Cytogenix (fka CYGX)

[bigworld]

scooter: The Japanese car quality is still perceived to be better, they adapt to market conditions quicker, their operations are more streamlined, and the old American car companies are hamstrung by old union rules and the costs of pension and health benefits for retirees. Before a single part is begun on a car the US Companies are $1500.00 in the hole compared to the base costs for the Japanese automakers, and that includes the Japanese plants located in the US. People vote with their dollars. Do you even see "Buy American" bumper stickers anymore? Enonomic patriotism is dead. Price and quality determine buyer's choices. For better or worse this isn't the 1950's any more. We are in an economic "war" with the rest of the world. We're desperately trying to maintain our standard of living, and the rest of the world is trying to improve theirs. There is an inevitable levelling off in motion. Our standard of living is dropping. Not for the well off, but for the middle, lower middle and lower classes. There is no question about it. I grew up in an era where one breadwinner could provide for a family of 5. How many families do you know that can do that now? With real estate costs in Chicago as high as they are, I would say 90% of families couldn't do it here. We as a nation have been keeping up the appearance of prosperity by borrowing against our homes and racking up credit card balances. But it like a "Potemkin" village. There's nothing behind the fascade. But at least we'll have our CYGX profits to fall back on...we hope.