Change You Can Believe In … Communist China Warns Barack “The One” Obama About America’s Soaring Budget Deficit
CHANGE YOU CAN BELIEVE IN … A Communist country warning US about fiscal responsibility and the Obama Administration pledging to rein in the U.S. deficit to protect Chinese holdings. Good grief!
Here is a change from the Obama Administration that has everyone scratching their heads and eyes bulging. Communist China, yes that is correct, Red China warns Obama about his spending and soaring budget deficits. Is anyone in America paying attention?
We have a President of the United States and his Administration reassuring a communist country that the U.S. will not let deficits or inflation jeopardize the value of Chinese investments. Who are the socialists/communists and who are the capitalists at this meeting? How pathetic have things become under Barack Obama when we have the Chinese lecturing our Socialist & Chief about the free market system?
The Gateway Pundit has some other previous warnings made from the Chinese to Obama and the Democrats. CHANGE?
More Kumbaya diplomacy from The One.
President Barack Obama opened Monday’s discussions by declaring that the United States sought a new era of “cooperation, not confrontation” with China and that management of the U.S.-China relationship would be a major factor in defining the history of the 21st century.
Obama dispatched his top economic officials – Treasury Secretary Timothy Geithner, National Economic Council Director Lawrence Summers, White House budget director Peter Orszag and Federal Reserve Chairman Ben Bernanke – to try to reassure China that the U.S. will not let deficits or inflation jeopardize the value of Chinese investments.
U.S. Assures ‘Concerned’ China It Will Shrink Deficit
Treasury Secretary Timothy Geithner pledged to rein in the U.S. deficit as China underscored concern about preserving the value of its $801.5 billion of Treasury holdings.
The U.S. will ensure a “sustainable” deficit by 2013, Geithner said at the beginning of the first round of Strategic and Economic Dialogue talks under President Barack Obama in Washington. China is “concerned about the security of our financial assets,” Assistant Finance Minister Zhu Guangyao said.
Posted July 29, 2009 by Scared Monkeys
Barack Obama, Bizarre, Economy, Obamanation, Obamanomics, Socialism, WTF | 7 comments
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7 Responses to “Change You Can Believe In … Communist China Warns Barack “The One” Obama About America’s Soaring Budget Deficit”
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Can China take a IOU?
I believe our prez is thinking about slavery again and that would be US as slaves to China..
It’s about time someone steps up to the plate and raises dire concerns over the Obamamania led spending. We have become a country that just can’t say “no” to anything that involved spending. The cap and tax scheme was bad enough, but this healthcare scheme is far worse. Consider the failing of the Massachusetts’ socialized healthcare program, and that promoted by Obama is far worse.
It’s time to say “no,” and put a stop to everything until 3.5 years have passed.
shows that obama has no idea about what he is doing.he is little more than a child.
I am still looking to buy real estate near shit creek so I can open up a paddle store
he looks a little chinese to me .
Chinese are late….a few years…under Bush the trade defict spiraled.
If the Chinese drop the Dollar its byebye US economy (and the rest of the world too)