Foreign trade zones in America, foreigners own America

a reply to: supermilkman

So, because you don't trust the government it's ok to make stuff up?

a reply to: Phage

The link is inside the chart. Like I said the link that it now directs you too has a new updated chart.

a reply to: supermilkman

No. The link refers to a list of FTZ locations.
The caption on the chart in your OP is something someone made up. Please provide the source of the map in your OP.

OP I trust Wikipedia more than your stuff.

en.wikipedia.org...

a reply to: hellobruce

Also you should re-read one of the links you posted on how foreign trade zones are basically security and transportation checkpoints for commerce with countries outside of CBP territory.

Text Foreign-Trade Zones (FTZ) are secure areas under U.S. Customs and Border Protection (CBP) supervision that are generally considered outside CBP territory upon activation. Located in or near CBP ports of entry, they are the United States' version of what are known internationally as free-trade zones.

So these same countries that reside outside of the U.S. Customs and Border Protection, aka foreign countries/provinces/international enterprises, are about to turn the tables on us.

Once again think about all the debt we've accumulated and the fact that the USD is devaluing.

Although we take up a majority of the world's resources and have the most intercontinenal commerce compared to any country the fact is this debt isn't going to be paid off and we're more than likely about to go into another war. All the foreign trade is going to come to an end as these businesses will want their collateral.

Factor in all the interventions, the wars, and the sanctions we've imposed and then you'll see why an invasion/take over is more than likely going to happen.

I've been reading about femacamps and internment camps and martial law on ats for the past
7 years and absolutely nothing has happened. I'm sure it will come up again, when people predict Obama won't stand down as president and the Obama youth are poised to round you all up for life time internment in Walmart

a reply to: supermilkman

So these same countries that reside outside of the U.S. Customs and Border Protection,

False.

The Foreign-Trade Zones Act is administered through two sets of regulations, the FTZ Regulations (15 CFR Part 400) and CBP Regulations (19 CFR Part 146).

Foreign and domestic merchandise may be moved into zones for operations, not otherwise prohibited by law, including storage, exhibition, assembly, manufacturing, and processing. All zone activity is subject to public interest review. Foreign-trade zone sites are subject to the laws and regulations of the United States as well as those of the states and communities in which they are located.

www.cbp.gov...

originally posted by: Phage
Please provide a link to an "official" government chart which contains that verbiage.

It looks like the original map (without the fake false claim) is from here!

www.portofeverett.com...

With an economic collapse assets aren't worth much.

Assets as in land. Our country still has untapped oil reserves as well as spacious land and other copious resources.

You left out Japan. But why take over when they are collecting interest? How can they take over when payments are being made on time?

Yes, Japan as well, as well as many other countries. And they're only collecting interest and payments because we're printing money off the assembly line like there's no tomorrow.

It's going to be devalued to the point of hyperinflation and will eventually bankrupt. A load of bread will cost $100.

This happened in Germany during WW1 where many businesses didn't even exchange francs anymore because they were useless. People began bartering and resorted to blue collar work. They eventually had to create a new currency.

You ever wonder why so many people complain about wages and high cost of living? It's because of this hyperinflation and it will only get worse unless we do something similar to what Germany did in the early 1900's.

No. There are plenty of bad things that can happen.

At least you acknowledge anything can happen, including something tragic.

edit: I also meant to say "marks" not "francs."

a reply to: supermilkman

It's because of this hyperinflation and it will only get worse unless we do something similar to what Germany did in the early 1900's.

Um. No.
inflationdata.com...

a reply to: Phage

Fine, I will try to find an archived image. Hold on a second.

False.
The Foreign-Trade Zones Act is administered through two sets of regulations, the FTZ Regulations (15 CFR Part 400) and CBP Regulations (19 CFR Part 146).

Foreign and domestic merchandise may be moved into zones for operations, not otherwise prohibited by law, including storage, exhibition, assembly, manufacturing, and processing. All zone activity is subject to public interest review. Foreign-trade zone sites are subject to the laws and regulations of the United States as well as those of the states and communities in which they are located.
www.cbp.gov...

