RIP Cirrus
Rich Ahrens wrote:
is the majority owner of Cirrus" was true.
You misunderstood. It's absolutely true that Crescent Capital (now
renamed Arcapita) bought a majority stake in 2001. They also bought
controlling interest in Caribou Coffee, another Minnesota business.
No, what I'm mocking is the kind of xenophobic crap in the Skycatcher
thread: "No way am I buying any aeroplane built by them heathen
Chinee..." I expect similar ranting about Cirrus. All that profit
going to...who???
There is a big difference in the two situations. Actually there are several
but one is important.
In the case of the Skycatcher you have a US company moving jobs to a country
that is, to use your own word, heathen by any definition you can find, and
has a history of providing less than quality products.
On the Cirrus side you have a foreign country, that while the religion it
follows is generally anti US, has a long an productive relationship with the
west and the US in particular. And even if you hate everything they stand
for at least they are sending some of the money back to the US that we sent
over there.
What it boils down to is money into the US=Good. Money out of the US=Bad.
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