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

  1. SparklingJewel profile image67
    SparklingJewelposted 8 years ago

    I picked this up from an online source...is it true???

    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 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 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.

    Link: http://www.liveleak.com/view?i=0f8_1235673139

    This can't be true! It's got to be an internet rumor.

    1. RKHenry profile image79
      RKHenryposted 8 years ago in reply to this

      I don't believe this. It makes no sense.  The United States is too gold wealthy.  Reporters and freelance news writers tend to forget about the gold lurking in the ground, mountains and hills of America.  It is far more plausible for the USA to blow holes in Yellowstone National Park than allowing China to foreclosed on USA land.  China has become the new world banker, but the USA is far too rich of a nation in gold to barter a deal like that.  This would of made news long ago and Clinton dislikes the Chinese very much.  She'd be the last one to make such a deal or deliver such loan papers.  Does sound like something Cheney and Bush would have approved of.  Maybe it was one of their concepts that has now made its way as a silly rumor.

    2. colorfulone profile image88
      colorfuloneposted 7 months ago in reply to this

      I could hardly believe this when I began reading the OP, but I have checked.  Obama and Hillary have sold us out to Communist China.  Maybe it is true that Hillary is a Communist Chinese agent and spy, Obama too. 

      http://www.factcheck.org/2009/03/eminently-nonsensical/

      Chain e-mail: 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.


      The Obama Administration is SCARY!

      ADDED:

      The DNC's Chinese Money Laundry--The Year of the Rat:
      How Bill Clinton Compromised American Security for Chinese Money
      http://www.iran.org/tib/krt/tas9811_Triplett

  2. knolyourself profile image61
    knolyourselfposted 8 years ago

    Thought is was a spoof article. Citizen journalism and the newspapers are all going broke.
    http://en.wikipedia.org/wiki/Liveleak

  3. profile image0
    Leta Sposted 8 years ago

    I'm not sure if it is a spoof article...  However, given the way it is written, I wouldn't trust it as a valid source.  The writing does not ring conscientious or particularly responsible at all.  Sounds a bit sensationalist.

    However, I'd need to know and research more to have a real opinion.

  4. AEvans profile image70
    AEvansposted 8 years ago

    What in the hell!!!! What is our government thinking????? First it is corruption with the housing market then of course we give the banks money and our fellow Americans continue to loose jobs, houses, cars and some of our states can't even pay unemployment or refunds on there taxes and NOW we are giving up our Country for GEORGE BUSH'S mess. Insane , simply Insane sad

    Can someone validate this information please:)

    1. profile image61
      KLEMODposted 8 years ago in reply to this

      Excuse me Darling ... AEvans ... you are quite attractive .. BUT ...the mess we are in right now in the USA is hardly George Bush's fault alone!! If you truly believe this, you are as ignorant as you are beautiful. The state of the housing market alone is mainly due to the Clinton Administrations Policies and failures. It was THEY who pushed the banks into unstable & unethical loans to "the poor" ... and to people who had no business owning a home. Yes Bush had his failures .... but you aint seen nothin yet honey.!! Look how much debt our new President has run up in just a month!!! The Messiah? .... I think not. Obama is hellbent on putting as much of the middle class on  Govenement assistance as possible. In doing this it is FAR easier down the road to push through & ENFORCE his radical Socialist & Liberal policies!! They are all crooks ... & in the end they will pay for selling us all out in the name of Communism! The big danger & flaw with Liberal thinking is that they value equality much more than they do Liberty & Freedom. Bye Bye USA!! Lock & Load!!!

      KLE/MOD

  5. knolyourself profile image61
    knolyourselfposted 8 years ago

    Actually saw a thing on the news the other day, Chinese here buying realestate. Everybody here buys Chinese products and pays the Chinese in dollars. They have zillions of dollars. They can come here and buy whatever with those dollars. If they couldn't then they been paid with phony US money.

