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Old 02-15-2009, 05:30 AM   #14
BigBo
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And speaking of raw materials, it's because of corporate greed that the big 3 American auto makers have to buy much, if not most of the raw materials and sub-components to build American cars. They took full advantage of NAFTA and outsourced (as in outside of the US) so much and it's now biting them in the ass. Most of those suppliers locked themselves in with ironclad contracts so that if GM (just for example) decided to buy, say raw metal as another example, from a US supplier instead of the foreign supplier in the contract, they stand to get their asses sued big time.

The future ain't what it used to be. --Yogi Berra
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