FEDS GRANT EMINENT DOMAIN AS COLLATERAL TO CHINA FOR U.S. DEBTS.

HeXploiT

Diamond Member
Jun 11, 2004
4,359
1
76
Alright we clearly need a better source for this but this story is taking off like wildfire.
I know the socialism train is steamrolling right along but I find it hard to believe we've come this far just yet.
Hopefully this will be proven BS right quickly.

Beijing, China -- Sources at the United States Embassy in Beijing China have just CONFIRMED to me that the United States of America has tendered to China a written agreement which grants to the People's Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China's continued purchase of US Treasury Notes and existing US Currency reserves!

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.

This is an unimaginable betrayal of every man, woman and child in the USA. An outrage worthy of violent overthrow.

I am endeavoring to obtain images or copies of the actual document but in the interim, several different sources both in the US and in China have CONFIRMED this to me.

More details as they become available. . .

Source


---------------------------------------
Let us not spread this FUD until it is verified

Senior Anandtech Moderator
Common Courtesy
 

sandorski

No Lifer
Oct 10, 1999
70,749
6,319
126
If DMcowan were here, his crazed ranting would actually seem quite an accurate description of what's happening to the Republican supporters right now. Never heard of Fourwinds10.com and I suspect for good reason.
 

Craig234

Lifer
May 1, 2006
38,548
350
126
Standard operating procedure for right-wing propaganda:

When lacking any facts for any accurate 'attack', make crap up sounding just fancy enough ('eminent domain') and pushing hot buttons to scare the knuckle draggers.

They've found it doesn't have to be accurate, all it has to do is to trigger the fear around one of the programmed hot buttons, and it has the desired effect of reinforcing ideology.

Just as their are anti-biotic resistant bacteria, these are truth-resistant ideologues.
 

Red Dawn

Elite Member
Jun 4, 2001
57,529
3
0
Originally posted by: HeXploiT
Alright we clearly need a better source for this but this story is taking off like wildfire.
I know the socialism train is steamrolling right along but I find it hard to believe we've come this far just yet.
Hopefully this will be proven BS right quickly.

Beijing, China -- Sources at the United States Embassy in Beijing China have just CONFIRMED to me that the United States of America has tendered to China a written agreement which grants to the People's Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China's continued purchase of US Treasury Notes and existing US Currency reserves!

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.

This is an unimaginable betrayal of every man, woman and child in the USA. An outrage worthy of violent overthrow.

I am endeavoring to obtain images or copies of the actual document but in the interim, several different sources both in the US and in China have CONFIRMED this to me.

More details as they become available. . .

Source

You feel comfortable using that Whack Job Site as a source?
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
Bullsh*t, this story is rubbish. Thread fail. Reeks big time of internet-created horror with not plausibility at all.

BTW, a tip for you: In the future if you don't see a story like this echoed at Drudge, you REALLY know it's not true :)
 

JEDIYoda

Lifer
Jul 13, 2005
33,986
3,321
126
Originally posted by: HeXploiT
Alright we clearly need a better source for this but this story is taking off like wildfire.
I know the socialism train is steamrolling right along but I find it hard to believe we've come this far just yet.
Hopefully this will be proven BS right quickly.

Beijing, China -- Sources at the United States Embassy in Beijing China have just CONFIRMED to me that the United States of America has tendered to China a written agreement which grants to the People's Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China's continued purchase of US Treasury Notes and existing US Currency reserves!

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.

This is an unimaginable betrayal of every man, woman and child in the USA. An outrage worthy of violent overthrow.

I am endeavoring to obtain images or copies of the actual document but in the interim, several different sources both in the US and in China have CONFIRMED this to me.

More details as they become available. . .

Source

are you sure your other name isn`t winnar111???
 

bobsmith1492

Diamond Member
Feb 21, 2004
3,875
3
81
In other news, the US sold Alaska to Russia in exchange for 1 trillion barrels of oil over the next 5 years and sold Texas to Mexico. It is expected that Texas will fight for and win back their independence and can then be re-admitted to the union.
 

alchemize

Lifer
Mar 24, 2000
11,486
0
0
LOL this is crazy.

Like I said in another thread...progression from 9/11 Bush Illuminati nuts, to Ron Paul nuts, to Obama Birth Certificate Communism nuts.

edit: Holy shit, this is Perry404, who is all three at once :)

double edit: Pretty funny for Craig and Sandorski to attribute this to a "right winger". Idiots.
 

bbdub333

Senior member
Aug 21, 2007
684
0
0
Originally posted by: Craig234
Standard operating procedure for right-wing propaganda:

When lacking any facts for any accurate 'attack', make crap up sounding just fancy enough ('eminent domain') and pushing hot buttons to scare the knuckle draggers.

They've found it doesn't have to be accurate, all it has to do is to trigger the fear around one of the programmed hot buttons, and it has the desired effect of reinforcing ideology.

Just as their are anti-biotic resistant bacteria, these are truth-resistant ideologues.

Good thing there are hacks like you to balance things out on the other side.

http://www.dailykos.com/story/2006/2/5/12367/89592

Case in point.
 

halik

Lifer
Oct 10, 2000
25,696
1
0
Hahaha U.S. is getting historically low yields on unsecured national debt... why would anyone feel the need to secure it?

Look I understand this concept doesn't come in a form of an "educational" youtube video, so you can form your opinion without straining the brain, but bear with me:

Couple weeks US treasury notes hit NEGATIVE yields. That is the demand was so high that investors paid U.S. government to hold their money. In addition, all these treasury notes are backed by full faith and credit of the united states, not collateral (unsecured debt). Here's the thinking part - if U.S. Treasury notes are selling so well that investors don't need interest (or even pay us) to give up their money for a period of time, why would there be ANY need for collateral or secured debt?