Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

China has 'canceled US credit card': lawmaker
AFP ^ | Apr 30, 2009

Posted on 05/03/2009 4:02:42 PM PDT by george76

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-52 last
To: al baby

I expect to see China starting to own real property and businesses in the US, and the eventual return of debtors’ prison. Our own government will become their enforcer.


41 posted on 05/03/2009 6:14:30 PM PDT by The Duke (I have met the enemy, and he is named 'Apathy'!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Principled

Unlike the US elite, the chi-coms look out for their own country’s interest. Pretty sickening for us as it shows just how evil our elite “citizens of the world” are.


42 posted on 05/03/2009 6:41:31 PM PDT by SaraJohnson
[ Post Reply | Private Reply | To 2 | View Replies]

To: The Duke

This happened with Japan here in Texas in the mid- to late- eighties.

They wound up crashing, and we got our stuff back at pennies on the dollar.

Only problem, China got nukes..


43 posted on 05/03/2009 6:59:17 PM PDT by txhurl (fish are fixin' to fear me)
[ Post Reply | Private Reply | To 41 | View Replies]

To: george76

The Fed is buying the paper from the Treasury


The ultimate toxic asset


44 posted on 05/03/2009 7:45:32 PM PDT by bioqubit
[ Post Reply | Private Reply | To 33 | View Replies]

To: al baby

>so is lead

The kind coated with copper, especially.


45 posted on 05/04/2009 6:59:43 AM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
[ Post Reply | Private Reply | To 8 | View Replies]

To: txhurl; george76

The article mentions Rep. Mark Kirk (my congressman). He says that he’s a Republican, but he’s pro-choice, pro-gun control, pro-gay marriage, pro-spending increases, pro-illegal alien, and anti-Iraq surge. He should run as a Democrat.


46 posted on 05/04/2009 7:30:32 AM PDT by PhilCollins
[ Post Reply | Private Reply | To 43 | View Replies]

To: demsux; george76; BOBTHENAILER
"If you’ve been following our “bizzaro” market...you’ll know that bad news makes the market go up."

Yep! At this time the Dow is up over 2%. Wall Street seems to have been take over with Obamabots, smoking and using what he did in college.

47 posted on 05/04/2009 7:30:37 AM PDT by Grampa Dave (Does Zer0 have any friends, who are not criminals, foriegn/domestic terrorists, or tax cheats?)
[ Post Reply | Private Reply | To 12 | View Replies]

To: george76

Ah, the ironies of history.

The Chinese communists preserve US capitalism by pulling the plug on Barry the Communist’s plan to socialize and enslave our nation with massive government debt.


48 posted on 05/04/2009 9:03:37 AM PDT by mojito
[ Post Reply | Private Reply | To 1 | View Replies]

To: RWB Patriot
WOuldn't it be ironic if this ChiCom move is what halts our stampede to socialism? Of course, Oba Mao could just print money, but then our other creditors (Japan, Arabs, etc.) may end up sitting on their hands at the next T-Bill auction too.

Then we have hyperinflation like Germany in 1923. We know where that led.

49 posted on 05/04/2009 9:05:37 AM PDT by Vigilanteman (Are there any men left in Washington? Or, are there only cowards? Ahmad Shah Massoud)
[ Post Reply | Private Reply | To 23 | View Replies]

To: george76

The least they could do is build us some printing pre$$es.


50 posted on 05/04/2009 9:43:49 AM PDT by Nickname
[ Post Reply | Private Reply | To 1 | View Replies]

To: Vigilanteman

Couldn’t happen as easily here in America. Too many entitlement types; even Nazi Germany demanded people work.


51 posted on 05/04/2009 10:02:09 AM PDT by RWB Patriot ("Let 'em learn the hard way, 'cause teaching them is more trouble than they're worth,")
[ Post Reply | Private Reply | To 49 | View Replies]

To: george76
Obamastupid has set us up for blackmail. All China has to do is promise to buy more treasury notes if he give them more military secrets as well as ship them more high tech weapons.
52 posted on 05/04/2009 1:46:05 PM PDT by Evil Slayer (Onward, Christian soldiers, marching as to war)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-52 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson