Many American-Made Companies Are Now Under Foreign Control!

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When foreign countries own companies and businesses that many American’s purchase goods from, all of that money that would be going back into the U.S. economy is now going overseas. This leads to devastating consequences as we’re seeing now, with job losses and unsettling unemployment. It is also placing the United States in a position where we’re coming to rely on foreign governments for our needs. We’re seeing this already with China, a country with which we have an alarming trade deficit and over $1 trillion in debt.

In an era of “free trade” agreements, it should come as no surprise to discover that many well known U.S. companies and businesses are being purchased by foreign countries and contributing to our economic decline. 

Here are some of America’s most famous brands currently held in foreign hands:

  • Budweiser, now owned by Anheuser-Busch InBev N.V., which is based in Leuven, Belgium
  • Alka-Seltzer, now owned by German company Bayer Schering Pharma AG
  • Ben & Jerrys, now owned by British-Dutch Unilever
  • AMC theaters, now owned by the Chinese
  • 7-Eleven, now owned by the Japanese company, Seven & I Holdings
  • Woman’s Day Magazine, now owned by the French company,  Hachette Filipacchi Médias, S.A
  • Purina, now owned by the Swiss company, Nestle
  • Gerber, now owned by the Swiss pharmaceutical giant, Novartis
  • Firestone, now owned by the Japanese Bridgestone Corporation
  • Citgo, now owned by the government of Venezuela
  • French’s Mustard, now owned by Reckitt Benckiser, a British conglomerate
  • Frigidaire, now owned by Sweden’s AB Electrolux
  • The Plaza Hotel in New York City, now owned by Israeli billionaire Yitzhak Tshuva’s El-Ad Group
  • Trader Joes, now owned by German billionaires Karl and Theo Albrecht
  • Dial soap, now owned by Henkel KGaA, based in Dusseldorf, Germany
  • Sunglass Hut, now owned by Italian eyewear seller Luxottica Group

There are many more U.S. businesses bought out by foreign entities, and the more we lose, the more risk there is to our economy and workers here at home.

China not only owns AMC theaters, but they hold massive control over us because of the amount of debt we owe them. China’s government and opportunistic corporations have also been systematically purchasing land, infrastructure, and natural resources for years. On top of that, the more our leaders continue trade agreements between us and China — and the more they allow the U.S. to borrow from China —  the more our freedoms and sovereignty are signed away.

Our “free trade” agreements are sending the U.S. down a dangerous path that will result in even more foreign countries buying U.S. businesses and companies, and will lead to us having to rely on even more countries for our day to day needs. This is not what our Founding Fathers intended.

Wake up America! It’s time that we stop allowing foreign nations to purchase our valuable assets!

Contact your congressional representative and tell them that our harmful trade agreements must end if America is to have a prosperous economic future. We cannot afford to continue to sell our valuable companies and businesses!

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3 Responses to Many American-Made Companies Are Now Under Foreign Control!

  1. Clyde B says:

    This is so true, yet the “free traders” will brag about all the low cost goods that are being made available to the US consumer and all it cost is a few low value dollars. It is those low value dollars that are coming back to purchase the control of vital companies and their revenue streams.

    Our hope for the return to prosperity depends on making things. When we use our abundant resources and increase their value by manufacturing the things we and others need, we do well.

    All of the economic theories about trade being taught fail to take into consideration the most pertinent factor of all and that is rational nation will protect their own at the expense of others. Ours does not seem to have that much intelligence. We give away access to the greatest market place in the world while our “trading partners” protect theirs.

    We must start limiting imports, restore manufacturing and demand balance trade if we are to survive.

  2. Laramy Parks says:

    I’m not sure if I am missing the point of the article. I do understand the fact that some people as natives to a country would feel threatened if another country is coming in and taking their property, but the only real problem in this would be outsourcing. Which would be the diminishing amount of inland jobs that we would have through the companies bought by foreigners and that would only be a problem if they decide to, which would make no sense, bring those companies overseas giving their own people the jobs we once had. By allowing foreign countries to purchase companies from us not only are we creating a source of revenue for them which would lower our debt, we strengthen our ( and I know this will sound cheesy) bond with that country. Also since other countries have a foothold in our country not only does this increase our value ( labeling ourselves as the world’s center trade depot) it will instill our culture into the countries we are connected to causing for a chance of a greater output of exports. So yes limiting imports will help us save money because we won’t be spending it, but by extending our hand and gaining trading partners will we actually be able to create a source of revenue.

    • Clyde B says:

      Well, Mr. Parks, let’s just take a look at what has happened since we started this free trade policy.

      We must borrow more than 40 cents of every dollar we spend.

      Roughly one quarter of our workforce is either under or unemployed.

      We are no longer able to feed our selves and must depend on imports for much of our food supply.

      Our military is forced to depend on China and Russia for many of their supplies.

      Thousands of companies are either closed or under foreign ownership.

      We have a massive trade deficit of 12 or more trillion dollars.

      All this because our government believed that opening our market to the rest of the world for free was a good idea.

      You mention a potential cultural benefit, doubtful, since it seems that most of the immigrants of the last several years are not even attempting to assimilate but are demanding more and more recognition of that which they brought.
      Bottom line is that the dollars being used to buy our assets should be used to buy goods. This way we would have essentially balanced trade, but most of the countries with whom we trade are protecting their own workforce and market to our detriment.

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