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Yes, I am ... right now. Lets get off U.S. government problems, other
country problems and all the other hype about liberals versus conservatives
under any guise and get back to trading topics please. For a while it was
ok since government policy affects our markets but lately it is dominating
our list and needs to be curtailed.
Thank you,
Bob
>
>----- Original Message -----
>From: <mailto:TheGonch@xxxxxxxxxxx>Dan Goncharoff
>To: <mailto:realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
>Sent: Wednesday, May 28, 2003 9:10 AM
>Subject: Re: [RT] Tax Cuts
>
>The difficulty in making/keeping one's cost structure efficient is often
>more political than anything. Too many people refuse to believe you have
>to close every single steel mill in Pittsburgh, or every auto plant
>in Michel Moore's precious Flint, or, for a European example, every coal
>mine in the UK. But you do.
>
>Speaking of Moore, an interesting perspective on the problem comes up in
>Moore's documentary The Big One, where Moore tries to convince Nike CEO
>Phil Knight to build a sneaker plant in Flint. (There are currently NO
>sneaker factories in the US.) Knight says he won't, because "Americans
>don't want to make shoes".
>
>What he meat by that was that the costs of hiring and training new workers
>were very high, because in the US workers won't stay in jobs like that for
>very long. I recommend the movie, because, in addition to Moore's
>brilliant propaganda filmmaking, some of the other side of the story to
>come through, whether intentionally or not.
>
>Regards
>DanG
>
>Navtej S. Nandra (RR) wrote:
>>Efficiency is a good thing. And its impact is felt much better when you
>>are dealing with a closed system. And our system was psuedo-closed, not
>>because of protectionism, but because competitor nations were dealing
>>with their own limitations, e.g., communism in China.
>>But it is hard to make your cost structure efficient enough to compete
>>with a 2-3X unit cost differential with competing nations ...
>>Personally, where you can't beat 'em, join 'em. Focus on US industry and
>>services where we have an edge / equality / monopoly and own industries
>>overseas where the difference is too much to overcome. Like the Japanese
>>do with automobiles.
>>In the distant term, hopefully, the world will be one big nation anyways.
>>N
>>
>>----- Original Message -----
>>From: <mailto:TheGonch@xxxxxxxxxxx>Dan Goncharoff
>>To: <mailto:realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
>>Sent: Wednesday, May 28, 2003 3:36 AM
>>Subject: Re: [RT] Tax Cuts
>>
>>How about improving efficiency? It has worked for most of the last 200
>>years...
>>
>>Regards
>>DanG
>>
>>Navtej S. Nandra (RR) wrote:
>>>
>>>Not suggesting we change interest rates or tax policy or free trade ...
>>>but definitely suggesting that we should do something meaningful that
>>>makes investment in US industry a better opportunity than outsourcing.
>>>
>>
>>
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