Last night, SNL ripped President Obama's recent trip to Asia, and the arrogance of us telling the Chinese how to run their country.

Here's part of the transcript via Freedom Eden:

...

INTERPRETER: Are we? Are we going to get our money? Because from what I read your country is in the middle of a serious recession.



OBAMA: Uh, while this is true, there are signs that our bailout has steadied the financial markets and our stimulus package has been effective in fixing the job crisis.



(Hu Jintao "speaks.")



INTERPRETER: I'm curious. How many jobs has it created?



OBAMA: Uh, so far, none.



(Hu Jintao "speaks.")



INTERPRETER: I see.



OBAMA: But our health care reform plan, we're confident, is going to lead to enormous savings.



(Hu Jintao "speaks.")



INTERPRETER: How exactly is extending health care coverage to 30 million people going to save you money?



OBAMA: I... don't know.



(Hu Jintao "speaks.")



INTERPRETER: And this "Cash for Clunkers" program-- I have read that you purchased many clunkers with our money.



OBAMA: Yes, we have.



(Hu Jintao "speaks.")



INTERPRETER: What does this word "clunkers" mean?



(Hu Jintao "speaks.")



OBAMA: Well, a clunker is a car...



(Hu Jintao "speaks.")



INTERPRETER: I know what a clunker is. And just so there is no misunderstanding, you are not allowed to pay us back in clunkers.



OBAMA:Of course not.



(Hu Jintao "speaks.")



INTERPRETER: You know, as I listen to you, I am noticing that each of your plans to save money involves spending even more money. This does not inspire confidence.



OBAMA: I assure you, you're going to get your money.

And here's a video, which will likely get taken down at some point, but will have to do for the moment until NBC puts its version up.