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Sorry...Another China rant...

Started by RECHRGD, March 28, 2011, 09:30:20 AM

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RECHRGD

Are any of you old enough to remember when major household appliances lasted decades?  Well I am and I'm fed up with the crap being manufactured now.  We bought a new high end Whirlpool side by side refer about 3 years ago and got the extended warranty because of all the electronics in it.  Thank God, because we've had to have the ice maker repaired twice and a foul odor dealt with in the short time we've had it.  Eighteen months ago we bought a new Freezer (no extended warrantee on this one) to replace the 22 year old unit we had in the shop.  A few days ago the fan started making some noise and now the fan is dead and thousands of dollars of steaks and frozen food are starting to defrost.  I live out in the country and the service center said there is no guarantee that they will be able to fix it on the first trip out.  Sooo I bought a new one and it will be delivered this morning so we can try and save most of the meat.  I'll fix the "old" one myself and sell it.  The last repairman that was out here to deal with the refer said that there are no appliances left anymore that are made in America regardless of brand name.  Everything is either made in China or assembled from all Chinese components and that they just won't last like they used to.  I recently replaced my alternator on the Charger for a higher amperage American made unit.  When I looked at the one season old Napa Chinese rebuilt one that I replaced, you could tell that the bearings were getting ready to go on it.  It would have left me stranded somewhere! :brickwall: :brickwall:  It's just sad and you still get charged up the butt for this junk.  Rant over.   Bob
13.53 @ 105.32

ChgrSteve67

I hear you brother.  Last weekend I had to replace my washer and dryer that lasted over 20 years.
I figure they will probably last just past the 5 year factory warenty.

Hard to find anything of quality these days and even if they made them in America they would be made out of the same plastic and other crap that just dosen't last like metal does. Its considered good business these days to design in built-in obsolescence.

-Steve

bull

I'm not going to defend the Chinese but they are doing exactly what they are expected to do. I'm more concerned about an America that's comfortable turning its GDP, pride and sovereignty over to some other nation in trade for a quick buck.

lisiecki1

Quote from: bull on March 28, 2011, 10:09:20 AM
I'm not going to defend the Chinese but they are doing exactly what they are expected to do. I'm more concerned about an America that's comfortable turning its GDP, pride and sovereignty over to some other nation in trade for a quick buck.

amen.

all loans eventually come due.
Remember the average response time to a 911 call is over 4 minutes.

The average response time of a 357 magnum is 1400 FPS.

http://www.dodgecharger.com/forum/index.php/topic,52527.0.html

Hemidog

If you don't mind norwegian subtitles, here's an interesting documentary about planned obsolescence.
http://dotsub.com/view/aed3b8b2-1889-4df5-ae63-ad85f5572f27

twodko

Quote from: bull on March 28, 2011, 10:09:20 AM
I'm not going to defend the Chinese but they are doing exactly what they are expected to do. I'm more concerned about an America that's comfortable turning its GDP, pride and sovereignty over to some other nation in trade for a quick buck.

Word!
FLY NAVY/Marine Corps or take the bus!

Richard Cranium

When my wife & I were first married, we bought a fridge for about a grand & 10 years late when we moved into our 2nd house, a larger fridge was less money. So, what does that tell you?


I had the compressor go on a 7 year old fridge a couple of summers  ago & the repair man told me that it wasn't worth fixing because a new compressor (installed) would be 3/4 the cost of a rnew fridge. The repairman said that because of the energy ratings that are imposed, they manufacture the lightest duty compressor as possible to meet those energy ratings, however, he did say that replacement compressors do not have to meet those same ratings & are built heavier. Whether he was giving me a line of crap or not; I don't know.

It seems that nearly eveything that comes out of China is build like crap and because of that, we have become more of a disposable society than ever.
I am Dr. Remulac

bakerhillpins

Quote from: ChgrSteve67 on March 28, 2011, 09:57:03 AM
I hear you brother.  Last weekend I had to replace my washer and dryer that lasted over 20 years.
I figure they will probably last just past the 5 year factory warenty.

