Monday, October 07, 2013

China Warns Barack theTerrible about Defaulting on U.S. Debt

This story ought to embarrass every one of us:
China, the biggest foreign creditor of the United States, has waded into the American budget crisis, warning Congress that it must resolve the political impasse over the debt ceiling without further delay.
The Chinese Vice Foreign Minister, Zhu Guangyao, told America’s deadlocked politicians on Monday that “the clock is ticking” and called on them to approve an extension of the national borrowing limit before the federal government is projected to run out of cash on 17 October.
“We ask that the United States earnestly takes steps to resolve in a timely way the political issues around the debt ceiling and prevent a US debt default to ensure the safety of Chinese investments in the United States,”  Mr Zhu told reporters in Beijing. “This is the United States’ responsibility,” he added.
Forty years ago, these folks were a laughable third-world craphole. Now they are lecturing us about our debt. A bunch of communists hold the fate of our economy in the palm of their collective hand to the tune of $1.3 trillion -- that's trillion with a "T", Barry.

Well, we allowed Vlad the dictator -- a guy who presides over a legacy of tens millions dead in his country in the name of communism -- to lecture us on foreign policy. Might as well let the former third-world commie crap hole that regularly violates the human rights of its citizens in the most heinous of ways to lecture us on our debt. This is the world as it should be according to Barack Hussein Obama. 

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