Cavs fan should be disappointed in owners

[sox839]

Just saw where the cavs are selling a percentage of there team to chinese investors. I don't think this is a good idea. America is selling to much to communist china. Computers, cell phones, TV's now the NBA.

[Zin5]

Just saw where the cavs are selling a percentage of there team to chinese investors. I don't think this is a good idea. America is selling to much to communist china. Computers, cell phones, TV's now the NBA.

Really, what an ignorant, generalizing post. The group will likely bring Cleveland huge revenues through marketing opportunities, given how large China is and the rapidly increasing interest over the past decade due to some success Chinese players have had. This is also added incentive for Lebron to come back in 2010, with another huge market opened up for him.

Really a smart move, despite your racially guided ignorance, which I'm sure probably isn't that uncommon amongst even Cavs fans.

[the sea duck]

Just saw where the cavs are selling a percentage of there team to chinese investors. I don't think this is a good idea. America is selling to much to communist china. Computers, cell phones, TV's now the NBA.

Really, what an ignorant, generalizing post. The group will likely bring Cleveland huge revenues through marketing opportunities, given how large China is and the rapidly increasing interest over the past decade due to some success Chinese players have had. This is also added incentive for Lebron to come back in 2010, with another huge market opened up for him.

Really a smart move, despite your politically guided ignorance, which I'm sure probably isn't that uncommon amongst even Cavs fans.

fixed.

not everything's about race unless you make it about race... other than that i agree.

[GuyClinch]

Communist China? When GM is about to be nationalized.. <g>

[Bad-Thoma]

I'm not going to jump down your throat but..... it's a global economy, deal with it. Economic globalization brings some balance between the countries involved, considering the U.S. has been a prominant economic superpower for so long that means our economy does suffer some in the short term. However, the peace gains that being tied economically at the hip to other military super powers far out weighs having to trim the fat a bit.

[SonicYouth34]

China isn't communist. They are a dictatorship, communism left town years ago. On a basketball note, this will bring lots of publicity to Cleveland and could make LeBron stay with all the new media attention.

[Zin5]

Just saw where the cavs are selling a percentage of there team to chinese investors. I don't think this is a good idea. America is selling to much to communist china. Computers, cell phones, TV's now the NBA.

Really, what an ignorant, generalizing post. The group will likely bring Cleveland huge revenues through marketing opportunities, given how large China is and the rapidly increasing interest over the past decade due to some success Chinese players have had. This is also added incentive for Lebron to come back in 2010, with another huge market opened up for him.

Really a smart move, despite your politically guided ignorance, which I'm sure probably isn't that uncommon amongst even Cavs fans.

fixed.

not everything's about race unless you make it about race... other than that i agree.

True. Nothing he said guarantees that he has a racial bias, but it's just come to be expected with posts like that. Really doubt a post like that gets made if it's a European investment group.

[sox839]

First it wasn't made to be an ignorant if anybody was offended that was not my intent post secondly
I'm not a cavs fan. Celtics half season ticket holder for many years. I also don't agree with the nationalizing of GM. The government should not have gotten involved. GM should have claimed bankruptcy and got revamped. China is also a communist country do your research. I just don't think we should be selling American interest to other countries it hurts our economy and brings less tax dollars to America which support things like social security, education, defense, medicare. As an example you buy a car which is foreign owned but made in America after the workers are paid for assembling the vehicle, the remaining profits will go back to the other countries treasury not the US treasury. I was also disappointed that Anheuser Busch was sold to a belgium company called in bev which will take more American jobs. There is only one one major beer company that is publicly owned which would be Boston beer works Now profits from anheuser will go to belgium treasury not to the US. We should not be outsourcing our jobs to China either as the Chinese worker isn't paid living wages,young children working 16 hour days, no safety in there factories, and in some cases can't even take a bathroom break. China should raise there standards in work enviroment and product and food standards to American standards. Outsourcing keeps wages lower. We should trade fairly with other countries but we hardly make anything that we can trade and some of these trade agreements weren't fairly done we probably geared them to help the other country instead of making a fair trade deal. Global economy helps a certain class of people the Upper class. Lebron will go where he can win, if he wants revenue than go to New York. If Lebron cares more about revenue maybe he should be a corporate executive instead of trying to win a championship.

