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BP On Tony Hayward’s Day Of Yachting: “Well-Earned Private Time”

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» 88 comments

As convenient and tempting as it is to blame BP CEO Tony Hayward exclusively for the corporation’s reputation as a needlessly cruel money-making machine, here’s more proof that Hayward may actually be one of the better ones: a BP spokesman described Hayward’s pleasant little field trip to the Isle of Wight to watch his yacht, Bob, at a race as “well-earned private time.”

Fox News got through to the company’s spokesman and asked whether the fact that Hayward was now “mucking about on the water,” as the UK Daily Mail put it , was an indication that his role in the Gulf of Mexico was done and that he was returning to the UK full-time. BP replied that no, he is still the point person on the Gulf disaster, but that today he was spending some “well-earned private time with his family.” Yes, well-earned.

Bob is currently in 4th place in the IRC Group 0 division of the JP Morgan Asset Management Round the Isle Race, but there’s still time to place your bets! And if you’re wondering what Tony Hayward looks like sailing in the middle of a JP Morgan-sponsored yacht race with his industry pals, the Daily Mail has some great shots from today’s yacht race here.

Here is the Fox News report on the adventures of Tony and Bob:

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  • valkyrie101

    He did a pretty good job. Certainly the hot seat of hot seats. He showed restraint. A good British quality.

  • Barney

    …and the jug-eared idiot we have as president went to a fucking baseball game

  • http://PoliticalGlutton.com PoliticalGlutton

    He did NOT do a good job .. at all!! Still, everybody deserves a few days off. I can’t really give him grief for this.

  • valkyrie101

    It is almost two hundred years since the British army suffered perhaps its most humiliating military defeat at the battle of New Orleans. *Revenge is sweet. (*satire alert).

  • TylerDurden

    Tony made the Congress look like a bunch of grandstanding fools, which they are!

  • TfT

    Yes Barney…..Two articles on BP CEO Hayward, NONE on Barak “I won’t rest until this crisis is solved” Obama taking time off to go to the baseball game. He gets another pass by mediaite staff.

  • valkyrie101

    Political Glutton,
    Perhaps your expectation of over wrought consumption expects too big a serving. The man and his company are simply businessmen and capitalists running technical expertise to drill for oil, why should they be experts at every detail of the cleanup, capping and public relations since circumstances like this, an event previously thought to be very unlikely, can not be prepared for in advance? So no surprise they did not handle everything perfect. Who would? I think the investigations will show that BP did a pretty good job, but also human error occurred. And that is not something that is unusual. Perhaps having effective and appropriate government regulation would have caught the human errors before they caused a problem.

  • valkyrie101

    barney,
    Obama does have some juggish ears. Overall though, he is not a bad looking man. I wonder how many of those lonely conservative woman are masturbating thinking about Obama?

  • valkyrie101

    Or a threesome with Sarah.

  • TylerDurden

    The man and his company are simply businessmen and capitalists running technical expertise to drill for oil, why should they be experts at every detail of the cleanup, capping and public relations since circumstances like this, an event previously thought to be very unlikely, can not be prepared for in advance?”

    Hayward should have asked Congress a few questions about the HC reform law. I’m sure the Congressmen would not be able to answer those questions either.

  • TylerDurden

    valkyrie101 says:
    June 19, 2010 at 2:36 pm

    barney,
    Obama does have some juggish ears. Overall though, he is not a bad looking man. I wonder how many of those lonely conservative woman are masturbating thinking about Obama?”

    I bet you whack off to Obama every night.

  • valkyrie101

    Tyler, “Hayward should have asked Congress a few questions about the HC reform law. I’m sure the Congressmen would not be able to answer those questions either.”

    Yep. Those hearings are the ultimate in pomp, pretense and hypocrisy. I love the tea party. I wish the moderates would form there own movement like that. That is what Crist is trying to do.

  • valkyrie101

    Not Barry, but Michelle is not to bad.

