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BNSF prostrates itself [bow] before the feet of it's Chinese Overlords.
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[quote]QUOTE: <i>Originally posted by futuremodal</i> <br /><br /> <br /> <br />Anyone still want to argue that BNSF isn't predicated to aiding Chinese and other Asian manufacturers to the detriment of US manufacturers and our own hard working union members? <br />[/quote] <br /> <br />They are, and at the risk of being made even more unpopular than I already am,..I agree with you....for the most part. <br /> <br />these taxpayers who are sold upon the paradigm of replacing bridges and expanding harbor capacity in order to enhance thecompetitiveness of their local port are grasping at short term benefit at the expense if long term economic viability of the nation as a whole. And the railroads who enlarge tunnels to accomodate double stack are contributing to the same problem. <br /> <br />Sure, it helps them squeeze a few dollars more than their competitors do out of current conditions, but in the long run what it accomplishes is the end result of attacking the middleclass and narrowing the consumer base that has always made this country a great market. <br /> <br />Enriching the 'sit on your butt and do nothing' stock holders by robbing the american dream from the working class., is what is at the root of all of this. <br /> <br />Just wait and see how many new refrigerators and new cars will be bought by those displaced factory workers forced to take $6/hr jobs at Walmart. <br /> <br />Those businesses able to squeeze an angle out of globalization will have about a 7 year honeymoon as the diminished buying power of the average american depletes their savings. <br /> <br />After that, the pigheaded harvesters of globalization will be stuck wondering why nobody in america wants to buy big ticket items anymore. <br /> <br />Make no mistake about it, the misguided cheerleaders can gaw faw all they want about 'free market economics", but the REAL dynamic driving this is a veiled mechanism whereby the wealthy holders of equity in this country are raiding the savings accounts of the middle class, and the wake up call for them will be when the savings run out and their middle class stooges can no longer buy things. <br /> <br />"Progress" indeed [:(!]
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