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To: E. Pluribus Unum
. . . Citigroup sold an even larger share, worth $12.5 billion, to the Kuwait Investment Authority (KIA) and several other Middle Eastern investors, including Prince Walid bin Talal of Saudi Arabia. The managers of ADIA and KIA insist that they do not intend to use their newly-acquired stakes in Citigroup and other U.S. banks and corporations to influence U.S. economic or foreign policy, but it is hard to imagine that a financial shift of this magnitude, which can only gain momentum in the decades ahead, will not translate into some form of political leverage.

I don't see a problem with these foreign interests buying enormous stakes in U.S. companies that are teetering on the brink of insolvency.

In fact, this article is filled with a bunch of paradoxes of this sort that make me question just about every point that has been raised.

6 posted on 04/16/2008 11:06:59 AM PDT by Alberta's Child (I'm out on the outskirts of nowhere . . . with ghosts on my trail, chasing me there.)
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To: Alberta's Child

Al Gore has been flying around, having meetings (sales pitches) where the world’s top moneymakers have been sold on investing in some fantastic new technology.

Some of this technology is solid and will just get better and better.
Some is junk.

But Al is selling ‘futures’ in it.


What does that have to do with this article?

Forcing the price of gas up in the US to ensure that buyers will be standing in line waiting to purchase these new technologies, as they start hitting the market.

OPEC is slowing production to keep prices high.

They profit, and they are investing in these new technologies that they are going to sell us, because we can’t afford their old product.

We get what we want, and need, eventually, and the elite get ‘richer’.

But, it has always been this way. Someone plays Al Gore. Someone plays George Soros. Different name, same game.


11 posted on 04/16/2008 11:19:47 AM PDT by UCANSEE2 (Just saying what 'they' won't.)
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To: Alberta's Child
I don't see a problem with these foreign interests

These alarmists never seem to mention one obvious fact: where does the money go that net energy exporters receive? Answer: western banks, and then western construction companies. Result: the money comes right back to us for investment and employment.

Point two: everyone knows the future is nuclear. There will always be cars, it's just that they'll be running on battery power. Maybe not as much power/range/fun as gasoline, but personal mobility & our dispersed suburban lifestyle will be retained.

Point three: everyone also knows the future of agriculture is genetically engineered food crops. Say goodbye to huge amounts of fertilizer, energy, etc and say hello to calorie/protein packed "food".

The world may end up looking a lot different, but people will still be able to move around, work & eat just like as we do today.

16 posted on 04/16/2008 11:35:09 AM PDT by semantic
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