[JCizzle]

China isn't communist. They are a dictatorship, communism left town years ago.

This.

[christian72589]

first of all, why is it granted that the OP is white?

secondly, all he is saying is that right now since we have sold so much of our country to China with our debts that it is just one more thing that we would ideally like to keep home.

Thirdly, i think those of you that love to jump the gun with this "i bet if it was a euro company it would be fine" or "racially motivated blah blah blah" are the racists. Stop trying to make it wite people vs. the world. It proves your ignorance and dependancy on the race card. check yourselves gentlemen.

[Zin5]

first of all, why is it granted that the OP is white?

secondly, all he is saying is that right now since we have sold so much of our country to China with our debts that it is just one more thing that we would ideally like to keep home.

Thirdly, i think those of you that love to jump the gun with this "i bet if it was a euro company it would be fine" or "racially motivated blah blah blah" are the racists. Stop trying to make it wite people vs. the world. It proves your ignorance and dependancy on the race card. check yourselves gentlemen.

1. Because it sounds like typical racist banter from my perspective. I've heard my German grandmother use similarly just as ignorant arguments to me on why she hates Jews.

2. Yeah, let's just completely close ourselves off to trade with other countries. That sure works well. God forbid the deal would actually bring the American franchise more money. Oh, and before you get upset over us selling anything to China, look around you and see how many things you have that were made in China, Taiwan, or some other Asian country and then sold her. I'd love to say just check your shirt, but that'd be a bit hypocritical seeing as I'm personally wearing an American Apparel shirt made in downtown LA (oh no, I possibly helped the Lakers' economy).

3. It's not always race, but from what I've seen, it usually is. The fact that someone's able to make ignorant comments with their sole backing being "I don't want to see us helping other countries" shows a centralized perspective that a lot of times can be lead on by interracial biases. And the whole 'Euro/China' thing was exclusively an assumption, but I don't remember any topics being made on this board about how we should be disappointed in 1) Stern looking to expand the NBA to Europe or 2) the Celtics by helping Italy by playing there in the preseason last year.

[sox839]

Zin5 It isn't racist banter. It is about American businesses being owned by americans whether your asian, black, white or hispanic. In the post did I say don't like a particular race? NO. Did I make any racially ignorant statements about another race? NO. Chinese is the proper term for someone who was born in china and has that particular ethnic background. Also I don't need to check my Tshirt it is made by all American clothing made in ohio and my socks are from wigwam socks in wisconsin. Yes I do own foreign made goods like we all do but buy american when possible. It is fine to trade but we have trade deficits with almost every country we trade with. We have lost numerous jobs due to outsourcing and american businesses being bought by foreign business. If an asian american bought the Cavs that is great because it keeps it owned by Americans . Furthermore an african american owns the charlotte bobcats and the anaheim angels have an hispanic american owner both teams are owned by americans this also great there nothing racist about it again american owned. In britain manchester united soccer fans weren't happy that they have an american owner because they wanted it to be european owned just go read about on the web. Read my post about european influence on the american economy in regards to Anheuser beer being bought by a belgian obviously you didn't read it. The nba should not expand to europe due to travel futhermore the NBA is american owned so that is a mute point. The celtics should not play in europe there are to many cities in america that don't have an nba team that would like to get a game in there arena. Also the nba never expanded to europe that is why there weren't any post about it, it is an unrealistic option due to travel if it happens there will be post about it. Don't compare me to your grandmother because my post has nothing to do with what your trying insinuate. Zin5 your the ignorant one for taking my statements out of context, its about American economics not race.

[GuyClinch]

GM should have claimed bankruptcy and got revamped. China is also a communist country do your research.

Chinese INVESTORS are buying a piece of the team - not China itself. This kind of fact throws mud in the theory that China is a pure communist country. It's not really true anymore. They have been using principles of capitalism for many years now and now have Hong Kong under their rule - which is perhaps the most capitialistic place on earth.

