The Conservative Cave
Current Events => Economics => Topic started by: indago on May 21, 2012, 05:53:54 AM
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Journalist Joe McDonald wrote for Associated Press 21 May 2012:
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A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date. Dalian Wanda Group Co.'s purchase reflects the global ambitions of a wave of cash-rich Chinese companies that are using acquisitions to speed their expansion by obtaining foreign skills and brand names.
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article (http://news.yahoo.com/chinese-company-buy-us-movie-theater-chain-amc-023339555--finance.html)
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I guess I'll be avoiding AMC.
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I guess I'll be avoiding AMC.
About once every 5 years I sit my butt through a movie at the theatre....and then that one is locally owned by the same family that owned it when I was a kid.
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About once every 5 years I sit my butt through a movie at the theatre....and then that one is locally owned by the same family that owned it when I was a kid.
Quite a bit of nostalgia there. My Godfather used to live on the location of a former drive in theatre. There's not many of those left in operation either.
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Quite a bit of nostalgia there. My Godfather used to live on the location of a former drive in theatre. There's not many of those left in operation either.
As a teenager back in the late 50's, early 60's, there were 3 drive-in theaters in my small town and they were all doing well. There were 3 walk-in theaters. I don't know of a drive-in within a 150 miles of me now days and there's only one walk-in in town and it's just barely hanging on.
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People still go to movie theaters?
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People still go to movie theaters?
I think it's been 15 years or more since I last went.
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Quite a bit of nostalgia there. My Godfather used to live on the location of a former drive in theatre. There's not many of those left in operation either.
There are two drive in theaters in my area.
As for AMC Entertainment? I never heard of them. Around here it is three Carmike Cinemas and one that is privately owned. And the one that is privately owned is the best one.
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As long as they are not buying companies that deal with national defense, I do not see a problem. US companies invest in shithole commie and muzzie countries also.
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As long as they are not buying companies that deal with national defense, I do not see a problem. US companies invest in shithole commie and muzzie countries also.
One thing that should worry us though in terms of national defense is that they run the Panama Canal now. They control the locks at both ends...and the Cinese Army has been allowed to train at our old bases there.
Imagine what will happen if they try to retake Taiwan and we want to transfer ships from the Atlantic to the Pacific to try and come to Taiwan's aid.
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The last movie theater I was in was back in 2000, when I was a projectionist.
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One thing that should worry us though in terms of national defense is that they run the Panama Canal now. They control the locks at both ends...and the Cinese Army has been allowed to train at our old bases there.
Imagine what will happen if they try to retake Taiwan and we want to transfer ships from the Atlantic to the Pacific to try and come to Taiwan's aid.
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One thing that should worry us though in terms of national defense is that they run the Panama Canal now. They control the locks at both ends...and the Cinese Army has been allowed to train at our old bases there.
Imagine what will happen if they try to retake Taiwan and we want to transfer ships from the Atlantic to the Pacific to try and come to Taiwan's aid.
The Canal is in the process of being expanded and will double in capacity in 2014. It is my understanding that a rich Chinese man has purchased the locks and ports rather than the Chinese government.
I just do not think the Chinese will be that stupid to take Taiwan or restrict commerce and ships thru the canal. A nuke war would be one that the Chinese would lose and it would not be in their economic intrest either. Now, if the muzzies owned it, I would be worried.
Another thing that would help would be the US treating Panama like a red headed stepchild with trade agreements and the IRS demanding access to bank accounts of US citizens.
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The Canal is in the process of being expanded and will double in capacity in 2014. It is my understanding that a rich Chinese man has purchased the locks and ports rather than the Chinese government.
I just do not think the Chinese will be that stupid to take Taiwan or restrict commerce and ships thru the canal. A nuke war would be one that the Chinese would lose and it would not be in their economic intrest either. Now, if the muzzies owned it, I would be worried.
Another thing that would help would be the US treating Panama like a red headed stepchild with trade agreements and the IRS demanding access to bank accounts of US citizens.
The Chinese have run the Panama Canal since Carter gave it to them. I forget the year.
What's the name on most of the containers going through there? COSCO - Chinese Container Service Company (or Chinese something). I wonder what's in all of those containers.
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The Chinese have run the Panama Canal since Carter gave it to them. I forget the year.
What's the name on most of the containers going through there? COSCO - Chinese Container Service Company (or Chinese something). I wonder what's in all of those containers.
Finding out what is in the containers isn't that hard. Most of them end up in the US.
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Finding out what is in the containers isn't that hard. Most of them end up in the US.
But there aren't enough inspectors in the Coast Guard to check every one of them, and in every US port.
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But there aren't enough inspectors in the Coast Guard to check every one of them, and in every US port.
True, but would China want to damage their best market in the world? They are gaining quickly enough economically with out resorting to a terrorist attack.
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True, but would China want to damage their best market in the world? They are gaining quickly enough economically with out resorting to a terrorist attack.
