Wrong.

Current Events » in reply to They are getting close to holding enough of our debt that they can dictate terms.

Wrong.

Buck Galaxy — 12/8/2005 8:29:27 AM (archived)

America is the world's economic engine. We collapse, everyone collapses. Investment in strategic industries is a concern but not purchase of American debt.

The whole thread (82 posts)

Worst President Ever? - alcaray - 12/7/2005 6:02:23 PM
- You know I've gotten no work done since this thread started... - Scott Evil - 12/9/2005 4:25:52 PM
  - Hey, you won't be the first one......... (n/t) - Lindy - 12/10/2005 5:23:49 AM
- Top Ten Reasons why Bush is the worst president - SteveS - 12/8/2005 5:23:21 PM
  - One correction... - Tom Brosz - 12/8/2005 5:55:26 PM
  - Rosy view! (n/t) - alcaray - 12/8/2005 5:48:23 PM
    - It is a nice change from the constant negative views from the pessimist. nt (n/t) - REB - 12/8/2005 6:13:08 PM
      - Well counting topics above the line... - alcaray - 12/8/2005 6:34:34 PM
        
        It's a tough job, but somebody has to do it. (n/t) - Tom Brosz - 12/8/2005 7:59:09 PM
        
        Not complaining at all. I'm with you on this. (n/t) - alcaray - 12/8/2005 11:46:45 PM
- Academics hate Bush. Film at 11:00 (n/t) - Tom Brosz - 12/7/2005 10:19:26 PM
  - Occam's Razor - Robert - 12/8/2005 9:13:17 PM
    - Incidentally... - Tom Brosz - 12/8/2005 10:18:03 PM
    - re: Occam's Razor - Tom Brosz - 12/8/2005 10:15:00 PM
  - Anyone with a shred of humanity hates Bush. Guess who doesn't? (n/t) - Bowser - 12/8/2005 5:06:51 AM
    - At least Bush isn't shredding humans, but he did stop Saddam from doing it. - REB - 12/8/2005 4:51:57 PM
      - Not shredding, as such - alcaray - 12/8/2005 9:25:25 PM
        
        re: You got to be kidding - SteveS - 12/9/2005 12:50:21 AM
        
        Anyhow, you should thank me for giving you something to b***h about - alcaray - 12/9/2005 4:14:00 PM
        
        re: Does this mean I have to lose my bedside bush doll? - SteveS - 12/9/2005 5:56:12 PM
        
        Up to you (n/t) - alcaray - 12/9/2005 6:42:29 PM
        
        Your attacking Clint Eastwood there brother... - Scott Evil - 12/9/2005 4:23:20 PM
        
        Ahh, man. Scott gets away with this stuff all the time. (n/t) - alcaray - 12/9/2005 3:56:58 PM
        
        What?!? - Scott Evil (Economic Optimist) - 12/9/2005 4:22:15 PM
        
        Thanks for binging up Tookie! - Scott Evil (Compassionate one) - 12/8/2005 9:48:49 PM
        
        More about Tucker than Tookie - alcaray - 12/8/2005 10:14:04 PM
        
        P.S. Keep in mind that I am really opposed to the death penalty! - Scott Evil (Compassionate one) - 12/8/2005 10:05:09 PM
      - re: At least Bush isn't shredding humans ... really? - Laurie Street - 12/8/2005 7:49:48 PM
        
        So every president that has sent troops in harms way is a shredder? (n/t) - SteveS - 12/9/2005 12:58:43 AM
        
        He was referring to civilians... (n/t) - R.L. - 12/9/2005 2:22:20 AM
        
        re: As was I... (n/t) - SteveS - 12/9/2005 1:03:33 PM
        
        Corrected @#$% HTML - Laurie Street - 12/8/2005 7:52:30 PM
        
        Don't be silly, they aren't human... - R.L. - 12/8/2005 9:28:47 PM
  - re: Academics hate Bush. Film at 11:00 - azstrummer - 12/7/2005 11:35:58 PM
    - re: Academics hate Bush. Film at 11:00 - Tom Brosz - 12/8/2005 1:32:42 AM
- re: Historians have a good understanding of the past-it's their job - Raoul - 12/7/2005 9:27:29 PM
  - Well, there was Tonkin and San Pablo. - alcaray - 12/7/2005 10:15:32 PM
  - re: those who were responsible for 9/11 had no links with Iraq. - Scott Evil - 12/7/2005 9:42:12 PM
    - re: those who were responsible for 9/11 had no links with Iraq. - azstrummer - 12/7/2005 11:57:12 PM
      - re: those who were responsible for 9/11 had no links with Iraq. - Tom Brosz - 12/8/2005 10:19:45 PM
        
        re: those who were responsible for 9/11 had no links with Iraq. - azstrummer - 12/9/2005 4:22:03 AM
        
