You've heard of tin pot dictatorships--how about tin cup superpowers? Hillary Clinton confirms our new status in the course of an unusually straightforward piece of reporting about China and the about-faces former candidates Obama and Clinton took on assuming office by CBS News' Wyatt Andrews, as noted by AIM's Cliff Kincaid.
Once upon a time--a few months ago--both O & C promised to stand up to China's unfair trade practices, including currency manipulation. Now, they will do anything to get China to finance the "stimulus."
As Hillary told CBS. "We are relying on the Chinese government to continue to buy our debt.”