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Chinese students laugh at Geithner's assurances (about Dollar)
Reuters ^ | Glenn Somerville

Posted on 06/01/2009 10:50:52 AM PDT by balls

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To: balls

Men of vision would be encouraging China to spend the money on American goods and service to improve their country’s lot.


21 posted on 06/01/2009 11:05:14 AM PDT by Red Dog #1
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To: dfwgator

“The Chinese aren’t stupid.”

Not only that, the Chinese have the “American work ethic”. The Chinese people ARE paying attention, and are motivated.

There are very dark days ahead for America.


22 posted on 06/01/2009 11:05:55 AM PDT by brownsfan (Kool aid comes in two new flavors: Hope and Change.)
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To: dfwgator
Ha Ha

Like a child caught with jelly all over his face, maintaining that he was not the one the opened the jar.

These criminals are responsible for destroying the American dollar. Now they are assuring us and the world that it is healthy. Obama and Geithner are accomplices to the theft of the value of the U.S. money supply.

That they are accomplices is evident for they are in cover up and join the party mode; not expose and correct mode.

Obama is a cheap Chicago thief. His minions are chosen for their singular incompetence and their unequaled untrustworthiness in any matters financial.

And all who follow them are like them.

Is this the Hope and Change you wanted.

23 posted on 06/01/2009 11:06:06 AM PDT by TFMcGuire (Life is tough. It is even tougher if you are stupid--John Wayne)
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To: Red Dog #1

Well, there are certainly no such folks in the Obummer administration.


24 posted on 06/01/2009 11:06:39 AM PDT by Army Air Corps (Four fried chickens and a coke)
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To: y6162

25 posted on 06/01/2009 11:07:43 AM PDT by dfwgator (The Huskies are Gator Bait!)
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To: pepsionice

Wonder if he contributed towards the lower tax receipts the gov’t collected so far this year.


26 posted on 06/01/2009 11:07:43 AM PDT by Always Independent
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To: balls

So Geithner violated American standards of trustworthiness, and also violated Chinese standards of trustworthiness.

Do you know how HARD that is? Everything is counterfeit, there is no accountability, and AVERAGE lies probably do not amuse rank-and-file Chinese.

He has become an uncommon liar IN CHINA.


27 posted on 06/01/2009 11:07:46 AM PDT by gaijin
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To: dfwgator
If what I've read is true (IF-) than yeah, pretty much so....
28 posted on 06/01/2009 11:08:07 AM PDT by kaylar
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To: dfwgator

I just added that one to my collection.


29 posted on 06/01/2009 11:09:39 AM PDT by listenhillary (90% of our problems could be resolved with a government 10% of the size it is now.)
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To: balls

One thing to remember - Chinese in no way have bought into, or even understand, American political-correctness or political double-speak. So in that sense, they see things very clearly and simply - will their country get their money back?


30 posted on 06/01/2009 11:09:52 AM PDT by PGR88
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To: The Sons of Liberty

“Meanwhile the vllage idiots - aka members of Congress, believe every word he says.”

Naw... those soul-less pigs in Congress only triangulate. Obama is an American rock star, so they are trying to ride his coat tails. If Obama’s numbers were to drop, (not likely given the MSM and the idiot electorate), the knives would come out.

The pigs in Congress believe in one thing... re-election.


31 posted on 06/01/2009 11:10:28 AM PDT by brownsfan (Kool aid comes in two new flavors: Hope and Change.)
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To: balls

I assure you, our dollar is strong!

32 posted on 06/01/2009 11:10:48 AM PDT by T Minus Four (Matthew 15:8 - 9)
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To: Safrguns

Ping me if you find the video.


33 posted on 06/01/2009 11:10:49 AM PDT by listenhillary (90% of our problems could be resolved with a government 10% of the size it is now.)
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To: balls

I believe in getting an A+ in my exam and being healthy, but I’m not going to study or exercise


34 posted on 06/01/2009 11:11:51 AM PDT by 4rcane
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To: balls
where he studied Chinese as a student

Where does Reuters find its writers? "Studied Chinese as a student?" That's a bit like "butchered meat as a butcher."
35 posted on 06/01/2009 11:14:34 AM PDT by irishjuggler
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To: colorado tanker
Oh, they'll keep buying our bonds. Wait until they see the off the charts stupid interest rates Timmy and Zero will be paying to raise all the money they need to pay for their spending.

I'm skeptical about that. How high would interest rates have to be to justify an investment where you get paid off with Monopoly money?

Wouldn't they get an even greater return than those high interest rates if they invest in hard assets instead? Valued in dollars, the price of gold, oil, etc will go up significantly as the dollar shrinks.

36 posted on 06/01/2009 11:15:35 AM PDT by Wissa (I despise the liberal media.)
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To: balls

Timmy’s talk ain’t playing well over there either, huh?


37 posted on 06/01/2009 11:18:34 AM PDT by 506Lake
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To: balls
His answer drew loud laughter from his student audience

I can't wait for Perky Katie to report this tonight/s
38 posted on 06/01/2009 11:18:55 AM PDT by Red in Blue PA (http://ccwsaveslives.blogspot.com/)
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To: balls
I'd laugh at him too. Geithner and 0 are 0 credibility jokes.
39 posted on 06/01/2009 11:20:44 AM PDT by mojito
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To: Wissa
There isn't nearly enough gold in the world for them to park all their cash.

The hard truth is if the Chinese ever withdrew enough assets from us to destabilize our economy we'd have to quit buying all that stuff they make, which would tank their economy. They're trapped.

40 posted on 06/01/2009 11:21:45 AM PDT by colorado tanker ("Lastly, I'd like to apologize for America's disproportionate response to Pearl Harbor . . . ")
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