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Tuesday, April 1, 2014

The Chinese Are Acquiring Large Chunks Of Land In Communities All Over America


 

Has the United States ever experienced a time when a foreign nation has attempted to buy up so much of our land all at once? As you will read about in this article, the Chinese are on a real estate buying spree all over America. In fact, in some cases large chunks of land are actually being given to them. Yes, you read that correctly. China is on the way to becoming the dominant land owner in the entire country, and that is starting to alarm a lot of people. Do we really want a foreign superpower to physically own so much of our territory?

There are some that are playing down this threat by making a distinction between the Chinese government and Chinese corporations, but things work differently over in China than they do here. In China, the government is involved in everything. In fact, 43 percent of all corporate profits in China are produced by companies that the Chinese government controls. And all of the rest of the companies are very careful to follow the lead and direction of the Chinese government.

That is why what is going on in places such as Thomasville, Alabama is so alarming. Small communities such as Thomasville are so starved for jobs that they are willing to give land away for free to Chinese companies in order to entice them to build factories…


Gov. Robert Bentley said Friday that he will announce an economic development project in Thomasville, Ala., Monday morning.

That project is likely a copper tube plant to be built by Golden Dragon Precise Copper Tube Group. A legal notice published Thursday indicates that the city of Thomasville and others intend to give land and other incentives to GD Copper USA, which state corporation records identify as a Florida-based subsidiary of Golden Dragon.

And in this particular case, we are not just talking about a small plot of land. We are talking about a 40 acre chunk of land worth 1.5 million dollars…


The legal notice indicated the city plans to give Golden Dragon a 40-acre site. Thomasville Mayor Sheldon Day has said that land is in a city industrial park south of Thomasville High School. It includes a $1.5 million, 50,000-square-foot building that the city constructed in 2009 to attract businesses.

But in most cases, the Chinese actually have to spend money to acquire our real estate. And they are starting to make some really high profile acquisitionsin some of our most expensive cities…


China Vanke and Tishman Speyer signed a deal for a $620 million luxury condo project in San Francisco this winter. In April, another deal for a cool $1.5 billion was inked in Oakland between Zarsion and Signature Development Group.

In June, several big deals in New York City went down. Zhang Xin, CEO of Soho China , joined forces with the wealthy Safra family (of Banco Safra fame) of Brazil to buy a stake in the General Motors Building in Midtown, The New York Times reported on June 25. Dalian Wanda Group, another Chinese developer, is planning to build a greenfield luxury hotel in Manhattan.

In other cases, the Chinese are gaining control over vast tracts of U.S. territory by buying up our large corporations.

For example, when the Chinese purchased Smithfield Foods, they suddenly owned 460 large farms and became the top employer in dozens of communities all over the United States…


Smithfield Foods is the largest pork producer and processor in the world. It has facilities in 26 U.S. states and it employs tens of thousands of Americans. It directly owns 460 farms and has contracts with approximately 2,100 others. But now a Chinese company has bought it for $4.7 billion, and that means that the Chinese will now be the most important employer in dozens of rural communities all over America.

And the Chinese seem to have a particular interest in economically-depressed areas of the country. Perhaps they feel that now is the time to gobble up companies and properties in such areas for bargain-basement prices. For instance, the following is from a CNBC article that detailed how the Chinese are aggressively “putting down roots in Detroit”…


Dozens of companies from China are putting down roots in Detroit, part of the country’s steady push into the American auto industry.

Chinese-owned companies are investing in American businesses and new vehicle technology, selling everything from seat belts to shock absorbers in retail stores, and hiring experienced engineers and designers in an effort to soak up the talent and expertise of domestic automakers and their suppliers.

Speaking of Michigan, one company known as “Sino-Michigan Properties LLC” actually had plans to buy up 200 acres of land near the town of Milan, Michigan. The goal was to build an entire “China City” with artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens.

But that is nothing compared to the “China City” that was being planned for New York state. The following is a short excerpt from one of my previous articles


The Chinese have made trillions of dollars flooding our shores with super cheap products, and now they are using some of that money to buy land and property all over America. For example, there is now a proposal to construct a multibillion dollar “China City” that would span approximately 600 acres in a remote area of New York state. This “China City” (that is actually what it would be called) would be located on Yankee Lake in Sullivan County, New York. The plans anticipate large numbers of Chinese businesses, plenty of homes for Chinese immigrants, a Chinese high school, a college, a casino and even a theme park. And the first 600 acres is only for “phase one” of the plan. Ultimately, the goal is for “China City” to cover more than 2,000 acres. Those promoting this plan say that it will be a great way for New Yorkers to learn to appreciate Chinese culture.

