Saturday, August 20, 2011

The Awful Truth

From Bloomberg: Biden Tells Wen ‘You Have Nothing to Worry About’ Over Debt.

Vice President Joe Biden told Chinese Premier Wen Jiabao his government doesn’t need to worry about the safety of Treasuries as the world’s biggest overseas holder of U.S. debt.

"You see here, Wen, good buddy," said Plugs, "we have this thing called an electronic printing press, and my old friend Greenspan assures me that we can never default, we just keep printing. It’s so very simple really, now lets get hammered on some huáng jiǔ, buddy, and forget all this BS."

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