Glock Talk
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05-09-2012, 16:35
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#1
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Senior Member
Join Date: Dec 2005
Posts: 4,816
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Fed clears China's first US bank takeover
Quote:
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Fed clears China's first US bank takeover
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Quote:
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The United States on Wednesday opened its banking market to ICBC, China's biggest bank, for the first time clearing a takeover of a US bank by a Chinese state-controlled company.
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http://ca.news.yahoo.com/3-big-chine...185200086.html
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05-09-2012, 16:46
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#2
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Senior Member
Join Date: Apr 2006
Location: USA
Posts: 5,239
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Let the games begin.
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05-09-2012, 17:48
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#3
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CLM Number 301
Anti-Federalist
Join Date: Oct 2000
Location: Lakeland, FL.
Posts: 8,809
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Quote:
Originally Posted by itstime
Let the games begin.
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Just getting ready to post this.
It begins.
__________________
Sappers Forward
841st Eng (Cbt/Hvy) 81ARCOM, 84th Eng (Cbt/Hvy) 2ACR, 40th Eng (Mech) 1AD, 588th Eng (Mech) 4ID
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05-09-2012, 17:59
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#4
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Silver Membership
MAJ (USA Ret.)
Join Date: Feb 2005
Location: Republic of Texas
Posts: 36,324
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Hang on, it's gonna be a wild ride.
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05-09-2012, 19:51
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#5
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Senior Member
Join Date: Feb 2012
Location: Los Angeles, Man, Los Angeles
Posts: 832
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Since most of the too big to fails are technically insolvent and bankrupt, this is no surprise. Just another way to keep the ponzi scheme going just like giving China WTO status in 2000 so they could buy US Treasuries to prop up our dollar.
__________________
G21~G26~G30~G34
A morsel of genuine history is a thing so rare as to be always valuable.
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05-10-2012, 06:11
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#6
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Senior Member
Join Date: Oct 2007
Location: Pennsylvania
Posts: 3,075
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"The Capitalists will sell us the rope with which we will hang them.” - Vladimir Lenin
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05-10-2012, 06:16
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#7
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No Compromise
Join Date: Sep 2009
Location: The Left Coast
Posts: 5,368
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I'm sure which ever Marx brother wins the presidency this year will look out for our best interests.
__________________
Proud to be an infidel!
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05-10-2012, 06:28
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#8
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Silver Membership
MAJ (USA Ret.)
Join Date: Feb 2005
Location: Republic of Texas
Posts: 36,324
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Quote:
Originally Posted by The Machinist
I'm sure which ever Marx brother wins the presidency this year will look out for our best interests.
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You're starting to sound like a one note symphony. Talking up your guy's a losing battle, so you talk down rveryone else.
We are all allowed a minuscule amount of power to decide who gets elected. That's not fun when you picked a team likely to lose, but somebody has to win.
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05-10-2012, 11:21
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#9
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Senior Member
Join Date: Apr 2006
Location: USA
Posts: 5,239
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Quote:
Originally Posted by Flying-Dutchman
"The Capitalists will sell us the rope with which we will hang them.” - Vladimir Lenin
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I have to remember this.
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05-10-2012, 08:06
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#10
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Silver Membership
Watcher.
Join Date: Jun 2007
Location: Acme proving grounds.
Posts: 23,604
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Another nail in the coffin.'08.
__________________
I'd rather be judged by 12 than carried by 6
If you look like food,You will be eaten.
Rip Chad.You will be missed.
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05-10-2012, 08:19
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#11
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Prickley Fan
Join Date: Sep 2002
Location: West Warwick, RI
Posts: 15,238
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We've had Santander (Spain) and Royal Bank of Scotland (UK) taking over banks here for years and maybe others so I really don't see any new news with Red China becoming involved with purchases. Am I happy about it...no...but it's not something that doesn't already exist.
__________________
"What I want most from the government is to be left alone." GWT
"Don't take my, or anyone else's, word for anything. Look it up for yourself." William Cooper on The Hour of The Time
http://CleanAndSafeGuns.com
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05-10-2012, 10:25
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#12
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Silver Membership
Watcher.
Join Date: Jun 2007
Location: Acme proving grounds.
Posts: 23,604
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Neither of those entities have most of our national debt under their control.'08.
__________________
I'd rather be judged by 12 than carried by 6
If you look like food,You will be eaten.
Rip Chad.You will be missed.
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05-10-2012, 11:00
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#13
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Senior Member
Join Date: Mar 2008
Posts: 2,252
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Quote:
Originally Posted by kirgi08
Neither of those entities have most of our national debt under their control.'08.
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no, but they have a lot of it. and it seems to be growing. this would seem to be a worrying event.
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