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157 Comments
- chrissku, on 09/18/2008, -11/+108Morgan StanRee?
- treehugger87, on 09/18/2008, -1/+70The USSR did not fail because some other country invaded them. It failed because its economy collapsed. I have the sinking feeling the countdown on the USA has begun.
- CarStan, on 09/19/2008, -2/+43
作为个人，我欢迎我们的新中国霸主 - Christianptriot, on 09/18/2008, -5/+40How much of the US will our government allow to be bought up by Middle East and Far East interests - at what point will our country and its corporate structure (and some of our actual infrastructure like highways and water systems) be owned and operated by out potential armed enemies?!
- WeavingSpiders, on 09/18/2008, -9/+40Ron Paul has been talking about this for years.
If America had only listened..
The worst part is he has been telling congress for decades, and they won't listen because they've got their hands tied behind their backs by special interests!! - e3boy, on 09/19/2008, -6/+37I, for one, welcome our new Chinese overlords.
- McLieberman, on 09/18/2008, -3/+29Morgan Stanley wanted to stay with a U.S buyer, but MS told the Federal Reserve they don't accept MONOPOLY money!
PS: plus that "play money" will be worth 20% less next month. - yuutokun, on 09/19/2008, -0/+26I don't know Chinese and I havent used any translators but I know Japanese kanji. I think it says I for one welcome our Chinese overlords. lol
- idislikedigg, on 09/19/2008, -0/+20Translation: Chinese » English
As individuals, I welcome our new overlord of China
Well played, sir... well played. - WeavingSpiders, on 09/18/2008, -1/+20Have you heard of the Federal Reserve? Are you aware that it is owned by private bankers??
- UnFriendlyFire, on 09/18/2008, -2/+19It's a private sale. How it is anyone's economic policy?
- BossKey, on 09/19/2008, -0/+15Well maybe the Soviets weren't invaded, but it sure didn't help that they were stupid enough to ignore the lessons of history and get bogged down in Afghanis........oh crap.
- malcolmlo, on 09/19/2008, -2/+162 things to all those freaking out...
1. Dont forget that not only are they buying ownership in US companies, but they are also BAILING THEM OUT. If we chose to sit on our hands and not allow any foreign investment we would be going lower and possibly even facing collapse.
2. It is a good sign that foreign companies are still jumping to buy US companies and assets. If they were NOT interested in buying that would mean they have lost confidence and the US economy and that would mean we are in REAL trouble. They are not stupid, and them buying up US assets means they think things will recover. - vidar808, on 09/19/2008, -1/+15The United States of China
- Ebacherville, on 09/18/2008, -2/+15wait for it ......
wait for it... - LasikPlus, on 09/19/2008, -0/+13....yes, how dare foreigners bring their cash to this country when we can just print money to throw at our problems.
- inactive, on 09/19/2008, -0/+12Just because they're from a foreign country doesn't make them an enemy.
- inactive, on 09/19/2008, -0/+12mommy, what was america?
well, honey, it was a good experiment... but it failed miserably because of a few corrupt people that stole out from under its own people... now eat your rice and study your chinese. - NSResponder, on 09/19/2008, -0/+12If the Chinese buy more dollar-based securities, it will show that they don't know what they're doing, either. Their exposure to the impending collapse of the dollar is enormous, and buying into Morgan only increases their risk.
-jcr - synthpop, on 09/19/2008, -0/+11as much as it takes to not go bankrupt
lets see now, we have nearly 10 trillion dollars in government debt, and almost 40 trillion dollars of debt in the private sector, so the answer to your question is ALL OF IT will be sold to foreigners. - inactive, on 09/19/2008, -1/+12We haven't even gotten to the 'good' part yet. Fascists governments like China can change faster than governments like ours. When the oil runs out, we will be still screaming "the free market corrects all!", the rich americans will all move to Europe with their oil money, and you will be unable to go more than 40 miles from your house, or heat your home.
China on the other hand is already stockpiling oil, coal and uranium, and building alternative energy like a maniac.
Dumb people in china bitch about "enjoy now, pay later!" and "global warming is a myth", but their government says "Talk to the handcuffs, were fixing this ***** now whether you like it or not" - smokeymcblunt, on 09/19/2008, -0/+10Im glad I can live on Moo Shi Pork and Tsingtao till I die.
- Murdats, on 09/19/2008, -1/+10it does if you are american.
- MforMike, on 09/19/2008, -2/+11We are screwed beyond all belief.
- inactive, on 09/19/2008, -3/+12we're *****.
