Europe a Preview of What May Happen in US: Fmr Governor

Gov. Mark Parkinson, former Governor of the State of Kansas, told CNBC, "what has happened in Europe is almost a precursor to what may end up happening in the United States, as we face these enormous debt challenges that we have the question is do we wait until the markets force a change on us or do we proactively get our leadership together and create the solution on our own terms."