Biden to Chinese Premier: ‘We Appreciate Your Investment’
- Posted on August 19, 2011 at 7:41pm by
Madeleine Morgenstern
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Vice President Joe Biden thanked Chinese Premier Wen Jiabao for China’s investment in U.S. government debt and assured him the country has “nothing to worry about” regarding the stability of the America economy.
CNS News reported:
“We appreciate and welcome your concluding that the United States is such a safe haven because we appreciate your investment in U.S. treasuries,” Biden said as the two officials made a joint appearance in front of reporters in Beijing. “And very sincerely, I want to make clear that you have nothing to worry about in terms of their — their viability.”
The vice president’s comments come after China sharply criticized the U.S.’s “addiction to debts” earlier this month following a credit downgrade by Standard & Poor’s.
According to ABC, Biden expressed confidence in the U.S. economy, even coming off the brinksmanship of the recent debt crisis.
“No one has ever won betting against the U.S. economy,” Biden said. “I point out U.S. treasuries, we’re going to — we’re going to take care of very closely not merely because China owns 8 percent of them, but because the Americans own 85 percent,” Biden said.
Wen acknowledged the recent crisis, but lauded Biden’s reassurance that the U.S. government would honor its debt obligations.
“It’s particularly important that you sent a very clear message to the Chinese public that the United States will keep its word or — and its obligations with regard to its government debt,” Wen said. “It will preserve the safety, liquidity and value of U.S. treasuries.”
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Comments (85)
kickagrandma
Posted on August 19, 2011 at 8:50pmDid you see the quote from the deceiver in chief in OUR HOUSE where he said that little joeybiden was the single best decision he ever made????????????????? Bet ole moochie loved that quote.
Anyway, the reason why it was the single best decision georgesoros ever made (the noman makes NO decisions on his own….it is either hillary, moochie or georgie or one of the meprinceses) is that everyone knew if joeybaby was veep, no body would take out the noman. It cemented obamamama’s safety, whereas if hillarybillary had been veep, obamamama would have been history long time ago…. Makes you wonder what their long term plan is, doesn’t it? joeybaby has such a way with words…………………NOT!
PRAY ON, AMERICA. PRAY NOW. PRAY HARD (without ceasing) and remember to give thanks in all things……..even and especially for all the people mentioned above. *sigh*
Report Post »Snowleopard {gallery of cat folks}
Posted on August 19, 2011 at 9:07pmThis story of Biden makes me think of a dog in a clown outfit being told constantly “Good boy” while his owners (China) are collecting money from the show.
Report Post »Hobbs57
Posted on August 19, 2011 at 9:17pmOr telling the dog. while dressed in a skirt, how tough he looks. Continually wagging his tail more every time you say it….
Report Post »ILUVAMERICA
Posted on August 19, 2011 at 11:29pmOK
Report Post »We own 85%??? (What, we should own 100%!!)
and China owns 8%??? (Why???)
Who owns the other 7 %?????????????
Christian Kalgaard
Posted on August 20, 2011 at 1:48am@ILUVAMERICA
America owns nothing, for it is in debt.
Report Post »fastfacts
Posted on August 20, 2011 at 4:03amI think it is time again for BIDEN’S GREATEST HITS… GAFFE EDITION: http://www.americanparchment.com/video/2011/june/best_biden_gaffes.html
Report Post »johnj1952
Posted on August 20, 2011 at 12:56pmNice of our VP to kiss ass.
Report Post »wordweaver
Posted on August 19, 2011 at 8:40pmJoe should have taken The Donald with him. Joe could do his “aw shucks” act out in public showing how passive and humble we are, while Donald could meet with them behind closed doors and give them the hard line about messing with their currency and stealing/copying our technology. Donald is correct. These guys are laughing at us as they continue to take advantage of us. We need to pull our head out and do business from a position of strength. It is the only thing the Chinese wil respond to.
Report Post »chazman
Posted on August 19, 2011 at 8:46pm… you said, “We appreciate your investment?” BiteMe, do you realize the American people are going to hang you from the nearest Cherry Tree on Pennsylvania Ave.? You are never going to get both of your feet out of yer mouth, you flaming jackazz! Swing in the breeze, whether its 6 months or six years from now … traitor.
Report Post »mils
Posted on August 20, 2011 at 4:12amdonald is very outspoken, i personally appreciate that part.
“investment”>>> how about “We appreciate your ‘owvernip’ of our country…
Report Post »florida123
Posted on August 19, 2011 at 8:34pmBidens last words before he left China, Yes’a Master……………..
Report Post »Robert-CA
Posted on August 19, 2011 at 8:22pmDid he bow & kissed his feet too ?
Report Post »GA Mom 13
Posted on August 19, 2011 at 8:17pmThe borrower is slave to the lender….Biden is such a fool.
