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Keyword: factories

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  • Obama Didn’t Save the Auto Industry: He Took Away 2,200 Dealerships and 120,000 Jobs

    10/01/2012 1:48:35 PM PDT · by NYer · 37 replies
    Laycatholics ^ | October 1, 2012
    As a Catholic who works in the trade association profession in the auto industry it was unsettling to hear President Obama claim that he saved the auto industry. President Obama closed over 2,200 auto dealerships, which caused the losses of decades old family-owned businesses and over 120,000 jobs they provided. The closures were allowed to happen under the false notion that auto dealerships were an expense on their auto maker. The President ignored the fact that auto dealers are not an expense to automakers. Auto makers own none of what you see at auto dealerships. Auto dealers own all their...
  • Rick Santorum and the Need for a New Coalition

    01/07/2012 11:40:38 AM PST · by jfd1776 · 2 replies
    Illinois Review ^ | January 7, 2012 A.D. | John F. Di Leo
    Counting blocks, counting heads: The Democratic Party has long made it clear that their commitment to their voting blocks is based on two things: giving them goodies and increasing their numbers. Now, there’s nothing new about the former. The modern Democrat is a believer in wealth redistribution – in a zero-sum game in which the government allocates the portions. The Democrat campaigns on his promise to distribute whatever the government has to give – be it tax dollars, borrowed dollars, or printed dollars – in whatever form is desired – entitlement checks, college grants, mortgage forgiveness. He then promises to...
  • Philly Fed factory activity index worst in 2-1/2 yrs

    08/18/2011 7:52:26 AM PDT · by Oldeconomybuyer · 7 replies
    Reuters via Yahoo! Finance ^ | August 18, 2011 | by Leah Schnurr
    NEW YORK (Reuters) - A gauge of factory activity in the Mid-Atlantic region plummeted in August, falling to the lowest level since March 2009 and casting more doubts on the strength of the economic recovery, a survey showed on Thursday. The Philadelphia Federal Reserve Bank said its business activity index dropped to minus 30.7 from positive 3.2 the month before and was far below economists' expectations for positive 3.7, according to a Reuters poll. It missed the poll's lowest forecast for minus 10.0. It was the biggest month-over-month drop since October 2008, during the heart of the credit crisis.
  • Obama’s EPA Sets Out to Destroy US Factories With Boilers; Affecting Millions of US Jobs

    06/26/2011 9:41:07 AM PDT · by blueyon · 46 replies
    Gateway Pundit ^ | 6/26/2011 | Jim Hoft
    Thousands of power plants, manufacturing plants, paper mills, refineries, chemical plants, schools and hospitals use boilers at their facilities. Literally millions of jobs rely on affordable energy from these facilities, and those jobs are put at risk if those boilers can no longer be installed and run in a cost effective manner.
  • Toyota Will Shut Down All Of Its North American Factories Due To Shortages In Japan

    04/04/2011 12:48:28 PM PDT · by SeekAndFind · 45 replies
    Business Insider ^ | 04/04/2011 | Gus Lubin
    Toyota just announced it will shut down all of its North American factories due to shortages of parts from Japan. This is a temporary shutdown, which will affect about 25,000 workers. The length of the shutdown is unknown and depends on how fast Japanese parts factories can get back in operation, spokesman Mike Gross told the AP. Toyota gets about 15 percent of its parts from Japan. Last month GM's Shreveport plant was shutdown temporarily due to troubles in Japan.
  • 10 Iconic American Factories That Have Closed In The Past Two Years (And they ain't coming back)

    02/09/2011 1:09:33 PM PST · by SeekAndFind · 44 replies
    Business Insider ^ | 02/09/2011 | Thornton McEnery
    America is on its way to becoming the world's first truly post-industrial nation. Factory jobs have been shed by the thousands and cities that once relied on industry have been shattered. Of course this trend has been going on for the past forty years or so. Only recently it has been getting worse. Click here to see the biggest American factory closings of the past 2 years
  • Factories boom, but with few new workers

