Obama supports China's criticism of the United States' monetary policies

President Obama today stopped over in Jakarta, Indonesia, as part of his hopping all over South East Asia this week, to discuss monetary policy and growth at a summit for the G20 Finance Ministers, in which Indonesia is a member of.

What a surprise, since G20 has close relations with the European Union, and endorsing a world currency, which Obama endorses. According to Reuters, the President said at this summit with Indonesian President Susilo Yudhoyono:

"We have a lot of work  to do and one of the key steps is putting in place additional tools to encourage balanced and sustainable growth".

What exactly are these additional tools to encourage balanced and sustainable growth? Why in the hell is the President encourages the G20 System, when he cannot even get the Federal Reserve to control its own fiscal and monetary policies regarding taxation, monetary supply and interest rates, since he was elected into office?

In relation to that, China actually criticized the United States exactly for the things I just mentioned above, as they fear the more ignorant the United States is with relation to our monetary and fiscal policies, it would be more instrumental in becoming destructive to the global economy and leading to further inflation.

You would think that the President would take note of some of the advanced warnings laid out by China, and that the President would find a new ass to kick, maybe Federal Reserve Chairman Ben Bernanke or that sycophantic little yes weasel Tim Geithner. But instead, President Obama chooses to find an ass to kiss. He decides to support China's criticism of the United States.

"We want China to succeed and prosper, its good for the United States if China continues on that path of development that it is on"

Seriously, does President Obama realize that the $14 trillion national debt, which continues to grow at an accelerated basis, is mainly owned by China? Does the President also realize that my generation and all future generations are liable for this debt created by both he and former President Bush? Did President Obama ever take into consideration at the height of the financial meltdown in 2008 that it was wrong to endorse government intervention into the financial sector? Did the President think that adding trillions more in debt was the logical way to solve the problem of our already growing national debt crisis?

To sit over there in Jakarta, Indonesia and say he wants China to prosper is pretty disturbing. With no disrespect to China, this President has to be somewhat informative that China's commodities are greater than the United States, they've basically defeated us in every single regard, the major manufacturing and industrial factories have all been based out of China primarily because they have forced labor there and they have a grasp control of their own financial system. If you look at comparison with relation to jobs, competition in the business sector, educational system and our own government's financial stability, we're far below with relation to where China stands.

What really frustrated me recently in California involved this notion of 'creating green jobs' in California, which President Obama endorses. Here, the solar power manufacturing company Solyndra, recently closed one of its factories in an effort to save $60 million in annual expenses, laid off 40 full time employees and terminated contracts to 100 temporary workers. It should be noted that Solyndra received more than $530 million as part of a federal loan guarantee program and more than $1 billion in equity.

You may ask why Solyndra for example, is cutting back its operations and laying off its workers? It is because Solyndra and California, along with the rest of the United States, cannot keep up with the competition of manufacturing firms in China, who can do the same amount of work and defeat the cost of doing it in the United States.

While the President just looks at the positive of China's criticism of our monetary policies, maybe he should start getting serious for once in his tenure to do something to focus on creating real jobs within the United States, and working on a solution to control how the Federal Reserve is handling our monetary supply and how it effects the economy, both within the United States and globally.

I'm sure China has to be especially interested in the United States' future in the creation of jobs and our monetary and fiscal policies... because they expect to be repaid for bailing us out.