I got from it you meaning just investing as in rentals, and took it as them living in China. They would still have to have a specific type of Number and I have a list of numbers at work on which ones would be entitled to the same rights. It also shows which ones are not entitled to benefits and rights in the US. Basically, it would still depend upon the type of VISA.

I really hate to burst every bodies bubble! But if congress, and the president wanted and I do mean really wanted to boost the economy, they would have taken the seven hundred billion and divided it up amoung all U. S. citizens. This is why: take seven hundred billion, divide it by approximate US population: 250 million, result App. 12,000 dollars each, that would be for every man, woman, and child of US citizenship.
Now how will this help the economy! What are they going to do with the money? Most families have some sort of debt, so with that given, they will probably pay at least some down. which goes to banks, they now have more cash on hand. Others are going to to go buy something, which creates demand, which in turn makes the factories make more. Others are going to invest directly into the stock market, which strenghtens the co.'s invested in. Others are going to put in the bank. And a small minority will put it under the proverbial mattress. So all in all we, the american people have just been screwed again by lawmakers looking after there friends in high places. Please, somebody show me where my economic beliefs on our so called stimulas plan are wrong! And I will apologize, but until then I do believe that the majority of the american people have gotten the shaft, again, and no lube!

LOL,
Are you a commie or what?
This is the most un-American thing Ive ever heard.
Why not just go to Arlington and **** on a few tombstones......

No, I'm not a commie.
If you read the page before, you'll notice I included a story from the LA TIMES that Chinese Citizens/Investors have been here scoping out and investing in foreclosed homes. You gonna' tell them they can't buy here? It's old news.
I guess Free Trade works both ways. We buy their cheap stuff and the wealthy Chinese spend it here on Lender-owned homes.
If a person can't make their payments ad they are lucky enough to sell and make a small profit, good for them both.
I bet, you spend more on supporting Communism, China / Taiwan, in a week than I do in a year. Got a family? Shop at Wal-Mart? You go pi$$ on veterans graves.

The United Nations Owns Yellowstone...

1972 Treaty Grants the United Nations Control Over American Historical Landmarks

If the Gov. gives the UN all of our National parks and other Historical Landmarks, what's the big deal of selling foreclosed homes to the Chinese?
What would you call me if I had suggested, sell to Canadians? They already hold Deeds to 10% of High Dollar foreclosures.

we have an alternative to learn Spanish, French, or Mandarin

many of our children are learning Mandarin

I know many schools only teach Spanish

I've not heard of your choices in my area. That sounds great.

I have been studying Mandarin for almost 2 years myself, so that contributed to the decision to my child at the time.

Also foreign countries have been buying businesses since the 80's. I don't know why this would be new news at all??

Many of the biggest businesses are foreign owned or co-owned already. One would just have to google it and you will be surprised what belongs to either China, Japan, Holland, Germany, or even England.

The one who can offer the biggest dollars or investments is always a positive prospect for the shareholders.

That was the first post!
You have some bad info.
The UN does not own our National Landmarks.
If you think they do, prove it!

Besides, you're promoting selling America off to China as a good idea...

1972 Treaty Grants the United Nations Control Over American Historical Landmarks

by Melissa Wiedbrauk



When our Founding Fathers sparked the American Revolution and signed the Declaration of Independence in 1776, they sought self-government for the American colonies and an escape from the dominance of England.

The Founding Fathers would be shocked to learn that some of their successors have given control of key American sovereign territory to other nations.

Through an international treaty, the United States is allowing the United Nations and its member countries access to and control of American soil - in particular, our historic buildings and treasured wilderness.

In 1972, our government signed the United Nations' World Heritage Treaty, a treaty that creates "World Heritage Sites" and Biosphere Reserves." Selected for their cultural, historical or natural significance, national governments are obligated to protect these landmarks under U.N. mandate.1 Since 1972, 68 percent of all U.S. national parks, monuments and preserves have been designated as World Heritage Sites.2

Twenty important symbols of national pride, along with 51 million acres of our wilderness, are World Heritage Sites or Biosphere Reserves now falling under the control of the U.N. This includes the Statue of Liberty, Thomas Jefferson's home at Monticello, the Washington Monument, the Brooklyn Bridge, Yellowstone National Park, Yosemite, the Florida Everglades and the Grand Canyon - to name just a few.

Most ironic of all is the listing of Philadelphia's Independence Hall. The birthplace of our Republic is now an official World Heritage Site. The very place where our Founding Fathers signed both the Declaration of Independence and the Constitution - the documents that set America apart from other nations and created the world's longest-standing democracy - is no longer fully under the control of our government and the American people.

Protection of our treasured places is a sound undertaking, but doing so by ceding control of our sovereign territory to a foreign power is wrong and threatens our rights and freedoms.