    02/07/2011 10:33:25 AM PST · by Nachum · 84 replies
    msnbc ^ | 2/7/11
    Productivity gains mean many low-skilled workers are shut out The U.S. manufacturing sector is roaring back after the worst recession in generations. So why aren’t factory jobs coming back as quickly? One big reason: Business executives like Drew Greenblatt, owner of Baltimore-based Marlin Steel Wire Products, have figured out how to make more widgets with the same number of workers. To do so, he's had to upgrade the skills — and wages — of his employees. But his profits are bigger than ever.
  • Steel, glass VW pedestrian bridge approved (paid for by TN taxpayers)

    09/22/2010 10:58:04 AM PDT · by Tennessee Nana · 18 replies
    ChattanoogaTimesFreePress ^ | September 22, 2010 | Mike Pare
    A $7.25 million, 850-foot pedestrian bridge and guardhouse for the Volkswagen plant won approval from a city panel Tuesday. The steel-and-glass structure, more than one-quarter the length of the Walnut Street Bridge that spans the Tennessee River, will serve as the main entrance to the auto plant. The pedestrian bridge, paid from city, Hamilton County and state funds as part of the automaker’s incentive package, will cross over a stream and one of VW’s vehicle test tracks and negotiate a steep change in elevation at the site, officials said. “It will be an extraordinary bridge,” said Steve Leach, the city’s...
  • Mexico gets VW engine factory (instead of TN)

    09/22/2010 8:31:14 AM PDT · by Tennessee Nana · 53 replies · 1+ views
    ChattanoogaTimesFreePress ^ | September 22, 2010 | Mike Pare
    Volkswagen plans to pick Mexico as the site for an engine plant to serve its assembly plant in that country and the automaker’s Chattanooga factory, according to a report. Automotive News reported Tuesday an announcement could come as soon as today. Last month, Frank Fischer, chief executive of VW's operations in Chattanooga, told the Times Free Press he didn't expect the engine plant to come to the city. “We said, ‘Please do it,’” Fischer said in August. “We were supporting it.” But VW officials were looking at manufacturing capacity and consumer demand in locating the plant, he said. Mexico had...
  • Just One Word: Factories

    08/12/2009 6:11:35 AM PDT · by La Lydia · 82 replies · 1,429+ views
    Washington Post ^ | August 12, 2009 | Harold Meyerson
    ...In "The Graduate"...Dustin Hoffman's Benjamin is given a one-word bit of career counseling by one of those shallow and corrupt grown-ups at a shallow and corrupt grown-up cocktail party: "Plastics." Forty-two years later, the line has picked up a meaning that the makers of "The Graduate" could not possibly have anticipated.. today, the reaction is, "Oh, right: America still made things then." We don't any more...Since 1987, manufacturing as a share of our gross domestic product has declined 30 percent. Once the world's leading net exporter, we have become the world's leading net importer. In 2007, we exported $1.2 trillion...
  • California Set to Adopt Sweeping Global Warming Plan

    12/11/2008 7:42:36 AM PST · by Sammy67 · 61 replies · 1,670+ views
    NewsMax ^ | 12/11/08
    SACRAMENTO, Calif. -- California's utilities, refineries and large factories must transform their operations to cut greenhouse gas emissions as part of a new climate plan before state regulators. On Thursday, the California Air Resources Board was expected to adopt what would be the nation's most sweeping global warming plan, outlining for the first time how individuals and businesses would meet a landmark 2006 law that made the state a leader on global climate change. It would hold California's worst polluters accountable for the heat-trapping emissions they produce _ transforming how people travel, utilities generate power and businesses use electricity. At...
  • Factories to shut to clean Beijing's air

