That’s the kind interpretation.
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“On March 13, China’s prime minister, Wen Jiabao, said he was concerned about the safety of those assets, particularly because huge economic stimulus plans could lead to soaring deficits in the United States, which could sink the dollar’s value,” reported The New York Times.
You know things are dangerously off track when even the commies in China are worried that Obama is pushing for too much government, too much spending and too much borrowing.
With China providing the warning, Sen…. Judd Gregg, who withdrew as Obama’s nominee to head the Commerce Department, stated that Obama’s proposed 10-year spending plan and soaring deficits would bankrupt the nation: “People will not buy our debt, our dollar will become devalued.”
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online