Tonight the President and his staff will welcome China's President Hu Jintao to a State Dinner at the White House. It will be filled with pomp and circumstance and lots and lots of toasts and feasting and mutual congratulations about our two great nations. No doubt it will be quite a lovely occasion enjoyed by all. But I have one question which has yet to be answered by the Mainstream Media.
Just WHO is going to pay for HU's dinner?
It's well known that fully 40% of every dollar our Federal Government is spending these days is borrowed, mostly from China. In fact, they are our single largest creditor, owning some $900 Billion in our owzies. And it's well known we're up to $14.1 Trillion Dollars in Federal debt, and that debt is growing at the rate of $5.2 Billion Dollars per day.
That means that the cost of tonight's soiree will have to be paid for out of borrowings from somebody somewhere. And since it's likely that somebody will be President Hu, I'm wondering whether instead of Obama whipping out his Visa Card to cover the charges, wouldn't it be more expedient to simply pass the plate to Hu and have him pick up the tab directly?
You'll have to forgive me. I'm a simple guy who eschews wasted motion and believes in expedience whenever possible. Therefore, I say the "who" should be "Hu." Just thinking out loud…