sjordan2 Posted February 4, 2011 Posted February 4, 2011 http://money.cnn.com/video/luxury/2011/02/04/lux_ferrari.cnnmoney/?source=cnn_bin&hpt=Sbin
Greg Cullinan Posted February 4, 2011 Posted February 4, 2011 You know the story, Rich get richer, Poor get poorer.
slantasaurus Posted February 4, 2011 Posted February 4, 2011 Ferrari owner don't live in the same world as the rest of us.
ra7c7er Posted February 4, 2011 Posted February 4, 2011 You know the story, Rich get richer, Poor get poorer. Ferrari owner don't live in the same world as the rest of us. Exactly to both of you. I highly doubt Ferrari really felt the depression anyway. the cars they were producing for the last few years had not been stellar so sales were down on that.
Harry P. Posted February 4, 2011 Posted February 4, 2011 yeah.... people who can seriously put Ferrari on their list when they're new-car shopping aren't going to let a pesky little recession cramp their style...
lordairgtar Posted February 4, 2011 Posted February 4, 2011 yeah.... people who can seriously put Ferrari on their list when they're new-car shopping aren't going to let a pesky little recession cramp their style... That's why when starting a business, you should just offer your services to the wealthy. No one ever got rich selling to the poor...well...except maybe Wal Mart.
ra7c7er Posted February 4, 2011 Posted February 4, 2011 No one ever got rich selling to the poor...well...except maybe Wal Mart. They didn't get rich selling to the poor they got rich ripping off the poor.
roadhawg Posted February 5, 2011 Posted February 5, 2011 They didn't get rich selling to the poor they got rich ripping off the poor. That wouldn't be wal Mart....that would be the states that sell lottery tickets, wouldn't it?
Harry P. Posted February 5, 2011 Posted February 5, 2011 They didn't get rich selling to the poor they got rich ripping off the poor. I don't work for Walmart (or know anyone who does)... but how does offering a wide variety of consumer goods at great prices equate to "ripping off the poor?" If anything, they're providing the poor with an array of products at a price nobody else can match! That's not ripping people off... that's doing them a favor! Unless you think the poor should shop at places like Nieman-Marcus? Like Tommy says, if anyone is ripping off the poor, it's states that sell lottery tickets. Who mostly buys lottery tickets? The people who can least afford them.
Jeff Johnston Posted February 5, 2011 Posted February 5, 2011 I don't work for Walmart (or know anyone who does)... but how does offering a wide variety of consumer goods at great prices equate to "ripping off the poor exactly...same products sold as other stores at a lower price doesn't equal ripping off on my street. I never get the Wal-Mart haters. Wal-Mart is the largest company in the worls, and its an American company that probably employs half a ba-jillion people. I love Wal Mart, and yes I bought lots of those 5 dollar kits too. So shoot me LOL
lordairgtar Posted February 5, 2011 Posted February 5, 2011 You have to remember, that to the liberal mind set, selling goods inexpensively to lower income people and making money at the same time is considered "ripping off". They believe that "the poor" should get it for free.
Racephoto1 Posted February 5, 2011 Posted February 5, 2011 Both sides are right on the Wally World issue. Yeah, they're great prices , but at the cost of the ameriacan jobs that used to make the product here. Cannon towels, Fruit of the loom, etc. It's what I'd call a twin edged sword. If you want one , you can't have the other.
