What he means: Obama said that he will continue to borrow hundreds of billions from the Chinese if they will lend it to us; barring that, he will simply print dollars. This money will be wasted on useless liberal pet projects and payoffs to political supporters. Eventually, the debt will have to be wiped out through hyperinflation, destroying the savings of every American family, leaving millions of Americans facing the prospect of a "retirement" dominated by poverty and hunger, and paving the way for a totalitarian dictatorship.