  • me1ranger

    Val..you must have been beating off to Chewbacca posters before Michelle Obama ‘came’ into your life..yukk!

  • Barney

    “Not Barry, but Michelle is not to bad”

    Blech!!! Fat and ugly…inside and out

  • valkyrie101

    People are always more perfect in your fantasies, barney. I’m curious, who is hotter, in your opinion, Sarah Palin or that FOX commentator who had Michelle Bachman as her nannie that was the Miss America? Gretchen? I think Sarah, who should be a little dumpy by now, with grown kids, has been working hard. Pretty attractive for a woman of her age. I like her face better than Gretchen.

  • valkyrie101

    …but that halo has got to go. Bad girls are better.

  • me1ranger

    Two stories about Hayward boating is a joke. For all you idiots that think the world loves your boy blunder barry..read this story out of London today, the worm has turned for Kaptain Kickass. He is losing it here, and all around the globe, thanks world for hobbling us with this loser you thought was God!!

    http://www.dailymail.co.uk/news/article-1287828/Revealed-Why-President-Obama-loathes-British.html

  • felixw

    Question: Guess who said it:

    “Oil rigs today generally don’t cause spills. They are technologically very advanced. Even during Katrina, the spills didn’t come from the oil rigs, they came from the refineries onshore.”

    Answer: Barack Obama, on April 2, 2010

    Funny how the President plays the blame game with BP, but doesn’t seem to remember his own track record here.

  • TfT

    Baseball game last night, four plus hours on the golf course today for He, Himself, Teh One……and mediaite is still silent. What gives with that? How come ya’ll are giving Obama a complete pass? He claims he is in charge of all of this….HE IS IN CHARGE….he told us that weeks ago, but he is out playing again. Oh well, I was really expecting at least ONE article on how Obama claiming “no rest” is just another one of his statements that has an expiration date. But alas, silence.

  • http://www.facebook.com/people/Chris-Jones/1384303476 Chris Jones

    It’s interesting that the only entity the media chooses to vilify is BP. What about the government’s MMS that approved ALL of BP’s drilling activities? When are we going to have the Congressional dog and pony show with those guys? Had big government not dropped the ball (as they always do) BP could have never made the mistakes it made in the first place.

  • valkyrie101

    I hardly sees how Obama believing in and parroting the oil industry party line impeaches him. He is a moderate, not a hard core environmentalist. He is not anti-corporation.

  • valkyrie101

    Chris,
    Since BP has been earning billions of dollars off its oil well, and caused the spill, who else do you suggest gets “blamed”?

  • TfT

    val – The golfer, you know the one mediaite and lamestream media are silent about (althouth at least Drudge has Obama golf outing highlighted along side BP CEO sailing journey)….gave BP’s lease at Deepwater Horizon a “categorical exclusion” from the National Environmental Policy Act (NEPA) on April 6, 2009. I guess you don’t see any blame to be laid there? Is it because it’s the one who gave the waiver, certainly had Bush done this, you lefties would be screaming for his impeachment…..but silence is what we get now. Fer shame.

  • felixw

    He goes yachting = He must be evil

    If you took away the class envy from the Democrat agenda, there wouldn’t be much left.

  • http://apostrophejones.com Apostrophe jones

    Hey , Barry has earned plenty of relaxation time after inheriting that oil spill from President Bush . …Imagine what the next president will inherit .

  • me1ranger

    And let’s not forget that BP is a liberal run corporation..you remember all their sappy, cheesy commercials over the years? Made me wanna puke. They played like they were pandering to enviromentalists for years, and their ads were on MSNBC and CNN constantly. Now they’re an evil republican supported oil corp, yeah right, you can’t have it both ways..libtards.

  • http://www.heartland.org/environmentandclimate-news.org/ClimateConference4 Just Tex

    TylerDurden says: “Tony made the Congress look like a bunch of grandstanding fools, which they are!”

    I sort of agree. But Tony didn’t really do it. They simply revealed themselves.

