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Try this on for size...PetePierson wrote: ↑Thu Jul 18, 2024 12:36 pmI am down with not being involved with any country at all levels. All this talk about a "Global Economy"... We can produce pretty much anything in the lower 48. Sure, it will be more expensive at first but when we zero out the 100's of billions (including military) in annual foreign aid, that money can be used as a supplement to American Citizens.emby wrote: ↑Thu Jul 18, 2024 12:27 pm Where you and I diverge is how to proceed from there.
End the colonialization and rule by proxy of central and south America and I promise you immigration from those nations will slow down considerably.
If you're going to be ruled from Washington DC you may as well be where the money ends up.
I have become an isolationist the last few years.....
There is no such thing as "American based corporations" anymore.
Obviously, I'm not talking about mom and pop running the local greasy spoon. I'm talking about...General Electric. GE was and is one of the American Icon corporations. But today, institutional investors from around the world own those companies. Hedge funds and private equity have no allegiance to the US government aside from the interests of it's own business dealings and the sensibilities of any US citizens who happen to work there.
As all corporations are flow through entities for their investors, no amount of government corruption in Washington could disperse as much American wealth as quickly around the world as the publicly traded corporation. Gordon Gekko doesn't live in New York anymore. He more often than not lives in Dublin, or Dubai, or Kuala Lumpur, or Tel Aviv.
Is taxation theft in this instance or collecting due rent?