Should capitalists that move their jobs overseas lose their US citizenship?

[Cleita]

34. I really, really think that global corporations should not be allowed to set up shop in the USA

even though maybe they had their roots in America like AT & T. Those companies that are incorporating in tax haven places and putting their money in banks overseas should be declared non-USA based companies. That really is what's happening. Not only does it take away jobs but tax revenues cause it's easy for them to hide profits if they are incorporated in other countries. We could do a lot by insisting that our corporations be solely incorporated in one of the American states. We could do business with foreign companies by treaty but they shouldn't be allowed in here mining our national resources like BP and their footprint on our landscape should be minimal. I don't give a crap that Toyota has plants in America. We should be producing American cars in those plants instead and selling them overseas as well as here.

If we had a law stating that stores like Wal-Mart had to keep 60% of their stock with goods made in America, and if we put tariffs on cheap imports bring the retail price to what American made goods would cost, we could accomplish this. It was what we did after WWII and it worked. We could do it again. Our incorporation laws were very protective of our American industries then but also restrictive to keep them in line.

Laissez faire economic policies were one of the main reasons behind the French Revolution and will cause one here in the future if we don't wake up.