Warranties are designed to be just under the MTBF of the unit so it's no mistake that it happens that way. I've gotten real good at finding parts diagrams on the web and just ordering the parts direct and doing the replacement. Though at a certain point it's disposable. If I had a choice I would spend to make it last but I don't get that option any more..

Quote from: twodko on March 28, 2011, 11:48:31 AM
Quote from: bull on March 28, 2011, 10:09:20 AM
I'm not going to defend the Chinese but they are doing exactly what they are expected to do. I'm more concerned about an America that's comfortable turning its GDP, pride and sovereignty over to some other nation in trade for a quick buck.

Word!

+1
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"Inspiration is for amateurs - the rest of us just show up and get to work." -Chuck Close
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Go that way, really fast. If something gets in your way, turn.
Science flies you to the moon, Religion flies you into buildings.

Brock Samson


Dans 68

Quote from: Brock Samson on March 28, 2011, 02:46:26 PM
our guy passed today...
http://www.joebageant.com/joe/

Interesting character...but why is he our guy? He should have his own thread.  :yesnod:

Dan
1973 SE 400 727  1 of 19,645                                        1968 383 4bbl 4spds  2 of 259

Brock Samson

Why?.. because he was one of us, hard working Americans.. hence, our guy.

LeeBoy

I bought several used refrigerators for my garage and they would only last a year. Then a friend told me his mother had this old Frigidaire from the 50's that I could have for free. This thing will freeze the beer line on my tap system if you turn it up to high. The Hurst tap handle is fun
My 68 Charger build http://www.dodgecharger.com/forum/index.php/topic,41318.0.html
2008 Jeep Wrangler Unlimited, 2005 HEMI Ram( totaled with only 27,000 miles on it!), 1977 Power Wagon (Sold), 1977 Plymouth Trailduster, 1974 360 Cuda, 1973 Satellite Sebring Plus, 1973 D200 Adventurer Sport, 1968 Charger (sold), 1965 Dart (sold)

RECHRGD

OK, here's what made be buy a new freezer and have to throw out several hundred dollars worth of food this morning.  I doubt the manufacturer pays more than a $1.50 for this fan (made in taiwan) and puts it in a $800.00 freezer as a critical part.  As you can see, the fan blades had worn into the screws, eventually stopping the fan.  It didn't take much pressure at all to pull the fan blade back away from the screws.  The fan still works fine, but with the counter clock wise rotation it slowly pushes itself on the spindel back into the screws.  You'd think they could at least have a ridge in the spindel to prevent this or maybe even get the fan on tight to begin with.  Such quality! ::) ::)  I think I'm going to start raising some hell about this.  Bob
13.53 @ 105.32

Old Moparz

I learned a long time ago that buying the more expensive item, in whichever line of item you are buying, doesn't get you quality. I had bought an expensive CD changer in the early 90's & it died 1 month after the warranty expired. Replaced it with a cheap one without a remote, & I still have it 18 years later. It doesn't seem to matter where it's from either, China, Mexico, etc. From now on I buy the lower end unit so I don't get shafted in a disposable society. It has nothing to do with being a tight-wad, which I'll admit to, but if something is going to crap out in just a few years, not 20 years, I'll feel better knowing I spent less.

Buying high end to impress people isn't me, so I don't give a rat's ass what people think. My wife & I bought a GE Profile fridge that was around $1700 or so. We wanted it because of certain features. In less than 2 years, the main electronics crapped out, we lost a lot of food that thawed out. The doors were replaced 3 times due to ripped seals or just misalignment, & the doors on it now have ripped seals. I have one last set of doors ready for when these fall off that GE sent, but only after writing a letter telling them their stuff sucks & that I won't buy it again.

