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George Bush believes that the bloated public and private debt in the United States amounts to $ 250,000 for every man, woman and child in the country. David Walker, former Comptroller General of the United States asserts that the federal debt approached $ 55 trillion & if you add in regards to the state and local - as well as personal household debt, it was $ 75 billion in bonds. Foundation Peter G. Peterson who is the name of the co-founder of Blackstone Group, warned that without budget cuts & according Uncle Sam in May to ensure that our future is not as good as our past. At the $ 75 trillion deficit for a family of four needs $ 1 million, he said. JUST LOOK AT THIS VIDEO ONCE AND LISTEN WHAT DOES MARK FABER SAYS..... Earlier this year, on Politico.com Walker wrote: "Social Security and Medicare alone are already about $ 44 trillion, or $ 146,000 per U.S. dollar today, and this number is increasingly on autopilot every year by about $ 2 t...