SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rat dog micro-cap picks...

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bucky Katt who wrote (10013)12/27/2002 1:39:48 PM
From: Silver_Bullet  Read Replies (2) of 48461
 
I was pondering last night at the "Hummer." What a nice set (H1, H2) of vehicles. I wasn't pondering the style of the vehicle but the cost, over $50K, and how America is the one of few countries (the only?) that has a large population with the means to acquire many of such an object.

I then asked myself what other country does the following but America? Our military comes up with a need for a new "All terain, All weather" attack / support vehicle. So, one of the major American corporations solves the need but then turns around a creates a "civilian" version that sells like hotcakes for buku bucks.

What is peculiar is not that a "military" vehicle is in civilian hands but that many people in our country actually have the means to support such an extravagant style. This is not the case in 95% of the world.

I ask, what does a person in a "low cost" sourcing countries buy with less than $5 a day in pay? Not a HUMMER!

At a fundamental, strategic level I believe it is better for a company to pay "higher" wages to the workforce, at home in our case, that will inturn support the very corporation it works for by buying large $ items than it is to "totaly" outsource to make a balance sheet "look" better.

This is just a scratch on the surface of a big subject.

FT
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext