continue loaning the United States of America money. Hillary Clinton wrapped up her Asian trip inFebuary 2009, by asking China to continue to buy US debtSo we have established the fact that China is worried about the money it has tied up in the UnitedStates Treasury and that The United States Government has sent Hillary Clinton and Timothy Gheitnerand possibly Barrack Obama, according to some sources, to speak and plead with the ChineseGovernment to continue loaning money to the United States of America. Now Many bloggers,including some from Japan, state that Obama has also begged the Chinese for money.
The rich rule over the poor, and the borrower
servant to the lender. Or thesecular take on this: He who has the gold rules. - He who has the money, rules, He who has moremoney, is golden, and he rules, not the beggar.It is suspect that some of theEmergency Economic Stabilization Act of 2008 (bailout) andTARP(bailout) money went to China. Some of the bailout(s) money possibly even went to Japan. Numerousweb sites informs us that some U.S. banks, that received bailout money, invested some of these veryfunds in China. The United States Federal Government will not release all of this information, possiblyin part due to fear that more creditors. China most likely wanted a pay down on the massive debtduring the global financial crises of 2008, and it appears that they (China) may have received it viainvestments in Chinese Banks and Firms. This could very well be where some of the EmergencyEconomic Stabilization Act of 2008 money went, but the United States Government's lips are sealedregarding the Emergency Economic Stabilization Act of 2008 taken from “We The People”, against “WeThe People’s” will.China is also a “suspect” reason, at least in part, U.S. taxpayer dollars were used to bail out FannieMae and Freddie Mac last year. A Business Week article written by Bruce Einhorn and Theo Francisproclaimed that
foreign bankers were worried, especially in China, which owned around $376 billion of Fannie and Freddie debt. "Treasury saw foreign governments getting the willies.”
So it appears that the U.S Government used the bailout money to bailout Fannie Mae and Fanny Macin order to appease the $376 billion stake that China owns. No telling how much more was given toJapan and a host of other nations. Of course this is speculative, but fact is; some banks that receivedTARP money invested some of the TARP money in China.The Majority of “We The People” said “no” to the bailout, “let the market correct itself.” The UnitedStates Government would not dare tell “We The People”, that China owns a good portion of the U.S., if that is the case, and it appears to be, according to many analyst. The United States Government gotthemselves into this mess, they should have got themselves out, but instead they have charged everysingle U.S. Taxpayer approximately $80,000 each.The $23.7 trillion figure comprises about 50initiatives and programs set up by the Bush and Obama administrations as well as by the FederalReserve, according to the Associated Press. Now thecurrent Administration is considering more
bailouts. Where will this stop? Now a VAT tax?The USA pays interest on over $3.1 Trillion and growing, each year, not to mention principal accordingto Wikipedia. The majority of the debt is held by who else but China...SEC Inspector General David Kotz reports the details of senior agency staffers spending hours surfingpornographic websites on government-issued computers while they were supposed to be policingthenation's financial system.These reports place certain individuals watching porn for 8 hours on taxpayer purchased U.S. government computers. These are the heads of the U.S. Financial system.