Part 4 -- U.S. CEOs Bank Over $100 Million a Year, Companies Are Selling Out to China While Clueless Americans Light Sparklers on July 4th.
Thomas Paine Podcast
mike moore
4.6 • 1K Ratings
🗓️ 5 July 2023
⏱️ 31 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | $2.1 billion with a B, dollars exchange hands, a semiconductor company, etc. |
| 0:13.9 | Purchased by Will, semiconductor company limited, China. |
| 0:22.2 | Hilton hotels, McLean, Virginia, they've been operating since 1919, thanks to founder Conrad |
| 0:29.1 | Nikki Hilton. From a handful of simple locations, Hilton became a worldwide name, 586 hotels, |
| 0:35.7 | 85 countries. Hilton's are everywhere, folks. 2016, Hilton vacated American ownership. |
| 0:47.4 | The new owner paid $6.5 billion for a 25% stake in the hospitality chain, becoming the |
| 0:54.2 | biggest shareholder. This was the second purchase that year. For Chinese corporation HNA Group, |
| 1:05.8 | who also bought Carlson hotels, incorporated into bid to spread its wings into the hotel |
| 1:11.7 | industry. At the time of the purchase, Hilton was worth $26 billion with a B. |
| 1:19.1 | The Barclays Center, you folks, and Brooklyn love your Barclays Center. The place looks |
| 1:25.1 | like a twisted, twisted fucking Frisbee. Barclays Center is a mecca for sports fans, music |
| 1:32.0 | lovers, and anyone to be between Taiwanese, Canadian, businessmen, Joseph Sye purchased. |
| 1:39.8 | The center in 2019. The chairman of the Ali Baba Group also bought the Brooklyn Net |
| 1:46.0 | CNB-18 owned by Taiwan and Canada. |
| 1:57.2 | Brookstone Incorporated. Brookstone and Corp. started out as a mail order business, selling |
| 2:02.0 | special tools that were hard to find in the 60s. From there, it started selling items |
| 2:07.1 | like remote control toys, alarm clocks, and much more. As of 2018, there were 38 locations |
| 2:15.0 | in America in addition to their online presence. Scooped up in 2014 by Chinese companies |
| 2:24.0 | selling capital and sand power. |
| 2:31.0 | Keeps on going. Fab.com incorporated. Being in the online design industry is tough. Competition |
| 2:40.3 | out there is stiff. Once based in New York City, Fab.com manages to secure a huge investment |
| 2:44.8 | from 10 cent holdings in 2013. Over a billion with a B, now owned by 10 cent in China. |
... |
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