Political Quotes

“In his first speech in the British Parliament in 1789 describing the slave trade, William Wilberforce concluded telling his colleagues this, he said, ``Having heard all of this, you may choose to look the other way, but you can never again say you did not know.'' Not one Member of the 110th Congress can say they do not know about the Nation's long-term financial outlook which former Comptroller General David Walker said will ``result in a tsunami of spending and debt that could swamp our ship of state.'' According to the Government Accountability Office, America is $5.3 trillion deep in publicly held debt and has estimated $54.3 trillion in unfunded promised benefits if we don't change our current course. And that is trillions with a ``T.'' The Social Security Medicare Trustees Report recently issued only reinforces the dire condition of our fiscal health. The Medicare Trustees Report concluded that consideration of reforms to ensure the financial security of Medicare must occur, stating, ``the sooner the solutions are enacted, the more flexible and gradual they can be.'' The Social Security report echoes this sense of urgency, saying, ``The projected trust fund deficits should be addressed in a timely manner. Making adjustments sooner will allow them to be spread over more generations.'' And if those dire projections are not enough to raise the warning flags, couple those with the fact that the value of the dollar is falling through the floor.…”