How Low Our National Debt Has Brought Us

by John Hawkins | February 23, 2009 10:05 am

Isn’t there something creepy and demeaning about having our Secretary of State publicly prostrating herself before the Chinese[1]?

Later, Clinton met Chinese women’s rights advocates at the US embassy but continued to steer clear of speaking on contentious human rights issues.

Instead, while taping an interview on a Chinese talk show, she focused on the need for China to help finance the massive 787-billion-dollar US economic stimulus plan by continuing to buy US Treasuries.

“Because our economies are so intertwined the Chinese know that in order to start exporting again to its biggest market, the United States had to take some very drastic measures with this stimulus package,” Clinton said.

“We have to incur more debt. It would not be in China’s interest if we were unable to get our economy moving again.”

Clinton added: “The US needs the investment in Treasury bonds to shore up its economy to continue to buy Chinese products.”

So essentially, the Obama administration is holding out a begging bowl to people who view us as rivals they’d like to see humiliated and pleading with them for their help.

Look at the leverage our debt is giving to a country that would take great satisfaction in seeing us brought to our knees and ask yourself: is there any chance that this isn’t going to somehow come back and bite us hard in the future?

These people are not our friends. These people are not our allies. These are not people who wish us well — and we’re piling on so much completely unnecessary debt that we have to rely on them to prop up our economy?

Danger, Will Robinson, Danger! Our whole way of life is being put at risk.

  1. Secretary of State publicly prostrating herself before the Chinese:

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