According to Congressman Barney Frank, "The administration doesn't really have anyone they trust enough to send here [Davos, Switzerland at the World Economic Forum]." Closer to the truth is that the administration does not have anyone that rest of the world can trust. The big commotion in Davos is that the dollar is sinking faster than the Titanic. And like what was said of the Titanic, the administration is pushing the myth that the U.S. economy is unsinkable. This myth is making it easier for the administration to push policies that are ruining the U.S. economy.
The rest of the world is looking for relief from the coming storm, pushing their own economies to work harder to make up for the enormous drain that is the current U.S. economy. As China sops up the enormous debts that we produce, we form their big market. But China won't need us forever, and they are competing for oil and other natural resources we need to survive (note to the wise: China is courting Venezuela and Canada for future oil prospects). And the other countries can look to the Euro for a stable currency to replace the dollar eventually.
So while the administration makes up WMD and Social Security crises, they are fiddling with the underpinnings of the U.S. market. They refuse to take any action to prevent the looming disaster, they don't acknowledge the market economy, they waste hundreds of billions on foreign excursions, unnecessary weapon systems (unless this is a crafty plan for holding off our lenders), and planning huge giveaways to the wealthy.
Wake up America! Don't let them lull us to sleep as we drift closer to the icebergs. Start rowing in the right direction.