{"id":328460,"date":"2010-02-16T15:42:00","date_gmt":"2010-02-16T20:42:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/david-walker-greece-crisis-is-coming-to-america-in-2012-2010-2"},"modified":"2010-02-16T15:42:00","modified_gmt":"2010-02-16T20:42:00","slug":"david-walker-the-greece-crisis-is-coming-to-america-in-2012","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/328460","title":{"rendered":"David Walker: The Greece Crisis Is Coming To America In 2012"},"content":{"rendered":"<p>Does the U.S. engage in the kind of &#8220;creative accounting&#8221; that caused the situation to erupt in Greece?<\/p>\n<p>Sure we do.<\/p>\n<p>Even former U.S. Comptroller General David Walker agrees. The federal government&#8217;s former chief auditor said we have no more than two years to confront growing costs like health care and Fannie and Freddie, which are basically ignored in yearly budgets.<\/p>\n<p>&#8220;Bottom line is we&#8217;re not Greece, but we could end up with the same problems down the road,&#8221; Walker said on Squawkbox.<\/p>\n<p>\n<object id=\"cnbcplayer\" classid=\"clsid:D27CDB6E-AE6D-11cf-96B8-444553540000\" width=\"400\" height=\"380\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=9,0,0,0\"><param name=\"type\" value=\"application\/x-shockwave-flash\" \/><param name=\"allowfullscreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"quality\" value=\"best\" \/><param name=\"scale\" value=\"noscale\" \/><param name=\"wmode\" value=\"transparent\" \/><param name=\"bgcolor\" value=\"#000000\" \/><param name=\"salign\" value=\"lt\" \/><param name=\"movie\" value=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1414928907\/code\/cnbcplayershare\" \/><embed type=\"application\/x-shockwave-flash\" width=\"400\" height=\"380\" src=\"http:\/\/plus.cnbc.com\/rssvideosearch\/action\/player\/id\/1414928907\/code\/cnbcplayershare\" name=\"cnbcplayer\" pluginspage=\"http:\/\/www.macromedia.com\/go\/getflashplayer\" allowfullscreen=\"true\" allowscriptaccess=\"always\" bgcolor=\"#000000\" quality=\"best\" wmode=\"transparent\" scale=\"noscale\" salign=\"lt\"><\/embed><\/object>\n<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/david-walker-greece-crisis-is-coming-to-america-in-2012-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/is-the-federal-reserve-secretly-bailing-out-greece-2010-2\">Is The Federal Reserve Secretly Bailing Out Greece?<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/breaking-bomb-explodes-at-jp-morgan-branch-in-athens-greece-2010-2\">Bomb Explodes At JP Morgan Branch In Athens, Greece<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/greece-its-our-debt-but-its-your-problem-2010-2\">Greece: It&#8217;s Our Debt, But It&#8217;s Your Problem<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/c2DRrY6-vDY\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Does the U.S. engage in the kind of &#8220;creative accounting&#8221; that caused the situation to erupt in Greece? Sure we do. Even former U.S. Comptroller General David Walker agrees. The federal government&#8217;s former chief auditor said we have no more than two years to confront growing costs like health care and Fannie and Freddie, which [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-328460","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/328460","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=328460"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/328460\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=328460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=328460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=328460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}