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Chinese developer buys LA site for $1b project
China Daily ^
| July 27, 2013
| By MICHAEL BARRIS
Posted on 07/27/2013 5:14:38 AM PDT by Oldeconomybuyer
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To: Oldeconomybuyer
What difference does it make?
The already own Washington.
2
posted on
07/27/2013 5:16:59 AM PDT
by
EQAndyBuzz
(The reason we own guns is to protect ourselves from those wanting to take our guns from us.)
To: Oldeconomybuyer
A wonderful use of the US dollars held by Chinese in exchange for stuff sold by Walmart. When they use dollars to buy our land, we get the dollars back and we still have the land if only because it is the one asset they can’t take back to China with them.
To: theBuckwheat
Ahh, I guess you don't see how the payment for the land is a one time gain, but the building (with all the profit) is a lifelong sucking of money away from the country?
4
posted on
07/27/2013 5:21:41 AM PDT
by
Vision
(Political Correctness is unAmerican)
To: theBuckwheat
and Target......
It’s 1982 all over again. This time the money is being spent by Chicaps rather than Jananese
5
posted on
07/27/2013 5:22:33 AM PDT
by
bert
((K.E. N.P. N.C. +12 ..... Travon... Felony assault and battery hate crime)
To: Oldeconomybuyer
My lifelong dream has been to be a tenant of the heirs to the power and glory of “The Great Helmsman” himself.Pacific Time Zone...here I come!
To: Oldeconomybuyer
eminent domain, America sold to the highest bidder, purchased one deal at a time
7
posted on
07/27/2013 5:26:36 AM PDT
by
silverleaf
(Age Takes a Toll: Please Have Exact Change)
To: Oldeconomybuyer
I would look beyond this deal to see what else the Chinese get for bailing out the insolvent[?] teachers' retirement program.
8
posted on
07/27/2013 5:43:44 AM PDT
by
Paine in the Neck
(Is John's moustache long enough YET?)
To: Oldeconomybuyer
The U.S. sends dollars to China, China takes the dollars to the U.S. and buys whatever it wants. Not a difficult idea.
9
posted on
07/27/2013 5:47:11 AM PDT
by
count-your-change
(you don't have to be brilliant, not being stupid is enough)
To: bert
Back in 1975 or 76, Bridgestone got into a bidding war with Pirelli over the near-dead carcass that was Firestone Tire. Bridgestone finally won, paying about $80/share for a company that had just recalled several hundred thousand “Firestone 500” tires.
Firestone had no modern factories, an angry union and other than a long relationship with Ford Motor, no prospects.
Bridgestone broke even on the deal, finally, in 2012.
10
posted on
07/27/2013 5:47:46 AM PDT
by
Eric in the Ozarks
("Say Not the Struggle Naught Availeth.")
To: Vision
correct ...many freepers don’t understand what foreign colonization of America (by Chinese and others) means> Ask the Mexicans they are the experts
11
posted on
07/27/2013 5:58:02 AM PDT
by
dennisw
(The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
To: Oldeconomybuyer
He may not get a permit the site sits on top of a fault city is looking into it.
12
posted on
07/27/2013 6:18:22 AM PDT
by
Vaduz
To: Oldeconomybuyer
$158,000,000 per acre. Impressive regardless of who the buyers/sellers are.
13
posted on
07/27/2013 6:18:32 AM PDT
by
Rebelbase
(Tagline: (optional, printed after your name on post):)
To: Oldeconomybuyer
we prioritize our investment to countries where Chinese immigrants, students and tourists like the most Notice this is about buying property in the U.S. that CHINESE like and want, not to benefit the Americans. One More effort by China to colonize the United States. Wonder how it would go over if Americans bought land in China (is that even possible?) that Americans like for AMERICANS to colonize? There'd be a bullet in the back of the head first.
14
posted on
07/27/2013 7:04:06 AM PDT
by
Bon of Babble
(Due to the current economic situation, the light at the end of the tunnel has been turned off!!)
To: Bon of Babble
Bump.
China uses our “free enterprise” system full well, but discriminates in return.
American investors cannot buy Chinese interests. It cannot be done.
We must buy a minority interest, and remain powerless. Further we cannot immigrate to China either, unless Chinese by birth.
The current system is designed almost, to screw and eliminate American investors.
It is amazing to me, that despite these terrible conditions, both parties seem sold on this mess.
We need an American party.
To: Oldeconomybuyer
To all California teachers/ pensioneers:
When those funds for your pensions dry up, the Chinese may
let you a room in their new complex (if they are so inclined).
16
posted on
07/27/2013 8:17:31 AM PDT
by
Minutemen
("It's a Religion of Peace")
To: theBuckwheat
17
posted on
07/27/2013 8:21:50 AM PDT
by
dfwgator
To: Vaduz
The Chinese can afford to buy their permit.
18
posted on
07/27/2013 8:22:50 AM PDT
by
Minutemen
("It's a Religion of Peace")
To: Oldeconomybuyer
19
posted on
07/27/2013 3:01:42 PM PDT
by
DeaconBenjamin
(A trillion here, a trillion there, soon you're NOT talking real money)
To: Minutemen
In LA so can anyone else the town is cheap and easy like a $2.00 hooker.
20
posted on
07/28/2013 5:21:21 AM PDT
by
Vaduz
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