The Europeans bought Chrysler, now the Chineese bought Hummer...

I heard Bolivia and Kazakastan are bidding on California.

Originally Posted by rshoffer

The Europeans bought Chrysler, now the Chineese bought Hummer...

I think it's about time the Chinese bought a car company, they should have reliable transportation to drive around the U.S. to see all the investments, including the U.S. government, that they now hold title to. And, yes, I'm still a Liberal!

Originally Posted by ptownrob

I think it's about time the Chinese bought a car company, they should have reliable transportation to drive around the U.S. to see all the investments, including the U.S. government, that they now hold title to. And, yes, I'm still a Liberal!

It's still less than 2 years since Daimler and Chrysler split. Daimler couldn't keep Chrysler going, and it will be interesting to eventually see the REAL deal Fiat has for all of this.

Originally Posted by SteveZ

It's still less than 2 years since Daimler and Chrysler split. Daimler couldn't keep Chrysler going, and it will be interesting to eventually see the REAL deal Fiat has for all of this.

Perhaps the administration can do a retroactive takeover and sell Daimler to Cuba.

Yoda

A member of the loyal opposition

Originally Posted by rshoffer

The Europeans bought Chrysler, now the Chineese bought Hummer...

two e's and two m's


And Sweden is buying Saab, Opal's on the block, Ford has to drop Jag, Pensky's buying Saturn, etc etc.

Nobody's buying cars cause they weren't as good as the Japaneese and now they are better than they were and run for 15 years instead of 3 and you don't have to buy for a loooong time.

.

Somehow we've missed the sale of Jaguar and Land Rover to an Indian company. The Swedes would love to buy back Volvo from Ford, but they've been outbid so far by a Chinese company. Yes, Roger Pensky is buying Saturn from GM. But the people who work in the Spring Hill, Tennessee plant that made them had better start looking for work. GM will supply Penske with cars for two years. After that, Penske says, "We are going to be a sales, service, and marketing company, not an OEM [original equipment manufacturer]," he said. Eventually, Penske explained, he wants at least some Saturn vehicles to once again be manufactured in the U.S., though that may not be the case in the short run after the agreement with GM runs out. He's already lining up contracts with manufacturers in China, Belgium and elsewhere, to build his version of Saturns.

There's a reason why in a recent book, The Emerging Markets Century: How A New Breed of World-Class Companies is Overtaking the World, profiles the dramatic rise of 25 world-class emerging market multinationals. The author's criteria? Each company must be recognized as a global leader and have a global presence; it must be competitive not only in price but also in quality, technology design and management; and it can be benchmarked against the biggest and best in the world.

The list presented in the book shatters some myths. First, only a handful of the Top 25 rely on natural resources and cheap labor as a competitive edge. Second, the leading companies headquartered in Korea, Taiwan, China, India, Brazil, Mexico and Russia have leapfrogged their American counterparts in terms of technology and business practices. Third, top companies can be found not only in Asia (14), but also in Latin America (10) and South Africa (1).

Yes, you read that right, folks...not one single company that this author expects to be one of the top 25 multinationals in the future is from the United States! If anyone doesn't believe that we're living through the decline of a great country and a great economy, we'd better pay a lot more attention to what's happening than we have heretofore. I surely hope I'm wrong, but we seem to be becoming a country that employs it's people working in government, inventing video games or social networking websites, or starting up small entrepreneurial service businesses. If the products we buy and use need to be manufactured, that usually happens somewhere outside the U.S. That's not the definition of the dominant economy that we all grew up with.

To read the article on the top emerging multinationals, go to http://seekingalpha.com/article/2984...multinationals

the Industrial Revolution. There is no mystery to what drives a nation to full employment and national leadership. Manufacturing. As pointed out in the above posts, the decline of manufacturing is in fact the reason for the decline in jobs, hence the increase in unemployment. The service industries over the years have absorbed about as much as they can to saturation.

We are continuing to, being polite, diversify to the point where the profile of the historical AMERICAN CITIZEN will be the minority in not too many years.
Where is the innovation that lead to manufacturing leadership? Where are the next generation entrepreneurs that will create the new companies that will make the new products and provide the new jobs? They are on non US soil that's where. The rich don't care. The middle is fast disappearing (with manufacturing). The lower class (what ever that is) has been converted to the entitlement class which has reached way up into the remaining middle class.