When we bought a dishwasher a few months ago it was an Amana for $198 & not the nicely featured ones for $1000 or so. If I get 10 years or more out of the $198 one I'll be happier than a pig in shit. If I only get a few years out of it, I won't feel as bad ripping it out from under the cabinet & dragging it to the dump compared to a $1000 one.   :Twocents:

Murphy's Law states, 90% of everything is crud.
               Bob               



              Going Nowhere In A Hurry

Tilar

Quote from: LeeBoy on March 28, 2011, 04:50:01 PM
I bought several used refrigerators for my garage and they would only last a year. Then a friend told me his mother had this old Frigidaire from the 50's that I could have for free. This thing will freeze the beer line on my tap system if you turn it up to high. The Hurst tap handle is fun

I have an old Kelvinator fridge that was in my grandmothers basement in a corner. Probably hadn't been plugged in in the last 25 years. After she passed away we pulled it out of the basement and plugged it in and it works great. Probably needs another seal around the door but it gets the old freezer down to roughly 8 degrees. I'm guessing it's probably 60 years old.

It would make a good keg fridge too.
Dave  

God must love stupid people; He made so many.



LeeBoy

Quote from: Tilar on March 28, 2011, 07:01:43 PM
Quote from: LeeBoy on March 28, 2011, 04:50:01 PM
I bought several used refrigerators for my garage and they would only last a year. Then a friend told me his mother had this old Frigidaire from the 50's that I could have for free. This thing will freeze the beer line on my tap system if you turn it up to high. The Hurst tap handle is fun

I have an old Kelvinator fridge that was in my grandmothers basement in a corner. Probably hadn't been plugged in in the last 25 years. After she passed away we pulled it out of the basement and plugged it in and it works great. Probably needs another seal around the door but it gets the old freezer down to roughly 8 degrees. I'm guessing it's probably 60 years old.

It would make a good keg fridge too.
That's what mine is for, keeps the beer so cold it hurts your teeth when you drink it.
My 68 Charger build http://www.dodgecharger.com/forum/index.php/topic,41318.0.html
2008 Jeep Wrangler Unlimited, 2005 HEMI Ram( totaled with only 27,000 miles on it!), 1977 Power Wagon (Sold), 1977 Plymouth Trailduster, 1974 360 Cuda, 1973 Satellite Sebring Plus, 1973 D200 Adventurer Sport, 1968 Charger (sold), 1965 Dart (sold)

charger490

rechrgd     your home owners insurance should pay for the food you lost

bobs66440

Probably the worst quality items are CD players...They are inexpensive, yes, but most we've bought recently last like a couple of weeks and poof! Done. They know that for $30. or whatever you're not going to take it back. That, to me, is just wrong.

And those stupid RC helicopters that you fly indoors. I keep falling for that scam and continue to get burned...yes I am an idiot...not any more. Positively useless junk.

Silver R/T

We have Kenmore Elite fridge as well as washer/dryer made by Kenmore. Not sure where they made, had them for ~5yrs.
I do not care for Chinese junk either.
http://www.cardomain.com/id/mitmaks

1968 silver/black/red striped R/T
My Charger is hybrid, it runs on gas and on tears of ricers
2001 Ram 2500 CTD
1993 Mazda MX-3 GS SE
1995 Ford Cobra SVT#2722

Charger RT

china stuff sucks
I did find a washing machine built in ohio by Americans. I bought one 3 or 4 years ago with no issues. It is built to be repaired by the owner and they will send the owner the warrenty parts to install. It is a Staber.
Tim

RallyeMike

Bull is on target. Before we start pointing the finger East, a little review is warranted. The fact is that we got exactly what we demanded, and the Chinese were smart enough to make a buck giving it to us.

The average and plentiful American consumer won't pay for quality. Just big, flashy, and cheap. It's our own fault that Walmart has run every mom and pop business out of town, it's our own fault that the store shelves are packed with cheap crap, and it's our own fault that our manufacturing jobs have been shipped overseas to make the cheap crap we demand. It's not like all the companies that made durable goods just up and quit. We, the consumers of this nation put them out of business.

