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Edited on Mon Sep-20-10 12:50 PM by Crazy Dave
Nobody hardly ever talks about that and I'm curious as to how much real damage they've done and continue to do to our economy and small business.
First, we know that they stay headquartered here for tax loopholes, subsidies and political protection while shipping tens of thousands of jobs overseas every year.
Second, we know that they do everything they can to destroy their competition which especially targets small start-ups. Say "Widget Global" sells one million plus widgets a year, then along comes a small company named "Widget Cleveland" that opens up and plans on manufacturing and selling fifty thousand widgets a year, Widget Global will do everything in it's power to put Widget Cleveland out of business. Things like pressuring and threatening all the global suppliers for widget materials that they will cease doing business with most of them if they continue to supply Widget Cleveland with parts and materials at competitive pricing. Next they try to buy the company out just to shut it down or they will start numerous, ridiculous and expensive lawsuits against them that they know they can't win but they know after two or three years of court battles and legal fees, Widget Cleveland will finally fold.
It happens all the time.
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