We have been selling off US assets and landmarks for years.
Our core values are being diminished by special interest and minority groups to where we have no real values....everything is up for debate and revisable.

Religion has gone from the basis of the formation of our country to us becoming sensitive about even bringing the subject up for fear of retribution.

The upcoming generations are defined by their ipods, games and watching television.

We are now embarking upon a path of nationalizing everything.....can you say redistribution?
For example those who are sitting fat dumb and happy because they have health care and think the new Obama Order cover everybody will not affect them. Well ya better wake up. Your Medicare will be watered down to be spread to every body else. Hence you will have less provided. How else do you think there will be enough to go around. Of course you can get private insurance coverage to make up for what you used to have....cost more? You bet.

I could go on for pages more of the down hill trend this country is on. VK's message of living through the decline of this great nation may sound alarmist. It isn't. It is unfolding daily in front of us....we the people.

Over 300,000,000 of us are on a trip being captained by the 545 in Washington, DC. OK let's say 50% are entitled to vote = 150,000,000 which they do not. Of the registered voters let's further assume only 50% vote = 75,000,000. Of those who bother to vote only 20% are likely to be involved with at least trying to get involved to make a difference in how our representatives do their job....THAT WOULD BE REPRESENTING WE THE PEOPLE by the way that = 15,000,000.

Therefore one could conclude the 15,000,000 far outnumber the 545 in Washington and should be able to make an impact. But it is not happening.
It is pitiful. It means the silent majority is in fact just that. They far outnumber the 20% I estimated who get involved.
Yes, VK we are living witnesses to the decline of our great country.

Lemmings? Sheep? Sheeple? None of the aformentioned. They are warm blooded and have a sense of survival. We the people obviously do not.
How disgusting is that?
Well I don't feel any better. There is nothing on the horizon to suggest anything different will happen.
So spend it while you have it. Enjoy it while you can. And remember the best you and future generations will have it WAS YESTERDAY!!!!!!!!!!!

Have a nice day!!

BTK

Originally Posted by billethkid

the Industrial Revolution. There is no mystery to what drives a nation to full employment and national leadership. Manufacturing. As pointed out in the above posts, the decline of manufacturing is in fact the reason for the decline in jobs, hence the increase in unemployment. The service industries over the years have absorbed about as much as they can to saturation.

We are continuing to, being polite, diversify to the point where the profile of the historical AMERICAN CITIZEN will be the minority in not too many years.
Where is the innovation that lead to manufacturing leadership? Where are the next generation entrepreneurs that will create the new companies that will make the new products and provide the new jobs? They are on non US soil that's where. The rich don't care. The middle is fast disappearing (with manufacturing). The lower class (what ever that is) has been converted to the entitlement class which has reached way up into the remaining middle class.

We have been selling off US assets and landmarks for years.
Our core values are being diminished by special interest and minority groups to where we have no real values....everything is up for debate and revisable.

Religion has gone from the basis of the formation of our country to us becoming sensitive about even bringing the subject up for fear of retribution.

The upcoming generations are defined by their ipods, games and watching television.

We are now embarking upon a path of nationalizing everything.....can you say redistribution?
For example those who are sitting fat dumb and happy because they have health care and think the new Obama Order cover everybody will not affect them. Well ya better wake up. Your Medicare will be watered down to be spread to every body else. Hence you will have less provided. How else do you think there will be enough to go around. Of course you can get private insurance coverage to make up for what you used to have....cost more? You bet.

I could go on for pages more of the down hill trend this country is on. VK's message of living through the decline of this great nation may sound alarmist. It isn't. It is unfolding daily in front of us....we the people.

Over 300,000,000 of us are on a trip being captained by the 545 in Washington, DC. OK let's say 50% are entitled to vote = 150,000,000 which they do not. Of the registered voters let's further assume only 50% vote = 75,000,000. Of those who bother to vote only 20% are likely to be involved with at least trying to get involved to make a difference in how our representatives do their job....THAT WOULD BE REPRESENTING WE THE PEOPLE by the way that = 15,000,000.

Therefore one could conclude the 15,000,000 far outnumber the 545 in Washington and should be able to make an impact. But it is not happening.
It is pitiful. It means the silent majority is in fact just that. They far outnumber the 20% I estimated who get involved.
Yes, VK we are living witnesses to the decline of our great country.

