I'm not upset about Saudi and Chinese control over U.S. interests because they're furriners. I'm upset because of who they are, because (e.g.) of the story about a Saudi prince who had the clout to get the word "Muslim" taken out of a story on Fox about terrorism, because of the spreading of wahabbism, etc. The Chinese, for the moment, appear to be doing less harm with their influence, but that a hefty chunk of the money is one way or another going to fund a communist army is no mean consideration.Lydia commenting on "Betraying the Magic." By Jeff Martin, What’s Wrong with the World, 8/5/07 (emphasis added).
I am not similarly bothered about Irish ownership of a plastics company in Cincinnati at which a friend of mine works. If they were spreading the IRA's ideology, that would, of course, be different.
Once again, it depends on who the "controllers" are. Moral distinctions must be made, not simply appeals to national identity and the dislike of foreign investment.
December 8, 2007
Some good sense on foreign investment.
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