China tells US to live within its means

By -

"SHANGHAI - China, the largest foreign holder of United States debt, said Saturday that Washington needed to "cure its addiction to debts" and "live within its means," just hours after the rating agency Standard & Poor's downgraded America's long-term debt.
The harshly worded commentary, which was released by China's official Xinhua news agency, was Beijing's latest attempt to express its displeasure with Washington."

http://mobile.nytimes.com/2011/08/07/business/global/china-a-big-creditor-says-us-has-only-itself-to-blame.xml

Comments

Post a Comment

Popular this week

Filipinos are their worst enemy and their politics more important than country

By -
Image
Hopefully there can be progress in the Philippines – but not without a systemic change in values from the top down. The Philippines ought to be able to improve – but this is contingent upon good policies, honesty, ending corruption and laws be followed. I am doubtful Duterte can change things; further, what will happen next election? If he can make significant changes( infrastructure, proper funding of departments, end corruption) then the country may move toward a better direction. Referring to previous comments regarding foreign typhoon aid, other countries will donate and the money will be stolen as usual. I remember the comments from Roxas to Romualdez in Tacloban, after Yolanda . The politicians have hatred for each other. I remember politicians repackaging aid goods from foreign countries and putting their name and picture on it. Sometimes ‘aid’ comes as a quasi bribe, in my opinion. The U.S. provides military security to Europe and then Europe bows down to the U.S. Gov. Be
Read more

Video of Leni Robredo ironing turns her Yellowtard fans into gushing idiots

By -
Image
A video supposedly of "vice president" Leni Robredo ironing the graduation toga of one of her daughters is going viral. As expected, Yellowtard Netizens are ecstatic over this latest "evidence" that their "vice president" comes across as one of the "common tao". The idea of a politician or, for that matter, anyone perceived as may kaya (can hold their own financially) ironing their own clothes is an alien concept in Philippine society. The Philippines has, after all, an enormous supply of labourers willing to work as servants even for lower-middle-class Filipino households. So huge is this surplus labour supply that servants can be paid peanuts to do even sub-human work. And, not surprisingly, it is a well-known fact that the Philippines is one of the planet's top exporters of expat household servants. As such, many Filipinos who grew up in above-lower-middle-class households have never experienced ironing their own clothes. This is
Read more

Jose Rizal never had Tagalog in mind when he encouraged us to love our own language

By -
Image
Posted by a certain Chloe Santiago on the Facebook GRP Community Group : Jose Rizal died in 1896 and Tagalog was declared the official language of the Philippine only in 1937. This can only mean that Rizal wasn't really talking about Tagalog when he made this statement: "He who does not love his own language is worse than an animal and smelly fish." Indeed. Who made the arbitrary directive to make the Tagalog dialect the "National Language" to begin with? Furthermore, why have a "National Language" when Filipinos are already proficient in the global lingua franca of commerce and scientific achievement?
Read more