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Feds grant eminent domain as collateral to China for US debts.
LiveLeak ^ | February 26, 2009 | Staff

Posted on 03/09/2009 1:20:28 PM PDT by La Enchiladita

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 con More..tinued 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.


TOPICS: Conspiracy
KEYWORDS: 4kooks; bluengoldbully; china; cuespookymusic; economy; halturner; hoax; hype; morethorazineplease; rumor; scaremongering; troll; trolling
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Remember, this is a leak. So we don't know if true.
1 posted on 03/09/2009 1:20:28 PM PDT by La Enchiladita
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To: La Enchiladita
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.

I'll wait for the actual documents if you don't mind.

2 posted on 03/09/2009 1:22:21 PM PDT by Non-Sequitur
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To: La Enchiladita
It's Bush's Obama's Fault!


3 posted on 03/09/2009 1:22:51 PM PDT by geo40xyz (BE PREPARED: Geo The Engineer says its HUSSEIN & the MSM fault for next 4 years:-))
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To: La Enchiladita

The BS meter is pegged on this one.

Legally, Congress would have to ratify such an agreement.


4 posted on 03/09/2009 1:23:20 PM PDT by kidd (Obama: The triumph of hope over evidence)
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To: La Enchiladita

it will be a bloodbath. If that happened, there would be blood in the streets.


5 posted on 03/09/2009 1:23:23 PM PDT by Michigan Bowhunter (Democrat socialist liberal scumbags.....how did we let this happen!)
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To: La Enchiladita

This is huge if true. Giant.


6 posted on 03/09/2009 1:23:24 PM PDT by TheZMan (Secede.)
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To: La Enchiladita
There's no way China would ever be able to enforce it's claim...unless it had the support of US Courts, police and the United States Army:)

But with these Bozos in Washington, who knows?

7 posted on 03/09/2009 1:23:51 PM PDT by Mariner
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To: La Enchiladita

They can start with all those liberal voter properties that voted for The 0 ..... with O’s place first ....


8 posted on 03/09/2009 1:24:02 PM PDT by SkyDancer ('Those who hammer their guns into plows will plow for those who do not..' ~ Thomas Jefferson)
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To: La Enchiladita

This had dammed well BETTER not be true!!!!!!!


9 posted on 03/09/2009 1:24:09 PM PDT by Uncle Ike (At some point, government has to be the next bubble to burst. (H/T Freeper This_far))
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To: TheGrimReaper; SeaDragon

Still rumor, no actually facts or documents yet.


10 posted on 03/09/2009 1:24:33 PM PDT by RikaStrom (Bitter? Who me? Nah, I'm just clinging to my guns!)
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To: La Enchiladita

I doubt this is true. About a decade to early.


11 posted on 03/09/2009 1:24:36 PM PDT by ChinaThreat (3)
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To: La Enchiladita

Nothing personal but this sounds like BS.


12 posted on 03/09/2009 1:24:40 PM PDT by Constitution Day
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To: La Enchiladita

Been posted a few times but nobody has been able to confirm it through legit sources so it keeps getting yanked.

Bad news if true, and definitely shooting worthy imo, but I don’t believe it.


13 posted on 03/09/2009 1:25:22 PM PDT by Domandred (Hope is the first step on the road to disappointment.)
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To: La Enchiladita

Scary, Im sure this isnt true. Hell, I dont know what to believe anymore. Im sure MSM wont ask?


14 posted on 03/09/2009 1:25:28 PM PDT by GoCards
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To: kidd
PhotobucketPhotobucket

Yes, at least two:-()

15 posted on 03/09/2009 1:26:08 PM PDT by geo40xyz (BE PREPARED: Geo The Engineer says its HUSSEIN & the MSM fault for next 4 years:-))
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To: La Enchiladita

Oh, please.


16 posted on 03/09/2009 1:26:37 PM PDT by MeganC (Palin-Limbaugh 2012)
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To: La Enchiladita

Yes, we don’t know if it’s true.

It is apparent, however, that Hillary offered them something to take on our debt. What else do we have to offer? China is not going to bail us out without getting more than they deserve. SOP.


17 posted on 03/09/2009 1:26:49 PM PDT by AuntB (The right to vote in America: Blacks 1870; Women 1920; Native Americans 1925; Foreigners 2008)
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To: La Enchiladita

I’m reading Edward Gibbon, currently, and so this isn’t too surprising.


