Kinkikali

China Cash-out

2011, the Hiroshima Hilton.  Obama, Clinton, Boenher, and retired Judd Gregg sit mournfully at the table. Oriental decor abounds.  The group has just returned from the Gulf where the oil states has just painfully extracted from the US delegation precious monies as part of payment on demand loans America so breezly accumulated.  The process was bitter, painful, and yet some what muted by towel headed dsicretion.

But not now.  This event was clear and transparent. On the wall was a giant map of the Pacific.  The Chinese marched in.

China announced it wanted to collect, all, everything. Protests erupted. China rolled out a simple “compromise”.  China will not ask for more than 50% of the total loans.  And China will “forgive” the rest of the debt FOR…

And then they rolled out some names  Midway, Outer Hawaiian Islands, Palmyra Island, Howland Island, Wake Island…most of America’s Pacific territories (and their zones of control) AND most of the Aleutian Islands–also to be transferred in perpetuity to the People’s Republic—OR the transference of 95% of the US Fleet including all but small coastal vessels and rescue and research vessels.  It was a tough no-win call.  Loss of US territory was bad, but in the Aleutians!.

So we signed.  Our debt and debt services burden lowered.  But overnight the Chinese were all over the Pacific.  And the Chinese ruled the waves.  Anti-Chinese sentiment rose to rabid heights.