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Debt Owed To Foreign Countries Now $47,495 Per Family

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Reader Comments (9)

He just moonlights part time for China. His full time job is working for the Wall Street banks while pretending to be President of the United States.
Oct 23, 2012 at 11:19 PM | Unregistered CommenterSagebrush
Ancient Chinese Proverb Say

He who print too much, find debt hangover in morning
Oct 23, 2012 at 11:35 PM | Unregistered CommenterThe Verve
I never borrowed any money from China...

Romney will fix it, that is why his campaign was raising funds in Hong kong last month.
Oct 24, 2012 at 12:42 AM | Unregistered CommenterS. Gompers
Oh yeah, Romney's got a plan. The ancient chinese deficit test:

Oct 24, 2012 at 2:13 AM | Unregistered CommenterDailyBail

In September, the Obama campaign collected $2,199,204.38 in donations with non-existent or invalid ZIP codes. The Romney campaign’s September total: just $29,620.

The revelation comes from a Government Accountability Institute (GAI) report to be issued tomorrow that combed the Federal Election Commission (FEC) data to determine the effectiveness of each campaign’s donation security system.

The GAI investigation also revealed that Obama.com is owned by an Obama bundler living in China with business ties to the Chinese government.

in full
Oct 24, 2012 at 2:18 AM | Unregistered CommenterLiberatedCitizen
They all do that funny campaign finance LC, and no one cares as long as it is their party only. That is why this very immoral system will never be fixed since everyone can justify anything for themselves, just not the other guy...

Unfortunately till that gets fixed there is 0 chance of recovery for this once great nation.

It is a shame.

Romney just happens to be the one making the very public "we got to fix this China thing" threats and then going begging from them. It is very much like the Clinton "Pharma investigations" which were suddenly dropped after many contributions were made by Pharma to the Clinton campaign.

Human nature is very predictable, yet the herd animals fall for it every 4 years. Obama won't do nothing about China either, the hand of the lender is always above the hand of the borrower. You reap what you sow, welcome to America's harvest...
Oct 24, 2012 at 11:16 AM | Unregistered CommenterS. Gompers
This letter will be published later today...



Chief Executives of more than 80 big U.S. corporations, including Goldman Sachs, JPMorgan and Boeing, are getting together to pressure Congress to reduce the federal deficit with tax reform and spending cuts.
In a letter posted on the Wall Street Journal website late on Wednesday, the U.S. corporate chiefs said it is urgent and essential to put in place a plan to fix America's debt. The letter is due to be released on Thursday.
If Congress fails to reach a deficit reduction deal by the end of the year, it will automatically trigger big spending cuts and tax increases in 2013. This so-called "fiscal cliff" would hit the still-recovering U.S. economy hard.
Oct 25, 2012 at 7:01 AM | Unregistered Commenterjohn
About 1/3 of the total public debt is "owned" by foreign nations. China's part of this is about 26% (8% of the total debt). Our biggest problem is domestic.
Jan 15, 2013 at 4:46 PM | Unregistered CommenterThomas

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