On Sat, 3 Dec 2011 13:59:25 GMT, "Haywood Jablomie"
wrote:


On 2-Dec-2011, bpuharic wrote:

Buyout firms don't buy debt, they buy assets. Debt is liquidated. That's
the advantage of buying bankrupt companies. SUCESFUL companies left the
U.S. long ago unless the cost of freight offsets the many other
advantages
such as costs, your predatory government, and your relentlessly begging
population.


successful companies left here because the middle class has been
destroyed by right wing economics. there's nothing left to plunder

I'll help you one final time. Let's pretend you had the ability to start
and operate a company, producing something within your skill set -
say.....cream cheese dildos. Business was great and you were shipping all
over the continent.

Suddenly sales nose dive. You wonder why. You look around and see cream
cheese dildo's being shipped to your marketplace from Japan, Korea and
China. You decide to get even with them and ship to Japan, Korea and China!
DAMN THEM *******S. Then you learn that Japan and Korea don't allow your
cream cheese dildo's into their country because it will kill their dildo
industry, and, China doesn't need your expensive dildos.

now let's see...the traditional free market, milton friedman (you HAVE
read him, right?) would say this about your infantile example

1. restricting imports reduces competitiveness and drives up costs
2. when these countries tried to EXPORT their goods they'd find they
were over priced and would be driven out of the market
3. this is effectively a SUBSIDY for these products paid for by a TAX
on the importing country's population

oh. you dont know economics. you've never taken a course.



3) Form a joint venture with the red Chinese government to make dildo's in
China for export to North America - because you're not permitted to build
and ship from Japan or Korea. (This is what happened to your automobile
industry)

let's see....what's the status of IP protection in china?

oh. there is none. but you didnt realize that 'cuz you've never done
business there.

you'd be pathetic if you weren't hopeless