Now The Chinese Are Wagging Their Fingers At Obama

Tyler Durden's picture




 

Submitted by Simon Black of Sovereign Man blog,

 

“Diminishing Superpower”

This was the headline streaking across the weekend edition of the Jakarta Globe, one of the largest newspapers in Indonesia.

The photo beneath was of Barack Obama, his lips pursed and eyes steeled as if he was fighting back tears. Or perhaps staring off into the fiscal abyss.

The subheadline read: “Obama’s APEC absence symbolic of US waning influence in Asia.”

The article goes on to describe how the President’s conspicuous absence from this weekend’s summit of the Asia Pacific Economic Cooperation (a multinational trade bloc in the Asia/Pacific region) highlights the decline of the US as the world’s superpower.

It’s so obvious to everyone else that the US is in terminal decline.

(Granted, the Indonesians are a bit miffed given that they went to the trouble of closing the brand new airport in Bali for four days, partly because of the anticipated arrival of Air Force One… and then the President didn’t bother showing up.)

Russian President Vladimir Putin and Chinese President Xi Jinping stepped up in Obama’s stead, taking the world’s stage in yet another clear sign of where the real economic power and leadership is.

Putin himself was even nominated for the Nobel Peace Prize… for preventing a former Nobel Peace Prize recipient (Barack Obama) from starting a war Syria.

Meanwhile, China’s vice Finance Minister Zhu Guangyao has been wagging his finger at the US Treasury Department, warning that “the clock is ticking” and that Obama should “take decisive and credible steps to avoid a default on its Treasury bonds.”

All this comes at a time when the US has been caught red handed spying on the rest of the world, including its own people… and its allies. This prompted the Brazilian President Dilma Rousseff to cancel an official visit to the United States this month.

It’s amazing when you step back and look at the big picture.

The Russians are preventing a US military invasion. The Chinese actually have to step in and say something publicly to ensure that the US government pays its bills. The Brazilians are too disgusted to even visit Washington DC.

What a completely different world we live in, even compared to just 10 or 15 years ago.

Think back to the late 90s. The US really was the pinnacle of civilization. The government was beginning to pay down its debt. America’s reputation was unblemished. And to most foreigners, the US economy was the envy of the world.

What’s happening today would have been unthinkable back then. But it just goes to show how quickly things can unravel.

It’s tremendously important that the reputation of the US government is sinking to an all-time low internationally.

Remember, the reason that the US Federal Reserve can print trillions of dollars is because the rest of the world has for decades been willing to accept dollars for international transactions and sovereign reserves.

Nearly every government and central bank on the planet has a big pile of dollars stashed away.

The US government seems to think that this arrangement will last forever, and that their actions are without consequence. Nothing is further from the truth.

As the US government’s international reputation craters after one embarrassing episode after another, other nations are beginning to no longer trust the US, whether it comes to spying or managing a sound currency.

This puts the US dollar at even greater risk of quickly losing global reserve domination, and along with it, the ability to print money without damning ramifications.

As history has shown so many times before, this is exactly how the end begins.

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Mon, 10/07/2013 - 17:23 | 4031891 Alcoholic Nativ...
Alcoholic Native American's picture

The "Osama Slayer"

Mon, 10/07/2013 - 17:31 | 4031907 remain calm
remain calm's picture

Obama what a fucking joke, if this wasn't so tragic this would be funny. Our kids do not deserve this.

Mon, 10/07/2013 - 17:32 | 4031926 McMolotov
McMolotov's picture

"Deserve's got nothin' to do with it."

Mon, 10/07/2013 - 17:35 | 4031939 Keyser
Keyser's picture

The truth hurts and it's not good when your largest bond holder spanks you on page one in the international press. Obama should take note, shut the fuck up and DO HIS JOB. 

 

Mon, 10/07/2013 - 17:38 | 4031955 max2205
max2205's picture

It began a while ago....1980's....but ok

Mon, 10/07/2013 - 17:54 | 4032007 ZerOhead
ZerOhead's picture

In the 1980's Reagan told us it was "Morning In America Again"

 

Speed things up to the 2010's and it's now become "Mourning In America Again"

http://www.youtube.com/watch?v=EU-IBF8nwSY

Mon, 10/07/2013 - 18:29 | 4032149 Richard Chesler
Richard Chesler's picture

subprime potus.

