There have been a few major economic events in the last few years, but I consider the resignation, in March 2008, of David M. Walker from his commission of Comptroller General of the United States and head of the Government Accountability Office to be the harbinger of what is to come.
Walker resigned 5 years before the end of his 15-year term expired. His reasons for resigning were that he was limited to what he could do and that the United States was in danger of collapsing in much the same manner as the Roman Empire…
For months before his resignation he traveled the country educating Americans about the financial crisis and the pending bankruptcy of the United States.
Latest posts by salviad (see all)
- “And prove to me, America, that you care. And prove to me, America, you’re aware” – ‘Is It For Freedom?’ by Sarah Thomsen - Sep 24, 2014
- Free Radical Media Podcast: Mathematics, Education and True Learning with chycho - Sep 17, 2014
- Synopsis of Our Present Predicament: What the Future Holds - Jul 22, 2014