Yes, much of the profits do indeed go back to country of origin. Sort of what a 'global economy' is all about. I remember the US at one point used to make millions of different types of televisions and radios. Steel used to be made in US. I could go on and on here, but the US in past 15 years or so has turned more into a 'idea' and 'service' economy. So while many companies have their headquarters here, most of the manufacturing ends up in places where labor is cheaper. So many folks end up who might have manufactured items in US originally, have to retrain then end up in different areas of work. Less benefits, health care, if at all (take this from someone who has been in the bar/restaurant industry 25+ years), less pay, and zero loyalty for company they might work for. I remember my dad was really loyal to AMC. Hell, lots of people could go to work for one company out of high school or college, and be with that company until retirement. Not a whole lot of places like that left in US I can even think of. Most are revolving doors. Joe, I don't think the problem is most folks don't want to see/believe this, it seems (to me) more of media not reporting it. I have not seen a story yet about any of the import plants here in US for instance. You know how the media selectively figures out what is good for us and puts happy face on it. Maybe one day they will show how much money one spends at Wal Mart goes to China, every time someone fills up tank $$$ go to Saudi Arabia or Venezuela, and every time a new building is built (and they are buidling a crapload of them here in Houston) the steel girders are stamped in Korea. Might open some eyes but would it be good television or more people interested in seeing who wins American Idol. Eddie Stakes 713.464.8825 eddiestakes@xxxxxxxxxxxxxxxxxxxx www.planethoustonamx.com ----- Original Message ----- From: "Joe" <jgray_55@xxxxxxxxx> To: <BaadAssGremlins@xxxxxxxxxxxxxxx> Sent: Sunday, November 23, 2008 3:15 AM Subject: [BaadAssGremlins] Re: Yahoo! News Story - Big 3 carmakers beg for $25B, warn ... > EXACTLY MY POINT!!!!! MOST ALL THE PROFITS STILL GO BACK TO JAPAN!! > THANKYOU!! Most folks cannot/do not WANT to see/beleive this!! Joe > > > > > ------------------------------------ > > Yahoo! Groups Links > > > > ------------------------------------ Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/BaadAssGremlins/ <*> Your email settings: Individual Email | Traditional <*> To change settings online go to: http://groups.yahoo.com/group/BaadAssGremlins/join (Yahoo! ID required) <*> To change settings via email: mailto:BaadAssGremlins-digest@xxxxxxxxxxxxxxx mailto:BaadAssGremlins-fullfeatured@xxxxxxxxxxxxxxx <*> To unsubscribe from this group, send an email to: BaadAssGremlins-unsubscribe@xxxxxxxxxxxxxxx <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/