Reality is finally making a dent in some of the libs consciousness, though they still have a long, long way to go. Proof of this is the selection of Howie as their leader.
The other problem that will take them a long time to overcome (if ever) is their congenital ignorance of economics. The following passage provides the evidence:
"This is the dizzying specter of economic competition from China, whose hold on U.S. Treasury bonds leaves the dollar vulnerable to a tremendous decline should China decide to sell them."
It also illustrates the shallowness of their thinking, because if he had thought about this statement for another second he would have realized that China would be cutting their own throat if they dumped all the treasuries.
But they do seem to have a terrible time dealing with an approach to China. Even *I* can see that were China to knock out the US, its own economy would tumble. The only reason they would have to hurt us would be if they intended to take us over in one fell swoop without destroying our infrastructure and natural resources.
One benefit of the Iraq war is to show our rivals how difficult it would be for them to take over any country not in their back yard.