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In China, Obama Meets America's Lender

Full story: CBS News

China Holds $800B in U.S. Debt and Collects $50B a Year in Interest, Leaving the U.S. with Little Political Leverage As President Obama makes his way through China this, his visit may help to highlight an often-overlooked part of the U.S.-China relationship: China's role in propping up this country's massive debt.

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Rico
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#1
Sunday Nov 15
 

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The beggar goes acourt'n, I'm sure the Chinese are having a grand time watching the 'Once-super-power' humble itself for a few dollars more!!.

The world has waited a long time to see this spectacle!!.
Bob Burns

Kunming, China

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#2
Sunday Nov 15
 

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You wriggly snake! We know your game. Try to pull us in with lying promises, then turn and bite. I have confidence our leaders will out maneuver you, and turn your tricks back on you
Yeppers

Saint Cloud, FL

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#3
Sunday Nov 15
 

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Rico wrote:
The beggar goes acourt'n, I'm sure the Chinese are having a grand time watching the 'Once-super-power' humble itself for a few dollars more!!.
The world has waited a long time to see this spectacle!!.
China can't survive without the U.S. either...Americans purchase a lot of goods made in China...With that said, who's begging who? China will get their money at some point, they know it...
lct

Peking, China

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#4
Sunday Nov 15
 

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Yeppers wrote:
<quoted text>
China can't survive without the U.S. either...Americans purchase a lot of goods made in China...With that said, who's begging who? China will get their money at some point, they know it...
Not a lot. 10%-15% of China's export. export is only count around 36% of China GDP. Do the math.
Bob Burns

Kunming, China

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#5
Sunday Nov 15
 
Yeppers wrote:
<quoted text>
China can't survive without the U.S. either...Americans purchase a lot of goods made in China...With that said, who's begging who? China will get their money at some point, they know it...
Reality check. Trade w/America accounts for 15% of our exports, and is declining fast, as we can see your not worth the bother. Bitching moaning and blaming. Anything except self-examination and responsibility. F all y'all
Govt sucks

Sebastian, FL

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#6
Sunday Nov 15
 

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Pretty sad, if corporations and politicians didn't sell america down the river, the american people wouldn't be up shits creek.
Govt sucks

Sebastian, FL

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#7
Sunday Nov 15
 
Time to get Rosetta Stone( Chinese-Mandarin). Oh no, it's made in china too.

“It's about the American People”

Joined: Jun 17, 2007

Comments: 6958

Flushing, NY

ISP: Budd Lake, NJ

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#8
Sunday Nov 15
 

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The African Muslim born communist dictator Obama who rules America with forty communist czars feels like home in communistic China that he adores for its Maoist regime that he seek to duplicate in America.
Obama who hates the American capitalistic economy and who seek to continue destroying by the taking over and destroy agenda told the Chinese regime that America is owned by China and that America lost its independence to China.
Obama told China that he needs two trillions to push the Government ruled healthcare plan and two trillions for the illegal immigrants amnesty.
Obama told China that he will need two more trillions to pay the energy when he will pass the cup and trade bill that will drive US energy corporations to bankruptcy. China suggested that America will become part of China because even the grandchildren of the American people will not be able to pay the debt to China and Obama who hates America thought that it was a good idea and that Americans should start learning the Chinese language.
Chinese government were shocked about Obama’s plan to convert America to a banana style welfare state but Obama told them that he will not talk to them about the human rights and censorship on the internet and the media because he plan to use the same for the American people.
Yeppers

Saint Cloud, FL

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#9
Sunday Nov 15
 
Bob Burns wrote:
<quoted text>Reality check. Trade w/America accounts for 15% of our exports, and is declining fast, as we can see your not worth the bother. Bitching moaning and blaming. Anything except self-examination and responsibility. F all y'all
I agree Bob, we need to stop borrowing from your beloved China...So please tell Obama while he's over there not to borrow any more money and to start cutting instead of spending...Also, tell your beloved China not to export any more products to the U.S. while their at it...And to quote the end of the article:

"The fact is that the U.S. and China are inextricably linked. The challenge is turning common interests into complimentary policies."

Joined: Sun Nov 15

Comments: 5

Minneapolis, MN

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#10
Sunday Nov 15
 

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Obama to Jintao:
"Now, let me make this clear. We are not borrowing money from you. You have more than we do. It is not fair to have more. You must pay for my programs. I give you the children and grandchildren of America in return. We have already begun teaching them to chant in Kindergarten. I will have them chant 'MMM MMM MMM - President Hu Jintao' You will be pleased, my Master."

