Sunday, September 25, 2005

Debt To Chinese A Threat?

This morning on Meet The Press, Tom Friedman of the New York Times, said we should not ask how much are we going to spend to rebuild after Katrina and Rita; we should ask "How much are we going to borrow from China?"

He pointed out that what we now owe the Chinese is approaching a TRILLION dollars and asks what kind of influence that amount of money will give the Chinese in our affairs.

Has our debt to the Chinese become a national security threat?

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