THIS is exactly why our America economy is failing due to Free Market Capitalistas

Discussion in 'Economy' started by Shogun, Nov 24, 2009.

  1. Shogun
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    China State Construction nets $100m US subway deal

    China State Construction Engineering Corp, the largest contractor in China, has bagged a subway ventilation project worth about $100 million in New York's Manhattan area, marking the construction giant's third order in the United States' infrastructure space this year.

    The contract was given to China Construction American Co, a subsidiary, the Wall Street Journal quoted a source as saying.

    "The new project, along with the $410-million Hamilton Bridge project and a $1.7-billion entertainment project it won earlier this year, signals China State Construction's ambition to tap the American construction market," said Li Zhirui, an industry analyst at First Capital Securities.

    Li, however, said the order came as no surprise as the US government is spending massively on infrastructure projects.

    The three orders only account for about 4 percent of the value of its total orders this year, Li added.

    In the first three quarters of this year, the Chinese construction giant signed more than $2 billion worth of contracts in the US market. China State Construction was also the contractor for a high school, a railway station and the Chinese embassy in the US.

    China State Construction nets $100m US subway deal
     
  2. Oddball
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    Oddball BANNED Supporting Member

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  3. The Rabbi
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    Presumably they got the contract because they offered a superior service at a better price. So the U.S. gov't is getting better value than if they had thrown it to one of the other companies. Wasting money is no way to bring prosperity.
    Not that I would expect a pea brain like you to understand the concept.
     
  4. Shogun
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    Go tell that to the AMERICANS who get to remain unemployed this holiday season while you look for reasons to cry about our economy. Tell me more about this "pea brain" thing you mention; is it some sort of jewish candy you heebs make out of goyim brains during the passover?
     
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  5. The Rabbi
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    The Rabbi Diamond Member

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    Actually how many Americans are going to be employed by the Chinese company? Certainly cheaper than importing them from China.
    Pea-brain is a term that describes what passes for your brain. It indicates a sub-normal level of intelligence and cognitive thinking that results in the boorish, stupid, venal and ignorant posts you seem compelled to write daily.
     
  6. Shogun
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    read the article, stupid. NONE are. That was kinda the point of the fucking OP.

    :rofl:

    I assure you, heeb, the last person anyone wants to take financial advice from is your Maddoff, dual citizenship ass.
     
  7. The Rabbi
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    The Rabbi Diamond Member

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    I wonder if you actually know how to read or are just having your attendant read these things to you.
     
  8. Shogun
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    I'm a little shocked that you'd take the time away from drinking goyim blood to make such a superfluous retort!


    :rofl:
     
  9. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Yeah! Give it to Unionized American workers and they'll turn that $100MM project into a $130MM project overnight!
     
  10. Shogun
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    ..yea! and maintain an AMERICAN STANDARD OF LIVING that is not being normalized with Chinese paupers! Blame Obama for a shitty economy, right! Right after making excuses to put Americans out of work...


    go figure.
     

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