Joined: Jul 16, 2008

Comments: 1636

Conover, NC

ISP: Hickory, NC

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#11
Sunday Nov 15
 

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I sure hope he doesn't break his back bowing down to the Chinese.

Joined: Apr 19, 2007

Comments: 36061

Saint Paul, MN

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#12
Sunday Nov 15
 

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Rico wrote:
The beggar goes acourt'n, I'm sure the Chinese are having a grand time watching the 'Once-super-power' humble itself for a few dollars more!!.
Exactly.
The world has waited a long time to see this spectacle!!.
Watch for top of Obama's head bobbing while hearing a giant Sucking Sound.

Joined: Apr 19, 2007

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Saint Paul, MN

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#13
Sunday Nov 15
 

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get fiscal wrote:
I sure hope he doesn't break his back bowing down to the Chinese.
Don't worry. He brought knee Pads and plenty O' chapstick.
Bob Burns

Kunming, China

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#14
Sunday Nov 15
 

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Yeppers wrote:
<quoted text>
"The fact is that the U.S. and China are inextricably linked. The challenge is turning common interests into complimentary policies."
I used to think so, and tried to help make it so, but now I see it won't be so. You're a lost cause. All your advanced companies and talented people are moving here, leaving all you crazies to fend for yourselves. Good luck with that socialism/stateism/populism/pr otectionism/unionism, combined with hatred, violence, anger, plus lying corrupt "leaders" and a sycophantic MSM. It's a good show on TV for the rest of us. Meanwhile life here is good like a MFer. Who laughs last laughs best. Ah ha ha

“Malon ben gek en stout... ”

Joined: Aug 5, 2009

Comments: 3374

B.A.T.A.V.I.A

ISP: Singapore, Singapore

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#15
Sunday Nov 15
 

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Obama will most likely kiss a lot of @$$ so China can buy more US debt. I don't see much happening.
Yeppers

Saint Cloud, FL

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#16
Sunday Nov 15
 
Bob Burns wrote:
<quoted text>I used to think so, and tried to help make it so, but now I see it won't be so. You're a lost cause. All your advanced companies and talented people are moving here, leaving all you crazies to fend for yourselves. Good luck with that socialism/stateism/populism/pr otectionism/unionism, combined with hatred, violence, anger, plus lying corrupt "leaders" and a sycophantic MSM. It's a good show on TV for the rest of us. Meanwhile life here is good like a MFer. Who laughs last laughs best. Ah ha ha
Well Bob, as the old sayin' goes "love it or leave it"...You left because you couldn't handle it (and we're glad you did)...I don't care for much of the "isms" and I can't stand MSM so we're in agreement there...I have no problem "fending" for myself, always have, always will...I'll let you get back to sifting through the garbage at your drywall factory job, oh, and take it easy, you're liable to burst a blood vessel getting all work up like this...
Bob Burns

Kunming, China

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#17
Sunday Nov 15
 
Yeppers wrote:
<quoted text>
Well Bob, as the old sayin' goes "love it or leave it"...You left because you couldn't handle it (and we're glad you did)...I don't care for much of the "isms" and I can't stand MSM so we're in agreement there...I have no problem "fending" for myself, always have, always will...I'll let you get back to sifting through the garbage at your drywall factory job, oh, and take it easy, you're liable to burst a blood vessel getting all work up like this...
Come on over. Check out the land of happiness freedom and reasonable prices

Joined: Apr 19, 2007

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Saint Paul, MN

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#18
Monday Nov 16
 

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Nico van Dijk wrote:
Obama will most likely kiss a lot of @$$ so China can buy more US debt. I don't see much happening.
Obama brought his knee pads.

Joined: Apr 19, 2007

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Saint Paul, MN

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#19
Monday Nov 16
 

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Bob Burns wrote:
You wriggly snake! We know your game. Try to pull us in with lying promises, then turn and bite. I have confidence our leaders will out maneuver you, and turn your tricks back on you
The already have 2 fists around the maggot Obama's neck with their purchase of his disgusting debt.

Now the magggot Obama must send his admin and himself to China for monthly BJ's so their lender may consider purchasing more.

If China stops buying, Maggot Obama's bad music stops playin' SO STOP BUYING!
lct

Peking, China

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#21
Tuesday Nov 17
 

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The laughing liberal wrote:
<quoted text>
The already have 2 fists around the maggot Obama's neck with their purchase of his disgusting debt.
Now the magggot Obama must send his admin and himself to China for monthly BJ's so their lender may consider purchasing more.
If China stops buying, Maggot Obama's bad music stops playin' SO STOP BUYING!
China stopped buying.

In Sept., Japan surpass China as the Biggest Treasury bond buyer.
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