The China Question

There is a Internet rumor that the U.S. has granted the Chinese the power of eminent domain if the U.S. defaults on its debt. This does indeed raise the question: “What is the U.S. giving the Chinese?”


  1. How the hell is congress going to sell this? I mean if what you say is true there could be some serious issues in the future. Very serious. It is not a good time to be a politician or in government.

  2. The State Department says there is “no factual basis” to an Internet rumor that went viral over the weekend claiming Secretary of State Hillary Clinton was willing to pledge American homes to China as collateral for Beijing buying U.S. debt.

    The rumor, in various versions, claimed Clinton brought with her last month to Beijing a written agreement offering to extend to China the option to exercise eminent domain rights within the U.S. The rights purportedly were offered as collateral for China’s continued willingness to purchase additional trillions of dollars in U.S. Treasury debt the Obama administration hopes to sell to finance projected federal budget deficits.

    “There is no factual basis or substance to this report,” Laura Tischler, a State Department press officer, e-mailed WND in response to an inquiry.

  3. is there another word that is (nearly) synonymous with “factual” that could be substituted that may make this rumor more true?

    Not that I would expect US houses to be the first item offered on their list, but I wonder if any other of our resources had been offered.

    Sadly, I wish those in important political and bureaucratic positions had a better history with a) looking out for the interests of those who elect them (with votes, not $$$), or b) telling those same people the truth about what their plans and philosophies are. Unfortunately, we don’t get enough of a dose of that truth.

    until this tragic scenario is rectified, or until similarly scary “rumors” (which turn out later to be mostly fact) cease to happen, such rumors will continue to capture the eyes, ears, hearts, and even imaginations of those who are in tune with the energies and interest that many in power possess, if not their specific deeds.

  4. If it walks like a duck, talks like a duck, it’s most likely a duck. Personally, I wouldn’t mind more Chinese neighbors. They’re a lot more industrious, intelligent, and family oriented than most of what we have and what we get.

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