Mon, 10/07/2013 - 19:21 | 4032358 Manthong
Manthong's picture

Note that he is not wagging his finger at Boehner.

Mon, 10/07/2013 - 19:34 | 4032393 pods
pods's picture

That pic was taken last week after Jaime made him play "bite the pillow."

pods

Mon, 10/07/2013 - 21:40 | 4032736 James_Cole
James_Cole's picture

Actually it's good that Obama had to stay home from the TPP bullshit.

If people on here knew what TPP was, they'd also think it good. Of course Obama wanted to be there (gov shutdown threw a wrench) but good that he wasn't. 

Mon, 10/07/2013 - 21:40 | 4032738 SWRichmond
SWRichmond's picture

He might be our president but he's your problem...

Mon, 10/07/2013 - 23:14 | 4032942 stacking12321
stacking12321's picture

+1 for the john connally quote!

he is a fiat president, backed by nothing, he is an iou note that can't be collected.

Tue, 10/08/2013 - 07:44 | 4033262 Redhotfill
Mon, 10/07/2013 - 21:38 | 4032739 Gamma735
Gamma735's picture

It began in 1913 with the creation of the Federal Reserve ponzi scheme.

Mon, 10/07/2013 - 22:39 | 4032861 Manthong
Manthong's picture

Don't forget the 16th and 17th Amendments in 1913.

All part of the scheme to wreck the founders effective design.

Tue, 10/08/2013 - 07:35 | 4033254 kralizec
kralizec's picture

One of the worst years in history ever kicking off one of the worst periods in history ever...and we get to be there at the end...

Thanks a lot.

/

Tue, 10/08/2013 - 00:25 | 4033052 LongMarch
LongMarch's picture

He is doing his job;He just dosen't work for you.

Mon, 10/07/2013 - 18:01 | 4032046 CoonT
CoonT's picture

Classic..

Mon, 10/07/2013 - 17:36 | 4031934 MillionDollarBonus_
MillionDollarBonus_'s picture

What our kids deserve is a good education. America is still shaping its future as a progressive democracy. We all want to live in a society that has positive forward thinking values, and the key to building a forward thinking society is education:

http://accredited-times.com/2013/10/07/why-education-is-the-key-to-creat...

Mon, 10/07/2013 - 17:38 | 4031957 LynRobison
LynRobison's picture

Yeah, a good education will help our kids a lot when the US defaults, the dollar collapses, and we can no longer afford our carrier battle groups. After the Chinese and Russians invade, a good education will be just what our kids need. Great thinking MDB!

Mon, 10/07/2013 - 18:32 | 4032154 dryam
dryam's picture

MDB,

Access to a great education is available to everyone with an internet connection & a $200 computer.  The Kwan Academy would be a great place to start.  There's no need to throw money at the education problem.  Education is a societal/culture/parental problem.  It has nothing to do with lack of funding.  If parents were involved in their kids education from day one & used all the resources available on the net, we'd have an army of engineers & scientists. 

Mon, 10/07/2013 - 18:49 | 4032225 johnQpublic
johnQpublic's picture

but would kids use the 200 dollar computer for video games and porn or educating themselves?

 

you all know the answer

Mon, 10/07/2013 - 19:11 | 4032320 NoDebt
NoDebt's picture

I do know the answer.  It depends if the parents care and take the time to watch over them.  I do.

Half an hour ago I also was doing multiplication flash cards with my 4th grader.  He's got a tough time with his 7, 8 and 9 times tables.  I don't like how the school is doing it, so I'm doing it now at home- simple, old fashioned memorization drills (stuff that would get today's teachers brought up on charges of cruel and unusal education).  I walk around the house and shout out multiplication questions for him, too.

Does it work?

2 weeks ago he got a "Below Basic" score on a multiplication test (that's what they call "failing" now in schools, FYI).  38%- really REALLY awful- and unacceptable, as I explained to him.  Today he brought home another test- he got an 80.  He says we have to hurry up and get on the 9-times tables because he wants to get a 100 on his next one.  

If you care, they will care.  A little success goes a long way.

