11 Major Corporations Have Moved From the USA in 2009

They may have expected the worse after Obama was elected. Knowing they were going to be subject to more profit-robbing taxes including cap and trade, 11 major US corporations beat Obama to the punch in 2009. They have moved their operations overseas. More will follow when cap and trade is finally passed.

These Democrats lie about the job losses cap and trade will create, but we have 11 major corporations who said they have had enough before Congress rapes them one more time. These are more jobs gone overseas.

I once believed companies like Ingersoll Rand were safe thinking the size of their products made the product impractical to ship back to the United States, but so wicked is the Untied States tax code, they are now a foreign based company.

Investors.com sites the threat of new taxes, the convergence of technology, the ease of digital collaboration and ready access to abundant foreign engineering talent. Not only the coming new taxes like cap and trade the culprit, the crummy federal education system is also a culprit. Why am I not surprised? Lack of engineering talent places the blame at the Department of Education—there’s no other entity to point a finger at. Math and science skills are suffering in the United States thanks to these crummy schools that would rather teach a child how to put a condom on a banana than focus on the needs of the country.

Taxes are the largest blame to the problem. The United States corporate tax rate is only second to Japan’s. The Democrats in Congress don’t want to fix that little problem because they are too busy spending money for their special interest projects in their districts and states. They need more funding so they can fund these unconstitutional projects.

Let’s look at what the United States lost this year knowing that both Boeing and General Motors are looking at China and Mexico to lower their production costs and possibly escape the heavy hand of the American government.

Tyco International, Foster Wheeler, Weatherford International, Nabors Industries, Noble Corp., TransOcean International, United America Indemnity, Cooper Industries, Covidien, Ingersoll-Rand and Accenture have all left our once fruited plains now plagued by an oppressive and over taxing government, and they have taken their production jobs to someplace where they won’t have to deal with these fools in Congress.

Investors.com also places the blame on education. The US spends more per capita on a student than any other OECD country, but continues to get the bottom of the barrel test scores. Until parents start putting pressure on their schools to end the social experimentation and actually teach kids something, this is a statistic that will destroy this country.

We all should be concerned that 11 corporations have left our shores, especially when our Congress is looking at tying the hands of more US corporations through taxation, bad environmental policies, and a pathetic education system. It’s really sad to watch our country fall like it is. This doesn’t even include major companies that have closed their doors this year thanks to environmental policies—remember Columbia Falls Aluminum Company? They closed their doors after environmentalist prevented them from getting the needed electricity to run their operations. More jobs gone because of the sick philosophies currently taking over our institutions in this country.

These jobs aren’t coming back. That’s the bottom line.

Originally posted at Bungalow Bill’s Conservative Wisdom © Clay Bowler