Governmental Collapse
December 10th, 2008 by Hiland
Below is a post Lucas made back in March of 2007. Given the state of things, I thought a repost was in oder:
On 60 Minutes last night Steve Kroft spoke with the Comptroller General of the United States David Walker about his media tour across America to let us all know about the impending collapse of the federal government due to our current debt load, spending and impending costs of entitlement programs for the baby boomers. The thing is that pretty much everybody agrees with this guy. It’s the elephant in the room that no one wants to talk about.
http://www.cbsnews.com/stories/2007/03/01/60minutes/main2528226.shtml
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- Posted in Repost, Stupid Economy, surf and turf