Medtronic nears $45 billion-plus deal for Covidien: sources

Comments (7)
divinargant wrote:

Another recent page among the many already written of “How The American Decline Started”. Of course prior entries such as leaving the gold standard obviously trump these sort of moves but combine them all and a clear picture develops and shows why the USA is in a state of decline.

Jun 14, 2014 1:51pm EDT  --  Report as abuse
Watcher23 wrote:

Another company voting with their feet.

Jun 14, 2014 3:13pm EDT  --  Report as abuse
SanPa wrote:

Capitalism will drive this nation into the ground.

Jun 15, 2014 9:36am EDT  --  Report as abuse
dave19 wrote:

Well, Medtronics had better design and produce defibrillator->wireless-VOIP devices so that the millions of us who have medtronics defibrillator in our chests which can, wirelessly signal a base station in one’s home, but which today can ONLY dial out over a traditional telephone copper wire line to the hospital.

In the US state after state is trying to get rid of all traditional, copper wire, telephone systems and replacing them with VOIP only Internet circuits. Until and unless Medtronics designs and distributes a new VOIP or cell phone connected system all those millions of older Americans whose lives depend on the ability of their defibrillator to ‘communicate’ to their hospital/heart doctors, will die, untended, because there is no ‘link’ to help.
ARRP opposed Colorado Legislators who intentionally accelerated the killing off of traditional telephone circuits, ESPECIALLY rural folk on which these devices depend.

Jun 15, 2014 9:54am EDT  --  Report as abuse
MalcolmTucker wrote:

If a US recognized “Citizen” (Corporations are legally recognized as citizens now per recent US Supreme Court case “Citizens United”) can so easily renounce their US Citizenry and become Irish, I think worldwide citizenship laws need to be revisited.

Jun 15, 2014 3:57pm EDT  --  Report as abuse
breezinthru wrote:

Corporations like Halliburton, Medtronics and many others are leaving the US to avoid paying American corporate taxes.

The wealthiest Americans already pay very little tax in comparison to their income. The elimination of estate taxes allows vast sums of wealth to pass intact from wealthy dead Americans to their heirs.

That shifts the responsibility for our burgeoning national debt to mid-cap businesses, small-cap businesses and those Americans who still have jobs.

Most Americans have not had meaningful increases in their wages since 1981 when Reagan fired air traffic controllers who had gone on strike. Though the unemployment rate has come down, many Americans are still underemployed and there is a much lower percentage of Americans who actually work full time.

That limited number of underpaid, under employed Americans must financially support the rapidly growing portion of Americans who are retiring or disabled or in long term care facilities… and contribute enough tax money to eliminate the deficit… and enough extra to whittle down the national debt… and save up for their own retirements?

I just don’t see how the arithmetic could possibly be viable.

Jun 15, 2014 9:44pm EDT  --  Report as abuse
breezinthru wrote:

Corporations like Halliburton, Medtronics and many others are leaving the US to avoid paying American corporate taxes.

The wealthiest Americans already pay very little tax in comparison to their income. The elimination of estate taxes allows vast sums of wealth to pass intact from wealthy dead Americans to their heirs.

That shifts the responsibility for our burgeoning national debt to mid-cap businesses, small-cap businesses and those Americans who still have jobs.

Most Americans have not had meaningful increases in their wages since 1981 when Reagan fired air traffic controllers who had gone on strike. Though the unemployment rate has come down, many Americans are still underemployed and there is a much lower percentage of Americans who actually work full time.

That limited number of underpaid, under employed Americans must financially support the rapidly growing portion of Americans who are retiring or disabled or in long term care facilities… and contribute enough tax money to eliminate the deficit… and enough extra to whittle down the national debt… and save up for their own retirements?

I just don’t see how the arithmetic could possibly be viable.

Jun 15, 2014 9:46pm EDT  --  Report as abuse
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