Report Post »1chancey1
Posted on August 19, 2011 at 10:15pmBiden the Clown (like Bozo but not funny)
Report Post »capitalismrocks
Posted on August 19, 2011 at 8:16pmOh God help us… Mr. Magoo is opening his mouth up again !?!?!?
Here – Mr. Magoo and his foreign relations with the Chinese Prime Minister….
http://www.youtube.com/watch?v=Kwdgde4bpZo
Report Post »MODEL82A1
Posted on August 19, 2011 at 8:16pmLet’s try to be honest here. If there was a Blaze story about how Joe Biden was witnessed politely leaving a 30% tip to a nice waitress at his favorite breakfast restaurant, he’d be relentlessly berated and mocked in the Blaze Comment section. It’s quite tiresome.
Report Post »Banter
Posted on August 19, 2011 at 8:24pmSuch is the life of the comic foil.
Report Post »Mateytwo Barreett
Posted on August 19, 2011 at 8:28pmYou really think Joe Biden, Vice-presidunce of what was the United States would leave a tip? Really?
Report Post »I would find it hard to believe that he would pay the tab!
MODEL82A1
Posted on August 19, 2011 at 8:28pmAnd beauty is in the eye of the beer-holder.
Report Post »capitalismrocks
Posted on August 19, 2011 at 8:29pmThe problem with your analogy is, it would never happen and the fact is, Joe Biden makes GW Bush look like Einstein, the man is a complete and utter baffoon and a reckless moron.
Report Post »Banter
Posted on August 19, 2011 at 8:38pm@Model
Report Post »No doubt, I’m currently drinking a Guinness, but no alchohol required to make Sarah look good.
MODEL82A1
Posted on August 19, 2011 at 8:42pmCAPITAL, that’s the beauty of analogies, they never need to happen. That‘s why they’re “analogies” and not “examples”.
Report Post »MODEL82A1
Posted on August 19, 2011 at 8:46pmBanter, Get you a spoon and some Bass Ale and you’ve got an even tastier drink, IMHO.
Report Post »Banter
Posted on August 19, 2011 at 9:01pmI‘m heading to Pete’s Wicked Ale next, but your suggestion is excellent.
Report Post »Cold War Vet
Posted on August 19, 2011 at 9:43pmThat’s because he has chosen to side with the evil, anti-American douchébags that seek to destroy our great nation. He deserves it richly. If he was trying to be a decent American, we might cut him some slack. Until then….
Report Post »GIDEON612
Posted on August 19, 2011 at 10:58pmMODEL82A1
Posted on August 19, 2011 at 8:28pm
“And beauty is in the eye of the beer-holder.”
So….an angry drunk.
Report Post »Well this explains all of your posts.
Personally I feel that I have wasted my time on you.
I hope that you get some help, where ever your type goes for that.
101
Posted on August 19, 2011 at 8:15pmThe US would rather owe China than cheat them out of anything…IOU, here it’s good “trust me”
Report Post »NewMOe
Posted on August 19, 2011 at 8:13pmSlow Joe the Idiot Boy speaks !! Who’s the good boy, now take your cookie and go back in the closet and let the big people talk…
Report Post »Banter
Posted on August 19, 2011 at 8:11pmWait till the chicoms see how much Obama will ask for on Sept 5th. I’m guessing 1 trill minimum.
Report Post »megansmom
Posted on August 19, 2011 at 8:09pmWake me up when this nightmare is over.
Report Post »Restored One
Posted on August 19, 2011 at 8:19pmUnfortunately it is going to be long slumber for you my friend.
Report Post »geonj
Posted on August 19, 2011 at 8:04pmwe do not need to reassure anything to anyone in the world, especially china. we can fix china by cutting the amount they can import to the US. shame on you biden.
Report Post »IMCHRISTIAN
Posted on August 19, 2011 at 8:04pmIf they don’t have anything to worry about, the unemployed here sure do. Why are you hassling the rich to pay more when they already pay their fair share according to the tax codes and would hire the unemployed when they are sure that the economy is going the right way with no new taxes. Things will be worse when Obamacare (if Obamacare goes thru) is active. Stop spending more then is brought in. Stop with your excuses. Polices and regulations are killing our economy too. Then maybe we can keep on top of our debt withChina
Report Post »mossbrain
Posted on August 19, 2011 at 8:11pmWe need to lower the taxes on the wealthy to zero to create more jobs, maybe even give them a refund on the taxes they’ve payed the past few decades, why that would really jump start the economy.
Report Post »Mateytwo Barreett
Posted on August 19, 2011 at 8:31pm@Mossbrain
Report Post »You got such a problem with “all” those rich people? Why not just send back that “earned income credit” check you’re so proud of!
ddg7
Posted on August 19, 2011 at 8:03pmI wouldn‘t put it past ’Bite Me‘ Biden if he told the Chinesehe’d give them a copy of our blueprints for building a carrier just to keep them buying our debt. Remember how Clinton and Gore gave them our missle guidance technology. Everyone knows Biden is a fool except for Biden.
