General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsThe 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.
blkmusclmachine
(16,149 posts).
RagAss
(13,832 posts)Quantess
(27,630 posts)Sadly enough.
KT2000
(20,544 posts)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.
JDPriestly
(57,936 posts)Growth stocks they call them.