Content about finance

10.07.09

The United States is being bought up by foreigners. It’s sort of like a rummage sale or a department store bargain basement. Investors are buying up US companies at a record pace and foreign governments are “buying up” the Federal Government through loans to finance Congressional and Presidential deficit spending and corporate bailouts. On one recent day, the stock market reported more than $14 billion in stock acquisitions, some of it in buyout deals by foreign financiers.