Ron Paul Liberty Report
  • Home
  • Archives
  • About

Lindsey Graham Wants To Bite The Chinese Hand That Feeds Him

8/4/2015

 
Picture
By Chris Rossini

Presidential hopeful Lindsey Graham took a brief moment from advocating constant war in the Middle East, to advocating confrontation with China. There's never a fight that Senator Graham doesn't want to use your money to wage. 

Yet, here's Graham flexing his muscles again:

If I'm president, we're going to push back against China. Here’s my foreign policy — a clenched fist and an open hand. You choose."
Even Henry Kissinger knows that you don't bite the hand that feeds you, when he says: "It's important to avoid any military conflict between the U.S. and China." But, Lindsey Graham is Lindsey Graham. Force and coercion are his milieu.

We all know that China is a major creditor of the United States federal government. Unfortunately, the Chinese government has considered it in its interest to issue so much credit to the bankrupt U.S. 

We Americans have been living an illusion for quite a while now. The Chinese accept fiat dollars (that The Fed continually creates) and they send us real goods and wealth in return. China has the factories, and we have the Visa cards.

The Chinese then take the fiat dollars and buy U.S. Treasuries with them, giving the U.S. government (of which Lindsey Graham is a part of) a financial lifeline. You don't need a Ph.D to figure out how this one will end down the road.

Lindsey Graham barking at the Chinese is very similar to Greek Prime Minister Alexis Tsipras barking at the European Troika. It didn't work out so well for Tsipras, despite threats, votes, or celebrations of democracy. All of it meant nothing.

In the end, when you're a deadbeat debtor, it is the creditor who holds the cards. You're in no position to show the creditor "a clenched fist and an open hand."

Comments are closed.

    RSS Feed

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015



  • Home
  • Archives
  • About