Biden wants to sell USA to China so to bankrupt the USA?

SaveUSA · Aug 25, 2011

Biden wants to sell USA to China so to bankrupt the USA? by enslaving it to China

Many analysts viewed Biden's trip as a tour to convince China, the largest foreign holder of U.S. debt, that its investments are safe after a bitter political debate in Washington over U.S. debt and deficit problems sparked a credit downgrade.

http://news.yahoo.com/dont-count-u-japan-biden-tells-world-033548953.html
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But his key theme was, as it has been throughout his five-day visit to China, economic: That the United States can reverse its high debt and low growth, and that China should play a part.
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http://www.thesudburystar.com/ArticleDisplay.aspx?e=3267640

I ask therefore: Why is Obama giving money to China and borrows from China too?

waltky · Oct 7, 2011

You tell `em, Joe...

Biden: Weak U.S. Economy Partly Due to Concern Over Real Estate Bubble in China
October 6, 2011 Vice President Joe Biden said the U.S. economy continues to slide, in part, because of economic uncertainty abroad, including concern over a real estate bubble in China.

He made his remarks on Thursday in response to questioning by NBCs David Gregory at a Washington Ideas Forum at the Newseum in Washington, D.C. Gregory asked Biden: Why is the economy getting worse? Biden mentioned domestic issues, such as the congressional battle over raising the debt ceiling in July and then the downgrading of the nations credit rating in August.

He then discussed foreign problems that he said were "not within our power" to correct but are "within our orbit" of concern, such as the economic turmoil in Greece and other countries, the concerns of the European banks, and an apparent housing market problem in China. There are roughly, depending on the estimate, 30 to 50 million apartment units in China that are vacant and people are worried about the real estate bubble there, said the vice president.

Biden then said the economy would improve if President Barack Obamas $447-billion jobs legislation, the American Jobs Act, were passed by Congress because the bill would, according to some economists, create between 1.7 and 2 million jobs. Most of those jobs would be public sector, government jobs.

"We can now give it [the economy] a jump start by passing this jobs bill," said Biden. "The things that we can control are the things that frustrate me the most that we are not able to get done." The legislation would, Biden said, increase the growth of the GDP by up to a couple percentage points. The cost of $447 billion, however, is 2.97 percent of the current GDP: $15.01 trillion.

Source
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See also:

Biden on U.S. Economy: We Have Turned It Around
October 6, 2011 When pressed by NBC Meet the Press moderator David Gregory about the Obama administrations role in the current state of the U.S. economy, Vice President Joe Biden said, We have turned it around, adding that Americans believe the Bush administration got us in this trouble.

Biden was interviewed as part of The Atlantic magazine and the Aspen Institutes Washington Ideas Forum on Thursday at the Newseum in Washington, D.C. Gregory asked: Let me ask you about accountability when it comes to the economy. The presidents job approval rating stands at 42 percent -- the view of his, and by extension your, handling of the economy is pretty low. Now, either the big efforts that you have made as an administration turned the economy around or they didnt -- and they appeared to not have done that. Either youre accountable or theres only so much government can do.

Biden responded by saying that a clear majority of the American people blame their financial straights on the last administration. They understand what got us in this trouble, Biden said. He acknowledged that the Obama administration is now in charge. We are in charge, Biden said. We have turned it [the economy] around. He then said, Weve created 1.7 million jobs not nearly enough --- and its been offset by the failure of the Republicans to support the stimulus we had.

Americans understand that weve kept it [the economy] from getting extremely worse, said the vice president. Weve made it better, but not good enough. He further said that Obamas 42 percent approval rating represents the frustration people feel about the slow progress. Its like the cars out of the ditch, he said. Its moving along, but its only chugging along at 25 miles an hour and theyre used to going 60.

http://www.cnsnews.com/news/article/biden-us-economy-we-have-turned-it-around
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botenth · Oct 7, 2011

He is an indebted American, and you can blame the war in Afghanistan for that.

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Biden wants to sell USA to China so to bankrupt the USA?

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Biden wants to sell USA to China so to bankrupt the USA?

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