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Forum Post: Why did Obama ship the recovery stimulus overseas?

Posted 11 years ago on Sept. 8, 2012, 8:05 p.m. EST by zerowageslave (2) from Point Pleasant Beach, NJ
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30 Comments

30 Comments


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[-] 6 points by turbocharger (1756) 9 years ago

6 years since the administration has changed hands on the sinking ship.

What did we get?

6 years of banker/wall st bailouts and perpetual war. And a LPR at 30 year lows.

It's gonna go into recession again soon, always does. Can't wait to see what this one looks like when the bailouts lose their pop.

[-] 2 points by MattHolck0 (3867) 9 years ago

china always had better tech than US

those jobs weren't shipped

[-] 2 points by notaneoliberal (2269) 11 years ago

You bring up a good point, but coming from the GOP, it becomes a joke. Though it can be hard to tell the difference. if anything the GOP is all down with "free market, free trade" bullshit to an even greater extent. When did Republicans ever opposed free trade? [other than Abe Lincoln]

[-] 2 points by bensdad (8977) 11 years ago

maybe TR

[-] 1 points by notaneoliberal (2269) 11 years ago

True, the real betrayal of the US began mostly with Reagan.

[-] 1 points by bensdad (8977) 11 years ago

check out the "powell memo"

[-] 1 points by notaneoliberal (2269) 11 years ago

Yeah,seems all his dreams have come true, and then some.

[-] 1 points by April (3196) 11 years ago

I'm not sure, but I don't think Powell intended or could have really forseen the negative consequences of his actions. I might be wrong. But I really don't think he was some evil genius. From what I understand, his was mainly a reaction to what he saw as an overreach of environmentalism. Unfortunately, his actions caused an even greater overreach of corporatism. Also to note is this roughly coincided with the Buckley decision. Not that it's related, but both of those things together have had significant influence. I think anyone that reads Powell must come away with a whole new understanding of the Chamber of Commerce.

[-] 1 points by notaneoliberal (2269) 11 years ago

I wouldn't call him an evil genius either. Especially the genius part. I had to go back and re-read it myself. that was from a while back. I would characterize him as typical of a certain mindset of that time, terrified of change, and not really in tune to the way corporations operated, even at that time. It does though, seem to go beyond just reacting to environmentalism, imo. He seems very threatened by anyone who dared to question the integrity of Big Biz. Anyone who quotes Milton Friedman with a deferential tone, won't get much sympathy or respect from me. Just in case anyone reading this thread wants to know what we are discussing, and doesn't already, here is a link. http://reclaimdemocracy.org/corporate_accountability/powell_memo_lewis.html

[-] 0 points by April (3196) 11 years ago

Outstanding points. Friedman, puke puke. Did you know his son is an anarcho-capitalist writer, advocate/activist. Just carrying on his fathers work to the next logical step.

[-] 1 points by notaneoliberal (2269) 11 years ago

Did not know about the son.

[-] 0 points by April (3196) 11 years ago

Makes sense though right? Look up David Friedman Crazy Person.

[-] 1 points by notaneoliberal (2269) 11 years ago

Yeah, I can quickly see there's nothing new here. Same old free market, Ayn Rand , neo feudal mentality with some new labels. edit; The rotten apple doesn't fall far from the tree.

[-] 1 points by bensdad (8977) 11 years ago

And THAT Powell was the same POWELL who "voted" for Buckley 1976

[-] 0 points by April (3196) 11 years ago

Seriously?! I'm not sure I knew that. I don't think that's something I would forget. ok scratch that above. Those things are related.

Maybe he was an evil genius!

[-] 1 points by bensdad (8977) 11 years ago

Lewis Powell - memo & appointed to SCOTUS by ????
tricky dick


If you want to study these issues please see dozens of documents and
60+ videos from Lessig & Chomsky & Sanders & Maher, etc

http://corporationsarenotpeople.webuda.com

[-] -1 points by zerowageslave (2) from Point Pleasant Beach, NJ 11 years ago

Is the GOP in favor of taxpayers funding outsourced manufacturing in other countries? I think not.

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[-] 0 points by zerowageslave (2) from Point Pleasant Beach, NJ 11 years ago

The hoopla is over tax payer $$$ being sent overseas to create jobs there.

Is it your stance that because a previous administration did something, it makes it OK?

I thought this was all about "Hope and Change" ?

Who is the Daily Kos? They don't sound like a news organization to me. Story is suspect. Especially with sentences like this: "So, the classified work at the US Embassy/Monitoring Station is being done by slave labor whose only qualification seems to be the ability to keep secrets because they can't speak either English or Arabic. "

Story is BS. Classified work doesn't get done by people with without clearances or foreign nationals. PERIOD.

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[-] 1 points by zerowageslave (2) from Point Pleasant Beach, NJ 11 years ago

And they were doing CLASSIFIED work? Really? Were they U.S. citizens or not?

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[-] 1 points by zerowageslave (2) from Point Pleasant Beach, NJ 11 years ago

Hey asshat, the story you cited in DailyKos had the statement

"So, the classified work at the US Embassy/Monitoring Station is being done by slave labor whose only qualification seems to be the ability to keep secrets because they can't speak either English or Arabic. "

CLASSIFIED WORK? Got it?

It's a LIE. It's not to be believed. The author makes stuff up to suit his own needs. The whole GD story is schit.

BACK TO THE SUBJECT AT HAND. Why did Obama ship the recovery stimulus overseas.

S T O P D I V E R T I N G

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[-] 1 points by zerowageslave (2) from Point Pleasant Beach, NJ 11 years ago

Horsesheit. We've still lost money on them. The TAXPAYER is owed $25 Billion by GM that we'll never see.

http://www.washingtonpost.com/business/economy/auto-bailout-was-not-unmitigated-success/2012/09/06/4edae4bc-f854-11e1-8398-0327ab83ab91_story.html

[-] 1 points by bensdad (8977) 11 years ago

Yes they are!
Dems tried to pass a measure to stop rewarding it
Rs in the house stopped it

[-] 1 points by zerowageslave (2) from Point Pleasant Beach, NJ 11 years ago

Horsesheit. Stop lying to cover for the donkeys.

[-] 1 points by notaneoliberal (2269) 11 years ago

I don't think you were talking to me here, but if I may jump in here, this is where I tend to diverge with your perceptions. Not your goals, but the way you seem to see this as an R/D issue. The issue of enabling off-shoring of jobs, has never been about the tax break deal. True it was an additional slap in the face to the US worker, but was a red herring. So is the story that the reason that US corps. have moved overseas is due to corporate tax rates. Sure, the corps would like to pay even less tax, but even if they paid 0 in taxes, (which is what many actually pay anyway) they would still send the jobs to the low wage, unregulated countries. The only defense to this practice is enacting tariffs. Free trade agreements eliminate or reduce tariffs. Both parties have been involved in pushing free trade.

[-] 1 points by DanielBarton (1345) 11 years ago

No i dont think they support that and there is is difference between the two outsourcing and offshoring

[-] 1 points by notaneoliberal (2269) 11 years ago

Both parties have supported outsourcing. Yes, in some cases, there have even been additional tax breaks added to the incentive of the cost savings of slave wages.