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July 31, 2009

How Reckless Overspending Might Lead to Treason

If true, this would meet any reasonable definition of treason:

The fact that China's share of U.S. treasuries not known, but is estimated to be over a trillion dollars, has many economists worried. If the country were to seek the U.S. guarantees on these bonds, there is very real possibility that an economic collapse would result that would be even more devastating than the Great Depression.
Meanwhile … the Chinese military is attempting to develop its own version of the stealth bomber but lacks the necessary technology to do so.
During the G20 Summit, President Obama spoke to Chinese Premier Hu Jintao. At this time, Mr. Hu suggested that if the U.S. provided relevant military technology, that the Chinese government would forgive some U.S. debt.
According to insiders, there is much turmoil in the Department of the Defense over Obama's suggestion that they sell the blueprints for the B-2 Spirit stealth bomber. Secretary of Defense Robert Gates has openly opposed the President's plan. As a result, Gates was asked to resign as Defense secretary if he does not wish to get the ball rolling.

This obviously requires confirmation, but it can't be denied that the massive debt Obama has been running up seriously compromises our national security.

clinton rat chicoms

On a tip from Oiao.

Posted by Van Helsing at July 31, 2009 8:25 AM


Unless we've actually created "flying saucers" akin to the UFO nuts' ravings, then selling the B2 to China IS TREASON! Damn it. This really is Jimmy Carter II.

We are so-o-o-o-o-o screwed. I truly fear for America and the future of my granddaughters.

Posted by: chuck in st paul at July 31, 2009 9:04 AM

So will obama and the demacreeps cut our defenses cancil the F-22 and feed the dragon like bill the fink did? and remeber when that blunering incompetetn numbskull JIMMY CARTER canciled the much neded B-1 bomber proving what a stupid brainless knucklehead he was

Posted by: SPURWING PLOVER at July 31, 2009 9:09 AM

I am just shocked that you would link to such a baseless article!

Sources are always key! Sources are what determines whether you are a reliable source of truth and facts. And it says whether you conduct yourself in a professional manner!

The site you source is nothing more than a spam site!

Posted by: john at July 31, 2009 9:25 AM

Then there is Clinton GIVING China our top nuclear secrets. Or was that for campaign funds.

Why is it every time the Democrats get into office the first thing they want to do is sell all our secrets to our enemies? Now I'm not saying they're not patriotic or anything, I'm saying they are the BIGGEST enemy this country has. Somehow in a twisted leftist mind full of Kool-Aid you could call that patriotic I guess. To someone.

Posted by: TED at July 31, 2009 9:29 AM

They're ALL spam sites when they SLAP the Messiah eh' John......;-)

Posted by: TED at July 31, 2009 9:36 AM

A rule of law has to be enforced.
Unconcerned, liberals wear TREASON as a badge of honor.

Posted by: Fiberal at July 31, 2009 9:45 AM

China: Sell us your soul.
Obama: How much ?

Posted by: IOpian at July 31, 2009 10:02 AM

Actually, this is not a baseless article. There are other AP articles out there announcing that the Administration is loosening the Export Compliance regulations on selling US technology to China.

The Export Compliance, ITAR and EAR have to be loosened first, through Presidential Directive, and then the transfer of B-2 and other Stealth technology will happen, and it will be legal because it would not violate the updated rules.

The next big announcement will come out of the Department of Commerce on this.

Posted by: Oiao at July 31, 2009 1:21 PM

Posted by: DavidD at July 31, 2009 8:37 PM


Snopes is, in reality, a very liberal couple (man and wife) who are very often left of center in 'political' findings of truth or fact.

Invoking the Snopes argument is just that. The Snopes argument.

Posted by: Oiao at July 31, 2009 10:30 PM

Does anyone know what became of the rumors that Hillary was giving the Chinese eminent domain powers in the US as collateral for them to continue buying our worthless T-bills? I wouldn't put anything past the Obozo administration for how obviously they hate America, but this sounds like its along the same lines and I was wondering if there was any correlation?

Posted by: Anonymous at August 1, 2009 8:51 AM

This is as far back is I can find it.

It says it was written by Richard Hogarty,
Boston Reviewer.

Well I googled it and its all over the internet, but I can't find an original source. I hope it is from The Onion or we are screwed.

Posted by: Frank White at August 1, 2009 9:55 AM

Google would suppress any reference to such.

Posted by: Anonymous at August 1, 2009 9:57 AM