From: http://www.thedailybeast.com/blo...e-china/full/
"The secret of what’s wrong with [President Obama's] foreign policy is what’s wrong with his domestic policies. Obama’s central focus is domestic, and neither his inclinations nor his experience afford him the judgment required for serious foreign-policy decisions. Accordingly, having proposed $8.5 trillion in deficits over the next decade, and lacking enough gall to propose the requisite taxes to fund such extraordinary spending, Obama has only the alternatives of printing money or issuing debt. Both are harmful, but the debt route is a less visible way to debase the currency. Implicitly, Obama expects China to purchase a major portion of this debt, adding to its existing enormous share of Treasury obligations. Unfortunately for the president, however, China appears unwilling to play. In particular, China worries about the potentially devastating effects these mountainous additions to the national debt will have on the U.S. economy, and thus our ability ultimately to repay all or even most of it."
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written by Jay Golub , February 06, 2010
http://www.urbanelephants.com/...ew#pc_6776
that's why I wrote this comment in another thread.
Bolton is right on all fronts here and Obama and the Liberals really don't care if we destroy our economy because there goal is to keep unemployment above 10% forever. This enables there to be enough public will for there to be a permanent social-welfare state...
written by Raquel Okyay , February 14, 2010
Every move he makes doesn't make any sense, his domestic policy stinks - no one wants a big spending liberal in the White House right now.
Foreign policy is astonishing. Threatening sanctions against Iran, many of which have been used before, without the support of China and Russia, will do nothing to stop Iran from developing nuclear weapons.
The President has to come up with a plan to deal with Iran. It is more likely that Iran will have nuclear weapons than that the earth is warming.
I'm pretty sure the President doesn't have his eye on the ball when it comes to protecting America either, calling the Christmas day bomber a "foreign student", he fails to understand and target those who are in a war against us - they're called Islamic Terrorists - not foreign students.
written by Jay Golub , February 14, 2010
Obama and the Left are pursuing exactly the course they want, Raquel. If they are left unopposed and if we as average American citizens don't draw a line in the sand now, there may be little possibility of "turning this ship" in the future.
If they have their way, France here we come....
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