U.S. Rates to Stay Low as China Cuts Debt Purchases (Update1) (click here)
By Kevin Hamlin and Judy Chen
Jan. 8 (Bloomberg) -- U.S. Treasury yields are unlikely to climb significantly should a decline in China’s foreign-exchange reserves force the nation to scale back purchases of the securities, according to Fitch Ratings Ltd....
The sad truth to the ending saga of the Bush's White House is the demoralizing of the USA and the extent it impacted the global community. How many times did I hear 'The Global Community" as a methodolgy of any Bush strategy. It benefited them personally, including prostitutes for Neil, and I am sure much of that will continue well past W's exit from the Executive Branch.
The Legacy LEFT behind by any of the Bush presidencies are not good ones and in every instance there was a Democrat to pick up the pieces and move the nation into venues of productivity and prosperity. I have no doubt that will be the case with the Obama Administration.
However, with the International Community in disrepair there is no reason to sit back and look for financiers to the new economy we are longing to build. We can finance our own needs through simple purchases of US Savings Bonds. Unless the country completely crashes its sovereignty and even if it does, there are no better methods of supporting the USA economic recovery better (click here).
Purchasing any US Savings Bond can be done at most any bank (click here for example) or Credit Union (click here) or through payroll deduction if you are lucky enough to be employed.
The point is that we must stay on track to recover our economy on our terms and not 'sell out' to priorities that have proven to endanger our country and its people, including future generations of Americans. The sooner the USA economy recovers the sooner the global economy will improve.
