10 foreign-owned 'American' brands

Each of these products, buildings or businesses is rooted in the United States and has become a part of the common cultural fabric.

 of 12
 of 12

VIDEO ON MSN MONEY

138Comments
Nov 3, 2012 3:21AM
avatar
Sad sad cause we teach the rest of the world how to come back and get us where it hurts the most....... do we need Unions


Oct 23, 2012 9:27AM
avatar

If corporate bigwigs would stop paying themselves such obscene salaries and mind boggling bonuses, maybe then they could afford to pay American workers decent wages and we would still be able to honestly and proudly say "MADE IN AMERICA"!  It's shameful that these companies couldn't show a profit & growth for us but apparently can for foreign executives. John Hancock must be SPINNING in his grave-SHAME ON ALL OF THE  'POWERS THAT BE' for selling us out. 

Oct 22, 2012 12:35AM
avatar

All ten brands are owned by Europeans and Japanese, not Chinese. However, China is actually the biggest creditor to America. That s because America has been a consumer country in the past 30 years and we have been buying more than selling to all the producing countries, including  Taiwan and Japan in the 80s and now China. As these producing countries earning more USD, they are investing their dollars in US government backed treasure bills and name brand US assets. Is it better or worse? It s matter of facts as we lived in a globle economy. Not until we becoming a producing country, there will be more debt to the foreign countries and more US assets to be bought by the foreign countries..

Oct 20, 2012 1:19PM
avatar
Jobs went overseas because you weren't willing to work for $2 an hour.  Are you willing to work for that wage now?
Oct 19, 2012 4:43PM
avatar
How could they leave off Chrysler itself, which hasn't been american owned for some time - first bought and destroyed by Daimler-Benz, and now owned by Fiat, of Italy.
Oct 18, 2012 8:43PM
avatar
this is common in this new world, world is becoming smaller and smaller.
the fund and people can go everywhere if there is profit.
otherwise the company will not have lively life, it will die in silently.


Oct 17, 2012 3:15PM
avatar
America, sold out by Romney and Republicans.

Outsource Republicans to China instead of letting Romney outsource our jobs.

Oct 17, 2012 3:13PM
avatar
Harley-Davidson is outsourcing to China.

Chinese Iron?

Mitt Romney/Republican job outsourcing is UNPATRIOTIC and UNAMERICAN.

Muli-national corporations that Romney loves, threaten the sovereignty of our nation.

Corporations practice the economic system of Mussolini Fascism.



Oct 17, 2012 12:10PM
avatar
The saddest truth yes, America sold out by "AMERICANS" and making obscene amounts of money.
Oct 17, 2012 8:54AM
avatar
Olanmills, don't waste your time.  It's in style to slander the US because things cost more than they used to and there are fewer mindless manufacturing jobs that people don't even want to work at.

Nevermind the fact that we still produce jet engines and airplanes, cars, nuclear plants, software, oil, gas, and many more high-tech manufacturing products.

You're beating your head against the wall and you'll get thumbed-down.  Instead, you can post a comment as simple as, "America is going down the tubes!" and you'll reap the thumbs-up karma.
Oct 17, 2012 1:56AM
avatar
Apple with its 700K foeign workers can not be considered American!
Oct 17, 2012 1:41AM
avatar

I'm sure there will be many more short sighted comments like MyDogandI's.

This is how capitalism works.

There are many American companies that own foreign businesses too.

 

The biggest myth people believe about the economy and why it is worse sometimes than others is that "we don't make anything in America any more", which just isn't true.

 

I think it has to do with what people can see with their own eyes, proverbially speaking. People see that China and other countries do a lot of manufacturing and they see the physical products we buy with the foreign made labels.

 

However, America produces a lot of things, only most of these things aren't as easy to "see with your own eyes". For instance, many of the products you buy were conceived and created in America, even if they aren't physically manufactured here. We produce a lot of technology in many sectors, but one of the biggest is software. Also, American entertainment, like movies, TV shows, books, comics, and video games, are consumed all over the world.

 

If America "doesn't make anything anymore", then we would be in way more debt than we are now. We're in debt because we are spending too much (well having some debt is okay), not because we're not selling enough things.

Now I admit, having so much manufacturing outside of the country does have an effect. It means that there are less blue collar jobs available and more white collar/grey collar jobs available. This means it's tougher for people without the skills for a white/grey collar job to find "good" jobs, but saying that we don't make anything anymore is very misguided.

Oct 17, 2012 1:18AM
avatar
Anybody that wonders what is wrong with America's economy should read this. It's almost treasonous.
Report
Please help us to maintain a healthy and vibrant community by reporting any illegal or inappropriate behavior. If you believe a message violates theCode of Conductplease use this form to notify the moderators. They will investigate your report and take appropriate action. If necessary, they report all illegal activity to the proper authorities.
Categories
100 character limit
Are you sure you want to delete this comment?

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

MARKET UPDATE

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
Market index data delayed by 15 minutes

[BRIEFING.COM] S&P futures vs fair value: +2.00. Nasdaq futures vs fair value: +7.30. As the opening bell draws closer, the S&P futures market is attempting to cling to a small gain that would keep the cash market on course for a slightly higher open.

There might be some wait-and-see action in the stock market as traders returning from vacation aim to get a feel for things by watching the tape for a bit.  That point notwithstanding, there is plenty of activity already ... More


Currencies

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.