MB Software Solutions General Account wrote: > Leland Jackson wrote: > >> If the big three go out of business, who do you think will pick up the >> slack to met the USA demand for autos? I don't see young start-up >> companies being able to move into the vacuum previously occupied by >> large USA autos manufacturers geared towards mass production. I would >> expect the demand for autos previously supplied by USA companies to be >> meet by foreign companies operating both inside and outside the USA, and >> the employment loses would create new jobs within the remaining foreign >> manufacturers. >> >> I would hate to see the USA auto industry owned and operated by >> companies outside the USA. >> > > > But Leland, those foreign car makers employ Americans RIGHT HERE IN THE > US. Some of the folks laid off could get jobs over in their plants, > allbeit for far less than their union wages were getting them. > > > >
Yes, I'm considering that the loss of the big three American auto companies would result in many of the displaced workers finding there way into the surviving auto companies, that would need additional labour to meet increased demands for their auto products. I know that companies operated in the USA fall under the jurisdictional law of the state in which the company is incorporated, as well as the law passed by the USA legislature, and, of course, the law of the land, (eg USA constitution). I also know that the ownership in the remaining companies could be very diverse, as shares of the stock in the major auto companies are traded world wide. Still, it very common that the founders of the companies are often also the major shareholders, (eg owners), at least to the extent that they control the board of directors, so I would hate to see the American companies go out of business. It would certainly signal an end of a era of American history and the possible beginning of a decline in American influence and power. Regards, LelandJ > [excessive quoting removed by server] _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
