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1880's railroad engineering
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<P mce_keep="true">[quote user="henry6"] <P>[quote user="Bucyrus"] <P>] <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=3><FONT face="Times New Roman">It seems to me that if a company believes they can make more money by going offshore and it backfires on them, then it was a matter of bad business judgment or simply a business mistake.<SPAN style="mso-spacerun: yes"> </SPAN>But you seem to be saying that they were greedy and thus wanted too much too fast.<SPAN style="mso-spacerun: yes"> </SPAN>You also seem to be suggesting that private companies have some sort of civic duty to make the country collectively more well off even if it means that such companies will make less money in the process.<SPAN style="mso-spacerun: yes"> </SPAN></FONT></FONT></P><FONT size=3><FONT face="Times New Roman"> </FONT></FONT> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face="Times New Roman" size=3>But is it not good business sense to want your business to make as much money as it possibly can in as short of a time as possible?<SPAN style="mso-spacerun: yes"> </SPAN>Should companies settle for less profit if by doing so, they can remain in the U.S. as a favor to the U.S. citizens who want jobs?</FONT></P><FONT size=3><FONT face="Times New Roman"> </FONT></FONT> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face="Times New Roman" size=3>Question:<SPAN style="mso-spacerun: yes"> </SPAN>How has the fact that companies have moved offshore yielded a dumbing of the American public?</FONT></P><FONT size=3><FONT face="Times New Roman"> </FONT></FONT> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face="Times New Roman" size=3>There are many companies that move their production offshore with great success to their business.<SPAN style="mso-spacerun: yes"> </SPAN>Would they be greedy and shortsighted just like the companies which were unsuccessful in going offshore?</FONT></P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"></SPAN> </P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">And one more question:<SPAN style="mso-spacerun: yes"> </SPAN>What exactly is greed when it comes to business?<SPAN style="mso-spacerun: yes"> </SPAN>How do you know when you cross the line?</SPAN></P> <P>[/quote]</P> <P>What is patriotism? If a business is considered a citizen of a country, uses the country and its people to prosper, then it should also have an obligation to support that country. The private citizens are expected to be "patriotic" so why shouldn't business "citizen". A business can, and should, make as much money in as short a time as possible. But at what cost? Destroying its home, not employing the people expected to buy the product, and not looking out for its own future as well as that as the community to which it operates are short sighted and greedy. You cross the line when neither your employees nor your neighbors have enough economic clout to keep you in business. Wouldn't a company that took less up front, took its time getting a return on its investment, keep that business going longer not for the employees or the country, but for itself; rather than running its course in a year or less, it might support the investor for 20 or 30 or even 50 years. That's what the old line Robber Barons did but not what today's Greed Barons do.</P> <P>Another factor of investors and small business people I have dealt with are those who use computer models to operate their business. They do not have any knowledge of their product or service, have no "feel" or talent for the business they are in, and quickly fail, often leaving creiditors hanging. Too many businesses that fail are not good for the economy either.</P> <P>[/quote]</P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT size=3><FONT face="Times New Roman">When a company uses the country and its people to prosper, it fulfils its obligation by paying wages and taxes.<SPAN style="mso-spacerun: yes"> </SPAN>Employing the people expected to buy the product is not part of the deal.<SPAN style="mso-spacerun: yes"> </SPAN>Nor is forgoing profit so it can employ more people than needed.<SPAN style="mso-spacerun: yes"> </SPAN>I have my idea of what patriotism is but when you frame it as an obligation to support the country, it sounds more like socialism than patriotism.<SPAN style="mso-spacerun: yes"> </SPAN></FONT></FONT></P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"></SPAN> </P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">In a free market system, it seems to me that when a company tries as hard as it can to be make a profit, it is doing everything for the country that it can be expected.<SPAN style="mso-spacerun: yes"> </SPAN>So, I am still not sure what you mean by greed as applied to business.<SPAN style="mso-spacerun: yes"> </SPAN>I hear that charge every day but have yet to find anybody who can explain it.<SPAN style="mso-spacerun: yes"> </SPAN>If a business is expected to make every dollar it possibly can, how can it do so when you impose all these unquantifiable social obligations on it.<SPAN style="mso-spacerun: yes"> </SPAN></SPAN></P>
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