In 1995, Crown Butte Mines in the New World Mining District in Montana was forced to abandon a mine development project after the U.N. listed Yellowstone National Park as a "World Heritage Site in Danger."3 Crown Butte proposed to mine a medium-size underground operation on private property three miles from the boundary of Yellowstone. The project would have employed 280 people and generated $230 million in revenue.4

This mining project was not unique. The area had been mined for 150 years before Yellowstone National Park was established. Crown Butte had worked along with the U.S. Forest Service to ensure that all of the necessary precautions were being taken to ensure that the project would be environmentally responsible. Crown Butte had won an award for excellence in 1992 and was considered to be a "showcase operation."5

None of these factors mattered to the U.N.'s World Heritage Committee. Citing the project as a potential threat, the U.N. exerted its authority to force the abandonment of the project. It did not matter to the U.N. that this violated Crown Butte's exercise of its private property rights under the U.S. Constitution. Nor did the U.N. care that its action also went against U.S. federal law prohibiting the inclusion of non-federal property within a U.S. World Heritage Site without the consent of the property owner.6

Although it has not happened yet, under the World Heritage Treaty the U.N. has the legal right to someday restrict us, as American citizens, from visiting our national treasures.

Many environmentalists believe that the mere presence of humans disturbs the environment. As such, it is not farfetched to wonder when the politically-correct U.N. will ban the American public from Yellowstone, the Grand Canyon, Yosemite, the Florida Everglades and other precious natural wonders now visited annually by millions of tourists.

Ironically, banning generations of young people from visiting our natural wonders would undermine the public's appreciation for the spectacular gifts of nature, and undercut support for environmental protection.

Unfortunately, the World Heritage Treaty is just one of a series of government actions that is stripping away the gift of freedom we received from our Founding Fathers.

To stop this erosion of sovereign rights, federal legislation has been introduced to restore the rights of Americans against this threat to freedom. The American Land Sovereignty Protection Act seeks to preserve the sovereignty of the United States over public lands and preserve the private property rights of private citizens. It would require congressional oversight of U.N. land designations within the U.S.7

We should not turn our backs on the Founding Fathers by surrendering the precious gift of sovereignty. We should treasure and protect it.

Footnotes:

1 "World Heritage Sites and Biosphere Reserves Fact Sheet," United States House or Representatives Committee on Resources.
2 "American Land Should Be Controlled By Americans," press release, The National Center for Public Policy Research, Washington, D.C., February 24, 1999, available on the Internet at http://www.nationalcenter.org/PRLandSov299.html.
3 Kathleen Benedetto, National Wilderness Institute, testimony before the United States Senate Committee on Energy and Natural Resources, Washington, D.C., May 26, 1999.
4 Ibid.
5 Ibid.
6 Ibid.
7 "American Land Should Be Controlled By Americans."


# # #

Melissa Wiedbrauk is a research associate with The National Center for Public Policy Research, a Washington, D.C. think tank. Comments may be sent to mwiedbrauk@nationalcenter.org.

Here is the article you may have skipped over from the LA TIMES.
Sunday, December 07, 2008
Chinese tours groups go house-hunting in U.S.

The cash-rich visitors are looking for bargains in the plunging market. The trips are part of a broader trend of individuals and businesses in China seeking greater investment opportunities abroad.

By David Pierson and Don Lee
December 07, 2008 in print edition A-1

Caravans of cash-rich Chinese in Hummers and Lincoln Navigators have been weaving through American neighborhoods in recent months, looking for foreclosures and other bargain properties to buy.

With housing prices crashing in the U.S., home-buying trips to America are becoming one of the more popular tour group packages in China. New U.S. visa rules for Chinese tourists and a loosening of foreign investment policies by China have made it easier for people like Zhao Hongjun of Beijing to go house hunting across the Pacific.

The 48-year-old owner of a media company went on a two-week road trip through the U.S. last fall, visiting scenic sites and checking out properties from Los Angeles to New York. He’s been following the swoon in prices ever since, and next month he’s considering joining another prospecting group that is heading for San Francisco, Los Angeles and Las Vegas, three of the hardest-hit housing markets in the U.S.

Zhao’s budget: $1 million.

“L.A. is not bad; a lot of Chinese live there,” he said, noting that he was interested in both apartments and houses.

The tours are a new twist on an old phenomenon.

Overseas Chinese have been buying Southern California properties for years. What’s different now is that they are starting to do it in large groups and quite openly.

“Before, it was kind of private, a quiet thing among friends,” said Jamie Lee, a Chinese American who runs the Los Angeles Convention and Visitors Bureau office in Beijing. “Now it’s full-blown… . It’s huge. Some of these groups “are talking about going every two weeks.”

Chinese home-buying missions in the U.S. are part of a broader trend of individuals and businesses in China seeking greater investment opportunities abroad. This week government and business officials from China’s southern Guangdong province will arrive in Los Angeles to create a regional chamber office.

