Sunday, August 7, 2011

CHINA MAY CUT U.S. OFF

Reuters is reporting that China bluntly criticized the United States yesterday after S&P lowered its credit rating, saying the "good old days" of borrowing were over.  China, the biggest creditor of the United States, said Washington only had itself to blame for its plight and called for a new stable global reserve currency.  “The U.S. government has to come to terms with the painful fact that the good old days when it could just borrow its way out of messes of its own making are finally gone," China's official Xinhua news agency said in a commentary.


COMMENTS:
Thank you President Barack Hussein Obama for the “change” you have brought upon us. 

TODAY’S QUERIES & ANSWERS:
Q. What do you think Obama should do about this latest financial crisis?  (Wellington ~ Roanoke, VA)
A. Pack his damned bags and go back to Kenya.   

Q. You said many times that you did not think Obama would finish his first term in office and that he might not last beyond three years.  Given everything that has happened lately, what is your opinion now? (Gary ~ Mesa, AZ)
A. Unchanged.   

Q. Should Timothy Geithner get the axe?  (Kayley ~ Scottsdale, AZ)
A. He never should have been appointed.  He’s a tax cheat.  If he can’t handle his own affairs, how can he handle ours?  He’s a symbol of the arrogant disrespect that Obama has for our traditions and values when it comes to government.  He’s an absolute abortion.  But he is not the problem; he is only the symptom. 

TODAY’S QUOTE:
“For months he opposed all efforts to reduce the debt in return for a debt ceiling increase.  His opposition to serious spending and debt reforms has been reckless and now the American people will pay the price.” ~ Senator James DeMint speaking of President Barack Obama

TODAY’S VIDEO: 

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