    1. AEvans profile image70
      AEvansposted 8 years ago in reply to this

      Interesting what in the world is the Country coming to??? Maybe we should all escape to a beautiful island and have Mai Thai and Cosmopolitans , what do you think care to join me???smile

    2. profile image0
      Leta Sposted 8 years ago in reply to this

      Sure they can.  Maybe that's what this sensationalized report is really about.

      The Chinese are on their way to becoming 3 times worse than us.

  6. knolyourself profile image61
    knolyourselfposted 8 years ago

    Oh God communisim is so awful. Everyone wanted them, and celebrated them becoming capitalists. Now they are capitalist and they own our ass.

    1. profile image0
      Leta Sposted 8 years ago in reply to this

      Bonfire of the Vanities.

      (I'm being a Knol and offering a one-liner!)  smile

      1. TheMoneyGuy profile image76
        TheMoneyGuyposted 8 years ago in reply to this

        The Fed has been and always will be a private corporation and has owned all the Assets in the US since FDR was the president so no blaming Bush on this one.  It was done long before he came on the scene.

        As for this deal yes it is true, but no worries in the 80's we did the same thing with Japan to make them feel good about buying our crap paper, in the 90's we did the same thing with the Arabs, so why would the Chinese be treated any different?

        Very few people are left that were alive when any significant portion of our citizenry owned anything don't act all OMG now.  Just cause you finally opened your eyes.

        According to Benjamin Franklin, it was because "the conditions [became] so reversed that the era of prosperity ended." He said:



        "The Colonies would gladly have borne the little tax on tea and other matters had it not been the poverty caused by the bad influence of the English bankers on the Parliament, which has caused in the Colonies hatred of England and the Revolutionary War."

        Guess what the English still own a huge portion of our Banking yet nobody ever bitches about them.  In fact they own more than the Japanese, Arabs, Russians, and the Chinese. 

        Unless you’re ready to redeclare independence from foreign influence quit typing and enjoy life.

        TMG

    2. WD Curry 111 profile image60
      WD Curry 111posted 5 years ago in reply to this

      They were never Communists. They got stuck in the dictator stage of Marxism, like always. No one has ever even tried communism. People are too greedy. When the Soviet Union "collapsed", one guy got all the gold. When China goes down, it will be the same story.

      They are our worst enemy, and we should cut them off at the knees.

  7. profile image0
    Leta Sposted 8 years ago

    Are you typing at me, TMG?  LOL

    Oh, you know....it's all vanity but your work, anyway.....and enjoying life. 

    I don't feel like big 'ol discussions tonight.  But thanks for the background.  I'll put it into context with the other article, wink.  No mention of Bush, hmm, lol.

    1. TheMoneyGuy profile image76
      TheMoneyGuyposted 8 years ago in reply to this

      No I wasn't typing at you, you didn't mention Bush(Don't get me wrong he is a criminal just not this crime) smile

      We have a long history of trading land to encourage investment from whomever the flavor of the week is. 

      I always enjoy your thoughts and quick wit.

      TMG

  8. EYEAM4ANARCHY profile image92
    EYEAM4ANARCHYposted 8 years ago

    Can't say that I would put a whole lot of weight in the source of this story.

    1. TheMoneyGuy profile image76
      TheMoneyGuyposted 8 years ago in reply to this

      I wouldn't either he is a pot stirrer,  he is putting the scare spin on a common practice between Governments.

      TMG

  9. profile image0
    Leta Sposted 8 years ago

    Another extremely clever conservative has joined Hubpages!

    Welcome, I'm sure.  lol  smile

  10. SparklingJewel profile image67
    SparklingJewelposted 8 years ago

    The Chinese are buying up more government bonds, I don't understand how that all works...but.....so politicians look the other way from their human rights violations, etc. Hillary said it out loud on the news, "the US is not going to let their human rights violations get in the way of economic needs"...or something to that effect.  ...

    1. TheMoneyGuy profile image76
      TheMoneyGuyposted 8 years ago in reply to this

      You know what they say, "Cash talks, Bullshit Walks"

      TMG

      1. Mark Knowles profile image60
        Mark Knowlesposted 8 years ago in reply to this

        Cash talks and just about everything else walks smile

        I believe Ms. Clinton was in China to assure the Chinese that the dollar will not be worthless next year. big_smile

        She can apparently predict the future and knows exactly how much money is needed to "fix" the crisis. She is just not telling us. Only the Chinese.

