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Weak dollar promts record foreign buyouts of US companies

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October 3, 2007 10:24 PM    View printable version     Link to this comment   
Member Since:
September 9, 2007

Not only are we losing American companies so they can take advantage of cheaper labor, tax laws, etc to Mexico, China, India etc

Now...

Weak dollar prompts record foreign buyouts of U.S. companies

http://www.iht.com/articles/2007/10/02/business/buyout.php

Somethings got to give sometime.



"If tyranny and oppression come to this land, it will be in the guise of fighting a foreign enemy. Of all the enemies to public liberty, war is perhaps the most to be dreaded because it comprises and develops the germ of every other. War is the parent of armies; from these proceed debts and taxes; and armies, and debts, and taxes are the known instruments for bringing the many under the domination of the few. The loss of liberty at home is to be charged to the provisions against danger, real or imagined, from abroad." -- James Madison
October 3, 2007 10:43 PM    View printable version     Link to this comment   
Member Since:
May 24, 2007

I believe Mr. Ross Perot described it as " a giant sucking sound" !

It does suck.

TG



John 16:33

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