[Jim from C-Town]

They are owed very little by us as a percentage of our debt. Less than $2 trillion. We owe most of our debt to the Federal Reserve who has been buying it at the clip of $85 billion a month for the last seven years, The entirety of the Federal Deficit since Obama took office has been monetization. The Chinese haven't bought any of our debt in years.

We screwed ourselves over when Bill Clinton was POTUS through non fair trade agreements and most favored nations status for the Communist Chinese.

As for war. Obama is a pussy. He has no sack to stand up to anyone except the eunuch McConnell and the drunken lout Boehner.

[dp0622]

thanks for clearing that up. I thought we owed them much much more.quantitative easing must be the most insane thing this country has ever done. 85 billion a month good God. I don’t understand economics that well. If we don’t pay the Federal Reserve back I don’t know who gets hurt

[tcrlaf]

“We screwed ourselves over when Bill Clinton was POTUS through non fair trade agreements and most favored nations status for the Communist Chinese.”

Wait.... What??
This simply CANNOT be true!
The TV told me so.

Remember how libs on TV during the Clinton years of the 90’s told us that sending our dirty manufacturing to China would usher in the GREEN UTOPIA of Service and financial sector jobs??

And that anyone who dared to disagree was a crazy, anti-science bigot that hates clean air and clean water??

[caww]

....”We screwed ourselves over when Bill Clinton was POTUS through non fair trade agreements and most favored nations status for the Communist Chinese”....

You got that absolutely right!

[lentulusgracchus]

As for war. Obama is a pussy. He has no sack to stand up to anyone.....

Of course he does, he's been fighting against America ever since he was a boy, and and his KGB tovarisches and his good friend Vladimir Putin.