Clinton Warns North Korea over Sinking of Warship

Oh my, North Korea must be shaking in its boots now that Secretary of State Clinton has issued a "stern" warning about the recent attack on a South Korean warship that resulted in the loss of 46 sailors.

Seems like all we ever do is warn these countries about sanctions, international responses, etc, etc. But, they continue to thumb their noses at us. Let's face it, this administration is viewed as weak, and the international community will continue to ignore its warnings until it is perceived as strong.

In the case of North Korea, they know that China always has their back. And of course, since China holds more of our Treasury bonds than any other country, we must continue to kiss their ass so that they don't dump those securities and send us plunging into a depression.

That is the problem with running up this much debt. We have no leverage over anyone. While China loves to continue selling us their products, they have the incentive to keep our economy stable. But, once the developing countries become more developed and wealthy enough to buy more imports, they won't need us as much.