I owe I owe
Well the chickens have come home to roost folks.
You see when you borrow money you become a slave to whomever you borrowed the money from and that is exactly what is happening as Congress irresponsibly continues it's insane spending spree.
The Chinese government now is demanding that additional insurance be created to insure that the 2 trillion dollars of US debt they have bought will be paid back. This signals a profound change in how our American government finances it's deficit spending because for the first time ever a foreign nation is injecting itself into our national finances innappropriately.
Congress and the President had better wake up folks. It wont be long until no one in the world will buy our t-bills to finance our federal budget deficits and then what will we do?
- Jeff's blog
- Login or register to post comments


