Thread: Are Sovereign Funds Threatening Our Sovereignty?

Are Sovereign Funds Threatening Our Sovereignty?

by Seth Green | December 24th, 2007
America has suffered a profound loss of international influence and respect over the course of the Bush administration. While most of the attention has focused on the administration’s flawed security strategy, recent events demonstrate that Bush’s economic agenda has been similarly disastrous for America’s role in the world. The administration’s tax cutting for the wealthy combined with big spending has left us with dangerous levels of debt and the highest level of inequality since the 1920s. And the administration’s failure to impose even basic regulations on the subprime industry has encouraged (although not caused) turmoil on Wall Street.

What is most alarming about Bush’s economic blunders is that he appears to be clueless to the threat our economic vulnerability poses to our sovereignty. Over the last few weeks, sovereign wealth funds (i.e. foreign governments by another name) bought up major stakes (i.e. 5 to 9.9 percent) in the some of the biggest banks on Wall Street such as Citigroup, UBS, Morgan Stanley, and now Merrill Lynch. Bush’s response to foreign governments (and primarily non-democratic governments at that) buying up huge shares of our biggest banks was hardly a response at all. “I’m fine with capital coming in from overseas to help bolster financial institutions,â€

AMEN

Bush is ready able and willing to sell out America, he aids and abetts illegal, corporate world governments etc.

He seems to aid everyone but the people he is suppose to be representing. quite amazing isn't it!!


--------------------------HELP RED ALERT 12/26-------------------
LETS HELP WILLIAM AND TALK RADIO STOP "THE HUCKSTER" WE WILL NOT HAVE AN AMNESTY PRESIDENT !!!
Instruction and contact information at link below(lets go Alipacer's)
http://www.alipac.us/ftopict-95676.html

A qoute I heard somewhere dead from the neck up..
I really think he knows what he is doing every time I see him on TV with the smirk on his face tells me he does..

I also think he is a very smart man.. and he knows what he is doing (I only say smart because he is good at deception). This country is in a huge fiscal crisis and the chickens are going to come home to roost.

This country is about to go on a Roller Coaster Ride, financially with hyper inflation and a falling dollar. Stagflation is going to clean our pipes and i gotta tell you folks "It is going to be a White knuckle Experiance"