  • http://www.heartland.org/environmentandclimate-news.org/ClimateConference4 Just Tex

    me1ranger says: “And let’s not forget that BP is a liberal run corporation..you remember all their sappy, cheesy commercials over the years? Made me wanna puke.”

    Yep. And their BIG wigs gave O-Bummer nearly 1,000,000 in campaign cask too.

    But, you know that new version of that old saying….

    Live by the religion of Environmental kooks. Die Live by the religion of Environmental kooks.

  • valkyrie101

    Yes, Obama is not anti-corporation, he believed the oil companies and tried to work with them. How does that impeach Obama? Obama is not an ardent environmentalist. That is why he has been attacked by the left over being lax on environmental issues, including his intervention (too late as far as they are concerned). But no one from the right can impeach Obama for being lax because being lax on regulation, and taxation, is a conservative party plank. And tea partiers rail against too much regulation and taxation all the time. So, again, Obama went with the oil industry propaganda that deep water rigs are extremely safe and have safety mechanisms to shut off the oil in case of accident, huricane, or whatever. The oil industry lied.

  • TylerDurden

    valkyrie101 says:
    June 19, 2010 at 4:53 pm

    Chris,
    Since BP has been earning billions of dollars off its oil well, and caused the spill, who else do you suggest gets “blamed”?”

    Totally false.

    They started drilling on Feb 2010 and it was in April 2010 when they hit oil. They haven’t made a dime off this well, and they lease the rig from Transocean for $500k a day!

  • TylerDurden

    BTW, you liberals including Obama wanted Tony out. Well, he is out and now you are attacking him for relaxing when he is gone.

    make up your small minds.

  • felixw

    How can anyone claim that Obama is not anti-corporation? He has gone after the health insurers, the investment bankers, the auto companies, the oil companies, the commercial banks, the property and casualty insurers, the mortgage brokers, and a host of other industries. His plans for the future are targeting any corporation that emits greenhouse gases, pays bonuses to executives, or stands in the way of his expanding federal bureaucracy. That pretty much includes every medium- or large-sized business in the nation. No matter how you slice it, there has never been a more anti-business person in the White House.

    And people wonder why corporations don’t want to hire and expand in the U.S. Who can blame them?

  • valkyrie101

    In fact, Obama did not champion the liberal health care reform position, nationalized health care. He went for compromise, which is what community organizers go for. Investment bankers? Everything is cool there, felix, no need for any special regulations? And when you try to regulate they say you are “going sfter” them.

    You stand for the landowners, the establishment, the traditional values and perspectives which present the propaganda that federal workers are not legitimate.

    It used to take a hundred people and a room full of noisy machines to make 200 sweaters in an hour. Now they make 2000 sweaters in a room full of quiet machines in one hour. What happened to all the workers, felix? They work for the government regulating those machines.

  • felixw

    Valkyrie, read your own comments, and see why corporations won’t be investing and hiring in the United States. People like you — and your friend in the White House — hate business, and applaud whenever a corporation gets the shakedown from the politicians in D.C. Yet — strange to say — you also expect businesses to create jobs.

    Face it, you can’t have it both ways. If you penalize and demonize the people who do the hiring and investing, don’t be surprised that the economy is still tanking and people can’t find work. Corporations can set up operations anywhere in the world, so why should they invest in the US, where Democrat politicians glibly talk of nationalizing their assets, and extort billions of dollars out of them to please the left-wing ideologues like you? If you run the US economy like Chavez or Castro do, you should expect the same standard of living that they achieve in Venezuela or Cuba.

  • BillSays

    dawgs, 101 like that black pres- he had his head in Obbama’s black ass for 18 months. dat 101, he belief every ding dat Obbama says. dat white man is da bombb

  • BillSays

    dat Obbama was playing golf today. Dawgs, that not rite.

  • valkyrie101

    Felix,
    The corporations have already sold out the American worker, they manufacture in other countries where it is cheaper.

