//I guess it has something to do with Premier Wen said something about China worries about
its investment in the US treasury bills



February 26, 2009
FEDS GRANT EMINENT DOMAIN AS COLLATERAL TO CHINA FOR U.S. DEBTS!

Beijing, China -- 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!

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.

This is an unimaginable betrayal of every man, woman and child in the USA. An outrage worthy of violent overthrow.

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!

in past "takings" homeowners who felt the government was not paying them enough for property 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 $700 Billion 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?

If you own a $200,000 house in either state, 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 what used to be their own property, as long as they continue to pay all their taxes (to China) ; 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.

State Governments Knew This Was Coming

In early February nine U.S. States began the process of re-asserting their Sovereignty pursuant to the Ninth and Tenth Amendments to the US Constitution; declaring null and void any actions by Congress that violated the Constitution.

At the time, I wrote about those state efforts (Here) and wondered why so many states were taking-up such an arcane issue in such a seemingly urgent fashion. I guess now, we know why.

The states were obviously privy to what the feds were planning to do with granting Eminent Domain to China. The states took action to make certain the feds couldn't give away cities or the states themselves!

This situation is going to get VERY ugly, VERY fast as one sovereign power (the feds) tries to literally give away the land of other sovereign powers, (the states). This is the type of thing that starts Civil War.

Our present federal government makes the treachery and betrayal of Benedict Arnold look like child's play.

www.halturnershow.blogspot.com/2009/02/feds-grant-eminent-domain-as-collateral.html

This is internet BS, not true.


Whoever said winning isn't everything must be a loser...

Um yeah, even if it were true, US congress would not let chinese claim any land for debt. Typical fear mongering.


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#1 way to ascertain that you've lost an argument: Resorting to personal attacks.

Not gonna happen... the FED can't promise to give away things they dont own... the FED do not own american soil! Is like I go to a bank and take your house as collateral for my loans... doesnt make any sense...


the person (hal turner) who wrote this is just a racist youtubing attention wh*re... with very basic understanding of which side the world spins towards...


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No Matter Who Wins, our troops are always in Good Hands!

"the FED can't promise to give away things they dont own... the FED do not own american soil!"

How naive you are. In 1932 the Fed had Congress pass a law that OUTLAWED personal ownership of Gold Bullion and coins. All Americans were required under penalty of a prison sentence to turn in their Gold Coinage in return for Federal Reserve Notes dollar bills.

The Fed immediately started inflating the Dollar and sold the Gold shortly thereafter for a MASSIVE profit.

If Americans knew how many times they've been SCREWED by the Federal Reserve Bank (a private bank by the way, not a government institution) they'd be damn angry.

Incidentally, many believe that when inflation really kicks in with all the deficit spending the US Congress is doing right now the Federal Reserve Central Bank is going to raid the gold bullion respository at Fort Knox-confiscate the Gold-and sell it on auction. Alarmist??? Hardly, this is exactly what they did in 1932. The precedent has already been set.

The Fed is privately owned and has been trading their continually-depreciating-in-value currency notes for HARD ASSETS ever since they were created in 1913. It's a great scam if you can get one-sell other banks your promisary notes, invest the money you get in hard assets and watch the promissary note depreciate in value. What a scam!!!