About 20 years ago it was Japan that was buying up all of our real estate.... It was a huge concern for some people back then.
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About 20 years ago it was Japan that was buying up all of our real estate.... It was a huge concern for some people back then.
I remember all the fret and worry about that. Back then, it was English companies that were really the largest owners of American properties. However, the Japanese made an easier target since they are "different" from most of us.
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True, but would China want to damage their best market in the world? They are gaining quickly enough economically with out resorting to a terrorist attack.
The widening of the canal will cut shipping costs dramatically from China to the East Coast, will allow larger ships to go thru there and cut delivery time . From what I have read, the Chinese have managed it more efficiently than when it was in US hands.
The Chinese have a vested economic interest in not screwing up a good deal when they see one.
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The Chinese have run the Panama Canal since Carter gave it to them. I forget the year.
Panama would assume full control of canal operations and become primarily responsible for its defense.
article (http://en.wikipedia.org/wiki/Torrijos–Carter_Treaties)
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article (http://en.wikipedia.org/wiki/Torrijos–Carter_Treaties)
Wikipedia ? Seriously ? I consider that a worthless link.
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True, but would China want to damage their best market in the world? They are gaining quickly enough economically with out resorting to a terrorist attack.
Point taken, but exactly where are those thousands of containers loaded?
The last I heard and saw was the Japanese owned most of Hawaii.
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As long as they are not buying companies that deal with national defense, I do not see a problem. US companies invest in shithole commie and muzzie countries also.
China doesn't need to buy US defense companies, they have the best hackers on earth. Look at the RSA attack that came from China.
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Wikipedia ? Seriously ? I consider that a worthless link.
More's the pity, then, that a site that you consider to be irrelevant even refutes your contention.
How about these, then:
Panama would assume full control of canal operations and become primarily responsible for its defense.
article (http://en.wikipedia.org/wiki/Torrijos–Carter_Treaties)
Carter agrees to transfer Panama Canal to Panama
article (http://www.history.com/this-day-in-history/carter-agrees-to-transfer-panama-canal-to-panama)
Panama would be in full control of the canal
article (http://www2.lhric.org/pocantico/amprogress/Panama_Canal_Treaties.htm)
Under these accords, Panama will play an increasingly important role in the operation and defense of the canal during the next 23 years.
article (http://millercenter.org/president/speeches/detail/3928)
Under the Panama Canal Treaty, Panama was given an increasing amount of responsibility for the operation and management of the Canal until the termination of the treaty at noon on December 31, 1999, Panama time. At that time, the United States would transfer full control of the Canal to Panama.
article (http://www.cotf.edu/earthinfo/camerica/panama/PCtopic3.html)
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True, but would China want to damage their best market in the world? They are gaining quickly enough economically with out resorting to a terrorist attack.
They don't look at us as a competitor or even as an equal. We are standing in their way of attaining their rightful place as the one and only world power. They truly believe that. They are older than the US and they are constant to wait us out. And if smuggling illegal weapons and whatnot into this country helps speed things along then so be it.
It's a means to an end.
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More's the pity, then, that a site that you consider to be irrelevant even refutes your contention.
How about these, then:
article (http://en.wikipedia.org/wiki/Torrijos–Carter_Treaties)
article (http://www.history.com/this-day-in-history/carter-agrees-to-transfer-panama-canal-to-panama)
article (http://www2.lhric.org/pocantico/amprogress/Panama_Canal_Treaties.htm)
article (http://millercenter.org/president/speeches/detail/3928)
article (http://www.cotf.edu/earthinfo/camerica/panama/PCtopic3.html)
You're a seriously lame troll. And your research skills beyond you're spoonfed really sucks.
While China does not control the Canal, a Chinese-controlled entity called Hutchison-Whampoa has a subsidiary company, the Panama Ports Company. This company operates the ports Cristobal and Balboa located at each end of the Panama Canal. Some national security experts in the U.S. have argued that such control of the ports gives China strategic influence over the vital waterway.
http://archive.newsmax.com/archives/ic/2006/3/14/95754.shtml
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You're a seriously lame troll. And your research skills beyond you're spoonfed really sucks.
The claim was: "The Chinese have run the Panama Canal since Carter gave it to them."
I don't see any mention of Carter in the NewsMax report.
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The claim was: "The Chinese have run the Panama Canal since Carter gave it to them."
I don't see any mention of Carter in the NewsMax report.
Sorry troll that wasn't my claim. I simply showed that your claim the Panamanians have full control of the canal is false.
And nothing changes about your weak sauce research skills.
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Sorry troll that wasn't my claim. I simply showed that your claim the Panamanians have full control of the canal is false.
I didn't write: "YOUR claim was", I wrote: "THE claim was"; and I just know, somehow, that you're really not sorry.
Also, I didn't "claim the Panamanians have full control of the canal". You have a REAL reading comprehension problem.
"It must be DUMSHIT week here on this message board"
Wait... that was last week! Don't tell me that it's DUMSHIT MONTH here?
