LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Battle for Control of Gold - video
By: Gary Savage

The US Economy: All Roads Lead To Gold
By: Stewart Thomson, Graceland Updates

Precious Metals Update Video: Gold is in a bounce
By: Ira Epstein

Plethora of Potential Crisis Triggers
By: Jim Willie, CB

Miners Are Facing Challenges Globally
By: Frank Holmes, US Funds

Repocalypse: The Little Crisis that Roared
By: David Haggith

The Perversity of Negative Interest
By: Keith Weiner, Monetary Metals

Cracks Spread in the Bullion Banks’ Price Management System
By: Clint Siegner

Precious Metals Update Video: Gold nearing a technical resistance test
By: Ira Epstein

Silver Equities Outperforming Year-to-Date
By: Ed Steer

 
Search

GoldSeek Web

 
US Government Is Unaffordable and Unsustainable, Says David Walker


 -- Published: Friday, 28 March 2014 | Print  | Disqus 

By Casey Research

Former Comptroller General of the United States David Walker talks about the trouble with Obamacare and the sky-high national debt… how much to spend on national defense… and outlines his top 3 reforms to fix the US government.

Want more insightful talk on your money and investments? Subscribe now to Sound Money in your email, in iTunes, or via RSS. Email iTunes RSS

Here are a few highlights:

“America can definitely be made great again. It’s not too late, but what we need is a wakeup call, a call to action and a specific course correction to try to be able to make sure that we don’t repeat history.”

“President Obama promised … that he was going to be a uniter rather than a divider, and unfortunately, he hasn’t done that. Our financial condition today is much worse than when President Obama took office. Frankly, from George Washington, who was our first president, to William Jefferson Clinton, who was our 42nd president, we only accumulated $5.5 trillion in debt—and now we’re up to $17.5 trillion.”

“The government is going to always do more for the poor, for the disabled, and for the military, but … promises way too much and it subsidizes way too many people, and the result of that is that it creates a system that is unaffordable and unsustainable.”

“What a lot of people don’t realize is built into the Affordable Care Act, is a bailout provision for insurance companies. So that taxpayers are probably going to be on the hook for, you know, some large payments due to meet those guarantees.”


| Digg This Article
 -- Published: Friday, 28 March 2014 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.