Here Come the Chineese

Another major American financial institution went on the international auction block Wednesday afternoon as Morgan Stanley announced it was accepting a $5 billion cash infusion from China Investment in return for a stake in the bank estimated to be as high as 9.9 percent. The Chinese company will be a passive investor and will not have a seat on its board or a role in management.

Morgan, one of the nation's largest investment banks had earlier in the day reported a huge fourth-quarter loss tied to an unexpectedly large $9.4 billion write-down in mortgages and other assets. This was nearly twice the $5 billion loss that analysts and market-watchers were expected as the bank went on the offensive to write down its exposure to losses from derivatives and mortgage securities.

We already know that the Chinese control our long term interest rates. We already know if the Chinese sold all the long term bonds they own, our 30 year rates will
double overnight. Now the Chinese are buying into our banking systems.
Let me get this straight, the Chinese, who have terrorist cells hiding within
there borders. Who can send us into a great depression any given day are now able
to leverage our own banks and possibly position themselves into our own system and use it against us.