America selling piece by piece!

Patchman

Patchman

Administrator
Staff member
:smile15:
This has to stop!
http://www.pressherald.com/news/Jim_Beam_to_be_acquired_by_Japanese_beverage_company.html
 
J

jimsplace

Active member
Out of curiosity, why does it make any difference who buys it.
It's a publicly traded stock that you or I can buy if we want.
It isn't like they're going to move the factory overseas.  It will stay near where the
the grain is located.

I don't drink it, so I don't care, but I'm not sure what the concern is.
    :smile21:
 
S

scarabscs

New member
Its just the principle of the situation..... Kind of like how the Canadians would feel if the US Purchased the Crown Royal factory LMAO 
 
J

jimsplace

Active member
But, Japan is not buying Jim Beam.
A company in Japan is.
I hate to be the bearer of bad news, but Crown Royal  is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO)
under the name DIAGEO.
DIAGO also acquired SEGRAMS in 2001.
Diago is registered in England and Wales, not Canada.

You can be a part owner of Crown Royal, if you wish.
and you can still be a part owner of Jim Beam too.

This is part of the World Wide Economy thing.
We don't know who owns what for the most part, nor in most cases does it matter.
Most of us live and work for a paycheck and it doesn't really matter who owns the company as long as we get paid.  IMO
    :smile13:
 
Patchman

Patchman

Administrator
Staff member
jimsplace said:
But, Japan is not buying Jim Beam.
A company in Japan is.
I hate to be the bearer of bad news, but Crown Royal  is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO)
under the name DIAGEO.
DIAGO also acquired SEGRAMS in 2001.
Diago is registered in England and Wales, not Canada.

You can be a part owner of Crown Royal, if you wish.
and you can still be a part owner of Jim Beam too.

This is part of the World Wide Economy thing.
We don't know who owns what for the most part, nor in most cases does it matter.
Most of us live and work for a paycheck and it doesn't really matter who owns the company as long as we get paid.  IMO
    :smile13:
Click to expand...
And this is the very reason this country is going down the toilet! That type of mentality will be the death of this once proud super power of a nation! Now we don't manufacture, we just buy. We are the fat pig of the world and are always looking for the easy way and cheapest price. Who owns it is important! That's where the bulk of the profit will rest. Now it will rest in foreign hands. You wouldn't have typed that line in the 50's, so what makes it OK today? We were a strong nation back then, from what I read in the history books. If people would still  preach that being financially independent was the way to be, instead of glorifying how the world is today and that credit is a good thing. Maybe this country could regain it's strength and place in the global economy. I feel that all we are doing is watching the formation of monopolies! It will just be that much harder on the future generations to crawl out of this hole we are digging! There is no bright future on our current path! Just my $.02 worth. :smile30:
 
Devilman

Devilman

Well-known member
Patchman said:
And this is the very reason this country is going down the toilet! That type of mentality will be the death of this once proud super power of a nation! Now we don't manufacture, we just buy. We are the fat pig of the world and are always looking for the easy way and cheapest price. Who owns it is important! That's where the bulk of the profit will rest. Now it will rest in foreign hands. You wouldn't have typed that line in the 50's, so what makes it OK today? We were a strong nation back then, from what I read in the history books. If people would still  preach that being financially independent was the way to be, instead of glorifying how the world is today and that credit is a good thing. Maybe this country could regain it's strength and place in the global economy. I feel that all we are doing is watching the formation of monopolies! It will just be that much harder on the future generations to crawl out of this hole we are digging! There is no bright future on our current path! Just my $.02 worth. :smile30:
Click to expand...

Good words Patch.
 
K

KONA77

New member
damn can't believe I'm saying this,  but I agree with Patch  :smile26:  the truth has been spoken....  Patch must be a true Conservative  jump.gif clap.gif
 
Crusader

Crusader

Moderator
Patchman said:
jimsplace said:
But, Japan is not buying Jim Beam.
A company in Japan is.
I hate to be the bearer of bad news, but Crown Royal  is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO)
under the name DIAGEO.
DIAGO also acquired SEGRAMS in 2001.
Diago is registered in England and Wales, not Canada.

You can be a part owner of Crown Royal, if you wish.
and you can still be a part owner of Jim Beam too.

This is part of the World Wide Economy thing.
We don't know who owns what for the most part, nor in most cases does it matter.
Most of us live and work for a paycheck and it doesn't really matter who owns the company as long as we get paid.  IMO
    :smile13:
Click to expand...
And this is the very reason this country is going down the toilet! That type of mentality will be the death of this once proud super power of a nation! Now we don't manufacture, we just buy. We are the fat pig of the world and are always looking for the easy way and cheapest price. Who owns it is important! That's where the bulk of the profit will rest. Now it will rest in foreign hands. You wouldn't have typed that line in the 50's, so what makes it OK today? We were a strong nation back then, from what I read in the history books. If people would still  preach that being financially independent was the way to be, instead of glorifying how the world is today and that credit is a good thing. Maybe this country could regain it's strength and place in the global economy. I feel that all we are doing is watching the formation of monopolies! It will just be that much harder on the future generations to crawl out of this hole we are digging! There is no bright future on our current path! Just my $.02 worth. :smile30:
Click to expand...

Well said brother!!!!!
 
Patchman

Patchman

Administrator
Staff member
KONA said:
I think patch is one of the those guys that goes both ways  :smile20:
Click to expand...
If you thought that, then why do you invite me over to your house? :smile20:
 
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