SI
SI
discoversearch

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: The Philosopher who wrote (7103)3/13/2004 8:28:56 PM
From: Lizzie TudorRespond to of 81568
 
Some of them violate international law and/or treaties.

Sounds like a BushCo excuse. The US is the largest economy in the world and we are running a deficit with China- a country that is CLEARLY violating treaties up the ying yang, and we aren't doing a thing about it, thanks to Bush and his inept team. I expect more from Kerry.

But none of them nention any sort of punishment for firms that outsource jobs.

Well, offshoring is legal so Kerry can't really do much about it other than create an environment that does not facilitate management incentives for offshoring. I think there is ample evidence he is attempting that.

Stop Corporations From Keeping Bank Accounts in Countries like Bermuda to Avoid Paying Taxes. John Kerry believes that American companies should not be allowed to set up virtual headquarters in foreign countries that are hardly more than mailboxes just to avoid paying U.S. taxes.

End Unfair Protections for CEOs. Executives should not be walking away with millions of dollars in salaries and benefits while their workers are laid off their companies are defaulting on loans. Kerry would tighten the laws that allow corporations to take advantage of tax deductions for performance based executive pay – even when executives do nothing to improve productivity.

(this is the Kraft foods case, 6000 laid off and a 10mm bonus for executives)

Stop Giving Government Contracts to Corporations Breaking the Rules. The Federal government should not give lucrative contracts to companies that have a record of accounting fraud – like WorldCom – or are moving offshore.

johnkerry.com

All told, comparing Kerry and Bush on these labor issues is like comparing a peacock with a DoDo bird. Kerry is the peacock. Bush's team is too dumb to even figure out we have a problem, and when they do get it right, they committ a huge number of gaffes like that attempt to call fast food workers "manufacturers".