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To: Jim from C-Town

Hate to tell ya, but have been hearing a lot about how vast tracts of federal land (which they have been seizing via Agenda 21 “preservation” subterfuge for years now) as well as natural mineral and energy resources (which the feds have been capping off and saving for them) have been collateralized to cover a lot of that debt.

You don’t really think that the Chicoms would loan us all that $$ without some collateral to secure it with, do you?
These are not stupid people we are dealing with, here.

We can’t drill our own oil because our debt holders - China in particular - essentially own it- or at least hold a lien on it.

What else can China put a lien on after our politicarats default on our debt - as we all know they will?

One economist / Accountant I spoke with back in ‘05 said that they can not only attach State and Municipal property, but assess a portion of the debt to every US Citizen and put a lien on our homes, bank accounts, and personal property as well.
If you have any trusted connections within the FED, Check it out.
Last I saw, every American (including children) now “owes” about $55,000 of the debt.

Pay up your fair share or the Chicoms can legally (apparently) repo your truck, forclose on your home, evict you out on to the street, sweep your bank accounts and take whatever else they want. If you get behind on your payments, there is always the PLA collection agency, and they play for keeps.

There is probably a loyal communist Chinese family who would love to take up residence in what used to be your home.

Ask a subject of communist China how refusing to submit and surrender their guns or any property their government wants works out for ‘em.

Once the Chicoms start pumping “our” oil, strip mining our coal and resurrecting our heavy industry, don’t expect the environmentalists to say much of anything about it.
Our ruling elite will probably be living in luxury in some distant tropical paradise, laughing about how they fleeced We the Amerikan Sheeple to the bone.

I’m speculating that we might see some version of the division of the former USofA much like what was planned following WW-II had we lost.

Instead of Japan controlling everything West of the Mississippi it will be the PRC, with everything the Nazis were planning on owning East of the big Miss becoming part of the global Islamic Caliphate.

At the moment, Communists and Islamic Supremacists get along just fine and work together swimmingly.

We’ve pretty much lost our Republic folks - how long do you think we’re going to be able to cling to it’s material remnants once it’s gone?


53 posted on 01/21/2013 7:15:52 AM PST by George Varnum (Liberty, like our Forefather's Flintlock Musket, must be kept clean, oiled, and READY!)
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To: George Varnum

I highly doubt the Chinese have any signed agreements with us where we pledge land and national parks for them buying over one trillion in US Treasury securities. But what could happen in a cold war or hot war situation..... Is that China will demand we “do the right thing” as far as that one trillion+ and demand land and harbors and free trade zones. Otherwise we get *perhaps* a cyber attack that ruins our electrical transmission infrastructure in a few states. Could be something else to crash the dollar? Possibilities are endless

Read Tom Clancy’s Threat Vector for more on ChiCom cyber-warfare


55 posted on 01/21/2013 8:11:31 AM PST by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: George Varnum

Horse Shit!

What the F Are they going to do about it? Not a god damn thing. They will take the greenback or they can go straight to Hell. And there isn’t a thing they will do about it.

They aren’t about to launch a trade war, invade or drop the bomb.

As a matter of fact: When we default, we have done so on other occasions, they will take what we offer or they will get nothing.

I am not that old and still remember when Japan was going to take over the U.S. due to the purchase of land and buildings and debt. They never did. Their economy is in shambles and their demographics are at collapse levels. So is China’s.

Forty years of one child policies gives you lots of Men, but they are all only children. The parents of only children are even less likely to allow a war of any kind.


61 posted on 01/21/2013 1:52:23 PM PST by Jim from C-Town (The government is rarely benevolent, often malevolent and never benign!)
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