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nom=de=plume[_2_] nom=de=plume[_2_] is offline
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First recorded activity by BoatBanter: Apr 2010
Posts: 3,578
Default deficits don't matter


"Colonel Kurtz" wrote in message
...

On 11-Sep-2010, Jim wrote:

"It was not the Chinese or the Japanese that killed Van Norman and many
others... it was GREEDY RICH KIDS. The descendents of these mighty
machine tool manufacturers sold the family business out... took the
money and ran 35 yrs ago.
They had no interest in the trade or art of machine tools. They had no
connection to the craftsmen and their families who built their fortunes.
When offered a bucketful of money for the company by an investment group
who knew nothing about running such a business, they whole heartedly
sold it out and lived happily ever after."


Both of you assholes can look in the mirror to find the "enemy."

Okay, I'm done name-calling.
Nissan opened a crankshaft plant in Tennessee some years ago.
http://www.autospectator.com/cars/ni...s-engine-plant
Jap forging press.

The Japs are probably doing more to create jobs "green jobs" here than
Obama is.
http://blog.greenjobspider.com/profi...jobs-coming-to

GM's Tonawanda engine plant shows what the "middle class" is
http://www.buffalonews.com/city/article35138.ece

"The automaker's plans for the sprawling plant on River Road also
provide a glimpse into the new GM work force, a far cry from the
assembly line workers who made $30 an hour.
New employees will make about half that much."

That's about 30 g's a year.
bpuharic should be looking at a wage cut, not an increase.
He's one of the "rich" and doesn't even know it.

Jim - Read about blind men and an elephant.


You only screwed up in a couple minor ways there.

Economically inferior countries in the 60's, 70's (Japan, Korea, China)
and
since were on track to industrialize - it was inevitable. In line with
that
progress, the rulers that many in this forum worship enacted trade
agreements that allow unrestricted dumping into the U.S. (many foreign
company facilities are foreign trade zones!!), while the foreign country
enacts policies that prevent importation. Japan is the most effective at
keeping U.S. (and other country's) products out - followed by Korea, then
China. China however has a different M.O.; a few products are allowed in,
counterfeits are developed and technology copied, adapted (or
counterfeited), including and U.S. patents are disregarded. Japan and
Korea
at least honor patents.

Concurrently, firms in the U.S. suddenly saw their MARKET being displaced
by
lower priced and typically somewhat inferior products. In order to
survive,
they had to 1) move overseas for lower their cost of production, or 2)
subcontract to overseas firms (often their competitors.) This is heavily
observed in the tool and die industry. 45% closure since 2000.

Yuppies may have moved their inherited investments overseas in a
nonsensical
effort for increased margins; but most moved off shore for survival.

I supplied the U.S. auto and sub supplier industries for 35 years,
machinery
and parts - that market is too small to support the firms that existed
even
20 years ago. Statistically, 37% of my industry remains in the U.S.

The market has gone away for U.S. suppliers - every major supplier has
moved
or formed JV's (often required such as in red China) . Toyota opened a
crankshaft plant in TN - bravo foxtrot delta. All fixed costs (half of
content) is Japanese, all capital machinery, most raw materials (MO is
frequently to have a Japanese company open a warehouse to store materials
from various foreign countries), management, engineering..............ever
see a blueprint (all digital now) in English???? That content is
substantial. Japanese (and Korean, German) brand autos are NOT "made" in
the U.S.

Free trade should be cross-trade, not dumping in the colony country.
People
that "think" their Toyota, Honda or whatever is "made" in Kentucky or Ohio
is simply ignorant, and rarely does anyone even attempt to help them think
clearly.

The U.S. is in the stage of attaining equilibrium with 2nd world
countries -
it is inevitable (and mostly already there) based upon the fed's
promiscuous
policies, and the ignorance of the purchasing public.


Good grief. You don't even know the definition of Yuppie.