Should California be given to China to settle the debt?
I think everyone would win. We would settle the portion of our debt owed to China, China would get more land, and the liberals in California (especially Hollywood) would finally live in a Communist totalitarian country. Of course, anyone who doesn’t want to live in such a place or who doesn’t want to eat noodles everyday or who can drive properly would be given a month’s notice to move.
What do you think?
Why wouldn’t China want California? California has the eighth largest economy in the world.
Why wouldn’t China want California? California has the eighth largest economy in the world.
Posted January 23rd, 2012 in Debt Settlement. Tagged: california california, china china, economy, hollywood, liberals, noodles, totalitarian country.
China doesn’t hold as much of the national debt as people think. Japan and the UK combined hold more. For some reason about a third of the national debt is held in "Intragovernmental Holdings".
January 23rd, 2012 at 9:10 pm"Intragovernmental Holdings are Government Account Series securities held by Government trust funds, revolving funds, and special funds; and Federal Financing Bank securities. A small amount of marketable securities are held by government accounts."
Nothing shady about that right? Not as long as the privately owned FED gets the interest payments. How much interest? For Fiscal Year 2011 the interest expense on the national debt was $454,393,280,417.03! For the past three months the interest expense was $148,132,944,196.93!
Sounds like a good deal to me. California liberals are not allowed to move before China takes possession.
January 23rd, 2012 at 9:10 pmOnly if they promise to build a new wall around the state to keep the illegals there.
January 23rd, 2012 at 9:10 pmNah, give them Hawaii. Its closer to China.
January 23rd, 2012 at 9:10 pmno
January 23rd, 2012 at 9:10 pmits only a matter of time…
As America becomes Obama’s favorite economic model, Greece, shows America the way
http://www.breitbart.com/article.php?id=CNG.c491790352f9e17d471995233507ef23.161&show_article=1
January 23rd, 2012 at 9:10 pmThe debt is not real. It is not even real paper money printed out anywhere. It is only mathematics done on some computer in a bank. Real capital is product and labor. We could do well to give everyone a debt vacation, because when the mathematics gets people as concerned and thinking its real as much as people think its real today, then the mathematical game of modern capitalism has overstayed its welcome. We need a new Adam Smith.
January 23rd, 2012 at 9:10 pmThey would rather take over a state full of brainwashed idiots they can manipulate Texas seems like a good bet..
January 23rd, 2012 at 9:10 pmWhy would China want California? It is not worth a fraction of what we owe China.
January 23rd, 2012 at 9:10 pmconsidering that the total percentage of US debt held by ALL foreign entities is something like 8% – the other 92% is held mostly by the richest 600 families in america (ironic that the same people who benefitted the most from the last 30 years of tax cuts now collect something like half a TRILLION dollars a year in interest payments from our pockets) – every intelligent person would agree that your idea is foolish in the extreme fostered by nothing more than blind hatred and unjustifiable contempt fostered by radically extremist right wing radio propoganda.
January 23rd, 2012 at 9:10 pmThey should give them Texas because that is where the person who made the debt lives.
January 23rd, 2012 at 9:10 pmYes So they could get rid of the Mexicans and When It Falls into the Ocean we would be rid of them also.
January 23rd, 2012 at 9:10 pm