  • repletus

    The leisure time of Tony Hayward is prominently highlighted in the lamestream media (including Mediaite) while the fact that the President of the United States spent the same day playing golf for four hours with his Vice-President is conveniently ignored by the same lame brains in our media.

    No wonder that in polls taken, the press enjoys the same trust level as used car salesmen!

  • the real john t

    repletus says:
    June 19, 2010 at 10:35 pm
    ————————————-

    That’s funny. I didn’t know Obama was the CEO of BP. I also didn’t know he had a hand in the drilling and running of the collapsed rig. Boy, you RWers are soooo smart. You show your intelligence with every comment you make.

  • http://www.karlspensen.blogspot.com Karl Spensen

    BillSays, your satirical BLOG COMMENTS are GREAT!!!1 Those blacks sure are DUMB, aren’t they?!?!1 HAhahahAHAHAHahahLOLOLOLololOLOLOl!!!!1 The great thing is that you really have a HANDLE on how the blacks TALK!!1 I am PROUD to call you an ally of Right-Thinking Americans everywhere… from Michelle Bachman to Sarah Palin to Glenn Beck and BillSays – we are NOT ashamed, we are NOT embarassed, and we will TAKE BACK our Once Proud Republic with our WIT, our MATURITY, and our INTELLIGENCE!!!1

  • MichelleF
  • http://www.karlspensen.blogspot.com Karl Spensen

    Way to go sticking it to the LIB HACKS at MediaSPITE with your Real Journalism!!!1 You are so GOOD at telling the staff here how TERRIBLE they are and what they SHOULD and SHOULD NOT be writing about, I would think by now you’d be getting PAID to write a BLOG just like them!!1 You could be the FEMALE Bretbart!!1 Although you’re probably living by the old SAYING: “Those who can, CRITICIZE OTHERS. Those who can’t, GET PAID TO WRITE A BLOG”!!1 Or is it the OTHER WAY AROUND?!!1 <3 <3 <3

  • Bania

    HA HA HA THAT”S GOLD kArL !!!!!!!!!2 GOLD !!!!!!!!!!!!!!!2

    http://www.youtube.com/watch?v=vNPmXth8Aoo

  • the real john t

    MichelleF says:
    —————————-

    Newsbusters? Such a non partison credible source. HAHAHAHAHAHA!

  • rorschach

    the real john t says:
    June 20, 2010 at 1:12 am

    ______________

    If you’re going to be a douche bag, and snark at someones credibility or IQ, check your spelling retard.

    HAHAHAHAHAHAHAHA !

    http://en.wikipedia.org/wiki/File:Combination_enema_and_douche_syringe.jpg

  • the real john t

    rorschach says:
    June 20, 2010 at 1:19 am
    ————————————–

    What did I misspell little man?

  • http://www.karlspensen.blogspot.com Karl Spensen

    HAHAHAHAHAHAHAHA you misspelled “partison” LIB IDIOT!!!!!!!!!!111 HahahahahaLOLOLOLOLololol!!!!11

  • rorschach

    the real john t says:
    June 20, 2010 at 1:27 am
    rorschach says:
    June 20, 2010 at 1:19 am
    ————————————–

    What did I misspell little man?
    ____________

    Internet muscles john t , are even more pathetic than beer muscles .

  • the real john t

    WOW! I put an O instead of an A in there. If that’s all the little dumbass can attack me on, he must not be too bright.

  • rorschach

    Sharpen the rapier and bring the wit john t , I’m guessing though from the monosyllabic grunting that you seem to do , I may be waiting for awhile. Are you a union man ? Just a guess.

  • the real john t

    You can tell when someone attacks someone on the internet for a spelling mistake, that’s all they’ve got. They’re just a blowhard idiot.

  • rorschach

    Console yourself however you must john t.

