When America no longer OWNS America

KerrMetric

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This is good not bad. Have any of the reactionary conservatives on here ever taken an economics class?

One of the major reasons over the last 6 decades for US prosperity is US investment in other nations and the reciprocal investment by other nations in the US.

This is the lifeblood (along with raw material commodities) of the global economy.

When a foreigner invests his money in your economy it is a vote of confidence and a financial benefit that truly does trickle down in the form of jobs.
 
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C

Cerberus~

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It's not about investing in our companies, it's about us shopping abroad for everything we buiy instead of here.

Yea, we tapped into the artery that is the world, and yes, goods are cheap and plentiful in this artery. But all those goods were once good that we bought from Americans, and that money stayed in America. Now we buy everything from Wal-Mart and they send it to China.

We did not get as powerful as we are buy letting foreigners invade and conquer our economy. And they have. All those manufacturing jobs that went oversees cause they could compete. By letting our business outsource and not get penalized.

We're letting the world outsource and buy everything that makes us, us. And when that happens, we've lost our sovreignty, and our power.

You can see it now with the oil, we're completely dependent on it, and we've become complacent and outsourced it to Canada, Mid East dictators and South American ********s. And we're paying 2 bucks a gallon, That's why we had to get into the first gulf war, that's why we're in a situation with Iran. Oil is their leverage, if they didn't have oil, we could just kill them without have to worry about a barrel of oil shooting up over 150$. That's why we deal with Saudi Arabia, one of the most corrupt governments in the world.

America will never fall from the outside, we are to fall from the inside. And letting China and every other nation in the world buy us from the inside out, when we're letting them buy our ports and other places of vital strategic and economic importance, it's like letting the trojan horse in.
 
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LogicChristian

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Cerberus~ said:
It's not about investing in our companies, it's about us shopping abroad for everything we buiy instead of here.

Yea, we tapped into the artery that is the world, and yes, goods are cheap and plentiful in this artery. But all those goods were once good that we bought from Americans, and that money stayed in America. Now we buy everything from Wal-Mart and they send it to China.

We did not get as powerful as we are buy letting foreigners invade and conquer our economy. And they have. All those manufacturing jobs that went oversees cause they could compete. By letting our business outsource and not get penalized.

We're letting the world outsource and buy everything that makes us, us. And when that happens, we've lost our sovreignty, and our power.

You can see it now with the oil, we're completely dependent on it, and we've become complacent and outsourced it to Canada, Mid East dictators and South American ********s. And we're paying 2 bucks a gallon, That's why we had to get into the first gulf war, that's why we're in a situation with Iran. Oil is their leverage, if they didn't have oil, we could just kill them without have to worry about a barrel of oil shooting up over 150$. That's why we deal with Saudi Arabia, one of the most corrupt governments in the world.

America will never fall from the outside, we are to fall from the inside. And letting China and every other nation in the world buy us from the inside out, when we're letting them buy our ports and other places of vital strategic and economic importance, it's like letting the trojan horse in.

The US has gained more jobs from globalization than it has lost.
 
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Donkeytron

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Pike said:
The Dubai Ports World deal is waking Americans up to a painful reality: So-called "conservatives" and "flat world" globalists have bankrupted our nation for their own bag of silver, and in the process are selling off America. Checkout these mindboggling statistics!
http://www.breakthesilence.ca/politics/Feb%2006/Ownership.htm

I'm sorry Pike, but for anyonee who knows a bit about economics, that article is vomit inducing.

Ultimately, it's not about security -- it's about money. In the multinational corporatocracy's "flat world," money trumps the national good, community concerns, labor interests, and the environment. NAFTA, CAFTA, and WTO tribunals can - and regularly do - strike down local and national laws. Thomas Paine's "Rights of Man" are replaced by Antonin Scalia's "Rights of Corporate Persons."

What does Paine have to do with anything? Do the authors of articles like this just expect us to be humbled by gouts of alphabet soup acronyms that ae supposedly running our lives? Are they trying to juice the sales of freidmans crappy book by repeatedly calling the world flat?
 
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SallyNow

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billwald said:
Now we know how the Indian People have felt for 350 years. <G>

Yup.

It's a world economy out there now. America isn't going to just get to reep the benifits without getting the drawbacks that all nations have had to face too.

Want globalization? Get it. But don't whine when you have to deal with the reality of globalization.

(what, did you think America was only going reep benifits off the backs of other nations, or did you realize that in fact it was going to end up a two-way street?)
 
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LogicChristian said:
The US has gained more jobs from globalization than it has lost.

The problem is not the number of jobs, but the quality of the jobs. The middle class is becoming obselete and this is the logical fallout from our economic model.
 
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Jipsah said:
How many people knew?

It seems that is a side issue being brought to center: American's Ignorance. I am by no means innocent, just pointing out most Americans do not realize how dependent we are on War, the investments from foreign nations, and the exploitation of foreign nations.
 
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Donkeytron

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Neverstop said:
It seems that is a side issue being brought to center: American's Ignorance. I am by no means innocent, just pointing out most Americans do not realize how dependent we are on War, the investments from foreign nations, and the exploitation of foreign nations.

Technology and free markets and a huge natural endowment of resources and a sound body of laws has nothing to do with our prosperity?
 
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Donkeytron said:
Technology and free markets and a huge natural endowment of resources and a sound body of laws has nothing to do with our prosperity?

They are on small scale compared to our Permanent War Economy, getting foreign nations to invest, and our proven habit of using either forced or poverty stricken labor to make our products.

War is what brought the US out of the Great Depression, and it is what has kept the US economically driven. Do you think it's just an accident we are ALWAYS at War with someone somewhere?
 
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Donkeytron

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Neverstop said:
They are on small scale compared to our Permanent War Economy, getting foreign nations to invest, and our proven habit of using either forced or poverty stricken labor to make our products.

War is what brought the US out of the Great Depression, and it is what has kept the US economically driven. Do you think it's just an accident we are ALWAYS at War with someone somewhere?

War does have a huge impact, but gulf wars I and II were relatively small compared to the total size of our economy. I also dont see where forced labor comes into the equation (at least since 1865). Furthermore, you understand that the united states was a net creditor until pretty recently?
 
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Donkeytron said:
War does have a huge impact, but gulf wars I and II were relatively small compared to the total size of our economy. I also dont see where forced labor comes into the equation (at least since 1865). Furthermore, you understand that the united states was a net creditor until pretty recently?

Do you know how many armed conflicts the US has been in between WWII and currently? Do you know how many War machines have been sold to other countries?

Forced labor comes into the equation through corporations like Nike, Walmart, etc.

yes, I understand Clinton left the economy in good spending shape for Bush...
 
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billwald said:
Why does it matter who techninally "owns" whatever? They still must pay taxes and can't vote

When you own something, you don't need to vote to make things happen.;)

The bigger picture is this...why would US electors, who get a LOT more money from foreign nations, make moves that would hurt them? The danger is that we have no more autonomy.
 
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KerrMetric

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Neverstop said:
The bigger picture is this...why would US electors, who get a LOT more money from foreign nations, make moves that would hurt them? The danger is that we have no more autonomy.

Look at this in the final picture. If needs be the US government could in principle just nationalise the said properties and declare them US assets. That's what Iran did with the oil fields after deposing the Shah. US oil companies were suddenly out billions of dollars in infrastructure.
 
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