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expatriate's picture
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Location: Arizona
Joined: 10/26/2002
Posts: 3157
Problem for Obama

Now here's a pickle brewing. Enormous portions of Obama's debt are being underwritten by China, which only sank its hooks deeper into our economy.

And now we have Navy ships being harrassed by the Chinese in international water in the South China Sea -- an area between the Spratly Islands and China's new sub base at the South end of Hainan Island.

So at what point in its saber rattling does China go Don Corleone and tell Obama to back off or suffer massive damage to his economy? All this deficit spending goes beyond social propriety and affects national security.

http://online.wsj.com/article/SB123692233477317069.html

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