TheTownCrier

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Saturday, March 04, 2006

Free Trade - Mangos for Nuclear tech - Such a deal!


TheTownCrier Editorial

The president is overseas making trade deals again. We're getting mangos from India and they're getting our nuclear technologies.

With all this free trade and foreign governments buying up US assets as well as operating terminals in our sea ports, let's be reminded just how much of "our" country and what we once produced is now being operated and own by foreign entities.

As www.economyincrisis.com notes, US Government statistics indicate 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% · Glass and glass product - 48% · Coal mining - 48% · Sugar and confectionery product - 48% · Nonmetallic mineral mining and quarrying - 47% · Advertising and related services - 41% · Pharmaceutical and medicine - 40% · Clay, refractory, and other nonmetallic mineral products - 40% · Securities brokerage - 38% · Other general purpose machinery - 37% · Audio and video equipment mfg and reproducing magnetic and optical media - 36% · Support activities for mining - 36% · Soap, cleaning compound, and toilet preparation - 32% · Chemical manufacturing - 30% · Industrial machinery - 30% · Securities, commodity contracts, and other financial investments and related activities - 30% · Other food - 29% · Motor vehicles and parts - 29% · Machinery manufacturing - 28% · Other electrical equipment and component - 28% · Securities and commodity exchanges and other financial investment activities - 27% · Architectural, engineering, and related services - 26% · Credit card issuing and other consumer credit - 26% · Petroleum refineries (including integrated) - 25% · Navigational, measuring, electromedical, and control instruments - 25% · Petroleum and coal products manufacturing - 25% · Transportation equipment manufacturing - 25% · Commercial and service industry machinery - 25% · Basic chemical - 24% · Investment banking and securities dealing - 24% · Semiconductor and other electronic component - 23% · Paint, coating, and adhesive - 22% · Printing and related support activities - 21% · Chemical product and preparation - 20% · Iron, steel mills, and steel products - 20% · Agriculture, construction, and mining machinery - 20% · Publishing industries - 20% · Medical equipment and supplies - 20%


NOW, think about the foreign visas handed out by the millions for jobs and the illegal alien invasion. Did you know our border guard uniforms are made in Mexico??

Good weekend, all!

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