[quote=SD Realtor]China students literally laughed at Geitner when he was asked about the US being a reliable investment.
They LAUGHED at him.
Forget about respect and decorum.
Of course it was all over the press…. oh maybe not.
Anyways it doesn’t really matter does it. I do not believe the big rollover will happen yet. To early. The administration cannot have it happen yet… So
It will not. [/quote]
Obama can’t stop it. It’s like gravity now. If Obama tosses his size 11 Versace loafer in the air, can he keep it from falling to the ground?
That’s about how much power Obama has at this point to avert a complete meltdown. What the administration doesn’t want to happen and what WILL happen are two entirely different things at this point in the game.
Hell, we just sold the Chinese Hummer! Reportedly, the original military grade HumVee know-how still resides at Hummer. Basically, the Chinese have bought the company that knows how to build the best all-terrain vehicle ever made. So when their 1 billion soldiers are ready to kick ass, they’ll be fully-outfitted.
It would be foolish to think that Geithner didn’t have to give away the store on his trip to China this week. I imagine the conversation went something like this:
GEITHNER: So, what do we have to do to keep you guys buying our junk?
PREMIER HU: What do you think we are, fools? We’re not touching that stuff anymore unless you plan to sweeten the deal with something of real value. What else you got?
GEITHNER: Well…since we’re basically insolvent and really won’t have any money to support a war effort in the future, I guess we won’t be needing any all terrain ground transportation. We’re taking over GM (coincidentally!), so if you want the Hummer, it’s yours.
HU:We’ll take it. Let us know when NASA goes on the block. We’re interested.
The country is being gutted and dismembered by Dear Leader Obama.
