Comments on: Bailout Pales Next to Budget Crisis

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our economic system is a mess! there are more needed than money to fix this situation! unemployment, somebody!?

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Because if current trends continue.

By: miu miu

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I have always thought David M. Walker the smartest guy in the room can you invoke some of your magic get him on Charlie Rose I have contacted Mr.Rose to no avail thank$

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By: gak

gak — Thu, 16 Oct 2008 08:24:41 +0000

Unfunded gov't liabilities are the large elephant in the corner that no elected official (except the Republican Study Committee) wants to discuss. But whether we discuss it or not, there will come a day (probably before 2020) where the Treas dept has a T-Bill auction and no one buys it. Regardless of the interest rate. Why? Because if current trends continue, we will have an auction to pay interest on TBills sold from a previous auction. And when that day comes, all hell will break loose economically.

By: gak

gak — Thu, 16 Oct 2008 01:24:41 +0000

By: bucknill

bucknill — Fri, 10 Oct 2008 22:56:16 +0000

I have always thought David M. Walker the smartest guy in the room can you invoke some of your magic get him on Charlie Rose I have contacted Mr.Rose to no avail thank$