FASCISM |
"We the corporations" On January 21, 2010, with its ruling in Citizens United v. Federal Election Commission, the Supreme Court ruled that corporations are persons, entitled by the U.S. Constitution to buy elections and run our government. _________________________________ MOVE to AMEND
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China has ‘canceled US credit card’: lawmaker
OPS_admin | May 01, 2009 | Comments 0
OPS: This is from a republican lawbreaker so you need to take it with a hugh grain of salt. Remember how to tell if a republican is lying…watch his lips moving!
China has ‘canceled US credit card’: lawmaker
China, wary of the troubled US economy, has already “canceled America’s credit card” by cutting down purchases of debt, a US congressman said Thursday.
China has the world’s largest foreign reserves, believed to be mostly in dollars, along with around 800 billion dollars in US Treasury bonds, more than any other country.
But Treasury Department data shows that investors in China have sharply curtailed their purchases of bonds in January and February.
Representative Mark Kirk, a member of the House Appropriations Committee and co-chair of a group of lawmakers promoting relations with Beijing, said China had “very legitimate” concerns about its investments.
“It would appear, quietly and with deference and politeness, that China has canceled America’s credit card,” Kirk told the Committee of 100, a Chinese-American group.
“I’m not sure too many people on Capitol Hill realize that this is now happening,” he said.
via The Raw Story | China has ‘canceled US credit card’: lawmaker.
Filed Under: Economy - Labor