Certainly, a wave of Chinese bottom fishers won’t end the housing woes in Southern California, where by some measures the median price has sunk more than 40% since the spring and summer of 2007.

But it could help rev up sales in some places, including the UC Riverside area and the San Gabriel Valley, home to large Chinese American communities and mentioned by some potential buyers as places of interest.

Ling Chow, president of the San Gabriel-based Chinese American Real Estate Professionals Assn., says brokers and agents welcome the mainland tours – anything to shake the doldrums of the market crash.

But Chow, who mostly serves mainland Chinese buyers, is more skeptical about any new wave of Chinese home buyers making a significant imprint. Unless they’re willing to spend more than $400,000, they’ll probably be disappointed in the available homes. Chinese are culturally inclined to buy new homes and prefer high-achieving school districts, demands that drive up prices.

Chow said Chinese buyers’ affinity for paying in cash will benefit them during the credit crunch. Many of her mainland clients have paid with cash, often for mansions and condos in Arcadia, where they can begin the immigration process or leave their college-age children to live alone.

The Chinese do have a lot of cash to spend. The central government holds the biggest stockpile of foreign reserves in the world, nearly $2 trillion, most of it in dollars. And the Boston Consulting Group estimates that there were more than 391,000 millionaire households in mainland China last year, up from 310,000 reported the previous year.

Still, Beijing has been cautious about outward investment, given the uncertainties of the financial crisis and heavy losses that its sovereign wealth fund has sustained buying stakes in American financial institutions such as investment bank Morgan Stanley. In addition, China’s economic growth has slowed sharply in recent months as the nation’s exporters have been hurt by slumping U.S. demand, and China’s own real estate market has been sluggish.

But home prices in the U.S. have fallen more sharply than in China, and many Chinese consider the American market highly alluring as a place to invest and live because of the United States’ developed economy.

The purchasing tours in the U.S. grew out of similar trips by well-heeled Chinese back home.

Investors from Wenzhou and other entrepreneurial hot spots were known for chartering buses to visit such cities as Shanghai to shop for apartments. Now some of them are signing up with outfits like Soufun.com, the real estate website that is sponsoring the home-buying trip next month from Beijing to California and Nevada.

Liu Jian, chief operating officer at Soufun Holdings, said his group’s tour would focus on homes priced between $200,000 and $300,000, just at or below the median for Southern California. More than 300 people have registered for the trip, which could last 10 days and cost each person about $2,200, excluding airfare.

“Many of them want to buy because they have actual needs to live there or for their children,” Liu said. “They will hold the property for quite a long period.”

James Chou of Coldwell Banker George Realty in Alhambra said he was preparing for several groups from China early next year, totaling up to 200 people. His firm will provide hotels and tour buses.

Chou said the potential investors were keen to see foreclosed homes, but he warned that it would be difficult to educate them about the home-buying process in such a short time. He said they had little understanding of single-family houses, coming from a country where most people live in urban apartments.

“I don’t think they know much about he market here,” Chou said.

Lee, of the L.A. Convention and Visitors Bureau, has mixed feelings about these gou fang tuan, Chinese for home-buying groups. On one hand, she says, they will be staying and eating and shopping in Los Angeles, pumping dollars into the local economy.

On the other hand, Lee has been working hard in China to publicize the biggest attractions of Los Angeles: its great weather, beaches, Hollywood and theme parks.

“I’m promoting tourism to L.A., but not to go to buy cheap houses,” she said. “Are we that desperate?”

Mei Xinyu is ambivalent for a different reason. As a researcher for China’s Ministry of Commerce, Mei doesn’t want to see a rush of Chinese buying homes in the U.S. and getting burned.

“The housing price right now in the U.S. is fairly low already, but it’s hard to say how long it will remain in the valley,” he said.

Chinese investors, Mei added, should be careful to study the markets before plunging into them. In some places, they could face a backlash, just as there was when the Japanese went on a shopping spree in the U.S. during the 1980s. What’s more, he warned, some American cities may not bounce back at all.

“China is still in the process of urbanization. It’s unlikely to turn into ghost towns,” he said. “But the U.S. is different.”

Yuan Lixin says his group’s tour to the U.S. is meant to address precisely that concern – to give Chinese visitors a deeper understanding of the real life of America over 14 days, before they buy into the real estate there.

“What we sell is the culture, American culture,” said Yuan, a planning department official at Beijing Youth, a newspaper enterprise that has organized group tours to the U.S. since late 2006.

The tours didn’t start out as home-buying trips, but while driving across the continent in luxurious SUVs, people couldn’t help but take notice of “For Sale” signs outside houses, including those that appeared to be empty, Yuan said.

“In many cases, members would stop the car and actively ask about the house situation,” he said.

