a little foreign policy

And now for a change of pace.

The WSJ has as its top story an article on the summit between Obama and Hu, the leader of China.

My comment: China is a rising super power. They are already an economic super power. People may not know that China is quietly building weapons. So soon they will be a military super power.

Nature abhors a vacuum. We have had a military vacuum since the collapse of the U.S.S.R. The U.S.A. is a flabby super power. We are lazy. A competitor might help us to shape up. Or we may just collapse.

If the dollar ceases to be the major currency in the world this will hurt the standard of living we are assume will go on forever. But soon the yuan will be the major currency.

We already see China's economic influence in the price of gasoline. Price increases are directly related to international demand mostly China but also India. It is the same with decreases. We no longer control gasoline prices which are related to the price of a barrel of crude oil.

I still maintain that Obama seems strong and on point on his foreign policy. He has not had a crisis yet but that may be partly because of his competence.

Now if we could just get him on board for repealing universal health care.