Essential Reading to Understand The Headlines

Saturday, February 27, 2010

Don't Ignore Hillary!

Another news worthy development (in fact two) being set aside came from Secretary of State Hillary Clinton. In the first one she considers the ballooning deficit as of national security concern.

“I do not like to be in a position where the United States is a debtor nation to the extent that we are, with the projections” of deficits “going far into the future,” Clinton said.

Source: businessweek.com By Peter S. Green

Just like an ordinary person, the debtor loses leverage against the lender. That is why it is so harder to talk to China now. That is a principle already simply noted by the Bible thousands of years ago:
The rich rule over the poor,
and the borrower is servant to the lender. Proverbs 22:7



The next Clinton salvo was when she compared the Iran situation to the Cuban Missile Crisis of 1962. Such a strong comparison from a powerful political leader whose on the inside of diplomatic negotiations. Does it mean she is reading the whole thing as a political time bomb by now?

Source: rawstory.com

Why isn't this being discussed more on CNN, BBC or other news desk? The health care issue is more pressing than these?