      2. profile image0
        pgrundyposted 8 years ago in reply to this

        I don't know, I have this sinking feeling that in our lifetime we are going to see cash shut its mouth.

        Are dollars flushable? big_smile

        1. TheMoneyGuy profile image76
          TheMoneyGuyposted 8 years ago in reply to this

          I was trying to be cute, but didn't work, I personally think that dollars chaffe to much.

          Seriously, how can a people call themselves advanced that cannot come up with a better way to handle that task. 

          TMG

          1. profile image0
            pgrundyposted 8 years ago in reply to this

            LOL! Well, there's the bidet...

            I just read somewhere that there is a crusade on now against soft toilet tissue because it comes from freshly cut trees instead of recycled paper. Now we can't even wipe our own asses without it getting political! big_smile

  11. knolyourself profile image61
    knolyourselfposted 8 years ago

    "The Chinese are buying up more government bonds, I don't understand how that all works"
    Before Bush went into Iraq, there was a supposed federal surplus.The Iraq war was to be a cakewalk. So far it has cost something over a trillion dollars which does not count Afganistan and rest of the military. Where do they get the money. They borrow it (US treasuries IOUs) from the Chinese and others. If you want to sell your products in US, you will lend us the money to fight our wars.

  12. Make  Money profile image73
    Make Moneyposted 8 years ago
    1. RKHenry profile image79
      RKHenryposted 8 years ago in reply to this

      Hi  Make Money.  I am glad you found a link discrediting the rumor.  I didn't think the story was possible, but then again one can never know.  I know I'll rest better.  This is the one topic that has been puzzling.  A bunch of my friends and I had lunch today, and I brought up this topic.  Man! Talk about your "free" thinkers.  Scary.  Thanks.

  13. crashcromwell profile image80
    crashcromwellposted 8 years ago

    This is a new one on me, but it jumped right out at me, because the issue of eminent domain is a state issue. Every state has different rules regarding when and how this power is to be exercised. It would not be the federal government's position to grant this right to the Chinese.

    1. couturepopcafe profile image60
      couturepopcafeposted 5 years ago in reply to this

      Excelent observation.

    2. WD Curry 111 profile image60
      WD Curry 111posted 5 years ago in reply to this

      Bottom line, brother Crash. Federal trumps State.

  14. Make  Money profile image73
    Make Moneyposted 8 years ago

    Now lets hope Snopes.com is right in saying this is false and they are not just a shill for the money changers.  You might want to see if you can get it confirmed with your member of Congress.

    Mike

  15. VENUGOPAL SIVAGNA profile image60
    VENUGOPAL SIVAGNAposted 8 years ago

    Eminent domain is being granted to China as collateral to US debts...
    then how is it going to manage the expenses arising out of its planned Afgan-war?  Just because Pakistan wants to be taken seriously, US cannot rely on it because the people's sentiments are anti-American.
    Pakistan's economy is already in shambles and America's economy is in trouble. How will they manage their expenses on their misadventures?  Why not America postpone the plans till its economy recovers?

    1. Mark Knowles profile image60
      Mark Knowlesposted 8 years ago in reply to this

      I thought you were a student of history. Every one knows a war is good for the economy....

      1. VENUGOPAL SIVAGNA profile image60
        VENUGOPAL SIVAGNAposted 8 years ago in reply to this

        May be in Iraq or elsewhere... but Afganistan is different.. no use in going there. 
        (Ask Russia about Afganistan.)

        1. Mark Knowles profile image60
          Mark Knowlesposted 8 years ago in reply to this

          Or the British smile

          But I wasn't talking about the Afghani economy .....

  16. ArtzGirl profile image83
    ArtzGirlposted 5 years ago

    I'm very intuitive.  About 2 years prior to 9/11, I had one of the worst nightmares of my life. 

