Wen Jiabao thinks: “Is this silly boy for real? He needs psychiatric help!”
Friends, Obama (also known as the MOUTH FROM THE SOUTH) has given Chinese Premier Wen Jiabao a dressing down at APEC.
Obama demanded that: “China stop “gaming” the international system and create a level playing field for U.S. and other foreign businesses.”
Obama continued, “We’re going to continue to be firm that China operate by the same rules as everyone else,” Obama told reporters after hosting the 21-nation APEC summit in his native Honolulu. “We don’t want them taking advantage of the United States.”
Obama insisted that China allow its currency to rise faster in value, saying it was being kept artificially low which was hurting American companies and jobs.
He said China, which often presents itself as a developing country, is now “grown up” and should act that way in global economic affairs. WOW!
So there you have it. An Obama lecture directed at the fastest-growing nation in the world, one that will outstrip the U.S. in the immediate future especially given that America is bankrupt and China is the major creditor.
Let’s take some of Obama’s points. First, demanding a level playing field for the U.S. What incredible hypocrisy! The U.S. has, over a long period of time, negotiated trade deals that seriously handicap foreign nations especially the poorer ones. When it can’t get its way there, its gives its manufacturers and farmers massive subsidies while demanding other nations don’t.
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