Thursday, April 8, 2010

ADDING INSULT TO INJURY

Plans for China to build high speed rail links in California are afoot. So much for rail stimulis and American know-how....More like American "know nuttin" as Dick Fuld would say.
(Read about it here)
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3 comments:

  1. nswfmApril 8, 2010 at 1:14 PM

    I'm predicting a bunch of BS on this part:
    According to G.E., the agreement calls for at least 80 percent of the components of any locomotives and system control gear to come from American suppliers, and labor-intensive final assembly would be done in the United States for the American market. China would license its technology and supply engineers as well as up to 20 percent of the components.

    All kinds of things say "made in America" that are not really made in the US.

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  2. williambanzai7April 8, 2010 at 5:54 PM

    China licensing its engineers to us...These are words we should all get familiar with.

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  3. nswfmApril 9, 2010 at 12:28 PM

    As someone who's got an undergraduate degree in engineering from one of the leading universities in the world, I saw this could happen in the 1980s. In my major, 50% of my classes were Asian students.

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