Sunday, February 22, 2009
Our Little Match Girl
That is what Hillary Clinton has become as she piteously goes from one customer asking them to buy her matches.
U.S. Secretary of State Hillary Clinton has urged China to keep buying U.S. debt and to work with Washington in combating the global economic crisis.Such is the result of 8 years of Busho-Republican economics. We have no money left and our debt is suspect with our major creditors. Heckuva job, Bushie!
The top U.S. diplomat says Washington must incur more debt to China to boost the ailing U.S. economy and stimulate demand for Chinese products. She says it would not be in China's interest if the U.S. is unable to get its economy out of a recession.
China is the largest holder of U.S. Treasury bonds. Clinton says China's continued investment in U.S. Treasuries is a recognition of the interconnection of the U.S. and Chinese economies.
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