Here’s a startling fact:

China’s premier didn’t say it in so many words, but the implied warning to Washington was blunt: Don’t devalue the dollar through reckless spending. Premier Wen Jiabao’s message is unlikely to be misunderstood at the White House. It is counting on Beijing to help pay for its stimulus package by buying U.S. bonds. China already is Washington’s biggest foreign creditor, with an estimated $1 trillion in U.S. government debt.

Pres. Obama didn’t create this debt; and I don’t like the idea of creating more, especially with China as a creditor.

Raising taxes won’t pay for everything that needs to be done; but I’m much more comfortable with the US people being the creditor than I am the Chinese.

Do the ethical thing: support a necessary, across-the-boards tax increase.  Decry the sale of bonds to foreign interests.

(This is why I will never be elected to public office.)