Secretary Snow: Concerned about countries pulling out investments...

[harpo]

March 30, 2006
JS-4143

The Honorable John W. Snow
Prepared Remarks
Edison Electric Institute Board of Directors

<snip>

I'm particularly concerned these days about enacting policy changes that would prompt companies from other countries to scale back or pull back their investments in the United States.

http://www.treas.gov/press/releases/js4143.htm

[stop the bleeding]

1. umm... you mean like lowering the Fed interest rates while the

rest of the global economy has rising rates, yep that will make countries that are holding up the dollar leave for better investments.


Snow should be concerned and so should Bernacki(sorry if spelled wrong)

[ClintonTyree]

2. Soaring U.S. debt should have him worried...........

tell your buddy, the pretzlenit, to stop spending money we don't have. A very immediate way to do that would be to pull out of Iraq. NOW! A half-trillion dollars down the shitter because monkey-boy had a hard on for a war. He wanted to be a, "war pretzlenit". How can the members of his family even sit down to dinner with this moron? Yeah, I know......the BFEE and all but jumpin' jesus, doesn't this clan have a shred of decency within them? :wtf:

[enid602]

3. worry

He should worry about his citizens doing the same; more and more people are diversifying their 401K's by buying stock and bond mutual funds which hold foreing assets.

[blogslut]

4. Companies like...

CSX World Terminals > sold to Dubai Ports World > CSX World Terminals was a division of CSX Corporation > CSX Corporation former CEO John W. Snow?

[harpo]

6. oh yeah...I recall something on that

[C_U_L8R]

5. With so much reichwing corruption and debt

who would be dumb enough to invest here?