Tuesday, October 10, 2006

Capitalism

In 1919, twenty years after the invention of the automobile, there were 108 automobile manufacturers in the United States. Ten years later the number had whittled down to the 44 U.S. auto companies. By the end of the fifties it had dropped to 8, and then down to 2 U.S. car makers. Today, the stocks of the biggest and the only 2 American car makers are owned mostly by foreigners. That is the beauty of Capitalism according the U.S. government and its guidelines for the car manufacturing industry. In other words, never mind the jobs lost as long as somebody, anybody, even those who are not American citizens make tons of money.
For further information, please read Michael Moore’s DUDE, WHERE'S MY COUNTRY?
Poch Suzara

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