America's new owners ...
Not entirely true, but Communist China will be the majority shareholder ... OPEC shall have the remainder. There is a very good possibility this will happen if we allow Communist China to intervene and bailout American auto companies by purchasing them.
Let's look at this. We see a lot of advertisement for a company called HSBC, which is not only the largest bank in the world, but also the largest company in the world. They are the largest consumer lender in the United States and Canada, so there is a good chance they own a piece of you if you are in debt. You are definitely in debt if you pay taxes to the US government, because HSBC is providing most of the money for the Wall Street giveaway that we taxpayers must pay back! What exactly do the initials HSBC stand for? How about The Hongkong and Shanghai Banking Corporation! Where are Hongkong and Shanghai located? In Communist China of course!
The Republicans used scare tactics to get George W. Bush elected in 2004, even though the fears were unfounded. Folks, if you are going to fear, now is the time. This selling of America to Communist China is happening, and it will continue to happen if we allow it. Americans must bailout the car makers. Canadians too must help. Last I heard, there are automobile production and auto parts production factories in Canada, so you good folks need to be heard by your government. The hell of it is, we all have to borrow from foreign nations to be able to do this. The price of democracy is expensive, especially when we must pay tribute money to insure its existence. That is what an unfair and unbalanced "free market" economy has given us.
Don't think for a moment that domestic auto makers are the the only ones in dire straights. I read yesterday that Japan's Toyota is petitioning the English Parliament for bailout funding.
Actually, anyway we go appears to weaken us and strengthen Communist China, but we cannot allow our last, great industries—the very ones that have defined the American dream for a full century—fail or be owned by a Communist government! We can borrow from them and promise to pay them back, but that doesn't mean we have to pay what they want and when they want it!
North America isn't going to get many more wake up calls; the dead—whether it be people or nations—cannot be reanimated!
2 comments:
There are no more easy answers. The one thing we need to fix is the amount of goods produced here. We need to make more goods that the world needs to function.
we also need to impose restrictive trade policies against countries who do not let the untied Stated trade fairly in their country.
We also need to look at CAFTA, NAFTA and other trade agreements. I think many of them ultimatley are very poorly thought through and end up doing more harm than good.
We need to start flexing some muscle in the manufacturing and business world and stop kwotowing to the rest of the world. I makes us look bad and lose respect.
I am beginning to worry that there aren't any answers, Mark. The car companies don't really seem to care about consumers and tax payers, our elected officials—both old and new—are so full of shit and themselves that they don't really care that they were elected to serve us, and the people seem to be staying blissfully ignorant.
If I wasn't so damn old, I'd emigrate to Australia's outback and forget it all!
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