Who really owns America's Debt ? - Page 1

Many Americans believe that China holds most of our debt.  Actually that is not correct.  Here is the latest breakdown.  Most of our problems lie with the largest Wall Street banks which are now out of control and started gambling with investors money due to the repeal of Glass-Stegal, using massive derivative/credit default swap type investments with little equity behind them, a virtual hose of cards necessitating twp separate bailouts, one under Bush2 and one under Obama.

http://www.blacklistednews.com/Who_owns_America%3F_Hint%3A_It%27s_not_China/14850/0/38/38/Y/M.html 

Another view of the real cause of growing debt.  High unemployment and huge decreases in tax collections.

http://finance.yahoo.com/blogs/daily-ticker/return-mass-layoffs-grim-sign-u-workers-190228219.html


Max Keiser on the real cause of the extended and deep recession the USA is in.

http://www.youtube.com/watch?feature=player_embedded&v=UXkY7Bus3T0