Wolf Blitzer delivers the most important breaking news and political, international, and national security stories of the day. Tune to The Situation Room weekdays 5-6:30pm ET on CNN.
Brian Todd fact-checks the latest Romney and Obama ads, accusing each other of being weak on China trade.
Wolf ask yourself a this, Romney If he get elected president will his forgein income off shore bank account be conflict of interest?
Will he stop receiving this earning from China and shore account to be president of the US?
Romney can not go against China, the the hand that feet him, million of Dollars every year for all the outsourcing of jobs and patents he and Bain capital have sold to them his annual earning show it on his tax returns.
Good story. It is just too bad that both parties had absolutely no problem selling Treasury bonds securities and notes to China and many other countries and never once complained when they were doing it. Now for some reason and my best guess is to avoid talking about the economy they drum up China to poke a stick at. Remember this. A poor craftsman always blames his tools. In this case they blame China for our governments over spending. If they truly had a case against China for tampering with their currency rate then you can bet they would be beating a path to congresses door. Of course it is highly unlikely that a dysfunctional congress like ours would ever get anything done about it because they would be far too busy blaming one another for some imaginary indiscretion.
These are the same two parties that every since Bill Clinton took money out of Social Security and Medicare never paying it back leaving Americans on the hook by putting in IOU'S that if they were ever paid back would once again come out of the Tax payers pocket. Remember folks the government has no money of it's own and everything must be first taken from someone to give to another. So now Americans have to pay twice for the same Social Security and Medicare benefits that they rightfully already paid into. Wasn't that a real slick way to go about it. By the way, when is that money going to be put back again? Why is no politician talking about this issue instead of silly things like China???
Its quid pro quo Rich. We buy China's junk and they buy ours.
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