This nation is on a course where if we don't do something about it, get federal situation, the fiscal policy [under control], we're Greece. We're a banana republic. Our status as a nation is threatened by what we’ve got coming at us in the area of deficit and debt. And it’s only a few more years, at the most, that we have to work with here before the market says, ‘Sorry, your currency is something we can not continue to defend.’
![This nation is on a course where if we don't do something about it, get federal situation, the fiscal policy [under control], we're Greece. We're a banana republic. Our status as a nation is threatened by what we’ve got](http://cdn.quoteddaily.com/images/judd-gregg/this-nation-is-on-a-course-where-if-we-dont-do-something-about-it-get-federal-situation-the-fiscal-policy.jpg)