China puts its foot down: sends a powerful message to Obama

http://www.examiner.com/republican-in-houston/china-puts-its-foot-down-sends-a-powerful-message-to-obama ^

[Todd Kinsey]

Last week I reported that China was very upset by President Obama's decision to monetize more of our debt. This is quite understandable since they hold such a significant portion of our debt and overnight the value was reduced by twenty percent.

[Todd Kinsey]

I expect the president will have this message reinforced when he's in Europe this week.

[TSgt]

I like to be kissed, when someone is doing sex to me!

[TSgt]

SNL: Obama and Hu Jintao (Video)
http://freedomeden.blogspot.com/2010/11/snl-obama-and-hu-jintao-video.html

[righttackle44]

In this version, China is Rocky Balboa as neighborhood bone-crusher for the Cadillac-owning neighborhood loan shark. Then Rocky becomes able to beat, after a horrendous battle, the heavyweight champion of the world. Bad, bad ending.

[Mr. K]

let’s see...

missile not detected on radar last week

F-22 suddenly missing this week (no missile detected on radar this time either, just ...dissappeared)

Obozo would be too stupid to know what to do

[Todd Kinsey]

I cannot remember the last time I watched SNL. I was a big fan from the 70’s through the early 90’s but haven't watched much since Sandler, Schneider, Spade, ET AL. moved on to bigger things.

[OKSooner]

" F-22 suddenly missing this week... "

Say what?

[NonValueAdded]

some might say ballistically. In hindsight the airplane contrail explanation is probably correct but it sure does read like a Clancy novel scenario.

[houeto]

http://www.freerepublic.com/focus/f-news/2628622/posts

[Georgia Girl 2]

Yeh when the Chi Coms blew off that ICBM last week off LA I got the feeling they were a little upset.

[Mr. K]

Alaska is searching for an f-22 misssing this morning from a base near Anchorage

No warning or problem message from the pilot- just dissappeared off the radar

[Qwackertoo]

I watched that clip last night. Too funny and I love that they are finally making fun of him although I think they done the doing sex to me in a similar skit awhile back.

[Qwackertoo]

make that “they’ve done”

[decimon]

The story of the Chinese sub that surfaced in the middle of our carrier group appeared everywhere here.

[TLI]

Let's see, 20% of...

Data summary

MAJOR FOREIGN HOLDERS OF TREASURY SECURITIES

$bn at end of period. Click heading to sort

Country	Aug 2010.	Jan 2010.	Aug 2009.	Jan 2009.
SOURCE: US Treasury • Download this data
China, Mainland	868.4	889	936.5	739.6
Japan	836.6	765.4	727.5	634.8
United Kingdom	448.4	208.3	101.9	123.9
Oil Exporters	226.6	218.4	209.8	186.6
All Other	165.7	152.2	161	147
Brazil	165	169.1	146	133.5
Carib Bnkng Ctrs	159.1	143.8	124.8	176.9
Hong Kong	137.8	146.6	120.5	71.7
Taiwan	130.2	119.6	112.9	73.3
Russia	129	124.2	144.9	119.6
Switzerland	106.6	84.4	81.9	62.1
Canada	103.4	54.7	30.2	8.4
Luxembourg	79.1	79.1	82.9	87
Thailand	60.9	33.3	31.4	37.2
Germany	58.7	49	50.1	56.2
Singapore	52.7	41.3	43.1	38.3
Ireland	42	39.2	40.8	50
Korea, South	41.6	39.7	39.8	31.3
India	39	32.7	41.5	32.5
Mexico	36	34.4	33.2	34.8
France	35.5	35.9	28	17.9
Belgium	34.3	17.4	17.7	15.5
Egypt	33.6	19.4	14.5	16.9
Turkey	29.5	27.5	28.5	31.3
Poland	24.1	22.3	21.3	3.3
Italy	20.9	21.3	19.3	15.6
Norway	18.2	12.3	7.1	21.9
Netherlands	17.7	20.7	22	16.8
Colombia	17	16	17.9	11.4
Israel	16.4	16.8	16.2	16.9
Sweden	15.7	15.7	12.7	12.4
Philippines	13.7	11.3	11.9	11.6
Chile	13.2	12.5	12.9	15.2
Australia	11.7	15.4	12.5	7.8
Malaysia	11.7	11	11.9	8
Spain			12.8	4.2
Grand Total	4212.9	3708.8	3528.1	3071.5

Twenty percent of the China debt is 173 BILLION. That is what little bammy and hic crew just screwed the Chinese out of with their "QE2."

Judging from the list, the Chinese correctly determined there would be little condemnation of the "warning."

.

[Sergio]

Toooo funny, thanks for posting this.

[Todd Kinsey]

He is my favorite author.