(CNSNews.com) - China has dropped 97 percent of its holdings in U.S. Treasury bills, decreasing its ownership of the short-term U.S. government securities from a peak of $210.4 billion in May 2009 to $5.69 billion in March 2011, the most recent month reported by the U.S. Treasury.

Why would China do that?    How about so that they will have the ready cash for a little "one-on-one dealmaking  with American governors at the National Governor's Association annual meeting in Salt Lake City, July 15-17.

Quislings to Collaborate with Communist Chinese
 

Propaganda Campaign coming your way

Kissinger discusses his book, "On China" May 30, 2011.   Click on Kissinger's picture for the video
http://www.charlierose.com/view/interview/11701

Kissinger Institute at the Wilson Center
http://www.wilsoncenter.org/index.cfm?fuseaction=topics.home&topic_id=514556

Talking Points for Traitors -  "Maximizing the Benefits of Chinese Foreign Direct Investment"
http://www.rhgroup.net/files/RosenHanemann_AnAmericanOpenDoor_2011.pdf