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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (58484)4/10/2008 11:49:01 AM
From: Steve Lokness  Read Replies (2) | Respond to of 543106
 
Lane3;

which could be of any nation. Owning the technology might make a difference in a pinch, I suppose. The probability of potential pinches is unknown.

I am not in disagreement of anything you say here. My take on this is the big picture that ties many of the daily discussions here together. John touched on that with his comments on our trade deficit. We are selling off America to live beyond our means while other countries such as Japan and especially China are going around the world buying up resources. Our resources - our economy - are being sucked into the toilet in the mindless war in Iraq while the smart countries buy us chunk by chunk.

steve



To: Lane3 who wrote (58484)4/11/2008 4:04:00 AM
From: Cogito  Respond to of 543106
 
>>Profits from sales go to the shareholders, which could be of any nation.<<

Karen -

If only that were so. The profits go to the shareholders only if the company pays dividends. Even then it is usually only a small part of the profits. Otherwise, in the case of foreign companies, the profits go overseas.

- Allen


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