Do you believe that George Bush has borrowed enough money from China?

Question

America is now owing over three Trillion dollars to China, The National dept is reflecting what is happening to the American Dollar. our childrens children will never be able to pay this back when will it stop?

Answer 1

Eventually the Chinese will own America. When all US Treasury Bonds are owned by the Chinese governement it will be all over for the US, and the American people will have no say in their affairs. Politicians would prefer to ignore this as the solution means a big cut in their rampant runaway spending and an immediate end to foreign wars and and end to all foreign aid and a big pay cut for all of them. They just want to grab as much as they can for themselves and spend as much other people's money as they can to win special favors and more votes so they can stay in office and continue to grab as much money as they can. The fact that the country is sliding into Chinese hands is of no concern.

The US became rich because it had abundant natural resources and a pioneering spirit. China is becoming rich for much the same reasons: it has an abundant resource (a massive pool of cheap forced labor) and a pioneering spirit (communist dictatorship willing to exploit this slave labor). With billions of poverty-stricken peasants forced to work for the benefit of the state the Chinese have an immense wealth-generating machine. It is this exploitation of several billion mindless peasants who are worked to death under the communist dictatorship that will eventually overtake and bury the US.

Answer 2

As previously stated, it isn't the President, it's the congress & house that control the funds, with the President having the right to veto. That said, our uncontrolled spending has put the US in a tenuous position. One has only to read about the dollar being at an all time low compared to other currencies to know that our policies aren't working. It's time for major shift in US policies, IE stop spending all of our money overseas - stop pet pork projects and use the money wisely. Pay off the national debt.

Answer 3

Dubya has nothing to do with it. We as a people have been maintaining current standard of living by selling off capital assets. Sooner or later we'll run out and become the third world nation we have been, ever since we stopped making anything and became a nation of shoe shines and burger flippers (service economy)

Answer 4

I am in china, I never heard this things. I can not believe that the George Bush has borrowed enough money from China.
and China is a developing country . China have not ability to give America three trillion .

Answer 5

George Bush didn't borrow the money. Congress is the source of all spending.

The biggest budget issue is Social Security, Medicaid, & Medicare.

Answer 6

considering China GAVE money to the Clintons for poltical favors, I think he should ask for it outright. Then when hes out of office the pelosi/reid regime will really have something to blame him for. If there giving money to one party than yes, there is no reason for him to borrow any more.

Answer 7

We would all be better off if Bush had died in his sleep of natural causes Ten (10)* years ago.**

Answer 8

You're confusing President Bush with the Clinton's, please get your facts straight.

Bill Clinton, and now Hillary have been caught numerous times with their hands in the illegal Chinese contributions cookie jar.

Answer 9

Yes and when are we going to stop giving a Communist enemy our money

Answer 10

You forgot to say the sky is falling. It is, you know.