Foreign countries are buying up US companies!

I've thought about that too and if our country keeps this idea up we're going to be a multi owned country. We're not going to belong to ourselves anymore but end up breaking up and belong to different countries. Somebody better wake up and wake up fast because that's where we're heading.

I do believe that we are selling off all of our assets. The foreign countries are taking over the manufacturing industry. We have 4 factories out of 10 that are not run by foreign countries. They are fighting to stay alive. I think we should quit giving incentives to the other countries to bring business here. We should be giving incentives to keep our jobs here and not send them to other countries.

I'm glad you brought this up. It gives me a chance to explain why it is that balance of trade with foreign countries is important. Take the case of China. We send them our dollars. They send us products. That's trade between countries. Why not do it? Well, it is actually good to trade, just not so one sided like it is with China. We send them too many dollars. Would you believe I've actually heard otherwise intelligent people say, "So, what? The dollar is not backed with anything. It is only a piece of paper!". The dollar, while not backed with gold, is backed with our gross national product, our real estate, minerals, publically held companies, and whatever else we Americans might want to sell. The international market place of currencies evaluates the quality of the things we Americans sell, the amount of currency we have in circulation, and how well our laws protect the rights of buyers. Then it evaluated the dollar accordingly. As the Chinese acquire our dollars in excess of what we acquire of their money, they in effect are acquiring our country. The Chinese have legally and fairly accumulated a huge amount of our dollars. Remember what is backing up our dollar? Those are not worthless scraps of paper. Would you believe China could buy Wal-Mart now if they wanted? We'd almost have to let them, too. They legally have our money. If they can not spend it as they see fit, the international markets in currency will take note and devalue the dollar. Would you want the money of a country that tried to tell you what you could spend it on? Unless we get smart and learn how to become exporters again, foreigners will continue to accumulate our currency (which is backed by all the property and assets of the country) in excess of our accumulation of theirs. The ultimate end result of this is the loss of America to those who will use our money to buy it. China very well may someday own America without ever having to invade it.

Dont worry too much, Almost all of our major Australian companies have gone, foreign owned, all of our icon companies..Its scarey and its a shame...

This has been going on for quite some time. This is a security issue, as well as a way for foreigners to acquire influence in our markets and policy making. US companies need to remain US companies instead off being sold off to foreign interests.

This has been going on for years. In the 70-80's the Japanese were buying up things in New York City. Actually foreign governments have bought a lot of our bonds, along with out assets. If we all knew what really was going on in this country we might be at least a little worried about it. Nothing is American anymore. And it is very scary!

That's the way trade works as someone has already mentioned earlier. Sorry if there's a clash in interests, but coming from an Asian (Singapore) perspective, I think it's pretty evident that China or India is rising to become the next superpower. It's not just the US that has foreign powers interested, many such powers are constantly expanding and developing. I mean..expanding one's influence...well at the risk of putting out an over-generalized statement..isn't that what every country seeks to do? Does the US not own major companies in other countries as well?

So what? The world changes and the foreign investitions are wellcomed for each country. But it`s responsibility of the gouverment to look for any balance it this, of course.

I am a Canadian and there are many companies here that the Americans own. Also in the case of Canadians, I think that is because of NFTA. Do you know that as a Canadian, if I go to the States regularly for a visit, I cannot open an American Account, the most I can do is to get a Canadian American bank account and that does not work in paypal (since our dollars are at par and ours is above yours, a US checking account would be good for me) So I guess that it is better for having a business in the States. If you own a business in the States, you can get an American bank account. So all NFTA has to do is to allow frequent Canadian visitors to have an American bank account that is not associated with a Canadian one. Mind you China and Dubai and Abu Dhabi seem rather scary since China is Communist and the others Muslim and Muslims spread their religion through conquering other countries.

This is nothing new --- HSBC - Hong Kong - singapore banking center Lenovo - the former IBM PC division - owned by the Chinese government These are 2 that I can think of immediately - this has been happening for year. Japan owns many building in NYC.

I wouldn't doubt nothing the US does.They are just money hungry...All this country does is go around saying they are broke.they are always threating that social security is going out but those polititions are making money hand over fist...This country is a little sick i think.

This has been going on for year. It's how business goes. I doubt any country is going to "own" the US. On the other hand your US companies like McDonald's are invading other countries and now their citizens are starting too look a little overweight. Walmart is all over the world too, messing with local economies. This 'americanization' of the rest of the world to me is a much more worrisome problem.

*Laugh* I think every country is allarmed by this:P I mean in every country they are articles that proves it is being bought up by international capital. I don't think you should worry. Hmm... maybe I say this because I hear this about my country for whole my life and nothing really bad ever happened because of that:P