Who did this? Tim Geithner, who works for the marxist current present_dent. And this capability is unique. No other country can do this. This SHOULD NOT be happening- no way to monitor the fake money and debt notes held by our ENEMY. Anyone who says we should not be stopping a nation, that we unwillingly (except by obamaists whose goal is to dismantle our Constitutional Republic under the political guise of "removing" unpopular middlemen) allow to continue to finance our catastrophic national debt, misses the point. Goldman has offices in China-- good Lord! They are party to this, tracking and dealing still-- and supporting these marxists.
We the People, make our laws. And we should not allow this Treasury/Fed love dance to continue on the dance floor we BUILT! Call your congressman/ Senator. This must stop!!
"Give me control of a nation's money and I care not who makes her laws." Mayer Amschel Rothschild
They’re just pieces of paper. Let’s default on them and see what happens when they come and try to collect. Even 10 million Chi-Com soldiers wouldn’t stand a chance against the 100 million gun owners who are part of the real owners of this country.
We’ll let them take all the politicians who spent the money as hostages, but I doubt they’d want them.
Spain has tried to establish a similar relationship with Germany but the Germans will not fall for it. It allows the debtor to avoid rating agency down-grades and rate increases in return for giving up some central bank control.
With the current traitor in the WH, it’s anybody’s guess what we are giving China in return; probably defense/technology secrets or policy control.
Something’s going on behind the scenes...
US and European regulators are essentially forcing banks to buy up their own government's debt—a move that could end up making the debt crisis even worse, a Citigroup analysis says.
Regulators are allowing banks to escape counting their country's debt against capital requirements and loosening other rules to create a steady market for government bonds, the study says.
My guess is that in return, the US Treasury (i.e., Obama) now gets to enter into private deals with China that will not involve the FED. In other words, he can make side deals on interest rates, etc. that won’t go public....
What do you think it’s for? Politics is power AND money. Follow the money - why would they do this unless it were for deals they wouldn’t want to go public?