The Onion presents a hilarious satire (or is it reality?) Secretary of Defense Humiliated as US Credit Card Rejected. It seems that Rumsfield was uanble to charge Australia’s order for some military hardware on the US credit card:
The credit card, a Fort Knox Executive Club Visa granted to the U.S. during the Clinton Administration, had an assigned $300 million credit line. When the country accrued a balance approaching the limit in 1995, the credit-card company awarded the U.S. additional credit. According to a Visa representative who spoke on the condition of anonymity, the company granted extensions 14 times since then, but as of Monday, the card had never been rejected outright.
The article does raise some serious questions: what will happen to the US when the rest of the world decides to stop loaning us the money to live beyond our means?
