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Old October 8th, 2008, 01:26 PM   #1
arthurracoon
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David Walker on Economy/Bailout


David Walker is the former Comptroller General of the USA (1998-2008)

Oct 8, 2008 at the National Press Club (Washington DC)

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Old October 8th, 2008, 01:52 PM   #2
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I can't see the video, but I bet he's speaking the truth.
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Old October 8th, 2008, 01:59 PM   #3
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I can't see the video, but I bet he's speaking the truth.
Here's the direct youtube link: http://www.youtube.com/watch?v=5LS44CxUJSg
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Old October 8th, 2008, 02:14 PM   #4
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America's Financial Future (Part 1)
http://www.youtube.com/watch?v=KIgrxpp97OQ

America's Financial Future (Part 2)
http://www.youtube.com/watch?v=DXr_Ga_n0pY
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Old October 8th, 2008, 02:48 PM   #5
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Youtube is banned at work. Links don't help.

I'll watch later. Walker is one of my heroes.
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Old October 8th, 2008, 03:10 PM   #6
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Apparently, David Walker resigned from the GAO to become President and CEO of PGPF:

http://www.pgpf.org/

The founder is going to spend $1 billion to try to make sure fiscally responsible ideas are heard.
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Old October 8th, 2008, 05:05 PM   #7
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We are so screwed.
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Old October 8th, 2008, 06:27 PM   #8
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We are so screwed.
This is the scariest image of all:

At our current rate, by 2040, we will only have the money to pay back interest on our debt. We wont have money for social security, Medicare, defense, education, etc...
And that chart was BEFORE this financial mess.
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Old October 8th, 2008, 08:50 PM   #9
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I like that Walker called out the press to put pressure on our government by putting what he's talking about out there. Unless you're looking for it, it seems this massively important issue is all but ignored.
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