America’s out of control: A $75 trillion fright fest
By Daniel at 8 September, 2008, 7:56 pm
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
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