Saturday, August 06, 2011


The United State got a credit downgrade.. and..

In the Xinhua commentary, China scorned the United States for its "debt addiction" and "short sighted" political wrangling.

"China, the largest creditor of the world's sole superpower, has every right now to demand the United States address its structural debt problems and ensure the safety of China's dollar assets," it said.

It urged the United States to cut military and social welfare expenditure. Further credit downgrades would very likely undermine the world economic recovery and trigger new rounds of financial turmoil, it said.

"International supervision over the issue of U.S. dollars should be introduced and a new, stable and secured global reserve currency may also be an option to avert a catastrophe caused by any single country," Xinhua said.

I find that really funny.

Meanwhile in the never ending war..

KABUL (Reuters) - A NATO helicopter crashed during a battle with the Taliban in Afghanistan, killing 31 U.S. soldiers and seven Afghans, the Afghan president said on Saturday, the deadliest single incident for foreign troops in 10 years of war.

The soldiers were from SEAL Team Six... the same unit that killed Bin Laden. It's obviously not known if the dead where members of that raid.

Still.. that's 31 more dead Americans that sacrificed themselves for a war that will have meant nothing 1 year after it's over.


It's amazing to me how the United State can be.. on top of the world I guess.. and then throw it all away. But then, every nation in the same position has done the same. At least England landed relatively softly.

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