Red China was moving to penetrate the U.S. securities markets
Capital-Rich Chinese Firms Look Abroad for Acquisitions
PLA Espionage Means Business
"The trail of Chinese agents of influence and enablers leads from corporate boardrooms to the White House. It is a vast spy network that now has tapped into billions of dollars of U.S. pension funds to support military activity, according to Roger Robinson, former senior director of international economic affairs at the National Security Council.
...All of this is part of a master plan that uses U.S. political leaders and lobbying efforts from big-bucks political donors to get export licenses for China, intelligence sources say."
High-Tech Transfers To China Continue Under Bush
Who's To Blame In Bank Of NY, Russian Mafia Scandal?
"Russian" Mafia Involved in Stock Fraud in USA
LONDON 'IS LAUNDERING CENTRE FOR RUSSIAN MAFIA CASH'
It can work both ways:
An Inconvenient History - The Russian Money Laundering Pyramid
I'm actually kind of discouraged by the short time frame of those who are calling this "capitulation" and "destruction of financial well being" and all. I don't see "room for rent" signs on palatial-like houses, or "for sale cheap" signs on gas guzzlers. No people who've lost their jobs are offering to do manual labor in order to feed the kids. There are no massive crowds at day old vegetable counters or used clothes outlets.
I just don't think anyone knows where this is going; there are too many unknowns and new input in the current mix. And still those with agendas keep on looking out for their own interests, not what's best for the country as a whole.
You know what got me? All that money to prop up the airlines, and a reluctance to help AMTRAK break even. There are people who, for physical or psychological reasons, depend on the train, to get around the country. The shortfall is miniscule...yet it took an outcry to get this funding.
People at the lower rungs lose jobs to immigrants. Their 401Ks have been decimated. Their lifestyles are threatened. It's their children who would fight a physical war on terror. Yet, it's still about corporate crooks and business, not about average people.
I'm still formulated my reactions to all of this, obviously. But it seems pretty naive for anyone to say they can predict or control the future.
J
For those who think it can't happen here, Ninevah and Babylon were once great centers of civilization.
There are thousands of unexcavated "tells" in the Middle East which were once thriving cities.
The moving hand writes, and then moves on.
Tene, tene, tekel uupharsin...