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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWorking For The Chinese
If you are employed by the AMC Movie Theaters you will soon be working for a Chinese corporation. It appears that a Chinese concern has purchased this company. How long will it be before many more Americans are working for Chinese owned corporations in the USA. The GOP supports outsourcing our jobs to places like China. I am sure that Romney made some deals with them as well.
You have to wonder whose flag the GOP really flies and salutes to.
DJ13
(23,671 posts)Melamine popcorn!
rrHeretic
(52 posts)For you it's a joke, right? But I bet if you lost your job due to outsourcing to China you'd be whining like a baby.
Zalatix
(8,994 posts)I hope.
Who would take that comment serious?
Zalatix
(8,994 posts)We get a little jittery sometimes.
take it seriously? Probably the millions who've lost jobs due to outsourcing. However I stand corrected I suppose. But dwindling jobs along with a disappearing middle class are no joking matter. You should be in the streets doing everything you can to stop it as people like I have done in the past.
hobbit709
(41,694 posts)Skittles
(153,111 posts)KharmaTrain
(31,706 posts)...or keeping them. The Chinese need a happy and healthy American economy to keep their deck of cards from collapsing. Their economy is now based on our consumption...and when we don't spend they also suffer. I have no problem with Chinese companies...or other foreign nationals...owning companies that provide jobs and services for Americans. Far more preferable to American corporates who outsource.
While a Chinese company may own the AMC...the people who work there are Americans, the movies you're watching are mostly made in the USA (still one of our most popular and profitable exports) and even the popcorn probably came from an American vendor.
Robb
(39,665 posts)Essentially you're talking about China propping up US companies to keep the US economy strong enough to support China's economy. It's a house of cards arrangement we've used ourselves for so long, we can't imagine it could have problems.
Yet here we are.
KharmaTrain
(31,706 posts)I recall people being majorly alarmed about Japan taking over the U.S. in the 80s...until their economy; based on producing for other's consumption (the U.S.) was surpassed (and undercut) by China. In an ideal world it'd be great if everything we bought was made in the USA but the economy is truly global and in many cases its helped more people than its hurt. Living standards in China, India and throughout Asia have dramatically improved in the past 20 years...but at a cost. Everyone's economy props everyone elses these day...a big reason why the banking mess in Europe has hurt our markets.
CBGLuthier
(12,723 posts)filthy fucking foreigners with their filthy fucking foreign ways eh? I do love the smell of jingoism in the morning.
Prometheus Bound
(3,489 posts)They lost money, while the new owners plan to invest half a billion renovating theatres, with no layoffs.
It could be worse.
aint_no_life_nowhere
(21,925 posts)Half the entire world will be owned by an unseen collection of elite investors of different nations who owe their allegiance only to money and power. Exxon is already a state within a state in the U.S. and has assets greater than many foreign countries.
KurtNYC
(14,549 posts)The mode average for the number of films a person in the US sees in a theater annually is ZERO. The standard average is 2 films but what is in that number is males 14-24 seeing 6 films per year. The theater business peaked in 1952 and has seen a slow decline ever since. Netflix, home theaters, YouTube, piracy and video games are all eating the movie theaters' lunch. In short, movie theaters at this point in time are a TERRIBLE buy.
Employees at AMC make minimum wage and management counts the drink cups at the end of the shift. If it doesn't agree with register they deduct the price of the drinks from the paycheck of serfs. How could it be any worse?
If you think that working at AMC or the Honda factory in Ohio or a BMW dealership in Des Moines is "outsourcing" then you don't know what outsourcing is.
I'm glad it wasn't a US-based multi-national-loyal-to-no-one corporations that bought AMC because at least when it finally goes broke we won't have to bail them out.
Romulox
(25,960 posts)hobbit709
(41,694 posts)Yavin4
(35,421 posts)That actually happened in China. All of their movie theaters had to show nothing else but Mao's bio pic. They were not allowed to show any other movies, esp. foreign ones.
Yet another example of the failed "Free Trade" experiment.