There is a peculiar little secret that we are starting to reluctantly discover.
Our exploding daily debt under George W. Bush (nobody really knows how much) is being financed by the massive sale of U. S. Treasury Bonds. These IOU instruments are being bought in abundance by a country who owns more weapons of mass destruction than anyone and who is not particularly interested in the welfare of the United States of America.
Our benevolent banker is the largest Communist country that ever existed, The People's Republic of China!