18 posted on 03/09/2009 1:27:37 PM PDT by SoDak (Molon Labe)
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To: administrator

BS ping


19 posted on 03/09/2009 1:28:07 PM PDT by MeganC (Palin-Limbaugh 2012)
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To: La Enchiladita
I'm still waiting for someone to fax me the official documents from a Kinkos in Abilene, Texas, before I believe this.
20 posted on 03/09/2009 1:29:07 PM PDT by KarlInOhio (Obama: removing the speed limit on the Road to Serfdom)
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To: La Enchiladita
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 con More..tinued purchase of US Treasury Notes and existing US Currency reserves!

The Federal government does not have the Constitutional authority to conclude such an agreement.

That means there's nothing to stop them.

21 posted on 03/09/2009 1:30:19 PM PDT by Carry_Okie (The environment is too complex and too important to manage by central planning.)
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To: La Enchiladita

Not going for this.


22 posted on 03/09/2009 1:30:25 PM PDT by jazusamo (But there really is no free lunch, except in the world of political rhetoric,.: Thomas Sowell)
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To: La Enchiladita

I heard about this a while back. I sure would like to get a confirm. It seems beyond belief but considering what now lives in the WH I would not be surprised.


23 posted on 03/09/2009 1:30:26 PM PDT by DogBarkTree (Sometimes you have to let it go in order to get a Grip.)
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To: La Enchiladita

24 posted on 03/09/2009 1:30:32 PM PDT by reagan_fanatic (Let the 2nd American Revolution begin!)
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To: La Enchiladita

It greatly pains me to have to admit that people on the right lie almost as much as those on the left. As the late Dr Michael Crichton wisely observed, we live in the disinformation age. I need some hard proof to believe this particular story.


25 posted on 03/09/2009 1:31:07 PM PDT by devere
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To: kidd

Absolutely. That type of agreement has to be ratified.


26 posted on 03/09/2009 1:31:19 PM PDT by Knitting A Conundrum (Beware, world! I haz camera!)
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To: La Enchiladita; Admin Moderator

PLEASE DON’T POST CRAP FROM CRAP SITES


27 posted on 03/09/2009 1:31:45 PM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: La Enchiladita

I’m surprised this thread is still here. The last two or three were pulled quickly.

Maybe it’s the disclaimer you used.

Most rumors have some basis in fact. I believe this one does.


28 posted on 03/09/2009 1:31:49 PM PDT by papasmurf (Trow da' bum out!)
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To: La Enchiladita
Remember, this is a leak. So we don't know if true.

It's not.

29 posted on 03/09/2009 1:32:09 PM PDT by Arguendo
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To: La Enchiladita

What’s the source, API?


30 posted on 03/09/2009 1:33:28 PM PDT by mysterio
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To: AuntB
It is apparent, however, that Hillary offered them something to take on our debt.

They want to buy our debt. It drives up our currency relative to theirs, helping their export industries.

31 posted on 03/09/2009 1:34:00 PM PDT by Arguendo
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To: La Enchiladita
There is a rich store of nativist and jingoistic Yellow Peril material from the 19th and early 20th Century, that illustrates the apprehension this supposed development evokes.


32 posted on 03/09/2009 1:34:09 PM PDT by Plutarch
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To: TheZMan

Hugh, and series.


33 posted on 03/09/2009 1:35:18 PM PDT by OKSooner ("He's quite mad, you know." - Sean Connery to Honor Blackman in "Goldfinger".)
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To: TheZMan

If true, it would probably lead to Civil War. I doubt O would be so obvious.


34 posted on 03/09/2009 1:37:59 PM PDT by GeronL (Will bankrupting America lead to socialism?)
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To: La Enchiladita

I don’t think we need to offer the Chinese any incentives to buy our debt.

They have to do something with their dollars, and though it may seem strange, all the other currencies are in worse shape than the USD.


35 posted on 03/09/2009 1:38:27 PM PDT by ChicagahAl (Don't blame me. I voted for Sarah.)
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To: Non-Sequitur

If you see it, let me know.
I may live in OHio but I’m from Missouri...Show Me!


36 posted on 03/09/2009 1:40:55 PM PDT by griswold3 (a good story is more compelling than the search for truth)
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To: La Enchiladita
Photobucket Here`s another meter. Hoping it`s rumor.
37 posted on 03/09/2009 1:41:00 PM PDT by He who knoweth not his name
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To: Non-Sequitur

It sounds ridiculous, but this is a time for ridiculous measures like a 3.6 trillion budget with a 1.8 trillion deficit that obama proposed.

Basically, our treasury notes may be worthless and the chinese may want to dump them if not for some guarantee.

Dumping the notes by the chinese would cause a worldwide run on the dollar effectively “bombing the world back to the stone age”.


38 posted on 03/09/2009 1:41:16 PM PDT by staytrue (YES WE CAN, (everyone should get in the practice of saying it, it will soon be mandatory))
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To: kidd
"Legally, Congress would have to ratify such an agreement."

