COLLATERAL FOR CHINA’S MONEY
By Russell Earl Kelly, PHD
April 19, 2012
Have you every loaned somebody a large sum of money? Or have you ever borrowed a large sum of money? Was there not some kind of collateral guaranteed or exchanged to insure that the lender’s money is covered if the borrower defaults?
Exactly how much do we owe China, or is the answer hidden from us to keep us from being embarrassed and ashamed? The answers I find on the Internet range from almost a billion to two and one half TRILLION dollars. That is: $2,500,000,000,000.
My question for our leaders is: When the U.S. borrowed that money from China, what did the U.S. give China as collateral? As U.S. citizens, we deserve to be told the truth. Our president, congress, and other elected officials should tell us; after all it is our resources they are giving as collateral.
Is our collateral to China land? Or have we already brokered a promise that we must buy an equal amount of merchandise from China? Is this the real reason that most of the merchandise sold in our retail giants like Wal-Mart, Home Depot, Lowes, and others is “made in China”? Look around. Look for yourself. Read the labels. “Made in China!” “Made in China!” “Made in China!” It is driving me nuts and is driving all of us into being servants to China. Even Mexico is being sucked dry by China; have you seen the “paxrts made in China; assembled in Mexico” labels? And we wonder why there are no jobs here.
Attention: Mitt Romney, Rush Limbaugh, Bill O’Reilly, Sean Hannity, Greta Van Susteren, Neil Cavuto, John Stossel, Lou Dobbs, Glenn Beck, Neal Boortz, Joe Pags, and everybody else who has a piece of the public’s ear --- help stop this madness. We are aiding those who desire to rule over us.