America doesn’t have to worry about the Chinese holding our debt over our heads, hell they will just take it straight from source code given freely to a foreign national here in the USA. I love how we keep turning over our country to the Chinese over the past two decades. It started with Bill Clinton giving them our arms information and how to Build The Bomb for money to his election campaign. We now find the fed is hiring non-American citizens as contractors to work on source code for the Federal Reserve
U.S. Treasury Department software used to track federal collections and payments was stolen by a government contractor’s employee who worked at the Federal Reserve Bank of New York, federal prosecutors said.
Bo Zhang, 32, who worked for an unidentified technology company, was a computer programmer assigned to work on source code at the New York Fed from May until August, the U.S. said in a criminal complaint against him that was unsealed yesterday in federal court in Manhattan. Zhang is a Chinese citizen, said a person with knowledge of the matter who didn’t want to be identified because the information wasn’t public.
The software system relates to the “tracking of the billions of dollars that are electronically transferred every day in the U.S.’s general ledger,” prosecutors said.
Zhang has been in the U.S. on a work visa since 2000, said another person familiar with the matter who also didn’t want to be identified because the information isn’t public. Zhang worked previously at Goldman Sachs Group Inc. (GS) and Bank of America Corp., the person said.
U.S. Magistrate Judge James Cott yesterday agreed to release Zhang on a $200,000 bond secured by a condominium located in the Flushing, Queens, section of New York City. Cott ordered that he surrender all of his travel documents and restricted his movements to parts of New York and to New Jersey, where Zhang’s lawyer said his client works. Cott set the next court appearance in the case for Feb. 17.
Why even worry about paying them back 40 cents on every dollar we spend in this country, they want to take it all. I find it deplorable that the United States of America deals at all with the Communist Chinese, from allowing their products in this country to borrowing dollars from them.