Back in the days of the Constitution you would have been correct.


39 posted on 03/09/2009 1:43:52 PM PDT by Joe 6-pack (Que me amat, amet et canem meum)
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To: kidd
Legally, Congress would have to ratify such an agreement.

First, legality means nothing to this Congress. Second, it might be buried in the porkulus package. But, how would we know, no one read it!

40 posted on 03/09/2009 1:44:05 PM PDT by Bushbacker1 (I'll miss President Bush greatly! Palin in 2012!)
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To: La Enchiladita

House Vote:

http://rules-republicans.house.gov/ShortTopics/Read.aspx?ID=237
H.R. 1105 — Omnibus Appropriations Act, 2009

February 24, 2009

H.R. 1105 – Omnibus Appropriations Act, 2009
Managers: McGovern / Sessions

Motion offered by Foxx
To make in order and provide the appropriate waivers for amendment #6, offered by Rep. Goodlatte (R-VA), which would prevent funds in the bill from being used to exercise the power of eminent domain to take private property from a private entity and give that property to another private entity, while exempting certain enumerated uses, such as highways, prisons, public utilities, and in cases of national emergencies or national disasters declared by the President.

Defeated 4 to 7*


41 posted on 03/09/2009 1:44:18 PM PDT by Calpernia (Hunters Rangers - Raising the Bar of Integrity http://www.barofintegrity.us)
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To: kidd

See post 41


42 posted on 03/09/2009 1:44:59 PM PDT by Calpernia (Hunters Rangers - Raising the Bar of Integrity http://www.barofintegrity.us)
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To: SkyDancer

To them, the thought of taking orders from a Communist commisar is probably a wet dream.


43 posted on 03/09/2009 1:45:18 PM PDT by rbg81 (DRAIN THE SWAMP!!)
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To: AuntB

“It is apparent, however, that Hillary offered them something to take on our debt. What else do we have to offer? China is not going to bail us out without getting more than they deserve. SOP”

For the love of god, people, please research this topic. Not on Sinophile sites or Sinoscare sites. Google some monetary econ blogs and read a little bit. China doesn’t need to be “offered something” to keep “taking on” our debt, China buys our debt because it has to for many reasons, all of which relate to its own economic survival.

Repeating, China buys our debt for the same reason it has ALWAYS bought our debt and will continue to buy our debt at varying levels - because it NEEDS to.

It is not complicated to understand this.


44 posted on 03/09/2009 1:45:48 PM PDT by Sandreckoner
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To: Non-Sequitur

You may have to wait a long time, even if it’s true. This admin. can hide birth certificates, school transcripts, theses, and close relatives for indefinite periods of time.


45 posted on 03/09/2009 1:45:54 PM PDT by hellbender
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To: La Enchiladita

Crackpots and FR - it’s getting tiresome.


46 posted on 03/09/2009 1:48:14 PM PDT by telebob
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To: hellbender
"You may have to wait a long time, even if it’s true. This admin. can hide birth certificates, school transcripts, theses, and close relatives for indefinite periods of time."

I think hiding something like this would be even more difficult...at least I would hope.

47 posted on 03/09/2009 1:49:13 PM PDT by Earthdweller (Socialism makes you feel better about oppressing people.....)
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To: La Enchiladita; All

Why wouldn’t this be true? The SCOTUS already said it was ok to take land so someone else could make more money from it(Kelo). If China, or anyone else bought our debt, what other collateral would they have? Our worthless money?


48 posted on 03/09/2009 1:50:06 PM PDT by stevio (Crunchy Con - God, guns, guts, and organically grown crunchy nuts.)
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To: La Enchiladita

The sad thing is that many people would believe this or not be surprised if it turns out to be true. I don’t believe it now, but I wouldn’t be surprised.

Time for affirming your state’s rights in your state legislature. Be prepared to back it up.

Also, buy more ammo.


49 posted on 03/09/2009 1:50:32 PM PDT by MichiganConservative (You are a slave. The government is your owner and master. For many slaves, it is also their god.)
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To: La Enchiladita

So the day will come when Wun-hung-lo comes to my door and orders me from “his” house? My internal “caca grande” meter is buzzing like hell. Not that I would put it past der Fuhrer, but I think that this would be the type of news even his wholly owned and operated MSM couldn’t keep quiet. And woe to him and his brownshirts if it should get out and be proven. Nope. Don’t buy it. But then I was wrong about the Jets/Colts Super Bowl too!


50 posted on 03/09/2009 1:51:03 PM PDT by Oldpuppymax (AGENDA OF THE LEFT EXPOSED)
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