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Obama to sell B-2 Bomber Plans to China to help pay off debt. Is that why Tiny Tim is in China?

TrueRedWhite&Blue June 02, 2009 17:34:47

Record deficits and a crashing economy appear to be taking a toll on the young Barack Obama Administration. The Administration has been talking about hiking income taxes and perhaps instituting a VAT tax.

China is also concerned with the mounting deficits in the United States budget. China is the single biggest holder of US Treasury Bonds and is one of Washington's biggest trading partners. The People's Republic has had a burgeoning economy, but is increasingly wary of the falling US dollar.

While the exact amount of Chinese ownership of US treasuries is unknown, it is estimated to add up to over a trillion dollars. If China were to call in US guarantees on these bonds, economists fear it could lead to an economic collapse larger than the Great Depression.

China has recently expanded its defense budget, ostensibly to keep up with its economic growth. China is reportedly working on its own version of a stealth bomber (the US has the only functioning model) but is lagged by technological defects.

On April 1st, President Obama spoke to Chinese Premier Hu Jintao during the G20 Summit. During this meeting, Mr. Hu expressed interest in writing off some of the US debt in exchange for military technology. The President has since referred the matter to Defense Secretary Robert Gates.

The Defense Department is reportedly furious with the President's proposal to sell blueprints of the B-2 Spirit stealth bomber to the People's Republic. Gates has flatly rejected the President's plan, but has since been asked to step down if he will not facilitate the process.

According to the deal, the United States would sell the plans for the B-2, along with radar-absorbing paints and metals in exchange for $50 billion in debt relief. The B-2 cost the US government $23 billion to develop the bomber in the 1980s.

According to the Administration, this proposal will help the United States resolve its debt issues. They point out their belief that the B-2 bomber is "strategically obsolete", according to a source in the White House Press Office. In addition, the source claims that the Chinese would be unable to create their own functioning stealth bomber fleet for "at least eight years."

American allies Taiwan, Japan, and South Korea are very wary of the proposal. Koo Syi, a geopolitical analyst from South Korea, points out that this technology could be passed to China's allies. This was the case when Chinese nuclear technology was transferred to Pakistan and North Korea. According to Koo, Obama has rendered US allies' opinions as "irrelevant."

While this proposal is controversial, it is not being presented to Congress, where it could meet with stern opposition. Instead, the State Department has been informed to assisted the Defense Department with the transfer of materials.

Richard Hogarty
Boston Reviewer
June 1, 2009


(I do not know the validity of this story, it is obviously very controversial, and only time will tell what the actual truth is.)
WTF  this is outrageous.
Their our friends, it's fine.
Undecided
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  • +13 raves cantomagica June 02, 2009 20:53:01 (edited)
    cantomagica

    WTF this is outrageous.

    So he wants to sell our Military Technology, then not allow China to create their own Stealth Bombers for 8 years...(when he thinks he'll be out of Office)? How nice of him! Why doesn't he just wrap the information up in a big pretty box with a bow on it, and send it straight to freakin' Kim Jong-il in North Korea?

    In the mean time, he wants to turn us into France by adding the VAT Tax. Does anybody else see a huge problem here?

    Hang on to your hats...Here it comes!!!
    north korea turn france adding vat tax huge hang hats
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  • BillySteve October 11, 2009 01:22:35
    BillySteve

    Undecided

    Why should the Chinese pay official prices for technology when they can bribe someone in the Administration for much less money to get almost the same information?

    The Chinese are concerned that the US Congress and our President have the fiscal restraint of an Amelda Marcos in a shoe store with a limitless credit card. They realize that the US government cannot continue to spend money on vote buying schemes while destroying wealth creatoin.

    They probably also realize that countries which get into jackpots sometimes do stupid stuff, like starting wars. The Chinese are definitely NOT INTERESTED in starting wars with the US. It's not that they're afraid, they realize that wars can be won in "other ways" besides direct combat.
  • +4 raves
    Anthony Bellotte July 27, 2009 18:07:47
    Anthony Bellotte

    WTF this is outrageous.