  • the real john t

    rorschach says:
    June 20, 2010 at 1:44 am

    . Are you a union man ?
    ———————————-

    Yes I am and I’m proud of it. I’m retired from the Ironworkers Union and I’m not even 60 yet. When are you going to get off your lazy ass and stop collecting Welfare? Is that picture beside your name an ink blot that your doctor gave you before sending you back to your room at the asylum?

  • rorschach

    HAHAHAHAHAHAHAHA

    That’s genius john t . See first you bragged about yourself ,” I’m …. blah blah blah” . Then you went right to the ” You must be on welfare” gambit , boring and more than a little predictable . Then your big finish the ever popular “sending you back to your room at the asylum?”, which is well embarassing.
    On the creativity scale john t you didn’t score very well .
    That’s okay. The world always needs ditch diggers.

    ps ” non partison ” There are two things wrong with this . Karl helped you with one , so that was kind of cheating . Can you find the other by yourself ?

    Also, and this is an aside , Karl come by Think Progress so we can vote down your posts .

  • the real john t

    rorschach says:
    June 20, 2010 at 2:10 am

    “sending you back to your room at the asylum?”, which is well embarassing.
    ———————————

    What? When they send you back to your room at the asylum do you get embarassed. You should be used to it by now.

  • the real john t

    BTW rorschach , you never answered my question. When are you getting off your lazy ass and getting off Welfare?

  • rorschach

    HAHAHAHAHAHAHA

    john t your wit is fantastic ! Seriously ! I get it you tried to elict a “yuck” by making a play on syntax , but the better play would have been going for the laugh regarding the semantics.

    I am worried about your reading comprehension though . You may want to try reading out loud to yourself , its supposed to help with comprehension .

  • the real john t

    I’m sorry, I wrote used instead of use. I don’t want the scholar of the nut house jumping on me about that.

  • rorschach

    the real john t says:
    June 20, 2010 at 2:24 am
    BTW rorschach , you never answered my question. When are you getting off your lazy ass and getting off Welfare?

    That was a serious question ? I thought it was just something you , Ted and the other trolls threw around when you stuck for something to say.

  • the real john t

    rorschach, why can’t you answer my question that I’ve asked you twice?

  • rorschach

    the real john t says:
    June 20, 2010 at 2:35 am
    I’m sorry, I wrote used instead of use. I don’t want the scholar of the nut house jumping on me about that.

    _________

    Always go with your gut john t you were right the first time.

  • the real john t

    rorschach says:
    June 20, 2010 at 2:41 am

    _________

    Always go with your gut john t you were right the first time.
    —————————————

    And you are wrong, Mr. nut house scholar.

  • the real john t

    rorschach, I guess you’re going to ignore my question to you. That just means one thing.

  • rorschach

    “You should be used to it by now. ” or You should be use to it by now .

    Really john t , I’m trying to help you out here . Read out loud to yourself . Sure you’ll look silly, and yes people will laugh , in the long run though you’ll see I’m right .

  • the real john t

    rorschach, well I guess you have no intentions of answering my question. So that only means you have no desire to get off your lazy ass and you’re going to stay on Welfare for the rest of your life. Good luck with that you sorry ass. And I’m getting kind of bored conversing with a freeloading idiot. Good Night.

  • rorschach

    john t, Believe what you would like to believe . If it makes you feel a little less embarrassed to insinuate that I’m unemployed so be it . As I told you earlier tonight ,Console yourself however you must john t.

    ps If you hold the book up close to your face people will be less likely to know that you are reading out loud.

  • TfT

    So Rham criticizes the BP CEO for going yachting, and is silent (along with his pals in the media and here at mediaite) on Obama’s (won’t rest until the crisis is resolved) goes to a baseball game and hits the golf course for yet ANOTHER four plus hours……oh dear, who to point the fingers at? HAHA

    Lamestream media losing more and more credibility by the day.