I don't have any answers. I think we're stuck with it. Our world is one where so few people are proud of what they make or do anymore. It's just all about a quick buck, and don't worry about tomorrow.
1969 Charger 500 #232008
1972 Charger, Grand Sport #41
1973 Charger "T/A"

Drive as fast as you want to on a public road! Click here for info: http://www.sscc.us/

bull

Another thing that scares me now is that China is actually starting to turn out quality products. Not much but it is out there. For example, Worx boots is a Red Wing Chinese brand and they are the best work boot I've ever owned. Granted, I have never owned a pair of top of the line Red Wings but I have owned many different brands of boots including Danner, Wolverine, Doc Martin, Georgia, Sorel, etc., and this Worx boot is the only one that has impressed me enough to track down the model I had and buy it a second time. Though they are about three years old I could have worn them for probably another three years but instead I took them home and bought a new pair.

Anyway, my point is that it is inevitable that some of these Chinese companies will figure out that quality is a good thing for company morale, longevity, profitability, etc., and if/when that happens enough the last remaining reason to "Buy American" will also disappear. Think about it. Why buy an awesome pair of American made boots for $220 that last 10 years when you can buy and awesome pair of Chinese made boots for $120 that last 10 years?

I will always buy American when I can, and when I'm relatively sure the sure the "Buy American" thing isn't just a ploy to squeeze me for more cash. For instance, I always buy Channellock products because their hand tools are made in the USA and the prices are not much higher than some of the Chinese junk out there. I feel some amount of pride when I use a Channellock tool but on the other hand I feel like I'm getting played or being taken advantage of when I shop Snap-On or Cornwell. Their prices are outrageously high and I honestly believe it's gotten worse since this whole Buy American thing began. It's stupid what they charge and I believe it's going to cost them in the long run. I'd rather do a little research and buy some other American made tools that don't cost as much as a small house.

http://www.stillmadeinusa.com/tools.html

bull

Quote from: Charger RT on March 28, 2011, 09:05:15 PM
china stuff sucks
I did find a washing machine built in ohio by Americans. I bought one 3 or 4 years ago with no issues. It is built to be repaired by the owner and they will send the owner the warrenty parts to install. It is a Staber.
Tim

http://www.stillmadeinusa.com/appliances.html

mikesbbody

Do you Guy's not have Fisher & Paykel appliances over there? we have always had them and they have been Great!

Old Moparz

I don't believe we did this to ourselves, corporate greed did it.

http://www.huffingtonpost.com/dave-johnson/plutocracy-ge-doesnt-pay_b_840936.html

Perfect example is G.E. The company made record profits, is one of the largest companies in the world, got government incentives worth $3.2 Billion, has closed US plants over & over to move operations overseas, is forcing it's employees to fund their own health benefits fully, & did not pay a penny in taxes.

               Bob               



              Going Nowhere In A Hurry

bull

Quote from: Old Moparz on March 29, 2011, 07:33:18 AM
I don't believe we did this to ourselves, corporate greed did it.

http://www.huffingtonpost.com/dave-johnson/plutocracy-ge-doesnt-pay_b_840936.html

Perfect example is G.E. The company made record profits, is one of the largest companies in the world, got government incentives worth $3.2 Billion, has closed US plants over & over to move operations overseas, is forcing it's employees to fund their own health benefits fully, & did not pay a penny in taxes.

But don't they bring good things to life?

Old Moparz

Quote from: bull on March 29, 2011, 09:31:39 AM
Quote from: Old Moparz on March 29, 2011, 07:33:18 AM
I don't believe we did this to ourselves, corporate greed did it.

http://www.huffingtonpost.com/dave-johnson/plutocracy-ge-doesnt-pay_b_840936.html

Perfect example is G.E. The company made record profits, is one of the largest companies in the world, got government incentives worth $3.2 Billion, has closed US plants over & over to move operations overseas, is forcing it's employees to fund their own health benefits fully, & did not pay a penny in taxes.

