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If you're an American and you want to buy real estate in the Philippines, you can't. Why? Because you must be a Philippine citizen to own land there. Many countries on this planet in fact require citizenship or otherwise place limits or restrictions on the purchase and ownership of property in order to mitigate potential future influences that could damage their economies and quality of life.

The United States is different: we don't care where you're from or how you made your fortune: so long as your cash is convertible to U.S. dollars, you can buy anything: real estate, companies, corporations, aircraft, jobs - even people, if they happen to be the right pedigree.

And so once again, as President Clinton before him, President Obama evidently received an epiphany that told him to ship more jobs, more technology and more intellectual property created right here in the good ol' U.S.A. to offshore countries - but not South America this time. No: for this particular hat trick which puts another fist-full of nails in the coffin for America's middle class, we're going to "gift" Oceana - those captivating countries you see in vacation brochures in the South Pacific - with our life's blood for reasons only the President and his compatriots know. And just who are these compatriots, you might ask? Maplight gives us at least a partial list in the link below the highly-cultured orange worm. Prepare to be amazed.

As someone observed some time ago, it you want to find out who is behind something, follow the money. So when I read the linked article below:

There was a part of me that swallowed very hard and tried to keep from flat out laughing - not because I found anything amusing about it - far from it! - but because it seemed so, so - so damned familiar.

Here's a partial list they published - the full list is in the article itself:

General Electric
Johnson & Johnson
Biotechnology Industry Organization
Pharmaceutical Research and Manufacturers of America
Recording Industry Association of America
Mylan Inc.
Gilead Sciences
Entertainment Software Association
Accessory Network Group

I purposely avoided listing the amount of money each of these organizations spent on political influence in this country to fast-track the TPP (Trans-Pacific Partnership) negotiations through D.C. because the amounts of money and the names of the people who are being paid off to garner their influence are equally profane. They are also listed in the article. However most of the really huge corporations here were players during the last so-called "trade agreement" from Clinton's era.

For the same reasons I struggle with the intellectual conundrum that forces me to argue in my own head where the definition of "whistleblower" stops and "treason" begins, I find myself wondering where the definition of "patriot" stops and "traitor" begins - especially when the long-term implications are so clearly obvious from previous similar arrangements.

For this I leave the august body of Kossaks to ruminate upon. Meanwhile I believe it might be getting close to the time that requires me to bone up on developing my Aussie accent if I expect to find other employment in the future...

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Comment Preferences

  •  And Just Think. (12+ / 0-)

    If for whatever reason we can forestall this sellout of America and our sovereignty, in 2016 we can vote for Hillary who will so happily grease the skids for the American worker's slide to hell.

    Just like we would not vote for repubs who sell us out economically or socially we cannot afford to vote for Democrats who would do the same.

  •  Actually, in most countries restrictions only (0+ / 0-)

    apply to the land used for agriculture. Btw, US citizens can buy real estate in Mexico (although not Phillippines).

    •  Since when? Mexico used to be closed to foreign (0+ / 0-)

      Real property ownership - especially to Gringos, and very especially after Texas, New Mexico, Arizona and California joined the Union.

      •  Used to be. In some parts of Mexico you have (0+ / 0-)

        to jump thru some hoops but it's not that complicated.

      •  Mexico (0+ / 0-)

        Actually, the prohibitions were only within the "restricted zone" of border (w/i 100kms) and coastal areas (w/i 50 kms).  Although this remains part of the constitution, it was effectively gutted by the addition of "fideicomisos" to the constitution in 1997, in which a Mexican bank (some of which are now owned by U.S. banks) establishes a permanent irrevocable trust to hold the land on behalf of the foreign citizen.  Issuance of a fedeicomiso is now automatic and quick.  Also, the new government is considering eliminating that section of the 1917 constitution entirely.

        Note that there are also issues with "buying" ejido land.  To grossly oversimplify, this somewhat like Indian reservation land in the U.S., it can't be fully sold to foreigners  However, since 'reforms' in the early '90s it can be converted to private property, and then sold.

        Iron sharpens Iron. Normal is a dryer setting. STOP illegal immigration NOW! -- Make it LEGAL. If Corporations are People--Let's draft them.

        by benamery21 on Sun Jan 19, 2014 at 02:01:12 AM PST

        [ Parent ]

  •  20% of US owned by foreigners & growing (3+ / 0-)
    Recommended by:
    jbsoul, Patango, praenomen

    selling off our country like we are selling off public resources and living in austerity

    the greedy bastards want TPP to take more

    and it takes away local control

    TPP: Poison for Local Community Resilience

    The past couple of decades of globalization have been a disaster for planetary ecosystems, indigenous peoples, and most middle-class citizens, but a gravy train for big investors, investment bankers, and managers of transnational corporations. This unprecedented expansion of international trade was driven by the convergence of key resources, developments, and inventions: cheap oil, satellite communications, container ships, computerized monitoring of inventories, the flourishing of multinational corporations, the proliferation of liberal trade treaties (including NAFTA), and the emergence of transnational bodies such as the World Trade Organizatio
  •  That's why clear-thinking discernment in primaries (4+ / 0-)
    Recommended by:
    chuck utzman, MKSinSA, Patango, praenomen

    ... is the most under-utilized and overlooked part of our election process. If you want "change you can believe in", voting for a different version of the same thing won't get the desired results. 30 years of conservatives - both republican and democratic - have decimated the core of America's real strength - its people and the constitutional mandate to "provide for the general welfare" of "We the People."

    Extreme problems call for aggressive solutions, and two people come to mind that are capable of handling the challenge - Bernie Sanders and Elizabeth Warren, in no particular order.

  •  Remember when Obama (1+ / 0-)
    Recommended by:

    campaigned on this issue and said he would be demanding fast track TTP by Jan 2014 ? Neither do I

    Obama Trade Document Leaked, Revealing New Corporate Powers And Broken Campaign Promises

    Updated: 06/14/2012 6:45 pm


    Beer Drinkers & Hell Raisers

    by Patango on Sat Jan 18, 2014 at 10:25:03 PM PST

    •  When has broken promises and lying ever (0+ / 0-)

      bothered Obama? He has been the most deceitful politician that has served the US in my lifetime, and that includes Nixon...but I guess that's part of the new set of Democratic values...that is, if you can find any values they're willing to respect.

      If the Democratic Party nominates Hillary, then I'm through with the party...

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