Outsourcing Jobs and USA's Greed
Quote:
Originally Posted by Fengzi
One other thing, don't confuse revenue with net profit. For example, General Motors had revenue of $206 billion in fiscal 2006 yet still posted a loss of close to $10 billion (ouch!!) Maybe they need to outsource a bit more ;)
I'm sorry, but I really don't think that's a huge loss. They only cleared 196 billion? Those poor dears. I do hope they're clipping coupons and shopping at Sav-A-Lot.
What type of job do you have that you can afford to be so smug about this?
Oh, and I cannot post the name of my fiance's company for obvious reasons. He posts here, and I don't want to blow his anonymity. But looking back over my posts, I do see that I made a typo. Not 24 billion, that's just dumb. It was supposed to be Two Point Four. I should type it like that from now on. :o
Outsourcing Jobs and USA's Greed
Quote:
Originally Posted by Mrs. Greenjeans
I'm sorry, but I really don't think that's a huge loss. They only cleared 196 billion? Those poor dears. I do hope they're clipping coupons and shopping at Sav-A-Lot.
What type of job do you have that you can afford to be so smug about this?
Oh, and I cannot post the name of my fiance's company for obvious reasons. He posts here, and I don't want to blow his anonymity. But looking back over my posts, I do see that I made a typo. Not 24 billion, that's just dumb. It was supposed to be Two Point Four. I should type it like that from now on. :o
No, no, no, Mrs. Greenjeans. A $10 billion loss doesn't mean that they still made $196 billion. LOL. It means that, when everything was said and done, salaries, suppliers, taxes, etc. were paid; they had $10billion less in the bank. In other words, they earned $206 billion but spent $216 billion last year. Well, at least we we now know you don't understand the difference between revenue and profit.
As for not being able to post the name of your fiance's company, either your very paranoid or...... Even if the company only made a $2.4billion profit in a quarter, it's still a huge company with hordes of employees. I hardly doubt that stating the company's name here would jeopardize his anonymity. It's like me stating that I live in San Jose, CA. Huh? What's that?? The cops are at the door! Oh nooooooooooooooooo :eek:
Outsourcing Jobs and USA's Greed
ya lol its kinda a big deal when ur company loses 10billion dollars... GM has some huge problems that they are gonna needa address very soon
Outsourcing Jobs and USA's Greed
Quote:
Originally Posted by Fengzi
It's like me stating that I live in San Jose, CA. Huh? What's that?? The cops are at the door! Oh nooooooooooooooooo :eek:
Hey, be careless if you want to. I'm not stating anything that could be used to identify him, period. It's not my place to do so.
Quote:
Even if the company only made a $2.4billion profit in a quarter, it's still a huge company with hordes of employees
I said that his division, which is one of 15, made a Two Point Four billion profit. That's profit, not revenue.
I was talking about profit.
Outsourcing Jobs and USA's Greed
Quote:
Originally Posted by Thepossumdance
ya lol its kinda a big deal when ur company loses 10billion dollars... GM has some huge problems that they are gonna needa address very soon
Basically the entire U.S. auto industry. Ford pretty much sold it's soul to the banks recently and Chrysler is up for sale but nobody wants them. I really do hope the big three can come around though. As much as I am in favor of outsourcing, and even though I personally drive a Honda, I'd hate to see a company like Ford go the way of the dinosaur. Hell, Henry Ford is pretty much responsible for the modern automobile industry.
Oddly enough though, Toyota employees far more Americans than any other automotive companies in the U.S. And as far as "buying American" goes, the car with the highest proportion of U.S. made content is the Toyota Sienna.
Outsourcing Jobs and USA's Greed
i believe even honda is more "american made" than all the major american car producers
and to be fair u did originally say 24 billion...
Outsourcing Jobs and USA's Greed
Quote:
Originally Posted by Mrs. Greenjeans
Hey, be careless if you want to. I'm not stating anything that could be used to identify him, period. It's not my place to do so.
I said that his division, which is one of 15, made a Two Point Four billion profit. That's profit, not revenue.
I was talking about profit.
Oh well, I can guess. There's really only two possibilities anyhow and I know which one recently opened a call center in Costa Rica. Both of those two companies made less than a 7% profit for fiscal 2006. Not bad, but it could have been less and, if it's the one I'm thinking of, they were'nt doing nearly as good 2-3 years ago. Anyhow, the point I'm trying to make is that the numbers don't always look as good as they may seem.
Outsourcing Jobs and USA's Greed
Wow... I opened up a big can of worms with that short essay. Luckily I have Fengzi the comical genious on my side, I think I saw another person on this thread who took an economics class and understands economies. AP Economics is my favorite class. My Economics teacher goes to alot of conferences! Oh no! Police at me door! O shivver me timbers, I better not write that I live on earth, then every authority will get me! *Agent puts gun to my head and forces me to type* Yes.. All put your info on the web, we the police I mean I am going give $40 if you confess your crimes and give social security numbers... USA 4 Teh WiN! Pay TAXeS GooD!
Outsourcing Jobs and USA's Greed
Don't be a dick Hashman. If my dude wanted his personal business all over the net, he'd put it there himself. And you were so busy clowning, you didn't answer my questions about your mother. They weren't rhetorical. I want to know.
Fengzi, you're right, his company wasn't doing as well 3 years ago. And what I'm saying is, that the people in power haven't had to compromise their standards of living, despite posting losses. They leave that to people like my fiance. It's the regular folks who take the hit.
Outsourcing Jobs and USA's Greed
ok all of you economics geniuses out there, here is a little REAL WORLD economics for you. of the positions out-sourced and occupied by illegal immigrants, a majority are considered entry level or non/semi-skilled positions. these are the jobs that give you that start in your long and illustrious career as an american wage slave, a necessary toe hold on your climb into the real world. in the states illegals tend to remain in those positions. being satisfied with a lower standard of living, they will remain in those jobs and keep others (citizens) from using those positions as stepping stones to better things. once those jobs have been out-sourced they have simply disappeared from the country and are completely unavailable for those who are starting out. with fewer avenues of access into the job market, fewer lower-class citizens can make the climb into the middle-class and fewer middle-class young adults can maintain their standard of living. with fewer people rising into the middle-class and many being forced out of it, a vast wasteland starts to develop between the haves and the have-nots.
the elimination of the middle-class seems to be a constant theme within the globalists' play book. while spouting such numbers as that 4.6% unemployment rate you seem to forget how deflated these statistics are. they don't/can't take into account those who have opted out of the system entirely. by being forced out of the employment marketplace many have created a new ghost economy outside of the established controls. even if we were to use the official statistics, that would mean 1 out of every 20 workers cannot find a job. i believe the real numbers are at least double that and that means that about 10% of our workforce must find unofficial means of employment or make use of our already strained welfare and unemployment systems.
though we are all for raising the standard of living across the globe, to do so at the expense of our own citizens is foolhardy at best. by robbing peter to pay paul we are creating pockets of third world existence within one of the most prosperous nations on earth and to do this in order to line the pockets of those who are already sickeningly wealthy is downright evil. you might be willing to see these sacrifices being made at the altar of capitalistic greed and world domination, but that is not the dream on which this nation was founded. we can't save the world by giving away what we have worked so hard to accumulate, we will only bring ourselves down with the rest of them.
