David Walker With Jon Stewart: "There is no party of fiscal responsibility in Washington." (Daily Show Video)

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Video:  David Walker with Jon Stewart

The original budgetary truth teller.  Originally aired in January, but it has never been posted here.  Walker is the former Comptroller General of the Untied States and is now President of the Peterson Foundation.

• "There is no party of fiscal responsibility in Washington."

• "When the statutory budget controls expired in 2002, Washington lost total control.  Unfunded tax cuts, unfunded war costs, expansion of entitlement benefits.  And we are where we are today."

Comments

[DailyBail]

Is Anything Going To Stop The Decline Of Consumer Credit Card Usage?

http://www.businessinsider.com/is-anything-going-to-stop-the-decline-of-consumer-credit-card-usage-2010-9#ixzz0zCDYWlAF

Good chart...

[4rc]

why do ppl constantly think obama could do it. He's been in office 2 years and he has made no attempt at fixing it. Instead he's making it worst. Increasing spending by trillions then making a few cuts in the millions isn't not being serious about it

[S. Gompers]

I am shocked, there is no party of fiscal responsibility in Washington? Now that you let that out of the bag, one herd is busily running in circles while the other one is stampeding toward the cliff screaming "the bankers manifesto will fix it all"...

[Texas Dar]

@ 4rc

Instead he's making it worst. But most people dont understand. BHO was put into office to take down America, and is doing a very good job of it.

Google The Obama Deption, think I spelled it right. You will learn what the real mission is for "The Wizzered of O-Bama Oz" This all was 40 years in the making and timed out to 2008. Everything is going just as planed, maby to good.

Were going down faster than they thought. People will not open their eyes and stop the needless spending. As long as the card works, its spend-a-way.

[Everyman]

Everybody needs to get in on this and needs to participate. This cannot go on. We do not want to go to violence, so we work within the system, and that includes the Federal Reserve Office of Inspector General. THEY HAVE to address the complaints that are made, and IF MILLIONS OF AMERICAN made the complaints they would have no choice. Additionally there are LOTS OF "END THE FED" people out there, MAKE YOUR VOICE HEARD AND DO SOMETHING THAT WORKS!!!!

http://www.federalreserve.gov/oig/

eamil address for the FEDRES OIG:

OIGHotline@frb.gov

The main issues are:

Fed Res buying ES Futures and rigging the market
Manipulation of all markets (that is the only way ALL index could have the identical patterns, AND that 90% of the stocks have total correlation)
Allowing and using HFT to ramp the markets via pressure on the SEC
This rigging of the markets only favors bib financial institutions, corps, and GS, C, BOA ETC, and make it impossible of the average retail investor to "get in the game", and gives unfair advantage to the likes of GS, C, BOA, JPM and the other crooks.

WE ALL NEED to send in a complaint to the Federal Reserve Office of Inspector General Fraud Hotline and make the complaint about the rigging of the markets and the illegal actions by the FED RES chairman Bernake for buying securities. ANY OIG has to respond to all complaints, and if enough are made, the gig is up, and they have nowhere to turn. This CAN effect the markets!!! Anyway you slice it, the Federal Reserve is working against the average citizen and has for over 3 decades. Don't you think it is about time to stop all this malarkey?
We need everyone to do this to make the markets non rigged, and to fight this fascist market that is only interested in protecting corps and wealthy.

You also need to state in the complaint that there are MILLIONS of individual investors who are either losing money because of the rigging of the markets. When market and economic fundamentals no longer chart the course, but it is ES Futures buying by the "Working Group" that directs this rigged market, then millions of those investors loose money on a rigged game, OR they simply are setting on the sideline because the game is rigged.

[Sagebrush]

("I am shocked, there is no party of fiscal responsibility in Washington?")

Gompers, maybe we can get this Marine to shame them into doing their damn job.

http://www.libertyjuice.com/2010/08/27/marine-rips-into-congressman/

[S. Gompers]

It won't work Sagebrush for they have no shame, but God I love that guy.

[Z]

Gomp...

God, you believe?

