OBAMA GRANTED CHINA EMINENT DOMAIN AS COLLATERAL FOR US DEBTS?

[Cyberella]

Because it looks like our wonderful new administration is granting the Chinese eminent domain as collateral for US debts. Yea you read that right. That means when we can no longer pay for all this massive spending the Chinese can call in the loans and take our land.

The thought that American citizens and businesses could lose their land as a means of payment is downright scary. I highly doubt ANY American citizen would have voted for Obama if they knew this was coming down the pike.


LiveLeak.com has the story and appears to have confirmation from both governments.


The written agreement was brought to Beijing by Secretary of State Hillary Clinton and was formalized and agreed-to during her recent trip to China.

This means that in the event the US Government defaults on its financial obligations to China, the Communist Government of China would be permitted to physically take -- inside the USA -- land, buildings, factories, perhaps even entire cities - to satisfy the financial obligations of the US government.

Put simply, the feds have now actually mortgaged the physical land and property of all citizens and businesses in the United States. They have given to a foreign power, their Constitutional power to "take" all of our property, as actual collateral for continued Chinese funding of US deficit spending and the continued carrying of US national debt.


What is amazing is that the administration would actually trust the chinese to not call in the debt. Seriously, if anybody in the chinese government get the bright idea that expansionism is a cool thing to do we are up shiite creek.

Forget talking about socialism, we might end up half owned by communism before this is all over with. The irony is that China has discovered the beauty of capitalism in the last few years and yet our current government wants to get rid of it. What better way than to just hand it over?

How about that for some serious change you can count on? "Hope" you like losing your land to foreigners with the written authority of the U.S. government.
http://patriotroom.com/article/be-prepared-to-learn-chinese

[Cyberella]

No comments? Do you think this is true?
I wouldn't put anything past Obama and the Demorats.

[briann]

No comments? Do you think this is true?
I wouldn't put anything past Obamba and the Demorats.

China is opportunistic... and as our debt grows more and more... they will have less and less incentive to hold on to it... as it looks more and more risky, and there is just TOO MUCH of it... so they WILL look to other avenues.  They may ask for MUCH higher interest rates... and they may start to diplomatically push us into a corner on SEVERAL key issues, and may attempt to 'extract' money from us in other ways.

[Masha]

I saw this on Texas darlin'. I don't know what to say. This is too surreal. But maybe something like this can wake Americans up. If there is a new revolution in the US against the tyranny of the Bolshevik elites, I doubt very seriously that the new leader will honor any promises made to China by Obama. If by that time, the Chinese will take over some land and industry, the new patriots will just kick them off. (This is what happened in Russian revolution, by the way. Lenin refused to honor the debts of the previous Tsarist regime).

[Confederate Kahanist]

I was reading somewhere that they could like take over your house which is worth $200,000 though give you $20,000.  I think this is going to do some serious waking up.