    04/14/2008 1:07:58 PM PDT · by NormsRevenge · 8 replies · 126+ views
    AP on Yahoo ^ | 4/14/08 | Stephen Wade - ap
    BEIJING - Construction will halt, heavy industries will close, and even spray painting will stop in order to clean Beijing's polluted air for the Olympics — an issue that suddenly has taken a back seat to political protests. An aggressive plan to temporarily shutter belching steel and chemical plants, cut back emissions by 30 percent at 19 heavy-polluting companies and stop excavation and pouring of concrete at hundreds of sites around the city was explained Monday by the city's Environmental Protection Bureau. "From the suggestions of experts we think that we need to take these measures to guarantee the air...
  • 1 in 10 schools are 'dropout factories' (where only 60% of freshmen make it to senior year)

    10/29/2007 2:06:06 PM PDT · by NormsRevenge · 132 replies · 293+ views
    AP on Yahoo ^ | 10/29/07 | Nancy Zuckerbrod -ap
    WASHINGTON - It's a nickname no principal could be proud of: "Dropout Factory," a high school where no more than 60 percent of the students who start as freshmen make it to their senior year. That description fits more than one in 10 high schools across America. "If you're born in a neighborhood or town where the only high school is one where graduation is not the norm, how is this living in the land of equal opportunity?" asks Bob Balfanz, the Johns Hopkins researcher who coined the term "dropout factory." There are about 1,700 regular or vocational high schools...
  • Iraqi Clothing Factories Eyeing U.S. Holiday Market

    08/13/2007 5:40:29 PM PDT · by SandRat · 16 replies · 515+ views
    WASHINGTON, Aug. 13, 2007 – Santa might be visiting Iraq this year to fill his holiday wish, as Iraq’s once-sagging textile industry gears up to export Iraqi-made clothing to the United States, a senior Iraqi government official said yesterday in Baghdad. Deputy Industry Minister Sami al-Araji joined Paul Brinkley, deputy undersecretary of defense for business transformation, and Iraqi Minister of Finance Bayan Jabr at a joint news conference to discuss plans to get Iraq’s factories up and running. Many of the 200-plus state-run factories have been idle more than four years, resulting in mass unemployment that officials say creates a...
  • Child Slaves Found In China's Brick Factories

    06/15/2007 7:16:59 PM PDT · by blam · 23 replies · 830+ views
    The Telegraph (UK) ^ | 6-16-2007 | Richard Spencer
    Child slaves found in China's brick factories By Richard Spencer in Beijing Last Updated: 2:10am BST 16/06/2007 Hundreds of Chinese children have been kidnapped and forced to work as slaves in brutal conditions. President Hu Jintao and the prime minister, Wen Jiabao, have intervened to call for urgent efforts to trace hundreds more boys and young men who are still feared missing despite raids on brick factories across north and central areas of the country. The reports of children being abducted, locked in factories for years, beaten, left untreated for severe burns and, in some cases, killed spread this week...
  • Orders for big-ticket items jump

    04/25/2007 6:19:10 AM PDT · by libertarianPA · 7 replies · 227+ views
    AP via Yahoo! News ^ | 4/25/07 | MARTIN CRUTSINGER
    WASHINGTON - Orders to U.S. factories for big-ticket manufactured goods rose in March at the fastest clip in three months, helped by the biggest jump in orders by businesses to expand and modernize in 2 1/2 years. The Commerce Department reported Wednesday that demand for durable goods rose 3.4 percent last month compared with February. That was significantly better than the 2.5 percent increase that had been expected. Much of the strength last month came from a 37.6 percent surge in demand for commercial aircraft. However, orders for business capital goods excluding aircraft also posted a strong gain of 4.7...
  • Reopened Iraqi Factories Take Aim at Insurgency

    03/29/2007 5:54:58 PM PDT · by SandRat · 2 replies · 228+ views
    WASHINGTON, March 28, 2007 – With straight unemployment running at 20 percent nationwide, there is no wonder that Iraqi men would be sympathetic to violence and insurgency, the Defense Department’s point man for Iraqi reconstruction said today. Paul Brinkley, deputy defense undersecretary for business transformation, acquisition, technology and logistics, said Iraqis want work, normalcy and security. He is working with the Iraqi government and coalition officials to open factories and create jobs for those unemployed and those underemployed, said during a Pentagon news conference today. Getting Iraqis back to work, he said, takes groups of people out of the...
  • U.S., Iraqis work to reopen factories

