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To: IBD editorial writer

Good.

Stop selling out America. Bring back industry.

American industry.


2 posted on 05/12/2015 3:42:01 AM PDT by Cringing Negativism Network ( http://www.census.gov/foreign-tradebalance/c5700.html)
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To: Cringing Negativism Network

America thrives on trade.

The global reach of companies has exploded with the internet that has revolutionized communication. The advent of Paypal and Ebay allows one to purchase and receive a single polyethylene wash bottle costing only $1.50 from Hong Kong with free shipping. There is no middlemen.

For larger transactions via say a letter of credit, the funds can flow smoothly from bank to bank pretty much instantaneously. A sales office of an American Company in Europe selling to a French company purchasing for factory in Burkina Faso has direct and near instant communications all along the chain from Africa to Europe to America. The Africa bound products are made in America but the sales work is done in company offices abroad.

An American Engineering firm with offices in London can design a project in Australia that will be accomplished by the Australian subsidiary of a Pennsylvania company. The Pennsylvania company on behalf of it’s Australian office purchases the necessary materials from a Paris quartered company that actually produces the products in Tennessee and ships to Australia.

I sense you have no clue about the manner and extent of present day business that is routinely conducted by people literally dispersed all over working together via the internet and email to accomplish fantastic projects and transactions. As recent as 25 years ago, none of it was possible.

What you clamor repeatedly for is not going to happen. The people of the world have moved far beyond your isolationist thinking.

Oh yes, I mentioned Ebay but there is Alibaba, a Chinese Ebay for intercompany commercial sales, lurking out there. A company not on Alibaba is not going to do very well in the future. The Alibaba IPO raised a record $21.8 in an American stock market .

Your nightmare of global trade is just beginning . Your archaic desires are never going to happen.


9 posted on 05/12/2015 4:56:29 AM PDT by bert ((K.E.; N.P.; GOPc.;+12, 73, ..... No peace? then no peace!)
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