RIP Cirrus

"Gatt" wrote in message
...

"Matt W. Barrow" wrote in message
...

When it comes to the ability of America, its economy and its people, we
all have $$$ at risk.

No one has $$$ at risk except investors.

How's that housing market going these days?

Those management/MBA types know everything about the economy, I'm sure.
Say, how's Citibank doing these days?

But first they should tell it to the Americans who just lost their jobs
to the communists so that handful of investors could make more money.

Which workers lost their jobs?

The ones that could have been building Cessna 162s at a domestic Cessna
factory had a handful of investors who are already making record profits
could further sell America out to communist, rival superpower who keeps
trying to steal our nuclear and military secrets, and intellectual
property.

One thing my wife, a former stock broker, tells me is the difference between
real investors and everyone else is that real investors are in it for the
long haul.

Yes, there's "record" profit (not really, but for the sake of
discussion...), but just a few years ago there were near record losses.

It can, and does, reverse quickly. Given current fuel prices, the aerospace
market can come to a grinding halt pretty quickly. How many times has
aerospace done that in the past couple decades?


Hope that clears it up a little. You can buy a $100 "Gibsum" Les Paul
out of China.

And for Cessna to build a bottom-of-the-line (excessively so) aircraft in
Kansas would be ludicrious.

An absolutely forgery of an American instrument. You can buy bootleg
movies there before the movies are released in theaters. That's because
the government doesn't do jack squat about it. They have no ethics, but
we're giving away our national industrial, technological and economical
capacity so that a few people can make even more record profits.

Do think of it as a zero-sum game.


Of course, don't be surprised if, in a few years, the world is flooded
with ultra-cheap Cezzna AirCatchers and Cessna can't find international
162 buyers anymore.

I agree with you to a great extent, see my posts about doing business in
China versus other places.