Gov. Mitch Daniels: Debt Is The New "Red Menace"

http://www.realclearpolitics.com/video/ ... enace.html

"We cannot deter it. We cannot negotiate with it any more than an iceburg or a great white. I refer to the debt - the new red menace, this time consisting of ink," Gov. Mitch Daniels (R-Ind.) told CPAC on Friday night.