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Old 05-17-2012, 10:36 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,279 posts, read 54,042,790 times
Reputation: 40566

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Quote:
Originally Posted by TempesT68 View Post
That author is making some ridiculous claims to somehow spin the issue into a "bash Obama" moment
Quote:
Originally Posted by All American NYC View Post
HUH
How are companies operating in a free market manner the responsibilty of Obama?

And IF this trade were to be regulated Obama would be blamed for hindering business.



Ya gotta wonder if the right will ever come to understand you can't have your cake and eat it too?
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Old 05-17-2012, 10:38 AM
 
Location: Point Hope Alaska
4,320 posts, read 4,743,963 times
Reputation: 1146
Yes indeed - once again the media is silent about the take over of american banks by the chinese government!!

13 banks!! WoWoW THEN THEY INSIST - this will benefit the U.S.!!
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Old 05-17-2012, 10:40 AM
 
9,240 posts, read 8,635,433 times
Reputation: 2225
Quote:
Originally Posted by burdell View Post
How are companies operating in a free market manner the responsibilty of Obama?

And IF this trade were to be regulated Obama would be blamed for hindering business.



Ya gotta wonder if the right will ever come to understand you can't have your cake and eat it too?
The critical resources that are a national security threat?

I think any president that cares about his country would take this seriously.
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Old 05-17-2012, 10:42 AM
 
Location: By the sea, by the sea, by the beautiful sea
68,279 posts, read 54,042,790 times
Reputation: 40566
Quote:
Originally Posted by All American NYC View Post
The critical resources that are a national security threat?

I think any president that cares about his country would take this seriously.

I'd think any Congress, you know, where regulations originate?, that cared about the country would also, eh?

But, God forbid they step on anyone's profits
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Old 05-17-2012, 10:44 AM
 
Location: Bliss Township, Michigan
6,424 posts, read 13,171,241 times
Reputation: 6902
Quote:
Originally Posted by SityData View Post
Yes indeed - once again the media is silent about the take over of american banks by the chinese government!!

13 banks!! WoWoW THEN THEY INSIST - this will benefit the U.S.!!
Another misleading headline. They are Hong Kong based banks with only branches here in the US. Who cares?

Last edited by Nephler; 05-17-2012 at 10:52 AM..
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Old 05-17-2012, 10:52 AM
 
Location: Maryland about 20 miles NW of DC
6,105 posts, read 5,965,170 times
Reputation: 2479
Quote:
Originally Posted by All American NYC View Post
I see something very wrong with all this, but regretfully the
author is not asking why things are going wrong in the US.


Ask yourself, we have a humongus trade deficit with China so what do we really have that the Chinese want to buy? Food, Fuel and maybe some defense technology, but nut much else. What else really! In the 21st century Chinese based world economy, we may have the same role as the Latin Americans or Africans had in the economy we ran or my British forebarrers. So remember chop chop when you get your orders in Mandarin!
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Old 05-17-2012, 11:59 AM
 
Location: Beautiful Niagara Falls ON.
10,016 posts, read 12,524,662 times
Reputation: 9030
Quote:
Originally Posted by All American NYC View Post
The critical resources that are a national security threat?

I think any president that cares about his country would take this seriously.
You just are not thinking straight. When foreign concerns buy resourses that are in the ground it in no way at all hinders the sovereignity of the host country. I used to reply to critics of the Chinese buying up land in Canada. "They can't take it home with them, can they"? The oil business is international in it's makeup. Do you think there is one iota of difference between Shell, BP or the Chinese operating in the USA? They are under the same regulations, pay the same royalties and taxes and employ the same number of American workers. Like I said in a previous post, there are times when a country does not allow foreign investments or takeovers and this action has to be done for very good reasons. For example, I doubt very much if a foreign business would be allowed to buy a large defence contractor. If the reasons are not good for disallowing investments it will have the effect of drying up ALL investment in the country. Foreign investments are a win win for the host country if managed properly. They expand your economy with $$$$$ that domestic investors either won't spend or do not have to invest. The purchases create a capital pool that can be used to develop something completely different.

You Americans have been investing in foreign countries for ever. How could you possibly think that what's good for the goose is not good for the gander? Canada can thank it's lucky stars that Americans thought enough of this country to invest in thousands of enterprises here. Our country would not be near what it is without those $$$$.

Because a country is sovereign on it's own territory it has near total control over all foreign operators. If, for instance a foreign operator begins to do things that are against the interests of the state, action can and many times has been taken. The enterprise can be purchased by the state for a fair market value. That's the best outcome for the foreign operator. They can be regulated out of business with no recourse. When Canada socialized healthcare, all the American insurance companies that had been in business here for many decades were just finished with no compensation at all. The market for their product was eliminated by law.
There are thousands of ways to manage foreign investments for the benefit of the host country. If you are not a third world country that has no structure to manage foreign investments you have very little to worry about. The biggest worry here in Canada has always been that because of over regulation that foreigners might NOT invest their billions here.
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Old 05-17-2012, 12:05 PM
 
12,282 posts, read 13,168,742 times
Reputation: 4985
Quote:
Originally Posted by Nephler View Post
Another misleading headline. They are Hong Kong based banks with only branches here in the US. Who cares?
He doesn't check out what he pots before he posts. Anything to bash the dems or Obama, whether true or not.
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Old 05-17-2012, 12:11 PM
 
Location: Gone
25,231 posts, read 16,856,328 times
Reputation: 5932
Quote:
Originally Posted by All American NYC View Post
I see something very wrong with all this, but regretfully the
author is not asking why things are going wrong in the US.
So you have no problem wth the Oil Companies but instead blame President Obama, typical right-wing partisan thinking. So yes, I see something very wrong with your selective outrage.
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Old 05-17-2012, 12:13 PM
 
9,240 posts, read 8,635,433 times
Reputation: 2225
Quote:
Originally Posted by burdell View Post
I'd think any Congress, you know, where regulations originate?, that cared about the country would also, eh?

But, God forbid they step on anyone's profits
Our president is the leader. He already has bypass congress on many issues.
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