Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Friday, February 27, 2009
Wednesday, February 25, 2009
Why The Market Continues to Decline
Indiana Jane posted this on Twitter and I thought it was well written and very thorough.
Thursday, February 19, 2009
Sunday, December 07, 2008
The Bailout
I think Mark Cuban has an interesting alternative idea regarding handling the auto industry crisis. It doesn't help me much on my views on how the Constitution figures in, but it makes more sense than the bailouts do.
One point that he makes early on is a very valid one. I have never bought a foreign car...but have almost exclusively bought Toyota and Nissan when it has been my choice (my current car, a Mercury Villager is really a Nissan Quest). They have been made in Kentucky and Tennessee, and the majority of their parts were made in America as well. The profits stay in America for the most part as well. I have a friend who dogsat for the Vice President of Nissan America (remember a long time ago, they had a commercial that had "this space reserved for Bob" and a lot of other "Bob" stuff. He was Bob....had the sign in his garage. I was in Bob's house in Orange County, CA). We can't underestimate the role that these companies play in our economy, and the examples they play in how much better their business models are, top to bottom and bottom to top.
One point that he makes early on is a very valid one. I have never bought a foreign car...but have almost exclusively bought Toyota and Nissan when it has been my choice (my current car, a Mercury Villager is really a Nissan Quest). They have been made in Kentucky and Tennessee, and the majority of their parts were made in America as well. The profits stay in America for the most part as well. I have a friend who dogsat for the Vice President of Nissan America (remember a long time ago, they had a commercial that had "this space reserved for Bob" and a lot of other "Bob" stuff. He was Bob....had the sign in his garage. I was in Bob's house in Orange County, CA). We can't underestimate the role that these companies play in our economy, and the examples they play in how much better their business models are, top to bottom and bottom to top.
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