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: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:
If you really believe that, you really need to open your mind to the 21st century. We live in a global world.
There is not a single large corporation that exists without international ownership, not one.
Even if there was a Corporation totally owned by "AMERICANS", how would that benefit you or me? It wouldn't.
Why would it make any difference?
You do understand that a Corporation will fire your ass, the moment you are no longer needed, regardless of who owns it.
Corporations are in business to make a profit and with very few exceptions, that is what the owners (stock holders) expect.
That's what I expect. I don't invest with the idea of "lets make people happy" and neither do other stock holders.
If you truly believe Corporations are in business to make people happy or give people jobs, you don't live in the real world.
Hypothetically speaking, If you owned a company and decided to sell it, would you sell it to someone for less because they are
an "American"? Or, would you sell it to the one who would pay the most?
Be honest.
What about your house, wouldn't you sell it to the one who was willing to pay the most for it, if it were for sale?
:smile17: