Bill Delahunt: “And in addition to China, Mr. Speaker, the OPEC countries, they hold debt, American debt, in excess of $75 billion. Now…”

“And in addition to China, Mr. Speaker, the OPEC countries, they hold debt, American debt, in excess of $75 billion. Now, 5 percent of $75 billion, you know, is probably $4 billion, something like that. Those are just interest payments, Mr. Speaker, that we are sending to the OPEC countries. I mean, this makes no sense at all. It erodes the strength, the economic strength and the position of the United States of America in the international community. The President often talked several years ago about creating an ownership society. What he failed to tell us was that America was being sold piecemeal to the Chinese, to OPEC and to the Japanese. I mean, we no longer own our wealth. It is foreign governments, foreign nations that are our competitors and our potential adversaries, according to some, that are buying America's wealth.”