Joe Biden is the presumptive Democratic nominee to face off against Donald Trump in the general election. Bernie Sanders, Elizabeth Warren, and many other so-called ‘progressives’ have endorsed him. Sanders has even gone so far as to call him a “decent man” — but Joe Biden is anything but.
University of California law professor John Yoo and American Enterprise Institute fellow Ivana Stradner proposed last week to “seize the assets of Chinese state-owned companies. Under its Belt and Road Initiative, Beijing reportedly has loaned billions to developing nations in Africa, Eastern Europe, and Latin America, and then taken over their strategic ports and facilities once the debts fall due. The US could turn this strategy on its head by supporting the expropriation of these assets by legal process and the cancellation of these debts as compensation for coronavirus losses.” And attorney Gunnar Gunderson proposed on a prominent conservative website to repudiate the US Treasury’s $1.1 trillion debt to China.
Such measures are acts of war (see page 285 of the Defense Department’s manual of rules of war). If the United States were to do such things, its credit would collapse on world markets, at a moment when the US Treasury deficit is approaching 20% of GDP. Foreigners own $9 trillion of US Treasury debt, and the result would be a global financial crash of unprecedented proportions.
The link in the article didn’t work, so here’s the manual:
The CDC facilities that assembled the kits violated sound manufacturing practices, resulting in contamination of one of the three test components used in the highly sensitive detection process, the scientists said.