No checks and balances like the founding fathers envisioned.
our checks bounce and our budget isn't balance.
i wonder if china recalls our loan, wouldn't they be owning the west side of the Mississippi? and east side, if OPEC nations recall their. so would we be spending money on defense for something that we are no longer own? when you default on your home loan, you get evict out of your house. how do you evict a country?
sometimes i wonder if it wouldn't be better if we used the money we spent on Iraq and Afghanistan to buy those countries out right, would it be cheaper?