    02/03/2007 4:40:00 PM PST · by SandRat · 1 replies · 253+ views
    AR RAMADI — U. S. officials are working with the Iraqi Government to reopen various production factories to stimulate the local economy here. Mohammed Abdullah, the deputy minister of industry, met with Bob Love, the director of Iraqi operations for the Defense Business Transformation Agency, during a Jan. 31 visit to ceramics and glass factories to discuss the future of the businesses. “The factories in Ramadi are important to the government of Iraq and the United States,” Love said. “We have to move quickly.” Love said that meetings like this would speed up the process of opening the ceramic factory’s...
  • US To Reopen Iraq's Factories In $10m U-Turn

    01/27/2007 5:28:46 PM PST · by blam · 3 replies · 421+ views
    The Telegraph (UK) ^ | 1-28-2007 | Aqeel Hussein -Colin Freeman
    US to reopen Iraq's factories in $10m U-turn By Aqeel Hussein in Baghdad and Colin Freeman, Sunday Telegraph Last Updated: 12:11am GMT 28/01/2007 US officials in Iraq are planning to re-open lumbering state industries set up as part of Saddam Hussein's command economy in an attempt to bring jobs to the country's most troubled areas. Moribund government-owned plants, including ageing tractor factories, tyre manufacturers and cement companies, have been earmarked for a multi-million dollar scheme designed to lure Iraqis away from the insurgents' payroll. A worker recycles glass at an oil lamp factory in Baghdad The plan represents an extraordinary...
  • U.S. Restoring Iraqi Factories

    01/18/2007 5:49:05 PM PST · by SandRat · 6 replies · 321+ views
    American Forces Press Service ^ | Sgt. Sara Wood, USA
    WASHINGTON, Jan. 18, 2007 – In an effort to bolster Iraq’s economy and employ thousands of Iraqis, the United States is working to restart operations at several factories around the country. A team from the Defense Department’s Office of Business Transformation has been visiting Iraq since May to evaluate the situations at the country’s roughly 200 former state-owned factories and determine what is needed to restart operations. So far, the team has visited and done detailed assessments of almost 40 factories, and has a list of 10 priority facilities it will focus on, Paul Brinkley, deputy undersecretary of defense...
  • Three Iranian Factories 'Mass-Produce Bombs To Kill British In Iraq'

    08/19/2006 6:10:50 PM PDT · by blam · 50 replies · 1,293+ views
    The Telegraph (UK) ^ | 8-20-2006 | Toby Harnden
    Three Iranian factories 'mass-produce bombs to kill British in Iraq' Toby Harnden in Washington (Filed: 20/08/2006) Three factories in Iran are mass-producing the sophisticated roadside bombs used to kill British soldiers over the border in Iraq, it has been claimed. The lethal bombs are being made by the Iranian Revolutionary Guard Corps at ordnance factory sites in Teheran, according to opponents of the country's theocratic regime. Designed to penetrate heavy armour, the devices being manufactured in Iran involve the use of "explosively formed projectiles" or EFPs, also known as shaped charges, often triggered by infra-red beams. The weapons can pierce...
  • Modine's final frontier

    07/16/2006 6:06:29 PM PDT · by KevinDavis · 6 replies · 216+ views
    Milwaukee Journal Sentinel ^ | 07/14/06 | RICK BARRETT
    Modine Manufacturing is developing a cooling system aimed at nuclear-powered spaceships. The Racine company, which builds engine radiators for cars and trucks, hopes to hitch a ride on space voyages to Mars, Jupiter and beyond. Such equipment also could be part of a scientific outpost on the moon. Modine is creating liquid-filled titanium pipes that would pull heat away from a spacecraft's engine and dissipate it into the vast emptiness of space. Nuclear-powered engines could become essential as NASA looks for ways to explore the depths of the solar system.
  • Glass, ceramics factories reopen, restore hope for city