[S. Gompers]

I have stated that more than once Gobie, why should I be hiding from your pathetic "overman ness"?

[Z]

You once tried to insult me on the basis of religion, do you remember???

[S. Gompers]

I wasn't trying to insult you, it really is amazing that a church does not fall in on you reading and believing all of your heroes writings who are against God, not to mention the bigotry and veiled racism and hypocracy you display continually.

I believe in God Gobie, but I am not perfect like you, I am a sinner, and every day is a struggle to seek the place I wish to be. But I work on it.

[S. Gompers]

No preacher I know would recommend Nietchze, Alinsky, and others to share space with the Bible Gobie, but then, this is not a religious site, so enough of this.

[DailyBail]

@Sagebrush...

That's a great clip...i posted it here...check it out...includes an interview with the marine...

http://dailybail.com/home/townhall-marine-david-hedrick-to-washington-you-work-for-us.html

[Texas Dar]

I just got this e-mail from a very close friend from the great state of Texas, I think you will want to read it also..............

FEDS CONVICT TEXAN FOR SELLING A GUN TO ILLEGAL ALIEN WITH TEXAS DRIVERS LICENSE

In Federal District Court on July 20, 2010, the ATF won a conviction from an Austin jury that defies logic and reason. In a trial before Federal Judge Sam Sparks, government lawyers conceded Texas resident Paul Copeland did not know his buyer was an illegal alien, but the jury they should convict him anyway because he "had reasonable cause to believe" he was selling to an illegal alien because the two men and a boy who were present at his table at the time of the sale: 1) were Hispanic, 2) spoke Spanish, and 3) wore cowboy clothing. And the jury did as asked. Assistant U.S. Attorney Jennifer Freel acted as lead prosecutor in the case.

The firearm transaction at issue occurred on January 16, 2010, at a gun show at the North Austin Events Center, at 10601 N. Lamar Blvd., in Austin, Texas. Undercover ATF agents followed Mr. Huerta, his son, and another Hispanic male, Hipolito Aviles, around the "Texas Gun show" that day, and claimed to observe Huertas transaction. Austin P.D. used Copelands case as the reason to close down the gun show, leading to a protest by Austin residents in front of APD headquarters on January 25.

Mr. Copeland is a 56 year old Cedar Creek resident and Vietnam veteran who liked to buy, sell, and trade firearms as a hobby. On January 16, however, he had the misfortune to sell a handgun to Leonel Huerta Sr., who spoke both English and Spanish. Huerta Sr. negotiated his purchase from Copeland in English, showing Copeland his Texas Drivers License. At Copelands trial Huerta admitted on the witness stand, that he is in the country illegally, (Huerta Sr. had previously admitted this fact to Immigration & Customs Enforcement (ICE) Special Agent Leo Buentello). ATF Agent Shawn Kang claimed he saw Huerta later hand off the gun to Aviles. Despite these admissions, Huerta Sr. was never arrested, charged, or deported. Instead, his presence at the gun show was used to entrap an American citizen into an unwitting violation of a federal gun control law. Huerta Sr., who is a resident of the City of Austin, appeared as a witness at the trial, admitted he was in the country illegally before federal prosecutors and a federal judge, yet he was allowed to leave the courtroom under his own power. To date Huerta Sr. has not been prosecuted for his purchase, possession, or disposition of the handgun he bought from Copeland, while Copeland is now a convicted felon.

"Instead of busting the illegal alien for buying, they bust the citizen for selling," commented Paul Velte, attorney and founder of Peaceable Texans for Firearms Rights, a gun-owners' rights advocacy group from Austin. Velte asked, "who was in a better position to know the buyers immigration status, the buyer or the seller?" He also said, "What happened to Paul Copeland should enrage all Americans. The Federal Government is using illegal aliens to entrap citizens lawfully exercising their right to sell firearms. The illegal alien walks free, but the citizen gets convicted. The same government charged with controlling immigration is the one using illegal immigrants to attack its own citizens. Does this make any sense? It makes no sense unless the purpose is to discourage attendance at gun shows and frighten citizens from selling their firearms to other citizens."

