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Video Flagged Dead

US Economy unsustainable; former Comptroller General talk

1 decade 6 years 9 months 1 week ago

David Walker, Comptroller General of the US, resigned effective on March 12, 2008 after tiring of his warnings falling on deaf ears. He has accepted the position of President and Chief Executive Officer of the newly established Peter G. Peterson Foundation.

quote from David Walker:
“As Comptroller General of the United States and head of the GAO, there are real limitations on what I can do and say in connection with key public policy issues, especially issues that directly relate to GAO's client -- the Congress,” Walker continued. “My new position will provide me with the ability and resources to more aggressively address a range of current and emerging challenges facing our country, including advocating specific policy solutions and courses of action. This move will enable me to sharpen my messages and bring focus and attention to the fiscal and other key sustainability challenges that I and others have been discussing during the past several years."

“In the final analysis, while I love both my job as Comptroller General and the GAO, I love my country more, and I believe that leading this Foundation represents a unique opportunity and will be good for my country,” Walker concluded.

This appointment is a 15 year appointment purposefully in an effort to isolate this position from politics. This is to allow the person filling the position may speak the truth without fear of losing their position.

A older talk, but still very revelant to today.

(101 minutes)(Dec 12, 2005)

EDIT: odd talk was gone, but I found another of his talks on the same subject with the City Club of Portland.