Do you think a business owned by another govt should be allowed to buy a US company?

[Kerouactivist]

Originally posted by: Darkhawk28

Originally posted by: Jhhnn
The whole proposition begs the question as to the difference between government ownership of corporations, as in some countries, and corporate ownership of government, as is rapidly evolving in the US... What is the difference, and why is one better than the other?

Ahhh, the old communism versus fascism debate.

 

[irwincur]

Big difference between selling an American owned private company to another private company, then there's selling an American owned private company to a Communist Government.

Should not matter who the buyer is.

Under your assumptions, the US government is no better than China, because they would be able to dictate to a private group what they can and can't do with their assets. This is called the slippery slope. If you prevent sale, you increase the control of the government. If you cannot sell your company to whom you choose - you might as well give the company to the US government and let them run it.

A company is either owned by an individule or a group of individules. The assets of that company are theirs. To take those assets and impose limitations on them is simply wrong. However, these days it does not surprise me as the US government is not all that far behind China.


Like I said, would you like it if your city told you that you could not sell your home to anyone from another town? This is the same concept. It is your home after all (your assets), you should be able to sell it to anyone that you want.

Ahhh, the old communism versus fascism debate.

I really don't see the link at all to Facism. If anything it is the old Communism vs. Libertarianism debate.

 

[CaptnKirk]

Originally posted by: irwincur

Big difference between selling an American owned private company to another private company, then there's selling an American owned private company to a Communist Government.

Should not matter who the buyer is.

Under your assumptions, the US government is no better than China, because they would be able to dictate to a private group what they can and can't do with their assets. This is called the slippery slope. If you prevent sale, you increase the control of the government. If you cannot sell your company to whom you choose - you might as well give the company to the US government and let them run it.

A company is either owned by an individule or a group of individules. The assets of that company are theirs. To take those assets and impose limitations on them is simply wrong. However, these days it does not surprise me as the US government is not all that far behind China.


Like I said, would you like it if your city told you that you could not sell your home to anyone from another town? This is the same concept. It is your home after all (your assets), you should be able to sell it to anyone that you want.

Ahhh, the old communism versus fascism debate.

I really don't see the link at all to Facism. If anything it is the old Communism vs. Libertarianism debate.

It is just beyond my imagination how you and those who share your mindset, can willing be in favor of selling off American Businesses to a Communist Government that we fought so bitterly through their proxy wars with North Korea and Vietnam.
In the Korean conflict there were repeated attacks on South Korean troops and their American allies conducted by the Chinese Army running the show. Same with the Vietnam War, Chinese Army and their troops running the attack on our troops and the ARVN.
They not only supplied weapons with the help of Russia, they actually had Chinese Army
members, including high ranking Officers killed on the battlefield in fights with our Souldiers.

Now you are giving cover to that same Communist Government and are so damn willing for a quick profit to forsake our nation - and the thousands of American Veterans that died in the defense of our nation and their allies. How does one become so shallow ?

 

[irwincur]

It is just beyond my imagination how you and those who share your mindset, can willing be in favor of selling off American Businesses to a Communist Government that we fought so bitterly through their proxy wars with North Korea and Vietnam.

Because to prevent it would mean that out government would be no better than the Communist government in question.

IT IS A PRIVATE COMPANY. Private money, private assets, etc... It is not the right of the government of a free nation to dictate exactly who and to whom companies can be sold to. If the government is going to restrict this, they might as well remove all rights to ownership and take over all industry - becoming Communist.

 

[Tsunami982]

no, govt own companies should not be allowed to purchase other companies. being government own gives an unfair advantage to companies. since they are not regulated by the markets they shouldnt be allowed to partake in purchasing other companies and expanding their free market destroying philosophy. by the way, china never allows US companies to buy chinese companies. fair is fair, if we cant, then they cant.

 

[Stunt]

I don't mind the buying of US assets by anybody. The companies aren't being sold for nothing...the money gained from the transaction will always go into another company and grow along with the rest of the economy, most likely to buy out another company.

It's done all the time, sell when business is good for a premium and buy a poor performing company and grow it, it's the american way.