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America's Red Ink

washingtonpost.com — The largest employer in the world announced on Dec. 15 that it lost about $450 billion in fiscal 2006. Its auditor found that its financial statements were unreliable and that its controls were inadequate for the 10th straight year. On top of that, the entity's total liabilities and unfunded commitments rose to about $50 trillion...

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  • dirkdigler, on 10/12/2007, -0/+0But this is GOVERNMENT math. It is ruled by different fundamental laws than just plain ol math, which everyone knows was created by tax and spend liberals to try and trick borrow and spend radical righters.

    This worries me more than global warming, but I have to say Gore's record on this (casting tie-breaking vote in 93 to raise taxes, balance budget, grow economy all at the same time) is better than his movie.
  • xrayecho, on 10/12/2007, -0/+0Aren't the folks in Washington supposed to talking to this guy from time to time? Why does he have to write a letter to a newspaper to say stuff like this?

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