Information. Thats why wanted you here tonight. I want to talk about several issues, but one in particular, the president has focused on early on and that is china and you write about it and you talk about a second cold war. And that is with china and its happening now. Can you explain that . If you think back to the first cold war, we weren went quite quickly from being the allies of the soviet union of world war ii to being at odds with them, within just a few years. Why was back . It was territorial issues that the soviet union it appeared to be expanding in all directions, but it was also technological come the soviet union was stealing technology. It stole the atomic bomb design through its spy network, and in many ways the cold war was a technological race. It created the space race and the nuclear arms race. Fastforward to the late 20th century. For a time the United States and the peoples republic of china was strategically aligned. 60 years ago since Henry Kissinger went to be
You here tonight. I want to talk about several issues but one in particular the president as focused on early on and that is china. And you write about and you talk about a second cold war and that cold war is with china and it is happening now. Can you explain that . Well if you think back to the first cold. War we went quite quickly from being the alleys of the soviet Union World War ii to being att odds with them within just a few years. Why was that . It was partly the classic yterritorial issues that the soviet unionac appeared to be expanding in all directions. But it was also technological soviet union was stealing technology and stole the atomic bomb design through its spy network. And in many ways cold war was kind of technological race that produced the space race as well as the nuclear arms race. Fast forward to the late 20th century for a time, the United States and the peoples republic of china a strategically aligned 50 years ago nearly since he began opening to china as
Youre very smart, sensitive information. Thats why wanted you here tonight. I want to talk about several issues, but one in particular, the president has focused on early on and that is china and you write about it and you talk about a second cold war. And that is with china and its happening now. Can you explain that . If you think back to the first cold war, we weren went quite quickly from being the allies of the soviet union of world war ii to being at odds with them, within just a few years. Why was back . It was territorial issues that the soviet union it appeared to be expanding in all directions, but it was also technological come the soviet union was stealing technology. It stole the atomic bomb design through its spy network, and in many ways the cold war was a technological race. It created the space race and the nuclear arms race. Fastforward to the late 20th century. For a time the United States and the peoples republic of china was strategically aligned. 60 years ago sinc
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$45.1 Trillion: Total Federal Spending Proposed By Obama’s FY2012 Budget Through 2021.
$24.0 Trillion: Projected Federal Debt In 2021 Due To Obama’s Binge Spending. (OMB, 9/1/11)
$14.9 Trillion: Current National Debt. (U.S. Treasury Department, Accessed 10/5/11)
$9.1 Trillion: Amount Obama’s FY2012 Budget Would Add To The Debt Through FY2021.
$6.4 Trillion: Cumulative Deficits Caused By President Obama’s Deficit Reduction Proposal. (OMB, 9/19/11)
$5.2 Trillion: Total Interest Payments On The National Debt Due To Obama’s Proposed Budget, FY2012-2021. (OMB, 9/1/11)
$4.2 Trillion: Added To The National Debt Since Obama Took Office. (U.S. Treasury Department)
$2.6 Trillion: True Cost Of ObamaCare Once Fully Implemented. (Office Of The Speaker Of The U.S. House)