[Pugs]

I called my bank last night for some info on my accounts.
The customer service rep was very courteous and polite.
He asked for my personal info to make sure I was who I said I was and helped me with my transactions. As we ended the call and he thanked me for my business I asked him one more question. Where was he located? He told me India! I knew that I had recognized the accent, but wasn't sure if he was here or somewhere else. He's somewhere else. Far away.
First concern. Security. What's to stop someone there from selling your info to someone here. Shoot, we email each other all day in the blink of an eye. Imagine your personal bank information being emailed all over!
Second concern. Jobs. What happened to all the people in America that used to have those jobs? American companies are taking their jobs and work and shipping it overseas to cheaper labor forces for nothing more than more money. How much money is enough?
I'm sorry but I think it's disgusting. It's the selling out of America.
The only people that actually profit from all of this are the ones who already have the money. The average American doesn't make any of the decisions as to where their jobs end up. Someone in the "Ivory Tower" does. Simply put the guy that makes these decisions is the one person whose job is secure.
Is there anything that the little guy can do?
Is there any form of repercussions to those that are sending our jobs overseas?

What do you think?

Pug

 

[Paul_M]

First concern. Security. What's to stop someone there from selling your info to someone here.

I don't believe an individual is more or less trustworthy based on his nationality or location.

Is there anything that the little guy can do?

Stop buying at Wal-Mart and buy stock in those companies that are doing well by shifting jobs overseas.

Is there any form of repercussions to those that are sending our jobs overseas?

Yes they are richly rewarded for their efforts to make their companies more profitable.

 

[HugeFish4]

Once a company goes public and operates in a global arena, the pressures to "create shareholder" value are immense. Most technical and customer support jobs are being farmed out to India and other places. The cost per person in these countries is far lower than the average cost per American worker. The problem is that companies are myopic and are only concerned with their bottom line and increased cash flows. However, the whole of all companies combined, also known as "The economy" is far greater than each individual company. The ultimate impact will be a continued weakening of the economy as jobs are farmed out overseas. People's ability to earn in the US will be diminished, and thus create a downward spiral in the US economy. The gap between the haves and the have nots will continue to widen. Only the top executives, with their option packages, will benefit from such lunacy. The lower level service jobs and soon the administrative middle manager will cease to exists in the US. Lawyers, Sales, Marketing, and onsite IT personnel will be all that is left in the US.

It is difficult for these companies to see the forest throught the trees.

 

[Lpbassman]

I remember an expression that was popular a few years ago.

"BE AMERICAN--BUY AMERICAN"

I would change my bank and let them know why I was changing. Not that they'd care, I'm sure, but if a few hundred other people did the same thing maybe that might open their eyes.
Next thing you know they'll be charging you for the call to India!

 

[BULLFROG]

What bank is this?

I'd love to know what bank this is. If it's one I'm dealing with it doesn't give me a warm fuzzy feeling inside.

 

[Pugs]

quote:

I don't believe an individual is more or less trustworthy based on his nationality or location.

I'm not concerned about the nationality or location but the punishment or deterrant for that nationality or location.
Would it be considered a substantial crime there to sell a foreigner's information?

 

[HookUp]

Problems bigger than you think

I think you hit the nail on the head on a fundamental problem w/ big buis, captialism and corp profits.

If you look at the distribution of jobs in the US, you'll find the manufacturing jobs are leaving the US, turning the US into a service driven job market.

Think about all the 'stuff' we outsoarce across the borders. Ever one is a lost job.

BUT ... Why?

Labor - unions have done well by rewarding the American workers $$/hour - to well.

Lawsuits - brought on by labor to their companies. Almost non-existent in countries like Mexico and India.

EPA - Non-existent in countries like Mexico and India.

OSHA - non-existent in countries like Mexico and India.

We've regulated outselves right out of the manufacturing arena.

What's next?

I have no easy answer, but do live by the motto - Buy American - whenever I can.