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Feds grant Eminent Domain as collateral to China
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To
27/02/2009 10:07:05
General information
Forum:
Finances
Category:
Investment
Miscellaneous
Thread ID:
01384506
Message ID:
01384554
Views:
45
>>>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.
>>
>>This is all over the web but not on the news *yet* so I'm not sure if it is factual or not...
>
>Perhaps rumour is comming from here;
>http://www.bloomberg.com/apps/news?pid=20601009&sid=a_dsDz145J_A

China can ask for whatever assurances they like. ("Former advisers" are in an especially good position to make meaningless requests <g>). That doesn't mean we have to give it to them. Maybe they should have considered risk when they invested so heavily in the U.S. Is there some Far East concept of guaranteed returns? We sure don't have that concept here.
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