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.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 12:20 PM
Original message
Why did Warren Buffet build factories in China
and Israel and not here.
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terisan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 12:27 PM
Response to Original message
1. If this is true, good question. nt
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.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 12:38 PM
Response to Reply #1
3. Watched a special about him onTV.
Don't know what interview it was in but he said " it was easy" couldn't do it anyplace else. Searching for source now.
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.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 12:59 PM
Response to Reply #1
5. Here is some and I will find more.
On his decision to build up a stake in China's Petrochina he said: "We think we understand the oil business in China reasonably well

Chinese battery manufacturer BYD can now be mentioned in the same breath as Goldman Sachs: both have recently been given the blue-chip imprimatur by U.S. billionaire investor Warren Buffet. The Oracle of Omaha's MidAmerican Energy Holdings has bought a 10-percent stake in BYD for $230 million.

BYD has big plans for its lithium-ion battery work and its automotive division. The company's automaking arm builds – or clones, depending on your viewpoint – cars that it intends to eventually export around the world, including America. Its ultimate aim is create its own cars that run on its own batteries, like the e6. Assuming that BYD gets the batteries to work, and then can sell them to other automakers, the company will have a huge competitive advantage. If it can sell its cars, that is.

Buffett's investment will help BYD achieve that, and should help Buffett make even more money. BYD says another planned use of that $230 million is to accelerate its move into the U.S. market, which was planned for 2010. When they finally do arrive, we'll see if Buffett has as much faith in their vehicles as he does in their batteries.

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musette_sf Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 12:36 PM
Response to Original message
2. that should be okay with you though
since your proposed triple-sized paramilitary forces should absorb all those laborers.

here are some non-progressive, non-Democratic ideas from Mr. No DU Profile Chet:


8. Armed Forces. Triple size.
9. Police Forces. Triple size.

Law and order. Strong military.

You can't blame the homeowner for taking out risky mortgages. They were told to not worry about the terms of the mortgages because in five years the house would be worth more than the mortgage.

I still am a supporter of clean air, but now I want a way to do it that doesn't continue to ruin the USA's economy.

Over zealous and untested environment laws led to the collapse of the USA as an industrial power.
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.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 12:51 PM
Response to Reply #2
4. And absolutely what is wrong with any of that?
What is wrong with any of it. Please refute any of it. If you have an ideal, defend it. I put what I say out there. You can't have it both ways.

Remember Obama was against the gas tax holiday. I guess too many poor people would be crowding the roads for the deserving people to drive safely.

Try and look at and understand the whole picture. Go to my web site and tell me if there is anything wrong there. Maybe I can't get my ideas out in a

way to start support for this country, but I am learning. I listen to every comment made to or about me, and try and get my idea out. Am I wrong or

mistaken or perceived to be wrong or mistaken. I fought for clean air without listening to any objections to what I was saying. I just reported the

litany that was told to me. I am weighing everything now. You can have environmental laws, but they have to make sense in view of the situation.

Conservation in politics just doesn't work and it doesn't work in the environenmt as well. Plans and procedures have to be developed that will have

real effects, not emotional appeals to a supportive following. Read this and then tell me something. Don't be blind in your fight.

http://www.sepp.org/Archive/controv/controversies/epavskrug.html "People First and Double the New Deal"
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musette_sf Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 01:00 PM
Response to Reply #4
6. you have evidently cut and pasted this response
Edited on Wed Jan-28-09 01:01 PM by musette_sf
to others before, since this particular cut and paste has line breaks that you forgot to delete.

i suggest you take your PR campaign elsewhere, since your ideas are not progressive or Democratic.

your scorched-earth ultra-paramilitary ideas are actually more Chinese than anything else. you have become that which you think you are fighting against.
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.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 01:30 PM
Response to Reply #6
7. I am sure that what you said must have been a put down,
although I didn't get it. Please refute one of my ideas. I don't think that you can fault them under close scrutiny. Nobody has ever said that clean air has been a beneficial effect for our economy. It is said that strict adherence to the ideas put forward would eventually save the planet for our children. And of course that is a good catch phrase. I am still reeling over the cut and paste comment, although I don't have a clue what you are talking about or the point you were trying to make. My point is that just because you are on a team, you can't blindly follow what the team leaders say as gospel.

