-By Thomas E. Brewton
China’s premier publicly expressed concern that the Obama administration’s present and prospective surges of deficit financing are impairing the creditworthiness of the massive amounts of Treasury debt that China holds as our largest creditor.
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The Wall Street Journal reports, in its March 13 edition (Wen Voices Concern Over China’s U.S. Treasurys):
BEIJING — Premier Wen Jiabao voiced confidence in China’s economy, saying his government’s finances give it room to spend even more to support growth if needed, but expressed concern about the outlook for the U.S. and the safety of its Treasury bonds…
“We have lent a huge amount of money to the U.S., so of course we are concerned about the safety of our assets. Frankly speaking, I do have some worries,” Mr. Wen said in response to a question. He did not offer specific suggestions on economic policy to the U.S. government, but called on it to “maintain its credibility, honor its commitments and guarantee the security of Chinese assets.”
China Puts Us on Notice”
Apparently the long knives President Obama has out for the blood of CEOs and high paid executives does not apply to the bigwigs at The New York Times. In a March 11 piece ABCnews.com posted a 
We’ve talked about it several times here on the blog; the hostile takeover of smaller unions. It has been Andy Stern’s main modus operandi (President of the Service Employees International Union or SEIU). The idea is to roll into the territory of a local, smaller union, make back room deals with the employers to get their assistance, and then lead a forced take over of that smaller union eventually to vote it out of existence. Thereby the little unions that might stand in the way of the mega unions are eliminated and the mega unions now controlling everything from the top down get more even more massive.
The Employee Free Choice Act (EFCA), the union friendly law currently sitting idle in Congress awaiting a Big Labor financed president to get around to addressing it, has some very interesting supporters. We’ve been told, of course, that we shouldn’t worry about Barack Obama and his followers, that they are just as American as anyone else. That claim of red-blooded Americanness is a bit hard to reconcile, however, where it concerns the EFCA.
Usually I don’t go for the hard-edged treatment of politicians as my headline here does. I don’t often call individuals “liars” and the like, though I’ve been known to do so on occasion. Generally, I prefer to assume that those that oppose my views are truthfully advocating for deep held beliefs and not using lies and obfuscation to get there — some exceptions to that, of course. I am not really the biggest fan of the wild-eyed, Olbermannesque sort of bombast and name-calling. 
Newsweek’s Jon Meacham and Evan Thomas are tired of all this talk of socialism. We need to stop talking about yesterday’s news, they say, and embrace the great new fact that America is already a socialist country. They chortle that 
Since Barack “Giant Killer” Obama thinks it’s his business how much CEOs and captains of business should be paid predicated on receiving federal money one has to wonder why this principle is not being applied fairly across the board? If receipt of federal money is enough to constitute total government control over salaries, let’s apply it everywhere. We can start with the salaries of university presidents.