America is Bleeding to Debt and Losing Ownership and Control of the Country

In the last 2 months alone from March 23 to May 23 we have sold ninety-four major American companies or major interests in major divisions of them for at least $10,187,000,000. The following are just a sampling of these important wealth producing companies or assets that are no longer American and will no longer generate profits for America.

The sale of Pioneer Natural Resources illustrates what happens when just one American company sells significant assets to a foreign country. Pioneer Natural Resources sold $1.3 billion of its deepwater Gulf of Mexico assets to Japan’s Marubeni Corp. This acquisition includes 97 exploration and production blocks, including 6 main producing and developing fields covering an area of approximately 347 square miles (222,000 acres), according to Marubeni. This also includes 30,000 barrels of oil equivalent production per day or approximately 630,000 gallons of refined gasoline per day. At $2.00 per gallon of gas, this investment could be completely paid off in less than 3 years. The sale of our wealth producing companies or assets like Pioneer will hasten the day when America reverts to the former colonial status it had in the 17th century. From this sale alone we will pay Japan to use much of our own oil and gasoline.

What kind of future can we expect when we sell all our wealth producing companies, living only on borrowed money, outsourced manufacturing, subsidized foreign insourced manufacturing, and a declining manufacturing base. Demand a leader who will stop this!

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