But I will cut and paste something that I said to someone else


Massive taxes to support recovery.
Massive free health care to everyone.
Free 24/7 childcare.
Massive subsidized work programs.
Massive increase in farm output government food programs.
Fill all vacant housing minor fee paid out of payroll deduction.
Under $50,000 pay no income tax.
Make human rights goal of USA.
Massive local law enforcement in numbers and pay.
Massive increase in military pay and enlist more members.
Retract all US Armed Forces to United States.
Treat all foreign insurrections with SDI technology. Use satellite laser strikes to make combatants aware of our presence.
Reduce non violent offenders to community service.
All violent offenders to work farms.
Foreign workers are not our enemies, work for all the world.
We have been beaten into submission for too long.
There is nothing wrong with welfare.
Some people just can't make it. No reason to punish them for that.

And here is another cut and paste..

Posted by callchet in Economy
Mon Jan 12th 2009, 02:02 AM

Chances are I was organizing strikes, giving labor speeches, an elected union official and threatened by federal warrants for labor activity before you were born. So if I am concerned you should look very closely at what I am worried about.
Read entry | Discuss (1 comments) | Remove from Journal | Add/Edit intro


If you have gotten this far, then you should have learned something.
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musette_sf Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 01:38 PM
Response to Reply #7
8. let me make this real easy for you:
1. this is not an excuse for you to cherry pick the ideas on your website that "look progressive/Democratic" and spam DU with them, when called on the ideas on your website that do NOT "look progressive/Democratic".

2. this is the last time i will respond to you, because it only encourages you to spam DU more with publicizing your web site and regressive ideas that are incongruent with progressive/Democratic ideas.

3. i am an AARP member, so you must be, like, 80, i suppose.
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.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 01:44 PM
Response to Reply #8
9. Born in 1944 and I have lived and learned.
I know that you are not reading this, but everything on my website is in line with my Hero and savior of the world FDR.

Like I said, refute anything.

Why don't you want to help?

Do you think everything is on track to recovery ?
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.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 01:46 PM
Response to Reply #9
10. And I will listen to and talk to anybody .
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terisan Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 01:49 PM
Response to Reply #9
11. 1944-a very good year for learning from past and figuring future direction. nt
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.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-28-09 02:51 PM
Response to Reply #8
12. There is no way you can read my website and come back with what you said.
I just went there to see if I could find what you said and there is nothing incongruent with progressive/Democratic ideas. They are in fact more liberal than anything.
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-09 02:04 AM
Response to Reply #4
13. Blaming the economic collapse on environmental regulations is just ignorant.
Plain and simple, it's ignorant. Nothing more.
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.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-09 02:24 AM
Response to Reply #13
14. Okay, so I could be wrong and ignorant
but why did we lose jobs to over seas factories ? I am truly looking for an answer. Nothing is going to change by what I say, but I would like to say what is right and that is what I woudl like to find out.
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-09 05:45 AM
Response to Reply #14
16. lower wages.
by the time NAFTA was signed into law, clean air and clean water regulations were already well established. Businesses had already absorbed most of the costs of environmental compliance.

The cost of living in China, India, Mexico, Malaysia and other trade partners is well below the COL in the USA, and the quality of life is also lower. Often, higher education is free or heavily subsidized. These things result in a work force that is willing to accept much lower wages. It's impossible for Americans to compete.
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.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-09 10:46 AM
Response to Reply #16
17. Then we can compete
by subsidizing our labor and cutting unnecessary programs.. Not spending, just programs. Until we meet major human rights goals like health care and child care and housing, I think we should redirect all the brains in the space and deep space programs to solve our immediate problems. I think that most of all our programs that aren't energy directed should be directed in that direction. I am assuming that they can be solved, so lets solve them right away. I don't want to take away anybodies job, just give them another job.
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.... callchet .... Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-09 03:12 AM
Response to Original message
15. Here
Berkshire Hathaway Invests in BYD. 09-28 15:36 Caijing Magazine. A subsidiary of Warren Buffett's Berkshire Hathaway will buy 225 million shares of China's ...
english.caijing.com.cn/2008-09-28/110016826.html - 19k - Cached - Similar pages -
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WillYourVoteBCounted Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-29-09 11:55 AM
Response to Original message
18. cause wages are about .25 cents an hour and no benefits?
But a few years ago those wages in China were even lower.
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