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Jun 4 2009

Tiananmen Square 20th Anniversary

256-tiananmen-square.jpg

With today being the 20th anniversary of the the Chinese government's massacre of innocent protesters at Tiananmen Square, I was curious how President Obama would respond. What words of wisdom would he read from his teleprompters?

*crickets chirping*

Nothing. President Obama is too busy on his second Sorry-Muslims-America-Sucks tour to take notice of the 20th anniversary of Tiananmen Square. Even if he wasn't busy bad-mouthing American abroad, Obama still wouldn't have said anything. He's too dependent on the Chinese communists to purchase his never ending billions of dollars of dept.

This year alone Obama will rack up a budget deficit -- for just this year -- of $1.8 trillion. That's four times greater than any other year...not 40% greater, which would be outrageous...but, rather, more than 400% greater! Of course he's not going to tweak the Chinese about their abysmal human rights record. He can't, he (we) have sold ourselves to the Chinese.

Earlier this week, the U.S. Treasury Secretary Timothy-the-Tax-Cheat-Geithner was in China speaking at Peking University. With China being the largest foreign owner of U.S. Treasury bonds they are, understandably, concerned that the United State's mushrooming budget deficit and ultra-loose monetary policy will undermine the value of their investment. Not to mention that our Commander-in-Chief doesn't exactly think a "bond" means what it's supposed to mean as has been evidenced by his screwing of auto industry bond holders in favor of unsecured creditors. Geithner assured the crowd: "Chinese financial assets are very safe." His comment drew laughter from the audience.

Posted by Don |

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