    08/18/2005 4:03:03 PM PDT · by SandRat · 5 replies · 479+ views
    Marine Corps News ^ | Aug 18, 2005 | Sgt. Stephen D'Alessio
    CAMP BLUE DIAMOND, AR RAMADI, Iraq (August 18, 2005) -- The Ramadi Glass Works Factory, which was once the second largest employer in western Iraq’s Al Anbar Province, is slowly coming back to life. The factory’s management is working with coalition forces to gradually reopen the plant, which was closed last November after insurgents used the factory to stage attacks. Due to its key role in the local economy, both groups have pushed to open the facility, which also includes a ceramics factory. “It employs 2,300 people and the way we look at it those are 2,300 families affected,” said...
  • Factories Ramp Up As Low Inventories Spur Orders, Output

    08/02/2005 7:58:12 AM PDT · by CAWats · 3 replies · 259+ views
    INVESTOR'S BUSINESS DAILY ^ | 8/2/2005 | Laura Mandaro
    After last week's strong durable goods and Midwest manufacturing reports, the ISM confirmed a brighter outlook for factories — and economic growth overall. "The latest few reports suggest that the industrial side of the economy is reaccelerating," said Manufacturers Alliance Chief Economist Daniel Meckstroth. The ISM's new orders index rose 3.4 points to 60.6, also a 2005 high. The production subindex shot up 5.6 points to 61.2, the highest since September. Manufacturers have worked down inventories and are pumping up production to meet continued strong consumer demand.
  • Teamsters Mobilize Against CAFTA in Fight to Protect U.S. Jobs: Official Statement of Teamsters

    06/26/2005 3:28:41 PM PDT · by madfly · 43 replies · 1,304+ views
    Yahoo Press Release ^ | Jun. 23, 2005 | James R. Hoffa
    WASHINGTON, June 23 /PRNewswire/ -- The following is a statement from Teamsters General President James P. Hoffa: The clock started ticking today on thousands of jobs in the United States with the introduction of the Central American Free Trade Agreement, or CAFTA. Congress has only 90 days to reject this job-killing trade proposal. I call on my 1.4 million brothers and sisters in the Teamsters Union, along with working families across the United States and around the world, to mobilize against CAFTA and for job protections and basic international labor standards. The time constraints imposed by the fast track...
  • Chinese factories accused of faking records (China)

    04/22/2005 12:30:10 AM PDT · by maui_hawaii · 16 replies · 580+ views
    Financial Times ^ | April 22, 2005 | Alexandra Harney
    Widespread falsification of factory records is undermining western companies' efforts to enforce their corporate social responsibility standards in China. ADVERTISEMENT Factory managers' forgery of payroll documents and time cards is increasingly sophisticated, according to auditors and western buyers who work with Chinese factories. Some estimate that more than half of the factories surveyed in social compliance audits have falsified at least some of their records. “A few years ago, we were able to detect when records were altered by simply interviewing workers. Now workers are coached,” said Daryl Brown, vice-president for global ethics and business practices at Liz Claiborne. The...
  • Palestinian Terrorists: Jobs For Peace

    04/12/2005 2:47:13 PM PDT · by IsraelBeach · 12 replies · 568+ views
    Israel News Agency ^ | April 13, 2005 | Joel Leyden
    Palestinian Terrorists: Israel Gives Jobs, We Make Peace Palestinians are learning that the dove of peace lives on bread and software, not bullets and bombs. By Joel Leyden Israel News Agency Jerusalem----April 12..... After so many years, it appears that they finally got it. First it was war money from Egypt and Jordan, the promises of land in Palestine. Then the cash poured in from Saudi Arabia, Iran, Iraq, Libya and Syria. Cash for terrorism, guns and Islamic terror suicide bombers. To make the job easier for the bombers, they were promised 72 virgins in heaven and their proud parents...
  • N.Y. Times: Iraq Had WMD 'Stockpiles' in 2003