    In the dream, I was given enough information to write a 3 hour screenplay of what I was witnessing.  I had never really studied "War History", so I didn't understand a lot of what I was seeing.  I later dated a Lieutenant Commander in the Navy and shared with him what I had seen in the dream.  He said that what I shared with him seemed to be almost an exact account of what happened in the War of Nam King which happened in 1947 when China was attacked by the Japanese.

    I live in the San Diego area-- and the first indication of the dream was -- that the electrical grid was completely wiped out (I wasn't sure how this happened, but the dream was very clear-- the electricity was completely down, cars wouldn't work... so apparently an e-bomb had gone off that distorted the entire electrical grid where even cars wouldn't run). 

    I saw San Diego being invaded by Chinese and Russian troops which came up from Mexico on trains and millions of troops were landing via parachute from planes.  People in the area were not able to see this coming.  This happened in the early morning, so was a surprise attack. 

    I've never been able to view San Diego the same, since the dream.
    I moved further inland, but have recently been feeling that a move towards the midwest would be a lot more strategic.

    I saw Russia and China taking the entire West Coast.  CA, Oregon, and Washington State.  They leveled NYC and Washington DC in the dream.  They took all of the coastal property and states that line the East Coast as well.  They took Texas.

    It was a horrible dream, but I awoke with the feeling that this doesn't have to play out-- if the USA starts to build better alliances with both China and Russia.

    However, the closer that we move towards a war with Iran, Russian and China have both given us a very clear ultimatum that if the USA becomes involved in this war with Iran-- that this will be the start of WWIII.

    When I have researched Eminent Domain of the USA, it looks as if this is a story that could indeed be true.  If the USA falls short in paying the Chinese back, they would have a claim to take our land... and this will probably NOT come with a handshake and a smile.  This would be a full on war on our home turf.

    Here are a couple of articles on Eminent Domain: 

    http://www.examiner.com/republican-in-w … ecure-debt

    Here is the first article that I saw in regards to this topic:  http://www.rense.com/general85/give.htm

    Here is a link showing all of the videos with this topic:  US War with China Inevitable...  http://www.youtube.com/results?search_q … 66l2.7l9l0

    1. ArtzGirl profile image83
      ArtzGirlposted 5 years ago in reply to this

      I wish I had better news.  The dream was very specific... and futuristic.  I was envisioning myself to be about 4 years older than I am today, but with things heating up in Iran... this time table could easily move up.

  17. profile image0
    Motown2Chitownposted 5 years ago

    http://www.snopes.com/politics/business/domain.asp

    Looks like the rumor's been going around for a while.

    1. Michele Travis profile image68
      Michele Travisposted 5 years ago in reply to this

      The rumor has been going on for a long time.

    2. TMMason profile image73
      TMMasonposted 5 years ago in reply to this

      Can I ask everyone here without upsetting anyone.

      Why is everyone trusts snopes.com so much?

      It is just a faceless web site in the end.

      And we know how it works... you set up a site, or news station, and play the role for some time, and then slowly move to the Left or Right, bringing your audiance with you.

      And in the end you have been...

      "Nudged"...

      It is actually a very telling book also.

      1. Reality Bytes profile image92
        Reality Bytesposted 5 years ago in reply to this

        Because it gives a false sense of security.  Snopes says it is ok so let's move on. 

        Goebells would be proud!

        1. TMMason profile image73
          TMMasonposted 5 years ago in reply to this

          Exactly Reality.

          I knew you would understand.

          It is good to know some of my fellow countrymen have their eyes open.

        2. Evan G Rogers profile image82
          Evan G Rogersposted 5 years ago in reply to this

          Your "Goebells metaphor" would only be apt if Snopes were owned by a public institution.

          1. Reality Bytes profile image92
            Reality Bytesposted 5 years ago in reply to this

            Who owns snopes?  Could it be a member of the Council of Foreign Relations, Trilateral Commission or a Bilderberger?

      2. profile image0
        Motown2Chitownposted 5 years ago in reply to this

        I very deliberately didn't say whether I agreed or disagreed with this rumor...only posted the Snopes link to show that people have been tossing the idea around for at least the last two years.

