Will we lost wv to foreign investors? (War: loan, how much)

[x1x]

I'm wondering if we will ever lose WV to foreign investors? I see the US has a big debt to foreign investors!!!

Who America Owes | PARADE Magazine


http://www.treas.gov/tic/mfh.txt

[vec101]

We are scrambling to get foreign company's to build their plants etc in WV.
You can read it in the USAir mag article, different WV govt sites, and West Virginia Development Office - International

[x1x]

Originally Posted by vec101

We are scrambling to get foreign company's to build their plants etc in WV.
You can read it in the USAir mag article, different WV govt sites, and West Virginia Development Office - International

Thanks for the interesting article!!!! But I'm wondering does WV really need foreign company's locating here? I believe it would be better to bring back American Co's that left the US and moved their!!!

[vec101]

Originally Posted by x1x

Thanks for the interesting article!!!! But I'm wondering does WV really need foreign company's locating here? I believe it would be better to bring back American Co's that left the US and moved their!!!

Boy, isn't that the truth. However, I think we will see even more go overseas if the business environment doesn't get better.

Did you see where WV lost an $800 million coal-to-liquids plant that had been in the planning. Synthesis Energy Systems, Inc., (“SES”), took their toys and went to China instead. It was cuz of funding. Looks like China's banks are greatly reducing interest rates to entice companies there.
U.S. Coal-to-Liquid Plant Nixed, While China Bankrolls New Coal « Earth2Tech and several sources can be found about this.

I think we have reason to be very worried about China (I don't mean WV, I mean the US).

[harborlady]

I don't know how true that is (america being less favorable to business) considering financial markets have harmed economies on a global level. China tried to hold the price of gas down by subsidizing it for their citizens but it bit them in the butt. They're putting out stimulus package of their own, salaries have been increasing there-- they've got problems all their own but the web of finance connects everyone. Much harder to contain... like a fire that jumps from one ridge to another. They are our competitors, but know they're as troubled as we are- much better place to negotiate a fair deal for all.

Eyes on the summit | Deals | Reuters Whatever happens in those meetings... I'm hoping, but it's a stretch of diplomatic power. Bush has been acting reluctant to participate. (Wild guess- he can't follow through on anything for lack of time?) 6.5% unemployment favors business, and bail out is said to ease up liquidity.

Obama was saying he wanted jobs created, and lets see if that materializes to revitalized mfg in the states. We shall see.

[David Kennedy]

If I were going to build a Coal to Liquid Fuel plant, I would go where coal would not be hampered by eco-freaks, where a strong demand for the new product would keep my investment solvent for decades, a place where taxation and labor wages would be low...and most of all, if that place had a growning economy, I would feel very secure...China is the very best answer...as the USA goes down in a crack-pipe experiment, others are making money and elevating an entire people...

and about foreign investments...we have them galore...this is how our politicians safely syphon off millions...ghost employees, family on those other company boards...a little loan that disapears...it's crafty, and elite...and most of them do it....

[GottaHerdOn]

Thank the Bush administration for A LOT of that awesome debt. It makes me sick to think about how much money he wasted/borrowed that went into the war in Iraq that could have built schools, provided scholarships, built and maintained roads, funded medicare & social security, funded renewable energy sources, etc. I could go on with this list for a long, long, long time. But instead we still spent the money on that stupid war in Iraq and in the coming years still have to build and maintain our transportation systems, fund medicare, etc and just go further into debt. I thought republicans were supposed to be conservative with money. Seems like the ideologies of the parties are changing.

[Hinton Bound]

Originally Posted by GottaHerdOn

I thought republicans were supposed to be conservative with money. Seems like the ideologies of the parties are changing.

Surely, you jest? Do you really think the republicans OR demorcats are conservative with our money? Remember Herd, the Congress and Senate are, and were, controlled by Democrats, they control the money. If they were really concerned, they could have voted "NO" to appropriating funds to the war.

If you think the President has those types of control, it's time to review your Constitution. It wasn't Bush acting alone the last 8 years, don't forget that.

War is big money, and politicians are getting wealthy making us believe they are interested in ending it. There will always be another "crisis" that requires us to crank up the war machine. Keep paying you taxes... and keep believing it will be different under Obama.

[David Kennedy]

The 700 Billion Dollar Bailout is the money that would have been spent on the Iraq war and the fuel costs associated with it...call it a transfer of wealth...or printed paper..This money will disapear...no one is on board to monitor it...

Behind it will come another Bailout...it will fail too...

When a person 'has a store...they most generally have a storekeeper who 'minds the store...we have Harry Ried and Comrade Nancy...ha ha ha

and that 'Courting of Foreign Capitol? Began in earnest with Big Willy and Hilly....

Comment: War IS big money...Ross Perot flew every GI and war item to the Viet Nam War...is a Texan...Owns the largest Airport in the World...ever hear of it...ha ha ha

[Sharedspirit]

Originally Posted by David Kennedy

The 700 Billion Dollar Bailout is the money that would have been spent on the Iraq war and the fuel costs associated with it...call it a transfer of wealth...or printed paper..This money will disapear...no one is on board to monitor it...

Behind it will come another Bailout...it will fail too...

When a person 'has a store...they most generally have a storekeeper who 'minds the store...we have Harry Ried and Comrade Nancy...ha ha ha

and that 'Courting of Foreign Capitol? Began in earnest with Big Willy and Hilly....

Comment: War IS big money...Ross Perot flew every GI and war item to the Viet Nam War...is a Texan...Owns the largest Airport in the World...ever hear of it...ha ha ha

David, you are a man beyond your times. I really enjoy reading your posts. It reminds me that there is still intelligent life in the universe!