| "America for Sale"
Posted: 6/22/2008 11:03:25 AM | I don't remember seeing this on CNN or the evening news from around the first part of June. From journalist Eric Weiner, LA:
"US Treasury Secretary Henry Paulson just returned from the middle east looking for investor's to bail us out. In Dubai [new homebase of Halburton while they continue their rape of the American economy and tax base] he urged the officials who run the oil emirate's $875 billion 'sovereign wealth fund' to invest in the U.S. companies. Sovereign wealth funds is a government controlled investment pool and has $3.5 trillion in assets and hold 'sway' over the world economy. They've bought into Citigroup, Merrill Lynch and other American Big banks."
I ask the readers: How much control will a theocracy, non-democratic government have over the US economy in the future? | |
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| America for Sale
Posted: 6/22/2008 11:07:36 AM | | What else would you expect from the Bush Administration. | |
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| America for Sale
Posted: 6/22/2008 11:53:56 AM | | ^^^^....Do you think this has only been going on for the last 8 years ?????......He who has the money has the power. | |
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| America for Sale
Posted: 6/22/2008 12:14:57 PM | What was it some Japanese CEO said about a quarter of a century ago? Oh yeah. "If you do not want people to buy America, do not sell it."
Plus ca change and all that.  | |
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| America for Sale
Posted: 6/22/2008 12:40:53 PM | America is not about Freedom, it's about Money.
Anything to make a buck.
U$A
"The business of American is business." - President Calvin Coolidge | |
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| America for Sale
Posted: 6/22/2008 3:57:04 PM | | Investors from all over the world buy American stocks. Foreign investment creates jobs, spurs innovations, funds research and raises the standard of living of Americans. If investors in the Middle East, the Far East and elsewhere liquidated their American investments, the United States economy would tank. | |
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| America for Sale
Posted: 6/22/2008 4:31:16 PM | Although the US is probably, ultimately, more dependent on Saudi oil (as well as oil from other suppliers as well, notably Venezuela for example), as opposed to Saudi investment, still, Saudi investment into the US economy is nothing to be taken lightly. The relationship is a strange-looking one at times, but at the end of the day they've been an ally of the US longer than Israel has. That was why 9/11's aftermath was interesting. Many were speculating that the Saudis would reallocate some or much of their petro money to other countries for reinvestment if the climate in America became unfriendly; something which America understandably didn't want and couldn't afford to have happen. This is why we saw some wealthy Saudis getting a bit different treatment than other Arab Muslims in America on (or immediately after) that day might have gotten.
It's believed by some that the 29 permanently redacted pages from the 9/11 Commission Report in fact speak to the Saudi money trail to some of the hijackers (a money trail leading to who knows HOW high in the royal family). To some extent , the use of 15 (out of 19) Saudi-born nationals as the "muscle" was a deliberately calculated maneuver by the alQaeda higher-ups who planned and financed the attack. What could be better for them than to cause strife between the US and Saudi Arabia, make the hated royal family look ridiculous and incompetent (as well as potentially malignant), expose some of their corruption, and so forth, to the Americans and the world.
Paulson was indeed in the UAE trying to reassure potential investors about the strength of the US dollar and that a perceived atmosphere of "protectionism" in the US is in fact, when push comes to shove, nothing that investor sheikhs should really trouble themselves over. (The "protectionism" they had in mind was the kind of sentiment which arose when public outcry caused the Bush admin to quickly scuttle plans to sell those ports to UAE-based corporation).
Essay on Saudi investment in America: http://www.saudi-american-forum.org/Newsletters/SAF_Essay_22.htm
From the above link,
"Saudi Arabians have allocated an estimated 60% of their global investments to the United States through passive and direct investments. This commitment has enabled the United States to finance an ongoing trade deficit and produce new economic growth opportunities.
Objections and barriers to Saudi investment in the United States are on the rise. Although most are baseless and even discriminatory, their impact could be multiplied in the current market environment. Promotion agencies across the globe are maneuvering to attract and keep foreign investment. The Kingdom's own market climate has opened and become highly attractive for Saudi investors. America must eliminate growing impediments to Saudi and other foreign investment in the United States in order to remain competitive...
Saudi Arabian investments in the United States have traditionally been a welcome counterweight to the systemic U.S. trade deficit with the Kingdom. As our demand for Saudi oil continues at 1.5 million barrels per day, U.S. service and merchandise exports revenues to the Kingdom cover nowhere near the level of expenditures for petroleum. By March of 2003, the U.S. deficit with oil-producing nations including Saudi Arabia and Venezuela grew to an all-time monthly high of U.S. $5 billion. One enabler of U.S. consumption has been the historic Saudi Arabian willingness to finance this trade deficit by investing in the United States. The Kingdom holds important levels of both foreign direct investments (FDI) and passive investments..."
Paulson woos Gulf investors: http://www.uaeinteract.com/docs/US_Treasury_Secretary_Henry_Paulson_woos_Gulf_investors/30424.htm | |
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| America for Sale
Posted: 6/22/2008 4:36:00 PM | | This has been a thorn in my side for many years...It is frightening to see how many countries own a piece of us, Saudi Arabia being one of the big ones (remember, this is the home/major breeding ground of the extreme militant Islamic movement we are seeing today)...As for KBR a once subsidiary to Haliburton (they probably still are in some fasion) moving to Dubai, what the heck is up with that!! That should send a red flag up for a lot of people! Haliburton and KBR themselves have a rather interesting history, not a postive one I may add..I will say I am a conservative, but the current administration has forced me to change from Repulican to independent...Remember the Dubai Ports issue? After a hailstorm of home gown criticism Bush finally conceded it wasn't a good idea and stopped it (in fact he said he wasn't aware of it, pathetic is all I can say...)....let us not forget that a lot of foreign money has been buying up cheap properties affected by the current mortgage meltdown....In closing I want to add construction material went up big time a few years ago, all because our own American companies were selling to China, another one of our friends lol! What are we doing to ourselves!!! Thank you for your post enigma! You are are a patriot!! | |
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| America for Sale
Posted: 6/23/2008 9:37:10 AM | Saltolibre,
I would not consider the Republican Party as "conservative". The conservative of days gone by (from my youth before Regan) we too independent to be controlled by a group such as the Fundamentalist Christians. A good measurement of that era was the commentator William Buckley . He referred to them as "a fringe group" and a detriment to the party. The Republicans were for business and independence, much like our the libertarians are now. Now they seem to be owned by a few corporations and the religious right.
The backbone of any economy is the middle class and small to midsize business. Wipe them out and --well, that's what is happening now. People like to have control over their lives. This is why Communism is a failure. No motivation.
I grew up on a diet of William Buckley, Ayn Rand, Orwell, etc.
NERO--thanks. Will check out the web site | |
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