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Post by thistlesdale on Jan 28, 2011 12:34:18 GMT -5
of course neo-con republicans always talk a good game but as usual, now that it's time to put up or shut up, you can hear a pin drop I can't help wondering if this isn't really it, this time? in other words, THE WHOLE WORLD knows our entire infrastructure is totally unsustainable if our representatives refuse to cap spending now, the logical mind has no reason to assume they ever will
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Post by dwolf on Feb 18, 2011 9:52:29 GMT -5
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Post by callmerico on Jun 4, 2011 11:48:21 GMT -5
The Party is over folks...designed decades ago by the enemy within, and it aint mooslims.
China Has Divested 97 Percent of Its Holdings in U.S. Treasury Bills
Friday, June 03, 2011 By Terence P. Jeffrey
Chinese President Hu Jintao and President Barack Obama of the United States
President Barack Obama and President Hu Jintao of China toast during the State Dinner in State Dining Room of the White House, Jan. 19, 2011. (Official White House Photo by Lawrence Jackson)
(CNSNews.com) - China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month reported by the U.S. Treasury.
Treasury bills are securities that mature in one year or less that are sold by the U.S. Treasury Department to fund the nation’s debt.
Mainland Chinese holdings of U.S. Treasury bills are reported in column 9 of the Treasury report linked here.
Until October, the Chinese were generally making up for their decreasing holdings in Treasury bills by increasing their holdings of longer-term U.S. Treasury securities. Thus, until October, China’s overall holdings of U.S. debt continued to increase.
Since October, however, China has also started to divest from longer-term U.S. Treasury securities. Thus, as reported by the Treasury Department, China’s ownership of the U.S. national debt has decreased in each of the last five months on record, including November, December, January, February and March.
Prior to the fall of 2008, acccording to Treasury Department data, Chinese ownership of short-term Treasury bills was modest, standing at only $19.8 billion in August of that year. But when President George W. Bush signed legislation to authorize a $700-billion bailout of the U.S. financial industry in October 2008 and President Barack Obama signed a $787-billion economic stimulus law in February 2009, Chinese ownership of short-term U.S. Treasury bills skyrocketed.
By December 2008, China owned $165.2 billion in U.S. Treasury bills, according to the Treasury Department. By March 2009, Chinese Treasury bill holdings were at $191.1 billion. By May 2009, Chinese holdings of Treasury bills were peaking at $210.4 billion.
However, China’s overall appetite for U.S. debt increased over a longer span than did its appetite for short-term U.S. Treasury bills.
In August 2008, before the bank bailout and the stimulus law, overall Chinese holdings of U.S. debt stood at $573.7 billion. That number continued to escalate past May 2009-- when China started to reduce its holdings in short-term Treasury bills--and ultimately peaked at $1.1753 trillion last October.
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Post by callmerico on Jun 4, 2011 11:49:48 GMT -5
Idaho to be first Chinese state
Bill Turner Boise Conservative Examiner
Idaho to be first Chinese state:
Governor Butch Otter, in league with notorious Marxist, B. Hussein Obama, have hatched a plan to make Idaho the first Chinese owned state in America. Otter and company have named this Project 60. Sounds innocent enough, until you realize that Otter and his minions are afraid to call it what it is, globalization of America and surrender of sovereignty. If it were called that someone may want to charge Otter with sedition. Under B. Hussein Obama it has become increasingly difficult to do business in America, unless you are from a foreign nation. Idaho, under the stewardship of Governor Butch Otter, has opened the door for a Chinese invasion wherein the sovereignty of Idaho and America will be sodomized by all parties involved.
Project 60 takes advantage of a federal program that grants permanent residency to foreign nationals, in this case, Chinese. This program comes with special tax exemptions to the foreign firms moving here. American companies do not get the tax exemptions; So much for the Constitution and equal protection. Idaho is struggling financially and it is widely known that America is broke, so why tax breaks for the Chinese? China wants to limit its exposure to America’s debt. China needs to maintain its trade deficits, so it does not collapse like a house of cards. In order to accomplish this, China must unload currency and excess dollars. Buying Idaho is a good way to accomplish this. But, do not worry, China is looking at buying Ohio, Michigan and Pennsylvania as well. China will not allow its currency to become stronger, so it must eliminate some of America’s IOU’s. What better way to do this than buy America?