But don't they bring good things to life?


Not in my house.  :lol:
               Bob               



              Going Nowhere In A Hurry

Patronus

The real question is what are we going to do about it?
'73 Cuda 340 5spd RMS
'69 Charger 383 "Luci"
'08 CRF 450r
'12.5 450SX FE

Old Moparz

Quote from: Patronus on March 29, 2011, 02:49:40 PM
The real question is what are we going to do about it?


It'll probably take a rebellion.

Maybe the Chinese will give us air support as a big favor for buying all their stuff.   :shruggy:
               Bob               



              Going Nowhere In A Hurry

Ghoste

We didn't do anything after handing the steel and auto industries away to foreign companies, why would this be any different?  We much prefer to be a society based on the service industry and so far, China and Japan haven't come up with a cheaper burger chain, but I'm sure they're working on it. (and we'll line up like sheep to save ten cents on those yummy Big Lin Chow burgers when the time comes)

Old Moparz

I know what you mean using the word "we" as in handing it over, or what should be done, but realistically it's just a small number of mega wealthy corporations that have done it for their own benefit. It isn't limited to blaming one political party over the other, they are ALL guilty of bending over to corporations.

http://www.ips-dc.org/articles/stop_corporate_tax_dodging_talking_points_and_background_information

Most of us pay more in taxes than many U.S. corporations, and corporate tax avoidance has increased dramatically in the last 50 years.

Nearly 19,000 global corporations have a mail drop at Ugland House, a single building in the Cayman Islands. Ugland House is the legal address of these overseas corporate subsidiaries, many set up for the purposes of avoiding taxes.

You Pay More Money In Taxes Than Many Well-Known U.S. Corporations. The 10 bucks in your pocket is more than many of the largest U.S. corporations paid in U.S. taxes including: Bank of America, Verizon, General Electric, Boeing, and Citigroup. Other companies like Federal Express and ExxonMobil pay effective rates of less than 10 percent (even though the official corporate tax rate is 35%). These same companies pay their CEOs and top managers millions in salary and perks – and spend millions lobbying the U.S. Congress for preferential tax and regulatory treatment.

Corporate Tax Dodging Takes Money Out of the Pockets of the Middle Class and Hurts America. Corporations use tax havens and loopholes to siphon money and jobs offshore – while not paying their fair share of taxes for infrastructure, public services and the investments that have historically built the US middle class, including K-12 and higher education.

We Are Not Broke: Governments Are Cutting Budgets and Jobs When They Should Be Closing Corporate Tax Loopholes. Irresponsible politicians have drained state and federal budgets by giving corporations huge tax breaks and allowing them to dodge taxes through overseas tax havens. Our elected leaders should plug up these corporate tax loopholes before they cry "broke."

Making Corporate Tax Dodgers Pay Their Fair Share Would Make Cuts to State Budgets Unnecessary. States are facing the worst budget gaps in living memory. The Center on Budget and Policy Priorities estimates that the combined budget gaps in all U.S. states is over $102 billion. Meanwhile, closing overseas tax havens would generate an estimated $100 billion! You do the math.

Corporate Tax Dodgers Hurt Domestic U.S. Businesses. Tax havens punish responsible businesses that have to compete unfairly against tax dodgers. A domestic U.S. business that pays its taxes is at an unfair disadvantage with multi-corporations that game the system and shift profits to low or no tax havens. A new coalition has formed called "Business and Investors Against Tax Haven Abuse."

Tax Havens Cost Us All. When you combine tax avoidance by both wealthy individuals and multinational corporations, tax havens cost the Treasury as much as $123 billion a year. Responsible businesses and individual taxpayers like us pick up the slack to pay for the services all of us use.

