Homestead mailing list

[Gene GeRue <genegerue AT ruralize.com>]

>
One more thing and I am done with this for today:

One of my Phoenix real estate clients was the CEO and co-owner of a  
steel extrusion manufacturing business headquartered in Michigan. He  
also had two other plants, the one in Phoenix being why he wanted a  
condo there for use by various company officials.

At the time I was working with him, PJ was traveling to China on a  
regular basis. He was hoping to open a manufacturing plant there for  
various economic reasons, steel out of Australia being one. I am no  
longer in touch with him but I suspect that by now he has a  
manufacturing plant there. So the plant workers are there, but profits  
are coming to America and partially paying his and other managers'  
salaries. And if they manufacture some specialty item there that gets  
shipped here, then of course it will show as "Made in China."

In this global economy, there are considerations about which most of  
us are completely ignorant. And that certainly includes me. Seems to  
me we are being manipulated by politicians and media. The truth, ah,  
the truth . . . .