Barack promised them part of GM in order for them to stay with our debt.
You are correct sir.
1. The FED keeps the debt and payments from it.
2. The Chinese get tangible assets for their debt.
3. The American people pay for it all.
Geitner and his minions created the deal.
Barak O'Bama read it off the teleprompter.
Nicely done Secret Agent Man.
Excellent Analysis.
The question is, what else does he give away to keep them buying our bonds so he can spend more?
Scary Stuff....
UAW guys are probably fuming....