Dinesh D'Souza talks about Obama's anti-colonialism, inherited from his father. The idea is that imperialist (or colonialist) countries exploit the rest of the world for their resources, enriching themselves and ruining the colonies.
The United States steals oil from the middle east, timber and cattle from South America, cheap manufacturing from southeast Asia, and so on.
Now the United States needs money, so Obama "borrows" it from China. How do we pay it back? Is there a plan, or did we just exploit China?
I insinuated we have no plan to pay back China, and that probably deserves some explanation. We might try to pay it back with inflated dollars, thus shortchanging China. Or, we could try to increase tax revenue and pay them back without inflation. Right now the government is preparing to tax wealth creation, which means there will be less of it, which leads to the inability to pay at all. Funny how we tax tobacco for the stated purpose of its elimination, but we deny that taxing free enterprise will stifle it.