Advertise Here

A Matter Of Opinion

Foreigners control ‘free market’

American capital is controlled by foreign governments that are strictly controlled private economies like China and the OPEC nations. Chinese and Saudi companies are not companies in the Berkshire Hathaway tradition; they are fronts for foreign governments to manipulate capital to its advantage in American markets that don’t have the regulations to protect our “free market.”

We have become an extension of controlled foreign market forces that continue to allow us to mythologize the present so Americans think (and are told by our wealthy pundits) that we are in control of our future because of the economic forces of supply and demand. Whatever is needed to extend this American mental fog is made into law by our politicians and fed to us by our Harvard-trained economic punditry. — Bob Lavigne, Spokane

Talk about macro-economics. With the globalization of business and capital flowing in huge amounts into and out of the country, can a “free market” country be moved by the invisible hand like Adam Smith (right) would have it?

Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to A Matter Of Opinion

Get blog updates by email

About this blog

A Matter of Opinion is really a matter of many opinions — those held by the people responsible for the opinion pages of The Spokesman-Review ... and yours. Check in regularly to follow the discussion and help keep it lively.

Joust offline!

We welcome letters to the editor (all are subject to editing). Letters can be sent to:

Search this blog
Subscribe to this blog
Advertise Here