Category Archives: America

China To The U.S.: ‘We Hate You Guys’

America, China, Economy, Federal Reserve Bank, Inflation

Luo Ping, a director-general at the China Banking Regulatory Commission, was speaking at the Global Association of Risk Management’s 10th Annual Risk Management Conventions. Said Mr. Luo: “We hate you guys,” by which he meant Americans, toward whom Chinese are increasingly hostile for trashing the dollar.

“Once you start issuing $1 trillion-$2 trillion, we know the dollar is going to depreciate, so we hate you guys, but there is nothing much we can do. Except for US Treasuries, what can you hold?” lamented Luo. “Gold? You don’t hold Japanese government bonds or UK bonds. US Treasuries are the safe haven. For everyone, including China, it is the only option.”

I suspect dethroning the dollar from its status as world reserve currency would be a wise move. You gotta stop enabling the addict (USA).

Source: Hannity.com

China To The U.S.: 'We Hate You Guys'

America, China, Federal Reserve Bank, Inflation

Luo Ping, a director-general at the China Banking Regulatory Commission, was speaking at the Global Association of Risk Management’s 10th Annual Risk Management Conventions. Said Mr. Luo: “We hate you guys,” by which he meant Americans, toward whom Chinese are increasingly hostile for trashing the dollar.

“Once you start issuing $1 trillion-$2 trillion, we know the dollar is going to depreciate, so we hate you guys, but there is nothing much we can do. Except for US Treasuries, what can you hold?” lamented Luo. “Gold? You don’t hold Japanese government bonds or UK bonds. US Treasuries are the safe haven. For everyone, including China, it is the only option.”

I suspect dethroning the dollar from its status as world reserve currency would be a wise move. You gotta stop enabling the addict (USA).

Source: Hannity.com

‘We Are All Socialists Now’

America, Israel, Left-Liberalism And Progressivisim, Media, Political Philosophy, Socialism

The editors of the left-liberal NEWSWEEK are congratulating themselves for “accepting” and then “thinking clearly ” about the America of 2009 becoming a more socialist country. What Golda Meir once said to someone who needed a poke in the eye applies: “Don’t be so modest, you’re not that great.”

I was under the distinct impression that Newsweek’s agitprop actively helped change hearts and minds so as to bring about the “shift that began not under a Democrat but a Republican … a trend that began under President Bush, not President Obama.” At least that last fact our agitpropists got right.

The complete editorial is “We Are All Socialists Now.”

'We Are All Socialists Now'

America, Israel, Left-Liberalism And Progressivisim, Media, Political Philosophy, Socialism

The editors of the left-liberal NEWSWEEK are congratulating themselves for “accepting” and then “thinking clearly ” about the America of 2009 becoming a more socialist country. What Golda Meir once said to someone who needed a poke in the eye applies: “Don’t be so modest, you’re not that great.”

I was under the distinct impression that Newsweek’s agitprop actively helped change hearts and minds so as to bring about the “shift that began not under a Democrat but a Republican … a trend that began under President Bush, not President Obama.” At least that last fact our agitpropists got right.

The complete editorial is “We Are All Socialists Now.”