But of much greater concern is the huge wave of real estate purchases that are quietly happening all around us every single day.

The following is from a recent CNBC article entitled “Chinese buying up California housing“…


At a brand new housing development in Irvine, Calif., some of America’s largest home builders are back at work after a crippling housing crash. Lennar, Pulte, K Hovnanian, Ryland to name a few. It’s a rebirth for U.S. construction, but the customers are largely Chinese.

“They see the market here still has room for appreciation,” said Irvine-area real estate agent Kinney Yong, of RE/MAX Premier Realty. “What’s driving them over here is that they have this cash, and they want to park it somewhere or invest somewhere.”

So what happens when we get to the point when the Chinese government and/or Chinese citizens own 10 percent of all the real estate in the entire country?

Will it be a problem then?

What about if we get to 20 percent or 30 percent?

At what point will we be forced to admit that we have a major problem on our hands?

Many of our leaders seem resigned to the fact that the future will be dominated by communist China.

For example, the President of the St. Louis Federal Reserve recently stated that “attitudes in the U.S. are going to have to change” because America “will not permanently be the global leader”


That’s according to Federal Reserve Board of St. Louis President James Bullard, who spoke to the Wall Street Journal on the sidelines of a conference during a recent visit to Hong Kong.

“Attitudes in the U.S. are going to have to change, because the U.S. will not permanently be the global leader,” Mr. Bullard said.

In fact, Bullard insists that it is inevitable that the U.S. will end up playing second fiddle to communist China…


In that case, “the U.S. would be playing a role to China similar to the role the U.K. plays to the U.S. today,” Mr. Bullard said. “People think it’s 50-75 years away but it’s probably only 25 or 20 years away, something like that.”

And this is one of the guys that is running the U.S. economy?

There is more than one way to dominate your enemy, and the Chinese understand this.

Sadly, most Americans have absolutely no idea what is happening.

What about you?

What do you think about all this?
Credit to endoftheamericandream.com

Animals Fleeing From Yellowstone Supervolcano?

EU Official: EU Should Avoid Economic Sanctions Against Russia



The European Union should refrain from introducing broad economic sanctions against Russia if the situation around Ukraine does not deteriorate, European Commission Vice President Olli Rehn said Tuesday.

"No sensible European would want to see economic sanctions or any other escalation to the crisis. And in case Russia will not escalate the crisis, then we shall be able to avoid these sanctions," Rehn said.

After Crimea held a referendum on March 16 in which over 96 percent of voters supported seceding from Ukraine and rejoining Russia, the US and EU imposed targeted sanctions against a number of senior Russian officials.

The West has repeatedly warned Russia of economic pressure and international isolation if tensions over Ukraine continue to escalate.

Many European countries are reluctant to push for further sanctions, partly because they depend heavily on natural gas deliveries from Russia.

German Chancellor Angela Merkel, who was asked last week whether Germans were prepared to accept the potential pain of possible economic sanctions against Russia, said she hoped the threat of economic restrictions would be enough to prevent a further escalation of tensions.

Russia's Foreign Ministry said last month that talking to Russia in the language of sanctions is "inappropriate and counterproductive" and warned its Western partners about the "boomerang effect" that sanctions would have on the West.

Credit to RIA Novosti

Albuquerque Police Tear Gas Protestors

Terrorists Attempt to Place Explosive Device on Israel's Northern Border

Parents in Britain to be jailed for not loving children?




For the first time in history, the UK is planning to introduce the so-called “Cinderella law”, which will jail parents failing to show love to children for up to 10 years in prison, putting it alongside physical or sexual abuse, local media reported.

The UK government is planning to introduce changes to child neglect laws, which will make “emotional cruelty” a crime for the first time, according to Daily Telegraph report. The law will protect children’s emotional, social and behavioral well-being.

The offence will include deliberately ignoring a child, not showing them any love over prolonged periods, forcing degrading punishments or to witness domestic violence, and making them a scapegoat.

The maximum sentence that parents neglecting children could face under the law will be 10 years.

The changes are due to be introduced in Parliament within the framework of the Queen’s Speech in early June.

A Ministry of Justice spokesman came close to confirming the report to the Daily Telegraph.

