IF THERE REALLY WERE WORLD POLICE THEY'D ARREST US FOR BUNKO:

Huckabee on “Late Edition” (TIME, 1/27/08)

HUCKABEE: [A] s I expressed in the debate the other night, the problem I have is that what we are really doing is borrowing about $150 billion from the Chinese, which is where this money has got to end up coming from, in the trade deficit.

We borrow from the Chinese at 3%, invest it at 10%, and are therefore so rich we can buy a lot of the trinkets they make cheaply for us. If you think that's bad -- a scam that has given us $55 trillion in household net worth -- you're too dumb to be trusted in the Oval Office.

Posted by Orrin Judd at January 27, 2008 9:25 PM