november3rd
november3rd's JournalWho Pays Security?
With over $400 Billion in assets overseas, the Security bill must be pretty high for US multinationals.
Gee, who pays for it?
I know GE wouldn't build a factory in China unless they knew their assets would be protected. Isn't it a little risky for manufacturers to ship their operations to cheap labor countries?
The people in those countries could just revolt and take over all those valuable corporate assets that have been located so recklessly outside the US.
Unless, of course, somebody's paying a lot of money for some damn good security.
But it couldn't be the American taxpayers. They wouldn't be foolish enough to protect the outsourcing of our whole economy.
http://www.census.gov/compendia/statab/2012/tables/12s1295.pdf
What would happen if sequestration cut our defense budget by $0.5 Trillion over the next ten years? (See poll)
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Member since: Tue Nov 9, 2004, 04:23 PMNumber of posts: 1,113