Saturday, February 16, 2008

Head of GAO Resigns

Not probably the most newsworthy item out there, but I remember this guy, David Walker, our Comptroller General. I blogged on him a while back on my personal page about his "60 Minutes" interview. Now comes the news that he's leaving his position early, to pursue what sounds like his passion: informing Americans in a way he couldn't as a government employee about the looming fiscal disaster.

Here's a video with more on the topic, a Glenn Beck interview with David Walker.



The most amazing figures? Each and every household in America would owe the government $400,000 to pay for our looming entitlement disaster. Socialist Security and Medicare obligations are left out of our stated deficit figures; if these were included (following normal corporate accounting standards) our deficit would be a whopping 69% higher than reported.

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