By the way, there was another interesting part of the testimony of National Intelligence Director, James Clapper on Thursday, according to CNN.
Carl Levin asked Clapper about what nation posed the greatest threat to the United States, expecting to hear Iran or North Korea.
Levin was shocked to hear Clapper say that Russia and China posed the greatest mortal threat, because of their nuclear arsenals and military capabilities. "Iran and North Korea are, you know of great concern. I don't know at this point in time they pose a direct mortal threat to the continental United States," he said.
Another Senator asked Clapper which nation has the "intent" to be the greatest adversary. Clapper said, "Probably China."
Levin was shocked again. This guy lives in a total Fantasyland.
It's nice to know that at least there's one person in Washington, James Clapper, who knows what's going on in the world.
Nice catch.
mannfm11 wrote:We have central bankers, who are running a policy designed to aid and abet the looting of remaining wealth in the US. It is excessive credit which has provided the fuel to build up China in the first place. All behind a poorly designed group of economic theories, both on the left and the right. I don't hold to bright a vision for our future.
For the life of me, I've never understood why the Fed has poured out the liquidity, which then gets sopped up by the Asians and the oil exporters. I wrote to my Congressman a few months ago explaining this process and how destructive it has been to the US. Why in the world would Greenspan and Bernanke put a policy in place that serves to build up Chinese economic and military capability?