James Pethokoukis of Reuters is at it again, subversion-via-blog.

So in the little sit down with the President, the Chinese made clear they did not believe a word of the President’s promises about ObamaCare not adding to the deficit.

The Chinese asked uncomfortable questions about the cost of ObamaCare:

Guess what? It turns out the Chinese are kind of curious about how President Barack Obama’s healthcare reform plans would impact America’s huge fiscal deficit. Government officials are using his Asian trip as an opportunity to ask the White House questions. Detailed questions.

Boilerplate assurances that America won’t default on its debt or inflate the shortfall away are apparently not cutting it. Nor should they, when one owns nearly $2 trillion in assets denominated in the currency of a country about to double its national debt over the next decade.

Turns out that when you lie to everyone, no one believes you. Untrue claims that President Obama makes in the speeches to Joint Sessions of Congress about not adding to the deficit, making mystery cuts to Medicare, or not funding abortion, or not allowing illegal immigrants to gain access to his health care benefit, are actually listened to by other nations.

And the economic implications and the national security implications of a President who no one believes are profound, and none of them are good.

Sounds like the Chinese do not believe that a Democratic Congress and President Obama will do anything about the growing deficit. The only thing the Trillion-dollar President can do is spend more Trillions — first on the stimulus, then another trillion plus on health care. And because the world refuses to buy more of our debt, the Fed has printed (you guessed it) a trillion dollars in the last year to give to banks, with instructions to buy our T-Bills in our debt (rigged) “auctions.” This is how we are paying for our deficit, we are printing money. And our Trillion dollar President keeps spending.

The rational reaction of the Chinese (as opposed to the irrational action of spending a trillion dollars on health care) reminds me of a sign I saw at the 9/12 demonstration:

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For those attempting to figure out what is in the Senate ObamaCare bill, you are in the company of 99 U.S. Senators who have not seen the bill. At least that is what today’s New York Times is reporting:

“frustration has been growing among some lawmakers over the delay, especially as they are asked repeated questions about a bill they have not yet seen.

“I don’t think the bill text is being shown to anybody,” Mr. [Senator] Nelson said last week.”

According to CNN: “In fact, no one has seen the Senate bill.”

They a have a phrase out West for this — all hat, no cattle.

I call it a vapor bill — all hype, no bill.

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Dem Senators are peeling off of President Obama’s government takeover of health care and its liberal fantasy land that spends more than a trillion and contains hundreds of billions in new taxes.

As James Carville told CNN, President Obama only has 57 votes.

Reuters James Pethokoukis is reporting that Senators Liberman, Landrieu and Nelson are at NO, and Bayh maybe too. Pethokoukis is reporting the same thing Hammond said in his memo, that reconciliation is a no-go. (Politico is reporting, correctly, that reconciliation rules would strip the Stupak amendment.)

As we all know, no 60 votes, no laundry. (Senator Reid needs 60 votes to break the filibuster on the motion to proceed to consider the bill. If he does not get 60 votes, ObamaCare never comes up on the Senate floor.)

There are whispers in Washington watering holes that some Dem Senators are quietly hoping Senator Nelson will vote against cloture on the motion to proceed. This will let the Senators who are up in 2010 off the hook from the nightmare of proceeding to this politically toxic bill.

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While the dollar hits a 15 month low, and gold hits an all time high, and the editorial page editor of the Washington Post (no less) is warning:

“The bill also could take America a step closer to bankruptcy. And for progressives in particular — for those who believe that government has a mission to help the poor and protect the vulnerable — that prospect should be alarming. If federal debt continues rising on its present path, hastened by a $1 trillion health-care bill, it is the poor and vulnerable who will be most harmed.”

This is also why some political risk analysts are connecting the dots between PelosiCare and the value of the dollar:

“If the Reserve Bank of India’s directors had any doubts about the wisdom of buying 200 tonnes of IMF gold — and likely dumping some U.S. Treasuries in the process — they had only to watch last weekend’s legislative activities on Capitol Hill. The proceedings provided plenty of reassurance that the move was a smart play.

“Nothing in the healthcare reform bill that passed the House of Representatives should give investors in dollar-denominated assets any confidence that U.S. policymakers are serious about tackling the government’s structural budget deficit.”

Amazing as it is that the Washington Post would be pointing out the obvious about the Democrats $1.2 Trillion health care spending plan, since liberal and progressive news writers have given aide, comfort and a criticism-free ride for those who are doing the spending.

It is apparent that there is no amount of money too high to spend for the House Democrats on health care reform. CBO confirms the amended House bill spends $3 Trillion.

But now Fred Hiatt has really stepped over the lines — he is “calling out” President Obama for his failure to cut keep his promise about the health bill spending and the deficit.

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Reuters published a story today, April 4, detailing some nonsense from a Taliban terrorist who has claimed “responsibility” for Friday’s shooting rampage in Binghamtom, New York. The question that comes to mind is why? Why did Reuters imagine this idiotic claim, this obvious lie, was worth reporting to the world? Does Reuters not have the good sense God gave a door knob? Why would Reuters pass this Taliban propaganda off as news?

From Peshawar, Pakistan, Reuters reports that this Taliban leader wannabe has said that the murderous rampage perpetrated by an unhinged Vietnamese immigrant was done by his “men.” This half-wit terrorist claims that he ordered the “men” to attack the U.S. because of the use of Predator drones that have been so successful in cutting out so many of those nits in their Pakistani strongholds.

But we all know this “acceptance of responsibility” is an outright lie. We may not know why Jiverly Voong went off the deep end, but we know he had zilch to do with Pakistan. So, why did Reuters think it a story worthy of reporting? There can only be one reason.

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