To: JohnHuang2
What's wrong with the employees getting a low-interest loan and forming their own company to compete with the Chinese?
Let's show some American ingenuity for a change.
They already know the business!
I'm sure that French-looking rich guy, Senator Kerry would loan them some start-up cash!
To: CROSSHIGHWAYMAN
What's wrong with the employees getting a low-interest loan and forming their own company to compete with the Chinese?Who is going to give a loan to keep a Company in the USA paying Americaqn wages.
Let's show some American ingenuity for a changeAmerican ingenuity was developing the technology. The Chinese already bought the rights to the technology under Clinton now they are just moving their property home.
I do not like this solution but I would suggest a take over of the assetts of this Company by the Federal government would be in order whether or not the current owners want to sell.
11 posted on
08/12/2003 4:12:57 AM PDT by
harpseal
(Stay well - Stay safe - Stay armed - Yorktown)
To: CROSSHIGHWAYMAN
Magnequench holds 90% of all the relevant patents in this field. When the Chinese bought the company for a song in 1995, they picked up the whole enchilada...not just factories and engineers, but those patents, and intellectual property rights. They literally could sue their own workers to keep them from 'infringing' on 'their' technology.
41 posted on
08/12/2003 7:11:16 AM PDT by
Paul Ross
(A nation which can prefer disgrace to danger is prepared for a master, and deserves one!-A. Hamilton)
To: CROSSHIGHWAYMAN
What's wrong with the employees getting a low-interest loan and forming their own company to compete with the Chinese?Ummm, the Chinese bought the patents...
To: CROSSHIGHWAYMAN
"What's wrong with the employees getting a low-interest loan and forming their own company to compete with the Chinese?"Who in their right mind would give the employees a "low interest loan" to start a company that is going to compete against Chinese workers making $1 a day and a company that has the Chinese government backing as well which probably means free and unlimited capital?
We got to stop playing by "fair" rules against communist countries. It's stupid.
54 posted on
08/12/2003 5:01:08 PM PDT by
DannyTN
(Note left on my door by a pack of neighborhood dogs.)
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