- snubelo, on 09/19/2008, -1/+10Currently, I'm an American teaching English in China but it looks like I might be teaching Chinese to all us poor rednecks in the future.
- JoeVet, on 09/19/2008, -0/+9All this brought to you by John McCain's economic adviser, Phil Graham and the Republican platform of no regulation.
- rockstar1o9, on 09/19/2008, -0/+8 Money has no borders or boundaries.
- Barackalypse, on 09/19/2008, -2/+10They're welcome to buy all the underwater assets they want. Let them throw their money into this sinking ship and it might just stay afloat long enough for me to build that cabin in the Canadian Rockies.
- pimpofpixels, on 09/19/2008, -1/+9You're too stupid to vote.
- Ventura2012, on 09/18/2008, -1/+9"I don't know about you but I don't want to go back to a time where everyone was sustenance farmers trading pigs for seed corn. "
LOL Currencies have been drastically overhauled with few problems. All that has to be done is to convert the debts and everything else to the sudden change in value. Kind of like what Mexico did when they came up with the "New Peso". Bank balances, debts, and prices were adjusted accordingly and proportionally to the change. - gjvrieze, on 09/18/2008, -10/+17Yup, Vote Third Party, think Ron Paul people!
- GorfTron, on 09/19/2008, -0/+7Throw in some table manners and the trillion dollars will be worth it.
- GorfTron, on 09/19/2008, -0/+7I have to digg this down for sheer volume, forgive me.
- thetron, on 09/19/2008, -1/+8China said in a recent interview. It's not in the best interest for the continue china growth to invest in the US market and this includes preventing a collaspe
If US market collaspes. China will stop developing cause people from the USA people to buy Chinese goods/services - i4ybrid, on 09/19/2008, -0/+7Does that mean some Chinese guy can buy another 2% and give it to the government for a hostile takeover?
- dengzhi, on 09/19/2008, -3/+9US is China's bitch.
- treehugger87, on 09/19/2008, -2/+8Talk about a stale old argument. What is your alternative to Medicare & Social Security? Should we let the old, infirm and disabled live in cardboard boxes under bridges? Typical right-wing talking point. Full of criticism and hate for Americans, and completely void of solutions for America.
Be sure to vote November 5th! - inactive, on 09/19/2008, -0/+6Can't you understand what's happening here? Don't you see what's happening? Potter isn't selling. Potter's buying! And why? Because we're panicky and he's not. That's why. He's picking up some bargains. Now, we can get through this thing all right. We've got to stick together, though. We've got to have faith in each other.
- Nintendesert, on 09/19/2008, -0/+6Same stuff in the 80's with the Japanese, everyone was complaining about how much they were buying up. Now, whether we should allow foreign governments to do the actual buying. *shrug* With so many subsidies in some countries, the difference between state and private enterprise is pretty non-distinct.
- homah, on 09/18/2008, -5/+11Which of his economic policies, specifically, are a joke? Which candidate has a better economic policy and why?
- goffy59, on 09/19/2008, -0/+6Ron Paul did all he could do to get things done. But theres only so much you can do when there are traitors in our midst.
- GorfTron, on 09/19/2008, -1/+7Ahh, then you have not read The Art Of War where it is taught to baffle the enemy with your inscrutable actions. And the Chinese, more than any other oriental people, are inscrutable.
- pimpofpixels, on 09/19/2008, -1/+7so... Did communism win?
- PanamaJohn, on 09/18/2008, -1/+7And soon Bennie 'The Buffoon' Bernache to the rescue to devalue the dollar further and make it even cheaper for foreign governments to buy up the US.
- inactive, on 09/19/2008, -0/+5***** you. We're not the ones with sweatshops and child labor making clothes for rich and poor trailer park Americans you *****. Country A is not going to invest in a company in Country B if they think that the economy of Country B is going to collapse.
- TPorter72, on 09/19/2008, -0/+5More like socialism. Regulated mixed market. Damn crazy Chinese.
- JKAL, on 09/19/2008, -3/+8You should get off that sensationalist band wagon, your comment does not make any sense, this is purely business, it has nothing to do with the US state owned assets, and anyway they way things are looking it does not seem like a smart buy for the Chinese... would you rather the Government be buying these failing businesses and then that would be with tax paying money...!
- zigardne, on 09/19/2008, -0/+5that's a great point, but if you look at the budget, whether you look at it as an accounting problem or a philosophical one, we're pretty *****. 10 trillion NOW, not including social security and all the other future entitlements. I'm not naive enough to think I have the answer, but I hope to God somebody does.
- GorfTron, on 09/19/2008, -0/+5Now they just need to find a way to get lead based paint into the monthly statements.
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