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So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!

 
Anonymous Coward
User ID: 5769488
United States
05/09/2012 10:20 PM
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So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
The approval marks the first time the Fed has allowed any large Chinese bank to purchase a U.S. bank, and it could boost merger and acquisition activity "as Chinese banks may look to acquire regional banks in order to establish a U.S. footprint,"

Well now..first china wont buy euro debt..BUT BUYS OUR BAILED OUT BANKS!
more....

[link to money.cnn.com]
Anonymous Coward (OP)
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05/09/2012 10:22 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
The Fed also said it will allow the Bank of China, the third largest bank in China, to expand its U.S. operations to Chicago.. At the moment, the Bank of China operated two branches in New York and a limited branch in Los Angeles...
Anonymous Coward (OP)
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05/09/2012 10:22 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Fed also approved the application by Agricultural Bank of China Ltd., the fourth largest bank in China, to establish a branch in New York. At the moment, the Agbank only operates a “representative office” in New York.
Anonymous Coward (OP)
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05/09/2012 10:23 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
U.S. and other western financial institutions still face major obstacles to full participation in China, the effect of which is to slow badly needed reform in China’s financial system,” Dearie said in an interview.

SO..WE CANT? THEY CAN? WTF?
[link to www.marketwatch.com]
Anonymous Coward (OP)
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05/09/2012 10:25 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
WHO CARES?

WE BAILED OUTB THE BANKS..REMEMBER? OH..wait..we borrowed the money from....uuhh..WHOOPS?
Anonymous Coward
User ID: 14348632
United States
05/09/2012 10:43 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
The approval marks the first time the Fed has allowed any large Chinese bank to purchase a U.S. bank, and it could boost merger and acquisition activity "as Chinese banks may look to acquire regional banks in order to establish a U.S. footprint,"

Well now..first china wont buy euro debt..BUT BUYS OUR BAILED OUT BANKS!
more....

[link to money.cnn.com]
 Quoting: Gonviral


Good find, OP, 5 stars for you
tractornut

User ID: 9117667
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05/09/2012 10:48 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Just wait until China starts foreclosing on people's home sand farms, our new overlords have arrived.
ScrumpTheTexanModerator
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05/09/2012 10:52 PM

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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
WHO CARES?
 Quoting: Gonviral


I do.

5stars

And pinned.
I am a Christian.

Christian does not equal doormat or pushover

"I Have Sworn upon the Altar of God... Eternal Hostility against every form of Tyranny over the mind of man." -Thomas Jefferson, Sep. 23, 1800

MedinaD

The Election of Donald John Trump: [link to www.godlikeproductions.com]

For previous Newsletters, click 'Scrump's News Letters' @ [link to www.godlikeproductions.com]
Anonymous Coward
User ID: 15722293
United States
05/09/2012 10:54 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Fuck that.

I hereby renounce my US citizenship and declare myself a de-facto stateless refugee.
Anonymous Coward
User ID: 15722293
United States
05/09/2012 10:56 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Just wait until China starts foreclosing on people's home sand farms, our new overlords have arrived.
 Quoting: tractornut


I abso-fucking-lutely guarantee you that within a year, foreclosed people will find the name of a Chinese bank on the foreclosure papers.


I have already seen in hard copy that these paper assets are changing hands so fast, that even the law firms filing the paperwork don't know who owns them.

This is, of course, blatantly illegal, but they push the papers though and it all gets done.
Anonymous Coward (OP)
User ID: 5769488
United States
05/09/2012 10:57 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Fuck that.

I hereby renounce my US citizenship and declare myself a de-facto stateless refugee.
 Quoting: Anonymous Coward 15722293


ooohhh....uuhh..each and every tax payer of america owes..138.220.00...OMG!

CHINA + FED RESERVE =?=?=?
Anonymous Coward
User ID: 12691211
Canada
05/09/2012 11:00 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Chinese are freaking rich. You guys should study that country carefully to solve your economy issues. They buy up all the expensive houses in Canada hiking the the average price of homes so freaking high to amounts nobody can afford (expect Chinese). Went to the grocery store today and was looking for dictionaries. The only one I could find was a Chinese-English dictionary.Yes, Op, so it begins.
Kirk

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05/09/2012 11:05 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
cheese in every mousetrap
going to get them so involved they cant dump our paper money
Government is a body largely ungoverned.
Anonymous Coward
User ID: 15531531
Spain
05/09/2012 11:07 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Attention:

newsflash

US Banks being bought out by Communist Chinese fucks... using your money... to which you will owe more money.

Chinese Communists laugh.

You are fool.
Anonymous Coward
User ID: 11747091
United States
05/09/2012 11:12 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
If I had a dollar for every doom thread on GLP that the first the three words were So It Begins! I could start to buy US Banks 5a
Anonymous Coward
User ID: 15396650
United States
05/09/2012 11:23 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Chinese are freaking rich. You guys should study that country carefully to solve your economy issues. They buy up all the expensive houses in Canada hiking the the average price of homes so freaking high to amounts nobody can afford (expect Chinese). Went to the grocery store today and was looking for dictionaries. The only one I could find was a Chinese-English dictionary.Yes, Op, so it begins.
 Quoting: Anonymous Coward 12691211


interesting. i believe they are doing the same thing in my city. it is a very wealthy beach and tourism town, and many oceanfront homes are being bought by chinese and saudis.

