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Wemo names MetalReady Machinery as distributor

Wemo names MetalReady Machinery as distributor
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Detailed text transcripts for TV channel - MSNBC - 20110124:23:11:00

so we were told for the last 30 year, but certainly for the bush year, if we just give them america tax breaks, if we just give them subsidies, give them x, y and z, they will create the jobs here. now, did that not happen? and if it didn t happen, has any have any of our politicians learned that lesson? cenk, it did not happen. it s important so understand this. american company, big american companies are making a lot of money. in fact, they re sitting oen about $1 trillion of cash. the problem is they re making the money by selling abroad, not necessarily sell from the united states. they re selling from their operations abroad. they re also making a lot of money because they re actually reducing their costs here in the united states. the biggest cost they have in the united states is their payrolls. so they have been fighting unions, they ve been outsourcing abroad. they been replacing workers in the united states with automated machinery. ....

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