News Focus
News Focus
Post# of 257257
Next 10
Followers 2
Posts 1107
Boards Moderated 0
Alias Born 11/10/2006

Re: DewDiligence post# 69560

Sunday, 12/07/2008 4:03:30 PM

Sunday, December 07, 2008 4:03:30 PM

Post# of 257257
<<API plants are major polluters—I doubt that any such plants could be built in the US even if some company wanted to do it. >>

Sometimes I can't tell if your irony is intentional!

There are still BP plant closings taking place, possibly not API manufacture. Well-paid jobs disappearing largely because of cheap labor opportunity offshore, but probably also mindful of the advantage of being further away from FDA quality inspections.

A freaking 5th grader could see that environmental and drug quality regs that effectively stop at the border invite just such evasion. Combine that with the legalized bribery of campaign finance by industry lobbyists and you get what we've got.

Where Real Traders Talk Markets

Join thousands of traders sharing insights, catalysts, and charts.

Join Today