Ann Coulters take on the UK riots

Quote from Ricter:

So business is turning away customers, declining to make sales, because they lack confidence about future costs?
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Business is slightly more comlicated than that, but perhaps Jeffrey Immelt, the CEO of obama's favorite corporation, GE, and the chairman of his jobs commission could explain it to you. He just moved GE's MRI division, which everyone would concede is the kind of high tech, knowledge-intensive business we need, from the US to China.


If an obama-suckup has that little confidence in him, why should the rest of us trust him?
 
Quote from AAAintheBeltway:

Great Britain gradually lost its industrial competitiveness as decades of leftwing policies took their toll. They got a brief respite during the Thatcher-Reagan years, but soon returned to their downward glide path.

Now the country exists as a kind of theme park for tourism, propped up by financial services and oil. This week will absolutely destroy the tourist business, probably for years to come. They are gradually driving off financial services as well, with tax and regulation. Oil will run out eventually.
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I am not sure how you arrived at that conclusion since its always been apparent that all the UK political elites have always resented individualism and free market philosophies its not an exclusive domain of the left. As for Thatcher making the UK more competitive thats only true of the financial sector where deregulation actually had a positive effect, elsewhere deregulation and the weakening of the unions had no effect on industrial competitiveness whatsoever. If anything Thatcher will be best remembered for the expansion of the welfare state and fiscal ineptitude.
The fact that lower class brits are violent, drunken scum is not news to anyone who ever went to a soccer match or found themselves in a charter vacation flight with them. The only plausible way of dealing with this problem is to enact mandatory military conscription and rent them out as global mercenaries. The Tommy has always made a darn good soldier and it gives them an outlet for their inbred violence. There could be a decent market for them. Certainly, it would be cost-effective for us to hire thme rather than spend the staggering sum of $1million per year per soldier deployed to Afghanistan or some such other "vital interest" of the US.
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People in glass houses with AA+ credit ratings should not throw stones.
 
Quote from Ricter:

I don't care who's in office, what business is going to hire and wait for sales to catch up? Unless, sales are growing... are sales growing?
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Naive.

It isn't all about sales.

Say you have a company that makes widgets. And there's new equipment that will help you make these widgets cheaper, but the capital outlay required will mean that it will take 7 years for the investment to break even, given zero sales growth.

But a further analysis says that if taxes increase 8% due to politics/guv spending, then it will never repay itself.

Why would any smart business ever invest at becoming more efficent (and hopefully more environmentally clean) given the condition that taxes may increase?

They will wait until things have settled, and they know that their taxes are gonna increase only 2%, and therefore the investmant will now pay off in 10 years.

IOW, until they KNOW..... they will sit on their hands doing nothing, which means that the company that makes these more efficent machines miss a sale, the construction compant that would be constructing the new building and installing the new eq will miss out on a job, the local guv will miss out on charging for inspection fees etc, and the local geotechnical service contractor will miss out on doing an EIR.

All cuz of uncertainty.

End sales of widgets have zero effect on whether or not THIS type of project gets off the ground.......
 
Britain is just great! That is if you are happen to be a criminal. You don't don't need to worry about any of the law abiding folks, they are not armed and they are certainly not allowed to defend themselves with anything more than rehtoric (better make sure it's PC rehtoric though!).
 
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