Who won WWII???? Germans buying NY Stock Exchange.

[OHdem10]

Globalization marches on.


Erin Burnette, Business Reporter, Morning Joe reported
Germany is buying the NY Stock Exchange.

[xchrom]

1. i think the germans are good allies of the U.S. -- i don't what world war 2 has to do with this. nt

[OHdem10]

13. There is an older generation who will have this reaction.

Same as when the Japanese bought Pebble Beach and
other American Landmarks.

Germany is a good ally. I admire them for the way
they "protected" their country's interest looking
out for their workers during Globalization and therefore
have become most successful.

[Warren Stupidity]

17. so you are pandering to octogenarian xenophobia?

seriously?

[Horse with no Name]

2. Maybe they will regulate it

It could be a good thing.

[marmar]

6. Regulatory authority will still fall under the SEC......

... which means regulation will remain laissez-faire.

[marmar]

3. So the Casino will pass from American Mob Bosses to German Mob Bosses.....

...... the fleecing of the world will continue unabated.

[CTyankee]

8. I didn't know there WAS German mob bosses...

I do know that corporations in Germany are required to have their Boards of Directors have half of their members be workers in the company. AND, unions are respected in Germany and their membership is high.

[marmar]

10. key word: IN Germany

New sandbox. New rules.

[SidDithers]

4. It's merger mania...

Singapore recently bought the Australian Exchange, and yesterday the a merger between London and Toronto was announced.

Sid

[razorman]

5. Twenty years ago, the Japanese were buying up property all over the U.S.

People were in a panic that they were taking over America. Now, their economy is in the tank, too. So, I will wait and watch a while before I start sweating this too much.

[CTyankee]

16. I remember how shocked I was to learn that the Japanese had bought Radio City Music Hall.

I don't know why I was so shocked...maybe it was just symbolic...

[FreakinDJ]

7. Thank a "Free Trade Advocate"

We are the only country practicing "Free Trade" - the rest are practicing "Predatory Trade"

[pampango]

19. We're #19 in "free trade". Behind Canada, Australia, New Zealand and most European countries.

http://www.weforum.org/pdf/GETR10/Global-Enabling-Trade-Report-2010.pdf

World Economic Forum's 2010 Enabling Trade Index ("a yardstick of the extent to which countries enjoy the factors facilitating the free flow of goods between countries")

Country........................2010...Score...2009
Singapore........................ 1...... 6.06...... 1
Hong Kong SAR ................2...... 5.70. .....2
Denmark .........................3...... 5.41...... 4
Sweden ...........................4...... 5.41...... 5
Switzerland ......................5....... 5.37..... 3
New Zealand.................... 6....... 5.33.... 11
Norway............................ 7....... 5.32..... 7
Canada............................ 8....... 5.29..... 6
Luxembourg..................... 9....... 5.28.... 13
Netherlands ....................10....... 5.26.... 10
Iceland ............................11...... 5.26.... n/a
Finland............................ 12...... 5.25...... 8
Germany .........................13...... 5.20..... 12
Austria ...........................14....... 5.17...... 9
Australia ........................15....... 5.13..... 14
United Arab Emirates........ 16....... 5.12..... 18
United Kingdom ...............17....... 5.06.... 20
Chile ..............................18....... 5.06.... 19
United States .................19....... 5.03.... 16
France ............................20....... 5.02.... 17

[FreakinDJ]

21. Written by the same "Cap & Trade" fucks

Like that plan isn't a Lesson in Disaster and 1/2 those countries above us in your little chart are imposing HUGE Cuts in Social Programs or just plain outright BANKRUPT because their "Free Trade Policies" are working SO WELL

[lame54]

9. who owns it?

[Lars77]

11. How the hell is a stock exchange even somethink that can be bought and sold?

The world of finance is absurd. The stock market should be a government building with people in it buying and selling. Done deal.

[MilesColtrane]

18. NYSE went from being a non-profit corporation to a publicly traded company in 2008.

It has been owned by multi-national NYSE Euronext since then.

Call me naive, but it does seem that allowing foreign ownership of a pillar of your national economy goes against a key concept of national security.

But, when there's money to made, those concerns go right out the window these days.

[rfranklin]

12. Oh, how do they manage while they have all those social costs...

like unemployment, health care and retirement guaranteed?

[OHdem10]

14. The big secret is Social Democracies work.

[RainDog]

15. the socialists won WWII - in Germany - and they have made that nation stronger

than the U.S., economically.

for a while the socialists also had power in the U.S. and our economy was stronger, too.

since the right wing capitalists have taken over, they have sent the economy of the U.S. into the shitter again and again and yet the media refuses to connect the dots for the American people.

[RKP5637]

20. And the Americans, many, refuse to listen to those that do attempt to

connect the dots for them.

[spanone]

22. didn't the germans attack pearl harbor?

[intaglio]

23. Don't mention the war!

as Basil says http://www.youtube.com/watch?v=7xnNhzgcWTk

[WinkyDink]

27. I thought you said "herring"!

[Blue_Tires]

24. am I the only one who didn't know the NYSE could be 'bought'??

[GeorgeGist]

25. Certainly you didn't think the World ....

won WWII!

[WinkyDink]

26. And they laughed when, 20 years ago, some warned about a rule by a small oligarchy.