America’s out of control: A $75 trillion fright fest

ARROYO GRANDE, Calif. (MarketWatch) — America’s out of control, drowning in debt, gorging: $75 trillion and getting worse. Now we’re dumping Fannie and Freddie on America’s balance sheet. Every year we pile trillions more on future generations.

Can’t trust McCain? Obama? Time for new leadership! The best qualified for president is the same great American hero we picked as our favorite write-in candidate for the 2006 elections: David Walker, former comptroller general, chief auditor of the U.S. Government Accounting Office for a decade before resigning last spring. He is ready.

Walker was the “voice of reason” in Washington while Congress and the White House kept wasting trillions like out-of-control drunks, digging America deeper into debt. Nobody listened. Politicians ignored Walker’s warnings, making matters worse as we went from a surplus of $5 trillion in 2000 to crushing debt that’s now $9.6 trillion.

http://www.marketwatch.com/news/story/paul-b-farrell-75-trillion/story.aspx?guid=%7B1E95D857%2D7CB8%2D46AD%2DB26C%2DD3732D93FD06%7D&dist=hplatest

Did you like this? If so, please bookmark it, about it, and subscribe to the blog RSS feed.

Possibly Related Posts:

• “Agricultural Products Cartel” Could Work
• Market manipulations come from Goldman, Citi, BoA, JP Morgan investment divisions
• Sounds like a lot of stuff that happens at too many American companies…, please read this.
• GS will be the most spectacular Wall St failure in history
• Jobs are Primary for everything to be healthy.

Did you like this? If so, please bookmark it, about it, and subscribe to the blog RSS feed.

Technorati Tags: 2006 Elections, 7d, Arroyo Grande, Chief Auditor, Comptroller, David Walker, Drowning In Debt, Drunks, Fright Fest, Future Generations, Government Accounting Office, Great American Hero, Last Spring, Marketwatch, Mccain Obama, Paul B Farrell, Trillion, Trillions, Voice Of Reason, Write In Candidate