Sunday, March 22, 2009

THIS is enough to pi$$ off the Pope!!



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 oligations of the US

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.

-------------- UPDATE 1:40 pm EST

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!

Homeowners who felt the government was not paying them enough for property
in past "takings" 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 $2
Trillion 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?

For your $200,000 house, 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 their own property, as long as the
property owner continued to pay all his taxes; 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.

Link here

UPDATE: Did some follow-up - per Snopes and WorldNetDaily, the story is false - my apologies to Crusader Rabbit - however, as I noted at Crusader Rabbit, "if you read the WND story in full, with all the U.S. Treasury-backed financial instruments China owns, WHAT is to prevent their exercising, if not eminent domain, undue influence? Does anyone REALLY believe that, were China to make demands, the U.S. wouldn't be over the proverbial barrel? Only, they probably won't be too egregious demands at first - "we'll" be subjected to creeping incrementalism"


1 comment:

KG said...

Unbelievable! What price national sovereignty, eh?
I've put up an excerpt and a link back to here over at CR.