Chinese Premier is Worried...He should be glad he is not in the U.S.

China, the U.S. government’s largest creditor, is “worried” about its holdings of Treasuries and wants assurances that the investment is safe, Premier Wen Jiabao said. “We have lent a huge amount of money to the United States,” Wen said at a press briefing in Beijing today. “I request the U.S. to maintain its good credit, to honor its promises and to guarantee the safety of China’s assets.”

As the recession deepens, doctors and hospitals are reporting that hard-pressed patients are deferring elective surgery, like knee replacements and nose jobs, even as others are speeding up non-urgent procedures out of fear that they may soon lose their jobs and health insurance.

Interesting note from the Irish:
The government has told seven state-insured banks that its top executives must be paid euro500,000 ($645,000) or less from now on as part of the deal, the Finance Department announced Friday.