Who do we -USA- borrow from now that we are in debt?

The debt is and has been since 1913 to a private bank (connected to the world bank) which owns the Federal reserve!

The Fed Rev lends the US money at high interest and takes your income tax dollars as payment on the interest owed.

It's a bit of a viscous circle!

They have created a dependency much like that of a drug pusher!

You can't live with them, but you believe you can't live without them!

FTWR

ADDED for those who have never considered this!

Who prints the the Great American dollar?

Who controls it?

What would happen if the rest of the world stopped using it?

(this happen with the British pound!)

When the Government wants to borrow money, the Treasury Department issue bonds that are auctioned off to the public. The public bids on the interest rate they are willing to spend.

(ref: http://money.howstuffworks.com/debt4.htm ) You can buy them if you like at http://www.treasurydirect.gov/

About half of all U.S. debt is purchased by the government itself. By law, Social Security surpluses must be invested in U.S. Securities and the Federal Reserve uses securities to collateralize the money supply. Debt owned by other U.S. government agencies is a bit of an illusion. Like writing an IOU to yourself, you could pay yourself back or ignore it but the net result is the same.

You can see debt ownership broken down in this document: http://www.fms.treas.gov/bulletin/b2007-4ofs.doc (please note the document name changes every quarter so you may have to back up a directory to find the current one)

Of the debt held by the public, most is held by foreign countries with Japan and China being the main bond holders

(ref: http://www.treas.gov/tic/mfh.txt )

futures! just like abe lincoln did in the civil war. he told the french and the british that our population was going to triple in the next fifty years so he borrowed on the future tax revenue.same as now. thats why our education is sstate payed for and that swhy we a re trained to do the pledge of allegiance.creative trading is definately a government tool. nixon avoided depresion by getting rid of the gold standard and kept a strong army . checks and balances.lol your answer is we are their bank. nearly a third of everyones income gets to government. thats why government conracts are the most lucrative. heres an amusing anecdote. the government found 300 billion in gold in new mexico 25 years ago / but thats not in the books. and its not in fort knox either. in chicago here we have so much precious art that its in outside storage. on e guy bought a 250 000 dollor statue for 400 dollors at auction. we have resources but poor management. go hillary! **** obama . just want ed to add that.

The US Treasury Department is responsible for supplementing the governments cash inflow with bonds, often issued to foreign countries. The Treasury Dept. sets interest rates so that they are attractive to investors in order to compete with other possible investments. Foreign governments are often motivated to buy US Treasury Bonds as a tool to control the exchange rate, in order to keep their currency deflated in relation to ours. This makes their products cheaper for Americans to buy, improving their country's exports.

Most of the US debt is in the form of T bills which are primarily purchased by US citizens.

Most of the foreign debt that we owe is to the UK.

The United States doesn't borrow money. We rely on the reputation of the Great American dollar to uphold our investments. Being in dept means nothing to the United States.

They sell bonds.

The government can get funds from bonds, but more importantly, it can regulate the money supply. The FED can buy back the bonds, putting money into the economy, and sell them to take money out.

They simply sell government notes to whoever desires to purchase them.

the world banks

the tax payers