AT&T to cut employee benefits due to $1B tax increase.

[Kasz216]

NinjaguyDan said:

mrstickball said:

NinjaguyDan said:

TheRealMafoo said:

http://money.cnn.com/2010/03/26/news/companies/att/index.htm

http://online.wsj.com/article/SB10001424052748704100604575145981713658608.html

And so it begins.

Which is why we need to elect people who will regulate those mutherfuckers.

Could you elaborate, please?

Oh, sorry.  I meant: REREGULATE THOSE MUTHERFUCKERS.

I watched the fall of the US as an economic Super Power in realtime.  It started with Reagan, the granddaddy of the neocons.

Do you know what a tarriff is?  It's a tax on imports.

Say, a pair of tennis shoes costs $.90 to manufacture in the US, but they cost $.10 to make elsewhere, an $.80 tax would be levied on all tennis shoes imported.  Ronald Dickhead Reagan, with a compliant congress, did away with that protection. End result: China pwns the USA.

DON'T even get me started on usury laws. (I MEAN IT!)

You do know that neither Republicans or Democrats are for tariffs right. (Outside of their special interest groups.)

Tariffs are bad for the economy.  Not good.  They lower world interconectivity which increases growth, and are quite unfair to third world countries.

Also, you know.  Tariffs can always be repaid in kind. 

Being against tariffs is like saying we should put a tax on stuff sold at Wal-mart because they sell it cheaper then local stores.