Eugene David ...The One-Minute Pundit |
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Saturday, August 06, 2005
How could I have missed this? A CHARTER MEMBER of the DOW 36,000 BRIGADE unleashed a DIATRIBE against WILLIAM GREIDER, in part:
Yes, products such as Apple's iPod do add to the deficit. But WHO CARES??? NEARLY ALL THE PROFIT FROM THE IPOD, DESIGNED IN CALIFORNIA, MANUFACTURED IN CHINA, ACCRUES IN THE U.S.!!!! Out of Apple's profits come MORE JOBS AND FUTURE HIT PRODUCTS!!!!! Having recently been on the prowl for memory cards, a seller's market where one card can fit in hundreds of computers and the industry goes out of its way not to tell you (and rakes in HUGE profits when people buy the WRONG CARDS), I can safely say that practically every last computer innard comes from east Asia -- and most are likely designed there. Of course it wouldn't occur to LITTLE MALCOLM'S FEARLESS ASSISTANT that the time may come when the Asians will decide THEY DON'T NEED AMERICAN COMPANIES. Hey Karl! You ever heard of SONY? or LENNY?
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