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Originally Posted by Greg B
This new law is nothing more than another step to sell us out. LOOK at who owns your debts and medical insurance. They're Chinese, Israeli, Saudi, etc. etc. etc. We're OWNED by everybody EXCEPT us! We're being fucked royally and OWNED.
Sit back and let this shit happen to you if you want to.
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What you're not taking into consideration is that the US government will probably do the same to foreign governments as they are doing now to their own people.
The Saudi's think they "own" land in America, in the same way that US citizens think they "own" land here now? There's nothing to prevent this gov't from revoking their claim of "ownership". There's nothing that these other countries could do if the US decided to default on their debts. What are they going to do, try to collect debts from a country that could nuke them out of existance within the hour? I think they'll continue "loaning" money to the US and I doubt they'll get it back.
Don't take this the wrong way, I in no way personally support this idealogy, but this is what seems to be happening.