“The Government believes protecting children from harm is fundamental and that child cruelty is an abhorrent crime which should be punished,” he said. “Every child should be able to grow up in a safe environment. We are considering ways the law can support this.”

This follows a 3-year campaign by the charity, Action for Children, which hails the government’s support as a “monumental step” forward.

The law on child cruelty in Britain has remained unchanged for nearly 81 years, the charity stated. It is still based on the 1868 Poor Law (Amendment) Act.

If adopted it will update the current laws in England and Wales, which state that adults responsible for a child can be prosecuted if they have deliberately assaulted, abandoned or exposed a child to suffering, or injury to their health.

The changes have been “long overdue”, said Robert Buckland, a Conservative MP and part-time judge, campaigning on the issue.

“Not too many years after the Brothers Grimm popularized the story of Cinderella, the offence of child neglect was introduced,” he noted, writing in the Daily Telegraph.

“Our criminal law has never reflected the full range of emotional suffering experienced by children who are abused by their parents or carers. The sad truth is that, until now, the wicked stepmother would have got away scot-free.

“We need a clear, concise and workable definition of child maltreatment — an alternative code that reflects the range of harm done to children and which provides appropriate legal mechanisms to tackle some of the worst cases.

“Emotional neglect must be outlawed, the term 'willful’ should be replaced and the criminal law should be brought into line with its civil counterpart.”

In Britain, as many as 1.5 million children are believed to suffer from neglect, according to local media. Intervention by social workers is allowed when abuse is classed as emotional neglect. However, the new law will allow police to intervene in cases of physical or sexual abuse.

“Much is still to be done and we have not seen the details yet,” said the charity in a statement on it’s website.

“When we do we must, of course, make sure that the new law does not criminalize vulnerable parents, but today I think we should celebrate a huge legal and cultural step forward.”

Credit to RT

Second Chinese Bond Company Defaults, First High Yield Bond Issuer

In the middle of 2012, to much yield chasing fanfare, China launched a private-placement market for high-yield bonds focusing on China's small and medium companies, that in a liquidity glutted world promptly found a bevy of willing buyers, mostly using other people's money. Less than two years later, the first of many pipers has come demanding payment, when overnight Xuzhou Zhongsen Tonghao New Board Co., a privately held Chinese building materials company, failed to pay interest on high-yield bonds, according to the 21st Century Business Herald.
The company located in the eastern province of Jiangsu, missed the 10 percent coupon payment due March 28 on the notes, which it sold 180 million yuan ($29 million) of last year in a private placement.
As predicted, once Chaori Solar opened the gates for China's default superhighway two months ago, and the realization that China will no longer bail out any and everyone, the default deluge has begun.
“In general, what we will see is a gradual unwinding of implicit government guarantee for a lot of credit products in China,” said James Zhao, chief investment officer in Beijing at the international department of CCB Principal Asset Management Co. “There will continue to be a mixture of bond defaults and too-big-to-fail, or too-entangled, cases. It’s now up to the market to find the pattern and investors will now have to figure out who is creditworthy and who is more likely to fail."

Sino-Capital Guaranty Trust, the guarantor for the Zhongsen Tonghao security, refused to pay on behalf of the company, according to the Guangzhou-based financial newspaper.

A woman who answered the phone at Zhongsen Tonghao and wouldn’t give her name said the company couldn’t immediately comment on the matter. Two calls to Sino-Capital Guaranty Trust went unanswered.

Reluctance to bail out companies that can’t repay debt signals “regulators’ higher tolerance for corporate bond defaults amid financial market reforms, which is in line with the current central administration’s shift to adopt more market-oriented policies,” Moody’s Investors Service said in a report on March 7.

The number of Chinese companies whose debt is double their equity has surged since the global financial crisis, suggesting more defaults may come. Publicly traded non-financial corporates with debt-to-equity ratios exceeding 200 percent have jumped 57 percent since 2007. Chaori Solar may become China’s own “Bear Stearns moment,” prompting investors to reassess credit risks as they did after the U.S. securities firm was rescued in 2008, according to Bank of America Corp.

