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Response to LiberalAndProud (Reply #3)

Sat Sep 22, 2012, 01:40 AM

4. I remember seeing an interview with the President

I believe he said most of our US Debt is owed to the good people of the USA and that we do not owe that much to China. I don't know if that is true..but I tend to believe the President. Owing money is not good..but I seriously doubt the Chinese Government is going to go crazy trying to get its money back. I am sure it was a loan in good faith, and it will be repaid in due time.

edited to say, this was when he was being interviewed by David Letterman, recently.

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