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To: snowsislander
Our debt is clearly "skyrocketing", and it is a growing problem; the question is really how serious is it?

The "external" debt (debt owed to foreign countries) is extremely troubling.
As a US citizen, it means that your tax dollars will go to make interest payment to those foreign countries before supporting out own government.

"Think what you do when you run into debt;
you give another power over your liberty."

-- Benjamin Franklin (1706 - 1790)


43 posted on 10/20/2004 4:59:54 PM PDT by Willie Green (Hawkins/Tonnelson in 2004!!!)
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To: Willie Green
"The "external" debt (debt owed to foreign countries) is extremely troubling"

Oh, come on Willie. Do you honestly think we should be concerned about how many US government bonds foreign governments own? Those bonds have no indentures or leins. What would you do? Prohibit them from owning them? You are mister nut case. Not one part of this post is legitimate. Go away and may you lick the chains that bind you. Good grief!

58 posted on 10/20/2004 8:03:43 PM PDT by groanup (Believe me, if it doesn't say Bush Wood on it you don't want it.)
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