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How Senator Sarbaines and Oxley Destroyed America
You have probably heard of the Sarbaines Oxley Law (SOX) on corporate governance to make corporations totally transparent. And the voters and investors wanted this law so they could know which companies to invest in so they could make 20% per year on their money, which they damn well feel entitled to. The issues is that those corporations abroad do not have to follow those laws and therefore are able to scan and study all that financial data to beat American Companies in the market place.
Then the foreign companies can know where the best markets are, which sectors are most profitable and where the American companies are expanding; both market segments and sectors. It would be like inviting your opposing football team into your locker room and opening up the playbook for them, offering them some tea during halftime and before the game, but only for three hours.
A recent good example of this is Honda and Toyota, kicking General Motors butts. General Motors admits they cannot compete and each time the Japanese attack with a typhoon into their most profitable markets; GM has to readjust its strategy. But not before telling the world and the competition what that strategy is; 28,000 employees will be losing their jobs since GM can no longer run redline anymore under the SOX rules.
At Davos; Carly Fiorina former CEO of Hewlett Packard discussed the new boardroom where they spent two-thirds of the time talking to their lawyers and accountants and only one-third on strategic planning. Often making business decisions based on rules and over regulation than what was best for the company and consumer. SOX has done more to harm America and American Consumers and employees than any other single factor of any time period in our nations history; including 9-11.
Well Senator Sarbaines will not be running for re-election, but will keep his pension, while 28,000 autoworkers will hit the unemployment lines. And as for GM's under funded pensions? Hey, I wouldn't count on it. Thanks for nothing you worthless politicians. You sold us out to foreign competitors and stifled our innovative spirit and you won't even admit you made a mistake? My god what kind of a human would do that to the country that gave them so much. Think about it.
"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs
Should Judgeships Be a Political Event?
Thought of the day; Questions about the judicial system. If the judgeships in our country are political positions based on the way they are chosen, either by election or by appointment and often debated by opposing politicians, then is there really a three branches of government? And if there is not three separate and unique branches then how can we base our trust in any of the other two branches.
"When you are right you cannot be too radical; when you are wrong you cannot be too conservative." - Dr.
Lets Make Some Things Clear about John Thune/Dan Nelson/MetaBank MetaGate
Let's make one thing clear: This Dan Nelson Automotive fiasco is not the bloggers' fault, not KELOLAND's fault, not the Iowa Attorney General's fault, not my fault. Let's take a look.
Iranian Elections - Roadmap To Continued Apathy
The recent first round of the Iranian elections somewhat resembled the rise to power of the promising Mohammed Khatami first time round in 1999. But despite the break from apathy seen over recent elections, the liveliness does not bode anywhere near the same promise that Khatami managed to swirl up six years ago.
On June 16, 1972, a security guard at the Watergate Hotel in Washington , D.C.
Gun Control? How About Crime Control Instead?
The second amendment to the U.S.
Africa's Prosperity Goals: A Cultural Perspective
Commission for Africa (CFA), one is made to understand is the brainchild of His Excellency, the UK Prime Minister, Mr Tony Blair. Another initiative geared towards arriving at a set of policies meant to get Africa out of its economic doldrums.
Water at the Roots of Twenty First Centurys Conflicts
According to a postulate made by Ignacio Ramonet ecological resources are deemed to constitute the main cause of this new century. Water as a source of scourge concerns: oceans and seas on the one hand (that's over 71 of the globe surface) and access to potable water (underground reserve and rivers) on the other hand.
Thomas Paine / Jefferson
Conor MacDari was a Mason but his Masonry deplored the British 'alehouse and tavern denizens'. Jim Shaw and many other top Masons have written as much truth as they know.
FTC Hurts Franchising Consumers
Last Summer the Federal Trade Commission came out with a report citing all the changes that might be considered in a future rule making for the franchise rule. It addressed comments made back in 1995 and 1999.
Open Source and Post-Capitalistic Society
Capitalism as the social structure was founded in order to support further evolution and development of human race, to support the innovation which was oppressed by the former system. It was brought up by the two industrial revolutions.
Plastics In Our Nations Dumps and Landfills
Long Term Environmental Effect of Plastics, Composites and Other Materials on Underground Water Supplies through Leaching and Decay.Today we see old airliners lined up in the desert, which are made of aluminum for the most part.
Debt Relief and Reality Check
The United States and other first world nations have been asked to forgive debts of foreign third world nations. We have obliged in doing so.
The US Government; Under Sarbaines Oxley
Sarbaines Oxley was probably the easiest way to destroy free enterprise and it could be the quickest way to losing our government. If Agencies were forced into the same standards as the business community then they would be forced to close their doors.
Doorstops and Paperweights
Ted Stevens (R-Alaska), chairman of the Senate Commerce Committee, has come up with what he believes is a brilliant idea. He thinks the FCC should have to the power to hold cable and satellite channels to the same decency standards as over-the-air broadcasters.
Should the FTC be Allowed to Regulate Franchising?
Recently the FTC, Federal Trade Commission put forth a report on franchising. They want to further add to the franchise rule, even though they should be reducing regulation since there is not fraud to speak of.
The Civil War - FOGC
Thomas Jefferson wrote a letter to Lafayette in 1823 that went as follows: "I do not believe with the Rochefoucaults and Montaignes, that fourteen of fifteen men are rogue. I believe a great abatement from that proportion may be made in favor of general honesty.
The Senate Filibuster: The Hulk Plan and the Nuclear Option
The partisan feuding in the U.S.
Electronic Commerce Taxaton: Emerging Legal Issues - Part II
UNAUTHORIZED HACKINGThe term "computer hacking" traditionally describes the penetration into computer systems, which is not carried out with the aims of manipulation, sabotage or espionage, but for the pleasure of overcoming the technical security measures. In practice, this kind of offense can be frequently found.
Environmentalists Often Complain About GM Crops
Maybe some of the people complaining ought to go to Africa and tell people to stop breeding like rats? Think of all the GM Crops can do for plastics, synthetic material and even for NASA since they are working with these R and D facilities to make organic materials with GM crops. All this special R and D is paid for by these companies due to the future promise of potential profits, but it is not without risk.
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