(OT) BS on this board.

I live in northwest Missouri 20 miles from where Harley sporsters are made. I also live about 20 miles from where hundreds of americans build Kawasiki small engines and about a hundred miles from Lincoln Nebraska where hundreds more build Kawasaki mororcycles, ATV's and personal watercraft. I ride a Honda that was built in Ohio. If you want help hateing them damn fereners, get your facts straight.

Is the Honda made by Americans in Ohio a Japanese car?

Or are the PT Cruiser made in Mexico or the Camaro made in Canada actually American cars? What about "foreign" makes like Jaguar and Lotus and Land Rover that are owned entirely by American companies?

And what about all the foreign investors who own stock in Ford and GM?

It's a big world for a small mind!

I am not trying to start a war on the board with what I am about to write.

Honda, Mazda and other 'foreign car' companies manufacture cars here. These operations give Americans paychecks and provide cars that are in demand. Simple enough, I think we can at least agree on that.

The rest of the story is that when a company is based in a 'home' Country other than America the true (and often-times huge) profits go back to that 'home' and the $$ don't stay here.

Sure there are paychecks and taxes paid and such...but that is a mere fraction of the $$ that is actually made by these foriegn companies.

We get something out of it, but the foreign comapnies get a lot more and that $$ leaves America and very little of that $$ that leaves will be invested in America. For the most part any of the $$ that comes back is for an investment that will net them a great return.

I have no problem with anyone making a $$.

The fact is though even with a Honda made in this company we are doing Japan more good than America.

Not to bash Japan, but the now own a chunck of NY City real estate, Hawian real estate, and on and on and on. Our country is being bought up by other countries that earn big $$ with thier operations in America...all we get are some good paying jobs.

I would say we are compromising our integrity and our financial interests by allowing Foreign/Japaness based auto companies to build here and ship the big $$ out.

We are open with our boarders in terms of the facilities we allow the foriegn companies to build in America...they do not reciprocate.

Take a look at how many Fords/GMs/Dodges are produced in Japan...Take a look at the fees and taxes they impose on American goods compared to what we charge them to do business on our soil.

We get a few pay checks and they laugh all the way to the bank...

I wonder why this is actually called 'capital flight'...must be how the $$ leave the country.

I am pretty sure this will be an unpopular post, so go ahead and bash me if you like...no individual oppinion is the only way to go.

Respectfully,

-Sal

oslo in NC

You ask a couple of good questions and I am not going to beat some of them to death by starting a #'s game.

There are many sources for the information regarding how much of a profit certain foreign companies actually remove from thier American operatrions and take i back overseas.

This is not something that can be well explained in a 2 paragraph response, it is something that an individual needs to study and learn about. That might seem like a cheap answer to some, but I believe that it is the best way for someone to understand a very complex situation. It's a lot more complex than rebuilding an engine.

I would think most people wouldn't bother to learn all of the details on the priciple of 'capital flight' and how it is so very real and impacts this country and others. It's a complex thing to learn about and it takes time

As far as real-estate being bought up by forigners, sure some have taken a big hit on the prices and vaues. I would think the bigger issue is that they still own huge chunks of quality real estate in America. Besides, over reasonable time these types of real estate holdings appreciate very well. Since 9/11 rent prices are going up a lot since there is a lot less office space availble.

Like I said this is a complex issue and there is no way to fully explain or understand it in a few lines.

Thank you for your reply.

-Sal

However, when an offshore company (especially Japanese) moves production on a vehicle to the U.S., the same people complain that "all the money" is going back to the corporate headquarters, and that a "small fraction" of the proceeds from the vehicle's sales stay in the U.S.

Funny how, in people's minds, almost all the money leaves the country in either scenario.

Can't have it both ways, folks.