Comments on: Memories May Fade, But Fine Print Doesn’t

China Still Owes Billions Of Dollars In Unpaid Bonds To 15,000 U.S. Families

[nssherlock1]

Actually, the roots of the government that issued the bonds are in Taiwan. That''s where Chiang Kai-shek went to when the communist kicked him out of the mainland.

[lib_crusher]

All China has to do is say "Fine, we''''ll pay up when the U.S. Government pays back the almost 1 Trillion dollars this administration has borrowed! "

Posted by nolalou at 12:12 PM : Jul 17, 2008

Yeah really. Thanks Bill Clinton!

[qntmlpr]

If the PRC always claim that they are the successive and rightful Government of all of China since thay have this fantasy of claiming Taiwan as their own province; participate (and keep Taiwan out) in world body organizations such as the United Nations and especially now that money is pouring in to china from their flood of exports, then they should make good faith and honor the unpaid bonds.

[nolalou]

All China has to do is say "Fine, we''ll pay up when the U.S. Government pays back the almost 1 Trillion dollars this administration has borrowed! "

[averjane]

aggiekat2004

Your boyfriend was obviously not in line with the Bible''s teachings, he will answer for himself, not I. I have enough of my own to answer for. And unlike the other self proclaiming Christians you''ve talked to, I do not blame anything on other religions, I see it for what it is, SIN. Wherever you find it, it''s all the same. And thank you, I will believe what I want. Isn''t this country and this faith great! I have the right and choice to do that and so do you.

[pvperson]

260 billion would work out to over 17 million each. How much were these bonds worth in 1939? $10,000 at 5% over 70 years would only be $304,264.

[kennedy7955]

I have a bond from the First Republic of Czechoslovakia. I don''t think they are going to pay either.

[harp1963]

George Bush will make sure China doesn''t pay a penny.

[aggiekat2004]

That was "kill g-a-y-s" that got censored. Thanks again, CBS, for not letting us type a fairly benign word.

[forthepeopl1]

Concerns about the international breadth of the fallout from Fannie and Freddie''s problems also eased. South Korea''s central bank denied a media report that it had unrealized losses of more than $7 billion in investments in U.S. agency debt including bonds issued by Fannie Mae and Freddie Mac.

Bank of China 3988.HK 601988.SS , meanwhile, may hold roughly $20 billion worth of bonds issued by Fannie and Freddie, according to a research note by analysts at CLSA.

A Bank of China spokesman could not immediately be reached for comment. Because the U.S. government has taken steps to support Fannie and Freddie, CLSA said in its note that it regards the credit risk for the two as near to that of a sovereign credit rating for the government itself.

[aggiekat2004]

AverJane, believe what you want to believe. But the bible does NOT hold people accountable. Most self-proclaimed christians that I know are NOT accountable, instead blaming everything wrong with their lives and society on other religions.

I dated a guy who claimed to be a good christian, but thought it was okay to kill *** because they had sinned against "his God." When I reminded him that killing was against the Ten Commandments, he said it "didn''t apply in that situation."

[johnstossel]

Good luck collecting!!! You will probably have as much success as the government does to make their currecy float instead of being pegged to the dollar. If we get too rough with them they will quit sending us all of the junk that is on Wal-Mart''s shelves. If Wal''Mart doesn''t have this stuff they will have lay offs and hurt our economy. We can''t make this stuff anymore because all of our factories are boarded up to prevent vandalism by the that can''t collect on their china bonds. One thing leads to amother...

[chatmandu002]

Hey I''ve got an idea. Why don''t we refuse to recognize our debt to China''s communist government.

[rosieod4prez]

jtdev1 - And if they don''t show up at the next bond sale then our economy takes a hit.

The more devastating that hit, the more it hurts China. The US is their number 1 customer. What happens when you don''t have customers ?

I have been to China. I know the people. They love their Country as much as we do, but don''t mistake "Country" for "Government".


So WHO is eally the problem here ? Congress. Another reason for a 9% rating. And as long as you allow them to get away with this sort of government, you are ultimately to blame.


I say - vote out the incumbent in Congress - I don''t care what party they are in. Instead of them listening to those that give the most to their re-election, we need to make them realize the ONLY way they hang onto their jobs is by listening to the PEOPLE!!!!

[markbrookhar]

I doubt they pay, it may be the same China, but it is a totally different government. The old China of the 1930-1940''s no longer exists. It is sort of like making a new company pay the debts of a defunct company no longer in business simply because the new company operates out off the old company building and makes the same product, but didn''t buy the old company, only ran it out of business.

[averjane]

What''s right is right. Does anyone know the difference anymore is what I will be waiting to see. The way the world has flipped flopped on these 2 words; right and wrong, wrong has become the right way to do things and the right way is now wrong. Now I know I''ve read something somewhere that said this would happen one day...let me think...now where did I see that...Oh now I remember, it was the B-I-B-L-E. Yeah, that''s the book for me! But the world hates that book because it holds us accountable! All you have to do is read the pages and it will tell you something about yourself. Every one of our consciences will be pricked by its contents. I feel an ouch when I read it sometimes but that''s usually because at the time I am spiritually or physically sinning and it''s words remind me and I come back to my God given senses. His word is alive and on fire, so burn now or burn later but you will burn!

[emelder]

oops ... war ... not "was"

[Torilin]

The Chinese government formally repudiated the payments in 1983, claiming it does not recognize the debts of pre-Communist governments-----------That pre-communist government(Taiwan, ROC) is still in existance and China claim it as its own! If they want to claim Taiwan as its own then they also claim the debt as well! PAY UP, DON''t BE a DEADBEAT!!

[emelder]

Congress has absolutely zero clout with China. Most likely, we will be at war with Chine within 12 years ... was is always about money and resources, and always made worse by lack of understanding between cultures, and demonification of the prospective "enemy". It''s coming and it won''t be pretty.

[jtdev1]

Good Luck!

Can you imagine Congress doing something against China? All the Chinese have to do is not show up at the next US Bond sale...

They''ve got us by the short hairs...