Ok, so I found out there is a way to change the interpretation rules that could make a template for when you import the squeezed files into adobe premiere pro. The problem is I have no idea how to create this new interpretation rule that will squeeze the footage back again. I will provide the information I found andr if anybody likes to give it a go be my guest.
This information is in the interpretation Rules that is in the plug-Ins folder in adobe premiere pro cs 5
# Premiere pixel aspect ratio rules and names
# note: Premiere only uses the width, height, and pixel aspect ratio information
#
# adapted from:
# "Interpretation Rules.txt"
# After Effects 4.1 Automatic Footage Interpretation
#
# lines beginning with "#" are comments
#
# basic format of a rule: {match requirements} = {set interpretation}
#
# + for each rule that matches, the interpretation is set; wild-cards ("*") allowed
# on both sides; wildcard match matches anything, wildcard set sets nothing
# + multiple rules are allowed to match, later matches override earlier matches
# + all rules are scanned in order, one rule per line
# + rules are applied after the automatic setting of D1 pixel aspect and automatic
# field separation from field-labeled files
#
# width, height, frame-rate, file-type, codec =
# pixel aspect ratio/name, field order, conform frame-rate, alpha interp
#
# width & height are integer numbers
# frame-rate is a decimal number
# file-type is four characters in quotes (4c's)
# codec (applicable for QT & AVI only) is also 4c's
#
# the pixel aspect ratio is a ratio of integers (e.g. 10/11)
# optionally followed by a name for that ratio (e.g. 10/11/"My Aspect")
# the field order is a single character, (F=frame, U=upper field, or L=lower field)
# the conform frame-rate is a decimal number
# alpha interp: (I=ignore, S=straight, P=premul/black, W=premul/white)
# alpha interp is ignored for footage without an alpha channel
#
# assume ATSC 704x480 in any format is D1 aspect
704, 480, *, *, * = 10/11, *, *, *
# assume NTSC DV is D1 aspect
720, 480, *, *, * = 10/11, *, *, *
# NTSC D1 is D1 aspect
720, 486, *, *, * = 10/11, *, *, *
# PAL D1/DV
720, 576, *, *, * = 768/702, *, *, *
# HD 1080 Anamorphic
1440, 1080, *, *, * = 1920/1440, *, *, *
# only adds a custom pixel aspect ratio to the UI
# uncomment the next line to try it out
# 0, 0, 0, "0000", * = 10/11/"Custom Aspect", *, *, *
