Boeing going Chinese

[Brooke]

I wonder if the US is the leading consumer of tinfoil yet...

Does this apply to my comment on China stealing tech?

[Delirium]

I hope not, Brooke. Your comment was completely accurate!

I'd say I'd sooner believe that movie of yours 'Final Countdown' happened than believe the Chinese aren't stealing.

[jeep00]

Does this apply to my comment on China stealing tech?

No, that is actually quite accurate, though it is also broadly accurate because their us not one nation on this earth that would not steal whatever information available to give them a leg up.

[rpm]

Still no word on how many American jobs this will cost?

[Ripsnort]

Still no word on how many American jobs this will cost?

Current or future?

Current. 0.

I'd rather see Boeing remain competitive and earn $$ than not and lose money, lose jobs.

[zack1234]

No word on how many American jobs were eliminated or how passengers will know if they are flying on a Chinese 737.

I like chinese takeaways.

Why dont you vote in the next elections to stop Americans losing jobs, in fact why dont you vote 5 days a week

I thought China was determined to destroy the yanky imperialists?

Dont you think you should get out your pitch forks?

By the way i dont remember any so called highly educated aircraft engineer doing me any favours

Clowns like me will always be able to do crap jobs do get by, because i live within my
Means.

Its all in that book written in 1870's that envokes a immediate ban

Colonials crying is very funny MAN UP! And take the pain

The only ones who can be anoyed are those who fought in korea or vietnam

[Ripsnort]

I like chinese takeaways.

Why dont you vote in the next elections to stop Americans losing jobs, in fact why dont you vote 5 days a week

I thought China was determined to destroy the yanky imperialists?

Dont you think you should get out your pitch forks?

By the way i dont remember any so called highly educated aircraft engineer doing me any favours

Clowns like me will always be able to do crap jobs do get by, because i live within my
Means.

Its all in that book written in 1870's that envokes a immediate ban

Colonials crying is very funny MAN UP! And take the pain

The only ones who can be anoyed are those who fought in korea or vietnam

[rpm]

Current or future?

Current. 0.

I'd rather see Boeing remain competitive and earn $$ than not and lose money, lose jobs.

They will become increasingly competitive and profitable with every American job they cut.

[FLOOB]

Guess who won't be buying anymore boeings. This guy!

[PJ_Godzilla]

I told you all this last month even before news was released

I'm assuming you sold just before the announcement to catch the pre-announcement run-up "leakage", then called an uninformed stockholder friend just before the announcement and left him a voice message that sounded uncannily like a flushing toilet.

Let me check: did it dump or go up after the announcement? Well, scheisse howdy, guess I nailed it.

[Brooke]

Guess who won't be buying anymore boeings. This guy!

  

I went to the Boeing tour recently at the giant hangar complex where they assemble 747's, 787's, etc. (many of them at once, all in one building).  It was awesome.  The guide (after talking to us about a 747 costing about $400 million) showed us a 747 on the line and told us that it was bought as a birthday present for a teenage girl whose brother recently got one for his 18th birthday by a father who already has one.  None of us had to guess where that family was from.  I thought that it was hilarious.  It brought to mind the book "Why Nations Fail", by Acemoglu and Robinson, and its discussions of governments that coercively extract the wealth of their populace to enrich a tiny portion of the rulers.

I love Boeing.  I don't want them to get ripped off, but I will assume that they know what they are doing.

[Brooke]

No, that is actually quite accurate, though it is also broadly accurate because their us not one nation on this earth that would not steal whatever information available to give them a leg up.

It's true that companies have to be worried about theft anywhere, but there are regions where it is state sponsored, heavily pursued by people very capable of doing it and utilizing the results, and where courts are not on your side (the former Soviet Union and currently China) where the risk therefore is gigantically greater than most places.

[Ripsnort]

They will become increasingly competitive and profitable with every American job they cut.

Have they cut any American jobs due to this announcement? If so, show us.

[Busher]

It's great to build stuff in China.  Not only does China get paid for the work, but they get to steal all of the technology and trade-secret knowledge as a free additional benefit.  It's win-win!

Trust me...after more than 30 years in these things, there isn't any technology in a 737 that's worth stealing.

[Ratsy]

It cracks me up how assuming the uninformed are.

Yes it is a pain in the butt, however there is larger issue here isn't there?

That would be the potential loss of more jobs here in the United States.  It drives a lot of commentary and opinions behind the headlines. 

Global economies are scary to some of us.  And while we might not understand the economics of the 'greater good', we do understand that a large number of baby boomers and new job holders alike were driven out of their jobs because businesses (the basic unit of the global economy) moved the jobs to other countries.  It was never dramatic...just a few jobs here and there...but over time it equated to many jobs and unemployment in numbers not seen since the 1930's.

While this might not be the case with the Boeing plan, and I trust that you know more than I do, Rip,  it might be very confusing to the craftsmen at Boeing or their sub-contractors that have done that work in the past.  My first reaction, I confess, was negative.  I'm tired of global marketing driving bad behavior (bad because it is not good for our country in the long run).

If our multi-national companies are driving behavior detrimental to the well-being of the citizens of our own country then you can accuse me of having a nationalist sentiment.  If it's not good for our country as a priority, then it simply isn't any good.  If we don't take care of ourselves, who will?  I know that's not a popular notion with some but, well, that's the way I see it.  Milo Minderbinder was fictional character wasn't he?  Ummm.  These days, I'm not so sure.

With respect.