(UPDATED 102110- CONGRESSMAN CALLING FOR INVESTIGATION)(UPDATED 101910 – CHINA WITHHOLDING SHIPMENTS OF RARE EARTH MINERALS – It has begun…….(Updated 101510 WITH LETTER TO BOEHNER AND CANTWELL)CHINA TO OWN 33% OF GAS AND OIL RESERVES IN TEXAS – SOVEREIGN US TERRITORY/RESOURCES OWNED BY A COMMUNIST NATION!!!

 

HEY!! THIS IS IMPORTANT FOLKS! GET ON THIS NOW!!!

 

COMMUNIST CHINA TO OWN US RESOURCES

THIS IS OUTRAGEOUS!!!  COMMUNIST CHINA IS GOING TO BE ALLOWED TO OWN, TO OWN, SOVEREIGN US PROPERTY ON US SOIL!!!  YES, THAT IS ALL IN CAP FOR A REASON!!!

 

This cannot be allowed to stand by any measure.  The thought of this “deal” should chill every Red Blooded American to the bone.  I urge all to write, call, e-mail your Reps and tell them that this deal cannot stand.

Lets see, let’s think this out a little bit.

1. We have a company in the US whose greed is such that it thinks that it is a really good thing to sell gas and oil holdings that we need to develop for our own use.

2.  Not only is it a good idea to sell it, lets sell it to a Communist nation who’s long-term goal is to bring the USA to its knees.

3.  Does this not give Red China a legal foothold on US soil?

4.  What would China do if it thought its “interests” we being threatened in Texas?  Would it bring in its own “workers” (troops) in to oversee the operations?  And if so, what legal recourse do we have to stop these foreign troops from being deployed into the fields?

Am I the only one here who sees this as a HUGE mistake and this deal should not be permitted?  How in the hell can our government justify this sale when we here in the USA are struggling under the weight of foreign dependence on fossil fuels when we have the reserves here to sell to a foreign, potentially HOSTILE nation?  Has everybody forgotten the fact that we are supposed to be fighting against Communism, not propping it up?!? Dear God, have we as a nation jumped over the cliff on this??  Maybe so……

http://www.chk.com/news/articles/Pages/1391082.aspx

http://www.forbes.com/2010/10/11/chesapeake-energy-sells-assets-to-cnooc-marketnewsvideo.html

http://www.upi.com/Science_News/Resource-Wars/2010/10/12/China-strikes-deal-for-Texas-shale/UPI-85031286912167/

MY LETTER TO JOHN BOEHNER AND MARIA CANTWELL ON THIS MATTER. I didn’t write to Patty Murray because I feel she is a lost cause because she 1. couldn’t care less, and 2. Dino Rossi is going to defeat her this election.

I am writing you over concern over the State-owned Chinese energy giant CNOOC, which is buying a multibillion-dollar stake in 600,000 acres of South Texas oil and gas fields.  I do not feel that this deal is in the best, long term interests of the Nation simply because this deal will give Communist China a legal foothold on sovereign US soil, plus I am appalled at the fact that Communist China is being given rights to fossil fuel deposits that were not going to be developed for our own use in the USA when we here in the US need them most acutely.  This is especially egregious keeping in mind the fact that the USA is overly dependent on foreign oil to the point where the United States has taken military action in order to safeguard these resources.  How do you think China is going to react if it is felt that “their” foreign oil resources are at risk?  This whole scenario is unacceptable on many levels.  The Congress should be doing everything in its power to ensure that the jobs that would be created in this field are being produced by American companies, with the fruits of these fields going to the USA in order to reduce our dependence on the foreign supplies we currently import.  By reports, “The deal represents China’s second try at making a big move into the U.S. oil and gas market, following a failed bid five years ago to buy California-based Unocal Corp”.  It is felt that the political climate is now more favorable now, thus the renewed attempt to gain inroads.  Is this sentiment predicated on the fact that China has loaned the US trillions of dollars, thus they feel they have the good ol’ USA literally over a barrel of oil?  I think this may be so.  I predict that this issue is going to become a major problem and a political “hot potato” for any Politician who turned or IS turning, a blind eye to this development.  This deal should not be allowed to come to fruition because this “compact” is not in the best interests of our nation.  I urge you to look into this matter post haste, and stop it immediately.

UPDATED 101510

CHINA WARNS US NOT TO BLAME THEM FOR OUR ECONOMIC PROBLEMS

UPDATED 101910

This is why our greedy politicians should have never allowed a communist nation (Who seeks to destroy us) to buy up our dept or have anything to do with ANYTHING that could endanger our national security.  This situation can lead to a really really bad scenario…………

UPDATED 102110

http://thehill.com/blogs/e2-wire/677-e2-wire/125289-markey-presses-pentagon-energy-dept-on-chinas-rare-earth-restrictions

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  1. #1 by Rick L. on 10/19/2010 - 6:59 pm

    The United States is insolvent and for years China has been buying United States debt into the Trillions of dollars. American treasuries are going to be even more worthless as long the U.S. Government’s spending stays out of control. China knows they can’t get blood out of a turnip, so buying up real estate is a smart move. I would venture to say that 60% of everything we buy is being made in China, so they have been making lots of money off United States consumers. Just for an example, I purchase a magazine that comes out quarterly that’s all about early and present day Hot Rodding. All American stuff right? Well I was surprised to find out they have the entire magazine printed in China then shipped here to sell. Yeah, nothing like helping another country prosper. Interestingly though, the past few years the Chinese Government has been encouraging their citizens to buy Gold, something that was discouraged a decade ago, which may be showing signs of tapering off, seeing as how the purchasing of goods from China has been effected by our bad economy. I don’t see how the purchase of U.S. soil can be stopped as long as our Government is out of control and drives small business out of business and the ones that can survive leave the country. It’s no wonder that China has plans to buy up oil fields. At least they will have something to show for their money other than toilet paper. Big Government, higher taxes and more regulation has destroyed a lot of businesses here on the mainland and you know as well as I do, once a tax increase has been implemented it will never be abolished. And the same goes for regulation. So who knows, maybe China will be purchasing even more soil in America.

  2. #2 by Kate Swingfield on 01/04/2011 - 10:09 am

    It was certainly interesting for me to read that post. Thanx for it. I like such topics and everything connected to them. I would like to read more on this blog soon.

    Kate Swingfield

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