Is the Administration waking up to the predicament of the U.S. debt load?
May 15th, 2009 | 2 commentsBloomberg relays the epiphany: “We can’t keep on just borrowing from China,” Obama said at a town-hall meeting in Rio Rancho, New Mexico, outside Albuquerque. “We have to pay interest on that debt, and that means we are mortgaging our children’s future with more and more debt.” Holders of U.S. debt will eventually “get tired” [...]










