Friday, December 21, 2012

American debt crisis: The most predictable crisis in history

 Lamestream media's ignoring what high up government officials on budget committees, fiscal commissions, and the Government Accountability Office are saying about the the fiscal cliff/sequester in committee hearings and press releases.

 Politicians claim the crisis could resemble Greece, Spain, Portugal or Ireland's debt crises and will intensify though 2013-2014. They all claim it's The Most Predictable Crisis in History while failing to do the obvious, prevent it.

 This clip goes over warnings from Paul Ryan Chairman of the House Budget Committee, Simpson-Bowles National Commission on Fiscal Responsibility and Dave Walker former Comptroller General of the Government Accountability Office.

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