Velte pointed out that "There is no way for a citizen to know who is here legally or not. In fact, under Austins sanctuary city policy, not even the police officer at the door of the gun show was allowed to ask a persons immigration status, yet the average Texan inside the show is expected to assume that a person standing before them with a Texas drivers license is in the country illegally just because they look Mexican and speak Spanish." Velte noted that the federal governments lawsuit against Arizona was based on that very type of conduct: Concluding someone could be here illegally based on their looks or their language. Velte said gun owners in his group are outraged, and they want to know:

1. Why is the illegal alien who purchased the gun, Leonel Huerta Sr., still living in Austin ?

2. Why does he still have a Texas Drivers license?

3. Why is ATF using illegal aliens to set up and convict American citizens?

4. What has he been promised for his cooperation?

5. Why has he not been prosecuted? He committed three distinct crimes: he purchased a firearm knowing he was an illegal alien, he possessed the firearm, and he transferred the handgun to another illegal alien (Hippolito Aviles, who was convicted and given time served on June 30, 2010).

6. Why has Huerta Sr. not been deported?

Judge Sparks sentenced Copeland on August 27 to six months confinement and 24 months of probation, and called Copeland "a liar" for not admitting guilt. ATF confiscated Copelands entire gun collection and initiated forfeiture proceedings. Copeland was also fired from his job due to the indictment, and he would have lost his home to foreclosure, if not for his family stepping in to pay his mortgage while he serves his sentence.

This should supprise no one. Our goverment is'nt out of control, they have control over us.

[Z]

Maybe the Texas Governor Rick Perry will step in and fix this mess. I think a full pardon is in order. This sounds like a bad episode of Law and Order.

Attorney General Holder...Shame on You!!!
Attorney General John E. Murphy...Shame on You!!!
Assistant U.S. Attorney Jennifer Freel...Shame On You!!!

Obama and Holder...Have you read the Arizona Law??? NO.
http://www.youtube.com/watch?v=kXGhcyu54WU

[S. Gompers]

In Ohio a state issued drivers license and social security number is all I need to purchase a weapon. Perhaps the State should be on trial for issuing it to a illegal, and immigration for allowing the illegal to stay, and the federal Goobermint for giving the illegal a S.S. number. If you can't trust state issued identification, or a S.S. number, then what can you trust.

The BATF has always been a bunch of Nazi's.


http://urbangrounds.com/2010/07/gracie-gutierrez/

http://www.immigration-law-answers-blog.com/2009/04/articles/immigration-news/texas-drivers-license-changes-for-immigrants-blocked-by-judge/

http://www.chron.com/disp/story.mpl/special/07/legislature/4440332.html

[JTS]

Sig Hiel................. Lol

[Texas Dar]

Hey Jake, I spit my drink out reading it was you back from the "Deep Freeze" of the Artic Circle. Did you find any "Sheeple" up thAre looking for our savior BHO.............?

Good to see your imprint again !

[DailyBail]

JTS...you took a trip to the Arctic?

[Texas Dar]

Well he was some whAre for as long as he has been slient. Thats just my guess, but then, someone has been on my boat, and filled the gas tank, that you JTS.........................

The Beer in the fridge, and the Vodcka bottle is empty, plus the Cheetoes are gone. Maby you dident go up thAre to see Russia from SP back yard after all.

Hope you brought Dar back a pair of "Rib Bones" from a caraboe, so I can click around the camp fiar...................was it cold up thAre.................

How many "Craw-Dad's" did you haul up next to my slip..................The butter was in the big fridge, next to the "Horsey-Sause".........just beer in the small fridge on the back deck................!

Hope ya's reamber'ed to Flush the Head, or Anns gona have a fit, come next time on the boat.......!!!!! Ozarks Craw-Dad's & Beer are good, Ha ?

[Z]

Gomp...What should I be reading? Let me guess...The Five Chinese Brothers

[S. Gompers]

Again Gobie, you are the one enamored by the Chinese, not I. I also know you are not serious about reading anything that would make sense for America, just playing the ping pong game.