Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

TheMastersNemesis

(10,602 posts)
Fri Apr 26, 2013, 11:13 PM Apr 2013

The Corporate Betrayal - Chances Are Your 401K Money Invested In Hiring Overseas/Firing In US.

Corporate America holding trillions in overseas banks, hiring and investing in workers and equipment overseas. Meanwhile workers in US get pink slips and reduced wages. At the same time they are buying politicians who will eliminate all taxes.

The main reason we see low growth and austerity here is that corporate CEO's have decided that China and India etal are more important than the US. And the GOP is their ally. So when it comes to national security and patriotism it is nothing but a lie.

6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
The Corporate Betrayal - Chances Are Your 401K Money Invested In Hiring Overseas/Firing In US. (Original Post) TheMastersNemesis Apr 2013 OP
. blkmusclmachine Apr 2013 #1
...and the Democrats are fighting this every step of the way, right? RagAss Apr 2013 #2
Hey, that's not funny! Quantess Apr 2013 #6
the politicians of both parties KT2000 Apr 2013 #3
So true. JDPriestly Apr 2013 #4
K&R woo me with science Apr 2013 #5

KT2000

(20,544 posts)
3. the politicians of both parties
Sat Apr 27, 2013, 12:16 AM
Apr 2013

are making money off of this practice so they will never address it.
They own stocks and are invested in private equity firms that gut American midsize companies by moving their manufacturing overseas.
I think it is a politicians betrayal also.

Latest Discussions»General Discussion»The Corporate Betrayal -...