Another Perfect Example of Outsourcing American Jobs

It is certainly for America to choose new leadership to begin bringing jobs back to the USA.

I am all in favor of a free enterprise system, but I have a real problem with American jobs going overseas.

Warren Buffett, Berkshire Hathaway’s founder and leader has always been looked at as an American icon when it comes to buying profitable companies, even when they are not in favor.

Berkshire Hathaway has controlling interest in Ocwen Financial Corp., which continues to export jobs out of the US.

The sooner that the policies and tax codes change in this country, so it is not advantageous to export American jobs, the sooner employment numbers in this country will change.

Now I understand why Buffett and Obama stand together talking about how wonderful thing are and will continue to be in this country. It is certainly for America to choose new leadership to begin bringing jobs back to the USA.

Ocwen Sale: ResCap’s Servicing Employees Fear Outsourcing

By: Paul Muolo

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Waterford Guy November 05, 2012 at 05:56 PM
I would love to design my utopia Hawkeye....but you and cirrus would invade, elect yourselves or someone like you to "rule" the people who voluntarily came to the utopia, steal half of the goods we produce, rape our women so that you breed us out, forcefully march people west out the the "utopia" we set up, imprision or kill us when we decide not to comply....That's a reply and a brief primer on the history of violence of the U.S. government that you Vehemently love. Also, could you take my name off the "social contract" I don't remember signing that. And since the mindset of a statist is predicable, I will continue to drive on the crappy roads the government "provides" at the great discount market rates of a system of forced taxation. cirrus....sorry for confusing you...but.....your missing keywords here, if I voluntarily GIVE someone something, church or individual, that's a transfer of private property. If someone threatens to put me in jail for not handing them over 30% of my yearly earnings, thats stealing, regardless of how many other citizens sanction that behavior through a vote. Your dig on the catholic was funny though.
Jose Cruz November 05, 2012 at 06:00 PM
Hi Kelly Politikos or should I say HIGH? If you only took the time to listen to reason, you never would have had those bad trips at Woodstock nor all the reoccurring flashbacks, confusing your imagination with reality. You must still be putting questionable mushrooms on your pizzas in order to remain in that imaginary world of yours. Some people must like being in a drug crazed stupor, seeing all the music, hearing all the colors while in self proclaimed delusional superiority mode. When you get off your break, could I please get a small soda with those fries?
Jose Cruz November 05, 2012 at 06:22 PM
Avon calling! AKA Kelly
REVMAN November 05, 2012 at 06:49 PM
Maria -FEMA should NOT give free help ,you own a house you get insurance or suffer the consequences.I purchased full replacement insurance just for just that reason and so should everyone else,if you can't afford insurance you have NO right owning a house.Home insurance is less that most peoples cell phones per month.
REVMAN November 05, 2012 at 06:56 PM
You are right TOM. The Social Security Admin can only pay out full payment until 2033(or less) then will pay out 75% and Medicare starts to faulter next year,so even the Government is headed over that same cliff.Things do not look good forthe USA.
REVMAN November 05, 2012 at 06:58 PM
You made your point time for COMPLETE change.
Bob B November 05, 2012 at 07:03 PM
Apples and oranges. To the extent FEMA had been weakened in your example, there had been no corresponding effort to transfer funding/managment to states. So you're dismissal of the concept based on that experience lacks validity.
Andrew Ziemba November 05, 2012 at 07:05 PM
Hawkeye, here is the problem with your analysis. Tax cuts are meaningless without deregulation. When tax cuts and/or deregulation are ever given, they are ALWAYS in favor of the huge corporations which lobby for them. This is very basic and I am surprised you don't understand this. The easiest way to get richer if you are rich is to invest your money into a business that you think will succeed, but more specifically, to do something that government has not entirely regulated to death. Depending on how you get your returns on your investments, you will pay very little tax, or very much tax. It should not be surprising that people who want to get rich will be investing in ways that will not be as heavily taxed as others. If there was a zero percent federal income tax in this country, it would be the greatest business boom in the entire history of the planet. No rich = no jobs
Bob B November 05, 2012 at 07:07 PM
Let's hope that the current President has a sense of humor, becasue he is going to get a good sense of tragedy when he sees the vote counts Tuesday night.
Andrew Ziemba November 05, 2012 at 07:10 PM
@ Robin Hood 1) Sweatshops are good for the countries that they are in 2) Cheap labor in China will not last forever, so we should use it while we can 3) American workers will not work the jobs that are currently overseas as long as American consumers demand low prices. 4) Maybe if Americans actually had money, they would purchase expensive items that are made in the USA. Unfortunately all of that money right now is going to the elite bankers, the military and pharmaceutical industrial complex as well as to fund the cushy pensions, salaries, and healthcare of all government workers.
Andrew Ziemba November 05, 2012 at 07:15 PM
