On Mar 25, 2009, at 9:21 AM, Politicus E. wrote:
> It seems that the right-wing populists have a different, and
> complementary,
> rhetoric for an austerity program. All day yesterday, the lead on
> FoxNews
> was the threatening line that the Obama budget will mean that the US
> is
> "Owned by China." This was a reference to ownership of US
> government debt
> by the Chinese state. FN is inciting xenophobia to advance the
> cause of
> deficit hawks; the liberals want us to pull ourselves up by our
> bootstraps,
> thus advancing the cause of the deficit hawks.
"We're all deficit hawks now, thanks to Pete Peterson."
- Tim Geithner, just heard by me at the Council on Foreign Relations