That's Just Wrong
l, not -l wrote:
> On 12-Jun-2008, Nancy2 > wrote:
>
>> I don't think any non-USA entity should be allowed to buy any US land,
>> companies or any other kind of property within the boundaries of the
>> U.S. But I'm sure I'm one of the few who feel like that. I think
>> it's just wrong that the Japanese, for example, own huge chunks of
>> U.S. real estate.
>>
>> N.
>
> What would you have them do with the money we keep sending them every year?
> The only way to sustain a deficit in foreign trade the way we have, and will
> continue to do, is if the money that goes for all those cheap shoes,
> handbags, clothes, electronics, fruit, tainted pet food, etc. comes back as
> loans and investments. Sustain until we have nothing left to sell, that
> is; look at all the old-line brands currently owned by Nestle (hundreds of
> brands, such as Purina, Carnation, Stouffer's...) , ElectroLux
> (Westinghouse, Frigidaire, Eureka), et al. We mortgaged American
> businesses a long time ago to pay for all the crap sitting in the
> basement/garage/attic/closet/game-room/Goodwill
Thats an accurate statement.
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