The President, who seems to find us unworthy of his governance, recently told Asian leaders that the United States has been lazy when it comes to attracting foreign investment. The statement is factually incorrect in that the country has been very successful in attracting foreign capital. How else could we finance our twin deficits? More to the point, it is the Obama administration that has been openly hostile to foreign investment, as well as practically any private-sector investment. The IBD calls the President on this one.