How does a flat tax of 17% sound to you...that's what Hong Kong has (and they run a surplus with spiffy subways).. If that's communism - sign me up.

As an example you buy a car which is foreign owned but made in America after the workers are paid for assembling the vehicle, the remaining profits will go back to the other countries treasury not the US treasury.

This is not really correct. Companies are often owned by stockholders who see profit. But these stockholders are frequently from many nations. Perhaps you were thinking about corporate taxes - but here again its not really that clear cut. As some companies incorporated in foreign countries will pay taxes - and some US ones will not. The tax law is super complicated.

But of course if you buy an american made car the only people seeing any profit will be the UAW which has Obama in it's pocket.

Pete

[sully00]

This is deafening.

I will try not to label some this but damn.

This country would be bankrupt itself without Chinese investment, I do not like their government but frequently I don't like my own either. The Chinese are one of the few who still have money to invest and wish to do it in our own country.

Save this "American" company crap, until they start actually paying some federal taxes and employing American workers they have no more positive impact on this countries finances than a company in Beligum.

GM and Chrysler could have never survived bankruptcy on its own, they still may not but the whole thing, employee entitlements included would have gone to hell without government intervention. Social Security would implode. Mostly because Congress dropped the ball over the last 25-30 years and instead of nationalizing health care, a business they actually should be in, they went with a convoluted employer based system that is wrought with excess and abuse as it is forced to compensate for those who do not have a job that offers health care.

But as for Cav's and Chinese owners they should be thrilled. The only lure NYC had over CLE was a market outside of basketball revenue to offer him as big as it is it isn't China. It isn't like there current owner is some classy operation who didn't have huge in bankrupting this country or anything.

[sox839]

Actually the taxing is a part of the problem. Companies pay very high taxes already the corporate tax is the first or second highest in the world and whatever state the companies in they pay state taxes also. The corporate tax rate should be lowered but with a catch only if they hire american workers that work here. Look at a company like New Balance sneakers based in Mass. they make some sneakers in one of five american factories they also make products overseas but they employ a decnt amount of american workers, nike which has never even made a sneaker in this country pays the same exact tax rate as new balance that is crap. The country of Ireland lowered there corporate tax rate and are seeing industry return there companies want to do business there. Unions in companies are a part of the problem they get to much sometimes there has to be a balance. However prior to unions companies didn't provide safe work enviroment but the unions overstep and get to much. But they are needed to keep management honest. Would you like to work 16 hours 7 days a week without a bathroom break, get paid 50 cents a day and get beaten and more well that is what they do in other countries . Unions at times have asked for outrageous fringe benefits like no work but will pay you for two years like they had at GM. Taxes pay for a lot of things like social security, medicare, dept in the government etc. When a company is foreign owned they don't pay taxes to the US government. If we brought our troops home instead of having them in yes 130 different countries we would have lots of money and cut some of the wasteful spending. Also we did fine without chinese investment before and it isn't all investment, it was also borrowing we owe lots of money to the chinese government. Social security is running out of money because government continues to take from the social security fund. As for healthcare that is a debateable issue is socialized medicine the answer? I don't know but i do know that it sucks for people that don't have health insurance. Thanks

[sully00]

GM and New Balance are multi national companies which allow them to funnel profits overseas, the tax code is then loaded with ways to defer or flat out never pay the taxes on the profits raised in the USA. The Federal Tax code only unfairly taxes American Business' that actually do the one thing we want them to do make it here. The rate of a tax that no one every pays is rather unimportant.

[Who-rod]

I agree with one thing here, Cavs fans should be disappointed in their ownership, but only because they should have traded Wally's expiring deal for a player of value to their playoff run.

[tombattor]

Why should the fans be disappointed with the ownership because they are trying to bring in more revenue? The fans should be happy as hell that they are trying anything to bring in more revenue to keep a competitive team in a small market. And this move makes it more likely for Lebron to stay, since it gives the Cavs a better chance of putting out high-price players around Lebron.

No need to be so provincial. We are in the global world now. Haven't you guys notice the Japanese ads behind homeplate when Dice-K's pitching? I see nothing wrong with that. In fact, I welcome it as long as it helps the ownership put a better product out on the field.