“He’s using debt as a way of settling America’s colonial debt. In other words, the idea here is that America owes the world trillions of dollars. Now, Obama knows that he couldn’t possibly propose such a foreign aid program – even Democrats wouldn’t vote for that much giveaway. But think about how debt achieves the same result. If our children and grandchildren are saddled with trillions of dollars of debt, they’ll have to pay it back, and to whom? Well, a good deal of that debt is owned by the Kuwaitis, the Saudis, and the Chinese. Debt becomes a form of global wealth redistribution….”