Mon, 10/07/2013 - 19:26 | 4032376 Manthong
Manthong's picture

LOL   Freedom’s just another word for nothing left to lose and “progressive democracy” is just another term for “Nationalsozialismus“.

Mon, 10/07/2013 - 20:24 | 4032550 geekgrrl
geekgrrl's picture

Good for you. I wonder how many parents actually do this even though it's something anyone could do?

Anyway, tell your son the nines are easy because the right answer always adds up to 9: e.g. 9*2=18: 1+8 = 9, 9*3=27: 2+7 = 9, 9*4=36: 3 + 6 = 9, and so on. Probably most people know this already but I didn't come across it until a calc prof mentioned it in passing, so I thought I'd pass it along in case you didn't know.

Another two-step method can used instead or as a sanity check because it makes the multiplication super easy: make the 9 a 10 and subtract the other number: 7*10-7 = 63, 8*10 = 80-8=72, etc., i.e. 9*x=(10-1)*x=10*x-x

Mon, 10/07/2013 - 20:53 | 4032571 NoDebt
NoDebt's picture

Thanks, geekgrrl.  I forgot all about that old checksum method of verifying the 9s.  I have had my ass saved by the old "transposition errors are always divisible by 9" thing since forever, but I forgot about the simple stuff.  The checksum thing I think he might be able to use.

Update!  I just talked to him about that rule.... HE ALREADY KNEW IT!  HAH!  Knows the rule to check the answer but doesn't know the answers.  FAN-FREAKIN-TASTIC.  That's modern education for you!

 

Mon, 10/07/2013 - 21:29 | 4032711 DoChenRollingBearing
DoChenRollingBearing's picture

Now on to multiplying and dividing mixed numbers (eg, (5 and 2/3) * (6 and 1/4)) in his head.  I taught our daughter how to that when she was in the sixth grade when I would drive her to school.  She hated it at first, but got to where she could do that really fast.

Tue, 10/08/2013 - 03:34 | 4033176 Bruce Flea
Bruce Flea's picture

Nines are fun. The easy way to know the answer is to subtract 1 from the number that isn't 9, and add the difference to get 9 to it.

For instance 9 X 7. 7 minus one is 6, so the answer starts with 6. Add 3 to get nine, so the answer is 63.

9 X 9. One less than 9 is 8. t takes 8 + 1 to equal nine, so the answer is 81.

 

 

Aside from cool math, Buck Orama is quite an example.

Tue, 10/08/2013 - 07:31 | 4033250 FreeNewEnergy
FreeNewEnergy's picture

Nines are absolutely simple. Multiply by 10 and subtract the multiplier (if that's the correct term; been a long time). 9 X 6 = 54. 10 X 6 = 60. Subtract 6 = 54. 9 X 8 =? 10 X 8 = 80 - 8 = 72. Pretty simple, and works every time. Don't thank me. Thank Pythagoras. And when he gets to algebra and geometry, encourage him to understand the theorems, if they still teach them. Knowing HOW and WHY things work is the key to real knowledge. 

Mon, 10/07/2013 - 21:15 | 4032684 stocktivity
stocktivity's picture

That's how I did it with my 3 kids when they were that age. Dick, Jane, Sally, and Spot all taught us old folks to read....and it worked.

Mon, 10/07/2013 - 20:08 | 4032514 29.5 hours
29.5 hours's picture

 

We *do* have an army of engineers and scientists--making lots of weapons for the military.

Are you misspelling Khan Academy?  Yes, it is a good place to start for someone who wants to accelerate their education.

Tue, 10/08/2013 - 07:49 | 4033271 Redhotfill
Redhotfill's picture

The talented technically educated slaves get spared to work for their new masters..... maybe thats what he is talking about.

Mon, 10/07/2013 - 17:45 | 4031983 venturen
venturen's picture

what you actually mean is you want teachers paid $200k/yr to work 8 months of the year that can't be fired for doing a horrible job. Teacher pay has NOTHING TO DO WITH EDUCATION! By progressive society you mean Italian work ethtic and French holidays and a UK health System?

Mon, 10/07/2013 - 18:00 | 4032041 Mad Max
Mad Max's picture

You must be new here.

MDB is always 100% sarcastic.  Have you checked out the website that he links to?

