Bush restores trade balance with China... by selling them Taiwan.
Taiwan must be worth a fortune in consumer goods and loans to keep our welfare state running.
Bush raps Taiwan over referendum as he meets China's premier Mr Bush said: "We oppose any unilateral decision by either China or Taiwan to change the status quo, and the comments and actions made by the leader of Taiwan indicate that he may be willing to make decisions unilaterally, to change the status quo, which we oppose."
Bush pushes Taiwan to cancel referendum President Bush, emerging from a White House meeting with Chinese Premier Wen Jiabao, warned Taiwan yesterday in unusually blunt terms to drop its plans for a voter referendum that China views as a step toward the island proclaiming its independence.
Remember, when I said few days ago:
Net foreign investment fell to $4.2 Billion in September... In August, the figure stood at $49 billion... And in July, it stood at $73 billion.
The foreign investment in U.S. Treasuries fell to $5 billion in September from August's $25 billion. The average monthly figure for the last 12 months as been around $40 billion. Any way you cut this data, it all says the same thing - the U.S. is finding it difficult to finance their Current Account Deficit
I guess that's the way we go about fixing the problem.
I wonder why nobody cared to comment on that over the last two days. Oh wait - here is the search results:
Yeager: Bush is finally begining to talk and act like a seasoned president. Per remarks made today with China about Taiwan. Yes, he certainly does sound like a seasoned scoundrel and tyrant - selling allies to the communists, denying people the right to self-determination and democracy through referendum, insisting on the opressor's consent to free the opressed. Whatever necessary to keep chinese happy and buying US treasury bonds.
What do you think about Hitler and Chechoslovakia, Yeager? Of course, I know you approve. Thank God we did not have some "spoiled immature brat from vermont without nary a clue" who could have gotten all upset and confronted Hitler over that annexation.
miko