Their basic message is this: If the United States government conducts business as usual over the next few decades, a national debt that is already $8.5 trillion could reach $46 trillion or more, adjusted for inflation. That's almost as much as the total net worth of every person in America — Bill Gates, Warren Buffett and those Google guys included.
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The alarm bells have been ringing for years ...
So, what did he say, or can't they be bothered to report it?
A long, long article, with lots of gloom and doom details, but not one bit of reporting on what the Comptroller General actually said.
Typical.
Thankfully, the Adults are in charge.
Walker is another timebomb appointed by Clintoon before they left with the White House silverware.
http://oregonmag.com/PBSGAO.htm
The News Hour:
Shocking Proof of PBS Bias
January 28, 2002 – The News Hour's Jim Lehrer opened and closed the program with his usual news summary. One of the show's first items was about the possibility that the G.A.O. (which he called a "watchdog" office) will sue the president and vice-president to gain release of the details of certain conversations they had with respect to ENRON, the energy company that recently folded.
Here is what Jim Lehrer did not mention during those two announcements. David M. Walker is the Comptroller General of the United States. He is the head of the General Accounting Office, the investigative arm of Congress. Walker is a late 90's Bill Clinton appointee whose previous job was as a partner at Arthur Andersen, LLP, ENRON’s accounting firm.
That's right. The GAO is investigating ENRON'S massive accounting irregularities, and the Comptroller General is a man who left his partnership in ENRON's accounting firm to become the head of the agency !! Hit this link and see for yourself. David Walker of the GAO
And, Jim Lehrer didn't think this information was relevant to the news item?
This is the smoking gun of mainstream media bias, folks. The blue dress. For Lehrer to begin and close with that item, but to leave David Walker out of it is outrageous! An insult to the nation, to the concept of justice and to his profession. PBS owes America an apology. Jim Lehrer ought to find a job he's good at. (LL)
Update: On January 31, the News Hour's award-winning reporter, Ray Suarez, did an expanded segment on this topic which included video of Mr. Walker making comments. Henry Waxman, a Democrat congressmen who supported the appointment of Walker, was also in this segment. No mention of Walker's Andersen/Enron ties was made. The lies and hypocrisy continue.
Dear God. I just spat beer out of my nose. Oprah pushing fiscal restraint? Yeah, maybe after she gets hit in the head by a frozen pig that just came flying out of Hell. Oprahcrats have never met an appropriations bill they didn't like. Except those pesky defense spending measures, because they aren't for the children.
Ping
Below is a link to reply I posted close to 4 years ago, when this Clintoon POS had his lawsuit against VP Cheney thrown out of court.
http://www.freerepublic.com/focus/f-news/803527/posts?page=11#11
The biggest mistake President Bush ever made was not purging fifth column RATS from his administration.
Have all those credit cards used in all Federal departments by the Bureaucrats been revoked? Has the Education Department ever cleared up its books? Is the Pentagon still paying $700.00 for a $5.00 hammer? Who is watching over the GAO? The Bureaucratic Army paid for by the tax payers, those who pay Federal Taxes, is almost larger than civilian employees - a very dangerous precedence for America.
's true ~ they go right out of their nuts and run down the street like their head's on fire.
However, when you look at an infinite time horizon, you're looking well past the projected extinction of the human race, so by then it will be somebody else's problem...
The government will try to inflate their way out of the problem. The dollar will go the way of the German mark after WW1. Buy gold.
Pretty moronic even as AP "stories" go.
And when W suggested a change to Social Security to perhaps address some of this he was shouted down, "No change" said the Dems, AARP etc.
In Austin.
Perhaps Mr Walker, the DNC Mouthpieces at Al Propaganda and Ms Oprah can explain why the Dec 2005 $40 billion defecit reduction act passed with NO Democrat votes in support?
Nuts!
Make the tax cuts permanent and cut spending and we'll be fine!
Privatize Social Security and that'll be the frosting on the cake.
Austin is the hot seat for liberals in Texas. He's preaching to the choir.
Bush's fault.