Reply #3: This is a huge story that should be front page news but many folks

[dandrhesse]

don't understand the importance of the statement. I just read the other day that China outpaced us last month as the nation that imported the most goods from Japan. That is so significant. The only thing at this point that we have to offer the world is our consumerism. Except, Bush and his policies have created a monster debt and guess who one of our huge bankers is, that's right China.

So, let's see, China says our dollar isn't worth as much, we have a trade deficit with China, China and Russia are building alliances, and China owns a significant portion of our debt which puts us in a position to demand what? That's right, nothing.