The selling of America and the death of Industrialism

Last week, a 75% stake in the Chrysler building in New York was sold to investors out of Dubai in Saudi Arabia. This week, Anheuser Busch Breweries were sold to Swedish beer company InBev for a reported $53 billion dollar stock sell off. These are just 2 examples of the growing list of American companies and iconic buildings being sold to foreign investors over the last 2 decades and it makes a person wonder: What is happening to Corporate America? Our Mortgage industry is a mess and in dire need of Federal funds to keep it alive; ignorance and greed have nearly bankrupt all of America's Big 3 auto's; left and right our manufacturing sector is being depleted; and foreign investors seem to be buying up as much American property they can for fractions of what it cost just a decade ago. The depletion of the "great industrial empire" formerly known as America is what I believe to be responsible for many of our economic problems. Over a decade ago when Nations like India and China began moving forward into industrialism, American companies here took no actions to protect themselves. Instead they did just the opposite-they caved. They gave in to the realization that they couldn't compete against the prices that these nations could produce goods at, and instead of restructuring themselves and switching over to the Information age, they out sourced much of their production to these countries where they could not only get their base products cheaper, but also save on employee expenses as well. It saddens me to think of what America once was and what it has become in the last 20 years, but it is time for America, and American's, to move forward. This is still the greatest nation on Earth and if we act quickly and grasp the Information and Technolical age, we can once again reclaim our global economic dominance. But we must do so by letting go of industrialism and realizing that the time of America being the manufacturing center of the world is gone. China and India have taken that crown from us. But now is the time for us to take a new crown: the one as the leader of the Information and Technological Age.