“SME private bonds are now facing relatively high risk,” said Pengyang’s Yang. “We expect more defaults to come in this area, especially those private enterprises without guarantees.”
We have written extensively about the imminent funding and liquidity threats facing China's real estate developers following the collapse two weeks ago of another closely held company based in neighboring Zhejiang province, property developer Zhejiang Xingrun Real Estate Co. This in turn has sent shockwaves throughout the Chinese housing market, and especially the offshore cash parking version, where recently we have witnessed the start of a mass liquidation wave in Chinese offshore property haven, Hong Kong. However, it now appears that the funding danger is becoming more pervasive than even we expected, and as a result a major adverse risk and rate repricing is imminent.
And while this default came out of the blue, the one we are waiting for is that of the Magic Property which we profiled before:
31 Mar 2014, Rmb196mn borrowed by Magic Property & arranged by CITIC Trust
  • Details: invested in an office building in Chongqing. The Chongqing developer ran into financial problems in mid-2013. CITIC Trust tried to auction the collateral but failed to do so because the developer has sold the collateral and also mortgaged it to a few other lenders.
  • Potential outcome: The developer and the trust company may share the repayment.
  • Reasons: 1) When CITIC Trust sold the product, it did not specify the underlying investment project. 2) The local government has intervened, fearing social unrest. A local buyer of a unit in the office building committed suicide as he/she could not obtain the title to the property due to the title dispute between the trust and the developer.
We can't wait to see the look on Chinese investors" faces when they too learn the termre-re-re-re-rehypothecation.

Credit to Zero Hedge

‘Electronic skin' equipped with memory



Researchers have created a wearable device that is as thin as a temporary tattoo and can store and transmit data about a person’s movements, receive diagnostic information and release drugs into skin.

Similar efforts to develop ‘electronic skin’ abound, but the device is the first that can store information and also deliver medicine — combining patient treatment and monitoring. Its creators, who report their findings today in Nature Nanotechnology1, say that the technology could one day aid patients with movement disorders such as Parkinson’s disease or epilepsy.

The researchers constructed the device by layering a package of stretchable nanomaterials — sensors that detect temperature and motion, resistive RAM for data storage, microheaters and drugs — onto a material that mimics the softness and flexibility of the skin. The result was a sticky patch containing a device roughly 4 centimetres long, 2 cm wide and 0.3 millimetres thick, says study co-author Nanshu Lu, a mechanical engineer at the University of Texas in Austin.

“The novelty is really in the integration of the memory device,” says St├ęphanie Lacour, an engineer at the Swiss Federal Institute of Technology in Lausanne, who was not involved in the work. No other device can store data locally, she adds.

The trade-off for that memory milestone is that the device works only if it is connected to a power supply and data transmitter, both of which need to be made similarly compact and flexible before the prototype can be used routinely in patients. Although some commercially available components, such as lithium batteries and radio-frequency identification tags, can do this work, they are too rigid for the soft-as-skin brand of electronic device, Lu says.

Even if softer components were available, data transmitted wirelessly would need to be converted into a readable digital format, and the signal might need to be amplified. “It’s a pretty complicated system to integrate onto a piece of tattoo material,” she says. “It’s still pretty far away.”

Credit to Nature

Why Did BRICS Back Russia On Crimea?




