Saturday, September 12, 2015

Who Owns The Most US Debt ???

Can you spot the falsehood in this report?

http://money.cnn.com/2015/09/10/investing/china-dumping-us-debt/index.html?section=money_topstories

Bingo! It's the first sentence - "It's no secret that China is the largest holder of U.S. debt."

The largest holder of US debt actually is Social Security:

http://www.forbes.com/sites/mikepatton/2014/10/28/who-owns-the-most-u-s-debt/

That's right. "Our" trust fund was turned into debt. And that particular massive theft of our financial future started in the Bill Clinton administration.

Don't let his so-called "wife" (or anyone else) complete the destruction of Social Security.

By the way, I'm not implying that China's dumping of US debt is not a problem. I'm merely pointing out that CNN (once again) doesn't have their facts straight.

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