Posted on 02/28/2009 4:33:45 PM PST by rocco55
Edited on 03/01/2009 5:59:06 PM PST by Admin Moderator. [history]
This seems too outlandish to be true, but news source appears legitimate.
"The time for partisan bickering just ended. This is as serious as a heart attack. Obama is going to spend so much money, which he intends to get from China via the sale of government backed bonds, that the Chinese apparently don't think he'll be able to make good on them.
So President Obama gave the Chinese eminent domain rights to American land and businesses as collateral - i.e. we don't pay, they now own America."
(From Patriot Room.)
"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. (Live Leak has more details.)
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 continu More..ed 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 cannot stand. It is traitorous and Obama should be impeached.
Mod note: Hal Turner via Google
I am proud to be the first to post a reply! FROM MY COLD DEAD HANDS!
This seems hard to believe, even for the Great Usurper. I’ll wait for independent confirmation on this before I go nuts over it.
Joke is on Obama. The Chi-coms will ahve to get behind the Dutch and the British Crown. Their claim goes back to 1933.
The Clintons gave the Chicoms MERV technology that could be used to nuke our cities, and now the right to take our land from beneath our feet. She and her husband, and Mama “O” and nothing but a bunch of traitors.
One sore spot is San Francisco. Although this might receive popular support here in America, the Chicoms are drawing the line at the San Fran "values" and the San Fran "gay parade". They have been telling the negotiators that they don't want any of those people. Yet, with San Fran at the top of the "tradesies" list, it seems inescapable that the Chicoms will have to come face to face with their market for sequened jockstraps and leather strip vests.
Several economists asked "Hey, they must have been curious what that stuff was about, right?"
Ping to confirmation
What happened to the original thread on this subject this morning?
If it’s confirmed, it could give some States impetus to write Conditional Declarations of Secession, to be triggered in case any of their territory was given away.
I bet people that believe this also bought a subprime loan.
THIS has been posted many, many times here and every time it gets deleted. Maybe that should tell you if it’s true or not.
It was pulled? Wonder what happened.
Excerpt:
"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.
"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 probably lunacy.
Still unconfirmed. Just the rumor mill at this point.
Mugabe did this to Zimbabwe where Libya essentially owns the country now for all the oil Libya gave Zim.
We need for the states under the 10th Amednment to take back ALL the land stolen by the federal govt. This is especially true for states like Utah with clean coal worth trillions. The Feds stoles the land the clean coal is on.
China doesn’t have the military capacity to take the property in the first place.
...I’ll wait for independent confirmation on this before I go nuts over it.
***There was a thread a few days ago about this that evidently got pulled as well as one this A.M.
Probably a good idea to wait for confirmation.
ENEMIES. FOREIGN. AND. DOMESTIC!
What a bunch of traitors!
>This is probably lunacy.
And this administration is an exercise in SANITY?
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