Posted on 02/04/2009 5:30:22 AM PST by AfterManyASummer
The Obama administration backed away from a confrontation with China after Treasury Secretary Tim Geithner said during confirmation hearings that President Obama backed by the conclusions of a broad range of economists believes that China is manipulating its currency.
China immediately hit back, denying that it manipulated its currency to get an unfair trade advantage. Within days, Vice President Joe Biden said on television: There's been no judgment based in the administration that there has been a manipulation. That word, he explained, triggers within trade agreements certain responses.
And President Obama himself telephoned Hu Jintao to give his Chinese counterpart further reassurances.
(Excerpt) Read more at chinapost.com.tw ...
I pray every day that it is only four.
Another no pre-conditions moment.
China has their own problems. They have roughly 20 million unemployed rural bumpkins in their cities looking for work, and with the economic downturn in the US, there is no work to be had. We aren’t buying as much Chicom junk as we did.
Jintao recently got all his military together and told them it was their duty to obey the Communist Party no matter what. I suspect the leadership fears massive civil unrest and the need for a military smackdown.
The Chinese have to buy our T-bills in the porkulus package if there is a significant probability it will get us buying their cheap junk again. Otherwise they have to trash their economic model and go back to the era of the Cultural Revolution.
We have strange co-dependent marriage with China; neither party really loves the other but neither party can afford a divorce.
Barry Hussein is dumber than a box of rocks.
And takes several deep breaths.
When conservatives criticize his decisions and statements, he hits back hard. When socialists and dictators criticize him, he backs down.
Whose side is he on anyway? He’s making the answer to that question more and more clear with each passing day. And Americans are finally sitting up and taking notice.
And Russia on missile defense.
Hes not dealing with the stupid American electorate here. Foreign leaders are smart and have memories. They are not going to forget that he said something one day and backed away from it the next.
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Youre exactly right.
21% of China's exports go to the US. They cannot escape the worldwide economic meltdown. .
And we are looking at the perfect storm in the next decade as our entitlement programs start crashing down around our ears with close to $60 trillion in unfunded liabilities; our pro-population growth immigration policies fuel a population increase of 165 million in the next 50 years, and our national debt consumes more of federal revenue up from the current 17 cents out of every federal dollar. We are the world's biggest debtor. At least China has the luxury of large currency reserves.
We may have some civil unrest in our future as our country becomes more and more Balkanized along ethnic, cultural, and linguistic lines.
It remains to be seen how China parlays its economic influence over us. Taiwan may become the peace offering, i.e., the US tacitly agrees to let China take it over through threat and possibly force.
China has been using US money to research and build stealth subs, anti-satellite weapons, and who knows what else. I'm not sure the US would win a war over Taiwan. More likely we would have a 50 year agreement like the UK made for Hong Kong.
Help assure this by getting your state legistlature and Governors to pass a “Prove your eligible to be on the Ballot” bill. Have them require a certified long form birth certificate for candidates.
Taiwan has the world's 20th largest economy, bigger than Turkey, Austria, Indonesia, Saudi Arabia, Norway, Poland, South Afria, just to name a few. It is also a democratic country. For us to negotiate away its sovereignty and place it under a Communist dictatorship would be morally reprehensible and an act of enormous betrayal.
And Russia on missile defense.
At what point does he officially become the Sniveling Snot Sucker-in-chief?
Oh, wait ... he has declared jihad on the unborn.
This guy is clearly not ready for prime time.
The similarity is the difficulty, or even impossibility, of defending it against China. If such a defense becomes a reality, I hope we would have a better commander than MacArthur was in the Philippines in 1941.
For us to negotiate away its sovereignty and place it under a Communist dictatorship would be morally reprehensible and an act of enormous betrayal.
I agree but look who is in charge:
“Foreign leaders are smart”
And are not burdened with being PC. Obama seems to idiotically think he’s dealing with someone who respects him (like the press), not ruthless gangsters who secretly laugh their heads off at him behind doors.
The Brits had a lease with China on Hong Kong and it expired. It was not a hostile takeover. There was no question of defending it from the Chinese. The UK did get some concessions from the Chinese on Hong Kong's status, which was advantageous for China as well.
If such a defense becomes a reality, I hope we would have a better commander than MacArthur was in the Philippines in 1941.
The US defense of Taiwan would boil down to threatening the PRC with a nuclear attack should they try to take Taiwan by force. Just as Clinton and other Presidents have done, the US Seventh Fleet would play a major role acting as a trip wire.
The real question is what will Obama do when the rubber hits the road. Will he signal weakness allowing the PRC to move or will he send the message to the PRC that any such forcible takeover of Taiwan would lead to a war with the US. There is economic leverage, but that only goes so far.
I was in the PRC just before the took over Macau. They had a huge clock near the Great Wall ticking down the days, hours and minutes when the handover would take place. And now that the Olympics are over, the PRC will increase the pressure on Taiwan to capitulate and to isolate Taiwan more from the US, including trying to dissuade us from selling arms to Taiwan.
Obambi is totally CLUELESS
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