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Monday, January 23, 2006

What's Chinese for "amen?"

In this twilight of our Greenspan, little Donny Rumsfeld heaps high the hosannas.

Ayn Rand's little protégé managed to grow the economy, Rummy sounds. Gee, how terrific that this growing economy pumped life into our national defense.

But wait. Didn't Alan Greenspan empower the taxcut-and-spendocrats who emptied surplus coffers by urging tax cuts year after year after year without revenue offsets? Surely the monetary mensch saw that imbalances had dollars streaming into China, a country that just so happens to represent the single greatest geopolitical threat to the U.S. on the horizon.

So now instead of just having a massive military, global ambitions, a bottomless thirst for the very natural resources we do and more than a billion people…they also have a big fat pile of Uncle Sam's IOUs, and more every month.

If you doubt China's grip on our national cojones consider that we're so dependent on them that our housing market would seize up in shock if China's state bankers so much as winked at another country's securities.

So, again…thanks Alan, for making us safer against, um…the real threat to national security: upper-bracket tax cut freezes.

With a resume like Greenspan's, which is long on accomplishments for the accomplished and short on help for the helpless, he seems a lock for the Presidential Medal of Freedom.

6 Comments:

Blogger Jonah B. Gelbach said...

hey chb

didn't you just buy real estate?

:-)

love,

jbg

1/23/2006 6:24 PM  
Blogger cornhuskerblogger said...

I boast of nothing more than a masochistic streak. Oh, and loads of rage. But also love. Can't forget the f'ing love.

1/23/2006 6:33 PM  
Anonymous Anonymous said...

As someone who's getting out of real estate, I say, let the 800-pound gorilla do whatever it wants! (Insert evil laugh here.)

1/25/2006 3:15 AM  
Anonymous Jamie said...

Chinese for amen is actually amen.

1/26/2006 9:40 AM  
Blogger cornhuskerblogger said...

Do jeh, Jamie. Or, if you prefer the Mandarin over Cantonese as I do, xie xie.

1/26/2006 3:33 PM  
Blogger Smitty Werbenmanjensen said...

CHB,

Who cares one whit for the actions of a central bank all the way across the Atlantic? You and your parochial concerns. Europe's where the action is, Mr. Giovanni!

1/31/2006 4:54 PM  

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