  • felixw

    Valkyrie, you are so clueless about economics that it is almost impossible to respond to your points. You hate corporations and think they have “already sold out the American worker.” But prosperity in Seattle was created by Microsoft, Boeing and Starbucks, not government windbags. Prosperity came to Atlanta via Coca Cola and Home Depot, not the Democrat hacks who mismanage the city. Prosperity came to Los Angeles via the movie and aerospace industry, not the corrupt politicos siphoning off public money. Prosperity came to San Francisco via high tech companies like Apple and Google. Etc. If you think you can create jobs and prosperity without corporations, take a look at North Korea and Cuba to see how its done. Sad to think that people who think like you are shaping our economic policies — but the results speak for themselves.

  • valkyrie101

    felix,
    Obvious you can site any number of specific cases where the corporations stayed true to the American worker, but go to Lowes or Walmart and you will find that most goods are made in foreign countries, and the number of U.S. manufacturing jobs, that pay more than an impossible to live on minimum wage, has decreased. While that has happened, the corporate managers have dramatically increased their own salarys, to obscene levels, and have, in many cases, set up corporate offices in foreign tax shelters to avoid U.S. taxes. So what is the benefit of that to the teeming masses of U.S. citizens?

  • felixw

    Consumers chose to purchase from Wal-Mart because they offer more affordable prices and good value. You want to put them out of business, Valkyrie? Why do you get to choose where people can shop? Your elitist, nanny-state idea that you get to decide what people do is exactly what is wrong with the Democrat party.

  • Dandee

    All I can say about Hayward is that he Waited until he was not in charge of the spill to get his enjoyment. To say that about our president is NOT so. He has not stopped his jaunting around the USA campaigning for other democrats, he is still keepiing his golf Tee times and still playing his favorite basketball games. He is STILL supposed to be doing the job he has, but NO, he has more enjoyment to take care of. He just continues making the point that had does NOT care about what is happening to our country and as far as I can see he never will care, as he still hates the USA, IMO. After a few days or weeks we may not be able to voice our opinions about anything. That is unless it is praising the present administration. I do hope you people will wake up to the fact our freedoms are going to be taken away from ALL of us, If we don’t do something to stop it.

  • valkyrie101

    felix,
    Try to stay on track. This constant flinging of insults is distracting. The point is that many manufacturing jobs have been exported to foreign countries. That has helped those countries get going, and America assisted in the developement of their economies, in that regard. But the price for doing that is unemployment for lot’s of U.S. workers who’s jobs were sacrificed for the betterment of workers in other countries. Nothing against workers in other countries, but why should that burden be the American blue collar working man’s? The government has no choice but to help, and the cost should be born by corporations that have benefited by exploiting lower manufacturing costs in developing countries.

  • felixw

    Valkyrie, you complain about jobs going overseas. But anyone who wants to see what Democrat politicians and their union buddies can do with “good, high-paying union jobs,” just needs to look at Detroit to see what this leads to. The Democrats and unions have destroyed their employers and their communities, all in the name of forcing companies to work contrary to the laws of economics. And now you want to apply this same approach to the rest of the nation? Heaven help us!

  • valkyrie101

    felix,
    Yes the standard line about unions destroying jobs. Sorry, but unionized workers make up a relatively small percentage of all blue collar workers so you will have to think of some other excuse for the corporations that export jobs, and then dump their profits into foreign tax havens.

    Here is what is contrary to the laws of economics: CEOs that make tens or hundreds of millions of dollars while laying off workers, and then having the gall to blame unions.

  • felixw

    Valkyrie, consumers have the choice to buy US-made products. I have always bought American-made cars, appliances, etc. But other people make different choices. I ask again: What gives you the right to force people to buy American-made products?

  • valkyrie101

    Answer me this, felix, after they build a single machine that can manufacture any product, without the need for more than an operator, and a hand full of technicians, where will all the people be working? Seriously, is production the purpose of life? Why should not some people live in leisure, and what is wrong with that? The point is, the corporate system in America is being dominated by white collar corporate workers, who make a lot of money, and who get paid to cut expenses in order to maximize profits, and who therefore export the production to foreign countries, and shield foreign based income from U.S. taxes.

