Monday, February 23, 2009

Clinton Urges China to Continue Investment in U.S. Economy

Not only is it disturbing that a Clinton chooses to visit Asia, (i.e.China!!)
as their first choice as an Obama cabinet member. Yea, I know she is Secretary of State. Duhhhh. I can't believe I have to talk about the Cintonnnn's, will they ever go away? argggg. See now they made me a pirate. :) Does anyone, out there, out there, remember the secrets that were leaked to China during Billy Boy's reign of terror? What about the Air Force fighter jets that the Chinese still have in their commie little hands?

From Fox News:

BEIJING - Secretary of State Hillary Rodham Clinton is urging China to continue investing in United States Treasury bonds and said Sunday that country's continued investment in the U.S. is a recognition that the two countries depend on each other.

"I certainly do think that the Chinese government and central bank are making a smart decision by continuing to invest in treasury bonds," she said during an interview with the show "One on One." "It's a safe investment. The United States has a well-deserved financial reputation."

In order to boost the economy, the U.S has to incur more debt, she said. "It would not be in China's interest if we were unable to get our economy moving," Clinton said. "So by continuing to support American Treasury instruments, the Chinese are recognizing our interconnection. We are truly going to rise or fall together. We are in the same boat and, thankfully, we are rowing in the same direction.

"Our economies are so intertwined, the Chinese know that to start exporting again to their biggest market, namely the United States the United States has to take some very drastic measures with this stimulus package, which means we have to incur more debt."


China is not our Friends......