A Quote by Christopher Wylie
The United States is walking in the same direction as China, we're just allowing private companies to monetize left, right and center. Just because it's not the state doesn't mean that there isn't harmful impacts that could come if you have one or two large companies monitoring or tracking everything you do.
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The companies sending Alabama-made products to markets across the world are not just large, multinational companies, but also small and medium-sized companies located in communities across the state.
When we first started our internet company, 'China Pages', in 1995, and we were just making home pages for a lot of Chinese companies. We went to the big owners, the big companies, and they didn't want to do it. We go to state-owned companies, and they didn't want to do it. Only the small and medium companies really want to do it.
Allowing an independent and sovereign Iraq could be a nightmare for the United States. It would mean that it would be Shi'ite-dominated, at least if it's minimally democratic. It would continue to improve relations with Iran, just what the United States doesn't want to see. And beyond that, right across the border in Saudi Arabia where most of Saudi oil is, there happens to be a large Shi'ite population, probably a majority.
Our tenants now are companies like Uber, the taxi service, Meituan.com, China's version of Groupon - and a large number of startups. These companies operate in a modern way, just like their customers: They go on the Internet, look for an offer and take it.
But it is a worry that there have been so many delays in the reform of China's state-owned enterprises. We all know that private companies are run more efficiently than state ones. These reforms are very much anticipated for the potential dynamism they could create.
In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. Many American investors properly made use of this deferral in the conduct of their foreign investment.
When we see companies who are in complicit relationships with China, for example, making huge profits by providing China with the very software that enables the state to censor its own people, that is not acceptable. We need to engage with such companies to make their responsibilities clear.
Large companies can afford to file patents on every idea they have. Small companies, we have to weigh our options, do the research. We have to decide where to place our bets. We can't just cover everything we do.
We really wake up every day trying to build businesses. That is the goal of private equity. It's a misnomer out there that private equity profits by shrinking companies. In fact, it's just the opposite. Private equity creates value by growing great companies.
The United States, Russia, and China are the only three countries in the world that can launch astronauts into space. Mostly in the U.S. you see some companies trying to launch private commercial people into space, but nobody's done it yet. The only private vehicle that's made it into space so far is Spaceship 1 in 2004, and that was an effort that was funded by one of the Microsoft founders, and he spent about $20 million to develop this spacecraft to do a sub-orbital flight. And it's not the same as going into orbit, but it was a huge first step.
I'm advocating for companies not to make women sign confidentiality clauses just to be able to come to work. I understand that companies need to keep some things secret - like business practices and trade secrets - but confidentiality clauses were never supposed to be keeping private what's happening to people within the workplace. It's a human right issue.
Conservatives by and large believe in the corrective power of the free market above all. If we don't like how private companies are doing business, we should just start our own to compete, right?
You take a look at what's happening to steel and the cost of steel and China dumping vast amounts of steel all over the United States, which essentially is killing our steelworkers and our steel companies. We have to guard our energy companies. We have to make it possible.
Foreign companies in the United States have a significantly higher unionization rate than other companies overall.
What the Supreme Court did in Citizens United is to say to these same billionaires and the corporations they control: 'You own and control the economy, you own Wall Street, you own the coal companies, you own the oil companies. Now, for a very small percentage of your wealth, we're going to give you the opportunity to own the United States Government.' This is the essence of what Citizens United is all about - and that's why it must be overturned.
I'm one of those people who believes that part of the greatness of the United States is our private sector. It's what we do as private citizens for ourselves and our companies. And our economy is essentially the wonder of the world because, in fact, it's produced so much for us over the years.
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