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Comment on: BUSTER FOGHORN

When the Creditors demand Washington Pony Up, What Will They Do?

2 Comments

Saturday, June, 13, 2009 11:06 PM dawndawn writes:

Punt?

Good blog, Buster! The Chinese bumped into and damaged a sonar satellite on one of our Navy ships this weekend but it was just an accident. Had nothing to do with the fact they own us and couldn`t help themselves from giving our Navy just a little push.

Reagan drove the former Soviet Union into bankruptcy and they fell. Could this be payback? China and Russia are trading US Treasury bonds for IMF bonds. The Chinese continually chide the US about our debt they now own. My meager understanding about the Chinese is they love wealth above everything else. No wonder the normally serene and respectful Chinese students laughed at Toxic Timmy. The US is flat out broke. What will they do? Armageddon or Acopalypse Now?

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Saturday, June, 13, 2009 11:42 PM Buster writes:

China, Satellite and IMF Bonds

Thanks Dawn

Perhaps the sonar satellite incident is the beginning of that test "ole Joe" predicted.

Russia has been really hit harder than most with this recession, but China should be pretty angry over our attitude about spending.

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