US Debt - IOU USA

In honor of the current US debt crisis, were I believe nothing of substance will be resolved, I bring back IOU USA, the 30 minute version.

If you haven't seen the movie, watch it. The movie focuses on the US comptroller David Walker for over 10 years and presents views from his perspective. If anyone should fully understand the situation, it is him.

For those who think US debt to GDP ratio is endless, watch this 30 minute movie, I.O.U. USA.

For information about full movie and it's web site, click here.

David Walker

David Walker was the U.S. Comptroller General from 1998 to 2008. And in January 2008, he started a country tour trying to get the message out that the US lifestyle is unsustainable. Well, that year, Sept 2008 was the second worst stock market decline and a wakeup call to the world that finances aren't solid.

This video i thought I had posted before, but I couldn't find it. It was about Mr. Walker in 2008. The message still holds today, more than ever. The question is, is the US government's obligations better or worse off then?