    03/13/2005 5:53:53 PM PST · by CHARLITE · 50 replies · 4,096+ views
    NEWMAX.COM ^ | MARCH 13, 2005 | CARL LIMBACHER
    In a stunning about-face, the New York Times reported Sunday that when the U.S. attacked Iraq in March 2003, Saddam Hussein possessed "stockpiles of monitored chemicals and materials," as well as sophisticated equipment to manufacture nuclear and biological weapons, which was removed to "a neighboring state" before the U.S. could secure the weapons sites. The U.N.'s Monitoring, Verification and Inspection Commission [UNMOVIC] "has filed regular reports to the Security Council since last May," the paper said, "about the dismantlement of important weapons installations and the export of dangerous materials to foreign states." "Officials of the commission and the [International] Atomic...
  • Factory Orders Rise, Services Buoyed

    08/04/2004 7:57:04 AM PDT · by q_an_a · 3 replies · 242+ views
    Yahoo-Reuters biz ^ | 08/03/04 | Alister Bull
    WASHINGTON (Reuters) - New orders at U.S. factories rose by more than expected in June and May's fall was revised to show a gain, government showed data on Wednesday, while a jump in a key service sector poll added to the upbeat outlook. The Commerce Department said factory orders advanced 0.7 percent in June, after a revised 0.4 percent gain in May that was initially reported as a 0.3 percent fall. Wall Street had forecast orders to grow 0.5 percent in June and the data dovetailed with an Institute for Supply Management report on Monday showing U.S. factories stepped up...
  • US consumers subdued but Midwest factories booming

    04/30/2004 7:27:55 PM PDT · by lasereye · 26 replies · 140+ views
    Reuters ^ | 04.30.04 | Pedro Nicolaci da Costa
    NEW YORK (Reuters) - Midwest factories boomed in April, and at such a quick rate that manufacturers may even have to take on new workers to support the expansion, a report showed on Friday. Even as factories hummed along at a rapid clip, consumer sentiment managed to deteriorate slightly in April. Yet factory managers must have sensed ample demand for new goods, since they ratcheted up production for a 12th straight month in, at an even faster pace than economists suspected. "The reluctance to hire remains a problem, but companies will have to step up hiring anyway unless they want...
  • Sizzling factory sector data shows US economy in high gear

    04/23/2004 12:21:31 PM PDT · by kennedy · 23 replies · 72+ views
    Yahoo! News ^ | April 23, 2004 | AP
    A blockbuster report from the factory sector shows the US economy is shifting into high gear, portending an end to the period of super-low interest rates, economists said. The Commerce Department (news - web sites) said Friday that US orders for big-ticket "durable goods" jumped by a surprisingly strong 3.4 percent in March after an upwardly revised 3.8 percent gain in February. The reported orders for long-lasting items such as airplanes, cars and washing machines shattered Wall Street estimates for a 0.7 percent rise and suggested the US factory sector is stronger than believed. The rise "shows the robust state...
  • The Return Of The Giant Sucking Sound

    02/08/2004 9:51:08 AM PST · by sfwarrior · 281 replies · 1,227+ views
    SFGATE.com (The SF Chronicle) ^ | 02/09/04 | Adam Sparks
    <p>Since 2001, the United States has lost 2.8 million manufacturing jobs. Hello! Is anybody listening? This is a crisis. Our house is on fire, and few in Congress are paying attention. And, at the rate things are going, the only jobs even college graduates will be able to get will be in the service industry. That's political lingo for flipping hamburgers.</p>
  • MID-ATLANTIC FACTORIES POWER AHEAD IN DECEMBER

    12/18/2003 1:40:49 PM PST · by MeneMeneTekelUpharsin · 15 replies · 153+ views
    Forbes ^ | 18 December 2003
    NEW YORK, Dec 18 (Reuters) - Manufacturing in the U.S. mid-Atlantic region surged powerfully and unexpectedly in December as new orders jumped to a 23-year high, in one of the clearest signs yet that factories have emerged from a two-year slump. The Philadelphia Federal Reserve Bank said on Thursday its monthly gauge of regional industry jumped to 32.1 in December from 25.9 in November, confounding economists' forecasts for a slight fall to 25.4. New orders, a harbinger of future growth, surged 21 points to 41.8 in December from 20.8 in November, while employment, which has so far lagged the recovery...
  • Factory Growth Fastest in 20 Years

