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94%  
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  • Spending our way to financial ruin (each American household owes $455,000 for entitlements)

    12/22/2007 7:22:36 AM PST · by Libloather · 51 replies · 316+ views
    Spending our way to financial ruinDec 22, 2007 6:00 AM (4 hrs ago) The San Francisco Examiner Newspaper SAN FRANCISCO - It is no coincidence that U.S. Comptroller General David Walker’s latest warning that the United States is literally spending its way into bankruptcy came the same week Congress passed a 3,416-page omnibus spending bill that no senator or representative will read. Walker’s warning is made all the more urgent because Congress — aided and abetted in many respects by the president — continues to pass massive spending bills with no idea of what’s contained in them. The federal government...