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To: darkside321

And that’s how they came to be called and known as Euro-trash and Euro-bitches.


7 posted on 03/10/2010 1:00:52 AM PST by ntmxx (I am not so sure about this misdirection!)
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To: ntmxx

I understand that eads is not happy with this.

But the US has also lost a good opportunity to escape a single source situation.

Boeing will now sell an inferior product for a very good price and invest the residual money where ever they think future growth will be. The size of this deal will manfest a monopoly and this will certainly lead to a weakening of the forces since they will have to take whatever boeing offers.

So the result will be:

EADS and Grumman: Loose and will not establish an american branch and become more american -

Boeing: Big Winner - will increase monopolistic position.

Barack Obama: Wins.

His government toppled the plans of the GOP and will sell this as an all american and patriotic victory.

Air Force: Looses.

The US as a super power: Loose.

Because in the future there will be less opportunities for sourcing of large military projects - things will get later, more expensive and less functionable. Also the Air Force capabilities will be weakened in comparison to the alterntive.

The US economy - wins then looses.

Profits will appear in boeings books and even influence the trade gap positively (in my opinion the later is the driving component in this decission) - but profits will largely not be reinvested in the US - capital drains to china more quickly and the trade gap widenes.

It’s socialism at work - and it doesn’t work.


8 posted on 03/10/2010 2:08:05 AM PST by Rummenigge (there are people willing to blow out the light because it casts a shadow)
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To: ntmxx
And that’s how they came to be called and known as Euro-trash and Euro-bitches.

So when US politicians do the same kind of lobbying on behalf of Boeing, Northrop or Lockheed, that would make US citizens Ameri-trash and Yankee-bitches? No. Seriously, relax, this is just standard operating procedure. The US is the biggest weapons exporter and of course US politicians lean on prospective buyers, too. And of course they whine when the other guy wins.
27 posted on 03/20/2010 4:47:12 AM PDT by wolf78 (Inflation is a form of taxation, too. Cranky Libertarian - equal opportunity offender.)
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