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Send a message to China
Seatle Times ^ | 4/02/2008 | Floyd J. McKay

Posted on 04/02/2008 2:24:14 AM PDT by steelboy

The president is keeping a very low profile on Tibet as the crackdown on Tibetan demonstrators continues.

No wonder. China has allowed George W. Bush to make war in Iraq without new taxes.

The U.S. government is hostage to China's central bank. In addition to $388 billion in U.S. Treasury securities, China, according to Congressional Research Service, holds another $310 billion of American public and corporate securities

(Excerpt) Read more at seattletimes.nwsource.com ...


TOPICS: Foreign Affairs; News/Current Events
KEYWORDS: china; chinaseconomy; useconomy

1 posted on 04/02/2008 2:24:15 AM PDT by steelboy
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To: steelboy

“No wonder. China has allowed George W. Bush to make war in Iraq without new taxes.

The U.S. government is hostage to China’s central bank.”

Sheer idiocy. It’s amazing to hear “journalism professors” lecture on economic matters. Much as I would agree with the rest of the story, I can’t abide - particularly from “emeritus journalism professors” with the ostensible intellectual capacity to know better if they actually cared to - these types of memes. Why is it that unchecked hyperbole is apparently still allowed in issues of finance and economics?


2 posted on 04/02/2008 2:35:25 AM PDT by Sandreckoner
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To: steelboy

I think an tax on 90% of Walmart’s stock of lets say 2% would cover that in about a month. Then strict laws of manufacturing enforced so that the quality has to be one of high standards.....How many toys are being shipped to Africa, India, The Middle East, South America? I think we hold a bigger stake in their wealth than most think.


3 posted on 04/02/2008 4:53:45 AM PDT by Wavrnr10 (Eagles soar but weasels don't get sucked in jet engines)
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