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To: Lucretius who wrote (335056)5/10/2007 12:14:51 PM
From: Trumptown  Read Replies (2) | Respond to of 436258
 
why not?

stockcharts.com



To: Lucretius who wrote (335056)5/10/2007 1:21:06 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
you can short this:

Bush: U.S. open for investment
Marketwatch - May 10, 2007 12:17 PM ET
WASHINGTON (MarketWatch) -- With foreign-direct investment in the United States slipping, President Bush on Thursday began a push to convince the world that the country remains ready to welcome overseas investors.

The White House issued a statement outlining steps toward advancing open markets, including reinforcement of "the principle that a domestic climate conducive to foreign investment strengthens national security."

The statement said the United States would also target "unreasonable and discriminatory barriers" to investment and would work to complete the teetering Doha Round of international trade talks.

Meanwhile, Treasury Secretary Henry Paulson told The Wall Street Journal, in an interview, that he plans to "go on the offensive" and will host a panel discussion at George Washington University Thursday to talk up the benefits of foreign investment. On Friday, he's set to visit two foreign-owned firms in St. Louis.

The push comes as foreign direct investment has fallen from its 2000 peak of $321.2 billion to $183.6 billion in 2006, according to the Bureau of Economic Analysis.

Paulson told the Journal that the congressional outcry last year over Dubai Ports World's attempt to purchase operations at five major U.S. ports may have contributed to a belief that the United States doesn't welcome foreign investment.

"Some even believe we're erecting new barriers, and then there are some that are asking themselves questions about the perceived regulatory or legal burdens in this country. We just want to make it very clear that we're open for investment," Paulson said.