''The truth is America is for sale as long as we remain dependent on foreign countries such as China to finance trillions of dollars of budget deficits the Obama administration has no plan whatsoever to contain now, or for at least a decade into the future.''
With China increasingly wanting equity for debt in buying U.S. Treasuries to finance the $1.4 trillion 2009 Obama administration debt, maybe the United States ought to sell California to China.
With unemployment at nearly 10 percent nationally, California is nearly bankrupt, and the federal government is in no position to finance California's state budget deficit.
There is precedent for selling California to China: the 1803 Louisiana Purchase in which the United States paid France to acquire the Louisiana Territory, and the 1867 acquisition of Alaska from the Russian Empire, then known as "Seward's Folly" after then-Secretary of State William Henry Seward.
This was the suggestion I made, only partly tongue-in-cheek, to the Constitution Party national meeting I addressed last Saturday in Phoenix. Ariz. A video of my speech is available at the Constitution Party of Arizona website. Alternatively, maybe we could outsource the Social Security Administration to Bejing, since increasingly the Obama administration is dependent upon Chinese financing to keep the federal government operating.
With the Social Security Administration about to go into the red on a cash-flow basis, outsourcing the agency to Bejing would eliminate the middleman by allowing the Chinese to bypass Washington by mailing Social Security checks to American seniors directly.
Besides, the Chinese will probably be able to operate the Social Security Administration with less costly bureaucrats, a move that might also help President Obama reduce federal budget deficits.
To clarify the process, the federal government could add a notation at the bottom of all Social Security checks saying, "Paid Courtesy of the Government of Communist China." http://www.wnd.com/index.php?fa=PAGE.view&pageId=114250