On 8/3/2011 8:27 PM, Canuck57 wrote:
On 03/08/2011 2:05 PM, LilAbner wrote:
On 8/3/2011 2:47 PM, X - Man wrote:
On 8/3/11 2:23 PM, wrote:
On Wed, 03 Aug 2011 09:07:14 -0600,
wrote:


Not only has China reduced the US credit rating, they have reduced
their
holdings of US debt. Once as high as $2.1 trillion, now only $1.15
trillion as everyone knows, USD is experiencing Bernanke currency
fraud.
No one buys US treasuries any more, Bernanke prints it.

The Bernake doctrine of inflation causing unemployment:
http://en.wikipedia.org/wiki/Bernanke_Doctrine

http://timesofindia.indiatimes.com/w...ow/9470675.cms




Moody was paid off of course, but given Moody failed to warn Enron,
GM,
GMAC, Chrysler, Greece and others, no wonder no one trusts a Moody
rating. Lets see if S&P is a better service.

It is sad that so many believe the road to wealth is paved with debt.
They will only find poverty at the end of that road.

As though China's agency is that important - a country that
artificially lowers the value of the Yuan. It's ok for them to have a
weak currency, but when the US dollar devalues, the world ends,
according to morons like you.

In any case, thanks to the wackos for the manufactured debt ceiling
crisis - the nutcases "win" by damaging the US economy and destroying
jobs. Good show!


The GOP congressional leaders said just that, that they would do
anything to help prevent Obama's re-election, and that included further
damaging the US economy.

Washington only listens to Wall Street and it could care less about an
"America." We have hedge funds gaining global monopoly on basic
commodities.
We have every other nation, on earth looking out for their best
interest, except the one's falling apart like Greece and us.
China has always been playing economics with global strategic advantage
as the Marxist goal.
Share the wealth or really share the poverty, instability and struggle
with all those places that never went anywhere except with our handouts.
China would still be a third world beggar if not for Kissinger and Nixon
and Globalists.
We shared or gave our wealth now we are sharing their poverty
insecurity, creeping socialism or communism, reduced or eliminated
American Dream for our kids.
Thank a Globalist merchant or Banker.

You just can't admit China with all of its civic, provincial and federal
combined debt of $1.55 trillion and $2.6 trillion in foreign assets to
offset it balance sheet in the green, is just a better economically
managed country.

Who you have to thank is Bernanke and the fleabaggers who signed away
America's future to more debt. Now DC can't even pay real money for its
debts, as Bernanke has to counterfeit it or the US treasuries will not
be bought.

You should see what the Russian and Chinese papers say about America's
delinquent debtors and the ponzi fraud scheme.

Fact is, too much debt, corruption, incompetence and bailouts. While US
was bailing out GM, China was building the worlds largest power
generating dam and have something to show for it.

I'm not interested in how efficient China is. The trains ran on time
when Lenin ran Russia too.
Our wealth has fled because we had no choice. American production and
jobs was bought out. Washington aided and abetted the elimination of
American production and jobs for benefit the globalists' economy.
I'm not interested in the success of anyone other than Americans and
America first. China and everyone else has been looking out for themselves.
Washington has not been looking out fro America. It has been the global
economy since Carter.