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china investment problem Corporation has primarily invested in U.S. Treasury Securities but as CNN Money on August 17, 2009 reported CIC was strongly considering investing nearly 2 billion in U.S. mortgages. They are doing this simply because they are Ough.S. tax payer subsidized investment funds coming from a toxic mortgage backed stock. There is no real risk involved to China because which backed from FDIC.
Bailout funds would help automakers continue their outsourcing of auto jobs to foreign countries, where charges are lower. All the Big Three have increased the percentage of manufacturing and assembly done overseas there were times that year, especially in China and Mexico. In May, Ford agreed create $3 billion auto plant in suburban Mexico City and upgrade two other Mexican plants, the largest vietnam investment bank in Mexican history. We need more jobs through America, not in The philipines. If we run short of workers, we can change our immigration laws and upgrade our guest-worker program.
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It is reported that Treasury Secretary Paulson may revive the Resolution Trust Corporation ended up being used to counter economic downturn of the 1980s, if approved from your Congress.
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