Does the bailout bill give CHINA the right to take over???

[weatherbill]

This articel says it does! I don't know, just throwing it out there



September 29, 2008

US Homeowners Soon To Be Evicted By Chinese Police Under New Law

By: Sorcha Faal, and as reported to her Western Subscribers


Russian economists are expressing shock today over a new United States
law that will allow for the first time in that nation's history the
police forces of a foreign Nation to have law enforcement powers over
their citizens.

These powers are specifically being granted to China's State Security
Police who operate under the Ministry of State Security for the Peoples
Republic of China by the United States as a precondition for the Chinese
Governments continued purchasing of US debt as the Americans continue
their desperate actions to avert their total economic collapse.

China had previously ordered its banks to halt all lending to the United
States, an action that would totally cripple the American banking
system, and as we can read as reported by the Reuters News Service:

"Chinese regulators have told domestic banks to stop interbank lending
to U.S. financial institutions to prevent possible losses during the
financial crisis, the South China Morning Post reported on Thursday.

The Hong Kong newspaper cited unidentified industry sources as saying
the instruction from the China Banking Regulatory Commission (CBRC)
applied to interbank lending of all currencies to U.S. banks but not to
banks from other countries.

"The decree appears to be Beijing's first attempt to erect defences
against the deepening U.S. financial meltdown after the mainland's major
lenders reported billions of U.S. dollars in exposure to the credit
crisis," the SCMP said."

Not being understood by the American people is that China is the holder
of over $1.4 Trillion of US debt backed by the mortgages on the homes
and property of tens of millions these people which, in essence, makes
the Chinese one of the largest holders of land in the United States, and
which the Chinese government has stated they will protect 'at all
costs'.

In rapid response to China's demands that they be granted immediate
access to their American properties to protect their 'investments', the
United States is enacting a new law titled the Emergency Economic
Stabilization Act of 2008, and which in Section 101, Paragraph 7:3
chillingly states:

"Designating financial institutions as financial agents of the Federal
Government, and such institutions shall perform all such reasonable
duties related to this Act as financial agents of the Federal Government
as may be required."

The United States Federal Reserve has further notified the China
Development Bank, the second largest bank in Asia and the main holder of
US mortgage debt instruments, that they will be designated by the US
Secretary of the Treasury as one of the financial institutions protected
by this extraordinary new law, and which, according to these reports,
will empower Chinese policing authorities the right to act as law
enforcement officers in the United States including granting them the
right to evict American citizens from homes whose mortgage debt is held
by China.

Unfortunately for these American people, their own public officials have
totally abandoned them as the American Center for Responsive Politics
has reported that the staggering amount of $2 Billion has been paid by
the perpetrators of this Global financial crisis to US Lawmakers, of
both political parties, to sell out their fellow countrymen as virtual
economic slaves to the all powerful International corporate cartels who
now rule over them.

Even worse for these people is that the plan instituted and carried out
over these past 40 years to erase their true history leaves virtually
none of them today with the full, and monstrous, century old plan to
destroy their Nation, and which began with almost the exact same
economic crisis they are experiencing today, and was called the Panic of
1907, and of which we can read:

"The Panic of 1907, also known as the 1907 Bankers' Panic, was a
financial crisis which occurred in the United States when the stock
market fell close to 50% from its peak in the previous year. At the time
the economy was in recession and there were numerous runs on banks and
trust companies. The panic's primary cause was a retraction of loans by
a number of banks in New York City, and the sentiment quickly spread
across the nation leading to the closures of both state and local banks
and businesses."

So shocked were the American people by the Panic of 1907 that they
allowed for the first time since their Nations founding, their lawmakers
to begin the process of establishing a Central Banking System, and of
which one of their founding fathers, and writer of the Declaration of
Independence, Thomas Jefferson, warned all future generations of
Americans:

"The central bank is an institution of the most deadly hostility
existing against the Principles and form of our Constitution. I am an
Enemy to all banks discounting bills or notes for anything but Coin. If
the American People allow private banks to control the issuance of their
currency, first by inflation and then by deflation, the banks and
corporations that will grow up around them will deprive the People of
all their Property until their Children will wake up homeless on the
continent their Fathers conquered."

Today, and sadly, the World is now witnessing these prophetic words of
Thomas Jefferson coming true.

Even worse, these American people, whose ancestors laid the foundation
for what was once the greatest and freest Nation on Earth, have now been
reduced to what is now commonly referred to as "sheeple", "a term of
disparagement, a portmanteau created by combining the words "sheep" and
"people." It is often used to denote persons who acquiesce to authority,
and thus undermine their own human individuality. The implication of
sheeple is that as a collective, people believe whatever they are told,
especially if told so by authority figures, without processing it to be
sure that it is an accurate representation of the real world around
them."

It goes without saying, of course, that these Americans do not see
themselves in this most truest of lights as they continue living their
lives in near total ignorance of the greater catastrophes soon to befall
them, all of which they have been, and are continued to be, warned
about. But, they continue to laugh off, and spurn, these warnings as
they continue to believe the lies being fed them by their propaganda
media organs they never seem to realize are nothing but the mouthpieces
for the fascist corporate forces delivering them to the slaughterhouses
they will come to know all too soon.

© September 29, 2008 EU and US all rights reserved.
http://www.whatdoesitmean.com/index1147.htm
--

[Dr.3D]

There goes the constitution. As it was predicted it would happen if a central bank was ever allowed such powers.

[weatherbill]

it seems far fetched to think that china has some kind of authority over our troubled properties, but the fac tis, that we are in debt to them....they do have 1.4 trillino of our dollars......hmmmm, does make me wonder a bit

[Dr.3D]

Originally Posted by weatherbill

it seems far fetched to think that china has some kind of authority over our troubled properties, but the fac tis, that we are in debt to them....they do have 1.4 trillino of our dollars......hmmmm, does make me wonder a bit

Proverbs 22:7