Posted by
The New THOMA$ REPORT on Wednesday, December 02, 2009 4:27:54 PM
And the communist Chinese (the government) are rejoicing. They SAY that is an indication that “capitalism doesn’t work.” But it’s not. It’s a reflection of Obama’s movement toward collectivism (socialism, fascism). And communist China will be the biggest beneficiary because they’ve been buying up American debt, putting us in debt to them. The Communist Manifesto said that “to enslave America (or anybody else), get them in debt to you.” That’s what communist China is doing, using our own capitalist system against us. As Obama spends more and more money we don’t have, he is playing further and further into their hands. Soon the American dollar will die and the world will run on the Euro, or even CHINA’S currency. (
Yahoo News/AP)