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Who Owns America?Follow

#1 Dec 03 2008 at 6:51 PM Rating: Good
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If you had to write a paper on who owns America for a International Business class, what would you write about?

I want to help Mr. Tare with some research but I have very little expertise on the subject. Need a point in some direction...

Helpplskkthx...
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#2 Dec 03 2008 at 6:57 PM Rating: Excellent
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hmm, good question. I think I'd go with the media conglomerates...I'd probably go with Rupert Murdoch.

Like this.

Nexa
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#3 Dec 03 2008 at 7:01 PM Rating: Excellent
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#4 Dec 03 2008 at 7:06 PM Rating: Good
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You can look at who is the biggest business partner of the US and who finances most of the debt.

The most likely answer would be China.

If your husband has access to jstor (or any other good online articles database) via his university, he can find about 100 articles related to this in the past 3-4 years.
#5 Dec 03 2008 at 7:08 PM Rating: Excellent
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shykre wrote:
You can look at who is the biggest business partner of the US and who finances most of the debt.

The most likely answer would be China.

If your husband has access to jstor (or any other good online articles database) via his university, he can find about 100 articles related to this in the past 3-4 years.


For an international business class, this would probably be the best bet...I didn't really read the question, because I'm tired and useless. Also: dirty socialist.

Nexa
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#6 Dec 03 2008 at 7:11 PM Rating: Good
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Lady Tare wrote:
If you had to write a paper on who owns America for a International Business class, what would you write about?

I want to help Mr. Tare with some research but I have very little expertise on the subject. Need a point in some direction...

Helpplskkthx...


I was going to say "Your Mom" and then I remembered this wasn't the OOT. Hahahah.

I'd look at the movement of corporates becoming multinational and less able to be regulated by the government as an essential shift of power.

Edited, Dec 3rd 2008 10:13pm by Annabella
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#7 Dec 04 2008 at 4:45 AM Rating: Excellent
If I had to write it, I'd start by trying to define the terms. "own" is linked to property rights, so it must refer to ownership of things that make the "material" America: goods, land, money, services, intellectual property, etc... Clearly there isn't a single entity that "owns" all of this. Each of those categories of property will be owned, in differing proportions, by the US government, corporations, individuals, foreign nations, etc. Since its a business class, you should obviously put an emphasis on the financing of all this, who provides the funds to keep it all going, investment vehicles, banks, pension funds, both at home and those from abroad.

And then you'll conclude that America is owned by a myriad of financial interests, some from abroad, some from home, some you vote for, some that are just born there, etc...

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#8 Dec 04 2008 at 5:17 AM Rating: Excellent
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#9 Dec 04 2008 at 5:57 AM Rating: Good
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Foreign ownership of US companies:

Good? Bad? A necessary evil? Makes America great?

I think this is the route I'll be taking...interested in your thoughts, of course.

And thanks, btw, for the input already. You people are teh smrt.
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#10 Dec 04 2008 at 6:51 AM Rating: Decent
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Quote:
If I had to write it, I'd start by trying to define the terms.


Agree. "Ownership" is, in legal terms, the right to exercise dominion over something (in other words, control). When ownership is split, different entities have rights to varying levels of control over different aspects of the property.

So I'd say Red's is the most complete answer. Who owns your house if it's mortgaged? You do. But of course the bank owns a security interest. You can't really own it completely when you owe other people for it. Same thing for America, assuming the creditor could use the debt to assume control of it.

#11 Dec 04 2008 at 7:22 AM Rating: Good
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The federal reserve.
#12 Dec 04 2008 at 8:38 AM Rating: Good
Ahkuraj wrote:
Who owns your house if it's mortgaged? You do. But of course the bank owns a security interest. You can't really own it completely when you owe other people for it. Same thing for America, assuming the creditor could use the debt to assume control of it.



Well that's not true at all.

You think you own it but because of the Senior Lien on the property, you "own" an interest in it. So until such time that every lien is payed in full with a release, you own nothing.

Kind of like America.

I'm just gonna go ahead and say it: The Illumchinati.
#13 Dec 04 2008 at 9:28 AM Rating: Decent
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So until such time that every lien is payed in full with a release, you own nothing.


Wrong. You own more than nothing. You can tell people to "get off of my property" even though the bank owns a security interest. You can paint your kitchen without asking someone else's permission (unless you have a wife). You can knock down the fence without having to compensate someone else for the damages. You could not do that if you owned nothing.

The local government and/or utility companies own easements to reach power lines, phone lines, water lines, etc. They can knock down a fence if you put one up that interferes with their access. The mortgage company can do none of these things as long as you keep up on your payments.

That's the "right to exercise dominion" I was talking about.

You own most of the ownership rights with some exceptions (like easements); the mortgage company owns a security interest which gives them no control over the property except for what is written in the mortgage agreement.

So you own most of the rights, you just don't own all of them ... ever ... even after you pay off all of the liens.
#14 Dec 04 2008 at 10:02 AM Rating: Decent
China, Japan, India.
#15 Dec 04 2008 at 10:16 AM Rating: Good
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China, Japan, India.


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#16 Dec 04 2008 at 10:27 AM Rating: Decent
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You could go with the upbeat, positive approach and suggest that America is owned by Americans (and a few displaced canucks).
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#17 Dec 04 2008 at 10:37 AM Rating: Decent
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The terrorist. They pwnded US before and they'll do it again.
#18 Dec 04 2008 at 2:57 PM Rating: Decent
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If you had to write a paper on who owns America for a International Business class, what would you write about?


Does he want to do well, or to be honest? It's a legitimate question. If he want's to do well, he should write about investors, foreign and domestic, and the magical egalitarian nature of US Capitalism that allows billions of people the world over to "own" their own little piece of the greatest nation ever to inhabit the globe.

If he wants to be honest, he should write about the tiny subset of the world population that owns or controls the vast majority of wealth and equity in the US.

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