Since I am not one of the great economic thinkers of our time, I will approach this from my small perspective of a situation.

On forums and dicussions I have found many who believe that the US is Mortgaging the future to the Chinese. Why? the usually state the fact of how much consumer products that this country gets from China. They say that companies like Wal-Mart are helping this take over by giving them a massive outlet for their goods. Recently a lot has come to liight about the products being unsafe and being recalled. I hear people say companies like Microsoft, IBM, et al are also part of this, because they are biulding massive production centers in China as well as outsorcing jobs, that are much needed in the US.

All of this accussations may have some merit, but I feel there is some other problem that nneeds to be brought forward. Do tell, Professor. Alrighty then, ever heard of the Bank Of China? It has over 1.5 million depositors and that would mean a least a ba-zillion dollars on call. And your point is, Professor? The Bank Of China owns a bunch of American mortgages. SOOOO! If the market goes south and the Chinese get really nervous it will effect the American economic in a most horrible way. If the Chinese start getting out of the business then look for a massive drop in the markets. And I do mean massive!

This situation is why, IMO, that the Bank Of America just pumped $2 billion into Countrywide the country’s largest mortgage company. This is an attempt to stabilize the markets. No matter what you would like to call it, it is still a bail out of the sub-prime market and a bail out of the mortgage industry.

China is slowly taking control of the US economy, and should be watched closely for this situation is postponed and not solved.

CHUQ

Everybody and their little sister has calling Maliki a worthless limp of sh*t, well, not in those words, but I do tend to flourish my words.

President George W. Bush, under pressure to show results in the unpopular war or start bringing troops home, also urged Maliki to do more to bring together Iraq’s warring Shi’ite Muslim majority and minority Sunni Arabs.

As the diplomatic heat rose, violence in the country continued. A suicide bomber killed 20 people in an attack on a police headquarters in Baiji, and 14 U.S. military were killed in a helicopter crash in northern Iraq blamed on mechanical failure, the worst incident of its kind since January 2005.

With Crocker three weeks away from delivering a pivotal progress report to Congress that could signal a change of U.S. policy in Iraq, Bush also said there was “a certain level of frustration” with Iraq’s leadership.

Maliki’s response was blunt. “The Iraqi government was elected by the Iraqi people,” he told reporters in the Syrian capital.

You go boy! But sorry bud, it is too little too late! At least in the eyes of Washington. They have to sell the war again in September when Patraeus shows up with his truckload of crap. They will need a scapegoat and guess what Mr. Maliki, you be it!

The Administration has slowly but slowly worked the press to the point that it is reporting how successful the surge is going. Bush is playing the media like the cheap ass drum it is, so no matter which way the report goes, the Admin has it covered and they can claim success. You would think that seasoned journalist would be smarter than that. HUH?

Think I am being a doom and gloom person, just wagtch the proceedings on CSPAN. And then keep an eye on the Congress. If you are surprised by the outcome of the report hearings, then may I suggest that you stop flogging your jolly and keep up!

The American people, as a whole, are idiots when it comes to World Politics, sh*t they cannot even keep up with national politics, so how could they be expected to see the world as it really is, not as some microcephalic Bambi tells them it is? Remove your head from your ass! Take a whiff of fresh air, once in awhile.

CHUQ

Recently, your President finally found a compariosn of Iraq to Vietnam. Well done, Bambi! He said that if we pull out of Iraq as we did in Vietnam then thousands will die, as they did in VN and Cambodia and points north.

First of all, does he read or watch the news? Apparently not! Thousands are already dying because we are there. thousand s are maimed because we just had to topple Saddam. So Bambi, I would say that part of the argument is pretty lame.

He cited democracies in the region like Japan, Korea and Vietnam. Vietnam? You know that communist country where over 50,00 Americans died. You know the country that we brought democracy to through the communists. Come on Bambi, you gotta do better. OK how about Japan? Democracy was forced on them also, no resistence because of WWII and the big bomb thing. They would have agreed to anything. Maybe Bambi should consider a nuke for Iraq, they would become devastated and we could have our way with them. We helped Korea and out reward was the continuing troop deploy for their protection. SH*T! that could be Iraq!

I need to point out a few things here. The US was never in Cambodia, that is the story and they will stick to it. The constant bombing of Cambodia and Laos by B-52’s was one of the reasons for the growth of Khmer Rouge ans Pathet Lao. So the US policies were the cause of the rise of these organizations. Sound familiar?

And then there was the famous “Domino Theory”. This stated that if Indo-China fell to the commies then the rest of the world was in jeopardy. How did that work mout for them? It was BULLSH*T then it is BULLSH*T now! Sorry guys, but Uncle Ho only wanted his country, Vietnam to be a complete country. He had NO aspirations of world domination. Does that mean the Government lied? You f*cking decide!

This will probably be effective to the run of the mill voter. Is it true? Not a f*cking word!!!!!

I have spoken–I can because I was there–Bambi is full of sh*t!

CHUQ