Does it make sense for our government {USA} to borrow money from China?
and give us a rebate so we can buy more stuff made in China?
Law & Ethics - 4 Answers
Random Answers, Critics, Comments, Opinions :
1 :
LOL, Merl Lynch is not the government, nor is citicorp.
2 :
Actually China is paying off some money owed to the fed so the government does not reach it borrowing limit. This in no way impacts trade with China as of yet, however it does mean that china is one of the USA's creditors which is a precarious position to be in.
3 :
the way i think is they make the money why not just make enough to make us a rich country and forget the money we owe if we make it why not just make a lot of it.....
4 :
So when has the US government ever done anything sensible in the last 100 years? We are talking government here not Bill Gates or Donald Trump or Wallstreet. If a business like Microsoft ran their business like the US govt. runs theirs, they'd be broke, bankrupt in half no time! They'd be murdered in the open market. But then Microsoft actually has to do something for a living. The govt. just steals the money from the taxpayers, so the Feds just don't give a poop what they do with YOUR money. Microsoft or Sony has to spend or invest THEIR OWN. If their products or services don't sell, then they don't make money. The govt. is a racket just like the Mafia. They've got the citizen by the balls in a vice grip. You complain about their abuse of your rights or the senseless waste of your money and the vice gets tighter. Soon you'll learn to be a good citizen and shut the hell up. Despite the fact that the citizenry created their government, they don't own it, or control it. The government OWNS and CONTROLS them. How did the freest nation on Earth become Big Fat Brother Juggernaut that crushes all that get in its way? You wanted to be safe and secure and babied and pampered...You were afraid and you refused to take control of your own lives and so let the "authorities" do if for you. You were afraid, you wanted to be secure and safe and for Momma to take care of baby who cannot think for herself and change her bloody diapers. You wanted Big Brother so you got it. Now that Big Brother owns you lock stock and barrel, it's a bit late to do something about it. A representative Democracy or Republic isn't one bit different from a Dictatorship if the representatives are not answerable to and easily removed by the people! You've got an Oligarchy, a Plutocracy in the USA. It's not a Democracy, nor a Republic as J.J. Rousseau described one.