Even though the United States has built its reputation as a powerhouse, even the most powerful countries experience hardship.  In an attempt to revive the economy, the U.S. government has implemented Keynesian economics, which basically pumps money into the system to stimulate the market.
But the government does not have endless funding to lend to the free market. This spending has turned into debt.  In the same way that an average person would acquire a loan, the U.S. government has obtained loans from other countries.  There is, however, one main problem: China.
China owns about $2.4 trillion U.S. debt, which is more than any other country currently owns.  Because China owns so much U.S. debt, it has a certain amount of power over the United States.  When China disagrees with U.S. foreign policy, it can threaten to sell off its ownership of U.S. Treasury bond holdings, which in turn would cause interest rates in the U.S. to increase and would undoubtedly set back any economic recovery.
One of the more recent disagreements between China and the United States was when the U.S. sold $6.4 billion of arms to Taiwan.  The sale not only included helicopters and diesel submarines, but also F-16 jets, according to the New York Times. 
Chinese leadership opposed this deal because they claim territorial sovereignty over Taiwan and want to stifle Taiwan’s independence.  China has claimed that the acquisition of military supplies will hurt Taiwanese-Chinese relations.  The reality is that Taiwan will be more independent of China, and Chinese leadership does not like this.
Not only did Chinese military officials criticize the deal with Taiwan, but they have also criticized President Barack Obama’s upcoming meeting with the Tibetan leader, the Dalai Lama. China also claims jurisdiction over Tibet and feels threatened by any independent undertakings.
This is where things get sticky.  In recent weeks, Chinese military officials have openly called for China to sell off its U.S. Treasury bond holdings as a form of retaliation. 
In addition to economic penalties, Chinese military Major General Luo Yuan has called for political, diplomatic and military retaliation. 
We are now in the pocket of a communist, military-oriented country, which is threatening us with revenge when they disapprove of our policies.  Some even believe that China will wage economic warfare.
Americans should finally acknowledge that a country that censors the press and controls how many children a family may have actually has a large influence over the U.S and that this is a real problem.
The founding fathers of this country convened in the late 1700s with a very specific plan.  Through the U.S. Constitution, and the later addition of the Bill of Rights, they designed a government that is still incredibly successful today. 
But we have to remember the ideals that form the base of this country: our natural-born rights such as life and liberty.  And what about our First Amendment rights such as the freedom of speech, religion and press?
These principles were essential to the foundation of our government, and they still exist for a reason: they are our rights. 
The founders of this country did not intend it to be slapped around by extremists whose last concern is individual rights. 
Some say that China wouldn’t sell off our debt because they rely on U.S. imports and that hurting our economy would damage their own.
Regardless of whether they would sell the debt or not, the U.S. government needs to focus on preventing the country from even making this a possibility.  We have to cut back spending and focus on paying off this communist regime.  Our ancestors fought for our independence so that the United States would never be controlled by another country.