Mick Mulvaney Town Hall

For those who missed it, South Carolina Congressman Mick Mulvaney hosted a town hall meeting on June 8, 2011 in Lake Wylie, SC. He began with a roughly half an hour long presentation on the dire fiscal situation that the US finds itself in and then took questions from the audience.
This is the video of the opening presentation, split into two parts.  Apologies for the poor video quality, but the audio is very good.