Glug,The purpose of the question, is on what amount is the...

Glug,

The purpose of the question, is on what amount is the Taxpayer paying Interest on and how much Debt has to be paid back.

The numbers I used was just an example. Because your House is $500,000 and Loan $380,000 you are not paying Interest on $120,000 are you and if you Pay back $120,000 to the Bank you do not own you House do You?

We don't sell all our Assets to lower Interest and pay back the Debt do we?

As Joe Hockey said we have no more Assets to sell that's why Gross Debt is the Debt that matters and Net Debt is Smoke and Mirrors.

snider