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Title: 3M chief warns Obama over business regulation~"choice between manufacturing in Canada & Mexico – which tend to be pro-business – or America.”
Source:
Financial Times
URL Source: http://www.ft.com/cms/s/0/bd9b4100- ... 0144feabdc0.html#axzz1F7ciNa6W
Published: Feb 27, 2011
Author: Hal Weitzman in Chicago
Post Date: 2011-02-27 21:34:15 by Happy Quanzaa
Keywords: Who is John Galt?
Views: 15760
Comments: 29
The head of one of the US’s biggest industrial groups has launched a scathing attack on Barack Obama’s attempts to repair relations with companies, dubbing him “anti-business”. Manufacturers could shift production out of the US to Canada or Mexico as a result, warned George Buckley, chief executive and chairman of 3M. “I judge people by their feet, not their mouth,” he told the Financial Times. “We know what his instincts are – they are Robin Hood-esque. He is anti-business.” The Obama administration has struck a more conciliatory tone towards business since the Democratic defeat in November’s midterm elections. Last month, the president created a jobs and competitiveness council, chaired by Jeffrey Immelt, chief executive of GE, and including chief executives such as American Express’s Kenneth Chenault, DuPont’s Ellen Kullman, Antonio Perez of Kodak and Southwest Airlines’ Gary Kelly. Mr Obama also convened a meeting this month with technology chief executives, including Steve Jobs of Apple, Google’s Eric Schmidt, Oracle’s Larry Ellison and Mark Zuckerberg of Facebook. Mr Buckley, who has run the diversified manufacturer since 2005, said: “There is a sense among companies that this is a difficult place to do business. It is about regulation, taxation, seemingly anti-business policies in Washington, attitudes towards science.” He added: “Politicians forget that business has choice. We’re not indentured servants and we will do business where it’s good and friendly. If it’s hostile, incrementally, things will slip away. We’ve got a real choice between manufacturing in Canada and Mexico – which tend to be pro-business – or America.” The 3M chief also criticised US immigration policy, saying the difficulty of obtaining visas was forcing companies to move research and development overseas. “About 68 per cent of our science PhD candidates are from outside the US,” he said. “Many want to stay here afterwards but we’re not allowed as many visas as we would like.” “We are now exporting science overseas to China, India, Germany, building labs there. There’s a good strategic reason for it, but we also have no choice – if we can’t get the people here and we’re competing with the people there, we have no choice but to do it locally.” Mr Buckley struck a gloomy note on the US economy. “The macro numbers seem to be improving but when we look at the micro numbers – at what’s going on in housing, automotive, in manufacturing in general – it’s hard to get enthusiastic about it,” he said.
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#1. To: Happy Quanzaa (#0)
The start of the Title should have read "Music to Obamas Ears:......"
I'd have to disagree with that though.
Traitors to their country need to be hanged. I don't want America looking like China or Mexico so George Buckley, chief executive and chairman of 3M can get more stock options. Any company that threatens to move production to enemy regimes should be jailed and their company nationalized.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
I would be more in favor of using tariffs to encourage companies to stay. Hanging them is a little overboard.
I would prefer removing the regulations and let the corporations make a profit for their stockholders and to pay employees, who in turn pay taxes in the U.S.. Tariffs are just more regulations. Corporations do not exist to please money grubbing parasite politicians, they exist to make a profit for their stockholders. If the politicians and greedy union scum do not let them make a profit they will leave, as many have already done. They are not going to Mexico because they like tacos or to Hong Kong because they like shrimp fried rice, they are going because they have to turn a profit to survive. There is no option, they stay and they die under the draconian regulations and highest in the world corporate tax rate imposed by the U.S. government. This is basic economics, 1+1=2 and no tariffs or "Mom, USA, and Apple Pie" sentiment can change that.
Of course what you said too. But I do support tariffs on foreign goods. Especially on commie China.
Corporations are artificial structures given the right to exist by the govt. Even Adam Smith hated them. With that said, any pig free trader that threatens to take American jobs to foreign nations hostile to America (do you really want America to resemble Mexico and China so these greedy pigs can make more money?) should be hanged in public squares as traitors. Democrats and Republican treasonous enablers included. When did you scumbags value the stockholder over the national interests?
