onethumb
All-Star Author
Hamilton
Posts:796
Points:287,705
Joined:Mar 2006
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Message Posted: Mar 11, 2008 1:10:43 PM
Go figure?
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CruisinLinda
Champion Author
Tallahassee
Posts:4,334
Points:883,940
Joined:Sep 2005
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Message Posted: Mar 11, 2008 12:27:12 PM
The U.S. is falling to a second-world country. This is what we've come to with an administration that has destroyed the economy over seven years borrowing $2.5 billion to $3 billion per week on an endless war and lowered interest rates.
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tbradley1973
Veteran Author
Indianapolis
Posts:334
Points:248,205
Joined:Jun 2007
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Message Posted: Mar 11, 2008 12:26:48 PM
Old news...
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Don20
Champion Author
Oklahoma City
Posts:2,627
Points:1,230,730
Joined:Mar 2005
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Message Posted: Mar 11, 2008 11:55:08 AM
Every thing has a price.
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Jacks45
Champion Author
Michigan
Posts:2,794
Points:635,410
Joined:Jul 2007
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Message Posted: Mar 11, 2008 11:48:50 AM
a weak dollar wont mean a cheaper car.
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Cheepo
Champion Author
Tampa
Posts:3,103
Points:1,791,090
Joined:Apr 2003
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Message Posted: Mar 11, 2008 11:41:51 AM
BMW is a great car, I drive a mercedes!
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jvt666
Champion Author
California
Posts:2,319
Points:660,355
Joined:Apr 2006
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Message Posted: Mar 11, 2008 11:33:32 AM
Old news!
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NavyEOD
Champion Author
Los Angeles
Posts:3,045
Points:645,490
Joined:Jul 2007
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Message Posted: Mar 11, 2008 11:33:15 AM
It's getting tough everywhere.
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findcheap
Champion Author
Los Angeles
Posts:2,538
Points:612,545
Joined:Apr 2007
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Message Posted: Mar 11, 2008 11:27:02 AM
world money is betting that the dollar will collapse long term
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pgerassi
Champion Author
Milwaukee
Posts:3,715
Points:757,160
Joined:Apr 2007
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Message Posted: Mar 11, 2008 11:08:22 AM
I don't plan on getting a BMW anytime soon either.
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gasie1
Champion Author
Maine
Posts:3,058
Points:1,153,915
Joined:Nov 2005
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Message Posted: Mar 11, 2008 11:05:55 AM
I do not intend to buy a BMW in the near future.
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murdershewrote
Champion Author
Riverside
Posts:2,646
Points:1,213,885
Joined:Mar 2005
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Message Posted: Mar 11, 2008 11:04:43 AM
bring jobs here...we need em'
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Mr.Dirt
Champion Author
Albany
Posts:3,013
Points:1,457,720
Joined:Mar 2004
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Message Posted: Mar 11, 2008 10:56:16 AM
well for the rich the gas cap is too much for me
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KO292
Champion Author
Twin Cities
Posts:3,094
Points:787,590
Joined:Apr 2007
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Message Posted: Mar 11, 2008 10:54:24 AM
why
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PremiumGas4Less
Champion Author
Gary
Posts:1,010
Points:284,050
Joined:Apr 2005
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Message Posted: Mar 11, 2008 10:53:21 AM
increase production.
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jck667
Sophomore Author
Connecticut
Posts:210
Points:338,600
Joined:Nov 2005
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Message Posted: Mar 11, 2008 10:53:08 AM
I read a second article on this topic this morning that estimated up to 500 new US jobs will be created by this investment. This is good news for sure.
And don't worry so much about a weak dollar, it's all relative and follows a cycle. The euro is going to be in trouble before too long - most of Europe just hasn't realized it yet. Give it a few years and it'll be cheap to go on vacation to Europe and/or buy a fine German car again.
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Ramaniac
Champion Author
St. Louis
Posts:8,043
Points:1,332,720
Joined:Sep 2005
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Message Posted: Mar 11, 2008 10:51:05 AM
The only BMW I can afford is dangling under the giant magnet.
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bluebird1
Champion Author
Toronto
Posts:8,503
Points:1,720,640
Joined:May 2004
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Message Posted: Mar 11, 2008 10:49:10 AM
Didn't ever think of hearing our cost of labour being low....also surprised they aren't upping/moving production to India or China like many manuf. are....given that it is closer than moving more to US.
Guess there are some bright spots in all the gloom.
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uncleron
Veteran Author
Dallas
Posts:480
Points:491,175
Joined:Sep 2006
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Message Posted: Mar 11, 2008 10:47:40 AM
IT SEEMS IT WILL BRING MORE JOBS HERE.
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Chazzer
Champion Author
Nevada
Posts:9,137
Points:1,934,910
Joined:May 2002
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Message Posted: Mar 11, 2008 10:45:29 AM
Ah, but exporters love the lower dollar, they can sell more at a lower price!
