automaker, is building a plant
in town, promising 2,500 jobs
to help replace a textile industry
that has all but vanished. The
locals are excited to have
nonunion work that will start
at about $14 per hour. They
are discovering the joys of
bulgogi -- a different kind of
barbecue -- at the Korean
restaurants popping up.
Capitalism at its best. While the old broken poorly run American automakers run to Washington to beg for a bailout, Korean and Japanese automakers build new plants. The Korean and Japanese automakers are providing American jobs, a quality product and investment in communities that once had no hope of a revived economy. Kind of like Barack Obama's campaign promise, hope and change. Foreign automakers are bringing hope and change. The big three automakers bring, well, higher taxes to pay for the bailout, and a deflated dollar since we don't actually have the money to lend to them.
Co., the local GM dealership,
salesman Eddie W. Striblin sat
in an empty showroom that
seemed trapped in another
era. The only car on the floor
was a black-and-gold 1977
Trans Am in mint condition.
The Marshall Tucker Band
played on the radio.
Striblin predicted that,
despite all their troubles,
the Big Three would survive
somehow. Other companies
may have a better business
model, he argued, but no
one delivers the romance of
the road like the Americans.
"Let me ask you a question,"
he said leaning over a clean
desk. "You ever heard of
anybody braggin' on a '57
Honda?" LA Times
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1 comments:
On Dec 5 the Supreme Court will either allow or disallow the usurpation of both the Constitution and the Government of the United States — easily the most pivotal decision since our nation’s founding — and the silence of the news media is deafening (if not downright scary).
http://www.youtube.com/watch?v=GqH7rSHcvgU
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