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The America at which we glance across the ocean today is shrinking before our eyes. It is bamboozled and petrified.

The America at which we glance across the ocean today is shrinking before our eyes. The Chinese, to whom the US is in ever growing multi-trillion hock, own the very pants Obama walks in. Extending far beyond the Birther nonsense, the far right's malevolence has prevented him from reversing the Bush tax cuts – worth $500bn per annum, or half the annual increase in the deficit – for fear of spreading the Fox-propagated belief that he is a Communist sleeper. He regretted this last week on finally cobbling together a deficit-reduction fudge with the Republicans, but regrets butter no Thanksgiving turkeys.