Posted on 11/08/2010 11:51:57 AM PST by My Favorite Headache
Implicitly acknowledging the decline of American dominance, Barack Obama on Sunday said the US was no longer in a position to "meet the rest of the world economically on our terms".
Speaking at a town hall meeting in Mumbai, he said, "I do think that one of the challenges that we are going face in the US, at a time when we are still recovering from the financial crisis is, how do we respond to some of the challenges of globalisation? The fact of the matter is that for most of my lifetime and I'll turn 50 next year - the US was such an enormously dominant economic power, we were such a large market, our industry, our technology, our manufacturing was so significant that we always met the rest of the world economically on our terms. And now because of the incredible rise of India and China and Brazil and other countries, the US remains the largest economy and the largest market, but there is real competition."
(Excerpt) Read more at nation.foxnews.com ...
That may be true but for Gods sake!...He is contributing to America’s downfall!!!
This guy is such A TOOLLLL
BOY somebody need start drinknig game on January 20, 2013 LOL!
See my tagline.
This POS won’t be satisfied until the USA is worse than a third-world marxist dictatorship. And if he really has his way, he will be the dicktater.
The manufacturing jobs are being sent out of country. All we have left is assembly plants and they’re going to Mexico faster than even Perot thought possible.
See post #27!
What a useless POS.
Our allies love that our enemies hear that we are no longer up to snuff. He’s begging for a military confrontation from one of them.
Thank the stupid bastards that put him in office.
I blame the voters of obamao more than even himself.
We have regulated and taxed our way out of economic dominance, and he is proud of that.
And not he is about to flood the country with a huge run on the money presses to trash the dollar completely - five years or less until the US returns to the Carter 20+% interest rates and then the plunge into hyperinflation with the dollar becoming the tinder of choice to start the family cooking fire...
I can’t understand why he hasn’t yet been tarred, feathered, and run out of town on a rail.
Is that true? When it comes to Obama I can no longer tell fact from fantasy anymore.
It is the heart and soul of Barack Hussein Obama and his World View. It is an anathema to about 90% of Americans (the rest being traitors, so called "enemy within").
It will be his undoing in the debates of 2012 on the Foreign Policy night, against the Republican Candidate (whom I am personally hoping this time will be Ambassador Bolton who will absolutely clean Obongo's clock from here to kingdom come).
Yes.
The Japanese were embarrassed by the plan, as well.
And remember during the campaign how Teh One was photographed with a copy of the book The Post-American World in his hand?
NO Cheers, unfortunately.
nobama = LOSER, EPIC-FAIL pRESIDENT
This loser is a major emhbarrassment.
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