I’ve read somewhere that Chicago sold off their City Parking Meters and Towing Services to Arabs, maybe other public services, as well. Evidently some other cities are looking into similar measures, maybe already doing it. Haven’t heard of any National Parks, National Forests or other federal holdings being handed over to the Chinese to allay the servicing of our debt to them, or our trade deficit.“We’re getting calls from investors from all across Asia who are interested in Idaho,” she said.
The state’s low cost for doing business will help, too.Fact is, the government debt is owned by every US citizen. When the nation is mortgaged the people who hold the note loaned it with some assurance they’d either get the money back, get paid back in kind, or they’d get concessions to their advantage to make the loaning of it worth doing.
Kingston Trio–Merry Minuet
http://youtu.be/bp6dsKleGpU