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Obama Grants Eminent Domain Rights To China
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., if we don't pay them their trillions, they now own American properties.

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, Obama has now actually mortgaged the physical land and property of all citizens and businesses in the United States.  He has 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.

Here is one of the bond agreements!  Google any town or city/county with Cede & Co.!  It is the basic agreement they all use. 

George Soros and Quantum Partners. Cede & Co. is under:

  Quantum Industrial Partners LDC in Cayman Islands
  QIH Management Investor, L.P. in Delaware
  QIH Management, Inc. in Delaware
  Stanley F. Druckenmiller
  Duquesne Capital Management, L.L.C. in Pennsylvania

Update:  I'm getting a lot of questions about this story.  So what's available is this report and this report -- they're usually pretty reliable -- in the meantime, no major outlet has yet released or referenced this report.

I don't know if I'd take this to the bank just yet. There's 194 references to "Obama Grants Eminent Domain Rights to China" on the Internet at 1800 Eastern.

Commie Obama Tee Shirts Banned In Beijing

With Obama's scheduled to visit Beijing on Monday, city authorities have banned souvenir vendors from selling a popular t-shirt depicting Obama as a Mao-era red guard, reports Foreign Policy.

Since he was elected last year, the T-shirt has had a ready market.  According to some business owners, they got calls last week from Beijing Municipal Government demanding them to stop the sale of this kind of T-shirt immediately.  And inspection officers even came to stores to make sure the T-shirts are off the shelf.

Business owners have been notified that after Obama ends his visit to China, they can resume the sale.

Posters and shirts depicting Obama as a communist aren't uncommon at anti-Obama rallies in the U.S., but there's confusion about what exactly this shirt means when a Chinese person wears it.  Are they pro-Obama, anti-Obama, or just all about the LOLs?

While the authorities are anxious not to offend Obama on his high-profile visit,  there's a feeling that Obama's seen way more ridiculous images of himself if he's ever looked out the window of his limo on Pennsylvania Avenue.

Mustn't embarrass Obama -- you know the rules.

Obama To Sell Share Of General Motors To China
Yahoo News is reporting that investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North America, according to a U.S. Treasury Department statement.

GM and the Treasury Department would not comment Sunday on reports that the automaker is in talks with its current partner in China, SAIC, about buying a stake in the Detroit company.  SAIC is owned by the Chinese government.

The Treasury Department, in a statement issued late Friday, said investors in GM would be sought across "multiple geographies," with a focus on North America.

The U.S. Treasury loaned GM about $50 billion to help it through bankruptcy protection last year.  GM has repaid $6.7 billion.  The rest of the bailout money was converted to a 61 percent government stake in the company.

The government hopes to get the remaining $43 billion back with stock sales that could start in mid-November.

The Treasury statement also said banks underwriting the GM stock sale will be expected to balance getting the maximum price per share, and return for taxpayers with having a stable base of shareholders and keeping up interest in several sales that will occur after the initial public offering.

It's bad enough that China holds almost a trillion dollars of treasuries.  Now the Obama administration is selling off America's once mighty companies.
Obama Tested On US-China Ties With Currency Report
Foster Klug says Barack Obama faces a deadline Friday that could test already fragile U.S.-China relations.  He must decide whether to accuse Beijing formally of using its currency to gain unfair trade advantages against the United States.

Labeling China a currency manipulator would enrage the Chinese just as the Obama administration looks for the Beijing government’s help on major global initiatives.  Failing to do so, or postponing a decision, also could damage Obama’s struggling Democratic Party ahead of crucial congressional elections on Nov. 2.

Obama is under pressure to punish China for trade policies that U.S. lawmakers say cost millions of U.S. manufacturing jobs.  Many are angry over a politically sensitive U.S. trade deficit with China that has climbed to an all-time monthly high.

Friday’s deadline is part of a congressional requirement for the Treasury Department to prepare a twice-a-year report whether any countries are manipulating their currencies.

