Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: AfterManyASummer

Reality is a bitch. The Chinese have over $1 trillion in hard currency reserves and they are buying our T-bills, which enables the Treasury to print money to fund the stimulus package. Just as Obama wants to control the executive pay of those firms that accept bailout money, the Chinese will be calling the shots on our foreign policy towards them and elsewhere.


17 posted on 02/04/2009 5:55:56 AM PST by kabar
[ Post Reply | Private Reply | To 1 | View Replies ]


To: kabar
Reality is a bitch. The Chinese have over $1 trillion in hard currency reserves and they are buying our T-bills, which enables the Treasury to print money to fund the stimulus package. Just as Obama wants to control the executive pay of those firms that accept bailout money, the Chinese will be calling the shots on our foreign policy towards them and elsewhere.


21 posted on 02/04/2009 6:04:01 AM PST by ding_dong_daddy_from_dumas (I want to "Buy American" but the only things for sale made in the USA are politicians)
[ Post Reply | Private Reply | To 17 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson