These lies were flying like the Monkeys in the Wizard of Oz. No way the Tin Man, the Scarecrow, the Lion, or Toto could stop them.
China is thinking about selling our debt. Or, China is going to stop buying our debt. Or, China holds 25% of our debt.
At any rate, the liars say China is our main banker and can call in our loans, bankrupting our country.
Horsefeathers!
We are $10.9 trillion dollars in debt. Our debt is in the form of Treasury securities like T-bills and bonds. China only owns $686 billion in U.S. Treasuries.
WARNING! RUDE AND CRUDE LANGUAGE IS ABOUT TO APPEAR ON THIS SCREEN. SUCH LANGUAGE APPEARING ON THIS SCREEN IS SMALLER THAN IT APPEARS.
SIX PERCENT. Exactly 6.29 percent of all Federal Debt is owned by China.
Why do the fricken Republicans lie about this?
Monday, March 16, 2009
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