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jseymour

join:2009-12-11
Waterford, MI

I Remember When U.S. Textile Workers...

At least I think it was U.S. textile workers, as more-and-more of their livelihood got shipped overseas, U.S. textile operations closed-down and the workers were dismissed, saying "Wait. It'll be your industry, some day."

Looks like they were right.

Some of it doesn't even make sense. If the U.S. wireless market is profitable for Softbank, why wouldn't it be profitable for some U.S. investor? Then there was the tainted pet food scandal a few years ago. Why is the biggest producer of wheat in the world importing wheat gluten?

Jim


thegeek
Premium
join:2008-02-21
right here
kudos:2
Reviews:
·Suddenlink

said by jseymour:

If the U.S. wireless market is profitable for Softbank, why wouldn't it be profitable for some U.S. investor?

Huge profit right now or delayed profits over years. The current owners are going for the big payday today instead of a steady income later. Likely because they feel that the income won't remain as steady later.

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