Lemmings? Sheep? Sheeple? None of the aformentioned. They are warm blooded and have a sense of survival. We the people obviously do not.
How disgusting is that?
Well I don't feel any better. There is nothing on the horizon to suggest anything different will happen.
So spend it while you have it. Enjoy it while you can. And remember the best you and future generations will have it WAS YESTERDAY!!!!!!!!!!!

Have a nice day!!

BTK

There is one area where American productivity still is the flagship for the world. The American farmer. Of course there are all kinds of changes occurring in the farming industry but (correct me if I'm wrong) we remain the breadbasket of the world. Before I moved here I befriended a family of farmers. Dad was in his mid 40's and took over the farming biz from his father. It was a huge operation... dairy, hogs, corn, wheat, soybeans etc. The male children went to Penn State to study farming then returned to contine their dad's profession. It was amazing to observe how hard they worked and how contented they were despite the risks, ups and downs, weather issues etc. Recently when I watched Glenn Becks scenario of the upcoming financial meltdown, hyper-inflation, rioting in the streets I thought that these self sufficient people will be the survivors.

Originally Posted by rshoffer

There is one area where American productivity still is the flagship for the world. The American farmer. Of course there are all kinds of changes occurring in the farming industry but (correct me if I'm wrong) we remain the breadbasket of the world. Before I moved here I befriended a family of farmers. Dad was in his mid 40's and took over the farming biz from his father. It was a huge operation... dairy, hogs, corn, wheat, soybeans etc. The male children went to Penn State to study farming then returned to contine their dad's profession. It was amazing to observe how hard they worked and how contented they were despite the risks, ups and downs, weather issues etc. Recently when I watched Glenn Becks scenario of the upcoming financial meltdown, hyper-inflation, rioting in the streets I thought that these self sufficient people will be the survivors.

After reading your post I couldn't help but think of the movie we watched the other night. Defiance is a good example of how things would be in total chaos.

Keedy

In my opinion it is time for a modern day revolution.
I could come out of retirement to participate in one with a real purpose....like salvaging the USA from the hands of the incompetents and restoring it to it's former greatness.

A huge enema for Washington DC's 545.

BTK

I guess I should have taken finance in School instead of engineering and programming.

But please > Can someone explain to me how spending BILLIONS in bailout money for Chrysler (and GM) resulted in Fiat buying Chrysler? WOW - To me it seems like we ( tax payers ) have just spent Billions to support foreign companies like Fiat and are throwing away BILLIONs of $s at a rapid rapid rate. In my mind - we just gave this money to Italy! To make matters worst I'm not sure most people think Fiat can be Chrysler's salvation ( at least I don't ) when its not clear they can build a car American want!

The AIG Billions went to foreign companies and now the car companies BILLIONS - they sure have a great Lobby!

Does anyone else think we are giving away America BILLIONS and BILLIONS and BILLIONS of $s at a rapid rate or is it I just don't understand the big picture and its only me?

Oh well for what its worth I said my 2 cents.

I just checked my mail box and still no bail-out.

Originally Posted by dadspet

I guess I should have taken finance in School instead of engineering and programming.

But please > Can someone explain to me how spending BILLIONS in bailout money for Chrysler (and GM) resulted in Fiat buying Chrysler? WOW - To me it seems like we ( tax payers ) have just spent Billions to support foreign companies like Fiat and are throwing away BILLIONs of $s at a rapid rapid rate. In my mind - we just gave this money to Italy! To make matters worst I'm not sure most people think Fiat can be Chrysler's salvation ( at least I don't ) when its not clear they can build a car American want!

The AIG Billions went to foreign companies and now the car companies BILLIONS - they sure have a great Lobby!

Does anyone else think we are giving away America BILLIONS and BILLIONS and BILLIONS of $s at a rapid rate or is it I just don't understand the big picture and its only me?

Oh well for what its worth I said my 2 cents.

I hope Fiat buffs up it's image with us boomers. I keep seeing visions of the 2 seater Fiat X-19 with pieces of bumper/fender falling off of it, pools of oil dripping from it's behind the seat engine... that car was pure junk.

Our local radio station in Slidell, Louisiana WWL said this morning that half of the money went to the Union. Why?