FCC fines retailers over TV labeling

[Rich-n-Texas]

...As an EE I watched the rise of outsourcing electronic design. Not one project I was involved in (3 to China, 1 to India and 1 to Germany) met schedule or performance goals. Then at the last minute endless air travel in an attempt to fix the chaos...

Jeeezus! Mister, you must be psychic!

-OR-

You work for the same company I do.

-OR-

This country's Electronics manufacturing industry is in bigger trouble than I thought.

[hermanv]

Jeeezus! Mister, you must be psychic!

This country's Electronics manufacturing industry is in bigger trouble than I thought.

I guess it wouldn't be so bad if it were just electronics. A country just like a family has to sell something to generate income. Some countries sell labor, some sell resources and others sell products.

Once upon a time the US made some of the most sought after cars in the world, sadly that's no longer true. In order to increase short term profit, you teach a country with low labor costs how to make cars. Then, guess what? They use the knowledge you accumulated over several decades to make their own cars.

Now Detroit is in trouble - duh. Of course the brilliant MBA graduates decided that they should not just make cars, they should handle their own credit to help sell cars. Since there was no corporate financial culture they got themselves in deep trouble. Decide what it is you want to do, get good at it, and thrive. How hard is that to understand?

No one could touch us for our electronic expertise. So what do we do, use our own talent to train others, now I can't think of any major electronic device made by the USA. Our dollar keeps getting devalued, largely because we have nothing to sell. We keep buying foreign goods that we used to make here. Those foreign countries end up with stacks and stacks of American dollars, this pretty much forces them to buy up either American real estate or American corporations, what else are they going to do with all those dollars? After all no one else wants those dollars either.

The Russian economy collapsed because they couldn't afford the cold war. Our economy might collapse because a few short sighted already rich and powerful families want even more. My home lost over 100 thousand in value the last couple of years, I see this as money stolen from me to enrich a few banks or Wall street firms.

How that for staying "on topic"?

[Feanor]

I guess it wouldn't be so bad if it were just electronics. A country just like a family has to sell something to generate income. Some countries sell labor, some sell resources and others sell products.
...

No one could touch us for our electronic expertise. So what do we do, use our own talent to train others, now I can't think of any major electronic device made by the USA. Our dollar keeps getting devalued, largely because we have nothing to sell. We keep buying foreign goods that we used to make here. Those foreign countries end up with stacks and stacks of American dollars, this pretty much forces them to buy up either American real estate or American corporations, what else are they going to do with all those dollars? After all no one else wants those dollars either.
...

How that for staying "on topic"?

The other factor, one might add, are the foreign wars that US is fighting. They cost gigantic amounts of money, causing the US Fed to run huge deficits which require huge borrowing (a lot of it from ... China) which drives up interest rates up which precipitated the sub-prime fiasco. Life is so complicated.

The US economy would have been in trouble anyway, but that fool, GWB, hugely exacerbated and hastened the problem. Two big lies were (1) that Saddam's Iraq had something to do with Al-Queda, and (2) that he had WMD. Smart people doubted these things back in '02, (guess that leaves out HIlary), but Bush, Cheney, and Rumsfeld had to have their way despite all rationality.

[hermanv]

Weapons may be the last US growth industry. We outsell all others. Maybe the wars had more than one hidden motive?

[Rich-n-Texas]

I guess it wouldn't be so bad if it were just electronics. A country just like a family has to sell something to generate income. Some countries sell labor, some sell resources and others sell products.

Once upon a time the US made some of the most sought after cars in the world, sadly that's no longer true. In order to increase short term profit, you teach a country with low labor costs how to make cars. Then, guess what? They use the knowledge you accumulated over several decades to make their own cars.

Now Detroit is in trouble - duh. Of course the brilliant MBA graduates decided that they should not just make cars, they should handle their own credit to help sell cars. Since there was no corporate financial culture they got themselves in deep trouble. Decide what it is you want to do, get good at it, and thrive. How hard is that to understand?

No one could touch us for our electronic expertise. So what do we do, use our own talent to train others, now I can't think of any major electronic device made by the USA. Our dollar keeps getting devalued, largely because we have nothing to sell. We keep buying foreign goods that we used to make here. Those foreign countries end up with stacks and stacks of American dollars, this pretty much forces them to buy up either American real estate or American corporations, what else are they going to do with all those dollars? After all no one else wants those dollars either.

The Russian economy collapsed because they couldn't afford the cold war. Our economy might collapse because a few short sighted already rich and powerful families want even more. My home lost over 100 thousand in value the last couple of years, I see this as money stolen from me to enrich a few banks or Wall street firms.

How that for staying "on topic"?

Every single syllable to typed hermanv. X10!!! You nailed it to the cross!

[Sir Terrence the Terrible]

Every single syllable to typed hermanv. X10!!! You nailed it to the cross!

Get down off that cross, somebody needs the wood