A Quote by Scott DesJarlais
When I see stimulus money being used to attack American companies and American workers, I think it would be very unsettling to be working on the assembly line of Coca Cola, look up, and see an ad that's trying to hurt the very job that you make your wages and pay taxes from.
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Everywhere in Africa, you see Indian, Chinese, Brazilian businesses. Other than Coca Cola and the oil companies, it is very rare to see American businesses.
Apparently, union bosses are so distraught about declining enrollments they will stoop to exploiting illegal workers. There is no doubt that this would hurt American workers, who would suddenly face a flooded job market full of cheap foreign labor. It would depress the wages of the American workers and cost them jobs.
All the interesting films are now being made by their subsidiaries for very low budgets. But the studios are not making money. They're making these big, very expensive pictures that take a lot of money but don't really pay for their costs. So they're having a very difficult time. I can see the system breaking down. I think the American studios are a reflection or a metaphor for American industry altogether, which is failing in the world. Its economic domination is being broken down and I think the same thing is happening to the studios.
Would you rather have cheap, subsidized - illegally subsidized - goods dumped into the Wal-Mart and not have a job and not have your wages go up in 15 years, or would you like to pay a little bit more - not much - a little bit more, have a job, and have your wages going up? I think the American people are going to make that choice.
By the standards of honest, if unorthodox, accounting, government workers don't pay taxes, but are paid out of taxes. In other words, they pay taxes out of money confiscated from taxpayers, who, in turn, pay taxes twice: on their own income and on the income of members of the bureaucracy. At the very least, this should disqualify state workers from voting.
I think Americans today look at the moon and think of it like apple pie or Coca-Cola. It's American. We planted our flag there. We see ourselves in it and don't like the idea of anyone else taking over the moon.
Coca-Cola is little more than sugar, some flavoring, and lots of (carbonated) water. It is largely indistinguishable from innumerable other brands of cola, yet people around the world seem to think that Coca-Cola is something and they are eager to ask for it by name and even to pay a premium for it.
Coca-Cola remains emblematic of the best and worst of America and Western civilization. The history of Coca-Cola is the often funny story of a group of men obsessed with putting a trivial soft drink "within an arm's reach of desire." But at the same time, it is a microcosm of American history. Coca-Cola grew up with the country, shaping and shaped by the times. The drink not only helped to alter consumption patterns, but attitudes toward leisure, work, advertising, sex, family life, and patriotism.
It was actually books that started to make those pockets of freedom, which I hadn't otherwise experienced. I do see them as talismans, as sacred objects. I see them as something that will protect me, I suppose, that will save me from things that I feel are threatening. I still think that; it doesn't change. It doesn't change, having money, being successful. So from the very first, if I was hurt in some way, then I would take a book -- which was very difficult for me to buy when I was little -- and I would go up into the hills, and that is how I would assuage my hurt.
American workers won't be able to compete fairly for jobs until companies have to pay higher wages in countries like China and India.
We need to realize that these industrial methods of farming have gotten us used to cheap food. The corollary of cheap food is low wages. What we need to do in an era when the price of food is going up is pay better wages. A living wage is an absolutely integral part of a modern food system, because you can't expect people to eat properly and eat in a sustainable way if you pay them nothing. In fact, it's cheap food that subsidized the exploitation of American workers for a very long time, and that's always been an aim of cheap food.
That's why I'm very proud of being American. I'm proud to pay taxes. I pay a lot of taxes, but it sure beats the alternative.
When illegal labor is used, that almost always depresses wages paid to all workers. The illegal workers can be exploited, and they will usually accept lower wages. As a result, all workers in the plant, including U.S. citizens, will see their wages go down.
Buffett's methodology was straightforward, and in that sense 'simple.' It was not simple in the sense of being easy to execute. Valuing companies such as Coca-Cola took a wisdom forged by years of experience; even then, there was a highly subjective element. A Berkshire stockholder once complained that there were no more franchises like Coca-Cola left. Munger tartly rebuked him. 'Why should it be easy to do something that, if done well two or three times, will make your family rich for life?
What does have a chance of becoming law is a process that begins with securing the border. Currently the border is not secure and not just immigrants are coming across, but also drugs, weapons a whole series of problems. And I think that if you can prove to the American people that illegal immigration is under control, I think that the American people are willing to do something very reasonable about people who have been here for many years, who are not criminals, who are going to pay a fine, who are going to pay taxes, who are working.
Taxes are paid in the sweat of every man who labors. If those taxes are excessive, they are reflected in idle factories, in tax-sold farms, and in hordes of hungry people, tramping the streets and seeking jobs in vain. Our workers may never see a tax bill, but they pay. They pay in deductions from wages, in increased cost of what they buy, or - as now - in broad unemployment throughout the land.
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