"“We have lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried.” "

Chinese premier Wen Jiabao 12th March 2009

""We have a financial system that is run by private shareholders, managed by private institutions, and we'd like to do our best to preserve that system."

Timothy Geithner US Secretary of the Treasury, previously President of the Federal Reserve Bank of New York.1/3/2009

Wednesday, September 07, 2005

NOLA, a solution ...a Modest Proposal

Signed on April 30, 1803, the Louisiana Purchase treaty included over 600 million acres at a cost of less than 3 cents an acre. For President Thomas Jefferson it was a diplomatic and political triumph. In one deal the purchase of Louisiana ended the threat of war with France and opened up the land west of the Mississippi to settlement.

There were two conventions, one for the payment of 60 million francs ($11,250,000) and the other for claims American citizens had made against France for 20 million francs ($3,750,000).15 Million very big ones.

The original documents related to the Louisiana Purchase are kept at the Library of Congress in Washington DC.

Of course, the deal went through quickly but Jefferson admitted that he had stretched his power "till it cracked" in order to buy Louisiana, the largest single land purchase in American history.

There were those who objected to the purchase on the grounds that the Constitution did not provide for purchasing territory. However, Jefferson ignored this criticism and temporarily cast aside his idealism and the Constitution to tell his supporters in Congress that "what is practicable must often control what is pure theory." The majority agreed. (Sounds like justifying the illegal invasion of Iraq all over again)

Surely some lawyer somewhere could make a case to hand Louisiana and it's stinking, foetid, diseased swamped city, back to the Cheese eating surrender monkeys, and leave them with the problems of New Orleans and the Gulf Coast. After all Jefferson only charged Livingston with buying a small plot on the lower Mississippi for $2 million, so that the Americans could build their own seaport.

When Jefferson sent Monroe to Paris offer $10 million for New Orleans and West Florida the perfidious French had already wined and dined Livingstone and he had agreed to buy the whole of Louisiana for $15 million.

So the Texan Terrorist writes off $15 MN and leaves the problem to someone else … sounds like a very good deal to me Dubya. ...see what your legal friend the Attorney General says, he can mis read historical documents pretty well..the Geneva Convention etc.,

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(C) Very Seriously Disorganised Criminals 2002/3/4/5/6/7/8/9 - copy anything you wish