Democrats and Republicans both refuse to acknowledge the fact that America's greatest period of growth in wealth as a nation was during the time of unrestricted capitalism and free markets, a gold standard, peace, free trade, welcome immigration, and a zero percent federal income tax. Liberals and neo conservatives both hate to admit this.
Spiff November 05, 2012 at 07:19 PM
As Glum used to say, "we're doomed, we'll never make it"!
Bob B November 05, 2012 at 07:48 PM
My friends on the left have attempted to make the argument that NJ Governor Christie accepting assistance from FEMA is tacit ideological acceptance of big government. By accepting federal help he has endorsed FEMA, their organization and their current role. They assert the acceptance of assistance is totally inconsistent with and precludes any desire to change the organization. If we accept that logic, then Governor's Malloy and Cuomo, by accepting assistance from the US military (Coast Guard, National Guard, Army Corp of Engineers) have implicitly endorsed the role of the US. Consequently, they accept the military and their role in all current conflicts around the world, because the acceptance of assistance precludes and desire to change. Similarly, nobody who receives any benefits/claim payments from health insurers can possibly want to change the way health insurers operate. The acceptance of the assistance precludes that desire. I would think that this shoddy logic would be obvious, but if you read many of the preceding posts, some of the leftists continue putting it forth. Call it intellectual laziness, intellectual dishonesty, partisan zeal or maybe its just that the left is illogical.
MAC November 05, 2012 at 08:04 PM
Everyone who thinks Obama deserves another term needs to watch this video before voting, so that you know exactly what outcome you are voting for: http://www.youtube.com/watch?v=gsa4uLmTw0M 7 1/2 minutes of extremely well presented fiscal facts about the disastrous path down "The New Road to Serfdom" our nation is on, and other information, including excerpts from well known former liberals, such as Ronald Reagan. Any Obama supporter who won't invest that much time to see this excellent video (not paid for by any campaign, the Koch brothers or any PAC) chooses to remain willfully blind or ignorant, imo--and will come to regret his re-election at some point (in that unlikely event). I do believe that Romney and Ryan, "America's Comeback Team" are going to win resoundingly tomorrow! That is because most Americans see the obvious differences between Obama, who wants people to vote for "revenge," and Romney, who calls on Americans to vote out of "Love for America!"
William B. Sears November 05, 2012 at 09:11 PM
Anyone who watches this video and votes for a Liberal is not paying attention to the facts. You can not spend your way out of debt, you have to cut spending and pay the debt off. How many of our freedoms do we have to lose before we wake up and elect people who will use common sense and face the facts?
Tom November 05, 2012 at 09:32 PM
Robin wake up Jobs are not ever coming back. anyone who thinks a trade policy can do anything substanial has a complete misunderstanding of economics and capital flows. We cannot realistically solve our problems by trying to return to the the 19th century because the American economy of that era depended on conditions we cannot reproduce today. Though some may think it desirable, we cannot return to a largely agrarian economy. Nor can we replicate the industrial system of the 19th century, with its extremely high tariffs against foreign goods and a completely laissez-faire national attitude toward immigration. Trying to recreate the American economy of a century ago would lead to massive dislocations, depressions and quite likely wars around the world, not to mention thoroughly wrecking the American economy and bankrupting many of our banks and biggest corporations. Even though Andrew and Robin would most likely take this as a good start.
Tom November 05, 2012 at 09:36 PM
The FDR/Progressive blue print that worked and has know failed.proves There’s no going back even half a century ago, because the great achievements of liberalism were also rooted in conditions we cannot replicate today. Between 1914 and the 1970s, when the progressive social model took shape and rose to power and success, the world economy was in an unusual state. International financial and trade flows were much lower than before 1914 and after 1970, due to the disruptions of two world wars and the Great Depression. And the United States was so far ahead of the rest of the world in manufacturing that few American companies (or workers) had anything to fear from foreign competition. Capital was dramatically less mobile; it was much easier to tax high earners without driving savings and investment out of the country.
Spiff November 05, 2012 at 09:37 PM
Anyone who thinks Obama is anything but a liar is kidding no one but themselves. Unfortunately, William, there may not be enough smart people in this country to defeat him. I guess we'll find out tomorrow. Hopefully Good will prevail over Evil! As Abraham Lincoln said, You don't make a weak man strong by making a strong man weak! Lincoln was arguably one of our country's greatest Presidents! And MAC, thanks for posting the Youtube link.
Kelly P November 05, 2012 at 09:43 PM
Andrew Z mentions America's mentions what he call America's greatest time of growth and forgets to mention that women did not have the right to vote during that time. He doesn't mention that the same period lead to the greatest accumulation of wealth among the smallest percentage of the population in history, until the present era that is. He doesn't mention use of child labor, low wages and virtual slavery for new immigrants was the norm in urban settings, with 0 healthcare opportunities and no security for the elderly. Yessiree, real good times.
