Escape from Washington
Hard as it is to believe, even though Ron Paul is on the road it would appear that an ounce of common sense managed to sneak across the Capitol Beltway this week, creeping past the welfare state watchtowers and vaulting over the homeland barbed wire fence to safety. This just in from the Aug. 14 edition of the Financial Times.
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The US government is on a "burning platform" of unsustainable policies and practices with fiscal deficits, chronic healthcare underfunding, immigration and overseas military commitments threatening a crisis if action is not taken soon, the country's top government inspector has warned...This fellow's job, as I understand it, is to audit the federal government with an eye to Congress's constitutional responsibilities and accountability to the American people. For the longest time now, the American public has pretty much ignored the position, but Mr. Walker here seems intent on screaming "Iceburg!" from the crowsnest of the Titanic. If we can help the American people listen, their choice in both the primary and the general should be painfully clear.
The fiscal imbalance [U.S. Comptroller General David Walker warned] meant the US was "on a path toward an explosion of debt".