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Originally posted by leadb:
Did someone think we could run a trade deficit indefinitely? Sigh.

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Originally posted by 6ixStringJack:

And I don't want any fusion of currency with Canada, but I'm more concerned when our representatives will allow hostile countries, such as China, to buy up our seaports and airports.

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Originally posted by Fletch2:
Why would China start a war? They can just buy the place.

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Originally posted by 6ixStringJack:
Opinion duely noted, and you can kiss my ass fucko.

There is absolutely a way we can stop this. If our representatives won't do it, there will be a civil war. Plain and simple.

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Originally posted by Fletch2:
You are a hypocrite. If claim that your property is your property and that the government has no business telling you what to do with it. But if I own a port, you are saying that my property isnt my property and the government can stop me from selling to whoever offers me the best price. I call bullshit.

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Originally posted by 6ixStringJack:

I am not a hypocrite. I am however, staunchly against globalization. I don't give a shit if you have a problem with my Nationalism.

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Originally posted by leadb:

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{Port ownership} Comes to national security issues; and much of that can be covered with sufficient laws and oversight. Consider drug smuggling, weapon smuggling, illegals smuggling, etc. Personally, I think -every- country should own it's -own- ports.

As far as businesses in general getting sold out, that's just a natural comeback from decades of trade deficits.

Edit: Sorry, on re-read, I realized I had left out a key phrase; it might have been obvious that I was alluding to ports; however, I have added it in {} above.

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It might not seem so but I actually have a lot of sympathy for Jack's position and I can understand exactly where he's coming from however the fact remains that --

1) This IS business as usual for most of the rest of the world. When Ford buy's Volvo, or Landrover it is exactly the same kind of thing as we are talking about. The current system has always favoured US companies because the US financial markets have always been more willing to lend money for acquisitions. It makes Jack's understandable outrage especially ironic.

2) There seems to be a certain amount of cherry picking in the way some folks view "the Government." When the gov does something that they dislike then it's meddling and heads should roll, government should be scrapped etc. However these same people seem awfully keen to use that same gov power to meddle when it suits their agenda. Telling someone that they can't sell their own property is the same kind of power as the using eminent-domain-to-build-a-Walmart example. If you accept that the government has the power to control the sale of private property for economic interest then that could include grabbing your house for Walmart.

The reality is that this kind of thing will become more and more common. The UK used to have 2 car "groups" much like the US "big 3" there are currently none in UK ownership. One day Ford may be a Chinese owned company.