AJM: One of the reasons hes not going to be particularly or even mildly bellicose to the Chinese is that he has to fund all of his trillion dollar spending sprees, he needs them to keep buying the securities.
DH: Well, I think thats the argument made to almost every president. The point is, if you really believe in that argument, and you believe that the red Chinese have an enormous amount of leverage over the United States right now, then by allowing them to continue this drag on the American industrial base you are agreeing to them INCREASING leverage over the United States in the coming decades! Meaning it is going to get much worse, and that China will continue to become an industrial powerhouse, that they will continue to accumulate American assets. And theyll spend a great deal of those assets on a war machine, which they are building right now!
(snip)
So by saying theyve have a hold on us, theyve got us by the shorthairs, theyve got leverage on us, therefore were going to allow them to continue to extract Americas industrial base, and build up theirs while weakening ours is essentially conceding the future to communist China. Thats what Obama is doing. I reject that. I think thats a huge mistake.
Total logic. Hunter is the closest man we have to a Ronald Reagan, and he’s retired.