what about the money flowing into china from our purchases, someone has big pockets, and what are they going to do with it? Sort of like the money we are spending for oil, more folks with pockets full of our dollars. This along with the debt we owe is a problem.
Kuwait {sp} buys our treasury notes because they have all our dollars from our purchase of their oil. That money isn't spread throughout the country, it ends up in a couple of pockets. I am sure they feel obligated to buy our treasury notes cause we saved their butt. It has got to the point where they are very concerned about our financial stability.
I have to wonder if the folks that run our country think like the other folks that have run up their credit card debt to a average of $6000+ per household.
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