Saturday, September 19, 2009

Govt grade: 100% failure


100% FAILURE RATE

The U.S. Post Service was established in 1775 - they've had 234 years toget it right; it is broke, and even though heavily subsidized, it can't compete with private sector
FedEx and UPS services.

Social Security was established in 1935 - they've had 74 years to get it right; it is broke.

Fannie Mae was established in 1938 - they've had 71 years to get it
right;it is broke.

Freddie Mac was established in 1970 - they've had 39 years to get it
right; it is broke.

Together Fannie and Freddie have now led the entire world into the worst
economic collapse in 80 years.

The
War on Poverty was started in 1964 - they've had 45 years to get it right; $1 trillion of our hard earned money is confiscated each year and transferred to "the poor"; it hasn't worked.

Medicare and Medicaid were established in 1965 - they've had 44 years to get it right; they are both broke; and now our government dares to mention them as models for all US health care.

AMTRAK was established in 1970 - they've had 39 years to get it right; last year they bailed it out as it continues to run at a loss!

This year, a trillion dollars was committed in the massive political
payoff called the
Stimulus Bill of 2009; it shows NO sign of working; it's been used to increase the size of governments across America and raise government salaries while the rest of us suffer from economic hardships. It has yet to create a single new private sector job. Our national debt projections (approaching $10 trillion) have increased 400% in the last six months.

"Cash for Clunkers" was established in 2009 and went broke in 2009. 80% of the cars purchased turned out to be produced by foreign companies and dealers nationwide are buried under bureaucratic paperwork demanded by a government that is not yet paying them what was promised PLUS we now find out that the $3500 or $4500 people got for their "clunker" is considered
TAXABLE INCOME by the IRS!

So, with a perfect 100% failure rate and a record that proves that each and every "service" shoved down our throats by an over-reaching
government turns into disaster. How could any informed American trust our government to run or even set policies for
America's health care system (17% of our economy?)

" I predict future happiness for Americans if they can prevent the
government from wasting the labors of the people under the pretence of taking care of them."
Thomas Jefferson

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