The U.S. trade deficit with China rose 8.2 percent in August to an all-time high of $28 billion, surpassing the record $27.9 billion set in October 2008.  So far this year, the U.S. deficit with China, the largest imbalance with any country, is running 20.6 percent above the 2009 pace.

American manufacturers contend that an undervalued currency gives China a trade boost by making Chinese goods cheaper in the United States and U.S. products more expensive in China.

The administration, worried about high unemployment and losing ground to opposition Republicans in the elections, wants to look tough on China.  That is especially true after ministers from around the world left last week’s global finance meetings in Washington without resolving how to deal with differences over currency.

At the same time, U.S. officials see Chinese cooperation as essential to American efforts to deal with the Iranian and North Korean nuclear standoffs, climate change and other difficult issues.

U.S. lawmakers, soon to face frustrated and anxious voters, appear to have tired of White House attempts to strike a delicate balance with China.  The House sent the administration and China a strong message last month by passing legislation that would impose economic sanctions on countries found to be manipulating their currencies.

If the United States should designate China as a currency manipulator, it would trigger negotiations between the two countries and could result in U.S. economic sanctions against Beijing.

Update:  Team Obama punts on China currency until mid-November

Klug doesn't address the trillion dollars in treasuries held by the Chinese.
Mystery Contrail Was From Chinese Missile
Joseph Harrah contends the muted response was a decision made by Obama himself.

Although the U.S. Defense Department and North American Aerospace Defense Command have speculated publicly that the unidentified contrail of a projectile soaring into the skies off the California coast -- and recorded by a KCBS television crew -- came from a jet and posed no security threat to the U.S., several experts are raising provocative and disturbing questions about the government's official response.  (video)

Two governmental military experts with extensive experience working with missiles and computer security systems have examined the television video and conclude the mysterious contrail originating some 30 miles off the coast near Los Angeles did not come from a jet -- but rather, they say the exhaust and the billowing plume emanated from a single source nozzle of a missile, probably made in China.

They further suggest the missile was fired from a submerged Chinese nuclear submarine off America's coast, and point out that the timing of the alleged Chinese missile shot coincided with an increasing confrontation between the U.S. and China, and was likely meant to send a message to Washington.

Indeed, the Federal Aviation Administration documents that there were no aircraft flying in the area at that time, the night of Nov. 8.  FAA Spokesman Ian Gregor released this statement:

"...The radar replayed did not reveal any fast moving unidentified targets in that area."

So, according to the FAA, this, whatever it was, wasn't even there!

"The question that still must be answered is why NORAD's muted response was simply that North America was not threatened, and later our government approved the lame excuse that the picture recorded was simply an aircraft leaving a contrail," said retired U.S. Air Force Brig. Gen. Jim Cash.

A former U.S. Air Force fighter pilot and commander of an F-15 squadron and an F-16 wing, Cash was assigned to NORAD as an assistant director of operations at the Cheyenne Mountain complex near Colorado Springs, Colo., and is fully knowledgeable of NORAD procedures.

"There is absolutely no doubt that what was captured on video off the coast of California was a missile launch, was clearly observed by NORAD, assessed by a four-star general in minutes, and passed to the president immediately," he said.

Even more ominously, cautioned Cash: "We must question the timing of this shot across our bow.  The president was abroad being diplomatic, which means trying to placate China which is becoming overly concerned with our handling a totally out-of-control deficit in spending."

Note:  There are comments in this report from Wayne Madsen.  It is my personal opinion that this guy is not a reliable source, but that would not exclude the other experts' comments.

Note: The government's late response is the contrail was caused by an airplane, but the FAA's initial reports said there were no aircraft in the area, 35 miles off the California coast, at the time. 

One question -- does "this fireball" look like an airplane to you? -- file under, "Who you gonna believe?  The Obama administration or your lying eyes."
US Humiliated
Scott Baker says Chinese Pianist Lang Lang played an anti-American composition at White House (video).

