The United Nations General Assembly convenes in NYC this week and President Obama will be in town for a couple of days to address the Assembly. Of course he will need a comfy place to sleep where there is plenty of security, because we do not want foreign espionage agents tapping his phone to listen to affairs of state and chit chat with Michelle and the kids.

The Secret Service announced that the Waldorf-Astoria, where presidents since Herbert Hoover have stayed when visiting NYC, is now off limits because it is owned by Chinese Insurance conglomerate, Anbang. The Company bought the Waldorf recently for $1.9 Billion and it also acquired 717 Fifth Avenue in May. The reason Obama, or any future President I suppose, will no longer stay at the venerable Waldorf is for “security reasons,” fearing that his room and telephones will be wire-tapped by the Chinese government. This raises interesting questions.

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