More: Officials representing Qatar said the country is looking for long-term investments in a variety of industries. Three Delta, a fund backed by the Qatar Investment Authority, says it is principally focused on acquiring companies in the United Kingdom, and it aims to support existing management at the companies it buys.

The Qatari investment fund has also offered to pay $21 billion for British supermarket chain J. Sainsbury PLC. The fund has hired Tony Campbell, the former deputy chief executive of Wal-Mart Stores Inc.'s British division, to become nonexecutive chairman of Sainsbury if its takeover is successful.

Other big sovereign funds from the Middle East and Asia have said they are looking for undervalued brand-name businesses. A Dubai investment firm bought a big stake in DaimlerChrysler AG when the big German auto maker was suffering from quality problems at its Mercedes-Benz division. It sold the stake after a year, doubling its money.

Although most people dont realize it, we are defeated.
The US is done. stick a fork in it.