Leland Jackson wrote: > Yes, I'm considering that the loss of the big three American auto > companies would result in many of the displaced workers finding there > way into the surviving auto companies, that would need additional labour > to meet increased demands for their auto products. I know that > companies operated in the USA fall under the jurisdictional law of the > state in which the company is incorporated, as well as the law passed by > the USA legislature, and, of course, the law of the land, (eg USA > constitution). I also know that the ownership in the remaining > companies could be very diverse, as shares of the stock in the major > auto companies are traded world wide. > > Still, it very common that the founders of the companies are often also > the major shareholders, (eg owners), at least to the extent that they > control the board of directors, so I would hate to see the American > companies go out of business. It would certainly signal an end of a era > of American history and the possible beginning of a decline in American > influence and power.
Times change. There's no stopping that. There were some great things of Americana that have gone now and will never be back. Perhaps these folks are intended for the annals of history like those who have previously "passed on." No sense to invest billions into companies who's products are inferior just because they're American history companies. That's just a different kind of welfare, at least, and a bad investment at most......imho. _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.

