<quoted text>Now you're just making shit up. you lose.
It's sad that we have such poor citizens as you in this country. It is people as stupid and uninformed as you that are holding our country back, not any president or politician, it is you.
Obama got down on his knees, bowed and begged China to buy the Debt.
If they didn't buy, the music would have stopped and Obama would have been exposed in his big red clown shoes. No. China protected itself by Buying Obama.
"U.S. lets China bypass Wall Street for Treasury orders"
By Emily Flitter
NEW YORK | Mon May 21, 2012 3:35pm EDT
(Reuters)- China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury's first-ever direct relationship with a foreign government, according to documents viewed by Reuters.
The relationship means the People's Bank of China buys U.S. debt using a different method than any other central bank in the world.
The other central banks, including the Bank of Japan, which has a large appetite for Treasuries, place orders for U.S. debt with major Wall Street banks designated by the government as primary dealers. Those dealers then bid on their behalf at Treasury auctions.
China, which holds $1.17 trillion in U.S. Treasuries, still buys some Treasuries through primary dealers, but since June 2011, that route hasn't been necessary.
The documents viewed by Reuters show the U.S. Treasury Department has given the People's Bank of China a direct computer link to its auction system, which the Chinese first used to buy two-year notes in late June 2011.
They knew they had a puppet president in pocket the minute he cowtowed to their leaders. They also know America's Trade Imbalance favors China Big Time.
They wanted to make sure Obama had stimulus money to start Solar companies that would take Obama's Money THEN MOVE TO CHINA!
Yep, let's keep talking about obama's record..