An Open Letter to Wen Jiabao and the Chinese Government
From Kyle Bennett:
March 16, 2009
You've expressed concern with the safety of the hundreds of billions of dollars of US Treasury instruments that you possess. Your concern is well founded.
They will not be paid in full.
First, while I have your attention, let me state that since you are communist thugs who brutalize your people and have no right to run a country, or even to breath the air of this planet, I have no sympathy for your predicament. It's a shame that some in this country are burdened with the belief that they are in debt to the likes of you, but that is their problem. It is not, generally, a problem the American people are saddled with. We never agreed to be in your debt.
Understand one thing, and though I'm sure you already know it, I will spell it out clearly so there is no misunderstanding. That paper you hold is backed by only one thing: the presumed ability now and in the future of our government to rob or extort from the American people the money that will be used to repay you.
I refer to the paper you "hold", rather than own, because you own nothing. What you were promised was not the property of the people you made your deals with. It was not theirs to offer, and it is not now yours. Your deal was with a relatively small handful of United States officials, George Bush, Alan Greenspan, Ben Bernanke, Henry Paulson, Barak Obama, Tim Geithner, and others. It was not with us. It was with them, and it is with them or their assigns that you will have to deal in the future.
That they have promised you our cooperation, willing or otherwise, should be of little comfort to you. They have no authority to make such promises on our behalf, nor on generations yet unborn. Their promises were based on the assumption that the force of law, or the naked force of arms, will remain at their service to be placed in your service. That is a risky assumption.
I know you are fully aware that this paper your hold is backed only by submission to presumed authority, by threats of extortion, or by naked aggression. That is the way you yourself are accustomed to operating. But it is not how we are accustomed to operating. We are not you, we are free men, and we will only acquiesce to being burdened with these obligations so long as we believe that accepting them is in our interests.
It is not - not anymore. The profligate borrowing and spending of our government in the past decades, vastly accelerated in the last year, has not been in our interests. It is clear to us now that it was in the sole interests of those who have come to believe that we are their servants, rather than they ours. We are not slaves nor servants. We will not work our lives away for the sole benefit of domestic rulers, let alone the foreign "creditors" they would have us believe we owe our blood and sweat and soil to.
One way or another, these promises will not be kept in full. Even if we, and future generations, should agree to accept these obligations, they have far exceeded our ability to ever repay them. But we won't agree. We know they are too high to ever pay, we know the generations of continued, brutal sacrifice that would be required if we tried, and we know that they are not legitimately our obligations...
Read the rest.
Any reason why the other creditors on this list shouldn't be told the same thing?
Phrased alternatively, can anyone show me a single Treasury note with my name signed as borrower?
Given that the answer is "no", why shouldn't I treat any attempt to seize my assets as an armed robbery attempt?