Replies

all "investment" is equal?

If you know something I don't then I've got to know what it is.

Please correct me if I'm misquoting you. You're saying the trade deficit/capital surplus is too much, and we need to bring it down. You say you don't like tax-hikes.

I may have a solution: I invest big time in China Petroleum & Chemical Corp. Their stock price is soaring, their PE is only 11, terrific earnings, Price sales ratio of just 0.61, low price/book too.

OK, sure it's a Chinese company, but if we're really serious about taking control of the Chinese economy and beating that horrible trade deficit, we may need to break a few eggs.

There's an upside --investing in Chinese oil instead of US oil is just one more way of getting even with those horrible CEO's at Exxon!

So Paul, you tell me: do I get even with the Chinese and show them just how it feels, or do I just roll over and take it like everyone else does?

If Paul's not around at moment then someone needs to answer my previous post fast. SNR's stock price just went up another 12 cents per share and that means our investing dollars are going to buy less power over the Chinese economy. It also means our soldiers in Iraq will have less income from my capital gains taxes.

So let's hear it--- do I give them Chinese a taste of their own medicine or not?

...investing in Chinese oil instead of US oil is just one more way of getting even with those horrible CEO's at Exxon!

You don't like Exxon, put your money on a U.S. Competitor.

You did note this little factoid about CNOOC didn't you?

KEY EXECUTIVES
...................................Age Position Pay Exercised
Mr. Tianpu Wang ,... 43 .... Pres ... N/A ... N/A
Mr. Ge Chen , ...... 44 .... Sec. ... N/A ... N/A
Mr. Xiyou Cai , .....44 .... Sr. VP ....N/A ... N/A
Houliang Dai , .......43 ... Deputy Chief Financial Officer and VP ......................... N/A N/A
Mr. Zhigang Wang , ... 49 Sr. VP N/A N/A

I assume the above-noted non-transparency doesn't bother you. Makes ENRON look like a paragon of virtue and bookkeeping integrity.

I like the ages too. Seasoned hands. Clearly they are not in fact in charge. Who pulls the strings? One need look no further than the CCP.

Not to mention that you would also be gambling on their not re-nationalizing at a moment of convenience or crisis.

If I were evil, like Todd, I would simply say: Go for it. Go for broke. Bet it all.

But being non-evil, and therefore, an enemy of Todd's Axis of Evil Overlords, I have to ask you...wouldn't you be better served...both personally...and as an American patriot... putting your money into U.S. energy extraction and R&D concerns?