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JPGKC
Champion Author
Tampa
Posts:4,140
Points:763,120
Joined:Sep 2006
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Message Posted: Mar 11, 2008 10:39:33 AM
Some good from the bad but it doesn't help me and the majority of us, shore up the dollar damn it.
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Rivermedic
Veteran Author
Fort Worth
Posts:446
Points:86,160
Joined:Mar 2008
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Message Posted: Mar 11, 2008 10:38:35 AM
Great new, but I can't afford a BMW when I cant afford a 40,000+ car.
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JB1881
Champion Author
New Mexico
Posts:2,834
Points:625,110
Joined:Aug 2007
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Message Posted: Mar 11, 2008 10:38:18 AM
The fed needs to raise interst rates to incorage foriegn investment. And strenghten the dollar. Those people who borrowed to much for their homes to bad. Now I'm taking it in the shorts for them.
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nyacoub1
Champion Author
Chicago
Posts:1,165
Points:80,435
Joined:May 2007
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Message Posted: Mar 11, 2008 10:37:53 AM
So BMW is outsourcing work to America? Damn!
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joel27nc
Champion Author
Raleigh
Posts:3,306
Points:470,145
Joined:Mar 2008
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Message Posted: Mar 11, 2008 10:35:04 AM
WOW, new jobs made by the fallen dollar.
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Fencemaker
Champion Author
Pittsburgh
Posts:1,766
Points:411,925
Joined:Sep 2006
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Message Posted: Mar 11, 2008 10:33:36 AM
And if they go where labor is cheapest, they'll have to stop calling it Bavarian Motor Werks, and start calling it 'Bama Moter Werks!!!
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w4kh
Champion Author
Riverside
Posts:4,715
Points:851,070
Joined:May 2004
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Message Posted: Mar 11, 2008 10:33:32 AM
What a switch! "W" has buggered the economy so badly that US Auto workers, once the high paid lords of labor, are now putting skilled Auto workers in Germany out of work as the outsource TO the US! Who'd have thought it possible? Is this the "economic growth" W has been talking about - wrecking the dollar so we feel cheaper that the rest of the world? Screw it up some more in your last months, W, and maybe we can get back the jobs that were exported to India and China... *NOT*!
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Lonewolftx
Champion Author
Houston
Posts:6,768
Points:1,332,510
Joined:Sep 2005
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Message Posted: Mar 11, 2008 10:31:11 AM
It will all shift as time goes on. Just making short term business choices . . .
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RochBear
Champion Author
Minnesota
Posts:3,000
Points:701,330
Joined:May 2006
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Message Posted: Mar 11, 2008 10:17:51 AM
Bringing jobs to America is good news. But BMW needs to keep the UAW out of their plants. The UAW is the reason why many of our jobs have gone overseas in the first place. Stupid rules, like a tool/die maker can only make 3 changes a day. But that was true in 1970, but now with quick connects, it litterally takes 30 seconds to change a tool, but the UAW insists, only 3 per day per employee. STUPID. And the tool changer is making $30/hr. So, that's $240 to do 90 seconds of work. Even a very good lawyer/Dr. doesn't make that!
I pray more manufacturing jobs come back, and they are not union. OSHA and other Gov't have made unions obsolete.
As long as I am on my soap box, paying every machinist the same rate is wrong. Some machinists are worth their weight in gold (even with today's prices) Some machinists aren't worth their weight in the chips they make. But to pay them based on their seniority is really bad. The good ones leave, and the bad ones stay.
[Edited by: RochBear at 3/11/2008 10:21:17 AM EST]
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flatcoatfun
Champion Author
Orlando
Posts:1,073
Points:311,365
Joined:Nov 2007
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Message Posted: Mar 11, 2008 10:17:11 AM
that is interesting that the USA for once has cheaper labor!!!
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river47
Champion Author
North Dakota
Posts:1,202
Points:493,640
Joined:Aug 2005
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Message Posted: Mar 11, 2008 10:16:33 AM
This adds a twist to "Buy American". Of course, that saying doesn't mean what it used to. Supposedly, my "American" pickup has a German engine and a French transmission.
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1ply
Veteran Author
Ontario
Posts:264
Points:256,110
Joined:Aug 2005
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Message Posted: Mar 11, 2008 10:13:09 AM
Amerika - the new China.
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AC-302
Champion Author
Los Angeles
Posts:10,829
Points:1,536,080
Joined:Aug 2004
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Message Posted: Mar 11, 2008 10:12:58 AM
I hardly think the unions are destroyed. Also, workers have more legal rights than ever. In some ways, due to protective legislation, the Unions are becoming irrelevant.
