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Yahoo! had a choice. It chose to provide an e-mail service hosted on servers based inside China, making itself subject to Chinese legal jurisdiction. It didn't have to do that. It could have provided a service hosted offshore only.
Our nation was built by pioneers - pioneers who accepted untold risks in pursuit of freedom, not by pioneers seeking offshore profits at the expense of American workers here at home.
Incredibly, oil and gas companies don't have to pay certain environmental costs that amount to small change to them, while an offshore wind project start-up is faced with fees that could mean the difference between building a wind farm and packing up and going home.
Many large brands are now just marketing machines for what's being made offshore.
Outsourcing was the bogeyman of the '90s. Protectionists portrayed it as an evil that would take American jobs away. Yes, some jobs did go offshore as people feared, but it made the global economic pie grow bigger.
There are few industries as defiantly opaque as shipping. Even offshore bankers have not developed a system as intricately elusive as the flag of convenience, under which ships can fly the flag of a state that has nothing to do with its owner, cargo, crew, or route.
America's moved so much of its production and manufacturing offshore, it's become a nation of middlemen.
It's interesting that Swiss banks also hide their assets from the Swiss by using offshore bank structuring.
People always underestimate the impact of technology. To give you an example: In the 1970s the frontier for offshore development was 200 meters, today it is 4,000 meters.
I love to fish offshore for billfish, and have fished all over for them from the Bahamas, St. Thomas, Venezuela, Panama, Costa Rica, Mexico to the Texas gulf. I haven't made it to Australia yet, but someday I'm going.