    This man continues his drive to kill this country and it's industry. He is a non-american raciest and were is our congress in all this. Standing in the streets watching it all go by and saying nothing. What a bunch of .....s
  • TrueRed... Anthony... July 28, 2009 01:59:31
    TrueRedWhite&Blue
    Rubber stamping kowtowing jellyfish. (The CON(VICT)gress.)
  • +2 raves
    TinCanSailor July 19, 2009 02:28:23
    TinCanSailor

    WTF this is outrageous.

    When I first looked at the heading of this blog, I thought, this can't possibly be true. I then read the facts with a doubting eye. Now, I see this really could have happened. It is just another example of how Obama is more concerned about his presidency that he is in security of our nation. No wonder the democrats are trying to get rid of the CIA. They should be all over this like "stink of shit."
  • +1 raves
    TrueRed... TinCanS... July 19, 2009 02:58:58
    TrueRedWhite&Blue
    Instead they are pointing their collective fingers at another distractional "shiny object" in hopes of taking the heat, as well as Americas eyes off of the ball just long enough to pass some other B.S. legislation in some back room bargain. B.S. business as usual with this regime.....
  • +1 raves
    houstoncarl July 19, 2009 01:39:12
    houstoncarl

    WTF this is outrageous.

    Of course it's outrageous. Has he done anything since he's been in office that has NOT been outrageous? Nothing would surprise me with him.
  • +1 raves
    TrueRed... houston... July 19, 2009 03:00:32
    TrueRedWhite&Blue
    May wonder's happen, and his whole deck of deceptive cards fall and crush his political as*.
  • +1 raves
    Shadow Heart July 19, 2009 00:55:57
    Shadow Heart

    WTF this is outrageous.

    Sounds like Obama, is he going to apologize as well, or maybe he already did that and I missed it... I can't stand to listen to the man talk- he sounds just like a gutter preacher when he speaks...
  • +2 raves
    houston... Shadow ... July 19, 2009 01:38:03
    houstoncarl
    I agree... I can't stand the sound of his voice - I know everything that comes out of it is a lie and is going to be reversed within a month.
  • +2 raves
    TrueRed... houston... July 19, 2009 01:47:02
    TrueRedWhite&Blue
    More like a day. When Robert Gibbs says "What he meant to say was..."
    The lier's, lying White Boy....For the sheeple masses.
  • sickone June 16, 2009 19:02:53
    sickone

    WTF this is outrageous.

    we might as well sell nukes to N. korea that way they dont have to make thier own
  • pitieddust June 12, 2009 00:15:59 (edited)
    pitieddust

    WTF this is outrageous.

    OOOOOOooohhh! AAAAaaaahh! Pretty.



    ooooooooohhh aaaaaaaahh pretty

    Fireworks
  • concerned June 07, 2009 19:04:31
    concerned

    Their our friends, it's fine.

    good then they won't have to give up our tax dollar they have been whinning baout ...and it is something we problem won't be useing anyway ..lol
  • +1 raves
    sadie100~In God we trust~ June 05, 2009 06:03:07
    sadie100~In God we trust~

    WTF this is outrageous.

    Really good move, Obamanut....what a ass!! wtf outrageous obamanut ass
  • cRightwingNut cRight babies... June 04, 2009 17:03:25
    cRightwingNut cRight babies beware!!

    Undecided

    undecided
  • nigel June 04, 2009 15:30:46
    nigel

    Undecided

    Why would China buy them when they have probably already stolen them? Besides, this would be treason.
  • Benowulf June 04, 2009 12:16:29
    Benowulf

    Undecided

    Who cares? I mean, China has a good stock of weapons of mass destruction already active. They could already launch an attack that wipes out the planet. Who cares if they can make a ruddy plane? What, are you worried they're going to snap stealth video of you in the bedroom and post it on youtube?

