Not satisfied with a hemorrhaging trade deficit with China that continues to bleed American jobs at a rate of millions, a crumbling manufacturing base being replaced by the endless import of cheap slave goods from the Communist state, and a stunted economy being rapidly outpaced by the Red Dragon, the Obama administration wanted to further drill it in to Americans who the new boss is yesterday, by placing Chinese flags throughout Washington DC before Obama’s fawning meeting with unelected President Hu Jintao.
Everyone is painfully aware of the fact that China now owns the United States economically, with the Chinese central bank being the largest debt holder at approaching $1 trillion dollars. The average American family with two children collectively owes around $12,000 dollars to China. The Communist state’s ownership of long term U.S. Treasury Securities means the United States pays upwards of $100 million dollars a day to China in terms of interest alone.
China’s huge accumulation of US dollars gives it the sway to lead the United States by the nose like a sheep to slaughter, holding in its hands the power to decide the economic destiny of the now collapsing American empire. The culmination of this process moved a step closer this week when Hu Jintao made it clear that China was preparing to sharpen the knife for the bloodletting to begin, by deriding the dollar as a “product of the past” and signaling its replacement with a new global monetary system based around the Chinese yuan.
The sickening worship and fealty displayed towards Jintao and China this week is all about training Americans to recognize who their new slavemasters are – the globalists who have exalted the Communist state as a model country for the new world order – a world in which antiquated ideas about freedom of the individual, prosperity, self-determination, family and happiness will be abolished.