Heres a story. i learned from a janitor of a nearby apartment complex that one chinese doctor owns 10 apartments. each one looks made for 20 people. huge dining tables, another will have a lot of couches, beds, etc.

basically the doctor takes in very high level wealthy PREGNANT chinese women (probably wives to officials and businessmen in china) and has them live there till the baby is born, and they go home, giving the child both US and chinese citizenship.

wont be long till one of those kids is president
Anonymous Coward
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05/09/2012 11:25 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
If I had a dollar for every doom thread on GLP that the first the three words were So It Begins! I could start to buy US Banks 5a
 Quoting: Anonymous Coward 11747091


but why would you...
Better things I could think to do with 32bigillion dollars.
Like reconstruct the Titanic entirely made out of Jello.
Anonymous Coward
User ID: 15582870
United States
05/09/2012 11:27 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
cheese in every mousetrap
going to get them so involved they cant dump our paper money
 Quoting: Kirk



When I look at a mousetrap I see free cheese and a challenge
714

User ID: 12163191
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05/09/2012 11:28 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Fuck that.

I hereby renounce my US citizenship and declare myself a de-facto stateless refugee.
 Quoting: Anonymous Coward 15722293


now you're an illegal alien
Exalted is He from what they utter. Exalted is He from what they imagine. Exalted is He that exists without a place. Exalted is He that was there forever without a time or a beginning. Exalted is He that will be there forever without a time or an end. Exalted is He that will forever be praised. That is your God.
Anonymous Coward
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05/09/2012 11:29 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
If I had a dollar for every doom thread on GLP that the first the three words were So It Begins! I could start to buy US Banks 5a
 Quoting: Anonymous Coward 11747091


Doom threads grow here at 7 percent compounded growth per year
Anonymous Coward
User ID: 1542918
Canada
05/09/2012 11:33 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
[link to www.torontosun.com] close to home...
Anonymous Coward
User ID: 15558166
United States
05/09/2012 11:33 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
The approval marks the first time the Fed has allowed any large Chinese bank to purchase a U.S. bank, and it could boost merger and acquisition activity "as Chinese banks may look to acquire regional banks in order to establish a U.S. footprint,"

Well now..first china wont buy euro debt..BUT BUYS OUR BAILED OUT BANKS!
more....

[link to money.cnn.com]
 Quoting: Gonviral


this is not true. China has long owned some of our major banks. trying to thing of the main one now.
Anonymous Coward
User ID: 12691211
Canada
05/09/2012 11:34 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Chinese are freaking rich. You guys should study that country carefully to solve your economy issues. They buy up all the expensive houses in Canada hiking the the average price of homes so freaking high to amounts nobody can afford (expect Chinese). Went to the grocery store today and was looking for dictionaries. The only one I could find was a Chinese-English dictionary.Yes, Op, so it begins.
 Quoting: Anonymous Coward 12691211


interesting. i believe they are doing the same thing in my city. it is a very wealthy beach and tourism town, and many oceanfront homes are being bought by chinese and saudis.

Heres a story. i learned from a janitor of a nearby apartment complex that one chinese doctor owns 10 apartments. each one looks made for 20 people. huge dining tables, another will have a lot of couches, beds, etc.

basically the doctor takes in very high level wealthy PREGNANT chinese women (probably wives to officials and businessmen in china) and has them live there till the baby is born, and they go home, giving the child both US and chinese citizenship.

wont be long till one of those kids is president
 Quoting: Anonymous Coward 15396650


Yes, so many rich ones here. Half of the city is catered to them. Instant bank machines are in Chinese or English.

I have no idea how SO many of them are so wealthy? And I'm talking tons and tons of them, loaded with mega money.
lancer
User ID: 13135931
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05/09/2012 11:37 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
And So
Anonymous Coward
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05/09/2012 11:42 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
We're so fucked
Anonymous Coward
User ID: 15817234
United States
05/09/2012 11:43 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Fuck that.

I hereby renounce my US citizenship and declare myself a de-facto stateless refugee.
 Quoting: Anonymous Coward 15722293


now you're an illegal alien
 Quoting: 714


now he can have food stamps free medical and claim all the kids he wants for a big payout by irs........
MoonChildChazz

User ID: 15334938
United States
05/09/2012 11:55 PM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
INTERNMENT DOMAIN
placing private property in the custody of an officer of the law. The law of the clan taking back what belongs to America for the people by the people we are the law.

We shall not be infringed upon by a dictator domestic or foreign .
Chazz
Anonymous Coward
User ID: 5574867
United States
05/10/2012 12:14 AM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Fuck that.

I hereby renounce my US citizenship and declare myself a de-facto stateless refugee.
 Quoting: Anonymous Coward 15722293


They are building concentration camps for people like you. Probably see you there soon.
Anonymous Coward
User ID: 5574867
United States
05/10/2012 12:17 AM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Fuck that.

I hereby renounce my US citizenship and declare myself a de-facto stateless refugee.
 Quoting: Anonymous Coward 15722293


now you're an illegal alien
 Quoting: 714


The proper term, according to the Army Internment and Relocation Manual is displaced citizens. Due to the OPs extreme political views he will be segregated from the general population and forced to wear a gag around his mouth at all time while doing hard labor during the re-education process.

If and when he is released, he will be able to better contribute to society which will be viewed positive by the US government for holding him in the concentration camp in the first place.
Anonymous Coward
05/10/2012 12:21 AM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
Start taking notes...


Anonymous Coward
User ID: 15005894
United States
05/10/2012 12:23 AM
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Re: So It Begins! Federal Reserve gave three state-owned Chinese banks Permission To Buy U.S. Banks!
I can even spell Orwellian









militia





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