lordairgtar Posted February 5, 2011 Posted February 5, 2011 (edited) Goods were already being outsourced before Wal-Mart. I try to buy US made things, but when the choice isn't available, I might shop Wal-Mart if my local store won't or doesn't carry it. I live 18 miles outside of Milwaukee, and I rarely go there. Unless I need something the shops in my town don't have. Then I tend to shop local owned businesses, like my LHS. As for jobs, my sister works at Wal-Mart and gets decent pay, bennies and all that. Blame the actual companies for outsourcing like Rival, West Bend, GE Medical Systems, the electronics makers, clothing makers, small engine manufacturers, model cars, et cetera. People will still need some of the products and buy them regardless if Wal-Mart or the local appliance, hardware, hobbyshop or clothing store sells them. There are many things that we still make here, but it's a lot of heavy machinery kinds of things. BTW, there are websites devoted to USA made goods. You can research the products yourself and make you're own decision. US things I own are: Sonic speakers New Balance shoes Ultimate speaker stands Mackie mixer amp American DJ CD player plus a lot of other things I own like Lindberg kits...US made!!! The engine in my HHR Panel truck is made in New York (truck made in Mexico), which is still better than the Turkish made Ford Transit connect. Edited February 5, 2011 by lordairgtar
sjordan2 Posted February 5, 2011 Author Posted February 5, 2011 (edited) The outsourcing of product manufacturing isn't the real issue with Walmart; that's mostly the responsibility of the manufacturers. Walmart's greatest impact has been to shut down the local independent, mom-and-pop retailers who couldn't compete with their selection and prices. How many home-grown hardware stores are left in your town? But Walmart isn't the only big-box store responsible for that. But I agree with Harry that they've been a game-changer in making products more affordable for the non-rich among us, and that's a good thing. Edited February 5, 2011 by sjordan2
lordairgtar Posted February 5, 2011 Posted February 5, 2011 The outsourcing of product manufacturing isn't the real issue with Walmart; that's mostly the responsibility of the manufacturers. Walmart's greatest impact has been to shut down the local independent, mom-and-pop retailers who couldn't compete with their selection and prices. How many home-grown hardware stores are left in your town? But Walmart isn't the only big-box store responsible for that. But I agree with Harry that they've been a game-changer in making products more affordable for the non-rich among us, and that's a good thing. Actually, since Milwaukee is close by (it's a draw for people going shopping) and Muskego has a new Wal-Mart, we have three hardware stores in our town. When I need some little widget to fix a running toilet or dripping faucet or some electrical goodies, I go to the True Value, we also have an Ace and an independent hardware shop. In fact, the Ace is building a new shop right next door to the new Wal-Mart. See, businesses of different sizes can compete and coexist in the same area. muskego is around 20,000 people. We even have a Bumper To Bumper, NAPA, and an Autozone. They are national brands but locally owned. The brands offer purchasing power for the operator. With the exception of the Autozone, they all seem to have full parking lots. We even have Kohl's here which is nationally known but is a Wisconsin owned company.
Greg Cullinan Posted February 5, 2011 Posted February 5, 2011 Walmart is evil,they are responsible for crime,famine And teenage pregnancy.
slantasaurus Posted February 5, 2011 Posted February 5, 2011 Could somebody explane to me what the last 10 post have had to do with Ferrari ??? This was a post about Ferrari wasn't it ???
roadhawg Posted February 5, 2011 Posted February 5, 2011 it's the Hannah Montana posters and the grape soda by the register, just gets people all crazy. Not to mention all them Ozzy Osbourne CDs they sell.....makin' kids go out and hang themselves.
