ROMNEY'S "BELIEVE IN AMERICA" CAMPAIGN BUTTONS ARE MADE IN CHINA!!!!

If you can read english and understand it you will see that Obama hasn't made us owe China anything. We owe them because the people of our country don't know how to buy goods made or packaged here in the United States.

China and the US: China exports more to the US than the US exports to China. This creates a problem; when US consumers spend money on Chinese-made goods, large amounts of US dollars flow to Chinese companies and thus enter China. However, since US dollars cannot be used in China, these companies must exchange them for local renminbi currency at their banks, which in turn exchange them for renminbi with the Chinese central bank, the People’s Bank of China. As a result, the central bank has to print more and more renminbi to keep up with the inflows of US dollars coming in. This increases the Chinese money supply and spurs inflation, an issue that China has been consistently battling. Additionally, the Chinese government still maintains restrictions on what Chinese investors can invest in outside of China, so it can be difficult for renminbi to leave the country.
The central bank accumulates large amounts of US dollars. Because it is a central bank and typically must invest in safe assets, the People’s Bank of China has used these reserve dollars to invest in what is considered to be one of the world’s safest asset classes: US Treasury bonds. Why? Because the US government is least likely to default on its debt; the US is the premier economic power in the world and the US dollar is used regularly as a medium of trade throughout the world. Therefore it is highly unlikely that the US government will be unable to pay back its borrowers. Thus, US Treasury bonds have what we call low default risk. The Chinese currently own approximately $1 trillion in US Treasuries. Now, circling back to our original question, this is what it means when people say that the US owes China money.