryl williamson	Respond to of 64865

That's right. The workers are under attack. The net effect of those halcyon days in the 90's of the internet and international commerce bringing wealth to the world has been turned on its ear. Now, the same technology is being used to loot countless billions from the middle class after the stock market chicanery. There is no such thing as a "jobless recovery". No jobs means no recovery. The very same thing occurred in the 1930's. George Bush just received the "Herbert Hoover" award today from the Kerry campaign. Bushes response to the "jobless recovery"? "It was caused by circumstances beyond my control before I got into office". LOL!!!

To: Lizzie Tudor who wrote (59400)	3/10/2004 11:08:07 PM
From: E_K_S	Read Replies (1) \| Respond to of 64865

Hi Lizzie - This is a bit of off topic but does add to the off sourcing topic. I heard that E-Loan provides an "opt-out" option for customers to have their loan applications "outsourced" to India for data input and approval. Their out source operation not only is less expensive for E-Loan but the approval review is two to three days quicker. E-Loan wanted to be "politically correct" by providing customers the option to "opt-out" from having their applications sent to India but it would take three to five days longer to process their loan. 85% of their U.S. customers told E-Loan to send their application to India for the faster processing and approval! No out source legislation will work if the broad base U.S. customer wants the service (even if they are asked!). A tax on this function will just not work and will lead to greater inefficiencies. We are in a difficult cross road but IMO any Government intervention will only delay the market system from working efficiently. There must be an easy transition process companies can take with Government legislation (tax credits for U.S. services perhaps) which over time will allow efficient global outsourcing. I like the rumor that US Senator John McCain will meet with Kerry regarding the possibility of a VP offer. I may vote for such a ticket. EKS