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China Eminent domain in USA?
Impeachment Time: Obama Grants Eminent Domain Rights to China to Secure Debt
They own us. (Photo credit Future Atlas) UPDATED BELOW. The time for partisan bickering just ended. This is as serious as a heart attack. Obama is going to spend so much money, which he intends to get from China via the sale of government backed bonds, that the Chinese apparently don't think he'll be able to make good on them. So President Obama gave the Chinese eminent domain rights to American land and businesses as collateral - i.e. we don't pay, they now own America. From Patriot Room. Because it looks like our wonderful new administration is granting the Chinese eminent domain as collateral for US debts. Yea you read that right. That means when we can no longer pay for all this massive spending the Chinese can call in the loans and take our land.has more details. 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!This cannot stand. It is traitorous and Obama should be impeached. UPDATE (March 3, 2009): World Net Daily contacted the State Department for a comment on the story. The State Department says there is "no factual basis" to an Internet rumor that went viral over the weekend claiming Secretary of State Hillary Clinton was willing to pledge American homes to China as collateral for Beijing buying U.S. debt.So Clinton went to China to give (still unspecified) assurances that the Obama Administration's blowing of trillions of Chinese-backed tax dollars on pork wouldn't jeopardize the United States' ability to pay the debt. That must have been a pretty tough sell. So, though the State Department denies the claim of grants of eminent domain rights, Clinton reportedly did calm Chinese nerves by earnestly telling them that we would pay the bills, "Cross my heart, hope to die, stick a needle in my eye." If that is good enough for the ChiComs, it is good enough for me. http://www.examiner.com/republican-i...to-secure-debt |
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