free trade, kerry, & Heinze

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j
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free trade, kerry, & Heinze

#1 Postby j » Tue Jun 15, 2004 1:27 pm

Ever look at the label of a jar of Heinz sandwich slice
pickles. Yep...."Made in Mexico" Check some of your Heinz products.
"Sen. John Kerry keeps talking about U.S. corporations leaving
this country and setting up shop in foreign countries, taking thousands
of jobs with them. He is right, because that has happened. However,
he is trying to blame it on George W. Bush. As far as I know, Bush has
not moved one factory out of this country because he is not the owner of
a single factory. That cannot be said about Kerry and his wife, Teresa
Heinz-Kerry. According to the Wall Street Journal, the Kerrys own 32
factories in Europe and 18 in Asia and the Pacific. In addition, their
company, the Heinz Company, leases four factories in Europe and four
in Asia. Also, they own 27 factories in North America, some of which
are in Mexico and the Caribbean. I wonder how many hundreds of American
workers lost their jobs when these plants relocated in foreign countries. I also
wonder if the workers in Mexico and Asia are paid the same wages and
benefits as workers in the United States. Of course they're not. However, Kerry
demands that other companies that relocate should pay the same benefits they did in
the U.S. Why does he not demand this of the Heinz Company, since he is married
to the owner? If Kerry is elected, will he and his wife close all those foreign
factories and bring all those jobs back to America? Of course they won't. They're making
millions off that cheap labor.
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#2 Postby GalvestonDuck » Tue Jun 15, 2004 1:40 pm

Rush mentioned once that the way he understands it, she doesn't own it or control the company and only really holds about 4% of the shares. Also, more than half of it is sold outside the U.S. and so factories are outside the U.S. I was surprised because he was sort of standing up for them.

It didn't last. :) He was going on about Kerry's flip-flops.

I was just glad I don't have to give up liking Heinz ketchup. :wink:

Proves that Conservative talk show hosts aren't consummate manipulators. :)
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#3 Postby stormie_skies » Tue Jun 15, 2004 1:42 pm

According to the Wall Street Journal, the Kerrys own 32
factories in Europe and 18 in Asia and the Pacific. In addition, their
company, the Heinz Company, leases four factories in Europe and four
in Asia.


H. J. Heinz Company Confirms Its Widely Held Public Ownership
And Non-Partisan Status

Pittsburgh, PA, March 22, 2004 – In light of some misleading speculation, the H. J. Heinz Company would like to make clear that neither Mrs. Teresa Heinz Kerry, Senator John Kerry nor any member of their family is involved in the management or board of the H. J. Heinz Company (NYSE:HNZ). They have no involvement in the Heinz® Ketchup business or any of the company’s other brands or products.
The H. J. Heinz Company, in accordance with its corporate governance policies, is a nonpartisan organization.
Neither Mrs. Heinz Kerry nor Senator Kerry nor any of the Heinz trusts or endowments – either individually or collectively – holds a significant percentage of shares of the H. J. Heinz Company. In 1995 the Heinz Endowments and family trusts sold a large percentage of Heinz shares in a secondary share offering to diversify their holdings. As a result, their current holdings are under 4 percent.

http://www.heinz.com/jsp/presidential_statement.pdf

So given that the Kerry's have no real say in the business practices of the Heinz corporation, its pretty hard to claim that the companies business decisions reflect on them one way or another.
You said that the WSJ said they themselves owned overseas factories. If they are owned by the Kerrys and not by Heinz, then what are they used for? Are they actually producing something? I would love to see a link and some more information on this, because I haven't heard about this one before.... :roll:
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#4 Postby j » Tue Jun 15, 2004 1:52 pm

hold on....GD will find it! :)
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#5 Postby GalvestonDuck » Tue Jun 15, 2004 1:54 pm

j wrote:hold on....GD will find it! :)


Okay! :) Not questioning ya. Just confused.
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#6 Postby Lindaloo » Tue Jun 15, 2004 3:37 pm

Heck my bath cloths are "Made in Pakistan " which are purchased at Wal-Mart! :roll:
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#7 Postby GalvestonDuck » Tue Jun 15, 2004 3:42 pm

Someone please pour ice cold water on me now.

I only got one visual image from that post and it had nothing to do with Pakistanis and terry cloth.
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#8 Postby stormraiser » Tue Jun 15, 2004 3:49 pm

:eek:
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#9 Postby GalvestonDuck » Tue Jun 15, 2004 3:55 pm

Oops -- I should have thrown a :lol: and a :wink: in there.
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rainstorm

#10 Postby rainstorm » Tue Jun 15, 2004 4:43 pm

kerry shut up fast about benedict arnold ceo's as soon as he was told about heinz.
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