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If you have a jointer it is probably a 4 or 6" wide model, or perhaps you are lucky enough to have an 8". It would seem that the width of the jointer limits the height of the resaw operation- if you want to joint first. With a 6" or even 4" jointer though, you can end up with wider stock by jointing and resawing at this lesser width and then edge gluing. You can face joint stock that is wider than your jointer knives with this procedure. Set the jointer to take a light pass, say 1/32". Put. | Foreign Investment in U.S. Securities James K. Jackson Specialist in International Trade and Finance November 18 2009 Congressional Research Service 7-5700 www.crs.gov RL32462 CRS Report for Congress------------- Prepared for Members and Committees of Congress Foreign Investment in U.S. Securities Summary Foreign capital inflows are playing an important role in the U.S. economy by bridging the gap between domestic supplies of and demand for capital. In 2008 as the financial crisis and global economic downturn unfolded foreign investors looked to U.S. Treasury securities as a safe haven investment while they sharply reduced their net purchases of corporate stocks and bonds. In the first two quarters of 2009 foreign capital inflows dropped sharply reflecting an increase in savings by households and businesses and a continued decrease in U.S. liabilities to foreigners reported by U.S. banks and securities firms. Foreign investors now hold more than 50 of the publicly held and traded U.S. Treasury securities. The large foreign accumulation of U.S. securities has spurred some observers to argue that this large foreign presence in U.S. financial markets increases the risk of a financial crisis whether as a result of the uncoordinated actions of market participants or by a coordinated withdrawal from U.S. financial markets by foreign investors for economic or political reasons. Congress likely would find itself embroiled in any such financial crisis through its direct role in conducting fiscal policy and in its indirect role in the conduct of monetary policy through its supervisory responsibility over the Federal Reserve. Such a coordinated withdrawal seems highly unlikely particularly since the vast majority of the investors are private entities that presumably would find it difficult to coordinate a withdrawal. The financial crisis and economic downturn however have sharply reduced the value of the assets foreign investors acquired which may make them more hesitant in .
