Kicking us while we're down.......by Rico

Billary's BEST FRIEND in the world (after themselves, of course) CHINA, is certainly NOT missing the chance to kick us while we're down....but without the sympathetic "I feel your pain" remark, and a bit too much glee in their kicks that clearly say "I sure hope THIS really hurts!"

Beijing's Governor of the People's Bank of China ZHOU Xiaochuan, taking full advantage of the "Kick Me" signs Obama-Geithner-Bernanke seem to be wearing proposes that we need a new world reserve currency and that some Central Banks give up control over their reserves and operations to a "Global" currency/unit/fund (managed by the IMF? the UN?).

This from the MOST secretive and non-transparent bankers in the world (the Swiss can only envy the Chinese here)!

Well......if George Soros and the Useless Nitwits like the idea, it must indeed be VERY BAD NEWS for the likes of you and I.

Top holders of US debt:
I'm not completely unsympathetic to Chinese 'concerns' over holding so much US Gov't debt and their doubts about the future of the US dollar (being paid back in devalued dollars, or being paid back at all), especially considering that the US Government "owes" itself roughly $4.806 trillion (swapping the immortal Wimpy's "I'll gladly pay you Tuesday for a hamburger today" routine for Obama's metrosexual "I'll gladly repay you someday for more money today"), followed by the Chinese with roughly $1.4 trillion. These numbers are climbing.

I'd seriously consider suggesting that we join the Fwench in the EU like Bulgaria and Romania did in 2007, BUT WITH THE OBAMA BUDGET WE DO NOT QUALIFY FOR EU MEMBERSHIP!!!!!
They require a national budget deficit less than 3% and a national debt less than 60% of GDP. We aren't even close.

So THANKS TEAM OBAMA for yet more hope and change!!!!! In less than 100 days you have made America as ineligible for membership in the EU as Albania! THAT'S CHANGE WE CAN BELIEVE IN!!!
- I wonder if we can get Zimbabwe to 'adopt' us now?