Kagen: “President should take a close look at foreign ownership of U.S. industries”
(APPLETON, WI) — Congressman Steve Kagen, M.D. today said that the Bush Administration should take a close look at the increasing ownership of key U.S. assets by foreign interests, saying that a bipartisan U.S. Competition Commission could help evaluate the implications of putting domestic industries in the hands of foreign governments and countries.
“Foreign states — and distant corporations — should not be allowed to control our economy,” Kagen wrote in a letter to President George W. Bush.
Dr. Kagen has been a fierce advocate for making current trade and competition rules fairer to U.S. Corporations.
“No one should be allowed to determine or control the quality of the air we breathe, the water we drink, the food we grow, the size and strength of our military, or the health of our environment and our people,” Kagen said.
