{"id":9690,"date":"2008-11-20T04:55:10","date_gmt":"2008-11-20T04:55:10","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/a_sea_of_unwanted_imports\/"},"modified":"2008-11-20T04:55:10","modified_gmt":"2008-11-20T04:55:10","slug":"a_sea_of_unwanted_imports","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=9690","title":{"rendered":"A Sea of Unwanted Imports"},"content":{"rendered":"<p>Gleaming new Mercedes cars roll one by one out of a huge container ship here and onto a pier. Ordinarily the cars would be loaded on trucks within hours, destined for dealerships around the country. But these are not ordinary times.<\/p>\n<p>For now, the port itself is the destination. Unwelcome by dealers and buyers, thousands of cars worth tens of millions of dollars are being warehoused on increasingly crowded port property.<\/p>\n<p>And for the first time, Mercedes-Benz, Toyota, and Nissan have each asked to lease space from the port for these orphan vehicles. They are turning dozens of acres of the nation\u2019s second-largest container port into a parking lot, creating a vivid picture of a paralyzed auto business and an economy in peril.<\/p>\n<p>\u201cThis is one way to look at the economy,\u201d\u009d Art Wong, a spokesman for the port, said of the cars. \u201cAnd it scares you to death.\u201d\u009d<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2008\/11\/19\/business\/economy\/19ports.html?_r=2\">The picture at the top of the article says it all; see what you think<\/a>.<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gleaming new Mercedes cars roll one by one out of a huge container ship here and onto a pier. Ordinarily the cars would be loaded on trucks within hours, destined for dealerships around the country. But these are not ordinary<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=9690\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39,40,149,119,596],"tags":[],"class_list":["post-9690","post","type-post","status-publish","format-standard","hentry","category-culture-watch","category-economics-politics","category-economy","category-globalization","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/9690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9690"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/9690\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}