[Willie Green]

U.S. Officials Misread Economic Warfare
The Administration's Manufacturing Plan Looks Bogus

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[EagleMamaMT]

Read later.

[oceanview]

good article.

what Bush should learn from the California recall election: an electorate angry about the economy and jobs can hurt you real bad.

[Voltage]

It's good to see that economics works. The government passes laws to discourage business by taxing and regulating them excessively. Business responds by failing or leaving.

I enjoy seeing cause and effect are working. Reality bites!

[harpseal]

Ping on or off let me know.

[meadsjn]

For want of a nail, the shoe was lost,
For want of the shoe, the horse was lost,
For want of the horse, the rider was lost,
For want of the rider, the battle was lost,
For want of the battle, the kingdom was lost,
And all for the want of a horseshoe nail!

[hedgetrimmer]

Unfortunately, other senior administration officials, who deal with trade and economic theory, such as the U.S. Trade Representative and the Council of Economic Advisors, are trying to block the compromise.

Lets analyse this a bit. The article cites two groups that oppose the logical and pro-American ideal of a prosperous manufacturing base to keep America strong:

1. the Trade representative. The person who is not elected to office and therefore does not directly represent the American people and who is a member of a global socialist body(the WTO). Is it credible that he should oppose a buy American policy.

2. The Council of Economic Advisors. Lets see, isn't it the Soviet Union that ran government by councils? Yes I think that's what the word soviet means, it means council. Do you know who is on the Council of Economic Advisors? Do you have a say in their policies? Can you "unelect" them if their actions are anti-American or unConstitutional? Should they have more weight that the citizens in this issue, since it is a matter of national sovereignty and security?

They oppose any limit on the right of corporations to outsource jobs or move production overseas.

They give the corporations rights that have more weight that the rights of citizens. Citizens through their government charter corporations. Corporations under the protection of the US military and various trade agreements and assurances given to them by our government should be able to harm the American economy and still lay claims to that charter and those protections? Doesn't seem fair, does it.

Their “free trade” ideology raises real questions as to whether either trade negotiations or economic calculations in the Bush Administration are really predicated on a desire to gain advantages for the United States, or whether they are simply guided by academic sophistry.

[alrea]

Oct. 8, 2003--Ceradyne, Inc. (Nasdaq:CRDN - News) has acquired a 115,000 square-foot manufacturing plant on six acres in Leestown Industrial Park in Lexington, Kentucky, to expand production capacity.
The Company intends to equip the new $2.4 million facility with state-of-the-art ceramic processing equipment for the production of its proprietary advanced technical ceramic sintered reaction bonded silicon nitride (SRBSN), which is used to produce cam followers for certain Class 8 large diesel truck engines, other engine parts, and industrial applications.

The Company also said it may use this facility to expand its hot pressing capacity to meet anticipated additional military requirements for its lightweight ceramic armor product line.

Ceradyne Chief Executive Officer Joel Moskowitz stated, "We plan to maintain our large manufacturing base in California, but as we grow, we intend to expand in those geographical areas that offer us, and thus our customers, the most cost-effective, technology-enhanced environment. The state of Kentucky, Fayette County, and the City of Lexington all provided significant assistance to Ceradyne.

"The single most important consideration in our decision to expand operations in Kentucky was the cost of electricity, which will be reduced by approximately 65% compared to the rates we pay in California," Moskowitz added.

[EverOnward]

bump -- thanks for keeping these articles coming --

[Euro-American Scum]

In response to the growing political agitation over the “jobless recovery” and the loss of manufacturing jobs under the impact of imports and outsourcing, the Bush Administration has launched a media campaign touting the importance of industry to the economy and the nation´s security.

Media campaign, eh? Well, that ought to take care of the problem.

[riri]

Denim maker Cone Mills to cut 625 jobs in plant closings
By THE ASSOCIATED PRESS

CLIFFSIDE, N.C. (AP) - Cone Mills, the world's largest denim maker, announced Wednesday it would eliminate 625 jobs when it closes two North Carolina denim plants within the next 60 days.

John L. Bakane, Cone Mills' chief executive, blamed a reduced market demand that has been severely weakened by the recent flood of low-cost imports from Asia.

"The steps we have announced today are necessary in order for the company to remain competitive in an environment where unfair trade policies are decimating the U.S. textile industry," Bakane said in a news release.

Cone Mills' future has been under local scrutiny since it announced last month it would file bankruptcy to clear the way for a sale to financier Wilbur Ross.

Both Ross and Cone officials have indicated that part of the transaction would include merging Cone Mills' denim operations with those of Burlington Industries, which Ross acquired this summer in a bankruptcy sale.

The closings announced Wednesday will affect the Haynes Plant in Avondale and the Cliffside Finishing Plant.

The operations at the Cliffside Weave Plant will also be reduced, leaving about 225 employed.

The cut does not affect Rutherford County's Cone Jacquards Plant, which employs about 245. However, the fate of that operation remains uncertain because of the bankruptcy and sale.

Founded in 1891, Cone Mills makes the fabric for Levi's jeans, among others. It employs more than 3,000 people in five factories in the Carolinas, along with a joint venture in Mexico.