Posted on 02/23/2009 2:47:42 AM PST by Scanian
Hillary Clinton, Presidential Candidate, March 2007:
"Clinton is making America's dependence on Chinese investors a central theme of her 2008 message. She took to the CNBC airwaves Thursday [March 1, 2007] to declare that America was undergoing ‘a slow erosion of our own economic sovereignty.' In a letter to Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke, Clinton said Wednesday's stock market sell-off ‘underscores the exposure of our economy to economic developments in countries like China. As we have been running trade and budget deficits, they have been buying our debt and in essence becoming our banker'... She argued in her letter to Paulson and Bernanke that Congress and the president had to ‘ensure foreign governments don't own too much of our public debt.'" Source
Hillary Clinton, Secretary of State, February 2009:
"Clinton told [China's President] Hu she felt like [sic] a beginning of ‘a new era' of bilateral relations characterized by ‘positive cooperation.' Clinton's visit to Beijing, the last leg of her inaugural overseas trip, marked the beginning of face-to-face diplomacy between the two countries since the Obama administration took office last month... She thanked China for its ‘continued confidence in U.S. Treasuries.'
(Excerpt) Read more at americanthinker.com ...
She’s been selling secrets to them for a long time. She can’t stop pandering now, she’s in too deep.
Well as the recession deepens, the thing that Americans need to do is have a place to invest. Therefore, if the US needs cash, raise rates to make US Bonds, money markets, etc. attractive and cut goobermint fleecing; reduce the size of goobermint. The economy will turn around slowly then. The Treas, fed needs to get in front of the 8 ball now.
Ping dynasty
And when the new and improved Chinese PLAN takes out the U.S. 7th Fleet, storms into Taiwan, overruns the western Pacific, and blockades Japan, the Rats will be sitting back scratching their heads wondering what happened.
One world economy let everyone bleed at the same rate NAFTA didn’t help much.
We’ve been groveling at China’s door for the last 10 years or more.
I feel "like sick" too.
communism
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