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bindelh Donating Member (162 posts) Send PM | Profile | Ignore Mon Mar-28-11 08:11 PM
Original message
Intel pouring money into the training of 87000 teachers....
in Vietnam

Intel opens biggest ever chip plant ....

in Vietnam



http://www.physorg.com/news/2010-10-intel-vietnam-biggest-chip.html

Hp and other multi-national corporations along with Intel that demand and
receive generous subsidies, protections, privileges and other advantages
by headquartering their businesses in the USA are not only abandoning America
and their workers but are now beginning to abandon China and Japan as well
for cheaper labor costs in Vietnam that are half that of China and they are
eyeing Malaysia also for even cheaper labor costs while in the last 2 years
these corporate giants hiked foreign hiring by 729000 jobs even as they cut
500000 jobs here in the USA and posted record profits.

It is a massive redistribution of wealth (yeah you've heard that ditti before
from the right) from the many to the few and even fewer.

When is enough enough??
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Newest Reality Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-28-11 08:32 PM
Response to Original message
1. It's a movable feast, now.
Multinationals can move resources, production and even consumption and profit depots anywhere they please in order to maximize their bottom-line. The world is their playing field and they act as if they own it. Do they? Does the IMF agree?

Build up some demand here, move on to exploit lower wages there. The impact and outcome are of no concern unless they interfere with revenue flows that are actually more like giant vacuum cleaners sucking up the wealth and power of people and nations. How this new wave of conquering worms goes will determine our future. We, and especially our children and their offspring, may only exist to serve, loyally, an inescapable, technologically advanced monoculture that could be likened to a prison without bars, a ubiquitous panopticon.

Meanwhile, people lose and suffer and die. We have no strong institute for global justice to check and regulate this as globalism gives the world to imperialistic corporatism. New Kings and Queens arise to overthrow and overwhelm the masses dressed in the new fashion of financial tyrants: the corporate veil. It has come to the point were we are expected to recognize this convenient fiction as a person.

We are massive in number and, if we see the big picture clearly, our backs are now up against the wall. Many yearn and strive to fend-off the increasing tyranny of organized business and finance as a palpable, constrictive grip is felt by millions. Something must be done, and soon. The whole world, and our freedom, justice and prosperity is surely at stake.
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bindelh Donating Member (162 posts) Send PM | Profile | Ignore Mon Mar-28-11 08:38 PM
Response to Original message
2. While Intel promotes teachers
Edited on Mon Mar-28-11 08:56 PM by bindelh
in Vietnam

Multiple States here in the USA are vilifying teachers and other public workers and cutting their numbers so that these Mega Corporations can have unwarranted and unpaid for tax breaks to continue to offshore their manufacturing jobs whilst Americans can go cut bait.

In the words of John Boehner (Speaker of the House and 2nd in line for the Presidency), "So be it".

Soon the head lines will read, "Let them eat cake".

Will that be the day when America has "had enough"? Enough of their greed and avarice. Or will America continue to be satisfied with the crumbs swept from the table and remain in their slothful trance.

Look around you.

Have you been trickled down on enough by these uncaring 'Robber Barons' and 'Captains of Industry'?

Celebrate the 2011 4th of July in Washington DC at the rally 'by the people and for the people' to shut this government down until "the people's" needs are met and those that have defrauded this nation are sent to the dockets.
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