Corporate Tax Avoidance Has Dramatically Increased Over The Last Several Decades. In the 1950s, almost a third of federal revenue came from corporate income taxes. By 2009, it had declined to 10 percent.2 Corporations are paying less and middle class individuals are paying more.

The Largest Global Corporations are among the Worst Culprits. Tax avoidance is a global problem. Corporations exploit gaps and loopholes in domestic and international tax law that allow them to shift profits from country to country, often to or via tax havens, with the intention of reducing their taxes. Lack of transparency and reporting allows this tax avoidance to occur on a huge scale.

Secrecy is a Problem! Tax havens are not only ways to reduce or eliminate taxes, but also a means for criminals and lawless corporations to circumvent the law, using secrecy as their primary tool. This is why the Tax Justice Network prefers to refer to tax havens as "secrecy jurisdictions."


               Bob               



              Going Nowhere In A Hurry

RECHRGD

Well, I didn't buy these appliances because they were cheap, because they weren't.  Whirlpool is a name that I grew up with and trusted to put out a good product.  Come to find out that they managed to buy out most of their competition (Maytag, Amana, etc.) so now the only difference in the product is whatever nametag is put on it.  So if you have no competition, there is no need to build a better product than the next guy.  You'll make a ton more profit by putting out junk that has to be replaced every few years and getting people to buy extended warranty's.  Gotta just love it.
13.53 @ 105.32

Old Moparz

EXAMPLES OF CORPORATE TAX DODGERS

BANK OF AMERICA: In 2009 and 2010, Bank of America didn't pay a single penny in federal income taxes, exploiting the tax code so as to avoid paying its fair share. They argue this is because they lost money. But we really don't know, thanks to over 115 subsidiaries in tax secrecy jurisdictions. There are 59 BoA subsidiaries in the Cayman Islands, 15 in Luxembourg, and 14 in Ireland. Bank of America received $336 billion in government bailout funds (second only to Citigroup). When it comes to paying their top managers and influencing elections and government, they don't hold back. Between 2007 and 2010, during the economic meltdown triggered in part by their reckless actions, Bank of America's PAC and employees donated $5.184 million to federal campaigns. During these same years, they spent $17.3 million lobbying the federal government. Bank of America paid their CEO Thomas Montag $29 million in 2009.

BOEING CORPORATION: Over the three year period from 2008 to 2010 had total pre-tax profits of $9.7 billion but did not pay a dime of its profits in federal taxes. Boeing Corporation has 38 subsidiaries in foreign tax haven jurisdictions. At the end of February 2011, the U.S. government granted Boeing a contract worth $35 billion to build airplanes.

VERIZON: Take out your Verizon phone bill. See the part of the bill where you paid taxes? $2 dollars? Guess what? You paid more taxes on your phone bill than Verizon paid in 2009 and 2010 in federal U.S. corporate taxes. They reported $24.2 billion in pre-tax U.S. income, and yet claimed a federal corporate refund of $1.3 billion. The company has $1.2 billion in unrepatriated foreign assets, money it is keeping offshore in order not to take tax reserves against it.

FEDERAL EXPRESS: Federal Express reported over $1.9 billion in U.S. profits, but paid only $1 million in federal corporate income taxes over the last 2 years, for an effective tax rate of .05 percent. While FedEx only paid $1 million in taxes over 2 years, they spent nearly $42 million lobbying Congress. They have 21 subsidiaries in tax havens including 3 in the Cayman Islands and 3 in Ireland.

GENERAL ELECTRIC: In General Electric, they consider their Accounting Department to be a "profit center," working to avoid taxes. Between 2006 and 2010, General Electric told their shareholders they had $26.3 billion in profits, but paid no U.S. taxes. In fact, they got $4.2 billion in rebates, so their effective U.S. tax rate was negative 15.8 percent. In 2009, General Electric — the world's largest corporation — filed more than 7,000 tax returns and still paid nothing to U.S. government. In 2010, they reported $5.07 billion in domestic pre-tax profits and paid just $4 million in taxes. Their unpatriated taxes grew to $94 billon. They managed to do this by a tax code that essentially subsidizes companies for losing profits and allows them to set up tax havens overseas. GE has subsidiaries in tax havens including 3 each in Bermuda and Singapore and 1 in Luxembourg. In 2009, GE CEO Jeffery Immelt earned total compensation of $9.89 million. GE spent $39 million lobbying the federal government in 2010 alone, and $83 million since 2008.

