Welcome to the global economy.
We've made the Emirates wealthy by purchasing their oil,
now we b!tch that they choose to spend it here.
What would you have them do with their wealth? We go on
endlessly about how capital should be unfettered and
that the protectionists are misguided, and now this?
The Emirates are our partners whether we like it or not,
by virtue of their having us by the short hairs. Those
that don't like it should reconsider their use of petroleum
products.
UAE can be our trading partners without being given the task of screening cargo coming into our ports.
there is plenty of US stuff for the UAE to buy - they don't "need" to buy the port operations to be our friends. they can buy real estate, department stores, Dominos pizza, fund a NASCAR team, I don't care what else they buy with their money.
It seemed to happen overnight, but has been going on for quite awhile.
We've made the Emirates wealthy by purchasing their oil, now we b!tch that they choose to spend it here.
They won't necessarily spend it here; some of it trickles back into investments and, of course, the $6.8 bil, if it is allowed to stand will recycle part of it back into the economy but most of it will go to palatial estates in the ME. I suppose they purchase some of our products.
What would you have them do with their wealth? We go on endlessly about how capital should be unfettered and that the protectionists are misguided, and now this?
I don't know what they should do with their wealth, and am angry that we got sucked into having to deal with them.
The Emirates are our partners whether we like it or not, by virtue of their having us by the short hairs. Those that don't like it should reconsider their use of petroleum products.
I don't like it. Reconsidering the use of petroleum products would put me out in the cold. I don't trust them, mostly since 9/11. They did help to rout out some terrorists not too long ago, but in the long haul, I wish we didn't have to deal with them. We are stuck now.
What you said is like telling me if I don't like it to leave the country. We should work for a better solution. I am getting to be a protectionist/isolationist because I see nothing good coming from all this except for the wealthy. We have been sold down the river incrementally.
I use very little gas for my little car, don't drive too far. My heating costs for my home have quadrupled over the last 20 years. So I suck it up. Never applied for TRAIN, but more and more people cannot keep up with it.
I don't have a whole lot of confidence in alternative fuels. One way or another, they will sock it to us. One of the things I have been the most grateful for in my life is having my own car.
I'm not looking for an argument about it; that's just the way I feel about it.
"The Emirates are our partners whether we like it or not,
by virtue of their having us by the short hairs. Those
that don't like it should reconsider their use of petroleum
products."
I guess we should have continued to be trading partners with Germany in WW2. Boy, am I a dummy.