But back to BMW for a second. It's interesting that they're becoming more "American-like". Germany is known for having a business-hostile climate (the worst in Europe, in fact). So yeah, I can understand them moving production away from a difficult business climate to one that is more conducive to actually producing quality goods. Despite what people say, America is still a fantastic place to produce things. We have tremendous natural wealth, and a surprisingly educated labor force upon which to draw.
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The_WB
Champion Author
Detroit
Posts:6,417
Points:694,950
Joined:Apr 2007
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Message Posted: Mar 11, 2008 10:02:42 AM
Keep cutting and who will buy the cars?
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JimL1
Champion Author
Phoenix
Posts:1,190
Points:245,270
Joined:Jul 2003
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Message Posted: Mar 11, 2008 10:01:10 AM
Surprise, Surprise, Surprise -- NOT! This rates a DUH! If the USD is worthless, then corporations will manufacture items here. If we rebuild our manufacturing base, then the USD will increase in value, and then they will move their manufacturing elsewhere. In the meantime having destroyed the unions ability to help workers defend themselves against the greedy powerfull corporate management, less USA workers will be used to do any given job and the workers pay and living standards will shrink.
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scrounger
Champion Author
Vancouver
Posts:7,100
Points:1,875,055
Joined:Mar 2003
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Message Posted: Mar 11, 2008 9:56:17 AM
bout time
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cudatim
Champion Author
San Antonio
Posts:1,104
Points:518,515
Joined:Jan 2007
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Message Posted: Mar 11, 2008 9:54:41 AM
We've been exporting enough of our jobs; it's about time for the reverse to happen.
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Road_Fever
Champion Author
West Virginia
Posts:5,493
Points:1,007,975
Joined:Jul 2006
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Message Posted: Mar 11, 2008 9:54:00 AM
Way to put money in front of humanities BMW.
Of course, the ultra-rich who buy such vehicles won't care a bit.
I bet their quality drops, too.
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drenske
Veteran Author
St. Louis
Posts:495
Points:213,010
Joined:Mar 2004
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Message Posted: Mar 11, 2008 9:52:08 AM
Sure thing.
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wolfgang_fener
Rookie Author
Montreal
Posts:4
Points:12,330
Joined:Feb 2008
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Message Posted: Mar 11, 2008 9:51:26 AM
Funny to see how some people reply to the title without even reading the whole text...just chassing points asap I guess...
Unfortunately, they certainly won't hire all the guys who lost their job at the american automakers. A single drop in an ocean of economic hell.
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Mooseman1
Champion Author
Manitoba
Posts:3,291
Points:526,380
Joined:Jul 2007
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Message Posted: Mar 11, 2008 9:45:43 AM
I guess North Americans are purchasing more beamers than Europeans are.
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BoerneWatch
Champion Author
San Antonio
Posts:7,739
Points:1,051,735
Joined:Oct 2005
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Message Posted: Mar 11, 2008 9:44:16 AM
With the Euro being worth 50% more than it was against the dollar just a few years ago, I don't blame them.
One of the not so talked about benefits of a weak dollar is that our labor becomes cheaper for European countries and it makes better international sense to produce the products we buy over here.
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Dale Jr.
Champion Author
Illinois
Posts:9,135
Points:1,834,200
Joined:May 2004
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Message Posted: Mar 11, 2008 9:42:58 AM
So true MnSwede.
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Chatmon
Rookie Author
Texas
Posts:5
Points:475
Joined:Mar 2008
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Message Posted: Mar 11, 2008 9:39:53 AM
More jobs gone out of the US nothing new
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MnSwede
Champion Author
Twin Cities
Posts:4,478
Points:795,550
Joined:Oct 2005
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Message Posted: Mar 11, 2008 9:33:08 AM
Globalization, except that this time the US benefits
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radrunner
All-Star Author
Toronto
Posts:704
Points:1,244,030
Joined:Apr 2004
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Message Posted: Mar 11, 2008 9:32:30 AM
old stuff
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tboneindc
Sophomore Author
Virginia
Posts:236
Points:48,970
Joined:Feb 2008
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Message Posted: Mar 11, 2008 9:31:49 AM
BMW = Quality not seen by american made junk
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motch6
Champion Author
Salt Lake City
Posts:3,719
Points:558,015
Joined:Mar 2004
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Message Posted: Mar 11, 2008 9:31:17 AM
Well, if this is a possiblity that they may put more money into making a better car... good for them! BUT at this point why not by a piece of junk american car cause your getting the same quality!
hmmm... something to think about!
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Gasbuddy99
Rookie Author
Georgia
Posts:10
Points:2,025
Joined:Mar 2008
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Message Posted: Mar 11, 2008 9:26:26 AM
Beamer for the price of camry
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don985
Champion Author
Denver
Posts:2,836
Points:929,265
Joined:Jul 2006
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Message Posted: Mar 11, 2008 9:26:18 AM
Old news.
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