Former PGPF President and CEO Dave Walker on 60 Minutes

[undokat]

you can always devalue the dollar as hungarian pengo then all the debt will be exchanged for 1 new dollar. but the chinese won't like it

[deeppurple28]

Abolish the Senate, its useless!

[AndroidPolitician]

Former Trustee of the Peterson foundation, who funded the making of this terrible movie.

[stockjonebills]

This is one of the few guys who has been yelllign about our expenditure and debt issues PRIOR to housing collapse. He's dead on about politicians.

[Bazooka9]

The real problem is the worthless Congress.....too scared to fix the problem because they are too worried about being re-elected. Both parties are guilty and totally at fault!

[jakeawockeez]

who is David walker and why should we care?

[bkdmd]

David M. Walker for President!!!!!!!

[pro1tein]

hate to say it...but we need to get rid of social security, medicare, and medicaid.....sorry old people...ever think maybe your not suppose to live to 100....you have done nothing but fuck our generation for good....

[Kabayo944]

ENOUGH IS ENOUGH

VOTE LIBERTARIAN!

[mesocat]

Medicare is a bankrupt disaster, and now Obama wants these government nimrods to administer a complete health care system??

When did this country go completely insane?

[rrrjjjmmm100]

everybody better learn 2 speak chinese!!!

[nodahanshin44]

Dave Walker you are my hero!!!

[damienrockaterror]

Dave Walker is just spreading propaganda for the federal reserve. The way to save America is to end the federal reserve and go back to Congress printing the money instead of a privately owned bank. Watch The Money Masters, Zeitgeist: The Federal Reserve, and Obama Deception all for free on youtube.

[nodahanshin44]

Go back to your 9/11 conspiracy tree.

[AccountManager25]

I ♥ the Federal Reserve

[VinceP1974]

These programs that are bankrupting us will never be fixed... the Democrats wont allow it.

[barrettsalive]

thank god i live in canada

[arvind13]

if US is broke and becomes poor Canada will go down with it. Canada is completely dependent on US for its economy. India and China will be the next economic superpowers.

[rrrjjjmmm100]

what the hell is a argonaut please,thank you?

respond

[GeorgeGilbertMagic]

END THE FED!!!!!!!!!!!!!!!!!!!!

[gardnerbm]

Im surprised this guy was not fired by the administration

[parnell409]

He worked for the Legislative Branch; not the Executive Branch.

[beelie84]

It's kind of late that America discovers the possible effect of the babyboomers!

Here in Belgium, we have a federal fund for this since '01. It is called zilverfonds (silverfund, silver referring to grey hair).

[sergey444]

still didn't address the question of what will happen.... didn't say anything about inflation, or how we will pay for it. didn't talk about the dollar weakness at all.

[benjamindavidbiggs]

Proverbs 22:7

The borrower is slave to the lender.

[gairero]

ah, america, dear america. you remind me of the roman empire.

[VenonnFang]

Nah, we've never had 200 years of peace.

[debaiona]

The Romans didn't have 200 years of peace either. They had 200 years of perpetual war to conquer other peoples. It's only called "peace" because no one attacked the Romans back.

[VenonnFang]

true enough

[searcher619]

@VenonnFang :

Actually yes we have. We haven't had a war reach our shores ever. All wars we've gotten involved in have taken place elsewhere. It's this we have to thank for the success we've had as a nation and our status as a super power.

[nodahanshin44]

You got it! Read the book "Empire of Debt".

[Jonathann1818]

@gairero i would argue that the USA is the british empire 2.0

[EvilMongrelMonkey]

Wake up people.... we need to stop putting our hands out and start refusing welfare.

[nutherefurlong]

Welfare's part of it, but not all of it.

[bondthewall]

This, paired with the Housing and Economic Recovery Act of 2008 should put our financial insolvency in the express lane and solidify America's demise unless an extremely unpopular and discredited notion of a North American Union is formed...and it is coming. Soon.

[tierradelfuego]

The NAU is going to solve the insolvency issue? Advice: when you try to make a joke, try to make it funny.