d some concern about the proposal. It turns out that Palin can turn a phrase -- death panels penetrated through the noise in a powerful way. And so did the Democrats' messaging about Republicans being Nazis -- except that turned out to be counterproductive and the White House has since shifted strategy. Again, if they'd spent the last few weeks explaining this very complicated legislation instead of smearing their political opponents,toms shoes outlet, Republicans might know whether or not Obama wants to create death panels as part of his reform.Flag@WhiteHouse.gov Now Defunct143 PM, Aug 17, 2009 By JOHN MCCORMACKMike Allen reports that you will now have to report your fellow citizens' spreading of misinformation to the U,cheap toms sale.S. government at a different email addressFollowing a furor over how the data would be used, the White House has shut down an electronic tip box - flag@whitehouse.gov - that was set up to receive information on "fishy" claims about President Barack Obama's health plan.E-mails to that address now bounce back with the message "The email address you just sent a message to is no longer in service. We are now accepting your feedback about health insurance reform via http//www.whitehouse.gov/realitycheck."107 PM, Aug 17, 2009 By JOHN MCCORMACKTEXTThe 'Chimerica' Chimera1229 PM,cheap toms, Aug 17, 2009 By MATTHEW CONTINETTINiall Ferguson has a pithy and provocative essay in the new Newsweek. He writesBack in early 2007, it seemed as if China and America were so intertwined they'd become one economy I called it "Chimerica." The Chinese did the saving, the Americans the spending. The Chinese did the exporting, the Americans the importing. The Chinese did the lending, the Americans the borrowing.This arrangement may be about to break down, however. For Ferguson continuesThe trouble is that the Chinese clearly feel they have enough U.S. government bonds. Their great anxiety is that the Obama administration's very lax fiscal policy, plus the Federal Reserve's policy of quantitative easing (in layman's terms, printing money), are going to cause one or both of two things to happen the price of U.S. bonds could fall and/or the purchasing power of the dollar could fall. Either way the Chinese lose. Their current strategy is to shift their purchases to the short end of the yield curve, buying Treasury bills instead of 10-year bonds. But that doesn't address the currency risk. In a best-selling book titled Currency Wars, Chinese economist Song Hongbing warned that the United States has a bad habit of stiffing its creditors by letting the dollar slide. This, he points out, is what happened to the Japanese in the 1980s. First their currency strengthened against the dollar. Then their economy tanked.As the Chinese begin to replace their investment in American government securities with investment in overseas assets (namely, raw material production in Africa), they will have more freedom to challenge American foreign policy. "[I]magine a rerun of the Anglo-German antagonism of the early 1900s," Ferguson writes, "with America in the role oRelated articles:

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