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Has anyone listened to the Blue-Dog group on Cspan about the Bush administrations world loans to USA?
According to their reports this administration has taken on loans exceeding the entire amounts combined in the history of USA's world bank loans! They hint China all ready owns this country IF USA failed to repay! The BUSH administration also has US in HOCK to many other counties! How much of this is REAL or is this like how congress dictates the amount of MONEY printed etc?

2007-02-28 06:07:11 · 12 answers · asked by Anonymous in Politics & Government Other - Politics & Government

I did NOT post the original Q. Someone else did but it was removed before I could answer it.

2007-02-28 08:09:59 · update #1

bulabate: I was simply going to suggest to everyone that we better start learning to speak Chinese.
http://www.scottmcleod.org/didyouknow.wmv

2007-03-01 05:54:37 · update #2

12 answers

To answer your questions:

1.Not sure why your question was removed, but most likely someone reported it for some reason.

2.I haven't watched this group on cspan. Actually I don't watch cspan (sorry for me it is a yawn fest)

3. I don't know how much is real, but I would like a link to an article so I can judge the facts for myself.

2007-02-28 06:12:00 · answer #1 · answered by Jenn 5 · 1 2

The only thing you have to find is who really has that money.Chinese only have Treasury Bills in hand and if the worst comes to worst they could refuse to cash them.Most of the Money in Question is very much in the hands of American Citizens.Saudis invested here about a trillion dollars Tell me what leverage they have?Literally Zip Zero because they are under American protection and they can be raised or lowered like pirate flag at will.But I think this Money thing will ultimately destroy the American Democracy.Right now you cannot run for any office unless you have Millions and Millions which simply means that ordinary citizens are dis franchised from the political system.

2007-02-28 14:24:47 · answer #2 · answered by Dr.O 5 · 0 0

All of our asses are owned.
Look at our money. It says 'Federal Reserve Note'. The 'Fed' is NOT AN ELECTED BRANCH OF GOVERNMENT!!! They are the banks that lend the US our money...that they print OUT OF THIN AIR (nothing to back it with)....and CHARGE US INTEREST ON IT!!!
Did you also know that there are NO LAWS requiring us (as US citizens) to pay taxes to the IRS?
In other words......
Congress has never passed a law requiring you to pay taxes;
The 16th Amendment (authorizing an income tax) was never actually ratified;
The Internal Revenue Code applies only to corporations, or that it doesn't apply to wages or salaries, or that it applies only in U.S. possessions like Guam or the Virgin Islands;
The IRS itself says that paying income tax is voluntary;
A legal obligation to file a return that could incriminate you violates the 5th Amendment to the Constitution.


Someone will come collecting someday....

2007-03-06 21:46:54 · answer #3 · answered by ThatguyPete 3 · 0 0

What is happening, the Chinese are taking a lot of the money they are making from us and buying bonds. They have about a trillion dollars worth right now, and that is a lot of leverage if you want something. Try and imagine if the Chinese decided to sell all those bonds, or cash them in. Inflation would rocket up, spending power would drop. They are doing what the Japanese did in the 70's.

2007-02-28 14:11:17 · answer #4 · answered by Anonymous · 1 0

Just to let you know i was the one who posted this question & i was the one who deleted the question! Now look at the type of answers, what do they suggest! So Riddler what was your answer going to be like?

2007-03-01 10:33:32 · answer #5 · answered by bulabate 6 · 0 0

Ill be damned if Iran, China, or any other country gets America! Hell no! Will fight till the death on that!

2007-02-28 14:38:15 · answer #6 · answered by Liamm B 1 · 0 0

It is a fact that we owe China and other countries such as the nexus of terror, Saudi Arabia, a lot of money.

2007-02-28 14:12:42 · answer #7 · answered by Timothy M 5 · 1 1

Because pepole are too sensitive about others' feelings on politics.

2007-02-28 14:13:31 · answer #8 · answered by Anonymous · 0 1

It is all to avoid the dreaded T word. (tax)

2007-02-28 14:14:22 · answer #9 · answered by Anonymous · 1 0

The question was removed because a conservative gave an answer that the asker didn't like... it's called the truth. Apparently the asker couldn't handle it.

2007-02-28 14:11:18 · answer #10 · answered by Jester 3 · 0 5

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