Top Idaho officials have been traveling to China and entertaining the Chinese here, in order to help facilitate this. Idaho is a resource rich state and the Chinese know it, as does Obama, who keeps snatching Idaho land. Otter, Obama and the attack on business in America paves the way for China to own us. A Chinese firm is building a fertilizer plant in American Falls Idaho. Ironic. China has bought fifty square miles of land south of Boise, thirty thousand acres of Idaho gone to foreign nationals. Governor Otter says this will help reinvigorate our American industrial base. Just how this will do it, since the plants will be staffed with foreign nationals is a question that remains unanswered.
There are local and national security concerns to go with this immoral and illegal act. Governor Otter and his minions have agreed to give China ‘hassle free’ landing rights at Idaho’s main airport. There are two problems with this, one of which is the airport in question is used by the Idaho Air National Guard, and the other is Mountain Home Air Force Base is just miles away and the home of some of the Air Forces best kept flight secrets. The Bible says the borrower is the lenders slave. It appears that officials in Idaho and the Obama Administration have realized that and the term “Buy Idaho”, has become more than just a brand for Idaho goods. China took it literally.
Governor Otter, B. Hussein Obama, Congress and the Idaho Legislature have done nothing to protect the sovereignty of Idaho and America. What will the citizens do? What will you do? Freedom is something that is lost if not acted upon. When will China come for your state? What will you do?
Call Governer Otter: 208.334.2100
Source: RBN News
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Post by andrefitzgerald on Jul 4, 2011 1:44:32 GMT -5
Debt ceiling is the most talk a bout today in the U.S specially n the senate.President Obama gave a White House press conference on Wednesday regarding the debt ceiling. He was especially critical of House republicans not willing to increase the debt ceiling if taxes are raised. The president said it is time for everybody to "take on their sacred cows" and "get it done.". Predictable, reactions to the conference have been divided along party lines. The proof is here: Obama blasts Republicans on debt ceiling.
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Post by callmerico on Jul 4, 2011 12:17:00 GMT -5
Debt ceiling is the most talk a bout today in the U.S specially n the senate.President Obama gave a White House press conference on Wednesday regarding the debt ceiling. He was especially critical of House republicans not willing to increase the debt ceiling if taxes are raised. The president said it is time for everybody to "take on their sacred cows" and "get it done.". Predictable, reactions to the conference have been divided along party lines. The proof is here: Obama blasts Republicans on debt ceiling. Newsflash. George Wallace, governor of Alabama and “state-rights” candidate for the presidency, was fond of saying, “There’s not a dime’s worth of difference between the Democrats and the Republicans.”America is a 1 Party system. Both sides are owned by Banksters and the Israeli government. DemocRats tax and spend, Republicrud Borrow and spend, all beholden to the Illegal Fed Reserve and Bank Lobbyists. Israel -whom we've given 1.7 Trillion to, and gotten nothing back in return except stealing our intelligence, Bombing the USS Liberty and killing US Sailors, and hatred in the Middle East is our Cancer and defies our Founding Fathers-'Entangling alliances with No Nations'-Jefferson. Israel is the 1 issue all politicians Agree on (or they dont get reelected). Interesting that. The rest is just smoke and mirrors. If you think voting Republican next election will solve our problems, Ive got ocean front property in Indiana to sell you. The USS Liberty, attacked by Israel in 1967, unprovoked, premeditated killing and wounding 200 US Sailors, covered up by John McCains Father. The Longest attack on the Navy since Pearl Harbor-They napalmed our sailors, torpedo'd it and shot it with 5000 50 caliber rounds in an unmarked plane-war crime. The entire event was covered up, the story was never told. My friend was on that ship.
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Post by thistlesdale on Aug 3, 2011 10:24:37 GMT -5
well, I'm afraid the verdict is in: republicans are just state socialists too en.wikipedia.org/wiki/Big_Mac#History according to wiki, the big mac was introduced in 1967, for 45 cents so we're looking at 1000% inflation in my lifetime alone not sure that meets the definition of "hyperinflation" but any fool can see it's not sustainable I wonder, how many amero dollars will it cost to buy a big mac?
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