U.S. Treasury agreed in 2011 to give China direct access to its auctions

[Guest Made in America Ornament]

In an unprecedented agreement that was not released to the general public the U.S. Treasury agreed in 2011 to give China direct access to its auctions. At the same time our Federal Reserve is releasing money like this is a game of Monopoly. Spread the word to everyone you know.

 

 

China can now participate in auctions without placing bids through primary dealers. If it wants to sell, however, it still has to go through the market.

 

The change was not announced publicly or in any message to primary dealers.

 

"Direct bidding is open to a wide range of investors, but as a matter of general policy we do not comment on individual bidders," said Matt Anderson, a Treasury Department spokesman.

 

While there is been no prohibition on foreign government entities bidding directly, the Treasury's accommodation of China is unique.

 

The Treasury's sales of U.S. debt to China have become part of a politically charged public debate about China's role as the largest exporter to the United States and also the country's largest creditor.

 

The privilege may help China obtain U.S. debt for a better price by keeping Wall Street's knowledge of its orders to a minimum.

 

http://www.reuters.com/article/2012/05/21/us-usa-treasuries-china-idUSBRE84K11720120521

 

Thank you government for not sharing this with American Citizens who also foot the bill for running this country. I guess it comes to whether the American People are as important as China to this country.

[Luke_Wilbur]

 

China has a direct link to U.S. Treasury computers. This is the same country that hacked into our Federal, Military, State, and corporate computer network systems. We are now in an cyber war with China.

 

It is interesting to listen what the Russian's are saying about the cyber espionage.

 

 

China's official news agency Xinhua reported that the People’s Liberation Army, or PLA, will start running digital war games this month to test its technology and cyberwarfare capabilities for the first time,

 

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http://news.xinhuanet.com/english/china/2013-05/29/c_132415053.htm

 

BEIJING, May 28 (Xinhua) -- The People's Liberation Army (PLA) will conduct an exercise next month to test new types of combat forces including units using digital technology amid efforts to adjust to informationalized war, it announced on Tuesday.

 

It will be the first time a PLA exercise has focused on combat forces including digitalized units, special operations forces, army aviation and electronic counter forces, according to the general staff department.

 

The drill will be carried out in late June at the Zhurihe training base in north China's Inner Mongolia Autonomous Region, the country's largest military training field.

Forces from the 38th and 68th combined corps of the Beijing Military Area Command as well eight military academies will participate, according to the department.