Wednesday, September 2, 2009

Government Inefficiency -->Insolvency

Hat tip Mizzy.

The U.S. Postal Service was established in 1775 - they've had 234 years to get 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 getit 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 - -after 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.

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?

Maybe each of us has a personal responsibility to let others in on this brilliant record before 2010, and then help remove from office those who are voting to destroy capitalism and destroy our grandchildren's future.

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


Bungalow Bill said...

The facts are there. I don't get it. It's not like the Democrats are lovable losers. They're just losers, and the record of failure is so easy to see.

Bungalow Bill said...

By the way, do you think the American people sent a clear message to the government run car companies? Even with $4500 in free government money for a clunker:

Government Motors -20%
Chrysler/Fiat -15%

Woodsterman (Odie) said...

The other day I asked my mail-man how much he charged for a tonsillectomy. He nothing ... it's free!

LL said...

I don't understand why the Democrats don't get it. They're not stupid people. Maybe they don't want to feel as if Dear Leader sold them a bill of goods.

More government/bigger government is never the solution. There are things the government needs to do such as raise a military to provide for the common defense, protect the national borders and coin/print money. They aren't doing a very good job on the borders but they manage to print a lot of money and the military, while enormously expensive, does a great job protecting Americans and American interests.

Giving the government more stuff to screw up is STUPID.

Does anyone who is reading this blog think Congress is doing a GREAT JOB?

Obama would make America the moral equivalent of the Department of Motor Vehicles. He'd make our medical care the moral equivalent of the Veteran's Administration (which has had something like 100 years of practice to try to do it right and falls far short most of the time).

Democrats need to take a deep breath, step back and ask themselves if this is what they REALLY want.

chupacabra said...

A trillion dollars annually? Holy schnikees! I had no idea. I weep for the species.

lady di said...

Those of us in business in the real world still have make the right decisions at least 51%.

Opus #6 said...

LL, I hope the dem legislators step back and take that deep breath. They can't all be communists.

The Keeper Of Odd Knowledge (KOOK) said...

Great post Opie. I like it a lot.
Why do we continue to subsidize 18th and 19th century technology well into the 21st? As so often happens this inspires a post.

CI-Roller Dude said...

Wow, man, like you....ehh...forgot..the..
oh yeah, you forgot the ...war on drugs.

Lori said...

Hello lady, Just checking in with you to say hello and see how you are doing?
I hope you are well.