William Brighenti, CPA November 05, 2012 at 09:46 PM
Take a deep breath, friends...smell the love in this chat room...LOL!
Tom November 05, 2012 at 09:54 PM
Americans in the first two thirds of the last century were more willing to engage in group politics than is the case today. Industrial workers fought to build unions and generally voted the way their leaders advised them. Ethnic groups stuck together and voted as blocs. Twentieth-century liberal politics generally involved negotiated agreements among party bosses and other leaders who commanded loyal followings. Few politicians today can count on this kind of unquestioning support in an era when party structures and patronage networks are both weaker and less reliable than they used to be. Now, instead of party structures funding candidates, candidates are expected to fund party structures. We must come to terms with the fact that the debate we have been having over these issues for past several decades has been unproductive. We’re not in a “tastes great” versus “less filling” situation; we need an entirely new brew. But this is nothing to mourn, because both liberalism died of success, just as versions unabated free enterprise died before them.
Jim Aspen November 05, 2012 at 10:20 PM
How many Jobs has Obama created in China
William Brighenti, CPA November 05, 2012 at 10:28 PM
Corporations still get tax write-offs for outsourcing operations. The Trans-Pacific Treaty, being negotiated behind closed doors, will become law after the election and will ship 40 million jobs that your children will not find here. Isn't America a great country? http://www.cpa-connecticut.com/blog/
Pete Zuppardi November 05, 2012 at 10:59 PM
CL&P restored our power, and tomorrow we get to restore the American Dream, and vote out all the socialists, redistributionists, and tax-and-spenders. That "revenge" comment should be ringing in everyone's ears when they enter the voting booth tomorrow. Let's instead vote because we LOVE AMERICA!
Andrew Ziemba November 05, 2012 at 11:01 PM
I did not mention them because short of women not being allowed to vote, they were all good and necessary things. How can you possibly think they were not beneficial to everyone? First off, child labor was necessary just as it is still necessary in places like China. Low wages were given because the work was very low skill labor. There's nothing unusual about that, and when the minimum wage laws came along they simply put millions out of work. New immigrants worked the jobs they could get for the wages they could get, until they learned a skill or became educated. Healthcare was taken care of with a relationship between the doctor and their patient, and it was affordable for nearly everyone. Charity hospitals were the norm, NOT the exception, and you could actually SAVE MONEY for unexpected health problems if you did not have health insurance. Now if you save money, it loses value before you even put it in your bank account thanks to inflation and 0% interest rates... The elderly saved for their retirement carefully and family took care of family when necessary. The family unit actually existed back then. Now it does not. Now you never see your grandparents and when you are older, your parents just go off to a nursing home and leech off of the state. Yep, things were horrible back then. You would do well to read the story of the ant and the grasshopper. It's a great children story that even children can comprehend.
MAC November 05, 2012 at 11:57 PM
DeLauro is an acknowledged "Democratic Socialist" and cheerleader of more and more DEPENDENCY on government--like Food Stamps and Free Diapers! 3rd CD voters: Vote for Wayne Winsley and Retire Rosa, "Diva of Debt, Deficit, and Dependency" from her 22 years as a 'career politician' in congress. "We ALL Win with Winsley!" whether you are Democrat, Republican or unaffiliated! Thanks for the humor and wisdom, Wayne--delivered with such enthusiasm, intelligence and personal warmth during this crucial campaign. For those who have not met Wayne at a meeting or one of the rallies, please check him out at www.winsleyforcongress.org. Please spread the word about what a fantastic replacement for DeLauro that Winsley will be in congress! Wayne is also on Facebook. www.facebook.com/Winsley.for.Congress If you support Wayne, you can help by picking up a sign, gather some friends and family and hold an impromptu rally at a well-trafficked intersection! You can help tomorrow by standing at a polling place in the 3rd Congressional District with a Winsley sign, wearing his button and a smile, and letting voters know: "You have a real CHOICE for congress! We All Win with Winsley!" Here is a one minute video message from Wayne: http://t.co/x7Rxb9DC "You have a choice this election!" https://www.facebook.com/RosaDeLauroCronyism
Yankee in the south November 05, 2012 at 11:57 PM
There is much to say about who we should vote for. For me I look at the office of Prez as a VERY important job and we have before us two resumes one has strong leadership the other no leadership and a VERY failed attempt at trying. I live in the south and it is very sad to see the african american vote going to obama just because he is black very sad indeed many of these good people are voting for a failed man.
Watts November 06, 2012 at 09:49 AM
Good thing that you wrote the word "jobs" in all caps, otherwise not everybody would have recognized what a goofball that you are.
Christopher Schaefer November 06, 2012 at 11:42 AM
Rosa DeLauro vs Wayne Winsley: http://RosaDeLauroExposed.wordpress.com/
cirrus November 06, 2012 at 03:29 PM
you know the lingo a little too well.. experience much?


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