    12/01/2003 9:34:36 AM PST · by So Cal Rocket · 15 replies · 93+ views
    Reuters via Yahoo! ^ | 12/1/03 | By Eric Burroughs
    NEW YORK (Reuters) - U.S. factory activity rocketed to its fastest pace since 1983 in November and construction spending hit another record high the prior month, according to reports on Monday showing the economy's rapid growth is reversing three years of job losses. The Institute for Supply Management said its manufacturing index jumped to 62.8 in November, the highest since December 1983, from 57.0 a month earlier. That easily beat the forecasts of Wall Street economists. With growth so strong and new orders still flooding in, factories hired workers for the first time in 37 months, according to the survey....
  • U.S. Mid-Atlantic Factories Surge

    08/21/2003 9:46:53 AM PDT · by jwalburg · 7 replies · 116+ views
    Reuters ^ | 8-21-03
    NEW YORK (Reuters) - Factory activity in the U.S. Mid-Atlantic region jumped unexpectedly in August, a survey said on Thursday, bolstering the view that the troubled manufacturing sector is poised for recovery. The Federal Reserve Bank of Philadelphia said its index of factory business conditions jumped to 22.1 in August from 8.3 in July, far above economists' forecasts of a rise to 9.9. It marked the third month of expansion, shown by a reading above zero. The report was the latest from the manufacturing sector to suggest conditions are showing solid improvement. The survey wasn't affected by the massive blackouts...
  • We Sold Our Country [is this conservative, neo-conservative, or Democrat policy]

    04/17/2003 9:19:56 AM PDT · by ex-snook · 152 replies · 330+ views
    USA Daily ^ | current | Pat Choate
    We Sold Our CountryBy Pat Choate Imagine an old and prosperous family where the traditional values, such as never touching capital and working hard, have long dominated.  But then imagine that a new generation takes charge and decides to party. They sell off the assets, buy all the trinkets they've always wanted, stop working, start gambling, and slowly go broke. That’s America over the past twenty years. In the early 1980s, we elected a generation of public officials who decided they wanted to increase consumption and cut taxes.  Let the good times roll. But the bills had to be paid.  Thus,...
  • Israeli matza factories working around the clock

    04/15/2003 11:05:34 PM PDT · by yonif · 24 replies · 169+ views
    Jerusalem Post ^ | Apr. 16, 2003 | THE JERUSALEM POST INTERNET STAFF
    Israel's matza factories are working non-stop to supply every family with their portion of unleavened bread, reports Israel radio. Over 200 million matzas will be consumed over the Passover holiday, said Israel radio.
  • Index of Manufacturing Shoots Up

    01/02/2003 9:18:08 AM PST · by LS · 38 replies · 279+ views
    Yahoo news ^ | 1/02/2003 | LS
    Activity in the battered U.S. factory sector jumped in December after three months of declines. The Institute for Supply Management said its index of manufacturing business conditions rose to 54.7 from 49.3 in November, blowing past expectations. In the survey, 50 marks the threshold between growth and contraction.
  • Factories leave Mexico to find cheaper labor

    07/04/2002 1:17:48 AM PDT · by sarcasm · 105 replies · 726+ views
    Washington Post via Seattle Times ^ | July 4, 2002 | Mary Jordan
    TIJUANA, Mexico — Cesiah Ruiz Brena came to Tijuana in 1989, deliriously happy to get a job at a new Japanese factory. Her work space was grand, the lights were bright, and the pay was unimaginably good: $100 a week to start. But after 13 years during which her wages rose to $200 a week, Ruiz Brena lost her job June 1. Her Canon inkjet-printer factory shut down. She and her co-workers shared a cake, snapped photos of one another and said goodbye. The factory work, they were told, was moving to Thailand and Vietnam, where wages are as low...