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2009-03-27 Economy

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Posted by Fred 2009-03-27 00:00|| || Front Page|| [1 views ] Top

#1 And meanwhile ask for stim money out of the other corner of mouth perchance? We have 5.5 Million Unemployed people right here at home. How about giving them some jobs? Business at the cost of any morality is no longer business, but corporatism. Even Jack Welch CEO of GE would agree with me there, as much of a bottomliner as he is known for . IBM does this crap time and time again, and they are doing just fine fiscally. There is more to being an American business than shareholder profit, or at least there should be. Our futures depend on still having some damn jobs here at home.

Posted by GirlThursday 2009-03-27 11:11|| 2009-03-27 11:11|| Front Page Top

#2 pardon, FORMER, CEO of GE.

Posted by GirlThursday 2009-03-27 11:14|| 2009-03-27 11:14|| Front Page Top

#3 Here are a couple of ideas on how to keep the jobs in the good old USA.
1. no card check
2. lower the corporate tax rate
3. reduce payroll taxes

Posted by bman 2009-03-27 11:18|| 2009-03-27 11:18|| Front Page Top

#4 Yes, but respectfully I dont think that explains the entire phenomena in IBM's case.

IBM has been playing musical factories since the 80's. hire and fire. hire and fire. They are fiscally irresponsible perhaps? In fact, some programmers I know that work there locally EXPECT to be laid off. IBM is like a binge and purge drunk prom queen, they need to reign it in a bit.

Posted by GirlThursday 2009-03-27 11:28|| 2009-03-27 11:28|| Front Page Top

#5 IBM is famous for bringing in H1B visa workers, laying off their American engineers and programmers and then offering to rehire them as contractors for $25/hour.

Posted by Uleck Panda2492 2009-03-27 11:38|| 2009-03-27 11:38|| Front Page Top

#6 Thank you Panda! And I should pity IBM why again??

Posted by GirlThursday 2009-03-27 11:42|| 2009-03-27 11:42|| Front Page Top

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