>>>http://patriotsforamerica.ning.com/profiles/blogs/feds-grant-eminent-domain-as
>>>
>>>I Haven't seen this in the main stream press, but definately scary stuff, If us defaults, China can take our stuff.
>>
>>Clearly bogus.
>
>I agree. However, many successful Chinese 'individuals' (huge difference) are taking advantage of the housing market in Southern California:
>
>http://www.nbclosangeles.com/around_town/real_estate/Chinese_Scoop_Up_SoCal_Foreclosures_Los_Angeles.html

No doubt. I don't question that the Chinese hold a lot of U.S. financial assets. Even in a global company it's more than I am comfortable with. Still, not the same as turning the country over to them. That's the same kind of hysteria we had with Japan in the early 1980s.