We are not in control of our own destiny when foreigners own so much of our nation. Under Obama this has skyrocketed. Today AP reports:
Foreign ownership of U.S. Treasury securities rose to a record level in October.
Total foreign holdings of U.S. Treasurys rose to $5.48 trillion in October, the Treasury Department said Monday. That was up 0.1 percent from September.
China, the largest holder of U.S. government debt, increased its holdings slightly to $1.16 trillion. Japan, the second-largest holder, boosted its holdings by a smaller amount to $1.13 trillion. Brazil, the country with the third-largest holdings, increased its total to $255.2 billion.