Are globalized corporations unamerican?

[dilloduck]

No, it doesn't. Your quote didn't say globalism is unAmerican when it's performed under the auspices of the UN, you said it is "in itself unAmerican." I'm not sure the UN has that much control over Global companies. Some, sure. I oppose it as well, sure. But the UN is a political organization. I deeply oppose our membership in the UN, but I'm not sure how the UN makes globalization unAmerican.

The defintion of globalization has us stuck. Why does the US give money to the IMF ?

I agree, but what does that have to do with global companies? The American government does that.

Global companies are just that. Global. There are corporations that headquarter themselves in a particular country but do business globally. Since countries have different laws a smart corporation will locate itself and do business where it is most profitable.
If a country wants the benefits that having this corporation provides it would behoove them to make themselves financially attractive.

 

[uscitizen]

Globalism is in itself unAmerican.

Only to a coward who thinks we can't compete and win in a global world. What a change from what we did to the world for our first 200 years. Now Democrats have discovered we're actually losers who will fail if we don't erect walls to isolate our economy from those damned foreigners. The irony is our own government is the one making sure our corporations can't compete.

Yep a trillion or so in tax breaks for US companies to relocate jobs to overseas.

Tax breaks that the right will not give up to help balance the budget.

 

[kaz]

The defintion of globalization has us stuck. Why does the US give money to the IMF ?

I agree, but what does that have to do with global companies? The American government does that.

Global companies are just that. Global. There are corporations that headquarter themselves in a particular country but do business globally. Since countries have different laws a smart corporation will locate itself and do business where it is most profitable.
If a country wants the benefits that having this corporation provides it would behoove them to make themselves financially attractive.

Ding, ding, ding. Agreed. And what's more American then that. We became great with our competitive spirit and personal generosity. Government is what is destroying that by tearing down our corporations with control and redistributing wealth destroying genuine charity. Locating in the best place is pure American, baby. More power to them.

 

[dilloduck]

Globalism is in itself unAmerican.

Only to a coward who thinks we can't compete and win in a global world. What a change from what we did to the world for our first 200 years. Now Democrats have discovered we're actually losers who will fail if we don't erect walls to isolate our economy from those damned foreigners. The irony is our own government is the one making sure our corporations can't compete.

Yep a trillion or so in tax breaks for US companies to relocate jobs to overseas.

Tax breaks that the right will not give up to help balance the budget.

They are global companies and we give them tax breaks so they will at least do some business here. They could easily pull up stakes and headquarter elsewhere if the US makes them pay more to do business here.

 

[kaz]

Globalism is in itself unAmerican.

Only to a coward who thinks we can't compete and win in a global world. What a change from what we did to the world for our first 200 years. Now Democrats have discovered we're actually losers who will fail if we don't erect walls to isolate our economy from those damned foreigners. The irony is our own government is the one making sure our corporations can't compete.

Yep a trillion or so in tax breaks for US companies to relocate jobs to overseas.

Tax breaks that the right will not give up to help balance the budget.

Be specific, what "tax breaks for US companies to relocate jobs to overseas" are you referring to? The only reality this has is as a liberal talking point. What deduction specifically is paid to companies for doing this?

 

[uscitizen]

Only to a coward who thinks we can't compete and win in a global world. What a change from what we did to the world for our first 200 years. Now Democrats have discovered we're actually losers who will fail if we don't erect walls to isolate our economy from those damned foreigners. The irony is our own government is the one making sure our corporations can't compete.

Yep a trillion or so in tax breaks for US companies to relocate jobs to overseas.

Tax breaks that the right will not give up to help balance the budget.

They are global companies and we give them tax breaks so they will at least do some business here. They could easily pull up stakes and headquarter elsewhere if the US makes them pay more to do business here.

We are the worlds largest market why would they leave?

 

[dilloduck]

Yep a trillion or so in tax breaks for US companies to relocate jobs to overseas.

Tax breaks that the right will not give up to help balance the budget.

They are global companies and we give them tax breaks so they will at least do some business here. They could easily pull up stakes and headquarter elsewhere if the US makes them pay more to do business here.

We are the worlds largest market why would they leave?

Our government could make it too expensive for them.

 

[uscitizen]

They are global companies and we give them tax breaks so they will at least do some business here. They could easily pull up stakes and headquarter elsewhere if the US makes them pay more to do business here.

We are the worlds largest market why would they leave?

Our government could make it too expensive for them.

Could, but we can also make it more expensive without making it too expensive. That is how the corporations do it.
It is not an all or nothing thing like many who only think in binary terms believe.

 

[dilloduck]

We are the worlds largest market why would they leave?

Our government could make it too expensive for them.