Regulations doesn't change anything. You're missing the bigger picture here. They own us and we're in debt to them and we can never pay them back. Regulations are for safety protocol like filtering black market items, potential hazardous materials, DEA/FDA regulations etc.

a reply to: supermilkman

You're missing the bigger picture here.

No. You actually don't understand the picture at all.

They own us and we're in debt to them and we can never pay them back.

Here is something you might find interesting:

So, you see, the greatest debt by far (63%), is owed to us.

And again, owing someone money does not mean that they can just take stuff from you if they want to.

Regulations are for safety protocol like filtering black market items, potential hazardous materials, DEA/FDA regulations etc.

Didn't you say that FTZs are foreign soil? Since when do federal and state laws apply to foreign soil?

originally posted by: Phage
a reply to: supermilkman

No. The link refers to a list of FTZ locations.
The caption on the chart in your OP is something someone made up. Please provide the source of the map in your OP.

You may have a point. Let me keep researching.

No. You actually don't understand the picture at all.

You're the one that is out of touch with reality. You will look back and know I'm right.

And again, owing someone money does not mean that they can just take stuff from you if they want to.

I can pull a bunch of graphs showing conflicting reports. Just give me a minute.

Wait, hold on a second, you said "owing someone money does not mean that they can just take stuff from you if they want to?"

Are you kidding me? Have you ever heard of foreclosures? Evictions? Audits? Did you really just say that?

Thanks for the chart by the way, it actually helps prove my point.

Didn't you say that FTZs are foreign soil? Since when do federal and state laws apply to foreign soil?

Yes, it's still owned by foreign countries but we have regulations to ensure public safety. We do this to make sure they're not sending things like anthrax or putting toxic chemicals in our food supply.

You can't maintain a business if the products end up harming the consumers.

And don't get technical about pharmaceuticals or alcohol. That's a whole other story and we already have a lot of take-back policies.

a reply to: supermilkman

US government debt is not like private debt. It is not secured, you can not evict or foreclose ton the US government and anyway the US government can not ever unwillingly default.

Think of it more like a savings account. In terms if the base money supply overseas entities can be either own dollars (which pay no interest) or bonds which do. At the end they are still holding US money which can really only be used to do two things. Buy stuff in the US or pay US taxes.

It is if course open to opinion and circumstances if foreign entities being able to purchase large amounts of goods and services is a good or bad thing. However there really isn't anything more nefarious they can do with the debt they own than that.

originally posted by: hellobruce

originally posted by: Phage
Please provide a link to an "official" government chart which contains that verbiage.

It looks like the original map (without the fake false claim) is from here!

www.portofeverett.com...

So much for it coming from a government source, eh?

Foreign Trade Zone or Free Trade Zones or Economic Transport Zones exist in countries all over the world. They are run and controlled by the local nation. They were started in the US in 1934 and have been operation for 75 years. They are US territory and of course under US law, US companies operate in them as well both in the US and around the world. A US company in a Chinese zone does not own the territory any more than a Chinese company in the a US zone. If you want to set up shop this is how you start Becoming a FTZ operator
Notice this

Neither the Grantee, FTZ No. 79 Board, nor Port Tampa Bay are responsible for determining whether your proposed operations are compliant with relevant FTZ, CBP, or any other state and/or federal agency’s laws and regulations.

a reply to: ScepticScot

You act like there's a safeguard to our economy. It's actually unstable and prone to any kind of failure just like any other economic system.

You can talk about technicalities with certain policies but they're never guaranteed. Anything can happen.

I actually work in a FTZ. There's a sign on the building stating it's a FTZ, and that theft is subject to international laws or courts. Don't remember which right now. I guess you get nailed by local,state,federal for theft, then left to whatever the international thing is. If I remember, I'll try to get a picture when I leave work today.