Posts Tagged ‘GE’

Those “evil corporate jet owners” will be buying Mexican, after all

Monday, August 1st, 2011

Demonize an industry, load it with government regulations, burden it with union rules, and sooner or later, they move their business out of the USA:

The New Learjet…Now Mexican Made
Low Labor Costs Attract Bombardier, Which Employs 1,600; Fuselages Where Cacti Once Stood

The main draw is price. Executives say its cost of labor offers savings of 25% to 30% over the U.S. and at least 30% over Japan. Proximity to North American companies means shipments can arrive in days, not weeks, and executives can coordinate plans during working hours. Carlos Bello, head of the aerospace industry group, says the idea is to begin with parts and basic manufacturing before expanding into more advanced areas like assembly and design.

MEXJETS_CHART
And what companies are there?

It is the latest project of Mexico’s budding aerospace industry, a sector that has averaged 20% growth the past five years while attracting the likes of engine-maker General Electric Co., Textron Inc.’s Cessna Aircraft Co. and an array of suppliers tapped by giants Boeing Co. and Airbus, a unit of European Aeronautic Defence & Space Co.

GE?

The same GE that got a $182.5 billion bailout from the Obama administration?

Yes, indeed.

Related,
Despite Violence, U.S. Firms Expand in Mexico

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Lights out

Wednesday, September 8th, 2010

Ladies and gentlemen, we may have stumbled into the only way to profit and make money in the Obama economy.

How idiocy innovation killed the lights

IN WINCHESTER, VA. The last major GE factory making ordinary incandescent light bulbs in the United States is closing this month, marking a small, sad exit for a product and company that can trace their roots to Thomas Alva Edison’s innovations in the 1870s.

The remaining 200 workers at the plant here will lose their jobs.

Guess where those jobs are going?

China?

Hell yeah!

Now think about this:

  • the fluorescents are more expensive,
  • last very little time (I’ve had to change the fluorescents here at casa de Fausta twice, even when they are supposed to last “as long as seven years”)
  • they make you look like death warmed over
  • they are legislated in the cause of global warming, which is a scam to begin with
  • and it’s costing thousands of American jobs here in the USA.

What is there not to love? It’s the perfect setup for a black market! Go forth and find yourself some incandescents to peddle.

And then,
Watch For It – The Mexican Incandescent Light Bulb Cartel. Nah, I say it’s a home-grown black market opportunity.

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