http://mothanskin.blog-city.com/china_calling_for_us_fiscal_responsibility.htm "China Calling For US Fiscal Responsibility" China is openly expressing concern about the lack of fiscal responsibility during times of recession demonstrated by the Obama Administration. China is the number one holder of US debt and is rightly concerned about the massive spending and inflationary monetary policies of the Obama Administration. The question is will China or any other nation continue to fund and prop up the American economy? If China would right now demand the US honor the Treasury IOUs it now holds, the US would be bankrupt. The Bush Administration, instead of raising taxes to fund the the wars in Iraq and Afghanistan, has borrowed from China and other nations. Now the Obama Administration is expecting China to finance the government subsidized universal health care program and the massive expansion of other government entitlement programs, along with maintaining troops in Iraq and expanding the war in Afghanistan. China in essence is telling the Obama Administration "we are not stupid President Obama. Nothing personal, this is business". I pray to God that fiscal responsible Congressman from both parties will resist the massive deficit spending, inflationary monetary policies and unwise tax increases of the Obama Administration. President Obama's socialist agenda can wait until after America climbs out of this recession first, in my opinion. I bet you China thinks so too! ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ China telling Obama to show more Fiscal Responsibility. Isn't this telling us that our 'Punch drunk president is spending like a drunken Democrat? He is the most irresponsible, incompetent president in history. For crying out loud, even the Chinese are telling us we're getting too carried away with this socialism.