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How many on this board know this is happening?

Posted on 9/24/21 at 1:46 pm
Posted by alatxtgr
The Nation of Texas
Member since Sep 2006
2287 posts
Posted on 9/24/21 at 1:46 pm
Welcome to the United States of China 2. This is why the Dems/press got rid of
President Trump, as he saw what was happening and they didn't like it.

A Little Dose of Reality.

In the future China will employ millions of American workers and
dominate thousands of small communities all over the United States .
Chinese acquisition of U.S. businesses set a new all-time record last
year, and it is on pace to shatter that record this year.

The Smithfield Foods acquisition is an example. Smithfield Foods is
the largest pork producer and processor in the world. It has
facilities in 26 U.S. states and it employs tens of thousands of
Americans. It directly owns 460 farms and has contracts with
approximately 2,100 others.

But in 2013, during the Obama/Biden Administration, a Chinese company
bought it and its subsidiaries, for $ 4.7 billion, and that means that
the Chinese will now be the most important employer in dozens of rural
communities all over America.

Thanks in part to our massively bloated trade deficit with China, the
Chinese have trillions of dollars to spend. They are only just
starting to exercise their economic muscle.

It is important to keep in mind that there is often not much of a
difference between “the Chinese government” and “Chinese
corporations”. In 2011, 43 percent of all profits in China were
produced by companies where the Chinese government had a controlling
interest in.

Last year a Chinese company spent $2.6 billion to purchase AMC
entertainment – one of the largest movie theater chains in the United
States. Now that Chinese company controls more movie ticket sales than
anyone else in the world.

But China is not just relying on acquisitions to expand its economic power.

“Economic beachheads” are being established all over America. For
example, Golden Dragon Precise Copper Tube Group, Inc. recently broke
ground on a $100 million plant in Thomasville, Alabama. Many of the
residents of Thomasville, Alabama will be glad to have jobs, but it
will also become yet another community that will now be heavily
dependent on communist China.

And guess where else Chinese companies are putting down roots? Detroit.

Chinese-owned companies are investing in American businesses and new
vehicle technology, selling everything from seat belts to shock
absorbers in retail stores, and hiring experienced engineers and
designers in an effort to soak up the talent and expertise of domestic
automakers and their suppliers. If you recently purchased an
“American-made” vehicle, there is a really good chance that it has a
number of Chinese parts in it. Industry analysts are hard-pressed to
put a number on the Chinese suppliers operating in the United States.

China seems particularly interested in acquiring energy resources in
the United States.

For example, China is actually mining for coal in the mountains of Tennessee.

Guizhou Gouchuang Energy Holdings Group spent $616 million dollars to
acquire Triple H Coal Co. in Jacksboro, Tennessee. At the time, that
acquisition really didn’t make much news, but now a group of
conservatives in Tennessee is trying to stop the Chinese from blowing
up their mountains and taking their coal.

And pretty soon China may want to build entire cities in the United
States just like they have been doing in other countries. Right now,
China is actually building a city larger than Manhattan just outside
Minsk, the capital of Belarus.

Are you starting to get the picture?

China is on the rise. If you doubt this, just read the following:

* When you total up all imports and exports, China is now the number
one trading nation on the entire planet.
* Overall, the U.S. has run a trade deficit with China over the past
decade that comes to more than 2.3 trillion dollars.
* China has more foreign currency reserves than anyone else on the planet.
* China now has the largest new car market in the entire world.
* China now produces more than twice as many automobiles as the
United States does.
* After being bailed out by U.S. taxpayers, GM is involved in 11 joint
ventures with Chinese companies.
* China is the number one gold producer in the world.
* The uniforms for the U.S. Olympic team were made in China.
* 85% of all artificial Christmas trees the world over are made in China.
* The new World Trade Center tower in New York is going to include
glass imported from China .
* China now consumes more energy than the United States does.
* China is now in aggregate the leading manufacturer of goods in the
entire world.
* China uses more cement than the rest of the world combined.
* China is now the number one producer of wind and solar power on the
entire globe.
* China produces 3 times as much coal and 11 times as much steel as
the United States does.
* China produces more than 90 percent of the global supply of rare
earth elements.
* China is now the number one supplier of components that are
critical to the operation of any national defense system.
* In published scientific research articles China is expected to
become the number one in the world very shortly.

