Warren Buffett Slams Speaker Pelosi's Huge National Energy Tax

@jmbphilcrafts
i agree but this is short term, you wait 5 years when the Chinese are controlling big brands. and distribution and retail. we will be slaves... we will get manufacturing back eventually but we will be the cheap labour..., maybe not us but our children and there children... its not the taxes its the cost of labour, health insurance, workmans comp that is killing the USA

Global Warming is a global scam

AND ALL THAT MONEY BEING EARNED FROM MAKING AND SELLING us PRODUCTS, ALL BECAUSE THE CEO'S THINK ABOUT THE NEXT 1/4. BUT ALL THIS IP AND R&D IS BEING GIVEN TO THE CHINESE. i MOVED TO THE us TO OPEN A FACTORY AND MOVE PRODUCTION FROM CHINA, BUT AS I HAD TO EMPLOY 40 PEOPLE WORKMANS COMP AND HEALTH INSURANCE MADE IT IMPOSSIBLE NOT THE TAXES, IT WAS CHEAPER FOR ME TO OPEN A FACTORY IN CANADA THAN IN PHILLY. SO NOW IM BACK IN CHINA,

If American corporations were nit selling the Americans out to the Chinese they would also be forces to cut energy. Every big US company from Harley Davidson to GE has moved its manufacturing to China. Why because the CEO's only look to the next quarter, And do not care about this country and it's people. If US companies did not have to provide healthcare Americans would be cheaper and earn more money. Which they would spend or invest.

@bmer650,
The Bush tax cuts helped but were not enough to sustain American industry to continue moving many operations overseas because if you remember he could not get those tax cuts permanent because democrats had majority power in congress and wouldn't go along with the tax cuts unless they would expire in 2010. They thought Bush would veto a bill in such a way with the limits but he signed it & actually was smart on Bush's behalf because it will backfire on democrats in the end.

@bmer650
just wait till 2010 when obama repeals the Bush tax cuts & see industry look for further ways to save money & cut paying higher wages. Most people do not stop & think when democrats say raise taxes on the rich. Who pays the so called riches taxes? We do on the consuming end through higher prices and sales taxes. So whenever you hear a democrat saying they will cut the poor taxes and raise taxes on wealthier Americans it is nothing but a flat out lie.

The children are asleep...shhhh

to bmer650:

In my point of view...WHY THIS COMPANY MOVE TO OTHER COUNTRY,it is because of PROFITABLITY.
....lower in manufacturing cost,that includes taxes,salaries,wages,benefits, type of workers and administrative expenses and their are a bunch of such laws,regulations sets by the gov't that affect the profitability of a certain company which sometimes this laws are crappy and just put in there to squeeze the productivity of a corporation.PROFITABLITY MAKES THE STOCK HOLDERS HAPPY.UR 401K

People still using the term "Global warming?", (even though the planet has been cooling for the last 10 years). Don't you know the catch phrase used now is "climate change", (as if the climate has'nt changed through-out history). Those darn incovenient truths.

@ njchampnj,

I enjoyed our short conversation and respect your views. I do see you as a level headed person with reason. Take care.