Terry, that's an excellent point from Mr Jobs, but I really doubt those engineers in China are the ones developing the i operating systems. I guess most of that is done in Cupertino. And those engineers and factory workers get paid a fraction of what US engineers or even those in Cupertino earn. And if Apple was paying those Chinese factory workers $8.75 /hr, I'm fairly sure that Apple would not be sitting on the billions in cash it holds. It would be going into the US economy and growing exponentially in other ways that benefit more than just the 1 percent at Apple
Big, good stuff. I think I'll pull all of my assets from B of A and put it in a local credit union. Too bad they hold some of my loans...
Dave, great point. One fool presented on camera is neither the the basis nor the voice for a "revolution." And indeed, the message of Occupy Wall Street is poorly presented. Their website has no mission statement that I could extrapolate, and appears little more than a schedule to incite protest.
By the way, I'm one of the 99%...what ever that means...
I bought a house in SD in '04 am $100K upside down and can't modify my loan because I pay my bills on time and I do because am not willing to break the contract on which I signed or initialed 57 pages. I can't refinance my loan because I can't show 20% equity, even though I actually put 20% down.
Regarding Ft Myers blocking these protests, the right to peaceful assembly is covered in the 1st amendment of the Bill of Rights, so why the hell a local government thinks it has the right to stop a peaceful protest on public property in the name of liability insurance or any thing else beyond the scope of my comprehension. If the cops or zealots don't beat anyone up it shouldn't be a problem.
On the other hand people should have a grip on their gripe.
Just to lighten up the mood here's a viddy that hits home while being funny. And remember gang, this is comedy not an economic-political disertation.
http://www.youtube.com/watch?v=tRmZ9zH-mYM