Citing the nonpartisan economic think-tank Paulson Institute, an
American Security Institute report underscores that "Chinese firms and
investors own a controlling majority in nearly 2,400 U.S. companies."
In addition to owning Smithfield and its subsidiaries, General
Electric Appliance Division, IBM, General Motors, Spotify, Snapchat,
Hilton Hotels, AMC Theaters, Tik Tok, and many others -- purchases
that predominately occurred during the Obama/Biden Administration --
they also own The Chicago Stock Exchange, Legend Entertainment Group
(movie studios... maker of such films as Jurassic Park), The Waldorf
Astoria, Strategic Hotels and Resorts, Riot Games, Motorola, Ingram
Micro (distributor of iPhones), Sheraton Universal and Marriott
Downtown in Los Angeles, Terex Corporation (earth moving equipment
that used to be owned by GM), Teledyne Continental Engines (aircraft
powerplants), Morgan Stanley, VISA, Blackstone, Ford, Chesapeake
Energy, and American social news aggregation site Reddit.

Most of the money borrowed by the U.S. Government comes from China and
we pay it back with interest. All of the spending Biden wants to do
for his "infrastructure plan" and is doing will be done WITH MONEY
BORROWED FROM CHINA. In 2015, at the tail end of the Obama/Biden
Administration, China had an estimated $4 trillion of foreign reserves
stashed away in various foreign investments. The United States was the
largest recipient of Chinese money back then.

So the next time you wonder why China has such influence, even in the
US, you will already have an idea why.

In recent years, the Chinese have regarded America as one big yard
sale, snatching up distressed companies and anything else that gives
the world’s second-largest economy a leg up on U.S. technology at
bargain-basement prices. That giant shopping spree is financed by a
currency that -- unlike the dollar -- is controlled by the government.

President Donald Trump was well aware of this. He labeled China a
“currency manipulator,” slapped its products with huge tariffs and
promised to bring back jobs from overseas.

However, by owning U.S. businesses, the Chinese control the products
these companies produce and the people they employ. Dislodging China’s
grip on American business will require a lot more than tough talk.
Posted by BRgetthenet
Member since Oct 2011
117717 posts
Posted on 9/24/21 at 1:52 pm to
China is asshoe
Posted by ThermoDynamicTiger
Baton Rouge
Member since Jul 2008
1288 posts
Posted on 9/24/21 at 2:09 pm to
How the frick we allow the chinese to buy and invest in american companies/land is beyond me.
Posted by crash1211
Houma
Member since May 2008
3140 posts
Posted on 9/24/21 at 2:11 pm to
I remember the 80's the same thing was said about Japan, and then they had their Lost Decade that became more like 20 years, and it was started off by a bubble. The same thing can happen to China, and I suspect it will.
Posted by TNTigerman
James Island
Member since Sep 2012
10489 posts
Posted on 9/24/21 at 2:13 pm to
They’re doing well.
Posted by Powerman
Member since Jan 2004
162231 posts
Posted on 9/24/21 at 2:14 pm to
We allow foreign investment from a lot of other countries not named China.

There should be huge penalties for American owned corporations to sell out to any foreign countries or it should likely be outright banned.

I don't have an issue with people like Toyota or BMW building plants here. That's a win for Americans.

Selling corporations and/or land to a state run economy is a terrible idea.
Posted by elcid
Band Camp
Member since Mar 2007
3036 posts
Posted on 9/24/21 at 2:17 pm to
no wonder they are outlawing bitcoin
Posted by JJJimmyJimJames
Southern States
Member since May 2020
18496 posts
Posted on 9/24/21 at 2:28 pm to
Japan was never a belligerent in the 80s, 90s or since.

