Posted on 01/20/2013 5:50:39 PM PST by Nachum
NEW YORK – Could real estate on American soil owned by China be set up as “development zones” in which the communist nation could establish Chinese-owned businesses and bring in its citizens to the U.S. to work?
That’s part of an evolving proposal Beijing has been developing quietly since 2009 to convert more than $1 trillion of U.S debt it owns into equity.
Under the plan, China would own U.S. businesses, U.S. infrastructure and U.S. high-value land, all with a U.S. government guarantee against loss.
Yu Qiao, a professor of economics in the School of Public Policy and Management at Tsighua University in Beijing, proposed in 2009 a plan for the U.S. government to guarantee foreign investments in the United States.
(Excerpt) Read more at wnd.com ...
They have a problem. The US owes them a lot of money.
I’m sure the Chinese will be following the script from the one world government folks, whatever it says.
Let ‘em.
Then nationalize every bit. Problem solved.
Next.............
Preach it, brother.
That is a myth and a lie. Free Traitors tend to be liars, so I'd expect as much.
The Asians are catching up and will need Mexicans for cheap labor.
The United States Constitution, Article I, Section 8:
“The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States;...To regulate Commerce with foreign Nations,...”
The Tariff Act of 1789 was the first national source of revenue for the newly formed United States.
Didn’t Hilary Clnton do that several years ago?
When you owe the bank a thousand the bank owns you.When you owe the bank a trillion *you* own the *bank*.
“The real threat to the USA has always been the greedy multi national corporations that put the Communists in the driver’s seat thanks to trade policies enacted by traitorous politicians of both Parties and NYC financiers who forgot their primary responsibility is allegiance to only the USA and to Americans.”
Can you say Dickie Blum ( DiFi’s husband) and Paul Pelosi (husband of you know who). These people have gotten rich doing deals with the Chinese at the expense of their country. They all should be hanging from a lamp post in downtown San Francisco.
China could ship an amount of people equal to the states population here and they wouldn’t even be missed over there...
“Because they are just going to give California to China.”
That Delta smelt funny. Somehow, I don’t think the Chinese will care one whit for it.
This article is laughable. What it says may happen is already an active program. This is not news. It is a writer totally uninformed.
“By definition, corporations are free to make a profit for their share holders the best way they can. If that involves cheaper labor, lower taxes or less restrictive regulations in other countries, that is where they will take their business. Instead of attacking the corporations, attack the greedy politicians who keep increasing taxes, pass more and more restrictive regulations and do not put the kabash on unfair trading practices by other nations.”
I could agree with that philosophy with USA corporations that employ and produce predominantly in the USA. Multi-national corporations should have no rights to lobby or influence our government. They are foreign entities. They don’t necessarily hire Americans and they pay little to no USA taxes, they get big kickbacks from local governments on taxes, they get tax credits for intellectual R&D that they then send to and use in China, and they have obvious zero loyalty to America.
We’ve had too many years of a US Congress that forgot that their mission was to protect the USA, be it our borders or economic warfare. We’d be better off using a hammer than a carrot on them and demand that they either employ Americans or they get no USA protection, or tax credits or opportunity to influence our Congress or government contracts. They’d either be producing in the USA and hiring Americans, or they’d be treated as the foreign entity that they are.
The reason we are in debt is because we were living in fantasy land on an economic credit card, where Wall St deal making was falsely considered GDP, and because so many real American jobs went off shore.
I think we could sell them our Interstate Highway System (with the right to toll at any level they wish) for about the amount of money we now owe them.
Fortunately Rick Perry didn’t become president, or the deal would have been completed by now.
That’s coming only first in line to buy what is ours will be the Wall St bankers that we bailed out, and then they will profit by selling our assets to the Commie Chinese along with Yellowstone and Grand Canyon.
The thieving deal makers that sank the economy and forced the politicians to bail them out are knocking on the door looking for more opportunity. They want what is ours but first they want our guns.
Unilateral tariffs are a loser. Tariffs to make trade fair are necessary. If China is imposing tariffs, we have a good reason to do something about it. It could be reciprocal tariffs or financial breaks to domestic outfits.
What I was talking about is unilateral tariffs based purely on a trade imbalance when both nations are on level ground.
One must remember, not every nation is most efficient in production of everything. To prosper industrially we must focus on things we are most productive at. For example no one can compete with quality of mechanical watches made in Switzerland. It would be fool hardy for us to impose tariffs on such watches.
I agree 100%. If we don’t wake up to the fact that the politicians of both Parties are selling us out for their reelections and cronies, we’re going to wake up in the near future and wonder what happened to our America?
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