SHIFT
HAPPENS: FREE TIBET OR EL$E
In rapid response to Chinese demands that they be granted immediate access to their American properties to protect their 'investments', the United States is enacting a new law titled the Emergency Economic Stabilization Act of 2008, which in Section 101, paragraph 7:3 states:
"Designating financial institutions as financial agents of the Federal Government, and such institutions shall perform all such reasonable duties related to the Act as financial agents of the Federal Government as may be required".
The United States Federal Reserve has further notified the China Development Bank; the second largest bank in Asia, and the main holder of U.S. mortgage debt instruments, that they will be designated by the U.S. Secretary of the Treasury as one of the financial institutions protected by this extraordinary new law, and which, according to these reports, "will empower Chinese policing authorities the right to act as law enforcment officers in the United States, including granting them the right to evict American Citizens from homes whose mortgage debt is held by China