If you want to treat your creditors (China) like crap, you might want to think about not borrowing 2 trillion from them in the previous decade as policy designed by your GOP predecessors.
The GW's puked in the Japanese laps, kissed the Saudis on the cheek, flew the Saudi's back to Saudi Arabia after 9-11, and fought 2 wars while cutting taxes to create the need to borrow all the bucks from Hu. So the bar is set so damn low here that carping about Obama violating our dignity and conceptions of an "Imperial Presidency" seems to be a bit late and 2 trillion dollars short. Kind of like the Japanese concept of the Imperial Emperor and failing to win the war.
Yep dj, all too late for that is correct. Restructure and Change. Say, it wont be all that bad! Why China hiked the Minimum Wage there 10% today. Yee Ha! Now they can pool together and get one of those washers or dryers from Mexico! People will simply have to live within their means here. The Spanish people that have been coming in for the past years have set a fine example for all here as to how to do it! And if we so choose to take the offer left the other day, why all the quicker things can be straightened out.