China vs USA

Fox News: Reports on China's refusal to back tough sanctions on Iran. In this case the Obama Administration has to be careful, China is the banker for the USA, the Obama Administration needs China to buy its debt. The US economy and the Obama Presidency needs China to keep the debt of the US and to buy more of that debt. The day China says NO and sells the debt at a loss to make the point could see the end of the Obama Presidency. Thus President Obama by his own spending has risked the national security of the United States, from his economic package to his push for health care reform has placed US in the hands of China. Of course China has vast economic interest with Iran thus does not want to lose its money in this economic climate, who can blame them, thus President Obama will find that he will have to take tough action without China and the UN. As noted in his Nobel speech President Obama stated the he kept the right to take independent action for the security of the USA. Thus a blocked UN Security Council and the lack of power to force to China could mean that Obama ends up being another Bush 43.