Thursday, March 02, 2006

Flat and Flatter

The Dubai Ports World deal is waking Americans up to a painful reality: So-called "conservatives" and "flat world" globalists have bankrupted our nation for their own bag of silver, and in the process are selling off America.

At Common Dreams, Thom Hartmann takes off on When Americans No Longer Own America. He thinks Americans are awakening, but I wonder whether the issue will get anywhere near this year's campaign. Aren't we supposed to be in love with a flat world?

He cites research by Economy in Crisis that draws on US Government statistics indicating the following percentages of foreign ownership of American industry:

· Sound recording industries - 97%
· Commodity contracts dealing and brokerage - 79%
· Motion picture and sound recording industries - 75%
· Metal ore mining - 65%
· Motion picture and video industries - 64%
· Wineries and distilleries - 64%
· Database, directory, and other publishers - 63%
· Book publishers - 63%
· Cement, concrete, lime, and gypsum product - 62%
· Engine, turbine and power transmission equipment - 57%
· Rubber product - 53%
· Nonmetallic mineral product manufacturing - 53%
· Plastics and rubber products manufacturing - 52%
· Plastics product - 51%
· Other insurance related activities - 51%
· Boiler, tank, and shipping container - 50%

And those are just the foreign-majority-owned industries.

Should we be worried? I'm not sure. But we should be talking about it.

(via sideshow.)


Anonymous Anonymous said...

Don't forget munitions productions. We buy a good deal of the stuff that goes boom from other countries.


6:38 AM  
Blogger RisaKanaya said...

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6:56 AM  

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