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mgburg · #1 03-01-2009, 12:36 AM

Posted by HalTurnerShow. com at 2/26/2009 12:54:00 PM

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.

-------------- 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.

------------ - SECOND UPDATE 3:48 PM

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) try 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.

10fords · #2 03-01-2009, 02:22 AM

If this is true it scares the crap out of me because I don't think its a matter of "if" we default but "when" we default. I'm gonna have to look into this-Scott

jplinville · #3 03-01-2009, 08:55 AM

Rosetta Stone has a Mandarin language course that's supposed to be pretty good.

Carleton Hughes · #4 03-01-2009, 09:08 AM

Not to rain on your parade,but April 1st is a month away yet.

tankdriver · #5 03-01-2009, 09:35 AM

I just googled this because I hadn't heard it. 5 pages of links in, so far it's all right wing blogs. Not a single news source. I'll keep looking.

catmandoo62 · #6 03-01-2009, 10:19 AM

so this is why obama wants to tighten the guns laws and know just how and where i store my guns!!

LUVMBDiesels · #7 03-01-2009, 10:28 AM

Quote:

Originally Posted by tankdriver

I just googled this because I hadn't heard it. 5 pages of links in, so far it's all right wing blogs. Not a single news source. I'll keep looking.

Most of the right wing blogs do not take this as the truth, in fact they have taken this guy, Hal Turner to task.

This is from Bloomberg. It does not mention granting eminent domain to China, but mentions "assurances" that they decline to elaborate on. This article also predates Hillary's trip out there

While I would not be surprised if this was true, I would be disappointed, however, why would China take on another 20 Trillion in our debt without collateral. The USA is as bad as those people who bought a $650,000 house on $900 a week by lying on their sub-prime load applicationn. If I was the government of China I would demand collateral, either land or gold.

RichC · #8 03-01-2009, 11:04 AM

And everybody is ignorant of the fact that the Fed or the Federal Reserve is not part of our government, but a for profit company.

Whats the joke ? The Fed is about as Federal as FedEx.

mgburg · #9 03-01-2009, 11:46 AM

Quote:

Originally Posted by LUVMBDiesels

... It does not mention granting eminent domain to China, but mentions "assurances" that they decline to elaborate on. This article also predates Hillary's trip out there ... If I was the government of China I would demand collateral, either land or gold.

It doesn't mention "eminent domain" because THOSE TWO WORDS would have raised (pardon the pun) red flags IMMEDIATELY...that's the benefit of having lawyers write up treaties and such...they bury you in BS and then you get whacked in the head with the shovel.

As for Hillary's trip out there...this is dated on Friday...as in two days ago...what date are you reading?

As for what China would demand, read the article again...it says exactly what it would demand, and get. YOU move out, they bring in their citizens and such...migration to this country, from China, would make Mexicans coming across the border look like a kid's game...

jplinville has it right...Rosetta Stone might be the place to put what's left of your 401(k) right now...

t walgamuth · #10 03-01-2009, 12:13 PM

I would be interested to see what our Lawyer members have to say about this...JD?

Kuan · #11 03-01-2009, 12:20 PM

Quote:

Originally Posted by mgburg

migration to this country, from China, would make Mexicans coming across the border look like a kid's game...

Least they'll be good at math.

mgburg · #12 03-01-2009, 12:33 PM

Quote:

Originally Posted by t walgamuth

I would be interested to see what our Lawyer members have to say about this...JD?

Did you happen to forget? Hillary was/is a lawyer.

t walgamuth · #13 03-01-2009, 12:58 PM

Quote:

Originally Posted by mgburg

Did you happen to forget? Hillary was/is a lawyer.

I did not forget.

So what?

If this thread is BS, which I think it probably is, her being a lawyer would really not mean much, would it?

LUVMBDiesels · #14 03-01-2009, 01:00 PM

Quote:

Originally Posted by mgburg

It doesn't mention "eminent domain" because THOSE TWO WORDS would have raised (pardon the pun) red flags IMMEDIATELY...that's the benefit of having lawyers write up treaties and such...they bury you in BS and then you get whacked in the head with the shovel.

As for Hillary's trip out there...this is dated on Friday...as in two days ago...what date are you reading?

As for what China would demand, read the article again...it says exactly what it would demand, and get. YOU move out, they bring in their citizens and such...migration to this country, from China, would make Mexicans coming across the border look like a kid's game...

jplinville has it right...Rosetta Stone might be the place to put what's left of your 401(k) right now...

OOPS!!! I never posted the link to the bloomberg article. It is dated 2/11 -- before Hill's trip

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aG_eSDsmh7rw

mgburg · #15 03-01-2009, 01:09 PM

Quote:

Originally Posted by t walgamuth

I did not forget. ... So what? ... If this thread is BS, which I think it probably is, her being a lawyer would really not mean much, would it?

You don't get it? It's the idea that she's suppose to be representing the interests of the United States...this crap doesn't sound like it's in our (UNITED STATES) best interest...it feels like she's "closing the deal" on her husband's administration and giving the Chinese the keys to California and the West Coast...all under the guise of being the Secretary of State.

And from a Leftists' position, I'd expect that type of response...feel free to check it out...if I find more on it...I'll put up with the derision and expect no apology from anyone...mainly because I'd expect sure shock that anything this blatant could possibly happen...but hey, we all know that the "one-world govenment" is coming so what better way for it to happen than start ignoring borders and the like...

Let's tear the US down to Mexico's level, arm ourselves as bravely as the French and manage our money as well as some bum under an overpass...

And...if we hear and see something that's amiss..."It's not my yob" to worry about it...let someone else fix it...that's why they're in charge of the hen-house.