    The world is already filled with so many warmongers and people who think that anger is power and winning a fight means you're strong. Who gives a flying fling (pun intended) if Obama sells a stupid plane to China? Good for him.
  • aneed2know June 04, 2009 10:41:43
    aneed2know

    Undecided

    Did anyone bother to do a google search on this person, he is not a reporter and his so called Boston Reviewer is a personal blogg.

    You guys are gulable.
  • E-Rog June 04, 2009 06:52:51
    E-Rog

    Their our friends, it's fine.

    even if this was true..which its not..our technology is much more far advanced than the B-2.... it would shock you..and the stuff that would shock you, they'll deny they have for 20 years...
  • +2 raves
    The Dinker June 04, 2009 04:55:00
    The Dinker

    WTF this is outrageous.

    moderated...
  • TrueRed... The Dinker June 04, 2009 16:18:24
    TrueRedWhite&Blue
    Never herd him play the piano, but he sure could play the ukulele, Dwarfed the thing too, as he was a big man.
    I was referring to A Christmas Carrol's Tiny Tim.
    (Not meant to offend either)
  • +1 raves
    TruthIsNotRelative June 04, 2009 04:30:48
    TruthIsNotRelative

    WTF this is outrageous.

    So lets hand over our "element of surprise" to a communist country to relieve us of about 5% of our debt to them. After all, they did such a great job of keeping our dangerous technologies that we have given them in the past. What idiots we have become with the intelligence that we have been blessed with.
  • Kroovy June 04, 2009 03:01:45
    Kroovy

    Their our friends, it's fine.

    If this story turns out to be true, I will be surprised. But in the interim, until we do find out, I support Obama's proposition. The American debt is outrageous, and he is only trying to protect our asses until a better solution is devised. Why worry about warfare now when our economy could plummet into a devastating depression? I believe in solving one problem at a time, and if more problems arise, then we will deal with them when the time comes, whether or not it takes eight years and a new president in office.
  • MindReader Kroovy June 04, 2009 04:34:37
    MindReader
    The story is a hoax. I have a long post on the hoax posted yesterday on this question.
  • Kane Fernau June 04, 2009 01:51:04
    Kane Fernau

    WTF this is outrageous.

    At least O-bomb is trying to sell them to China. The last dem prez gave our technology to them.
  • +1 raves
    Jenny June 04, 2009 01:31:53
    Jenny

    WTF this is outrageous.

    WTF? We might as well bend over and kiss our asses good-bye!
  • +2 raves
    Scruffy June 04, 2009 00:27:57
    Scruffy

    WTF this is outrageous.

    Don't forget that Clinton gave/sold the information on our advanced space technology that could be used for nuclear combat!

    Sure, let's make the world a more peaceful place by giving/selling our few advances that have kept us a little safer. After all, "All we need is Love" and all that B.S....

    "Clinton Gave China Chips for Nuclear War
    Charles R. Smith Wednesday, Oct. 1, 2003

    Newly declassified documents show that President Bill Clinton personally approved the transfer to China of advanced space technology that can be used for nuclear combat.

    The documents show that in 1996 Clinton approved the export of radiation hardened chip sets to China. The specialized chips are necessary for fighting a nuclear war. "
  • +1 raves
    Kane Fe... Scruffy June 04, 2009 01:52:21
    Kane Fernau
    Who keeps voting for these guys?
  • +3 raves
    Jim June 04, 2009 00:26:02
    Jim

    WTF this is outrageous.

    Giving away military secrets used to be called Treason. Punishable by Death. Since when did the rules change. Oh,I get it .This is the change that we can live with Obama promised us during his campaign. ( super)
  • Luis June 03, 2009 23:31:13 (edited)
    Luis

    Undecided

    First verify the story. Since the story may not even be valid( did you get it from Fox News?) to comment on it would be just naval play. But since I was playing with my naval anyway..... The B2 Bomber is 1980 technology. That means it is 28 year old technology. I doubt it is really viable in 2008. Maybe no one has it because it is worthless. Out dated in concept. Look for wars to be fought in cyber space. By manipulating bank accounts and freezing and drying out a few major accounts more damage can be done. Also to freeze a countries systems for military or for banking would inflict more damage then a bomb and kill no one.

