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America to be put though the meat grinder once & for all!

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  • America to be put though the meat grinder once & for all!

    http://www.marketoracle.co.uk/Article9684.html

    Pinch me!


    Mike

  • #2
    Re: America to be put though the meat grinder once & for all!

    It is hard to believe that China has been granted eminent domain rights. For one thing, its unconstitutional, for another thing, I dont think the entire population of a city is going to agree to just leave peacefully for the Chinese to move in...

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    • #3
      Re: America to be put though the meat grinder once & for all!

      According to Snopes.com, the eminent domain rumor is discredited on numerous grounds. Repeated references to that rumor discredits the many website sources that repeat it.

      Quote from Snopes.com

      The concept of "eminent domain" in the United States refers to the right of the government to seize private property for public use in exchange for payment of fair market value. (The Fifth Amendment to the Constitution mandates that "private property [shall not] be taken for public use, without just compensation.") Thus the idea of enacting eminent domain as a form of debt repayment or guarantee isn't logical: It's akin to a debtor's offering to settle a $5,000 debt by agreeing to sell his creditor $5,000 worth of jewelry for $5,000 — at the end of the day, the debtor hasn't given up anything, and his creditor still hasn't collected anything on his original loan amount.

      Moreover, Executive Order 13406 ("Protecting the Property Rights of the American People") states that the the federal government must limit its use of the taking of private property "to situations in which the taking is for public use, with just compensation" and "not merely for the purpose of advancing the economic interest of private parties to be given ownership or use of the property taken."

      So who is reporting this news? Not any legitimate news outlet — the story appears only in the blog of former radio host Hal Turner (who has previously presented fictitious tales of politically outrageous subjects as actual occurrences, such as proffering fake Amero coins as proof of a secret conspiracy to merge the U.S., Mexico, and Canada into a single entity) and in hundreds of identical Internet replications.

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