O.C. resorts Montage, Ritz-Carlton part of $6 billion deal by Chinese insurance

NEW -> Contingent Buyer Assistance Program
President Obama decided to no longer stay at the Waldorf Astoria after the chicoms bought it last year, ending the Waldorf's century old tradition of providing lodging to US presidents.  If the PRC continues buying up all the trophy hotels in the USA, the US President will have to stay at the Motel 6.  And forget about saving up for a once in a lifetime stay in the "Presidential Suite", it will be the "Chairman's Suite" or "Supreme Leader Suite".
 
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