Say Anything Blog

Overlooked last week in the brouhaha over illegal aliens coming into this country, was news of all the foreign investment money coming in as well.  From DJ Market Watch:

WASHINGTON (MarketWatch)—Monthly capital flows to the U.S. rose to $111.8 billion in April, up sharply from $30.1 billion in March, the Treasury Department reported Friday. The monthly number includes short-term securities like Treasury bills. Foreign private flows of $93.6 billion made up most of the monthly increase. Meanwhile, net foreign purchases of long-term U.S. securities fell back slightly in April, to $97.4 billion from $98.6 billion in March.

Obviously, despite the fact that the power-mad, economics illiterate, liberal Democrats remain in control of both Houses of Congress, and despite the fact that the American economy isn’t crumbling before our eyes in spite of the determined efforts of the Left to derail it by increasing taxes, still people around the world are very much convinced that the US is a great place to invest their money.  Imagine that!