That's what America is going to be by the time President Obama is done dealing with China. Face it Mr. President, China owns us. If they ever decide to call in our debts, we're screwed. We've spent ourselves into a black hole, and there is no light at the other end.
Stop spending money we don't have President Obama. I know you and Congress don't abuse your own finances this way. You pay the bills you have with the money you make. Not constantly on a credit card, and then refuse to make a payment. If you spent your own money the way Congress is raiding our treasury, you'd be homeless, and jobless.