IS OBAMA SELLING OUT TO CHINA?
Bruce W. Cain
I will have to develop this story later but wanted to get this out as soon as possible. In the meantime I encourage my readers to go through the "NAC Homepage Archive" in order to better understand the multiple betrayals that appear to be in store for the American people.
The greatest robbery in US history began on October 3rd, 2008 when Obama and a majority of the House and Senate signed the 700 Billion Dollar Bank Bailout that also goes by the name TARP. There has never so much secrecy surrounding a bill. An unprecedented secret session of Congress was called, before the signing, warning of of complete economic collapse, should the bill not get passed. And while no one knows where the money went there is plenty of speculation that over 50% of the money went to foreign banks owned by countries such as China and Saudi Arabia. In any case our own government has censored any release of where this money has actually gone. One thing we know for sure is that it did not go where it was supposed to go: to help American homeowners.
In the first 6 weeks of the Obama administration trillions of additional "stimulus dollars" have been either signed into law or are pending Congressional approval. Two of the most troubling aspects of Obama's economic initiative are that (1) there is no E-Verify provision to insure that only American citizens will get the jobs and (2) it does absolutely nothing to reclaim the manufacturing jobs that we have lost to China, India and other "cheap labor" markets.
E-Verify is 99.6% accurate in determining whether a prospective employee is legally eligible to work in the United States. It is a fact that if we ran every employee through E-Verify we could send 12 million Illegal Immigrants and Visa Overstays packing and free these jobs up for US American Citizens. But the rumor is that Obama is actually going to attempt to end E-Verify in March by not renewing the program. And Roy Beck, NumbersUSA, predicts that over 90% of the 3 million "Obama stimulus jobs" may actually got to Illegal Aliens and H1B's from India and other countries.
Most of the economists (e.g., Celente, Shiff etc.), that predicted the economic meltdown, are now criticizing the Obama administration for not doing anything to bring back our manufacturing jobs. They rightfully argue that, unless we bring these jobs back, we will continue to run a trade deficit that will only make us more indebted to Communist China, Islamic Saudi Arabia and other countries that frankly don't like us.
But an even more important question has been plaguing me over the last 6 months is the one thing that the Mainstream Media refuses to discuss is:
"How are we going to pay for this?"
Well I just read an unsubstantiated article that may hold the answer. And it is an answer that should make the blood of the American people go cold. It appears that Hillary has signed an agreement to allow the Chinese to take our homes and property should we not be able to "make good on the loan."
Sources at the United States Embassy in Beijing China have just CONFIRMED that the United States of America has tendered to China a written agreement which grants to the People's Republic of China, an option to exercise Eminent Domain within the USA, as collateral for China's continued purchase of US Treasury Notes and existing US Currency reserves.
US Gives China Eminent Domain Over US Property
Beyond High Treason
http://www.rense.com/general85/give.htm
If this story turns out to be true then every freedom loving American needs to get out into the streets and protest this until it is revoked. All business must stop. All purchases must stop. This betrayal cannot be allowed to stand.
But, while we don't even know if this is true, there is much we do know that should be equally troubling:
We currently have over 22 million Americans who are either out of work or just scraping through with part time employment that often does not provide health care benefits, much less a fair chance of economic survival. Yet despite this Obama and the bipartisan Congress refuses a moratorium on the 1.5 million legal immigrants that are being allowed into the country each year. Roy Beck suggests that it is quite possible the lions share of the 3 million jobs, Obama promises to create over the next 2 years, will go to Legal Immigrants and Illegal Aliens.
New Stimulus Projections -- At most 3.6 million jobs, while feds import 3.2 million new foreign workers
On top of that there is nothing being done to evict Illegal Aliens and Visa overstays from homes that they have illegally purchased. In fact they are actually promoting this illegal behavior, as if our Constitution was written on toilet paper. It is instructive to note that Americans cannot buy property in China as it is against their laws.
But the United States IS allowing Indian and Chinese non-citizens to come here and buy our property. I'm quite sure we are inviting any foreigner, with money to spend, to displace Americans from their homes. As you can read, in the following link, Obama is even helping out Illegal Aliens with the process of refinancing their home loans with our tax dollars:
Home mortgage relief for millions of illegals
Posted: February 24, 2009 By Jerome R. Corsi
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=89967
And you can read, in this article (below), how we actually promoting the Chinese to come in here and buy up our homes:
Snatching Up American Assets
by Dustin Ensinger Page 1 of 1 page(s)
http://www.opednews.com/articles/Snatching-Up-American-Asse-by-Dustin-Ensinger-090216-434.html
So even if the eminent domain story proves untrue one thing is becoming crystal clear: Obama is out to screw us. Of that there is no doubt. It is time for the American People to demand full implementation of the "New Agenda for America" which would stop all immigration and divest non-citizens of all US homes, businesses and other hard US assets.
Last year I wrote an essay titled "Curious Obama, Globalist Traitor." It focused on Obama's links to the dangerous Globalist Brzezinski. I had truly hoped that Obama's "globalist" ambitions would prove false. But, if anything, it turns out that he is worse than I could ever had imagined. Jefferson, Washington and Franklin must be turning in their graves.
Obama, the honeymoon is over. And you've got some explaining to do.
www.newagecitizen.com/#Is-Obama_Selling_Us_Out_To_China