Geithner goes a-grovelling

Tiny Tim is off to China, yes he is. And all the news channels want us to believe that he's there to lobby the Chinese for support for our Iran boycotts.

That's got to be a non-starter for the Chinese. What's Iran done to them? Of course when you stop and think about it, what have they done to us?

That's not the only thing that's fishy about the story. Since when do we send the Secretary of the Treasury off on diplomatic junkets? There's a very robust diplomatic corps available for these assignments. Are they all too busy hammering out the details on the latest US-Canada softwood lumber agreement to take time out for China?

Makes no sense at all, unless...

Unless those reports are true about China and Iran agreeing to do their bilateral trade without using the US dollar. That might tighten up a few sphincters in the Treasury Department.

After all, you won't be the world's reserve currency for long once people start doing that.

So the think tank here at Falling Downs figures Obama sent Tiny Tim over to remind the yellow people that if they make side deals that bypass the US dollar, their trillions in US dollar reserves aren't going to be worth chicken shit.

That should get their attention.