As the U.S. Federal Reserve grappled with the aftershocks of financial crisis, the Chinese, like many others, suffered huge losses from their investments in American financial firms -- from Lehman Brothers to the Primary Reserve Fund, the money market fund that broke the buck.If this is true, and I hope that House and Senate immediately investigates these charges, then we have evidence and records of US officials being successful pressured by the Chinese government to unlawfully use the power of the federal government in such a way to benefit Chinese investment firms.
The cables, obtained by WikiLeaks, show that escalating Chinese pressure prompted a procession of soothing visits from the U.S.Treasury Department. In one striking instance, a top Chinese money manager directly asked U.S. Treasury Secretary Timothy Geithner for a favor.
In June, 2009, the head of China's powerful sovereign wealth fund met with Geithner and requested that he lean on regulators at the U.S. Federal Reserve to speed up the approval of its $1.2 billion investment in Morgan Stanley, according to the cables, which were provided to Reuters by a third party.
Although the cables do not mention if Geithner took any action, China's deal to buy Morgan Stanley shares was announced the very next day.
Timothy Geithner is the United States Secretary of the Treasury, appointed this position under Democrat President Barack Obama, and if it is true that Geithner was pressured by the Chinese to use federal government pressure in any way to circumvent the normal processes of our government then Geithner and anyone else who covered up or knew about this scandal should be impeached and thrown into prison.
Morgan Stanley received billions in taxpayer money as part of the bailout of 2008-2009. This taxpayer money helped Morgan Stanley stay in business. Chinese officials later bought a large chunk of Morgan Stanley, apparently after the White House applied pressure of some sort of federal regulators.
THE CHINESE ARE RUNNING OUR GOVERNMENT UNDER OBAMA AND HIS POLICIES, and Obama's latest debt proposal will put us further under communist China's control- they're already calling the shots in the Obama White House, Obama's bowing to the Chinese not just in reality but in real meaningful policy ways to, and this is now rising beyond 'Obama must go because he is imcompetent' and is getting to the level that 'Obama must go because he is criminally complicit in using the power of the White House to inappropriately apply pressure to other government agencies to help foreign governments to the possible detriment of US citizens.'
UPDATE: After sleeping on this one, I've decided that neither Obama nor Geithner has likely committed treason or other high crimes and so should not be impeached (although one could argue that it is possible that since Obama accepted massive amounts of donations from unidentified foreign sources last election that there is some sort of possibility of conspiracy that may be criminal). They are and continue to be incompetent in office, but no longer in the sort of incompetent bumbling fools sort of way, but now rather in the incompetent to the level that it is dangerous to the future of your children sort of way.
UPDATE II: Via memeorandum I see that Breitbart is on to this story now, so hopefully it will gain some legs, because if what Wikileaks reports is true, there are some borderline criminal behaviors that need to be investigated.
0 komentar:
Posting Komentar