Here is a link to a very interesting Wall Street Journal article about Obama's trip through Asia. It provides a unique look at our president through different eyes than we're used to looking through: the eyes of the world vs. the eyes of the American mainstream media, which falls to its knees in worship at the very mention of his name. Here's the link.
WSJ.com - Concerns Rise Around Obama Trip*
Here's an excerpt from another Wall Street Journal article about China's opinion of America's financial management.
BEIJING -- China's top banking regulator issued a sharp critique of U.S. financial management only hours before President Barack Obama commenced his first visit to the Asian giant, highlighting economic and trade tensions that threaten to overshadow the trip.
Liu Mingkang, chairman of the China Banking Regulatory Commission, said that a weak U.S. dollar and low U.S. interest rates had led to "massive speculation" that was inflating asset bubbles around the world. It has created "unavoidable risks for the recovery of the global economy, especially emerging economies," Mr. Liu said.
It's heartbreaking to watch America go from the world's only Super Power to a cowering dog trying not to upset its master (China).
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