Recently after seeing Walker of the General Accountability Office, a branch of our Federal Government, give a lecture posted on Youtube, I became concerned. Walker has fallen short of calling the U.S. Government "Insolvent" and also cited in his 2007 GAO report (http://www.gao.gov/new.items/d07607t.pdf) that the primary cause of this "insolvency" stemmed from the DOD's poor accounting for the last decade, and entitlements due the baby boomers set to retire in 2008. The cost of those entitlements, primarily healthcare cost the greatest concern.
After reading the entire report, I e-mailed a note to every key politician I know including Rell, Shays, Lieberman, Dodd, and DeLauro. Naturally if we are to avert the bankrupcy of America of which may arrive as early as next decade, our Representatives should have a plan.
It occurred to me after watching Walker speak that any politician looking to help Ameriaca's poor fiscal condition must adapt a platform to include. Cutting your Social Security, Cutting your Medicaid and Medicare, Cutting your V.A. Benefits, Cutting state funding, reducing if not eliminating foreign aid, withdraw from engaging in expensive wars, and simultaneously increase every tax to yield maximum revenue back to the government to pay debts.
To put the seriousness of this problem into perspective, America has indebted every American family almost $600,000 dollars (by todays estimated calculations.) The government currently owes 57 Trillion Dollars. With this looming disaster, and the head of the GAO screaming this message, still virtually no one sees, or cares, about the impending economic collapse. There is no talk of it anywhere!
At some future point it may be entirely necessary for CT to abandon the Dollar and print its own currency, you may need to be friendly with your neighbors and learn to barter again until the nation recovers from its failures. I say this because I believe that not one single future politician will be electable if they take the saving of America seriously. I do not wish to be harsh but too many American's do not care about government, we are largely uninformed, and naively believe mass media to be news. A media which is governed not by News, but advertising and ratings.
America's culture prefers to tune out negativity, American's would rather watch celebrity gossip, and a barage of stories focused on our own people committing crimes against each other while our powerful leaders enjoy media exile and benefit from your uninformed oasis.
Every great nation on earth has fallen, The Aztec's, The Egyptian's, The Romans, and perhaps in the not so distant future America. Watch the warning from Walker the GAO Sr. officer. He is begging our Representatives for action, and now he is begging you to listen! Our Government has become apathetic and is hopelessly addicted to spending.
Our Current Debt s of today.
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