Obama's tire tax against Chinese imports is a big deal. The MSM is barely mentioning it anymore, and the regime is trying to downplay it, but here's what Chinese Xinhua is publishing. It's actually an opinion piece written by an American ... but can you imagine something like this appearing in the LA Times or NY Post? Nah, neither can I.

When the G20 meets, Washington and Beijing may be on the brink of a trade war over Chinese tire exports to the United States and the subsequent complaints from China about protectionist practices.

Oh, Obama has risked setting off a trade war with the Chinese just so he can reward his union buddies? Oh is that all? No big deal then. Move along. Nothing to see here.
Why is it that the media of the Peoples Republic of China is more open and honest than the American MSM? More accurate analysis from Xinhua:

Still, the initial exchange over the tire decision is not encouraging. There is little doubt that domestic politics played a role in Obama's decision to impose the tariffs. Frankly, that decision was more about healthcare than tires.

Well, I'm glad someone is paying attention, even if it is the Chinese MSM.

The Chinese worry (as do many Americans) that, coupled with unusually low interest rates, the deficit could trigger inflation.

Pretty damn obvious worry, not that you'd know it from listening to most of the MSM in America.

The real trick, then, for the Obama Administration will be to stimulate growth without triggering more inflation - one of the toughest economic balancing acts any government can face.

No no no. Everyone knows the most important issue facing the United States is health care! Health care I tell you! Which, thanks to the miraculous powers of our dear leader, health care is going to cost less while giving the same coverage to more people, while at the same time funding it by taxing health care companies and health care hardware. Truly, our dear leader is amazing:

The immortal exploits performed by the President for the prosperity of the people and the human cause of independence would remain long in the hearts of the people and the world progressives... abolishing the outdated international economic order and establishing a new one... The President devoted all his life to building the country where the people are masters of the state and society and everything of society serves for the popular masses. The idea founded by the President would shine forever with his august name.

Yep, that about covers it. Oh, wait, that's the North Korean News talking about Kim Il Sung. Well, it can be hard to tell the difference between the American MSM and KCNA these days. (KCNA, and use their index to go to July 21 2009 Kim Il Sung's Feats Lauded in Various Countries. The website doesn't let you directly link to stories.)