Obama gets an F.

[RealSchool]

http://www.nbcphiladelphia.com/news/business/Economists-Fail-Obama-Geithner.html

Step it up guys. Perfect to throw in my face, and yet nothing posted on it.

[Mike Furley]

I already read that. Not really newsworthy, in my opinion. I find China's concern over the trillion dollars they hold in our debt to be more newsworthy.

Here you have an Obama administration seeking more government activity in the private sector being viewed as worrisome by a nation that has been moving away from government activity in the private sector for the past thirty years. Maybe it's their experience with Communism and state control of industry and capital that's giving them pause about Obama turning things around here.

http://www.miamiherald.com/news/politics/AP/story/948995.html

Prime Minister Wen Jiabao got the attention of Wall Street and Washington when he said during a news conference that his nation had "lent a huge amount of money to the U.S. Of course we are concerned about the safety of our assets. To be honest, I am definitely a little worried."

Wen's comments may also reflect concerns that the Obama administration has failed to present a credible fix for U.S. banks.

"I think they're clearly sending a signal to the U.S. that they're very concerned with how we're managing the (economic) crisis," said Steven Schrage, the director of the international business program at the Center for Strategic and International Studies. "I think they're also very concerned that this could lead to the helicopter jump of money generation, more cash and inflation. As a way out of the huge fiscal problems that we're going to be spending huge amounts ... which could weaken the value of the U.S. Treasuries they own."