Redstate

Posted at 9:54am on May 12, 2008 China Overheats

No End In Sight

By blackhedd

Several worrisome trends in the Chinese economy that have been in place for nearly a year and a half are charging ahead with no end in sight. Here’s a news story about it.

In a word: inflation. China simply has too much money, and not enough economy. That’s putting tremendous strain on the government, which controls the economy tightly. And it’s opening up big questions about whether the country can continue its historically-unprecedented rate of change.

More…

Posted in China | Economy | foreign exchange | inflation | Olympics | yuan — Comments (16)/ Email this page » / Read More »

Posted at 12:16pm on Apr. 10, 2008 The Obama Kowtow -- is he actually throwing the country under the bus to benefit Chicago?

By Erick

Hmmmm . . . .

I posted earlier today about Obama kowtowing to the Chinese. He doesn't want to say anything mean to the Chinese because, in his words, "It's very hard to tell your banker that he's wrong."

But in 2006, Obama took the Chinese to task over all their faulty products -- the lead paint in toys, the poisoned drugs and food, etc.

Why the change?

Moe Lane offers a clue.

The junior Senator from Illinois has a particularly tricky balancing act when it comes to the subject of the Olympics: Chicago is vying to host the 2016 games and one of Obama's top campaign advisors and close friends, Valerie Jarrett, is the vice chair of Chicago's bid committee.

If he's willing to throw his grandmother and staffers under the bus so easily, I guess he's also willing to throw the country under the bus when it's convenient.

How delightful.

The problem, of course, is that he's already signaled to our enemies in the Middle East that his policy as President will be to tuck tail and run home from fights. He exacerbates it by doing the same to China. I await his capitulation to Hugh Chavez next.

Posted in 2008 | chicken **** | China | kowtow | Obamafiles | Olympics — Comments (17)/ Email this page » / Read More »

Posted at 9:17am on Apr. 10, 2008 Barack Obama Kowtows to Chinese: Not fit to lead the land of the free and the home of the brave.

By Erick

Barack Obama's spine is apparently made of jello. No wonder the guy's wife has never been proud of America and thinks people are really mean. Heck, her husband is ready to hand the keys to the nation over to China and welcome them as our communist overlords.

While Clinton is out urging the President to boycott China, Obama refuses to do so. Why? Because he doesn't want to offend our banker.

"It's very hard to tell your banker that he's wrong," Obama said, after talking about the need to restore America's stance in the world, "And if we are running huge deficits and big national debts and we're borrowing money constantly from China, that gives us less leverage. It give us less leverage to talk about human rights, it also is giving us less leverage to talk about the uneven trading relationship that we have with China."

Here's the deal Barack: as one of the other contributors here said the other day, when you owe the bank $1 million, the bank owns you. When you owe the bank $1 trillion, you own the bank.

If Hillary were smart, she'd play this up huge in North Carolina and Pennsylvania.

If Barack Obama will not stand up to the Chinese for their persecution of Christians, Tibetans, Falun Gong, and their persecution of people in general who speak out against their government, he is not fit to lead the land of the free and home of the brave.

Why? Because if Barack Obama is too intimidated by a bunch of communist Chinese, he is a wuss.

Posted in 2008 | chicken **** | China | kowtow | Obama | Obamafiles | Olympics — Comments (6)/ Email this page » / Read More »

Posted at 5:41pm on Apr. 9, 2008 Apparently, I don't agree with Obama that Bush should boycott the Olympic Opening Ceremony, after all.

It's my fault, really. I made an assumption.

By Moe Lane

I assumed that, simply because the status of Tibet under the PRC is a hot-button issue for progressives; and because the progressive movement is taking this opportunity to bring up the status of Tibet, loudly; and because it is also a hot-button issue that I happen to agree with; I expected, therefore, that my endorsement of Speaker Pelosi and Senator Clinton's call for the President to boycott the opening ceremonies would be very likely shared by Senator Obama.

Silly me.

Obama has not followed Clinton's lead in calling for an opening ceremony boycott to protest China's human rights abuses in Tibet and Darfur.

"It's very hard to tell your banker that he's wrong," Obama said, after talking about the need to restore America's stance in the world, "And if we are running huge deficits and big national debts and we're borrowing money constantly from China, that gives us less leverage. It give us less leverage to talk about human rights, it also is giving us less leverage to talk about the uneven trading relationship that we have with China."

Obama never once mentioned the Olympic Games in his response.

(H/T: Glenn)

I will admit surprise, however. It seems such an obvious stance for the man to take...

The junior Senator from Illinois has a particularly tricky balancing act when it comes to the subject of the Olympics: Chicago is vying to host the 2016 games and one of Obama's top campaign advisors and close friends, Valerie Jarrett, is the vice chair of Chicago's bid committee.

Oh.

(pause)

It's like the man combines the worst qualities of the machine and reform politician. You get all of the mutual back-scratching and none of the mutual loyalty; and all of the self-serving twaddle, but none of the overriding moral sense.

Roll on August.

Posted in 2008 | Obamafiles | Olympics | Soo-eee! Soo-eee! Soo-eee! — Comments (22)/ Email this page » / Read More »

Posted at 10:49am on Apr. 8, 2008 The President of the United States Should Not Go To the Olympics

To Do So Would Be A Propaganda Victory For the Chicoms

By Erick

We find ourselves in the nearly unique position of agreeing with Hillary Clinton and Nancy Pelosi. Like stopped clocks, we think they can be right twice in a day and their minute has come. President Bush should not go to Peking for the Olympics.

Unfortunately, there will be a visceral reaction by some on the right because Nancy Pelosi and Hillary Clinton are calling for the same thing. There should not be. In fact, the right, which has spent the better part of the last hundred years fighting for freedom around the world, should own this issue. The Chinese autocrats are ruthless dictators seeking international legitimacy despite the terror they pour into Tibet and the human rights abuses they encourage in their own country.

Read on . . .

Posted in China | Foreign Affairs | Olympics | President Bush — Comments (49)/ Email this page » / Read More »

Posted at 10:14am on Apr. 4, 2008 Colbert has the "word" on the Beijing Olympics

By Feddie