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: American Spirit who wrote (9156)	3/21/2004 12:22:22 AM
From: stockman_scott	Respond to of 81568

Crony Capitalism Goes Global thenation.com

To: American Spirit who wrote (9156)	3/21/2004 12:32:14 AM
From: stockman_scott	Respond to of 81568

Sunday, March 21st -- Meet The Press... msnbc.msn.com Sen. Edward Kennedy, D-MA, on the war in Iraq and Decision 2004, plus a political roundtable. NBC News Updated: 6:04 p.m. ET March 19, 2004 In an exclusive interview, the "Liberal Lion of the Senate," Senator Edward Kennedy, D-MA, will appear on this Sunday's "Meet the Press with Tim Russert" to discuss the one year anniversary of the start of the war in Iraq. He will also talk about the junior senator of his home state of Massachusetts, Senator John Kerry, who this week clinched the delegates needed to become the Democratic nominee for president. And in a special political roundtable, we will have insights and analysis from David Broder and Robin Wright of the Washington Post, Ron Brownstein of the Los Angeles Times, and Roger Simon of U.S. News & World Report. They will discuss the increasingly heated campaign between President George W. Bush and Sen. Kerry. Tim Russert is the moderator of "Meet the Press." Betsy Fischer is the executive producer. Erin Fogarty and Michelle Jaconi are producers. "Meet the Press" is regularly seen from 9-10 a.m. ET, except in Washington, D.C. and New York City where the broadcast is seen from 10:30-11:30 a.m. ET. Please check local listings for airtimes in your area. © 2004 MSNBC Interactive

To: American Spirit who wrote (9156)	3/21/2004 7:49:48 AM
From: lorne	Read Replies (1) \| Respond to of 81568

spirit. You said...." For instance, Bush went AWOL.".... How come kerry won't permit the release of his Vietnam medical records which would indicate exactly what his wounds were I mean after all Prez bush released all of his service records when he was attacked by kerry.....How come spirit. Do you love Mr Kerry.:-)

To: American Spirit who wrote (9156)	3/21/2004 8:31:06 AM
From: lorne	Read Replies (2) \| Respond to of 81568

Hey spirit. I know you think kerry don't lie but I think maybe he lied to you about that. :-) Gee, look who's 'outsaucing'! CHIDANAND RAJGHATTA TIMES NEWS NETWORK[ SATURDAY, MARCH 20, 2004 10:34:24 PM ] timesofindia.indiatimes.com John Kerry's financial fortunes may be linked to a ketchup empire, but in his political notebook, what's sauce for the goose isn't sauce for the gander. The Democratic Presidential nominee, who has been railing against outsourcing, is walking on a sticky wicket on the issue. There are outsourcing footprints all over Kerry's pristine all-American turf. H J Heinz & Co, the family business of Kerry and his wife Teresa, has spread its ketchup operations across the world. Of the 79 factories that the food processor owns, 57 are overseas. Heinz makes ketchup, pizza crust, baby cereal and other edibles in such countries as Poland , Venezuela , Botswana , Thailand , and most of all, China and India . That's not all. Campaign finance reports reviewed by the Congressional publication, The Hill, reveal that executives at 25 companies identified by CNN's Lou Dobbs as prime outsourcers have contributed more than $370,000 to Kerry's presidential campaign. Among them are executives of Citigroup (who contributed $68,250 to Kerry), Morgan Stanley (gave $38,000) and Goldman Sachs (gave $50,300). Direct investments and trusts controlled by Kerry list assets of $124,026 to $636,000 in companies that outsource jobs, according to his financial disclosures. Trusts held by Teresa Heinz Kerry hold at least $8.5 million in outsourcing companies. Among them are General Electric, IBM and AIG which have big operations in India and China . All this has led analysts to believe that Kerry's anti-outsourcing stand is just election season posturing. "Our view is that this is just a lot of political talk. Restrictive legislation will be limited, and the outsourcing trend will continue to be robust," Lehman Brothers analyst Louis Miscioscia wrote in a recent research note to investors. Ashish Thadhani, an analyst with Brean Murray & Co in New York who tracks Indian outsourcing companies has also given a thumbs-up to firms such as Infosys, Wipro, and Cognizant, saying they are good bets for investors if their horizon looks beyond the current political debate. Meanwhile, domestic critics have excoriated Kerry for his duplicity and doubletalk. If Kerry is true to his word, he would be bringing back Heinz operations to the US and create American jobs. By the same token, the nearly seven million US workers who are employed by foreign companies such as BMW, Toyota and Honda would also lose their jobs if these firms pulled out. "I don't think Kerry should shut down the Heinz 57, but he might drop the rhetoric and talk about trade responsibly," says free market maven James Glassman, who has taken a public stand against the anti-outsourcers. "He should support not trade's contraction but its expansion, like George W Bush, Bill Clinton and every president since Herbert Hoover." It looks unlikely though that Kerry will pay attention to such advice till after the election. Meanwhile, Bush continues to stick by the free trade principles despite facing pressure on the political and economic front. With the job growth lacklustre, it's a tough and risky act against an opposition determined to twist every dismal number to its advantage. But supporters of free trade also argue that the administration has not been sufficiently aggressive in telling the American people about how lowered barriers have helped the economy over the last decade. Bush, they say, needs to talk about the jobs and cost benefits free trade has brought to America