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mmayr

07/27/04 6:40 PM

#28921 RE: EZ2 #28919

"If Kerry is elected, will he and his wife close all those foreign factories and bring all those jobs back to America? Of course they won't. They're making millions off that cheap labor."

So are a lot of companies that are doing business in China. But that doesn't hurt their stock. In the stock market, it's all about progressive positive earnings, correct? How can companies do that with the Unions established in the USA?

They are only doing what the system permits them to do. And the WTO has fortified other nations to take even more jobs from the US and produce products for a lower price. . .in order to make corporate profits persevere.

Look at pharmaceuticals, for example. Any changes made to Medicare or for financial assistance to the elderly will effect the pharms. Of COURSE they are going to look at developing their products overseas (hence a strong watch remains on ELN). Know the systems, and you'll know how to make money in the markets.

We can't save America from the laws that are passed. Not unless we truly want to go out and lobby to halt some of the ridiculous laws that are passed. And not many Americans are willing to do that. Particularly those that are interested in making money from companies doing business in Asia and Mexico! So should we hold all of our money out of what could be the strongest markets in the world? Considering the China watchlist that you frequently post. . .I know at least one of us that isn't holding their money out of foreign enterprises. :o)