SNOPES - China Eminent Domain Collateral False
http://www.snopes.com/politics/business/domain.asp
A REBUTTAL TO DAVID AND BARBARA MIKKELSON (Snopes.com) BASED
ON TRUTH AND LOGIC
The website Snopes.com is run by David and Barbara Mikkelson,
a couple with a gift for debunking false stories and dis-information circulating
around cyber-space. For the most part, they perform a valuable service
and have earned a reputation as being an authoritive and conclusive final
verdict on controversial subjects. Like all writers, however, they are
only human. They can, and do, make mistakes.
With all due respect, David and Barbara, you have missed
wide left of the target on this particular subject.
I do not know or listen to Mr. Hal Turner. It may
well be that he has taken liberties and stretched otherwise true stories
to their breaking points in the past. For your information, however, in
this particular instance, Turner's recent story corroborates my
own sources. While the specific term "eminent domain" may
be perhaps a bit of a stretch -- the basic story-line is absolutely
true.
In your research as posted in the link above, you obviously
came across the Bloomberg article that stated "Chinese officials
have expressed concern" that China's massive investments in America
are "safe, as a pre-requisite for additional purchases of U.S.
Securities." Clearly, you believe the Bloomberg story to be accurate,
but then skewer Mr. Turner for basically saying the same thing. I submit
this is not logical and smacks more of a witch hunt than ethical
hoax-busting and truth searching.
According to authors Bill Geitz (The China Threat) and
Peter Navarro (The Coming China Wars), the Chinese PLA have been investing
large sums of money into America in the form of political donations
(the Clintons received millions), private and public mortgage companies,
and U.S. Government debentures for decades. The floodgate of Chinese
profits from goods produced largely by their massive prison-labor
work-force have been strategically re-invested into the debt-based
economy of America. Now, according to Navarro, et.al. the entire U.S.
Economy hinges on the whims and will of the Chinese military leadership.
China has basically bought America with cheap
trinkets, just as the British purchased Manhattan from the local Indians
centuries ago with baubles, bangles and beads.
The cruel, hard facts are that following the conclusion of
the Beijing Olympics, China stopped purchasing U.S.-dollar based securities.
They quit buying oil and gas futures, causing the price of gasoline to
tumble. They quit purchasing Treasury Bills and Bonds --
and quit funding Fannie and Freddie mortgages. This sudden constriction
of liquidity was the prime factor behind the market panic last
fall, and resulted in Bush's "emergency stimulus" package then,
and President Obama's "stimulus" package now.
The cruel, hard fact is that the only way that the
Obama administration can stop the current economic bloodbath is to
coax China into again investing their Home Depot and Walmart profits back
into America's debt machine, (which are then leveraged at 10 times their
face value in "The Feds" fractional reserve, debt-driven system).
Just as the Bloomberg article correctly exposes, China is not willing
to do this, unless and until WRITTEN GUARANTEES THAT THEIR INVESTMENTS
ARE SECURE ARE SIGNED AND DULY EXECUTED.
David and Barbara, please tell us: What do you think these
"guarantees" involve, and what makes you so blindly confident that
Hillary did not grant them??
What the Bloomberg article fails to mention is that the
Chinese PLA military leaders filed a lawsuit in the World Court
at the Hague, Netherlands last summer. The suit petitioned the World Court
to grant the PLA the right to USE CHINESE MILITARY POLICE (i.e. Chinese
troops) ON U.S. SOIL in order to "repossess real
estate assets secured by PLA's mortgage funding" in the
United States upon default of the contracts. The Chinese leadership
did not, and do not, trust local sheriff departments to perform the
task and preserve their trillions of invested dollars/yen. The World
Court opined that only the U.S. government could legally grant such a request.
Given her past acceptances of PLA influence peddling,
there is no doubt whatsoever in my mind, that Hillary Clinton not only gave
the PLA military leaders just such a signed document, but sealed it
with a kiss as well.
Whether it is called "eminent domain" or "mortgage
repo authorization" -- the desired effect is the same. Foreign, COMMUNIST
troops have now been given the legal authority to operate as constables
on American soil. Treason by any other name, is still an odorous offense.
David and Barbara, aka SNOPES --- just because CNN
or Reuters doesn't report the story, it doesn't mean it isn't vitally important
information for all Americans to understand and act upon.
Respectfully,
A. True Ott, PhD, ND |
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