The Selling Of America

[Marc Martyn]

With the recent decision of the Supreme Court, I wanted to know how many corporations are foreign owned. The findings are unsettling.

Here's a link to some of the corporations aquired:

http://americawakeup.net/acquisitions.php

Foreign Ownership

According to the website Economy in Crisis, "Foreign ownership refers to ownership of assets of a particular industry by foreign controlled domestic U.S. Corporations (FDC) 50% or more owned by a foreign entity."[1]

By that definition, the percentage of foreign ownership as of 2002 by industrial sector was as follows:[2]

* Sound recording industries - 97%
* Commodity contracts dealing and brokerage - 79%
* Motion picture and sound recording industries - 75%
* Metal ore mining - 65%
* Motion picture and video industries - 64%
* Wineries and distilleries - 64%
* Database, directory, and other publishers - 63%
* Book publishers - 63%
* Cement, concrete, lime, and gypsum product - 62%
* Engine, turbine and power transmission equipment - 57%
* Rubber product - 53%
* Nonmetallic mineral product manufacturing - 53%
* Plastics and rubber products manufacturing - 52%
* Plastics product - 51%
* Other insurance related activities - 51%
* Boiler, tank, and shipping container - 50%
* Glass and glass product - 48%
* Coal mining - 48%
* Sugar and confectionery product - 48%
* Nonmetallic mineral mining and quarrying - 47%
* Advertising and related services - 41%
* Pharmaceutical and medicine - 40%
* Clay, refractory, and other nonmetallic mineral products - 40%
* Securities brokerage - 38%
* Other general purpose machinery - 37%
* Audio and video equipment mfg and reproducing magnetic and optical media -36%

* Support activities for mining - 36%
* Soap, cleaning compound, and toilet preparation - 32%
* Chemical manufacturing - 30%
* Industrial machinery - 30%
* Securities, commodity contracts, and other financial investments and related activities - 30%

* Other food - 29%
* Motor vehicles and parts - 29%
* Machinery manufacturing - 28%
* Other electrical equipment and component - 28%
* Securities and commodity exchanges and other financial investment activities - 27%

* Architectural, engineering, and related services - 26%
* Credit card issuing and other consumer credit - 26%
* Petroleum refineries (including integrated) - 25%
* Navigational, measuring, electromedical, and control instruments - 25%
* Petroleum and coal products manufacturing - 25%
* Transportation equipment manufacturing - 25%
* Commercial and service industry machinery - 25%
* Basic chemical - 24%
* Investment banking and securities dealing - 24%
* Semiconductor and other electronic component - 23%
* Paint, coating, and adhesive - 22%
* Printing and related support activities - 21%
* Chemical product and preparation - 20%
* Iron, steel mills, and steel products - 20%
* Agriculture, construction, and mining machinery - 20%
* Publishing industries - 20%
* Medical equipment and supplies - 20%

[wolverine]

Yup, anything for a buck Americans. Most companies are now run by bean counters who only think about the next quarters p&l. They'd sell their grandmothers if they thought they could get a buck out of them.