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View Diary: The United Arab Emirates Ports Deal (293 comments)

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  •  Let's Just Face It (4.00)
    Either the Chinese are going to own us or the Oil Countries - pick which one as your new master.

    As long as we keep buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying buying (okay I made my point) eventually those that have all of the money will put it into something - how about everything that we no longer own - our country.

    •  I'm wondering when (4.00)
      they'll come to take my first born child away because our nation is so far in debt.  Since Labor could be considered a National Resource will they start taxing us by requiring a set amount of involuntary 'national service'?

      We must never lose it, or sell it, or give it away. We must never let them take it from us.

      by Fabian on Mon Feb 20, 2006 at 03:45:06 PM PST

      [ Parent ]

    •  The REAL national security threat (4.00)
      I think the Bush Administration couldn't afford to refuse this deal.  Not because they want another 9/11; not even because the Bushes are Saudi bitches.

      The real reason this deal went through, IMHO, is because we're at the mercy of anyone who'll lend us money.  Our decades of current account deficits, which are directly worsened by the Federal budget deficits, make us dependent on countries with capital surpluses to finance our deficits.  That means the Arabs, the Chinese, the Japanese and South Koreans and Taiwanese and assorted Europeans.  

      In order to finance our endlessly wasteful national habits, we not only have to borrow all we can grab, but we have to sell off the family silver to whomever is willing to buy.  That's how we've moved from the world's biggest creditor nation to the world's biggest debtor nation in the past three decades.

      The Bush administration is scared to antagonize the rich Arab regimes, for fear they will pull their financing out of our stock markets and our bond markets.  Bush has to keep the Wall Street markets levitating, because if there's a recession before the 2006 election, his party will be massacred at the polls.  

      The "economic recovery" is a hollow shell, dependent on large corporations' profits and Wall Street numbers.  If the Chinese or the Arabs stop buying our companies and our stocks and bonds, the party's over.  When that happens, the Republican party could be over.

      -4.50, -5.85 Lies are the new Truth.

      by Dallasdoc on Mon Feb 20, 2006 at 04:19:36 PM PST

      [ Parent ]

    •  Then Americans will know (none)
      what other countries have felt when we bought up all their assets.

      I watch local freight trains going by with foreign countries' corporations stamped on the side.

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