  • felixw

    Valkyrie, I have no clue what you are trying to prove. Do you want to force companies to stop using machines and make everything by hand? Do you want to force consumers to buy products according to your own rules? Do you want to shut down corporations and have the government run the economy? I’m not sure that even you know what you are after here.

    The bottom line here is simple. Either you let people decide what they want to buy, or the government forces them to buy products approved by nanny-state bureaucrats. For me, the choice here is clear. I believe people should get to decide what they want to buy. As for you, who can tell what you really believe, but you are clearly full of class envy, a hatred of business, and a willful ignorance of how jobs and prosperity are really created. Making public policy from those kinds of motivations is a recipe for total disaster.

  • valkyrie101

    felix,
    My point is that people lose their jobs when mechanization makes their jobs obsolete. Once that happens, where do they work? Now add to that fact this reality: Big corporations have figured out that it is cheaper to manufacture in countries that have little or no regulation. So the jobs are exported to another country. What is your solution to that for the American worker, felix? And then when masses of people are unemployed, you say, what? Too bad? Capitalism is great, no need to fix anything? And now that the corporations do not have to pay the American worker because they use workers in other countries who will work for a few dollars a day, they make more money. You celebrate that fact. Yea, capitalism is great. Sure it is great, the corporations now make more money than they did before. And all that money is held in private hands, either as corporate profits, or as hugh income for those that run the corporations, while the American worker is left to pound sand.

    Under those circumstances, what is the government to do, let people die? I say no. Tax the corporations and use the money to take care of the people who have been left out by the corporate greed.

  • valkyrie101

    Traditional conservative economic principles, that you conservatives advocate, do not understand that the economy is now global. Now, when the government holds back on taxes for a big corporation, which is what the conservatives advocate, on the theory that corporate profits will be invested back into the economy, thereby creating jobs, that investment is made in another country, benefiting other workers. That is a good thing for the workers in other countries, but the American blue collar worker is left out to dry.

    And you have no response to that argument, except the continued worship of a system that does not work in the modern world economy.

  • felixw

    What a laugh that you accuse me of not understanding that the economy is now global. You are the one who demonizes companies for responding to global competition. You are the one who can’t imagine an economy that isn’t driven by Rust Belt assembly line jobs circa 1937. You are the one who wants to force employers to ignore the basic laws of economics, and jump through hoops set up by Washington D.C. politcos.

    I suggest you look around at how real economies flourish and real jobs are created — at places like Singapore, Hong Kong, Australia, Silicon Valley, etc., and you will find that is has nothing to do with the know-nothing government bureaucrats who you want to manage things. There will be plenty of jobs created when Obama and company stop doing everything possible to destroy businesses. But as long as the Democrats run things, jobs will continue to be in short supply. The Dems hate business, and are filled with class envy, and this will prevent them from ever embracing initiatives that will create jobs and promote growth.

  • valkyrie101

    felix,
    Still waiting on you for a single practical idea on solving the problem that I keep mentioning: The exportation of manufacturing (and other) jobs to foreign countries. You just keep throwing insults as if that means something. Lame.

    Interesting to hear that you think that Singapore and Hong Kong should be our economic models. Maybe we can re-incorporate the cane and/or nasty working conditions and unregulated pollution into our social fabric.

    Class envy? Not something I really think about. But since you keep mentioning it, does that mean you believe in the class system? I don’t. The only class we have, in this country, is American. That is why when I see less than 1% of population owning and controlling 99% of the wealth, with 50K people a year dying because they have no health care, with corporations (and the cynical men that run them) making more money as a percentage of overall income than at any time in the last 100 years, with the gap between rich and poor dramatically increasing, I know that things must change. And that is the power of democracy, where everyone’s vote counts the same.

  • felixw

    You don’t think I have ideas for creating jobs? How about these:

    Bring back the investment tax credit
    Reduce capital gains tax
    Repeal the stultifying clauses in Sarbanes-Oxley that force many companies to list their shares in London
    Extend dividend tax breaks
    Etc. etc.

