Who's Our Daddy?

Back to the current account deficit. Has anybody else noticed that we seem to be China's bitch lately?

North Korea misbehaves, so Condi huddles frantically with Beijing. "Won't you please make Kim behave, at least for a few months.

China lends us hundreds of billions of dollars each year, which we use to buy hundreds of billions of dollars worth of Chinese goods, at prices China keeps artificially low, thus driving American manufacturing out of existence, and tossing the employees out on the street.

Thanks GW. Thanks Republican Party.

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