History Lesson on Government Running Businesses
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. The U.S. Postal Service will lose over $7 BILLION this year and will require yet another "bailout."
Social Security was established in 1935 – they've had 74 years to get it right. It is broke. There is nothing in the Social Security Trust Fund except IOUs from the government.
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.
End the Fed (Hardcover) by Ron Paul
http://www.amazon.com/gp/product/B002NUWVBQ?ie=UTF8&seller=A1AVPSERX4QF0E&sn=jperna12
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!
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!
The Revolution: A Manifesto (Paperback) by Ron Paul
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.
A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons a year of gasoline.
A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.
"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.
A vehicle at 15 mpg and 12,000 miles per year uses 800 gallons a year of gasoline.
A vehicle at 25 mpg and 12,000 miles per year uses 480 gallons a year.
So, the average clunker transaction will reduce US gasoline
consumption by 320 gallons per year.
They claim 700,000 vehicles so that's 224 million gallons / year.
That equates to a bit over 5 million barrels of oil.
5 million barrels of oil is about a fourth of one day's US consumption.
And, 5 million barrels of oil costs about $350 million dollars at $75/bbl.
So, we all contributed to spending $3 billion to save $350 million.
How good a deal was that???
They claim 700,000 vehicles so that's 224 million gallons / year.
That equates to a bit over 5 million barrels of oil.
5 million barrels of oil is about a fourth of one day's US consumption.
And, 5 million barrels of oil costs about $350 million dollars at $75/bbl.
So, we all contributed to spending $3 billion to save $350 million.
How good a deal was that???
Ford is the only automobile manufacturer, out of the Big Three; which is now doing better financially. They are also the only one NOT taken over by the government.
The Business End of Government (Paperback) by Dan Smoot
http://americanistbookstore.com/books/business-end-of-government/
http://www.amazon.com/gp/product/B001E4YTCQ?ie=UTF8&seller=A1AVPSERX4QF0E&sn=jperna12
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.
Ronald Reagan told us:
"We warned of things to come, of the danger inherent in unwarranted government involvement in things not its proper province. What we warned against has come to pass. And today more than two-thirds of our citizens are telling us, and each other, that social engineering by the federal government has failed. The Great Society is great only in power, in size and in cost. And so are the problems it set out to solve. Freedom has been diminished and we stand on the brink of economic ruin. Our task now is not to sell a philosophy, but to make the majority of Americans, who already share that philosophy, see that modern conservatism offers them a political home. We are not a cult, we are members of a majority. Let's act and talk like it. The job is ours and the job must be done. If not by us, who? If not now, when? Our party must be the party of the individual. It must not sell out the individual to cater to the group. No greater challenge faces our society today than ensuring that each one of us can maintain his dignity and his identity in an increasingly complex, centralized society. Extreme taxation, excessive controls, oppressive government competition with business, galloping inflation, frustrated minorities and forgotten Americans are not the products of free enterprise. They are the residue of centralized bureaucracy, of government by a self-anointed elite. Our party must be based on the kind of leadership that grows and takes its strength from the people."
"BAIL THEM OUT!!! ????
Hell, back in 1990, the Government seized the Mustang Ranch brothel in Nevada for tax evasion and, as required by law, tried to run it.. They failed and it closed. Now, we are trusting the economy of our country, our banking system, our auto industry and possibly our health plans to the same nit-wits who couldn't make money running a whore house and selling whiskey?!"
"What are we thinking??"