WHAT IF?

I remember the day when the standard of living would rise modestly every year. That was also the time when no one would mess with an American tourist just because they may or may not have gone 10 foot this way or that way.

There was a news item recently that Lockheed Martin might be selling 60 billion dollars worth of planes to Saudi Arabia. We have very few major defense companies. It is only a matter of time when free shareholder owned companies decide to go elsewhere because it is obvious the markets from the rest of the world are so much bigger than America’s and probably more profitable. We will then lose control of our premier defense companies.

I remember meeting the Chief Financial Officer of US Steel many years ago. He boldly stated “We are US Steel – nothing can touch us.” Stay tuned…