Monday, June 27, 2005

Selling the Rope to Hang Us

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China has been very busy (a) buying up our debt, and (b) acquiring oil rights all over the world. Bush has been very busy (a) increasing our dependence on China investment in our debt, and (b) increasing our dependence on Middle Eastern oil.

"CNOOC offered $18.5 billion in cash last week to acquire the U.S.-based Unocal, a richer bid than the $16-billion plus cash and stock offer the company already accepted from Chevron."

Bush fiddles. Home burns.

UPDATE: I guess Cheney/Rove realize this deal smells funny.

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