“Now because of the financial crisis, ordinary people in China also are starting to make large purchases in the U.S.,” Yuan said. “In the past, people who traveled to the U.S. might carry back a large luggage with American goods. It’s just that this time, what they bring back are [papers showing] hundreds of thousands of dollars of a house.”

Lee and Pierson are Times staff writers.

don.lee@latimes.com

david.pierson@latimes.com

Cao Jun in The Times’ Shanghai bureau contributed to this report.

I sure hope you're not serious.

One of the biggest problems in the us is the loss of manufacturing jobs...to China, Taiwan, India, Mexico. China sends us zoom zooms and wam wams and we ship them high grade industrial materials, technology and let them build everything for us. The GOVERNMENT of China is the worlds largest counterfeiter of US Currency, CD/DVDs, and they want us to be owned by them. It's getting there quickly.

My idea to stimulate the economy is to quit being kindergartners and clamp down on shipping our raw materials out of the country and importing everything that is manufactured everywhere else. Stop illegal immigration by protecting our wallas and making them pay tazes like everyone else if they are allowed to work here.

Young people don't remember that China IS our enemy and they have a long-term plan. Our government apparently does not. We can't be only consumers without selling anything ourselves.

Up into the early 60s, the US was the largest importer or raw materials and the largest exporter of manufactured goods. And we were at the best our economy has ever been. The loss of jobs and the concentration of money at the top few % is our problem and has been.

Barak Obama should have cut the corporate tax rate, one of the highest in the world...and given incentives to American companies to manufacture here. And put tariffs on imported finished goods. It doesnt help us that we give out mutil hundred billion dollar, no-bid contracts to KBR (**** Cheneys company that he JUST got the benefit of 500,000 share options given to him before Bush was elected) for over-priced services. When KBR was FINALLY challenged on their doing business with terrorist conntry in violation of US law, they moved the company headquarters to Bahrain..and pay NO taxes now.

Revolution is my only solution actually.

wow

that was really long

Wiley,
You need to stay off those Ron Paul conspiracy web-sites!

I said show me some proof, not an article written by two times reporters and distributed on some crazy web-site to rile the uninformed into a frenzy!

Google this wiley!

United Nations' World Heritage Treaty

Housing prices more than tripled because of DEMAND, not value, when Bill Clinton drove through the Community Credit Act...which basically insisted that banks drop their loan standards and give loans to anyone...if they could afford them or not. Or if theye even HAD A JOB. He sure made a hit with black America though. Banks and builders/real estate companies loved that. They can't lose. Charge 300,000 for a house that just yesterday was 60K. Large note...if it cant get paid..the bank gets the money and the house.
Apparently these geniuses didnt consider that the price was artificial and people who COULD pay that much...were too smart to. Mostly. And that it HAD to bottom out.

With Bush basically giving SEC a holiday and letting major credit lenders trade these worthless mortgages at face value, that drve the stake into that market. We are NOT going to get out of this without a major depression. I dont think we should bail out people just because they REALLY REALLY wanted the American dream. Owning a home. Everyone does, but never in out history has everyone been ABLE TO AFFORD IT. I also dont think that we should bail out the banks that were involved in this stupid activity just because they thought the high would last longer than it did.

We're going to have to hit bottom to get homes valued at the corect rate and therefore bring down the price of materials to build new ones. Its going to hurt but we should have let if fall and not bailed out anyone for irresponsible bahavior at a cost of a few trillion that our kids and grandkids are going to have to pay.

Thats a much better idea but it still puts that debt on the backs of our kids. Why not instead just let people get foreclosed on and let the bank take the losses y selling the mortgages among themselves at their true value. Like , what they were before Clinton. They made the trilions on it knowing it was vapor, the banks should take the loss, not the whole US.

I think we should have done absolutely nothing and let it work itself out

we're in this mess cause the govt was screwing with the economy in the first place

the govt ALWAYS screws up anything it tries to tinker with

Do Nothing?

Come on. Could you stand being unemployed for 10 years? See your children and grandchildren living in your home because they cant afford to live anywhere else, and you cant make your mortgage payments without their help.
Even if you could see this or you are lucky enough to have the foresight of stashing enough money in your mattress (banks would collapse) to survive it.
Could you put up with the increase in crime, extended soup lines, and your neighbors cutting down the trees in your yard for heat?
Could you stomach the looks on the faces of their children when they havent had anything to eat for a few days each week?

Maybe you could.
Maybe you are that prepared and that callous!
I dont know. But I do know that doing nothing is about the most irresponsible thing we could do!

Oh, and it was Phil Gramm who wrote the bill deregulating the home loans.
Remember him?
He's the one who said to quit whining its just a mental recession.

I know a surefire solution

use the same technique that got us out of the Great Depression

WORLD WAR!!!

The mental recession. It always makes me laugh.