Wednesday, September 8, 2010

Made in China - Paid in U.S.A.

Mark Steyn revealed a disturbing fact this past week. Strangely, I've not heard any news medium mention it.

Simply put, Steyn looked at the annual payment the United States is making to China just to cover the interest on the money we have borrowed from them.

Then he looked at the total Chinese Defense Budget. Guess what... the figures were nearly equal!

Steyn then conservatively projected the increases in our interest payments - as borrowing continues and interest rates rise - and arrived at the astonishing fact that in a very short time, the good old American taxpayer will be completely paying for China's military. All those fancy Chinese jet aircraft. All those massive Chinese aircraft carriers. All those millions of Chinese soldiers. All paid for by you and me.

When I was a kid, attending a small country school, we once scheduled a baseball game with an even smaller school. But there was a problem: that school did not have nine players to field a team. We had to give them several players so we could have a game. That worked out okay - we still won. But I have never heard of one nation equipping another nation with an army so they could have a battle!

Now, I don't think we are on the verge of a war with China, but imagine if we were! Think of all the good paying Chinese jobs, building war materials for both sides... all paid for by America!

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