Saudi Arabia alone owns 7% of the US. With all of Bush's talk...the Arabs have been buying up the US non-stop since 9-11. IS this a good thing?
2007-10-10 18:04:22 · 6 answers · asked by Howard 1 in Politics & Government ➔ Government
Those are American dollars that we paid them for oil. We could have conserved energy. We could have carpooled, developed alternative energy sources or even worn sweaters (as Jimmy Carter suggested) rather than crank the thermostat... but NOooooooooo! We had to go totally nutso ga-ga with the oil.
2007-10-10 18:24:20 · answer #1 · answered by Anonymous · 0⤊ 0⤋
We have no laws forbidding foreign investment. And no one has more money to invest than the Saudis.
Should it be? It's a hard question to answer. More than 800 American companies have been bought by foreigners this year, because the value of the dollar has fallen so far. On the other hand, can we afford not to have the investments just because they're foreign? This issue is too complicated for an easy answer.
2007-10-11 01:14:30 · answer #2 · answered by mommanuke 7 · 0⤊ 0⤋
I watched a documentary not long ago, and they say the Saudis own closer to 12%.
2007-10-11 01:13:35 · answer #3 · answered by Jewlz 4 · 0⤊ 1⤋
In America- EVERYTHING'S for Sale! We're ALL guilty of trying to make a "quick buck"- at someone ELSE'S expense. Well, the truth IS- WE are the people it's "costing..." And if we don't learn how to Invest more in our OWN Country- somebody from somewhere ELSE- WILL... -And it won't be "OUR" Country- anymore... :(
2007-10-11 01:18:01 · answer #4 · answered by Joseph, II 7 · 0⤊ 1⤋
The "Old man" must be a good salesman.
He went out for orders.
Came back with more tha he can handle.
That's is good business.
What do you think?
2007-10-11 05:08:07 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Mind-boggling isn't it?
Capitalism will destroy the sovereignty of the U.S.!!
2007-10-11 01:09:17 · answer #6 · answered by Kelly B 4 · 0⤊ 1⤋