        I trust no one involved in politics, whether public official or pundit.

        smile

        1. TMMason profile image73
          TMMasonposted 5 years ago in reply to this

          I understood that.

          But my question is as reagrds the veracity of snopes itself.

          Why does everyone trust them?

          Why do you trust them?

          They are just another site after all.

          1. profile image0
            Motown2Chitownposted 5 years ago in reply to this

            I don't trust them.
            I googled the topic and found that they had an article dating back two years.
            I posted it as an example that this particular idea is not a new one.

            smile

            1. TMMason profile image73
              TMMasonposted 5 years ago in reply to this

              Okay.

              I was just wondering cause so many people seem to trust them a lil too much.

              I do not trust any web site.

  18. Reality Bytes profile image92
    Reality Bytesposted 5 years ago

    Private property ownership has long been a myth.  Not only do Americans not own property, their government feels they actually own the population as well.

    On paper.....THEY DO!

    1. couturepopcafe profile image60
      couturepopcafeposted 5 years ago in reply to this

      Kinda glad I live in Tennessee where they still shoot revenuers.

      1. habee profile image91
        habeeposted 5 years ago in reply to this

        Same in GA! lol

        1. WD Curry 111 profile image60
          WD Curry 111posted 5 years ago in reply to this

          We don't shoot them in Florida . . . they disappear in the swamp.

  19. WD Curry 111 profile image60
    WD Curry 111posted 5 years ago

    I can't say if the report is true. I can say, we are heading in that direction. I live in Florida, where foreign interests own a lot of property, and hold sway over a lot of business (have for a long time). We don't like it. It is like the old adage of boiling a frog. If you gradually raise the heat, the frog will not jump. We are being boiled alive. We have been betrayed by our emissaries.

    Solution:

    Hey China! Welcome to capitalism. Investments are risky. You just lost yours. We don't do business with oppressive, totalitarian regimes. The loans were not properly approved and the elimination of restrictions by lawmakers were not the will of the American people. We were not properly represented. Therefore, the loans were not valid and are now null and void.

    You can come back and do business as soon as we get this mess straightened out and you learn how to treat your citizens right. If you don't agree with our notion of freedom, just keep walking.

    Are we afraid of a war over this? I'm not giving imminent domain to any foreign entity. If they start a war, it won't last long . . . all of  the Chinese made equipment will be broken beyond repair within a week.

  20. ahorseback profile image46
    ahorsebackposted 5 years ago

    Oh hell, It all sounds like a perfect excuse for a new war , what do you think US vs China Mano a mano.......nuke em!......

  21. ahorseback profile image46
    ahorsebackposted 5 years ago

    Haw Haw haw.....

  22. knolyourself profile image61
    knolyourselfposted 5 years ago

    "what do you think US vs China Mano a mano." Already ongoing by proxy.

  23. ahorseback profile image46
    ahorsebackposted 5 years ago

    America ........For sale to the highest bidder !

  24. recommend1 profile image70
    recommend1posted 5 years ago

    I don't know what the fuss is about.  If China lends the US a few trillion dollars then they need some collateral.  The dollar is screwed as the currency of international exchange and is about to sink to unimagineably low levels, most of US value is paper debts of paper debts and transient digital companies that are not worth diddly squat if the doo-doo hits the fan as it appears about to. 

    But actually of course, this is not what they have got.     what they have demanded is that when they pump enough money into a company, or thing, that it can legally belong to them if they own it. Like your banks, Insurance Companies, computer companies, mobile phone operators etc etc etc that they already own on paper but need government approval to actually take possession of it as a foreigner.  It is the same in every country and US citizens have the right to 'own' stuff in China that they put their money into.

    1. WD Curry 111 profile image60
      WD Curry 111posted 5 years ago in reply to this

      I see you are way ahead of the game and have jumped ship already. You will probably end up stranded over there when they go under.

      1. recommend1 profile image70
        recommend1posted 5 years ago in reply to this

        I see that you are still making pointless attacks rather than taking part in the debate.  I thought HP had cleared you trolls out.

 
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