Overseas Investors Buy Aggressively in U.S.

itsmeeeeeee · 01-20-2008, 07:58 PM

Title
Overseas Investors Buy Aggressively in U.S.

Link
http://www.nytimes.com/2008/01/20/bu...ss&oref=slogin
-----------------------------------------------------
Excerpt

Overseas Investors Buy Aggressively in U.S.

By PETER S. GOODMAN and LOUISE STORY
Published: January 20, 2008

Last May, a Saudi Arabian conglomerate bought a Massachusetts plastics maker. In November, a French company established a new factory in Adrian, Mich., adding 189 automotive jobs to an area accustomed to layoffs. In December, a British company bought a New Jersey maker of cough syrup.

For much of the world, the United States is now on sale at discount prices. With credit tight, unemployment growing and worries mounting about a potential recession, American business and government leaders are courting foreign money to keep the economy growing. Foreign investors are buying aggressively, taking advantage of American duress and a weak dollar to snap up what many see as bargains, while making inroads to the world’s largest market.

Last year, foreign investors poured a record $414 billion into securing stakes in American companies, factories and other properties through private deals and purchases of publicly traded stock, according to Thomson Financial, a research firm. That was up 90 percent from the previous year and more than double the average for the last decade. It amounted to more than one-fourth of all announced deals for the year, Thomson said.

During the first two weeks of this year, foreign businesses agreed to invest another $22.6 billion for stakes in American companies — more than half the value of all announced deals. If a recession now unfolds and the dollar drops further, the pace could accelerate, economists say...

------------------------------------------------------
Comment:

this is pretty sickening...

yet another aspect of the mess.

Rollerball · 01-20-2008, 09:04 PM

Quote:

Originally Posted by itsmeeeeeee

this is pretty sickening...

yet another aspect of the mess.

I don't know what you're upset about. Bush is going to give us all a big tax rebate so we can go shopping and spend it then everything will be ok again. Our wise leader said so on TV just the other night.

Are YOU not wearing your special rose colored Bush glasses?

itsmeeeeeee · 01-21-2008, 08:43 AM

i never bought a pair of those!

mudwhistle · 01-21-2008, 09:13 AM

Let me get this straight. When the US invests overseas, liberals say it's a bad thing because we have a trade deficit. It's Bush's fault. When other nations invest in the US, liberals say it's a bad thing because we are selling our country. It's Bush's fault.

Bush Derangement Syndrome

Rollerball · 01-21-2008, 09:22 AM

Quote:

Originally Posted by mudwhistle

Let me get this straight. When the US invests overseas, liberals say it's a bad thing because we have a trade deficit. It's Bush's fault. When other nations invest in the US, liberals say it's a bad thing because we are selling our country. It's Bush's fault.

Bush Derangement Syndrome

Still waiting to let you get this straight.

You get two more tries.

Rollerball · 01-21-2008, 09:27 AM

Quote:

Originally Posted by itsmeeeeeee

i never bought a pair of those!

You don't BUY rose colored Bush glasses.
Cheney and Rove sneak into your bedroom in the middle of the night and tape them to your face. They can't afford to wait for people to BUY them.

At least that's the best explanation I can come up with on why some Conservatives see things the way they do.

itsmeeeeeee · 01-21-2008, 12:21 PM

Quote:

Originally Posted by Rollerball

You don't BUY rose colored Bush glasses.
Cheney and Rove sneak into your bedroom in the middle of the night and tape them to your face. They can't afford to wait for people to BUY them.

At least that's the best explanation I can come up with on why some Conservatives see things the way they do.

i see. well, then, i guess my dog must've scared them off!

itsmeeeeeee · 01-21-2008, 12:22 PM

Quote:

Originally Posted by Rollerball

Still waiting to let you get this straight.

You get two more tries.

don't hold your breath!

cheapseats · 02-24-2008, 09:10 AM

Quote:

Originally Posted by itsmeeeeeee

Title
Overseas Investors Buy Aggressively in U.S.

Link
http://www.nytimes.com/2008/01/20/bu...ss&oref=slogin
-----------------------------------------------------
Excerpt

Overseas Investors Buy Aggressively in U.S.

By PETER S. GOODMAN and LOUISE STORY
Published: January 20, 2008

Last May, a Saudi Arabian conglomerate bought a Massachusetts plastics maker. In November, a French company established a new factory in Adrian, Mich., adding 189 automotive jobs to an area accustomed to layoffs. In December, a British company bought a New Jersey maker of cough syrup.

