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On July 12, 2007 those owners sold Swift & Company to JBS S.A. the largest beef processor in South America and one of the largest worldwide beef exporters, in a US$1.5 billion all-cash deal. The acquisition makes the newly consolidated JBS Swift Group the largest beef processor in the world. Prior to the deal JBS had market capitalization of US$4.2 billion and sales revenue of $2.1 billion, and operated in 23 plants in Brazil and 5 in Argentina.[2]
Yeah their full of cash, now the problem is not that the companies dont make enough money. The problem is not the cost margin but the profit margin. This american competiteve it has sold out and now thanks to globalism now the owners are brazilans.
Either way we lose.
the american company wasnt competiteve enough, with the illegal labor it was trying to stay afloat.
I wander what incentives the state government did to attract that US$1.5 billion all-cash deal?
Of course because from the start, illegal immigration has been about getting wages way down. Companies that hire illegals don't provide them benefits like health care insurance, and they benefit greatly against competitors that follow the laws. It's all about destroying the American standard of living.
We live in a global economy, whether you like it or not. If you don't like it then get the gov't to slap on high tarriffs and see what that does to our economy.
We live in a global economy, whether you like it or not. If you don't like it then get the gov't to slap on high tarriffs and see what that does to our economy.
If you haven't noticed, our global economy is collapsing before our eyes.
It won't be a global economy for too much longer. Unlimited illegal immigration with the export of most American jobs is not sustainable. We all knew it would collapse, many of us didn't realize this soon.
If you haven't noticed, our global economy is collapsing before our eyes.
It won't be a global economy for too much longer. Unlimited illegal immigration with the export of most American jobs is not sustainable. We all knew it would collapse, many of us didn't realize this soon.
Yes Malamute, the global economic crisis is because of illegal immigrants in America.
Yes Malamute, the global economic crisis is because of illegal immigrants in America.
Yes, that and of course the big export of American jobs to China and Mexico and elsewhere.
Face it -- you cannot have unlimited levels of illegal immigration when we already have the highest legal immigration numbers of any nation AND export most jobs without some effect.
The whole housing bubble was about bringing in illegals to build cheap houses that would sell for too much and subprime loans required no social security number or proof of income for a reason. You know what was going on when $300,000 houses were sold to buyers making $8 an hour housekeeping and couldn't come up with a valid social security number.
Yes, that and of course the big export of American jobs to China and Mexico and elsewhere.
Face it -- you cannot have unlimited levels of illegal immigration when we already have the highest legal immigration numbers of any nation AND export most jobs without some effect.
The whole housing bubble was about bringing in illegals to build cheap houses that would sell for too much and subprime loans required no social security number or proof of income for a reason. You know what was going on when $300,000 houses were sold to buyers making $8 an hour housekeeping and couldn't come up with a valid social security number.
How much do you know about the global economic crisis? Are you just trying to squeeze in illegals, forcing them to fit as the reason for all of this?
We live in a global economy, whether you like it or not. If you don't like it then get the gov't to slap on high tarriffs and see what that does to our economy.
Thats what I tell this folks, japan as an example no population growth rate, no immigration growth rate. What has japan done? develop taiwan, brazil, parts of mexico, even has started producing cars here in the usa.
if it wasnt for immigrants and illegals all that capital had taken course a long time ago. But I do wish they get their wish, to see who they blame next. Where a cunsomer society and consume without mercy why do you think we buy from china instead of domestic products. but oh well. A lot of people that are against immigrants is just really not understanding the picture the government are trying to provide us.
Good point by the way I like your chart.
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