China & The Middle East Are Awash In U.S.A. Dollars .

        There is a huge dollar drain going out of the U.S. to the Middle East for Oil and to China for manufactured goods. As a result  these two country are awash in dollars.   What will they do with all that cash?   It’s a ‘no brainier’…buy the United States.

        Word is in that China’s Citic Securities would acquire up to a 9.9 percent stake in Bear Stearns.   This joint venture marks the very first time an entity controlled by..you guest it…the Beijing government would have a significant stake in a major Wall Street investment bank.

        Its not that just the Chinese are busy eyeing America with all their ready cash.   Some of our toll roads are now controlled by foreign entities.   The Mid-Eastern governments are busy too.   Senator Charles Schumer (D-NY) expressed concern last month over a minority stake of 19.9 percent in the Nasdaq Stock Market by a Dubai state-controlled investment firm.  

        With all this cash being sucked out of the United States going to other powers … they have to do something with all that money.   What is better than to BUY AMERICA.