OCCIDENTAL PETROLEUM: In 2009, this oil giant paid their CEO Ray Irani $31.4 million, about twice what they paid in federal corporate income taxes, which was $16 million!

CITIGROUP: Citigroup has paid no taxes for the last four years. They were the largest recipient of federal bank bailout funds, receiving $476 billion. Citigroup has a whopping 427 subsidiaries in tax havens including 90 in Cayman Islands, 91 in Luxemburg, 35 in British Virgin Islands, and 40 in Hong Kong. Citigroup has continued to pay its staff lavishly. "John Havens, the head of Citigroup's investment bank, will probably be the bank's highest paid executive for the second year in a row, with a compensation package worth $9.5 million."

EXXON-MOBIL: The oil giant uses offshore subsidiaries and other loopholes to avoid paying taxes in the United States. They have 32 subsidiaries in tax haven countries including 18 in the Bahamas and 3 in the Cayman Islands. Although Exxon-Mobil paid $15 billion in taxes to other governments in 2009, not a penny of those taxes went to the U.S. Treasury. So maybe those other countries should defend ExxonMobil's assets around the world, instead of the men and women of the U.S. armed forces. Next time the pirates take over your oil tanker, call the Bahamas! ExxonMobil did come up with $68 million to lobby Congress between 2008 and 2010.

WELLS FARGO:
Despite being the fourth largest bank in the country, Wells Fargo was able to escape paying federal taxes by writing all of its losses off after its acquisition of Wachovia. Yet in 2009 the chief executive of Wells Fargo also saw his compensation "more than double" as he earned "a salary of $5.6 million paid in cash and stock and stock awards of more than $13 million."

NEWS CORPORATION:The media giant that owns Fox News avoids taxes through its 152 subsidiaries in tax havens, including 62 in British Virgin Islands, 33 in Cayman Islands, 21 in Hong Kong, and 15 in Mauritius.

PFIZER: Without intellectual property and patent protections, Pfizer's patents for products like Viagra would be easily replicated and produced for a fraction of the cost. They depend on the US court system to defend their property. Yet Pfizer shelters a lot of this intellectual property offshore, with 80 subsidiaries in tax havens, including 28 in Ireland, 16 in Luxembourg, 10 on the island of Jersey.
               Bob               



              Going Nowhere In A Hurry

Brock Samson

 See? that's why i posted to the Joe Bagent stuff up above, he had a good handle on the root causes of what some folks like to blame China for.
There was a time in the '60s and '70s when Japan was blamed much the same way,.. Now they're mostly blamed for flooding the world with cars. Same thing though. The term "Off Shoring"  came to mean our jobs going overseas, there's plenty about that too. The service industry jobs that can are pretty much allready there, called to fix your computer anytime?..
In case you didn't know it a lot of what you read on the computer or, if you still read newspapers is now being written overseas, the paper I used to work for had a "Travel Section" staffed with a few folks that traveled extensively, well they got laid off a few years back and that part of the rapidly shrunken newspaper is now done in Malaysia. No Bylines anymore either (i wont even go there..) so your not tipped off as to who's actually writing this stuff. Those same articles appear in papers and on-line all over the place spreading the costs out further.
Meanwhile in China - lacking "Name Brands" is buying up every known brand they can, so beware what you buy it's no way to measure quality anymore.

