Daily Stormer The Most Censored Publication in History
Andrew Anglin
Daily Stormer
January 3, 2018
Well, this is good.
A U.S. government panel rejected Ant Financial’s acquisition of U.S. money transfer company MoneyGram International Inc over national security concerns, the companies said on Tuesday, the most high-profile Chinese deal to be torpedoed under the administration of U.S. President Donald Trump.
The $1.2 billion (885 million pounds) deal’s collapse represents a blow for Jack Ma, the executive chairman of Chinese internet conglomerate Alibaba Group Holding Ltd, who owns Ant Financial together with Alibaba executives. He was looking to expand Ant Financial’s footprint amid fierce domestic competition from Chinese rival Tencent Holdings Ltd’s WeChat payment platform.
Ma, a Chinese citizen who appears frequently with leaders from the highest echelons of the Communist Party, had promised Trump in a meeting a year ago that he would create 1 million U.S. jobs.
MoneyGram shares were down 8.5 percent at $12.06 in after-market trading.
The companies decided to terminate their deal after the Committee on Foreign Investment in the United States (CFIUS) rejected their proposals to mitigate concerns over the safety of data that can be used to identify U.S. citizens, according to sources familiar with the confidential discussions.
“Despite our best efforts to work cooperatively with the U.S. government, it has now become clear that CFIUS will not approve this merger,” MoneyGram Chief Executive Alex Holmes said in a statement.
The Chinese owning our entire financial infrastructure is a very bad thing. On a number of levels which are more complicated than simply “security.”
The entire concept of allowing foreigners to own anything more than a home and a car in your country is in itself insane. Most countries do not allow this. In fact, many third world countries will not even allow you to own a house, and force you to rent. Seriously.
Somehow, the people who run our governments have convinced us that “foreign investment” is a good thing. Well, it is a good thing for about ten minutes – the injection of cash into the economy is going to be an injection of cash into the economy. But saying this will improve the economy is like saying that doing heroin will improve your mood – yes, injecting heroin makes you feel good for a certain number of hours, but it is not a solution to depression.
In the long term, foreign investment strips your economy of wealth, just as heroin use in the long term ruins your life.
