America for Sale | Clipmarks


	America for Sale

NonStatQuo

4-7-2008 8:40 AM

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tags:

economy, wrong, politics

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/4b78cf8f-39d8-48b2-ab99-f4a773607d33/3DF80822-EABB-4833-B873-FFF1477AEEE9/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2008/04/07/business/07sale.html?ex=1365307200&en=417c927984c7e2c9&ei=5088&partner=rssnyt&emc=rss" href="http://www.nytimes.com/2008/04/07/business/07sale.html?ex=1365307200&en=417c927984c7e2c9&ei=5088&partner=rssnyt&emc=rss" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/04/07/business/07sale.html?ex=1365307200&en=417c927984c7e2c9&ei=5088&partner=rssnyt&emc=rss"><NYT_KICKER _moz-userdefined="">America for Sale</NYT_KICKER></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/04/07/business/07sale.html?ex=1365307200&en=417c927984c7e2c9&ei=5088&partner=rssnyt&emc=rss"><NYT_HEADLINE _moz-userdefined="" type=" " version="1.0">
When Foreigners Buy Factories: 2 Towns, 2 Outcomes
</NYT_HEADLINE></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/04/07/business/07sale.html?ex=1365307200&en=417c927984c7e2c9&ei=5088&partner=rssnyt&emc=rss"><P>The company, Electrolux, sent production to Mexico, eliminating 2,700 jobs from a town of 8,000 people.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/04/07/business/07sale.html?ex=1365307200&en=417c927984c7e2c9&ei=5088&partner=rssnyt&emc=rss"><P>“Everybody talks about Electrolux around here the way the rest of the country talks about Katrina,” said Becky Gebhart, manager of a nonprofit medical clinic that opened last November in Greenville, 30 miles northeast of Grand Rapids, that serves people with little or no health insurance.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/04/07/business/07sale.html?ex=1365307200&en=417c927984c7e2c9&ei=5088&partner=rssnyt&emc=rss"><P>And with the dollar losing much value in recent years, the pace is picking up again, as some of the country’s most valuable assets go on the block at bargain-basement prices. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/04/07/business/07sale.html?ex=1365307200&en=417c927984c7e2c9&ei=5088&partner=rssnyt&emc=rss"><P>“They said, ‘There is nothing you can do to compensate for the fact that we are able to pay $1.57 an hour in Mexico,’ ” Ms. Granholm recalled during a recent interview. “That’s when I started to say, ‘Nafta and Cafta have given us the shafta,’ ” she added, using the acronyms for the North American and Central American free trade agreements.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/3DF80822-EABB-4833-B873-FFF1477AEEE9/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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