Thursday, January 22, 2004
OFFSHORE THIS, CARLY!
Reposting an Addendum
Never before have I separately reposted an addendum to an existing post, but in this case I’m willing to, I want to, make an exception.
I posted these remarks on January 20 as an addendum to a well received post, “Working in America Today,” from the previous day.
Several readers were so taken aback by the comments, posted in the addendum, of Carly Fiorina, chairman of the board, chief executive officer, and president of Hewlett Packard Co., that they urged wider recognition. I am all too happy to honor their requests. Enjoy. Enrage.
By the way, could there be a worse spokesperson defending offshoring than Hewlett Packard Co.’s Carly Fiorina?
Earlier this month Fiorina, defending the practice and appealing to the Bush administration for support, said: “There is no job that is America’s God-given right anymore. We have to compete for jobs.”
That’s true, at least theoretically. Even Fiorina’s job isn’t a God-given right, it’s one that comes courtesy of HP’s board of directors -- a board she conveniently happens to chair -- and shareholders. (You know HP, don’t you? Really “high-tech” operation. Nearly 40 percent of profits come from producing those sleek and futuristic gadgets known as toner cartridges.)
Fiorina has been running the show at HP for nearly five years now. During that time the company’s stock has underperformed both the S&P 500 and the Nasdaq Composite. Actually, an investor would have done better with a passbook savings account.
I wonder if there’s anyone in China or India looking for a cushy CEO slot. Hey, the new chief wouldn’t even have to move.
The Rittenhouse Review |
Copyright 2002-2006 | PERMALINK |
|
|
|
CONTACT |
|
Send E-Mail
JAMES MARTIN CAPOZZOLA
|
|
BIO & STUFF |
|
James Martin (Jim) Capozzola launched The Rittenhouse Review in April 2002, TRR: The Lighter Side of Rittenhouse, HorowitzWatch, and Smarter Andrew Sullivan in July 2002, and Bulldogs for Kerry-Edwards in October 2004. He is also a contributing member of President Boxer.
He received the 2002 Koufax Award for Best Post> for "Al Gore and the Alpha Girls" (published November 25, 2002). Capozzola's record in the Koufax Awards includes two additional nominations for 2002 (Best Blog and Best Writing), three nominations for 2003 (Best Blog, Best Series, and Best Writing), and two finalist nominations in 2004 (Best Blog and Best Writing).
Capozzola’s experience beyond the blogosphere includes a lengthy career in financial journalism, securities analysis, and investment research, and in freelance writing, editing, ghost-writing, and writing instruction.
He earned his bachelor's degree in political science from the University at Albany and a master's in foreign affairs from the University of Virginia.
Capozzola lives in Philadelphia with his bulldog, Mildred.
|
PUBLICATION NOTES |
|
Posts pertaining to site developments, news, and updates are subject to deletion and to withdrawal, and with respect thereto, without notice.
~~~~~
Access to linked articles may require registration or subscription.
~~~~~
Linked articles are subject to expiration at the sole discretion of the original publisher.
~~~~~
Letters received by The Rittenhouse Review are subject to publication in full and with complete citation and attribution, including the sender's mailing and/or e-mail address and/or addresses, unless otherwise specifically requested in writing and at the time of submission.
~~~~~
The publisher reserves the right to confirm the identity and/or identities of each, any, and all correspondents through and by whatever means legal and necessary.
~~~~~
Any and all correspondence received and published hereat is subject to editing by the publisher for content, particularly but with no limitations implied thereto, with respect to vulgarity and other offensive language, and length, at the complete, full, and unhindered discretion of same.
~~~~~
The decision to publish each or any correspondence, if at all, rests solely with the publisher of this site.
~~~~~
The publisher retains copyrights to all original material here published and any submissions here received, including correspondence directed hereto, whether or not published hereat, unless otherwise specified.
~~~~~
Obviously, no provision is here made for immediate comments from readers.
~~~~~
All rights reserved and all that.
|
|
|
LINKS |
|
|
|
|