    In 1944 Hitler planned to destroy the USA by printing counterfeit money. Since a country can print real counterfeit money on the same paper and with the same presses there would be no way to tell. But the influx would cause the currency to devalue rapidly. This is the high tech of the WWII era. Today it can all be done on computers. Remember the Y2K scare? Though it was just that it had to be fixed well ahead of time.

    While I don't know if that is a wise choice given North Korea it would help with a debt with China. Remember China is suffering as well. I have friends there and in some cases they are worse off then us. China is not likely to call in a d...

    First verify the story. Since the story may not even be valid( did you get it from Fox News?) to comment on it would be just naval play. But since I was playing with my naval anyway..... The B2 Bomber is 1980 technology. That means it is 28 year old technology. I doubt it is really viable in 2008. Maybe no one has it because it is worthless. Out dated in concept. Look for wars to be fought in cyber space. By manipulating bank accounts and freezing and drying out a few major accounts more damage can be done. Also to freeze a countries systems for military or for banking would inflict more damage then a bomb and kill no one.

    In 1944 Hitler planned to destroy the USA by printing counterfeit money. Since a country can print real counterfeit money on the same paper and with the same presses there would be no way to tell. But the influx would cause the currency to devalue rapidly. This is the high tech of the WWII era. Today it can all be done on computers. Remember the Y2K scare? Though it was just that it had to be fixed well ahead of time.

    While I don't know if that is a wise choice given North Korea it would help with a debt with China. Remember China is suffering as well. I have friends there and in some cases they are worse off then us. China is not likely to call in a debt on the US if it does not want to go into the dark ages. We would single handedly ruin their economy.

    I wouldn't worry so much about Obama. He has a good head on his shoulders and despite being new and young he is about 50 thousand times smarter then 'W" .
    (more)
  • +1 raves
    will June 03, 2009 22:42:08
    will

    WTF this is outrageous.

    dam is he nuts? why not North Korea? it's just a matter of time be for China sales it to every commy in the world
  • +1 raves
    Kane Fe... will June 04, 2009 01:53:34
    Kane Fernau
    He's going on a sales trip to the mid-east right now.
  • +1 raves
    will Kane Fe... June 04, 2009 21:08:19
    will
    Egypt today middle east in a day or two
  • +1 raves
    John June 03, 2009 22:09:45
    John

    WTF this is outrageous.

    Would you sell one of your most powerful weapons to your potential enemy?
  • aherbert June 03, 2009 22:07:20
    aherbert

    Undecided

    China is America’s daddy and you fools know this … it is not Obama faught that China is our Daddy you can thank Dubya and the rest of the ReTHUGlicans …. They the ones that orginally went over there with their hands out … so suck it up biotches as you better recognize …. And stop acting as if you did not know …. daddy dubya rest rethuglicans orginally hands suck biotches recognize acting
  • +2 raves
    Kane Fe... aherbert June 04, 2009 01:54:33
    Kane Fernau
    You can't remember the 90's Huh?
  • aherbert Kane Fe... June 04, 2009 16:18:08
    aherbert
    Sure I can what is your point?
  • +1 raves
    kmay June 03, 2009 21:54:05
    kmay

    WTF this is outrageous.

    Treasonous!
  • +2 raves
    Grammar Police June 03, 2009 21:51:39
    Grammar Police

    WTF this is outrageous.

    moderated...
  • Luis Grammar... June 03, 2009 23:42:37
    Luis
    OK I'll start with some fine China girls! LOL. You say that while your Wall Mart shoes are on your Wall mart sox. All made in China. If you don't like it don't buy Chinese stuff demand American goods. But America has to build quality. Not just expensive crap.
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