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.
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)