What I found. Unsure as cause I don’t listen to, nor have I heard of Hal Turner.
http://www.halturnershow.blogspot.com/2009/02/feds-grant-eminent-domain-as-collateral.html
February 26, 2009
FEDS GRANT EMINENT DOMAIN AS COLLATERAL TO CHINA FOR U.S. DEBTS!
Beijing, China — 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!
On February 11, Bloomberg Business News reported that China was seeking “guarantees” for its US Government debt (Story Here), and it now appears they got it. Well placed senior sources at the US Embassy in Beijing CONFIRM the formal written agreement was delivered by Secretary of State Hillary Clinton 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 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.
Eminent Domain is the power of government to TAKE private property for public use without the consent of the property owner. Under our Constitution, the government can only “take” when providing “just compensation” for what they’ve taken.
Who decides what constitutes “just compensation?” The government!
in past “takings” homeowners who felt the government was not paying them enough for property have filed lawsuits. In absolutely every such case, the value placed upon the property by the government was upheld by the courts.
Our federal government has now granted to China, this power to “take” our homes and businesses in the event the US Gov’t defaults on its debts.
Let’s play this out as a worst case scenario. . . . . .
The US Gov’t goes belly-up and China comes in and says, “they owed us $700 Billion in Treasury Notes and another $2 Trillion in actual cash money which is now worthless. We are taking the entire state of Hawaii and the entire state of California in lieu of this bad debt. “
With the stroke of a Chinese chop stick, Hawaii and California — all the land and buildings in those states — are now owned by China.
The “taking” would be a “valid public use” because it was “taken” in payment of the public debt!!!!
China could then turn around and declare the value of all that land to be worth. . . . . I dunno, ten cents on a dollar?
If you own a $200,000 house in either state, you get a Chinese check for $20,000.
Needless to say, the property owners would go ballistic and demand “just compensation” for what was taken. Who gets to decide what is “just?” China!
Don’t think you got a fair price for what they took? No problem, sue China. You’ll lose.
People who live in those states and own their land outright, might be able to negotiate with China to “rent” back what used to be their own property, as long as they continue to pay all their taxes (to China) ; but the land and buildings would belong to China!
This is what our own Government has just done to us and it is the single most vile act of betrayal in the history of human existence.
State Governments Knew This Was Coming
In early February nine U.S. States began the process of re-asserting their Sovereignty pursuant to the Ninth and Tenth Amendments to the US Constitution; declaring null and void any actions by Congress that violated the Constitution.
At the time, I wrote about those state efforts (Here) and wondered why so many states were taking-up such an arcane issue in such a seemingly urgent fashion. I guess now, we know why.
The states were obviously privy to what the feds were planning to do with granting Eminent Domain to China. The states took action to make certain the feds couldn’t give away cities or the states themselves!
This situation is going to get VERY ugly, VERY fast as one sovereign power (the feds) tries to literally give away the land of other sovereign powers, (the states). This is the type of thing that starts Civil War.
Our present federal government makes the treachery and betrayal of Benedict Arnold look like child’s play.
Also:
www.liveleak.com/view?i=0f8_1235673139
educate-yourself.org/cn/ottchinaeminentdomain27feb09.shtml
atlasshrugs2000.typepad.com/atlas_shrugs/2009/02/obama-grants-eminent-domain-rights-to-american-land-to-china.html
I’ll let more knowledgeable folks respond and report on this.
Hi K-oneTexas, you quoted an article for us and it said — On February 11, Bloomberg Business News reported that China was seeking “guarantees” for its US Government debt (Story Here), and it now appears they got it. Well placed senior sources at the US Embassy in Beijing CONFIRM the formal written agreement was delivered by Secretary of State Hillary Clinton during her recent trip to China.
—
Note that the Bloomberg article started off this way —
Feb. 11 (Bloomberg) — China should seek guarantees that its $682 billion holdings of U.S. government debt won’t be eroded by “reckless policies,” said Yu Yongding, a former adviser to the central bank.
The U.S. “should make the Chinese feel confident that the value of the assets at least will not be eroded in a significant way,” Yu, who now heads the World Economics and Politics Institute at the Chinese Academy of Social Sciences, said in response to e-mailed questions yesterday from Beijing. He declined to elaborate on the assurances needed by China, the biggest foreign holder of U.S. government debt.
—
So, it’s apparent that they’re talking about their worries about inflation coming from our printing presses. They’re probably seeking assurances that we’ll “boost” the payments to offset any “inflation” that we create by “our policies”. In other words, if our inflation rate is way high because of all the borrowing, then they’ll probably want something to offset the inflation rate for what they are loaning out. What that means, unfortunately, is *more money* — but *absolutely nothing* indicates *anything* about eminent domain issues... LOL...
THEN, you’ll note that your article that you quoted in your post says — “Well placed senior sources at the US Embassy in Beijing CONFIRM the formal written agreement was delivered by Secretary of State Hillary Clinton during her recent trip to China.”
HECK! It doesn’t *even say* -— WHAT — was contained in the delivered document. Note that carefully. The writers of this story have “spun” the so-called news that some document was delivered to the Chinese into a story that it supposedly backs up what they’re saying... LOL...
On top of that, the *source* is those so-called “well placed senior sources” ... double LOL...
With that kind of attribution, I could make up *any story I wanted* out of absolutely nothing and make it sound like I’ve sold the entire country of the United States to space aliens of another space civilization and the UFOs we’ve been seeing are them coming in to collect the debt... :-)
This is a phoney-baloney story. And you know it’s a phoney-baloney story when you’ve got people quoting “You-Tubers” for authoritative sources...