Jul 11, 2007

U.S. Comptroller General: "Greatest Threat to America is Fiscal Irresponsibility" Not Terrorism

What the neo-republican candidates do not like to talk about, nor do the democrats, is that somehow everything must be paid for as the military-industrial-media complex war machine, under the plea of "necessity", continues to become a global and domestic financial Leviathan.

Only republican presidential candidate Ron Paul initiates conversations on spending and monetary policy, consistently, including in every debate thus far, while the neo-republicans avoid it like the plague, for they would only increase the problem. And you will never hear this mentioned on local talk radio either whenever another bill for military or "war funding" is up for Congressional debate, and no one is pushing historical war bonds either. Women with a credit card are more conservative than the U.S. government when it comes to spending. Hey republicans, where are the "conservatives" when it comes to this fiscal nightmare? Look what neoconservative policies do to spending and national debt! The only solution is to put a fiscal conservative into the White House, which eliminates the neoconservative republicans and the welfare state democrats. The comptroller general makes it very clear AMERICA IS IN A FINANCIAL CRISIS. This is serious and cannot be brushed aside any longer.

The CATO Institute also published this some time ago, appropriate as a precursor to the Comptroller General's assessment shown Sunday:

While President Bush is obviously aware of the benefits and the need to cut taxes as a way to trigger economic growth, the government continues to expand, bureaucratic programs blossom, and talk of eliminating entire government departments is a distant memory. No, Bush is no Reagan. And despite the self-proclaimed party of limited government controlling the White House and the Congress, it continues to move further and further away from the limited government envisioned by our founding fathers.


From the Comptroller General
David M. Walker, Comptroller General of the United States
Mr. Walker is the nation's chief accountability officer and head of the U.S. Government Accountability Office (GAO). GAO's mission is to help improve the performance and assure the accountability of the federal government for the benefit of the American people. GAO has earned a reputation for professional, objective, fact-based, nonpartisan, nonideological, fair and balanced reviews of government programs and operations.



ABC News: GAO Chief Warns Economic Disaster Looms