Need Money? Ask China!

As usual the Government of the United States wants to spend well beyond its means, or I should say the elected officials sitting in Washington want to do so. Some of us know that when we are out of funds, out credit cards are maxed out, and banks refuse to loan us money, there is no where we can go. Eventually Congress will face this same issue. There are numerous nations around the world that the U.S. owes money to and whey want to collect, where is the U.S. going to get the money from? Taxpayer money, it seems won't do the trick, and government bonds do not have much return on them, many of which have less than a one percent interest rate on them. Some people in Congress realize this and want to get back to a more fiscally responsible scheme. There is an old say that in order to make money, one has to spend money. However, in this case, Congress has spent way too much, and plans on spending even more.