Saturday, June 4, 2011

Weekly Address: Growing Manufacturing with the Auto Industry Turnaround



5 comments:

Tao Dao Man said...

I saw where Fiat will buy the government owned shares of Chrysler.
The sell off of America will be putting the pedal to the metal.
The global consolidation of wealth continues.

Motivated In Ohio said...

I am glad the auto industry was saved, especially the Lordstown plant.

Tao Dao Man said...

While GM, and Ford were closing plants here.
They were opening new plants over seas.
Most of their revenue comes from the over seas markets now.
There is no more "American" auto industry.
Northern plants are being shut down and moved to the South [right to work states].
Even Caterpillar is more heavily invested over seas than here.
They are making an imprint in Mongolia.
We are being left behind by the multi national corps.
Get used to it.

Underground Politics said...

I'm glad it was saved too Mio, it would of hurt the recession even more if we had decided not to do it.

RealityZone said...

I saw where Fiat will buy the government owned shares of Chrysler.
The sell off of America will be putting the pedal to the metal.
The global consolidation of wealth continues.