        Saddam launched missiles at Israel during the first Gulf War. - Tom Brosz - 12/10/2005 8:34:12 PM
        
        re: to lose that getting into a WMD pissing match with a superpower just is way too counterproductive. - Scott Evil - 12/9/2005 3:45:32 PM
        
        re: to lose that getting into a WMD pissing match with a superpower just is way too counterproductive. - azstrummer - 12/10/2005 4:48:28 PM
        
        You guys need to pick one perp and stick with him. (n/t) - alcaray - 12/9/2005 12:16:45 AM
      - I admit. We made a mistake. there wern't WMD at the time of the invasion. - Scott Evil - 12/8/2005 3:02:14 PM
- Trying to rate the present from a historical perspective is like trying to predict the future. - REB - 12/7/2005 6:14:22 PM
  - In part - Robert - 12/8/2005 9:33:15 PM
  - By then we'll be bankrupt and China will have the power we once had (n/t) - Lindy - 12/7/2005 6:45:11 PM
    - Used to hear all these exact same worries about Japan. (n/t) - Tom Brosz - 12/8/2005 5:56:46 PM
    - How do you figure? - REB - 12/7/2005 6:59:34 PM
      - "Our economy is strong" - Lindy - 12/8/2005 2:55:44 AM
      - They are holding a great deal of our govt debt. - alcaray - 12/7/2005 10:09:49 PM
        
        Debt is denominated in our currency- that makes a HUGE difference - Buck Galaxy - 12/8/2005 8:26:15 AM
        
        How would I feel? Like China owed me a lot. (n/t) - alcaray - 12/8/2005 6:50:25 PM
        
        The West currently invests quite a bit in Chinese economic growth... - Buck Galaxy - 12/10/2005 6:47:26 AM
        
        Where will they invest their money? - Scott Evil - 12/7/2005 11:32:11 PM
        
        Can't get your post to make sense - alcaray - 12/7/2005 11:49:29 PM
        
        re: Can't get your post to make sense - Scott Evil - 12/8/2005 3:09:34 PM
      - re: How do you figure? - Laurie Street - 12/7/2005 7:09:15 PM
        
        re: How do you figure? - REB - 12/7/2005 7:11:24 PM
        
        I agree with REB - Scott Evil (Environment Killer) - 12/7/2005 8:24:53 PM
        
        re: I agree with REB - azstrummer - 12/8/2005 12:16:15 AM
        
        re: There is no housing bubble. - Scott Evil - 12/8/2005 3:21:28 PM
        
        re: There is no housing bubble. - azstrummer - 12/9/2005 4:41:32 AM
        
        re: Immigration policy - Scott Evil (Compassionate Conservative) - 12/9/2005 3:40:02 PM
        
        re: Immigration policy - azstrummer - 12/9/2005 10:40:14 PM
        
        I think I'm starting to understand your view - alcaray - 12/8/2005 3:42:43 PM
        
        Stand back from the brink! - Tony - 12/8/2005 7:23:16 PM
        
        re: I think I'm starting to understand your view - Scott Evil - 12/8/2005 4:26:03 PM
        
        Yes. Neither of you understood Lindy's post. (n/t) - alcaray - 12/7/2005 10:12:52 PM
        
        re: How do you figure? - Laurie Street - 12/7/2005 8:15:33 PM
        
        Why do you think that the national debt in the hands of Chinese and/or Japanese investors is a bad thing? - Scott Evil - 12/7/2005 8:29:14 PM
        
        They are getting close to holding enough of our debt that they can dictate terms. - alcaray - 12/7/2005 10:11:41 PM
        
        Wrong. - Buck Galaxy - 12/8/2005 8:29:27 AM
        
        Oy! This has nothing to do with any Chinese investment in American corporations - alcaray - 12/8/2005 3:45:31 PM
        
        re: Foreign ownership of US assets. - Scott Evil - 12/8/2005 3:29:54 PM
        
        Then why are interest rates low in the USA? - Scott Evil - 12/7/2005 11:26:29 PM
        
        Doesn't have anything to do with balance of trade, either. - alcaray - 12/7/2005 11:53:06 PM
        
        Their ownership of US government notes has everything to do with the balance of trade. - Scott Evil - 12/8/2005 3:18:05 PM
        
        Curious: how do you feel about the oil embargo in the 70s? - alcaray - 12/8/2005 3:48:10 PM
        
        re: The oil embargo of the 70s did have consequeces. - Scott Evil - 12/8/2005 4:15:39 PM

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