Lang Lang the pianist says he chose it.  Chairman Hu Jintao recognized it as soon as he heard it.  Patriotic Chinese Internet users were delighted as soon as they saw the videos online.  Early morning TV viewers in China knew it would be played an hour or two beforehand.  At the White House State dinner on Jan. 19, about six minutes into his set, Lang Lang began tapping out a famous anti-American propaganda melody from the Korean War: the theme song to the movie "Battle on Shangganling Mountain."

The film depicts a group of "People’s Volunteer Army" soldiers who are first hemmed in at Shanganling (or Triangle Hill) and then, when reinforcements arrive, take up their rifles and counterattack the U.S. military "jackals."

The movie and the tune are widely known among Chinese, and the song has been a leading piece of anti-American propaganda by the Chinese Communist Party (CCP) for decades.  CCP propaganda has always referred to the Korean War as the "movement to resist America and help [North] Korea."  The message of the propaganda is that the United States is an enemy -- in fighting in the Korean War the United States’ real goal was said to be to invade and conquer China.  The victory at Triangle Hill was promoted as a victory over imperialists.

The song Lang Lang played describes how beautiful China is and then near the end has this verse, "When friends are here, there is fine wine /But if the jackal comes /What greets it is the hunting rifle."  The "jackal" in the song is the United States.

He then said, "I thought to play 'My Motherland' because I think playing the tune at the White House banquet can help us, as Chinese people, feel extremely proud of ourselves and express our feelings through the song.  I think it’s especially good.  Also, I like the tune in and of itself, every time I hear it I feel extremely moved."

He expressed this idea more frankly in a later blog post, writing: "Playing this song praising China to heads of state from around the world seems to tell them that our China is formidable, that our Chinese people are united; I feel deeply honored and proud."

At the end of the attached video, you can see Obama (front row left, aisle seat) applauding the Chinese insult.

Obama's supports an Islamic Victory Mosque at Ground Zero, and applauds a Red Army victory march in the White House.

Obama is just being Obama, and he wasn't humiliated, at all.
Made In China
Yup!  This is how the Chinese see the United States under Obama.
Obama's Disarmament Is The Key To China's Dominance
Ben Johnson says if Americans were to judge Barack Obama based on how he protects our country's interests and keeps our nation safe, they would have to conclude either that he is blinded by his ideology or that he favors our enemies.  His insistence that the jihadist Muslim Brotherhood have a seat at the table in the post-Mubarak Egyptian government is the most recent, high-level reminder of how this man hurts our allies and rewards our enemies.  The question Americans should parse is not whether Obama is motivated by idealism or antagonism -- the results are essentially the same.  Instead, they must ask how they can stop his encroachments on their liberties, their wealth, and their security before disaster strikes.  Radio talk show host Tammy Bruce has asked if Obama's foreign policy of empowering Islamic fundamentalists is impeachable.

However, not all of Obama's policies consist in helping our enemies.  Many of his policies undermine our security and leave Americans weaker.

Perhaps the most unexplored of these is Obama's obsession with nuclear disarmament.  Obama told the United Nations in the fall of 2009, "we must stop the spread of nuclear weapons, and seek the goal of a world without them."  The previous April, Obama told an audience in Prague, "the United States will take concrete steps towards a world without nuclear weapons."  He appointed Ellen Tauscher, a congresswoman dedicated to unilateral disarmament, as his Undersecretary of State for Arms Control and International Security.  In February 2009, Tauscher told the Munich Security Conference:

The U.S. would, without question, be more secure in a world free of nuclear weapons.  The real question is whether pursuit of such a goal is in our security interests.  I believe it is.

To further this agenda, Obama abandoned our nation's promise to provide Poland and the Czech Republic with the missile defense system we had pledged to them -- in order to cut our nuclear arsenal with the New START Treaty.  Although he tried to push it through the lame duck session of Congress, Republicans pushed it into the new year.  (Sen. Richard Lugar, R-IN, this weekend told the Tea Party to drop dead; he was voting for it.  No wonder MSNBC once referred to Lugar as "Barack Obama's Favorite Republican.")

