I am OK with foreign investment. I am all in favor of immigrant entrepreneurs and wealthy investors.
Everybody would object to massive immigration that amounted to an invasion.
I don’t see that as anything but a fantasy for our enemies.
In my experience, I have not seen foreign entrepreneurs trying to bring along anybody but family and skilled workers.
BTW, what is YOUR solution to the massive debt bubble? I offered mine.
Which one? Ours? Europe's? Public? Private?
We have no choice but to pay off our own public debt, which I would ease by trying to recover more of the TARP monies.
Private debt? Derivative debt and default swaps? It'll have to go smash -- there was never anything behind it anyway, and trying to "pay it off" actually means dragooning the salaries and savings of millions of people to pay off someone else's Las Vegas losses, assessing Suckerland somehow to funnel funds to the people who did all this. They, and they alone, must suffer -- conspicuously (medieval punishments? the guillotine? I'm open to suggestions) -- for trying to palm it off on the public.