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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (120752)	12/29/2011 8:35:18 AM
From: lorne	Read Replies (1) \| Respond to of 224707

The U.S. Treasury Says China's Not Manipulating Its Currency By Eric Randall \| The Atlantic Wire – Tue, Dec 27, 2011 news.yahoo.com ..The U.S. Treasury Department issued a report Tuesday saying they would not refer to China as a "currency manipulator," despite widespread claims that the Chinese government keeps the value of the yuan artificially low. Treasury cited several complex factors in their analysis, including the recent rise in value of the yuan against the dollar. The Washington Post notes, "the decision will likely anger unions and Democratic lawmakers," who feel the adverse impact of cheapened Chinese goods on trade and American industry, and who haven't reacted kindly to similar decisions from Treasury in the past. We also imagine the report won't be taken as the final word on the matter from Republican candidates who have spoken harshly about China's currency policy on the campaign trail. In fact, with an issue as complex and non-transparent as this, we imagine it's very, very far from the final word for anyone, Treasury included. ..

To: tonto who wrote (120752)	12/29/2011 9:03:02 AM
From: Kenneth E. Phillipps	1 Recommendation Read Replies (5) \| Respond to of 224707

tonto, there you go again with your unfounded personal attacks. I am referring to your comment about Paul's "lack of business schooling". You have no idea about the extent of his business education. You can also stop talking about your phony business credentials.

To: tonto who wrote (120752)	12/30/2011 7:29:51 PM
From: Paul V.	Read Replies (2) \| Respond to of 224707

tonto, I as other CEOs, must be fiscally responsible and make decisions which ensure that the company remains a viable ongoing enterprise. I must protect it. My decisionsare based on that premise. That is why the companies employ me. I take it that you are at issue to the statement of John Chambers, CSCO, and others that the purpose of CEO's are to maximizing the profits for the stockholders. As a past professor of MBA's I suggest that you restudy your financial management and accounting classes. Or, perhaps you are more concerned with the employees than the stockholders. Employees are naturally taken into consideration, as well as the consumers in marketing their product. A fool would suggest otherwise. Management is what make the difference and how they manage their employees in an effort to motivate them to produce quality work at the lease expensive cost in an effort to maximize these profits.