RECHRGD

Well, this has turned political in a hurry.  Anyway....I agree that the big corps. have been getting away with murder for a long time and that they should start paying their fair share in taxes.  BUT.....It's been my experience that businesses in general will only pass on the added costs to the consumers (you and me).  So, it would be great for the government, but they sure wouldn't give the average taxpayer any breaks because of it.  Then if the corps. had to pay 30% in taxes, the cost of goods would, in turn, go up 30% to keep the shareholders happy and the CEO's making 50 million a year.  Can of worms.
13.53 @ 105.32

Brock Samson

i don't see how blaming a flawed system that stacks the deck can be called political:shruggy:

Old Moparz

Quote from: RECHRGD on March 29, 2011, 03:57:51 PM
Well, this has turned political in a hurry.  Anyway....I agree that the big corps. have been getting away with murder for a long time and that they should start paying their fair share in taxes.  BUT.....It's been my experience that businesses in general will only pass on the added costs to the consumers (you and me).  So, it would be great for the government, but they sure wouldn't give the average taxpayer any breaks because of it.  Then if the corps. had to pay 30% in taxes, the cost of goods would, in turn, go up 30% to keep the shareholders happy and the CEO's making 50 million a year.  Can of worms.


Believe me, I wasn't trying to turn anything political with what I posted, but the problem is directly tied to what has changed & now allowed in this country. On that same note, I didn't mention one party as being responsible either. The differences between parties is so minimal & blurred they are almost the same.
               Bob               



              Going Nowhere In A Hurry

RECHRGD


I don't care that it's gone political.  There's really no way to get into this subject without going there.  As long as the mods are OK with it. so am I! :lol:
13.53 @ 105.32

ACUDANUT

Quote from: RECHRGD on March 29, 2011, 04:12:53 PM

I don't care that it's gone political.  There's really no way to get into this subject without going there.  As long as the mods are OK with it. so am I! :lol:
Ranting about the Chinese would never be political  :D
BTW never buy anything made by Rigid..AKA China Crap.  My grinder/sewage pump cost me 360.00 and had a lifetime warranty....It lasted 4 Months...What a Shitty mess I had to deal with ...Literally.

bull

The big corp tax evasion thing is a bit of a misnomer IMO. Not saying they don't avoid it because they do but if they did pay taxes they still wouldn't be paying the taxes; we would. The prices they charge would simply reflect the taxes they "pay" and although those who hate the corporations for avoiding taxes might feel better all of us would be paying more. What needs to happen is these corps need to be motivated by fines, tariffs, incentives, whatever, to keep the jobs at home. Even if they didn't pay taxes their employees would and our tax base would be more stable. I think that's the bigger issue.

Dans 68

What is a "fair" share of taxes for a corporation to pay ? Who is to say? To pay as little in taxes as possible, i.e., to maximize profits, should be the goal of every business. Otherwise, most likely than not, and eventually, you will have no business.

Dan
1973 SE 400 727  1 of 19,645                                        1968 383 4bbl 4spds  2 of 259

tricky lugnuts

You can't blame China without blaming America and a whole slew of multinational corporations - like GE - that are doing their best to bilk both countries.

For then, the world gave us Chimerica, an international sharing, some might argue, transfer, or even shell game, of wealth:

http://www.youtube.com/watch?v=emRbMur7eH0

I agree about Japan, a former Asian Tiger - but China's a different country, with natural resources, and these are different times. I don't think China's rise is certain, its far from it, but it's kind of starting to look like the ball is in their court to kick off the century. Hard to fathom that just 5 percent of the world's population could run the show forever.

With time we'll all know how the world turns out! As for dissatisfaction with your appliances, I'd first write the manufacturer.

If you WANT American-made goods, because you think they're of higher quality, MAKE an effort to look around for them. They seem to be out there, still, kind of. This looks like a neat website this lady put up, with links to manufacturers of all sorts of Made in USA stuff, all split into convenient categories with links - looks legit, and they all seem to work! They've even got links to clothes made in this country, and who knew that was possible:

http://www.stillmadeinusa.com/

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