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To: stars & stripes forever

Whomever owns our nations secured debt owns the federal land. Egg rolls anyone?

45 posted on 04/16/2014 8:53:49 PM PDT by cornfedcowboy

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To: cornfedcowboy

Whomever owns our nations secured debt owns the federal land. Egg rolls anyone?

China owns only about 8% of the US debt. They buy the bonds at auction like anyone else and they receive no promises of any collateral when they do so.

51 posted on 04/17/2014 5:04:25 AM PDT by Straight Vermonter (Posting from deep behind the Maple Curtain)

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