    The idea is pretty simple, my friend. You let businesses hire and expand without the government sucking blood out of them at every turn. Not that the Democrats would ever allow that to happen as long as they are in power (which won’t be for much longer). I imagine you believe that government creates jobs……

  • valkyrie101

    Yes felix, I mentioned that before, the conservative idea is that less tax equals more money for the corporations to re-invest into the economy. But again, how does that create jobs in America when, to cut costs and increase profits, they move their production facilities to those great economies you mentioned in Singapore and Hong Kong, and the re-investment takes place in those countries? So what happens is that the corporations and the men that run them make more money, but that fact does not generate jobs in the U.S. Please address that issue, if you can.

  • felixw

    Valkyrie, I have spent decades studying economics and business matters in more than two dozen countries around the world, and it would take to much space to go into details. But the general rule is simple. The US needs to look at countries that have a track record of creating prosperity and jobs, and follow the same kinds of policies that they use to create growth. Some are unorthodox but produce results — for example, the salary of politicians in Singapore is based on economic growth. The result is pro-growth and pro-job policies that have given the country the greatest increase in standard of living of any nation in the world over the last half century — Singaporeans actually have a higher percentage of home ownership than the US nowadays, whereas in 1959 they were living in abject poverty. In other instances, specific policies on taxation, tariffs, and education, etc. have proven that they can deliver results. This is not rocket science, but politicians in the United States seem clueless, and often embrace policies that actually destroy jobs.

    If the US actually adopted some simple pro-growth policies, we wouldn’t need to worry about corporations moving jobs overseas. Some jobs would continue to move to other nations, but they would be more than offset by job growth in other sectors.

  • valkyrie101

    Felix,

    You did not respond to my central question, again, and indeed, you have no answer.

    Funny, but America has been the model of economic growth for the world over the past 100 years or so. By looking at Hong Kong or Singapore we are looking at ourselves, fifty years ago. And, what, you want us to return to that? That’s conservatism in a nutshell.

    Why would a corporation bent on profits manufacture in the U.S. when they can go to Singapore, pay much lower wages, provide a less safe work place without consequence, suffer very limited restrictions on pollution, and pay much less taxes? America can not compete with that. It costs more to live in the U.S. so we must pay a bigger salary. And we have moved past child labor, unsafe work conditions, and massive pollution. Yes, we have regulated those things, unlike many other countries where the corporations have moved to.

    So tell me, felix, do the CEOs in Singapore make eight or nine figure salaries like they do in the U.S.? And if another country could manufacture cheaper, and underpriced their domestic market, would they put tarriffs in place to even the playing field, or would they enter into free trade agreements and invite their own corporations to move to another country to benefit from the cheaper manufacturing costs?

  • felixw

    Valkyrie, under your logic all jobs go to Africa because it has the lowest labor costs. But reality is much different. I repeat, look at places that create prosperity and jobs. Many of them have high labor costs. The average hourly wage in Singapore is now approaching ten dollars per hour, but they have a booming economy. I repeat, if the US adopts prudent policies, there will be job creation and prosperity. This is not rocket science.

  • valkyrie101

    Africa is not stable, politically, for the most part. Sort of like Singapore fifty years ago as you described in a previous post. But yes, eventually when economic development continues, perhaps Africa will begin to compete with Asia. And then Singapore will find itself in the same position as us.

    Our country is prosperous, and more productive than at any time in history, but all the profits are gravitating into the hands of a relatively small number of people. That is the problem. There is not true competition any more. But for conservatives, having all the money in the hands of the few, like the winners in a game of monopoly, or people who find seats in a game of musical chairs, is perfectly cool. But that is not the way it is supposed to work. Economics is not a game. And the masses of people, who have been given the gift of democracy, will eventually change that inequitable system, and kill that false idol that conservatives worship, greed.

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