Bernanke to Congress: Destruction closer than you thinkSubmitted by Tumn1s on Wed, 04/11/2012 - 11:59
Even Bernake is admitting that if congress doesn't start cutting spending like Ron Paul has been suggesting... we're doomed.
Warning that our nation's fiscal health has deteriorated appreciably since the onset of the financial crisis and the recession, Bernanke called upon lawmakers to confront the long term fiscal challenges sooner rather than later. If lawmakers don't confront them, they'll find themselves confronted by them.
I realize this was reported in Feb. 2011. The fact that nothing has been done to address his and our concerns makes it even more relevant today.