Emerson Electric

Yep, sounds about right. The Democrats can't get everybody dependent on Gov. cheese-checks if there are wealth-creating jobs available from independent business. Therefore, the Democrats must destroy businesses that they can't own or control completely. Look at the businesses the Democrats have destroyed, commandeered, stolen or driven overseas. Notice how Obama didn't have representatives from small businesses at his "Job Talk" thing. Then he blamed small businesses for not hiring more employees. What a fool! Can the Conservatives turn around this blatant power grab when they take back Congress in 2010 and the WH in 2012? American citizens are already fed up with the Democrats, I can't wait until they are tossed out.

Emerson Electric is where I bought two Syncrowave 250s for $150 each.

i

I bought a cookie yesterday, I ate it after lunch. I am proud of myself.

Considering the apparent lack of more interesting things that you have reported, you have every reason to be proud of that.

i

============ It appears to be very late in the game for any such turnaround.

It increasingly appears that the "establishment's" idea of economic recovery and development is the [re]inflation of asset bubbles rather than the [re]establishment of a solid base of high value added manufacturing.

For one thing the trained workforce has been dissipated, and for another, much of the physical plant, infrastructure and supporting businesses have been liquidated.

Even if there was the political will to again stress domestic high value added manufacturing, the workforce must be [re]trained, the plants, machines, and processes reconstructed, and the supporting businesses reconstituted.

In any event, the RINOs and neo-con/closet fascists, even with a new Republican/Conservative cost of camouflage paint won't/can't get the job done.

I bought a drill bit at Ace Hardware once. I am very proud of my accomplishment.

Wow!

What is a drill bit?

i

A spoonerism for "Bill Drit", a guy I knew in college.

I am passing on a question that I was just asked about this post.

If Emerson will not hire any Americans (" I am not going to hire anybody in the United States."), why should any American consumer or business buy a product that contains Emerson content?

TMT

********************** Why should any manufacturer care about the US markets? The rest of the world has some sane governments, friendly to manufacturing and have huge markets for manufactured goods. The US is broke, heavily in debt, with shrinking markets and rapidly becoming a third-world country. Enjoy your libtard Utopia!

Easy. Emerson products will be made by people that work and should be rewarded for working. You seem to have a very provincial mind.

Dan

my bad, I meant I bought welder from a company. I'm so proud of myself- I just have to tell everybody!

Possibly because there isn't any American company that makes the product?

I have a question for the TMT types. If Emerson moves production outside the US, because the US Government seems to be opposed to people who actually hire people and produce things, with what will they buy products which have Emerson content? Government IOUs? Food ration cards? The US is headed towards (God willing) a short term as a "soft" currency. Meaning that the US Dollar will not be a preferred currency except locally, and then maybe not even then. (I'll give an example of what having a "soft" currency means. Negotiating in the cashbah in Tangiers, the guy would not go below six dinar. Till my friend pulled out a US dollar bill - then going for four dinar at the exchange. Ended the haggling, closed the deal, everybody got the better end.)

- pyotr filipivich We will drink no whiskey before its nine. It's eight fifty eight. Close enough!

Emerson products usually are not immediately visible to a buyer of any product. I would not expect anyone to stop buying goods with Emerson products just because its CEO threw a hissy fit at some conference.

I would also expect firms like Emerson to reconsider moving their production abroad, in case if dollar continues to decline in value against other currencies and approaches a more realistic exchange rate.

i

By protecting the unions, who have caused the problem. Companies simply can't afford to pay $50.00/hr for work that's only worth $20.

Cheers! Rich

============= This seems to yet another example where the US legal structure, policy and regulations are at least a generation behind reality. I also find it hard to imagine a Japanese, Korean, Chinese, or German CEO making such a public statement.

At one time, apparently up through the mid to late 80s, a more-or-less accurate , albeit unconscious, syllogism summarized the American economy.

When American companies do well, America does well, . and when America does well, Americans do well.

About the mid to late 80s, a wave of internationalism swept through America's corporations with the result that the corporations (and indeed their officers and directors) no longer regard themselves as American corporations, but rather as international corporations that happened to be, more-or-less by historical accident, domiciled/chartered in the US.

FWIW -- this shift in corporate outlook has not stopped these "international" companies from running to the Federal government for assistance and "muscle" in trade disputes, nor has it slowed down their avid and eager sucking on the Federal tit in the slightest.

Unka George

(George McDuffee)

The past is a foreign country; they do things differently there. L. P. Hartley (1895-1972), British author. The Go-Between, Prologue (1953).

LOL They are moving to their markets. A global economy is served locally. It couldn't be otherwise. "the US Government" has nothing to do with that fact of life.

Why do you support the creation or promotion of "government" that would have you embrace a five dollar per day standard of living? Just head off to China, or Viet Nam. You are unemployed anyway. Go and do somethin'! Take Gummer with you. He's ripped of his fellows beyond his time. The both of you need skills you don't have to be worth anything as employees.

Obviously true in your case.

Paying $20.05 for work worth $20.00 is merely a slow way to ruin.

As we said in the machine shop "If the spindle ain't turning,you ain't earning."

- pyotr filipivich We will drink no whiskey before its nine. It's eight fifty eight. Close enough!

IIRC, Emerson made the Rigid brand of power tools for Homedespot and other box stores. They also make a lot of motors.

When your competition is moving to China and our current government thinks business is still the cash cow to milk, I'd have similar views.

I really hate corporate taxes, those get paid by the consumers but we the consumers don't see how those taxes empty our pockets.

This is a distinction between the Dems and the Republicans. Dems like taxing corporations so consumers don't see how it affects them. Republicans don't like taxing corporations since that is where jobs exist.

Eventually we have to pay for everything but I truly believe, the Republicans want the guy or gal working for a living to see what government is costing him. The Dems, the party of government, doesn't want you to see how the parasitic constituency empties your pocket.

Wes

-- "Additionally as a security officer, I carry a gun to protect government officials but my life isn't worth protecting at home in their eyes." Dick Anthony Heller