China is actively buy huge tracts of land here. We need to nationalize any that can be traced in any way to their government
This post was edited on 9/24/21 at 2:30 pm
Posted by crash1211
Houma
Member since May 2008
3140 posts
Posted on 9/24/21 at 2:36 pm to
quote:

China is actively buy huge tracts of land here. We need to nationalize any that can be traced in any way to their government


Look I think China is a-hole also, but
Japan in business was very belligerent, and Japan bought a shite load of real estate in the US during the 80's.
Business Insider
This post was edited on 9/24/21 at 2:46 pm
Posted by RickDorf
Nothing to prove Nothing to lose
Member since Jan 2021
3294 posts
Posted on 9/24/21 at 2:39 pm to
quote:

there is NO
difference between “the Chinese government” and “Chinese
corporations”.


fify
Posted by Tigers2010a
Member since Jul 2021
3627 posts
Posted on 9/24/21 at 2:46 pm to
quote:

Look I think China is a-hole also, but
Japan bought a shite load of real estate in the US during the 80's


Shouldn't have happened then and shouldn't happen now. Foreign companies can rent the land but not buy.
Posted by JJJimmyJimJames
Southern States
Member since May 2020
18496 posts
Posted on 9/24/21 at 3:53 pm to
I have knowledge that Chinese interests are buying large tracts of land in S Mississippi and S Alabama along with Texas.. I know one owner told them to F off but others have sold out. We should nationalize all Chinese purchases land.
Posted by zatetic
Member since Nov 2015
5677 posts
Posted on 9/24/21 at 4:28 pm to
quote:


In the future China will employ millions of American workers and
dominate thousands of small communities all over the United States .


Somewhere along the line you people need to look at the CEOs of our big corporations, especially in big industries like banking, the press, really almost everything and realize United States citizens aren't the ones at the top. At best they are often dual citizens or only married to them. The United States corporate structure isn't ruled by the United States, it has been subverted by that notorious group of internationalists.

All this selling out to China is because we had already sold out to someone else long ago.
This post was edited on 9/24/21 at 4:30 pm
Posted by Sail33or
Member since Jan 2021
145 posts
Posted on 9/24/21 at 4:39 pm to
But Hunter needs to sell his paintings.

We deserve everything that is coming.

If the last 6 months doesn't even cause the slightest civil unrest, then just let us go down quickly so at least I can watch liberals wailing and gnashing their teeth in the street with the rest of us.
Posted by PsychTiger
Member since Jul 2004
99059 posts
Posted on 9/24/21 at 4:43 pm to
quote:

Smithfield Foods is the largest pork producer and processor in the world. It has facilities in 26 U.S. states and it employs tens of thousands of Americans.


On the bright side, they don’t have to worry about all the Afghan folks we imported taking their jobs.
Posted by FightinTigersDammit
Louisiana North
Member since Mar 2006
34683 posts
Posted on 9/24/21 at 4:44 pm to
quote:

How the frick we allow the chinese to buy and invest in american companies/land is beyond me.



"Capitalists will sell us the rope we hang them with".
Nikita Kruschev
Posted by Daequalizer
Member since Aug 2021
1310 posts
Posted on 9/24/21 at 4:46 pm to
It's pronounced J-EYE-NAH
Posted by BuckyCheese
Member since Jan 2015
49388 posts
Posted on 9/24/21 at 4:47 pm to
The difference between the Jap's and China is the media actually reported on them buying up loads of real estate and businesses.
Posted by Chazreinhold
Utah
Member since Oct 2020
5765 posts
Posted on 9/24/21 at 4:48 pm to
They are shooting to control our food supplies as well as our energy grids.
Posted by Nicky Parrish
Member since Apr 2016
7098 posts
Posted on 9/24/21 at 5:10 pm to
quote:

How the frick we allow the chinese to buy and invest in american companies/land is beyond me.

One word is kickbacks.
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