OK, maybe I'm a dunderhead, but why do we need massive foreign...

[FormerRepublican]

...investment?

"The looming showdown in Washington prompted some business lobbyists to voice support for Mr Bush's stance on the issue, emphasising that the US's policy on foreign investments should not be politicised and that Congress's backlash against the deal was ultimately grounded in prejudice against Arab companies.

"There is a potential for this to be bad . This is sending a message, not just to the UAE but to Bahrain, Jordan, Oman – not to mention negotiations that are ongoing on a Middle East free trade agreement," said Bruce Josten, executive vice-president at the US Chamber of Commerce, the business lobby group."

http://msnbc.msn.com/id/11508105/

Why is it so critical that we have a massive influx of foreign investment to prop up our economy? In the good old days, the US used to be the largest economy in the world...

[lastknowngood]

1. Because the repugs are spending 1 trillion dollars more each year

than they are taking in in taxes.

[FormerRepublican]

2. That's investment in government debt, not buying up US assets...

[northzax]

3. to balance out the trade deficit

last year about 770 billion dollars left the US in trade inbalances. If it wasn't reinvested in the US, the dollar would crash, as all those people tried to cash in their dollars for their local currency of choice. But with foreign investment, a good chunk of those Dollars return to the US as investments, giving us the cash to continue for another year.

or something to that extent.

[Strelnikov_]

9. Ka-Ching

With oil on the rise, I'm looking for 1 Trillion+ this year.

Know any sheiks that want a few slightly used National Parks?

[John Q. Citizen]

4. We are in hock up to our necks. In the good 'ol days

we paid as we went, or carried at least reasonable balances on the national credit card.

Now that the GOP has stolen, wasted, and mortgaged everything in site, if foreign investment were to dry up, it would be devastating.

[sandnsea]

5. Free Trade = The New World Order

Where there are no borders, no country loyalty, just a few hundred billionaires who control all the world's resources and commerce. The Great Plantation. They need to condition us to accept all the players, only about half of them are from the US, in order for the New World Order to work.

[Lerkfish]

6. funny thing. When you have massive outsourcing, CEOs raiding the till,

massive deficit spending and a war siphoning off billions per month, there is no more american economy. We're screwed. We're quickly becoming bangladesh.

[mom cat]

7. We are flat broke and having to sell ourselves on the street!

[tanyev]

8. You get a kick just for using the word "dunderhead"!

:+