For much of the world, the United States is now on sale at discount prices. With credit tight, unemployment growing and worries mounting about a potential recession, American business and government leaders are courting foreign money to keep the economy growing. Foreign investors are buying aggressively, taking advantage of American duress and a weak dollar to snap up what many see as bargains, while making inroads to the world’s largest market.

Last year, foreign investors poured a record $414 billion into securing stakes in American companies, factories and other properties through private deals and purchases of publicly traded stock, according to Thomson Financial, a research firm. That was up 90 percent from the previous year and more than double the average for the last decade. It amounted to more than one-fourth of all announced deals for the year, Thomson said.

During the first two weeks of this year, foreign businesses agreed to invest another $22.6 billion for stakes in American companies — more than half the value of all announced deals. If a recession now unfolds and the dollar drops further, the pace could accelerate, economists say...

------------------------------------------------------
Comment:

this is pretty sickening...

yet another aspect of the mess.

Gay neighbors...I know, I know, I'm a homophobe...face not-sleep-in-the-park disaster but reversal-of-fortune Setback. Know why? One half of the couple is in antiques of the have-an-eye-and-do-restoration-with-your-own-hands variety. A cut-throat Iranian "businessman" is buying up entire blocks in Los Angeles...and tripling the rent.

La Brea Avenue, Larchmont Village...Melrose Place, I think. Where the mid-range collectible/interior design/gallery types conglomerate. The high-end places are secure. Whew.

I thought we were deliberating about invading Iran.

01-20-2008, 07:58 PM	#1 (permalink)
itsmeeeeeee punk nun Join Date: Nov 2007 Location: 53 miles west of venus Posts: 3,848 My Mood: Blog Entries: 3 Thanks: 218 Thanked 722 Times in 434 Posts	Overseas Investors Buy Aggressively in U.S. Title Overseas Investors Buy Aggressively in U.S. Link http://www.nytimes.com/2008/01/20/bu...ss&oref=slogin ----------------------------------------------------- Excerpt Overseas Investors Buy Aggressively in U.S. By PETER S. GOODMAN and LOUISE STORY Published: January 20, 2008 Last May, a Saudi Arabian conglomerate bought a Massachusetts plastics maker. In November, a French company established a new factory in Adrian, Mich., adding 189 automotive jobs to an area accustomed to layoffs. In December, a British company bought a New Jersey maker of cough syrup. For much of the world, the United States is now on sale at discount prices. With credit tight, unemployment growing and worries mounting about a potential recession, American business and government leaders are courting foreign money to keep the economy growing. Foreign investors are buying aggressively, taking advantage of American duress and a weak dollar to snap up what many see as bargains, while making inroads to the world’s largest market. Last year, foreign investors poured a record $414 billion into securing stakes in American companies, factories and other properties through private deals and purchases of publicly traded stock, according to Thomson Financial, a research firm. That was up 90 percent from the previous year and more than double the average for the last decade. It amounted to more than one-fourth of all announced deals for the year, Thomson said. During the first two weeks of this year, foreign businesses agreed to invest another $22.6 billion for stakes in American companies — more than half the value of all announced deals. If a recession now unfolds and the dollar drops further, the pace could accelerate, economists say... ------------------------------------------------------ Comment: this is pretty sickening... yet another aspect of the mess. __________________ "NEVER underestimate the Democrat's ability to snatch DEFEAT from the jaws of victory."
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01-21-2008, 08:43 AM	#3 (permalink)
itsmeeeeeee punk nun Join Date: Nov 2007 Location: 53 miles west of venus Posts: 3,848 My Mood: Blog Entries: 3 Thanks: 218 Thanked 722 Times in 434 Posts	i never bought a pair of those! __________________ "NEVER underestimate the Democrat's ability to snatch DEFEAT from the jaws of victory."
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01-21-2008, 09:13 AM	#4 (permalink)
mudwhistle Banned Join Date: Nov 2007 Location: Tennessee Posts: 949 Thanks: 178 Thanked 34 Times in 20 Posts	Let me get this straight. When the US invests overseas, liberals say it's a bad thing because we have a trade deficit. It's Bush's fault. When other nations invest in the US, liberals say it's a bad thing because we are selling our country. It's Bush's fault. Bush Derangement Syndrome
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