And why?
So that a handful of Americans can become even richer at the expense of the middle class . And every day as we go another billion dollars into debt, thanks to our president and the greed of a handful of his supporters, who do you think is buying up our bank notes?
And what's going to happen when they call our loans?
With the Bushes of the world as the Mr. Potters will we still have any Harry Baileys to save what's left of our country?
It won't be long before China 'legally' owns a majority of America. And they don't even have to fight a war to take it. All they have to do is depend on good old greed to sell us out.
Do you even care?
2007-10-06 08:09:10 · 15 answers · asked by Doc Watson 7 in Politics & Government ➔ Politics
When will America wake up don't u know we already sold out our railroads , water works , some telecommunications oil some lands , JOBS , Our government !!!!! It like popeye ILL gladley give 2 hamburgers to u tommorow , check in the mail!!!! ITS called HELLIBURTON Dick nGeorge funding!!!!
2007-10-06 08:20:20 · answer #1 · answered by Anonymous · 6⤊ 0⤋
The reason that business is going to china is for profit. That has little to do with the middle class, it is just plain good business.
China will not call in our loans. Why in the hell would China want to destroy a market that is helping make them rich?
The USA's biggest enemy is not China, it is our lack of planning.
It is our own damned fault if we let China "own" us. We can put a stop to that and not have China turn against us. See below for more answers in that regard. Something I wrote in another thread that is just as applicable here.
==========
1 They are not communist country which is the polar opposite of capitalism, which they are. They are communist in name only.
2 They have given their people more freedom in the last few decades then ever before in their 5,000 year history.
3 They are actively correcting the problems with bad and dangerous products.
4. They are actively correcting the problems with their pollution which they have said is terrible.
5. They are reforming their judicial system
6. They are slowly morphing into a democratic republic at their own pace, not the pace the west wants.
7. They are not likely to repeat their mistakes. They are too old and wise for that.
8. They are an extremely positive.
9. They believe in a countries right to self determination and has made a pledge to the Chinese people they will not invade a sovereign country. The USA has made no such pledge in both regards. They believe in diplomatic solutions rather then negativism and threats.
10. Unlike the USA, they plan for the future through a series of one and five year plans. That has proven to be a success because in the last 20 years they went from an economic joke to world class to very likely the most powerful economy in the future.
Peace
Jim
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2007-10-07 16:51:48 · answer #2 · answered by Anonymous · 3⤊ 0⤋
Yup, its called globalism. Don't think its just China, when China's inflation becomes a problem where they have to demand higher pay, the multinational corporations will move on, and eventually move back to America when people are so desperate, that we'll accept 50 cents a day wages.
2007-10-06 08:12:18 · answer #3 · answered by avail_skillz 7 · 3⤊ 1⤋
Call our loans? I think you're hopelessly confused.
The Chinese are investing in our bills, notes, and bonds, just as the Japanese did in the 80's.
They may choose to sell them sometime, and they'll be bought by other investors.
Our debt is cause for concern, and we need to enact some fiscal responsibility soon, but we also don't want to erase it because the consequences of that are equally bad.
2007-10-06 08:15:34 · answer #4 · answered by Anonymous · 1⤊ 2⤋
they are ruled by using the communist occasion their financial device in itself isnt communist. in truth they are tremendously rattling capitalistic as you will see interior the huge-unfold if their products, they're going to take each short decrease and by using pass each environmental regulation just to make a earnings.
2016-11-07 10:57:55 · answer #5 · answered by ? 4 · 0⤊ 0⤋
We have been getting 'sold out' by Bush for years. But no one in DC seems to care.
Learn to speak Chinese. It may help one day!!
2007-10-06 08:57:43 · answer #6 · answered by PATRICIA MS 6 · 3⤊ 0⤋
Yes, and it appears that Chairwoman Mao Tse Clinton is working hard for their cause...
2007-10-06 10:48:31 · answer #7 · answered by Truth B. Told ITS THE ECONOMY STUPID 6 · 0⤊ 2⤋
well i thought that was true,but found out we owe the most to Japan. yes,i care
2007-10-06 08:22:55 · answer #8 · answered by Anonymous · 3⤊ 0⤋
I do but when I talk about it everybody thinks I'm paranoid.
2007-10-06 11:25:55 · answer #9 · answered by cynical 7 · 3⤊ 0⤋
Yes. You are correct. What is the solution?
2007-10-06 08:41:29 · answer #10 · answered by Anonymous · 3⤊ 0⤋