How About a New Treasury Secretary

Well at least McDonalds is doing better this morning! With the introduction of the - "The Freddie Mac " with 2 subprime beef patties, a special sauce made from borrowed items but is a real asset to this sandwich, lettuce and cheese from a merger of another sandwich, but there is a rumor that the cheese may be forced out in a cost cutting move. The best part is if you buy it and don't like it, Paulson will buy it from you.


I would like to introduce you to someone that has had the solution to many of our problems, but no one would listen.

David M Walker
As Comptroller General of the United States and head of the Government Accountability Office (GAO) from 1998 to 2008, spanning both Democratic and Republican administrations, Dave served as the federal government's chief auditor. Appointed by President Bill Clinton and confirmed unanimously by the US Senate, he was an outspoken, nonpartisan advocate for addressing the major fiscal and other sustainability challenges facing the country. He also enacted transformational reforms at the agency and within the accountability profession.
Walker has compared the present-day United States with the Roman Empire in its decline, saying the U.S. government is on a "burning platform" of unsustainable policies and practices with fiscal deficits, expensive over commitments to government provided health care, swelling Medicare costs, the enormous expense of a prospective universal health care system, immigration, and overseas military commitments threatening a crisis if action is not taken soon. He has also noted that U.S. can and must turn things around.
Walker has actively taken a public stance against the running of massive federal budget deficits and accumulation of public debt. He has participated in numerous town hall meetings around the country organized by the Concord Coalition known as the "Fiscal Wake-Up Tour." This has consisted of a series of trips across the country with representatives from the Concord Coalition and scholars from the Brookings Institution and the Heritage Foundation. Walker is also the main subject of a new documentary that EVERYONE should see titled “I O U S A” Preview the trailer here http://www.youtube.com/watch?v=HBo2xQIWHiM

I know it is only playing at limited theaters and those tend to be the small independents, but if you find it in your area SEE IT. It is only one and a half hours so it is a short time to take to see some truth on America’s financial health. I am sure it will be on Netflix or Blockbuster soon as well.

I wonder what the chances that we could get whoever wins the Presidential beauty contest to make Mr. Walker the Treasury Secretary. Henry Paulson has done what is needed as a firefighter, and hopefully his actions will not come back to bite us in the arse. However, going forward the economy is going to need a real different kind of leadership. It will not be pretty but it will be necessary to reduce our debt and reign in spending. Mr. Walker has been trying to do that for many years but prior to the last few weeks no one in government wanted to believe. It is always said that American’s have very short memories when it comes to crises. We want to see the next celebrity without their panties on. Nevertheless, this time the economy and the very State of our Union are at stake. A short memory could mean the difference between Global Depression or just a painful recovery. Presently David Walker is the head of the Peter G. Peterson Foundation http://www.pgpf.org/ As President and CEO of the Foundation, Dave is now free to do what he wasn't able to do while running the Government Accountability Office: advocate for specific solutions, work proactively with grantees and other partners to build strong coalitions, and encourage and engage in grassroots efforts to bring pressure on Washington to act. If he is willing to leave there and give it a try I think he could do the job…if Congress will just listen, and lobbyists will just leave.