FlickerFade
Well-known member
- Joined
- Jul 22, 2005
- Posts
- 239
Your numbers are way off in your effort to draw the spotlight away from the facts. I see you didn't bother to make an attempt to refute anything else I said because you know the American people are correct when they give Bush an approval rating in the 30% range after 8 years of suffering through his disasterous economic and foreign policies.
I will admit that I forgot to include Japan in the mix. China and Japan hold 47% of our national debt. So how do you come up with 5% for China alone? I used round numbers of 50% total...so sue me.
Here is the link for you to verify all of this. You'll have to scroll down about 3/4 of the way, but it's there.
http://en.wikipedia.org/wiki/United_States_public_debt
In one of Obama's recent Primary victory speechs, he said, "Am I my brother's keeper? Yes I am!" That goes to the heart of the difference between Republicans and Democrats. You as a Republican are all about the 'I've got mine screw everyone else' mentality. You have no compassion. You have no vision for a better country or a better world. Yet you don't want that coal burning power plant in your backyard, but it's OK to put it in someone else's. You don't give a hoot about the 54 million Americans who have no health insurance because you've got yours even if the cost of your insurance is insane. We as Democrats follow the belief that our country was founded on the principles of compassion and helping others who are less fortunate than ourselves. It also means protecting the planet, and beautifying our surroundings to pass down an even better environment to our children. That would be an anathema to someone like yourself who like a typical GOP robot spouts the Bush/Cheney greed & corruption program while the house is falling down on all sides in front of your face.
Wrong again. Did you even read the wikipedia? Here's the wiki quote: "....traditional defense of the national debt is that we "owe the debt to ourselves", but that is increasingly not true. The US debt in the hands of foreign governments is 25% of the total[31],
My statistics are from this report on national debt I read just this week: http://www.concordcoalition.org/doc/crs-debt-basics.pdf
It's from 2005 but the numbers are similar to your referenced numbers. Your numbers say that 25% of federal debt is foreign owned it was 22% in 2005. Of that your numbers say 47% is Japan and China (which is about 10% of total federal debt). Thus making China less than 5% because in 2005 Japan had 4 times as much of our debt as China.
Once these feel good programs punish American business, what evil corporation will hire your sorry arse?!
Typical liberal Obama supporter. Feeling trumps facts every time
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