White house goes after Fox News

[lindajdunn]

At their plant in Nashville, over 70% of their employees are temps that they do not provide health insurance for anyway

Yes. That's another way of getting around the problem. Former co-workers were given the choice of being unemployed or becoming individual subcontractors which are not, one notes, the same thing as an employee.

One can eliminate many costs simply by changing a label.

[Bayou Bum]

Well as far as poverty and manufacturing jobs you can help with both by providing tax incentives to corporations that open new manufacturing plants in the US. If it is worthwile for corportations to create jobs in the US they will be less likely to ship them overseas. The reason for shipping the jobs overseas is purely a cost basis. I would think if the costs are similar, that corporations would likely keep the Jobs in the US as the goodwill brought by job creation will make up for small differences in costs.

I'm glad I asked. Your answer surprised me. I agree, lowering corporate taxes would help.

As far as corporate profits and CEO's go, I have a couple of suggestions. First, stop this quarterly reporting nonsene to wall street investors. Too much is made of short term gains as a corporate philosphy due to worries about stock prices over long term growth. I would also like to see us eliminate Stock Options as an investment/compensation tool. Thus placing more emphasis on long term growth rather than short term profit taking.

Interesting idea on eliminating quarterly reporting. I agree with the over emphasis on short term gains but isn't that due to the shareholders and isn't that what Stock Options are supposed to be used for, long term stock gains? I do see a potential conflict with #1. On one hand, we are complaining about excessive corporate profits and then providing tax incentives to increase those same profits in exchange for jobs.

By providing jobs for the community, we would be improving the "Community Good" More people that work, the better it is for society as a whole.

I agree. But that is the capitalist approach. What can the government do except provide incentives listed above to provide local jobs? So far, the answer is for companies to provide more jobs. While this helps the poverty issue, and overall increases tax revenue due to more people earning income and paying more in taxes than the tax incentives, it doesn't do much for extremely high executive salaries and helping those that don't want to work. So far, it doesn't seem to differ that much from a Conservative economic position.

Of course the other mechanic in the investment market I want to see eliminated is the Vix, or the Volitility indicator. Basically people investing money and gambling on fear that is present in the market.

How is this different from people taking their money and going to Vegas? I don't care what they do as long as they don't expect me or the government to bail them out. Personally, I think the government should provide bailouts. In my opinion, doing so only takes money from the middle class (taxes) and provides it to those who caused the problem (rich CEO's and investors).

[fencerchica]

Tax cuts wouldn't be sufficient to bring costs in line under what they are overseas. For example, Dell computers has manufacturing facilities in Ireland, where they don't have to worry about providing health insurance for the employees. In places like China, manufacturers can take advantage of prison labor and child labor without social agencies or OSHA butting in.

It's a complicated problem that cannot be resolved with simple solutions.

QFT. I was about to post something similar to the above, but Linda beat me to it. So: corporate taxes are only part of the story.

[lindajdunn]

http://thinkprogress.org/2009/11/18/...wd-shot-palin/

Allegedly, Fox News showed a crowd clip from the campaign in 2008 and said it was from a book signing.

They need to do something about the guy in the projector room who runs those newsreels.

[keith]

I don't care what they do as long as they don't expect me or the government to bail them out.

Hang on. Don't the rich provide the money and ambition that drives the entire US economy? These are the people who pay for everything, without them the entire economy would grind to a halt and the nation would be reduced to penury. It is their money that funds the government so why should they not be entitled to getting some of it back!

[erik_blank]

Hang on. Don't the rich provide the money and ambition that drives the entire US economy? These are the people who pay for everything, without them the entire economy would grind to a halt and the nation would be reduced to penury. It is their money that funds the government so why should they not be entitled to getting some of it back!

But where did they GET the money in the first place?

[keith]

But where did they GET the money in the first place?

Should we be paying the dinosaurs royalties for gas?

Once you assume that the only thing that makes america great is the capitalist endeavor the poor beasties are due any and all support.

[jeff]

Should we be paying the dinosaurs royalties for gas?

No, but we should stop mocking them with pictures of their deceased relatives at gas stations.

[Slim]

http://thinkprogress.org/2009/11/18/...wd-shot-palin/

Allegedly, Fox News showed a crowd clip from the campaign in 2008 and said it was from a book signing.

They need to do something about the guy in the projector room who runs those newsreels.

Cool. What's Sara Palin wearing today?

[Slim]

But where did they GET the money in the first place?

Maybe some of them worked for it?

[Inquartata]

Who, the dinosaurs?