Miken

Court Orders Against Gifting Delphi to Platinum

With the benefit of hindsight, the objection to the Platinum deal seems to be much ado about nothing. In spite of all the whoopla, NOBODY put in a competing bid.

Hilarious!!

Court Orders Against Gifting Delphi to Platinum

This will end when American labor rates are once again competitive,i.e., will overcome the freight costs to ship here from a low cost country. Not before. Seems so simple to me, but most people still don't get it. It should be obvious to everyone that American purchases couldn't care less where goods are manufactured...they will buy what they perceive as the greatest value TO THEM.

If Americans don't learn this lesson quickly, the middle class will be toast.


On Jun 17 01:50 AM TeresaE wrote:

> The joke is that Delphi is becoming a foreign, or subcontracted,
> "manufacturer."
>
> So, not only is the government gifting them away-just like Chrysler-the
> government is assuming all the risk.
>
> Dear gawd, when does this nightmare end?
>
> Oh, that's right, when the only jobs left have been granted by DC,
> the rest of us will be fighting over WalMart.