seeker589 Posted February 5, 2011 Posted February 5, 2011 (edited) Could somebody explane to me what the last 10 post have had to do with Ferrari ??? This was a post about Ferrari wasn't it ??? The previous posts that seem to be going away from the initial post are reflecting a rising frustration with the dissapearing middle class - or the growing earnings gap. The theory that only the rich benefit from all spending is not all together true. Wal-Mart seems to be a rallying point of those concerned with questionable business practices and labor practices. Those that hate the rich have to understand that they spend the most money. Those that took part in building the cars in subject (even if it is in Italy ) benefit from the money invested by the customer. Hundreds - possibly thousands of people benefit directly and indirectly. When they buy yachts - hundreds benefit. When they build homes, condos, larger office buildings, or even country clubs - thousands benefit. When Harley's are sold - I, and the thousands that work with me at the York PA plant, benefit . When the rich (or just those with means) buy a bike, I and thousands around me benefit from my spending. When the rich stop spending money - we are all in trouble. But when a larger percentage of the US populus(the poor) - thinks they have nothing to lose - the rich will be the target. And it ain't gonna be pretty. I could go on-and-on about governing theory and ruling class insanity - but I don't have the time and Greg doesn't have the bandwidth! I'm not hating - just observing. Edited February 5, 2011 by seeker589
sjordan2 Posted February 5, 2011 Author Posted February 5, 2011 The previous posts that seem to be going away from the initial post are reflecting a rising frustration with the dissapearing middle class - or the growing earnings gap. The theory that only the rich benefit from all spending is not all together true. Wal-Mart seems to be a rallying point of those concerned with questionable business practices and labor practices. Those that hate the rich have to understand that they spend the most money. Those that took part in building the cars in subject (even if it is in Italy ) benefit from the money invested by the customer. Hundreds - possibly thousands of people benefit directly and indirectly. When they buy yachts - hundreds benefit. When they build homes, condos, larger office buildings, or even country clubs - thousands benefit. When Harley's are sold - I, and the thousands that work with me at the York PA plant, benefit . When the rich (or just those with means) buy a bike, I and thousands around me benefit from my spending. When the rich stop spending money - we are all in trouble. But when a larger percentage of the US populus(the poor) - thinks they have nothing to lose - the rich will be the target. And it ain't gonna be pretty. I could go on-and-on about governing theory and ruling class insanity - but I don't have the time and Greg doesn't have the bandwidth! I'm not hating - just observing. Beats me. I was just passing along some news I thought might be of interest, with some nice Ferrari video. But you know how things go here – you can't say anything without some kind of opinion coming back at you. For example, I mentioned something about Walmart shutting down local mom-and-pop operations, then I get a response that talks about people who are into franchises with major corporations like Ace hardware and Tru-Valu, which aren't mom-and-pop in the way they work. Oh, well.
seeker589 Posted February 6, 2011 Posted February 6, 2011 Beats me. I was just passing along some news I thought might be of interest, with some nice Ferrari video. But you know how things go here – you can't say anything without some kind of opinion coming back at you. For example, I mentioned something about Walmart shutting down local mom-and-pop operations, then I get a response that talks about people who are into franchises with major corporations like Ace hardware and Tru-Valu, which aren't mom-and-pop in the way they work. Oh, well. I get ya. I wasn't trying to hyjack the thread just making some observations. I'm glad some businesses are doing well. We need to get more money floating around the world - It's the only way we're gonna get out of this recession.
Jeff Johnston Posted February 14, 2011 Posted February 14, 2011 Goods were already being outsourced before Wal-Mart. I try to buy US made things, but when the choice isn't available, I might shop Wal-Mart if my local store won't or doesn't carry it. I live 18 miles outside of Milwaukee, and I rarely go there. Unless I need something the shops in my town don't have. Then I tend to shop local owned businesses, like my LHS. As for jobs, my sister works at Wal-Mart and gets decent pay, bennies and all that. Blame the actual companies for outsourcing like Rival, West Bend, GE Medical Systems, the electronics makers, clothing makers, small engine manufacturers, model cars, et cetera. People will still need some of the products and buy them regardless if Wal-Mart or the local appliance, hardware, hobbyshop or clothing store sells them. There are many things that we still make here, but it's a lot of heavy machinery kinds of things. BTW, there are websites devoted to USA made goods. You can research the products yourself and make you're own decision. US things I own are: Sonic speakers New Balance shoes Ultimate speaker stands Mackie mixer amp American DJ CD player plus a lot of other things I own like Lindberg kits...US made!!! The engine in my HHR Panel truck is made in New York (truck made in Mexico), which is still better than the Turkish made Ford Transit connect. I'm fairly sure GE Medical Systems does not outsource manufacturing to China or Mexico or whatever like the textile-clothing industry, model cars, etc. They do manufacture out of the US for some stuff, but thats because they bought that company and it was already where it was...France or whererever.
trogdor Posted February 14, 2011 Posted February 14, 2011 Back on topic I used to work in Greenwich Connecticut (arguably one of the wealthiest places on the east coast) People with money have their own economy. They will always purchase goods and services regardless of what's going on in our world. I used to love driving by this place http://www.millermotorcars.com/ serious drool factor on their lot
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