Forget about our supposedly "dangerous" dependence on foreign oil - that's a subterfuge, a distraction, a lie, if you will - the real danger lies in our addiction - like that of a meth-addict - to borrowing foreign money to feed our insatiable need to spend like money was in infinite supply. There will soon come a time - sooner rather than later - when the Chinese do to us what we did to the British right after WWII. They will impose additional conditions on holding our debt that will be just sufficiently onerous that we will never, ever be able to recover our current preeminent economic position again. All it would take would be adding a couple more percentage points to the debt we owe the Chinese - the US imposed a 2% interest requirement on a multi-billion dollar loan it extended to the UK after WWII for rebuilding - the US had traditionally lent to the UK at 0% interest - and that measly 2% points was all it took to tame the UK economically and make sure that they never constituted an economic challenge to the US. That is, more or less, all the Chinese would have to do in order to totally castrate our economy right now.
Thank God for Democrats!
