mac2
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Fri Feb-27-04 03:05 PM
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China not only wants our companies but our technology.... |
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Edited on Fri Feb-27-04 03:08 PM by mac2
The Wall Street Journal, pg.A1, 2/26/04
The article is called, "Tough Bargain: China's Price for Market Entry Give Us Your Technology, Too." by Kathryn Kranhold. (I'd appreciate a link if anyone can do it).
GE salesmen seals a multi-million dollar deal with China only to find out that they want the technology for their own plants, etc. The goal of GE was to sell the most power turbines possible. There's a "gray area" in the WTO rules.
Excuse me...but aren't we being robbed by the WTO? Nothing comes back to us...everything goes out.
GE laid off a lot of employee in CA only to relocate them to Wilmington, NC. Then they trained other countries their jobs...and laid off them. My sister early retired after 21 years.
She fell on some oil in the GE plant and hurt her neck. She had surgery with a metal plate. What was her payment for all the suffering and pain? $13,000. Why? She returned to work. She's retired now but it does limit her and even hurt sometimes.
We are being robbed. Call the candidates, you support, and relate this China rob our technology story.
Remember how the Repubs bashed Clinton for doing business with China giving them technology not going to war with them? Guess, they are happy now...unless war. But what about the business part? Jobs gone?
What's good for the gander is not good for the goose when it comes to Republicans.
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The Backlash Cometh
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Fri Feb-27-04 03:14 PM
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We can't get these corporations to open their tradesecrets even when it comes to something as public as voting, but a country like China can buy them like cheap whores. Oh, the humanity.
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brokensymmetry
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Sat Feb-28-04 12:38 AM
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We've given away the jobs. We are giving away the technology. We owe large sums to Japan and China - we are a debtor, and we're addicted to their money.
I truly wonder how we can turn this around.
One thing for sure - if China points at us and says "frog!" we had best start jumping.
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DU
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Thu Apr 18th 2024, 06:22 PM
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