Report Post »dumboldcontractor
Posted on August 19, 2011 at 8:12pmWhy does anyone believe a word Biden say’s. I live in Delaware. He built his political career using a lie about a drunk driver killing his first wife. The police report was released or leaked two years ago. Not only was the man NOT DRUNK, he tried to reccessitate her after she pulled out in front of his dump truck loaded with stone. If he would lie about that, what won’t he lie about?
Report Post »The-Monk
Posted on August 19, 2011 at 8:00pmHow could they send Joe (foot in the mouth) Biden to China unless they wanted relations to sour.
Report Post »Cold War Vet
Posted on August 19, 2011 at 7:59pmThe only thing that gives me a tiny flicker of hope is that China still needs us, their largest consumer market, to buy their crap that they mass produce over there!
Report Post »GadsdenPatriot
Posted on August 19, 2011 at 8:16pmFor now. Once they own us the only way to stop their imports would be for workers themselves to not unload the shipments…then welcome to camp fema. And if that doesn’t work? Well, we all know how China deals with their domestic… problems.
Report Post »cmaczko
Posted on August 19, 2011 at 7:59pmbet the Chinese will tell him to his face they don’t believe a word of it!!!!
Report Post »Cold War Vet
Posted on August 19, 2011 at 7:56pmI wonder what size kneepads Biden uses?
Report Post »Cedar
Posted on August 19, 2011 at 7:56pmI’d Love to See That Ready. LMAO!!!!
Report Post »flyoverbob
Posted on August 19, 2011 at 7:56pmDamn fool,I hate it that our leaders kiss a like that.The Chicoms dont need assurances from a fool like you.Joe why didn’t you follow your true calling and sell siding?
Report Post »mossbrain
Posted on August 19, 2011 at 8:13pmYeah send Cain over there. He’s real good at apologizing to inferior foreigners.
Report Post »Cold War Vet
Posted on August 19, 2011 at 7:56pmYeah. Fannie and Freddie, Lehman Bros. and Behr-Stearns told us the same thing prior to September 2008. The DEMOCRAT-LED majority house/senate followed through on this great advice. Look where we are today.
Obama took a train wreck of an economy, and turned it into Hurricane Andrew!
Then Obama played dirty pool with the debt deal, blamed it on the GOP, and everybody else except his self, and skipped town. The next day, our national credit was downgraded by S&P and Wall Street is still tanking while Obama is hiding out on the golf course in Martha’s Vinyard.
A word of advice for anyone who has an IQ higher than room temperature. If Joe Biden says not to worry, then you should be very concerned!
Report Post »heyjim55
Posted on August 19, 2011 at 7:54pmWhat concerns me is what did he say to them behind the scenes? will you take our fifth fleet as colateral for another loan? or maybe we can give you the launch codes to our ICBM systems. How about half of California and all of the wood mills in the northwest? If you throw in a extra Billion we will give you Mt Rushmore how’s that??
Report Post »Cold War Vet
Posted on August 19, 2011 at 7:57pmI wouldn’t put that past the Democrats!
Report Post »Shasta
Posted on August 19, 2011 at 8:00pmDon’t forget that Obummer is now the landlord of all of the forclosed homes from Fannie Mae and Freddy Mac. The chines have colleteral, our homes.
Report Post »megansmom
Posted on August 19, 2011 at 8:12pmGive them California, now there’s a deal I could live with. We’ld kill 2 birds with one stone immigration reform and get rid of Nancy.
Report Post »Dustyluv
Posted on August 19, 2011 at 7:53pmMr. Gaffe is trying to calm the waters? I am sure this will turn out well….
Report Post »Cold War Vet
Posted on August 19, 2011 at 7:58pmEverything the US Government touches turns into trash…
Report Post »NOBALONEY
Posted on August 19, 2011 at 7:52pmVice President Bidens figures don’t make any sense at all. Why am I surprised?
Report Post »Ready2Rumble
Posted on August 19, 2011 at 7:50pmWait til China forecloses on us!
Report Post »GadsdenPatriot
Posted on August 19, 2011 at 7:57pmIsn‘t that why he’s so greatful? When our currency is worthless we’ll have no choice but to give them land or gold(unlikely). Once they move in, perhaps they‘ll put the final nail in Liberty’s coffin by bring their full-blown communism with them. A lefty tard’s dream come true.
Report Post »Christian Kalgaard
Posted on August 20, 2011 at 1:45amThat‘s what’s going to happen. The East Asians, ancestors of the native Americans, will conquer the American continent again.
Report Post »