Feds grant eminent domain as collateral to China for US debts.

PapaG · Feb 26, 2009

Huh? This can't be true, can it?

http://www.liveleak.com

February 26, 2009
FEDS GRANT EMINENT DOMAIN AS COLLATERAL TO CHINA FOR U.S. DEBTS!
Beijing, China -- 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 continued 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 is an unimaginable betrayal of every man, woman and child in the USA. An outrage worthy of violent overthrow.

I am endeavoring to obtain images or copies of the actual document but in the interim, several different sources both in the US and in China have CONFIRMED this to me.
More details as they become available. . . . . spread the word ASAP.
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Shooter · Feb 27, 2009

Please tell me this isn't true.

julius · Feb 27, 2009

Shooter said: ↑

Please tell me this isn't true.
Click to expand...

It isn't.

I copied this from yahoo answers.

So you recieved it in a chain email - a spectacularly unreliable medium - when was the last time you got a chain email that wasn't a pack of lies.
It warns of some horrendous betrayal by the government - something it is not in the interest of elected officials to do.
It is unable to provide a shred of evidence to support the accusations - just anonymous sources.
It rests on a premise that is itself a lie - that China holds most of the national debt. In fact only about 30% is even owed to foreign bodies and of that less than 25% is owed to Mainland China. So in other words China is owed approx 6% of our National Debt.
http://www.treas.gov/tic/mfh.txt
http://www.brillig.com/debt_clock/

So given all this did your really even think for a second it might be true?
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crandc · Feb 27, 2009

The easiest way to tell these stories are bs is to look at source - a huge breaking story like this would be front page news on the NY Times, Washington Post, Newsweek - name it. But when you only see it on some obscure web site with anonymous sources, the BS meter should ring loudly.

Minstrel · Feb 27, 2009

It warns of some horrendous betrayal by the government - something it is not in the interest of elected officials to do.
Click to expand...

It is well within the interests of Hussein Obama to betray America to Communist China...communism is his desire for America, after all. Of course, he obviously wants America firmly in the hands of Islamicists, ultimately, but he probably couldn't get away with selling America directly to them. More likely, he gives America away to China (to "satisfy debts" of course) and China then sells the former America piece by piece to wealthy Arabs...generating hefty profits for the largest communist regime in the world.

Please prove me wrong. I hope to God I am...but everything about Hussein Obama makes this little scheme pretty clear.

MrJayremmie · Feb 27, 2009

LOL. Definitely not true (or at least doesn't sound true). What a sad day that would be, though.

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Feds grant eminent domain as collateral to China for US debts.

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Feds grant eminent domain as collateral to China for US debts.

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