President Obama’s New Foreign Assistance Program
I imagine myself a cracker-jack vulture capitalist in need of a dandy new investment to beat MARR and make my money work for me – not vice versa. You couldn’t put a gun to my head and make me invest it in the manufacture of wheeled conveyances at US plants. It’s nice when a major corporation full of professional money managers agrees with one of my simple hunches. It tickles my masculine ego.
Regrettably, that major corporation with $15Bn to invest was General Motors. The $15Bn they’ve decided to invest in Brazil, S. Korea, Canada and Mexico came from US Government bailout funds. Money designed to alleviate economic misery in our country – not someone else’s.Read More »