Is the Kettle Calling the Pot Black?

Bloomberg) - China, the largest foreign investor in U.S. government securities, joined Russia in criticizing American policy makers for failing to ensure borrowing is reined in after a stopgap deal to raise the nation’s debt limit.

People’s Bank of China Governor Zhou Xiaochuan said China’s central bank will monitor U.S. efforts to tackle its debt, and state-run Xinhua News Agency blasted what it called the “madcap” brinksmanship of American lawmakers. Russian Prime Minister Vladimir Putin said two days ago that the U.S. is in a way “leeching on the world economy.”

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What a joke! The Chinese are headed for the biggest economic bubble burst of all time and the Russian Communists nearly destroyed their country and had to borrow money from the West over and over again. According to the Communists leeching is worse than the millions of Russian people used for canon fodder by Stalin and his Communist lackeys during WWII. The dollar might not be in the best shape but it is in much better shape than their currency.

We no longer charge premiums on imports thanks to the free trade act. So, why would any producer run a business here when they can find workers for $0.10 an hour and pay no USA taxes to boot. Do we all remember when imported ment expensive? Now the best part, we give all the foreign businesses tax breaks to sell there cheap products here, do not regulate the products ( so they sell us lead contaminated products ) and now because they're facing inflation they want to blame us. No thanks for giving us all your blue collar jobs. Noooo we get complaints about how unstable our economy is. In closing, I say THANK YOU to all the selfish countries for helping us achieve our current standing, AND I HOPE YOU LOOSE YOUR SHIRT WHEN THE USA DEFAULTS ON OUR LOANS! That will the make the playing field level so that MADE IN THE USA products become the dominant products sold in the great USA.

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Ivy Pastore August 4, 2011 at 8:46am

We no longer charge premiums on imports thanks to the free trade act. So, why would any producer run a business here when they can find workers for $0.10 an hour and pay no USA taxes to boot. Do we all remember when imported ment expensive? Now the best part, we give all the foreign businesses tax breaks to sell there cheap products here, do not regulate the products ( so they sell us lead contaminated products ) and now because they're facing inflation they want to blame us. No thanks for giving us all your blue collar jobs. Noooo we get complaints about how unstable our economy is. In closing, I say THANK YOU to all the selfish countries for helping us achieve our current standing, AND I HOPE YOU LOOSE YOUR SHIRT WHEN THE USA DEFAULTS ON OUR LOANS! That will the make the playing field level so that MADE IN THE USA products become the dominant products sold in the great USA.

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