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
In the U.S. government is given the power to govern by the people. When it becomes abusive, intrusive, and dictatorial the people have the duty to take that power away from them. "When the people fear their government, there is tyranny; when the government fears the people, there is liberty." -- Thomas Jefferson
I agree - the people should rise up and destroy corporations that runs their lives like a dicatatorship.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
Idiot, and too dumb to even be a useful one.
It's the predictable result of America's poor public school system which doesn't teach kids enough math or science. Go to any graduate program in math, science, computer science, and engineering in any college in America and who do you see? Asians, Indians and a few Russians. No blacks. Very few women. America competes on our technological prowess. Without smart, educated people, we can't compete. In the short term, we need to let in more people with college degrees in engineering, math, science, and computer science. Long term, we need to fix the rotten public schools. Otherwise, America is toast.
We should start with every officer of the NEA, AFT, AFSCME, and SEIU.
This article and the responses show why the American so called version of right wingers (I support European Christian democratic philosophies) are bankrupt. You post this article to show why 3M is right in threatening to leave the USA for China and Mexico (Canada has more regulations and socialized medicine so I think the exec just threw that country in to make it sound balanced) because of American taxes and restrictions i.e. "anti-business". This means you filthy bastards want American workers to be as poorly paid and exploited as Mexican and Chinese peasants and you want 3M to be able to pollute the water and soil with its wastes rather than dispose of it cleanly/safely. You want that. That is what you are supporting when you champion this 3M executive's statements. That's why you are filthy traitors to America and to Christian civilization as a whole. Last but not least is jwpegler rant about education. He is right, America's system of education seems to be faltering. But I bet his solution is along the lines of classic Republican BS like less taxes and less money to schools, more local control of schools, etc. In the rest of the civilized world, teachers are paid more money (in some cases more than one teacher per classroom), budgets are more than they are in America an a GDP basis, you don't have local control of schools and you have centralized educational systems with standardized curriculums. So, yes we have to fix America's school system but the so called conservative ideology would make things worse not better and no place on earth follows the school system the Republicans talk about putting in place.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
When the statist Totalitarian Big Government penis you suck ejaculates it's Kool-Aid you should spit it out instead of swallowing, imho.
In other words, you filthy pig, you can't respond back to my points at all. Because you are a traitor to America supporting turning America into another China and Mexico. We patriots have the ropes for all traitors at the ready.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
We patriots have the ropes for all traitors at the ready. Bring it on, you globalist Chink, Messycan, European Christian democratic, socialist, commie!
I recall a re-run of MASH I saw where this uber right winger named Colonel Flagg... I am anti-globalist - anti free trade - pro nationalist. Why are Americans on the right wing so stupid?
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
Only in the most economically successful countries like Cuba, Lesotho, Yemen, Brunei, Mongolia, Guyana, Namibia, Swaziland, Kenya, Morocco, Tunisia... ROTFLMAO. The vast majority of countries that kick our butt on math and science tests spend about the same per GDP or less than America does. Very few of these countries spend significantly more. American spends more per student than any country except Switzerland. As a percentage of GDP, America and Switzerland spend about the same -- around 6%.
It is kind of hard to rank the USA because spending on schools is anaverage based on 50 different school systems. The Money in America is wasted on the American decentralized school systems. It's insane that Alabama as a different curriculum than Maine. We need more centralized educational systems like exists everywhere else. All teachers paid the same. All teachers going to the same educational training, all school books the same. Also, I wonder if the fact that in America we have the need to have 2 workers in the household thanks to Reganomics means mom is not home to help the child study or parents are too tired after work to over see much of the kid's education. In any case the cure to America's educational problems is not in the American right wing ideology.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
Within the U.S. there is no relationship whatsoever between spending per student and performance. Many school districts who have the highest per student spending have among the worst performance. Lack of money is not the problem. The problem is that the system is really broken. It's broken because the NEA and AFT bitterly fight any and all reform proposed by both Democrats and Republicans. The public school system has a poisonous weed that is strangling our kids and country. It has torn out by the roots so that we can plant something that does work.
Why re-invent the wheel. Americans should just follow the Finnish model. Centralized education - make the teacher a federal employee - 2 teachers per classroom. Standardized performance and testing, etc.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
No you are not. Shrink your patient needs some help. He has escaped and is on the internet somewhere.