There’s been no shortage of reports and commentaries on the crisis in Ukraine and Crimea, and Russia’s role in it. Yet one of the more notable recent developments in the crisis has received surprisingly little attention.
Namely, the BRICS grouping (Brazil, Russia, India, China, and South Africa) has unanimously and, in many ways, forcefully backed Russia’s position on CrimeaThe Diplomat has reported on China’s cautious and India’s more enthusiastic backing of Russia before. However, the BRICS grouping as a whole has also stood by the Kremlin.
Indeed, they made this quite clear during a BRICS foreign minister meeting that took place on the sidelines of the Nuclear Security Summit in The Hague last week. Just prior to the meeting, Australian Foreign Minister Julie Bishop suggested that Australia might ban Russia’s participation in the G20 summit it will be hosting later this year as a means of pressuring Vladimir Putin on Ukraine.
The BRICS foreign ministers warned Australia against this course of action in the statement they released following their meeting last week. “The Ministers noted with concern the recent media statement on the forthcoming G20 Summit to be held in Brisbane in November 2014,” the statement said. “The custodianship of the G20 belongs to all Member States equally and no one Member State can unilaterally determine its nature and character.”
The statement went on to say, “The escalation of hostile language, sanctions and counter-sanctions, and force does not contribute to a sustainable and peaceful solution, according to international law, including the principles and purposes of the United Nations Charter.” As Oliver Stuenkel at Post Western World noted, the statement as a whole, and in particular the G20 aspect of it, was a “clear sign that [the] West will not succeed in bringing the entire international community into line in its attempt to isolate Russia.”
This was further reinforced later in the week when China, Brazil, India and South Africa (along with 54 other nations) all abstained from the UN General Assembly resolution criticizing the Crimea referendum. Another ten states joined Russia in voting against the non-binding resolution.
In some ways, the other BRICS countries’ support for Russia is entirely predictable. The group has always been somewhat constrained by the animosities that exist between certain members, as well as the general lack of shared purpose among such different and geographically dispersed nations. BRICS has often tried to overcome these internal challenges by unifying behind an anti-Western or at least post-Western position. In that sense, it’s no surprise that the group opposed Western attempts to isolate one of its own members.
At the same time, this anti-Western stance has usually taken the form of BRICS opposition to Western attempts to place new limits on sovereignty. Since many of its members are former Western colonies or quasi-colonies, the BRICS are highly suspicious of Western claims that sovereignty can be trumped by so-called universal principles of the humanitarian and anti-proliferation variety. Thus, they have been highly critical of NATO’s decision to serve as the air wing of the anti-Qaddafi opposition that overthrew the Libyan government in 2011, as well as what they perceive as attempts by the West to now overthrow Bashar al-Assad in Syria.
However, in the case of Ukraine, it was Russia that was violating the sanctity of another state’s sovereignty. Still, the BRICS grouping has backed Russia. It’s worth noting that the BRICS countries are supporting Russia at potentially great cost to themselves, given that they all face at least one potential secessionist movement within their own territories.
India, for example, has a long history of fluid borders and today struggles with potential secessionist movements from Muslim populations as well as a potent security threat from the Maoist insurgency. China suffers most notably from Tibetans and Uyghurs aspiring to break away from the Han-dominated Chinese state. Even among Han China, however, regional divisions have long challenged central control in the vast country. Calls for secession from the Cape region in South Africa have grown in recent years, and Brazil has long faced a secessionist movement in its southern sub-region, which is dominated demographically by European immigrants. Russia, of course, faces a host of internal secessionist groups that may someday lead Moscow to regret its annexation of Crimea.
The fact that BRICS supported Russia despite these concerns suggests that its anti-Western leanings may be more strongly held than most previously believed. Indeed, besides backing Russia in the foreign ministers’ statement, the rising powers also took time to harshly criticize the U.S. (not by name) for the cyber surveillance programs that were revealed by Edward Snowden.
The BRICS and other non-Western powers’ support for Russia also suggests that forging anything like an international order will be extremely difficult, given the lack of shared principles to act as a foundation. Although the West generally celebrated the fact that the UN General Assembly approved the resolution condemning the Crimea referendum, the fact that 69 countries either abstained or voted against it should be a wake-up call. It increasingly appears that the Western dominated post-Cold War era is over. But as of yet, no new order exists to replace it.
Credit to Zero Hedge

N. Korea fires on South during North's military drills... South responds



North and South Korean artillery batteries exchanged hundreds of shells across their western sea border Monday, a day after North Korea warned it was preparing to test another nuclear device.

About 100 of the 500 shells North Korea fired into the Yellow Sea strayed across the line separating the two rivals' territorial waters, the semiofficial South Korean news agency Yonhap reported. Yonhap quoted the South Korean Joint Chiefs of Staff as saying the South responded by firing about 300 shells into North Korean waters and dispatching fighter jets to the boundary, known as the Northern Limit Line.

North Korean offshore firing appeared to have resumed after a lull, Yonhap reported, citing a resident of Baekryong Island, which is close to the Northern Limit Line.

"Some (North Korean) artillery fire landed in (the) southern part of Northern Limit Line but in the water," a South Korean Ministry of Defense spokesman said. "We counter-fired over the Northern Limit Line."

When asked what South Korea fired back at, the defense spokesman said, "We are not shooting at North Korea, just shooting into the sea."

The United States, South Korea's leading ally, condemned the North Korean shelling from the White House and the Pentagon.

Washington is working "in close coordination" with South Korea and Japan, White House spokesman Jay Carney said, calling on North Korea "to refrain from actions that threaten regional peace and security."

And Defense Secretary Chuck Hagel told reporters at the Pentagon, "The provocation that the North Koreans have, once again, engaged in is dangerous, and it needs to stop."

China, the North's main patron, also expressed concern.