Could, but we can also make it more expensive without making it too expensive. That is how the corporations do it.
It is not an all or nothing thing like many who only think in binary terms believe.

I would imagine that profit margins are a constant subject of debate and when new laws effecting it are being considered a new round of bargaining ensues.
There's nothing the average citizen can do about it but complain. The people making these decisions buy politicians for a living and create dollars out of thin air and charge you and I to borrow it.

 

[StashMan]

I mean where do their loyalties lie?
Do they care if America goes down the tubes as long as their profits increase?
Same with those who play the global market.

Does America owe them any breaks or support?

The answer to that question is NO. Globalization has been happening at a rapid pace, and has become a certainty if we do not do something now. Some say, "So what?", Well lets first call it what it truly is. World Government. If we go into world government than America no longer exist and neither will the Constitution or the Bill of Rights.

Our politicians have long ago been corrupted by the evil scheme of globalization. The money masters have bought their support and our votes have not counted in a very long time. We do have politicians on both sides who are not afraid to speak out against them, but that is pretty much futile since the money is thrown into the campaigns of those who play along. Ron Paul has been speaking out about world government for decades. He wins many of the polls, is able to raise the most grassroots money, yet is ignored by the RNC. This is what I am talking about. It will take revolution and not words to save this country now.

Since joining USMB i have posted on this topic as well as ending the Fed. When these topics are raised they go ignored even in forums with folks claiming to be patriotic. Why? These are the 2 most important topics we are facing today, and nothing else is going to work unless you remove the very large elephant in the room.

We already have first major move of world government by the formation of the European Union and the creation of the Euro., it's currency. Now they are wanting the North American Union, which means to join the United States, Mexico, and Canada into one nation and have one currency the Amero. This is not conspiracy and this forum would be a great place to start sharing the truth to those who will not label it as one. The evidence of world government is everywhere.

We have been warned throughout our history by our most patriotic leaders of this evil that is on us all right now. If we did not hear them than, than we by all means must hear them now.

[ame=http://www.youtube.com/watch?v=8y06NSBBRtY]‪Eisenhower warns us of the military industrial complex.‬‏ - YouTube[/ame]

[ame=http://www.youtube.com/watch?v=FnkdfFAqsHA]‪JFK Blows The Whistle on Secret Societies!‬‏ - YouTube[/ame]

snopes.com: Thomas Jefferson on Banks

Abraham Lincoln's "Bank War"

 

[JakeStarkey]

The result is this. Globalization means that commerce now has the opportunity, and will, govern the national governments behind a facade. The one thing America can do is to refuse to let businesses who do not support America, including financially, not do business directly or indirectly in America.

 

[Wiseacre]

What is "unamerican"? Everybody has their own opinion, but I'll tell you what I think it isn't. It's redistributing wealth from those who earned it to those who could earn but don't. Works the same for corporations and businesses both large and small, global or not. Americans have a deep seated belief that you should keep what you earn and pay your fair share of taxes. Works the same for corporations and businesses both large and small, global or not. The question of what is "fair" is obviously open to debate, but that ain't the issue here.

Global corps have responsibiilites to their shareholders, and to some extent the countries they do business in. They shouldn't knowingly put out a defective product, or don't cook the books, or deceive the customers. I believe they should operate in an ethical manner, but that's a pretty wide issue. What's ethical and what isn't?

They do not have responsibilities to any gov't, beyond compliance with the law. Neither do they have responsibilities to their employees, beyond the law. There is nothing unamerican about paying wages and benefits based on what the market requires; if the employees want to make more money then it is incumbent on each one of them to make themselves more valuable to employers. To award higher pay or benefits or advantages to somebody who has not earned it is unamerican in my book. It may be in the company's best interest to pay a higher wage to keep trained employees and avoid the costs of hiring and trainng new people. But those are economic reasons, not moral ones.

Just as the employer has a right to pay the lowest wages necessary to employ people, so to does the employee have the right to find another higher paying job. IMHO, it is also their (workers) right to unionize and collectively bargain, just as it should also be their individual right to decide not to join a union if they so choose, without being coerced one way or the other.

The real problem here is not the multinational companies and rich CEOs, it's our governance that is not adequately ensuring free and open competition AND making sure the existing laws and regulations are effective and being adhered to. If our government makes it so unattractive to do business here and US companies move jobs overseas as a result, it's not a question of an unamercian company but instead poor governance.

True, other countries have lower labor costs and for some products we can't compete. So be it, we can find other enterprises to pursue and create new jobs to replace the lost ones. That's the American way, we constantly find new ways to make money. Raisng high tariffs or preventing businesses from moving operations offshore, that is definitely NOT the American way. We make money anywhere, any time, any way we can subject to the law.