Obama gets a free months rent from the new landlord

Posted on January 19, 2011 by

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(Reuters) – The United States and China reached agreement on export deals worth $45 billion including a major contract with Boeing, the White House said on Wednesday at the formal start of Chinese President Hu Jintao’s state visit.

Obama and his overtly civil leftest propaganda machine, the Lame Stream Media, are hard at work  playing up this deal the Obama administration subcummed too with China today.  The deal was  for a total of $45 billion.  It is being spun as a great step forward for America and China trade relations.   But if you peel back the thin layer of bullcrap you will see this deal is nothing more than a fiscal joke. Obama got a free months rent from our new landlord!

In August of 2010 the New York  Times reported that the census numbers indicated that America’s trade deficit with China surged to $46.3 billion in July up from $42.6 billion the prior month.  This is an annual trade deficit of  $502.5 billion for 2010.

 

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