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Originally posted by SweetT
that means that they can come take what ever here in the US that they feel would be worth the amt owed, such as California, Texas, The Statue of Liberty, Long Island, or any number of companies, homes, businesses or any state or federal building.
Originally posted by SweetT
China is smart, and they have diversified into other currencies, doing trade with Russia in Rubels and Yuan. They have made agreements with the BRIC nations to deal in their own currencies, they have made agreements with the Arab emirents. They have been unloading US money by buying our own properties etc with it, and other things, this way they get something for the money and someone else is left with the US currency that keeps dropping. They also only continue to buy US Bonds because the US has promised to repay them before anyone else, by agreement of Imminent Domain to our debts. We will not win this, we have dug a hole with no way out, unless we default on our loans, but even then if they have been given Imminent Domain, that means that they can come take what ever here in the US that they feel would be worth the amt owed, such as California, Texas, The Statue of Liberty, Long Island, or any number of companies, homes, businesses or any state or federal building.
Bin Laden: Goal is to bankrupt U.S.
"We are continuing this policy in bleeding America to the point of bankruptcy. Allah willing, and nothing is too great for Allah," bin Laden said in the transcript.
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"All that we have to do is to send two mujahedeen to the furthest point east to raise a piece of cloth on which is written al Qaeda, in order to make generals race there to cause America to suffer human, economic and political losses without their achieving anything of note other than some benefits for their private corporations," bin Laden said.
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As part of the "bleed-until-bankruptcy plan," bin Laden cited a British estimate that it cost al Qaeda about $500,000 to carry out the attacks of September 11, 2001, an amount that he said paled in comparison with the costs incurred by the United States.
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"Every dollar of al Qaeda defeated a million dollars, by the permission of Allah, besides the loss of a huge number of jobs," he said. "As for the economic deficit, it has reached record astronomical numbers estimated to total more than a trillion dollars.
Originally posted by MajorKarma
reply to post by Vitchilo
I knew having my daughter take courses in Mandarin Chinese was the right move a few years back but I had no idea how short Chinese women are or I'd of taken a course myself.
[/quote
Well if you know Spanish you can always get a Costa Rican girl, my daughter lives there and says they are all short..She comes to the US to buy pants because she is 5ft 10 and they have nothing there that will fit her. She said they are all about 5ft tall. some more, some less but nothing like what we are used to.]
Originally posted by trollslayer
reply to post by Vitchilo
So do i understand this correctly, China is witholding trade to prove a point to Europe so America is witholding trade to prove a point to China? I find it difficult to see a positive outcome from punking out your bookie...
Well this is true, but since Hillary Clinton went to China in 09, she made them promises that we will have to keep, and that includes imminent domain if we are not able to pay them back, this is the stipulation that keeps them buying US treasuries..It is not talked about in MSM. But she had to do this to keep them buying. This is what they dont want you to know.