Such Pollyanna notions as complete, unilateral nuclear disarmament (and its domestic counterpart, gun control) would be misguided under any realistic circumstances.  In a dangerous world, where a debt-riddled American decline threatens to permanently yield to rising Chinese power, it is perilous.

Continue reading here . . .
China's Holdings Of US Debt Larger Than Reported
AFP is reporting that China's holdings of US bonds reached $1.16 trillion at the end of December, almost $270 billion more than previously estimated, new data showed Monday.

Beijing, which has converted much of a huge trade surplus with the United States over the past two decades into buying up US treasuries and other securities, held 26.1 percent of the total of $4.44 trillion held by foreigners, the Treasury said.

The figures came as the US government recalculated its data on foreign holdings of US securities from June 2010.

Chinese-held Treasuries have fallen since hitting a high of $1.18 trillion in October, under the revised figures. Japan remained by far the second largest holder of US government debt, with $882 billion in December, around $1.3 billion less than original estimates.

Britain was third at $272.1 billion.

Remember those reports that the Feds granted eminent domain as collateral to China for US debts?
President Of China?
William Kristol says that according to The New York Times, March 11, 2011:

"Mr. Obama has told people that it would be so much easier to be the president of China.  As one official put it, 'No one is scrutinizing Hu Jintao's words in Tahrir Square.'"

Mr. Obama is right.

If you're president of China, people around the world who are fighting for freedom don't really expect you to help.  If you're president of China, you don't have to put up with annoying off-year congressional elections, and then negotiate your budget with a bunch of gun-and-religion-clinging congressmen and senators.  If you're president of China, you can fund your national public radio to your heart's content.  And if you're president of China, when you host a conference on bullying in schools, people take you seriously.

Unfortunately for him and us, Barack Obama is president of the United States.  That job brings with it certain special responsibilities.  It's a tough job -- maybe tougher than being president of China.  But Barack Obama ran for president of the United States.  Maybe he should start behaving as one.
Not a chance!
Another Obama "Success" Story
The Statesman is reporting that in the wake of the US raid in Abbottabad that killed Osama bin Laden, China has "warned in unequivocal terms that any attack on Pakistan would be construed as an attack on China," a media report claimed today.

The warning was formally conveyed by the Chinese foreign minister at last week's China-US strategic dialogue and economic talks in Washington, The News daily quoted diplomatic sources as saying.  China also advised the USA to "respect Pakistan's sovereignty and solidarity," the report said.

Chinese Premier Wen Jiabao informed his Pakistani counterpart Yousuf Raza Gilani about the matters taken up with the US during their formal talks at the Great Hall of the People yesterday.  The report said China "warned in unequivocal terms that any attack on Pakistan would be construed as an attack on China."  The two premiers held a 45-minute one-on-one meeting before beginning talks with their delegations.

The Chinese leadership was "extremely forthcoming in assuring its unprecedented support to Pakistan for its national cause and security" and discussed all subjects of mutual interest with Gilani, the report said.  Gilani described Pakistan-China relations and friendship as "unique."  Talking to Pakistani journalists accompanying him, he said that China had acknowledged his country's contribution and sacrifices in the war against terrorism and supported its cause at the international level.  "China supported Pakistan's cause on its own accord," Gilani said with reference to the Sino-US strategic dialogue where the Chinese told the US that Pakistan should be helped and its national honor respected.  Gilani said China had asked the US to improve its relations with Pakistan, keeping in view the present scenario.

Pakistan reiterated its position on the one-China policy and said it fully supported China on the issues of Taiwan and Tibet, he said.  He said both sides will continue their consultations on UN reforms.  It was also agreed that both countries will formulate a long-term joint energy mechanism for electricity generation in Pakistan through various means, including nuclear energy.

Wen announced that the Chinese leadership will send a special envoy to Islamabad to express solidarity with Pakistan at this "crucial period in its history."  The envoy, a senior minister, will take part in celebrations marking the 60th anniversary of diplomatic ties between the two countries.

Continue reading here . . .

Related:  Pakistan gets 50 fighter jets from China

If Obama doesn't behave, the Chinese will call in their $1 trillion in treasuries.
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