Much Of It Owned by CHINA

[otohara]

anyone else seeing the scary Crossroads ad, where the lady says most of our debt is "owned by CHINA"

Is this Obama's fault too?

Hey lady, the GOP shipped most of our manufacturing jobs to CHINA!

[SOS]

1. China holds 7%

Not exactly the definition of "much of it".
But honesty in a Crossroads ad would be too much to expect.

[dkf]

2. Well we need every penny they want to spend.

[girl gone mad]

6. Actually, no, we don't.

We have no need to borrow from China or any other country. We have no need to borrow at all.

[gateley]

3. We also owe Japan and Mexico(!) and some others I don't recall --

the list was too long.

WHO borrowed all that money??

[OHdem10]

4. Rove should know. GWB borrowed from China spedifically

for Afghan War.

[Kaleva]

5. Most of our debt is money we owe ouselves.

About 4.5 trillion of our debt is held by foreign holders.