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I didn't write: "YOUR claim was", I wrote: "THE claim was"; and I just know, somehow, that you're really not sorry.
Wow...touchy much when your bullshit gets proven wrong? Yeah I think so.
Also, I didn't "claim the Panamanians have full control of the canal". You have a REAL reading comprehension problem.
Nope read just fine. You made the claim and then linked to an article.
Man up to what you said troll...this isn't DU we're not easy to fool.
"It must be DUMSHIT week here on this message board"
Wait... that was last week! Don't tell me that it's DUMSHIT MONTH here?
Take your pick...either way it started right around the time you showed up here.
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You made the claim and then linked to an article.
Point out the post where I "made the claim".
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Point out the post where I "made the claim".
:whatever:
Panama would assume full control of canal operations and become primarily responsible for its defense.
http://en.wikipedia.org/wiki/Torrijos–Carter_Treaties
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I didn't write: "YOUR claim was", I wrote: "THE claim was"; and I just know, somehow, that you're really not sorry.
Also, I didn't "claim the Panamanians have full control of the canal". You have a REAL reading comprehension problem.
"It must be DUMSHIT week here on this message board"
Wait... that was last week! Don't tell me that it's DUMSHIT MONTH here?
You haven't learned how to spell dumshit yet ? You are the smartest lib that ever lived, except for the object of your worship, owebuma. At least in your own estimation. And no, I won't teach you the proper spelling. Bask in the irony of your self proclaimed intellectual superiority.
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You made the claim and then linked to an article.
Point out the post where I "made the claim".
And did txradioguy "Point out the post where I "made the claim""? Of course not. He's just blowing smoke, and now eating crow, and enjoying a dish of SMOKED CROW.
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You are the smartest lib that ever lived, except for the object of your worship, owebuma.
Point out the posting that I made declaring anyone the object of my worship.
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Point out the posting that I made declaring anyone the object of my worship.
Wow, you think you're even smarter than the object of your worship. You should start worshipping yourself, if you haven't already.
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And did txradioguy "Point out the post where I "made the claim""? Of course not. He's just blowing smoke, and now eating crow, and enjoying a dish of SMOKED CROW.
Not hardly champ...
http://www.conservativecave.com/index.php/topic,73323.msg876617.html#msg876617
How about you go blow yourself troll and suck down a hot cup of shut the **** up.
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Not hardly champ...
http://www.conservativecave.com/index.php/topic,73323.msg876617.html#msg876617
How about you go blow yourself troll and suck down a hot cup of shut the **** up.
Your link is to a posting made by some jerk named txradioguy, not to any posting I made. Care to try again, or would you like another dish of SMOKED CROW?
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Your link is to a posting made by some jerk named txradioguy, not to any posting I made. Care to try again, or would you like another dish of SMOKED CROW?
The only one eating crow around here is you buzzard breath.
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Your link is to a posting made by some jerk named txradioguy, not to any posting I made. Care to try again, or would you like another dish of SMOKED CROW?
(http://img41.imageshack.us/img41/2014/dogstupid.jpg)
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(http://img41.imageshack.us/img41/2014/dogstupid.jpg)
That dog is so cute! Hi5
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Wow, you think you're even smarter than the object of your worship. You should start worshipping yourself, if you haven't already.
I had posted: "Point out the posting that I made declaring anyone the object of my worship." You haven't even done that. Just some cacaphonious cackling.
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I had posted: "Point out the posting that I made declaring anyone the object of my worship." You haven't even done that. Just some cacaphonious cackling.
Your stupidity is getting old. Why don't you play like a tree and leave.
BTW, if you are going to use big words like cacophonous, learn how to spell them dummy.
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if you are going to use big words like cacophonous, learn how to spell them
It's a combination of the words caca, and phony. I'm sure you can take it from there...
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Journalist Joe McDonald wrote for Associated Press 21 May 2012:
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A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date. Dalian Wanda Group Co.'s purchase reflects the global ambitions of a wave of cash-rich Chinese companies that are using acquisitions to speed their expansion by obtaining foreign skills and brand names.
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article (http://news.yahoo.com/chinese-company-buy-us-movie-theater-chain-amc-023339555--finance.html)
The company is in trouble. China loves them some cowboys though....
TEXT-Fitch affirms AMC's IDR at 'B', outlook remains negative
Tue May 22, 2012 11:10am EDT
May 22 - Fitch Ratings has affirmed the Issuer Default Rating (IDR) of AMC
Entertainment, Inc. (AMC) at 'B'. The Outlook remains Negative. A full list of
rating actions follows at the end of this release.
This nets a :yawn: :yawn: rating on the wake me up when there is news worth sharing scale.
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It's a combination of the words caca, and phony. I'm sure you can take it from there...
(http://img15.imageshack.us/img15/6679/trollzal.jpg)
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It's a combination of the words caca, and phony. I'm sure you can take it from there...
A phony and a pile of fecal matter describes you to a T.