|To the Editor: Global market has helped U.S.|
|Written by Nathan Eberly|
|Wednesday, 30 December 2009 08:27|
I am writing in response to theÂ letter about the mayor riding in a Mazda convertible in this years' Bowling Green Holiday Parade, and how it was a shame he wasn't riding in a USA "brand" automobile such as Ford, GM or Chrysler.
I can understand the concerns, especially in this economic climate with job losses as well as continued prospect for further economic troubles. However,Â it is important to remember a few quick points.
First, Ford had a significant stake in Mazda for some time, until recently selling off shares. Secondly, in a global market, foreign companies operate across borders, including Japanese and Korean companies who have built facilities and created jobs in this country, and this state. Third, that GM as well as Chrysler (once Daimler-Chrysler) has been heavily owned by foreign companies. And GM continues to sell off its segments to overseas investors.
In today's economy it is important to remember we are a global community, and we shouldn't worry if the company is American or Korean. Companies from around the world have helped create jobs in the U.S., and with continued investment will create more, just as American companies have helped create jobs overseas.
Further, the freedoms that veterans fought for are freedoms not only we enjoy, but those countries they helped liberate also get to enjoy. Veterans allowed democracy to be spread across the world, and as such we all benefit.
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