China.
http://fpc.state.gov/documents/organization/99496.pdf
We have gone from the largest creditor nation the world has ever seen, to the worlds largest debtor nation the world has ever seen. China holds our debt. Others do too, but you know those sneaky reds.
The tax rebate check, an obvious give away to China. Considering nobody is rushing out to spend it on American made goods. If they can even find one.
The fannie and freddie bailout is another give away to China. Guess who buys the treasury securitys from fannie and freddie.
We are being taxed and then the money is being shipped overseas, not put back into our own infrastructure/economy.
We are sinking fast. The Republican mantra of "privatize the profits, socialize the losses" is the final nail.