David Walker CNBC January 2010 Video

By IBTimes Staff Reporter | January 06 2010 9:45 AM

One of our absolute favorites, ex-Comptroller David Walker, returned to CNBC this morning to cohost. The fact this gentleman, who had been warning about the issues of our national fiscal irresponsibility for a decade+, decided the only way to try to enact government change was to actually LEAVE government - showcases the truly dire straits we are in.

Sponsorship Link

It almost seems quaint now that he/we were stressing over budget deficits of under half a trillion a year [Jul 28, 2008: US Budget Deficit to Half a Trillion] back in the good ole days, when we just finished off a year of roughly $1.5 trillion, with $1 trillion+ deficits ahead of us for as long as the eye can see... [USDebtClock.org]

6 minute video below [email readers will need to come to site to view]

Earlier David Walker related (all worth your time)

[Aug 24, 2009: Cumulative Deficit Estimate for Next Decade Increased by $2 Trillion.... Since May]

[Aug 26, 2009: US Federal Budget in Pictures]

[Jun 12, 2009: NYT - America's Sea of Red Ink was Years in the Making]

[May 29, 2009: In 1 year, US Taxpayer on the Hook for $55,000 More per Household]

[Aug 7, 2008: I.O.U.S.A. Movie Trailer]