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October 29, 2006

US: "Accountant in Chief" Looks for Finance Debate

What does this has to do with resisting Islam? Simple; as the United States gets older and most of our people clamor for prescription drugs, affordable retirement homes, etc., the desire to just withdraw from the world will grow stronger. It doesn't help that so much money will be needed to keep the unaffordable levels of "benefits" that are now law. And Europe finds itself in an even worse position than America does: it is getting older, faster, and the immigrants it counts on to fund their even more unaffordable programs are members of the Religion of Peace and Tolerance (tm).

It should be noticed that President Bush and the Republican Party tried to do something about it last election cycle and they failed. The American people chose self-delusion instead of facing reality: GAO chief warns economic disaster looms

AUSTIN, Texas - David M. Walker sure talks like he's running for office. "This is about the future of our country, our kids and grandkids," the comptroller general of the United States warns a packed hall at Austin's historic Driskill Hotel. "We the people have to rise up to make sure things get changed."

But Walker doesn't want, or need, your vote this November. He already has a job as head of the Government Accountability Office, an investigative arm of Congress that audits and evaluates the performance of the federal government.

Basically, that makes Walker the nation's accountant-in-chief. And the accountant-in-chief's professional opinion is that the American public needs to tell Washington it's time to steer the nation off the path to financial ruin.

From the hustings and the airwaves this campaign season, America's political class can be heard debating Capitol Hill sex scandals, the wisdom of the war in
Iraq and which party is tougher on terror. Democrats and Republicans talk of cutting taxes to make life easier for the American people.

What they don't talk about is a dirty little secret everyone in Washington knows, or at least should. The vast majority of economists and budget analysts agree: The ship of state is on a disastrous course, and will founder on the reefs of economic disaster if nothing is done to correct it.[...]

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Posted by Ruy Diaz at October 29, 2006 8:13 AM

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