"The temperature is rising at present on the Korean Peninsula, and this worries us," Foreign Ministry spokesman Hong Lei told reporters in Beijing. "We hope that all sides can remain calm and exercise restraint."

Credit to CNN

12 Signs That Something Big Is Happening To The Earth’s Crust Under North And South America


Why are fault lines and volcanoes all over North and South America suddenly waking up? Are we moving into a time when major earthquakes and volcanic eruptions will become much more common? For the past several decades, we have been extremely fortunate to have experienced a period of extremely low seismic activity along the west coast of the United States. 

You see, the west coast lies right along the infamous Ring of Fire. Approximately 75 percent of all the volcanoes in the world are on the Ring of Fire, and approximately 90 percent of all global earthquakes occur along the Ring of Fire.

Scientists tell us that it is inevitable that "the Big One" will hit California someday, but people have gotten very apathetic about this because things have been so quiet out there for so many years. Well, now it appears that things are changing in a big way - and not just along the California coast. The following are 12 signs that something big is happening to the earth's crust under North and South America...

#1 The 5.1 earthquake that shook Los Angeles on Friday was the worst earthquake that the city had seen in many years.

#2 Following that earthquake, there were more than 100 aftershocks.


#3 A 4.1 earthquake shook Los Angeles on Saturday. Scientists are hoping that this earthquake swarm in southern California will end soon.

#4 Earlier this month, a 4.4 earthquakerattled Los Angeles so badly that it caused news anchors to dive under their desks.

#5 A 6.9 earthquake just off the coast of northern California in early March was the largest earthquake to hit the west coast of the United States since 2010.

#6 Up in Oregon, Mt. Hood recently experienced more than 100 earthquakesover the course of just a few days.

#7 During the past month, there have also been some other very unusual geologic events that have been happening up in Oregon...

Two large landslides – one in the Columbia River Gorge dumped about 2,000 cubic yards of rock and debris on highway I84 just 3 miles west of the Hood River, and another blocked US30 near Portland.

Loud booms and ground shaking reported by people from Lincoln to Tillamook Counties; some reported hearing a rumble, as well (No earthquakes recorded by the USGS in the area at the time.)


A 20 ft. deep sinkhole swallowed a woman and her dog in her Portland backyard.

#8 A 4.8 earthquake rattled Yellowstone National Park on Sunday, and there have been at least 25 earthquakes at Yellowstone since Thursday.

#9 Scientists recently discovered that the Yellowstone supervolcano is now releasing far more helium gas than they had anticipated.

#10 Over the past month, there have been more than 130 earthquakes in the state of Oklahoma. This is highly unusual.

#11 There have been several dozen earthquakes in Peru over the past month, including a 6.3 earthquake that made headlines all over the globe.

#12 Earlier this month, the northern coast of Chile was hit by more than 300 earthquakes in a seven day stretch. 41 of those earthquakes were stronger than magnitude 4.5.

Fortunately, the quake that hit Los Angeles on Friday did not cause too much lasting injury. But it sure did shake people up. The following is how the Los Angeles Times described the damage...

The quake, centered near La Habra, caused furniture to tumble, pictures to fall off walls and glass to break. Merchandise fell off store shelves, and there were reports of plate glass windows shattered.

In Brea, several people suffered minor injuries during a rock slide that overturned their car. Fullerton reported seven water main breaks. Carbon Canyon Road was closed.

Residents across Orange and Los Angeles counties and the Inland Empire reported swinging chandeliers, fireplaces dislodging from walls and lots of rattled nerves. The shake caused a rock slide in Carbon Canyon, causing a car to overturn, according to the Brea Police Department.

Why this particular earthquake is of such concern is because it occurred along the Puente Hills fault line. According to one seismologist, this is the fault line that would be most likely to "eat L.A."...

Experts said that the earthquakes occurred on the Puente Hills thrust fault, which stretches from the San Gabriel Valley to downtown Los Angeles.

Last night's quake was shallow, which 'means the shaking is very concentrated in a small area,' said Caltech seismologist Egill Hauksson.

Hauksson revealed that the earthquake was unusual because the 5.1 quake was preceded by the weaker foreshock.

Scientists such as Hauksson are very concerned about the Puente Hills fault because it runs directly under downtown Los Angeles.

'This is the fault that could eat L.A.,' seismologist Sue Hough told The LA Times in 2003.

The fact that this fault appears to be waking up is really bad news.

Credit to Right Side News

President Obama Gives "Seeds" To Pope Francis (Offering)?