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Rep. Mark Kirk: Stop Policies of ‘More Taxes, More Spending and More Borrowing’

Posted By admin On June 17, 2009 @ 8:11 am In Commentary | Comments Disabled

Breitbart [1]
Wednesday, June 17, 2009

Senior Chinese leaders have privately voiced fear over the soaring US budget deficit and are increasingly looking to diversify from the dollar, a Republican congressman said. “We heard across the board — in private — substantial, continuing and rising concern,” Representative Mark Kirk said after a trip to China that included talks with government officials and central bank chief Zhou Xiaochuan.

Rep. Mark Kirk: Stop Policies of ‘More Taxes, More Spending and More Borrowing’ 250509BANNER [2]


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URLs in this post:

[1] Breitbart: http://www.breitbart.tv/?p=356573

[2] Image: http://prisonplanet.tv/signup.html

[3] China Joins Russia in Blasting U.S. Borrowing After Debt Ceiling Agreement: http://www.prisonplanet.com/china-joins-russia-in-blasting-u-s-borrowing-after-debt-ceiling-agreement.html

[4] China’s Central Bank Chief Rumored To Have Defected: http://www.prisonplanet.com/china%e2%80%99s-central-bank-chief-rumored-to-have-defected.html

[5] Bernanke Admits Borrowing and Spending Are Disastrous for Economy: http://www.prisonplanet.com/bernanke-admits-borrowing-and-spending-are-disastrous-for-economy.html

[6] China Ready to End Dollar Peg: http://www.prisonplanet.com/china-ready-to-end-dollar-peg.html

[7] Roubini: “When Governments Reach the Point Where They Are Borrowing to Pay the Interest on Their Borrowing They Are … Running a Ponzi Scheme”: http://www.prisonplanet.com/roubini-%e2%80%9cwhen-governments-reach-the-point-where-they-are-borrowing-to-pay-the-interest-on-their-borrowing-they-are-running-a-ponzi-scheme.html

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