Corporations beg American taxpayers to help them get their business going. After they establish their product it is completely about maximization of their profits. While Tea Party member attack President Obama and Democrats for fighting for the middle class by instituting policies to protect the little that is left they simply disregard the inherently unpatriotic behavior of corporations.
Corporations’ loyalties are not to the country. Corporations’ loyalties are not to the middle class. Corporation’ loyalties are to their shareholders. I do not have a problem with that. I have a problem that many in the middle class are so misinformed that they cannot understand that only the middle class collectively can have the interest of the middle class at hand. The collective interest of the middle class is we the people. We the people is a government strong enough and big enough to ensure that policies biased to the individual, the middle class will be effected. Absent that, the American middle class is history.
My Book: As I See It: Class Warfare The Only Resort To Right Wing Doom
Book’s Webpage: http://amzn.to/dt72c7 – Twitter: http://twitter.com/egbertowillies
Solar Panel Maker Moves Work to China – NYTimes.com
By KEITH BRADSHER
Published: January 14, 2011
BEIJING — Aided by at least $43 million in assistance from the government of Massachusetts and an innovative solar energy technology, Evergreen Solar emerged in the last three years as the third-largest maker of solar panels in the United States.
Michael El-Hillow, chief executive of Evergreen, said falling prices for panels led to the closing.
But now the company is closing its main American factory, laying off the 800 workers by the end of March and shifting production to a joint venture with a Chinese company in central China. Evergreen cited the much higher government support available in China.
The factory closing in Devens, Mass., which Evergreen announced earlier this week, has set off political recriminations and finger-pointing in Massachusetts. And it comes just as President Hu Jintao of China is scheduled for a state visit next week to Washington, where the agenda is likely to include tensions between the United States and China over trade and energy policy.
The Obama administration has been investigating whether China has violated the free trade rules of the World Trade Organization with its extensive subsidies to the manufacturers of solar panels and other clean energy products.
While a few types of government subsidies are permitted under international trade agreements, they are not supposed to give special advantages to exports — something that China’s critics accuse it of doing. The Chinese government has strongly denied that any of its clean energy policies have violated W.T.O. rules.
Although solar energy still accounts for only a tiny fraction of American power production, declining prices and concerns about global warming give solar power a prominent place in United States plans for a clean energy future — even if critics say the federal government is still not doing enough to foster its adoption.
Beyond the issues of trade and jobs, solar power experts see broader implications. They say that after many years of relying on unstable governments in the Middle East for oil, the United States now looks likely to rely on China to tap energy from the sun.
Evergreen, in announcing its move to China, was unusually candid about its motives. Michael El-Hillow, the chief executive, said in a statement that his company had decided to close the Massachusetts factory in response to plunging prices for solar panels. World prices have fallen as much as two-thirds in the last three years — including a drop of 10 percent during last year’s fourth quarter alone.
Solar Panel Maker Moves Work to China – NYTimes.com