No you are not What makes you think in your delusion I am pro free trade, globalization? What's wrong with you?
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
You said you are pro nationalist too. That you are not.
The U.S. federal government is incapable of managing anything without screwing it up. Now you want them to manage 95,000 schools? Not likely. By the way, Finland also spends less per student than America does.
(I support European Christian democratic philosophies) Nationalist + European Christian Socialist = Adolf Hitler = Nazi I recall a re-run of MASH I saw where this uber right winger named Colonel Flagg... Many religious Tea Partiers on Social Security would qualify as Christian socialists, and since many seem to be more of the nationalist persuasion than globalists, they are now Nazis too, according to your personal formula? That's quite a paint brush you have.
"http://first-draft-blog.typepad.com/.a/6a00d8341c5ced53ef0148c7a28c4b970c-320wi"
They didn't volunteer to pay socialist security, they were forced to. Godwinson chose to embrace the national-socialist Nazi model.
I recall a re-run of MASH I saw where this uber right winger named Colonel Flagg... Like I wrote, the majority of the so called conservatives on here sound like robotic kooks. Their replies are predictable.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
#2. To: Happy Quanzaa (#0)
The 3M chief also criticised US immigration policy, saying the difficulty of obtaining visas was forcing companies to move research and development overseas. “About 68 per cent of our science PhD candidates are from outside the US,” he said. “Many want to stay here afterwards but we’re not allowed as many visas as we would like.”
#3. To: Happy Quanzaa, A K A Stone (#0)
Manufacturers could shift production out of the US to Canada or Mexico as a result, warned George Buckley, chief executive and chairman of 3M.
#4. To: Godwinson (#3)
#5. To: A K A Stone (#4)
(Edited)
I would be more in favor of using tariffs to encourage companies to stay. Hanging them is a little overboard.
#6. To: Happy Quanzaa (#5)
#7. To: Happy Quanzaa, A K A Stone (#5)
Corporations do not exist to please money grubbing parasite politicians, they exist to make a profit for their stockholders.
#8. To: Godwinson (#7)
Corporations are artificial structures given the right to exist by the govt.
"The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants."
#9. To: Happy Quanzaa (#8)
#10. To: Godwinson (#9)
#11. To: A K A Stone (#2)
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#12. To: Godwinson (#3)
Traitors to their country need to be hanged.
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#13. To: jwpegler, A K A Stone, Happy Quanzaa (#11)
(Edited)
#14. To: Godwinson (#13)
#15. To: Happy Quanzaa (#14)
#16. To: Godwinson (#15)
you are a traitor to America supporting turning America into another China and Mexico.
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
Godwinson posted on 2011-02-23 11:47:32 ET
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=18011&Disp=46#C46
#17. To: hondo68 (#16)
Bring it on, you globalist Chink, Messycan, European Christian democratic, socialist, commie!
#18. To: Godwinson (#13)
(Edited)
budgets are more than they are in America an a GDP basis
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#19. To: jwpegler (#18)
#20. To: Godwinson (#19)
It is kind of hard to rank the USA because spending on schools is anaverage based on 50 different school systems.
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#21. To: jwpegler (#20)
The public school system has a poisonous weed that is strangling our kids and country. It has torn out by the roots so that we can plant something that does work.
#22. To: Godwinson, Godwinsons Shrink (#17)
I am anti-globalist - anti free trade - pro nationalist.
#23. To: A K A Stone (#22)
am anti-globalist - anti free trade - pro nationalist.
#24. To: Godwinson (#23)
#25. To: Godwinson (#21)
(Edited)
Americans should just follow the Finnish model.
"Everything that can be invented has been invented."-- Charles Duell, Commissioner of US Patent Office, 1899
#26. To: Godwinson, jwpegler, A K A Stone, Happy Quanzaa (#17)
- pro nationalist.
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
Godwinson posted on 2011-02-23 11:47:32 ET
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=18011&Disp=46#C46
#27. To: hondo68 (#26)
(Edited)
Nationalist + European Christian Socialist = Adolf Hitler = Nazi
#28. To: Rek, Godwinson (#27)
religious Tea Partiers on Social Security would qualify as Christian socialists
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
Godwinson posted on 2011-02-23 11:47:32 ET
http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=18011&Disp=46#C46
#29. To: Rek, hondo68 (#28)
(Edited)
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