HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Armstead » Journal
Page: 1


Profile Information

Member since: 2001
Number of posts: 47,803

Journal Archives

One slight issue regarding the Clint Ad and Chrysler

Just to make this clear. I'm glad Clint Eastwood had the committment to do that ad for free. I hope he is correct that America is poised for a second-half recovery. It was an inspiring ad.

I'm glad the US government stepped in and saved the company and all of those jobs.

Rove and the other GOP CONservatives are morons for being crybabies about the ad.

But....One little inconvenient fact that we need to remember.

Chrysler is no longer an American car company. It is an Italian car company now, with Fiat as its majority owner.

Maybe that's not a bad thing. But it is not an example of America coming back to the top of the global economic pyramid. The people who work for Chrysler are, in a sense, no different than the ones who build Hondas or other foreign brands ion US plants.

So it is not, strictly speaking, something to crow about as American Triumphalism. At best it is a pragmatic global solution. Maybe better than the alternative -- but in another sense it's another case of the domestic economy being swallowed up by globalization.

Go to Page: 1