Mon, 10/07/2013 - 17:57 | 4032030 nmewn
nmewn's picture

ObamMao like crazy man. He fok up ouwa crash frow. How we build ghost cities nowa?

Mon, 10/07/2013 - 18:16 | 4032091 McMolotov
Mon, 10/07/2013 - 18:29 | 4032137 nmewn
nmewn's picture

lol.

Mon, 10/07/2013 - 22:56 | 4032904 Manthong
Manthong's picture

Maybe the gay boy or suck on my Chinese nuts gag would be better accepted by the MSM and their unwashed masses viewership than this very poignant CAGW one was.

http://www.youtube.com/watch?v=TYKAbRK_wKA

Mon, 10/07/2013 - 18:23 | 4032124 ebworthen
ebworthen's picture

"How to cheat generations out of their assets and savings in three easy steps!" has clearly been taught very well.

Mon, 10/07/2013 - 21:18 | 4032689 Quentin Daniels
Quentin Daniels's picture

Only in the ivy league institutions.  The rest of the education system just focuses on "How to bend over, grab your ankles and pretend you like it."

Mon, 10/07/2013 - 18:38 | 4032181 yogibear
yogibear's picture

Rose colored glasses. What country is that? The US is a republic (Republic for which it stands....)

LOL "America is still shaping its future as a progressive democracy."

Translation... socialism

DC and Wall Street seem like the only cities that seem to matter these days.

Know many MS and PhDs that can't find jobs paying enough in technical fields to pay back their student loans,

Tue, 10/08/2013 - 00:27 | 4033051 hivekiller
hivekiller's picture

Moron.

Mon, 10/07/2013 - 17:37 | 4031948 NOTaREALmerican
NOTaREALmerican's picture

Re:  Our kids do not deserve this

If the worlds greatest generation - who set-up all the Big-Gov scams in the first place - didn't care about your kids, why should the following generations?

Each generation gets to screw the following one, and has taken every oportunity to do so.

Mon, 10/07/2013 - 18:32 | 4032158 Totentänzerlied
Totentänzerlied's picture

+10^10

Mon, 10/07/2013 - 18:45 | 4032217 nmewn
nmewn's picture

You're gonna need us kiddo, don't piss us off too much, we have nothing to lose once we top fiddy ;-)

Mon, 10/07/2013 - 17:45 | 4031985 midtowng
midtowng's picture

This didn't start with Obama. This started with Dubya, and Obama didn't have the courage to change anything.

Obama is merely the 4th term of Dubya.

Mon, 10/07/2013 - 17:52 | 4032015 cossack55
cossack55's picture

Incorrect in MHO.  It started with Wilson, maybe even Teddy.

Mon, 10/07/2013 - 18:13 | 4032081 nmewn
nmewn's picture

Or even ole Honest "Greenback" Abe ;-)

Yes, Wilson got the Fed its charter but these assholes were trying to get their hooks in us long before...Jefferson warned about it and Jackson wanted to kill them outright.

"And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale." - Thomas Jefferson

In other words, its thieving from future generations to accomodate the base desires of the present generation.

Let it burn now, for them.

http://www.monticello.org/site/jefferson/private-banks-quotation

Mon, 10/07/2013 - 18:22 | 4032114 Shell Game
Shell Game's picture

Good 'ol Abe...  What's that fifth plank of the Communist Manifesto?  oh yeah.. "5. Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly."  

Lincoln was a pile of dung that drew the commie and crony shit-flies to D.C.

Mon, 10/07/2013 - 18:33 | 4032160 greatbeard
greatbeard's picture

>> Jefferson warned

You need to read the link you posted.  Jefferson didn't say that.  From the link:

Earliest known appearance in print: 1933

Other attributions: None known.

Status: This quotation is at least partly spurious; see comments below.

Comments: This quotation is often cited as being in an 1802 letter to Secretary of the Treasury Albert Gallatin, and/or "later published in The Debate Over the Recharter of the Bank Bill (1809)."

The first part of the quotation ("If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered") has not been found anywhere in Thomas Jefferson's writings, to Albert Gallatin or otherwise. It is identified in Respectfully Quoted as spurious, and the editor further points out that the words "inflation" and "deflation" are not documented until after Jefferson's lifetime.

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