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Government Success – Reality Check

Posted by cann0nba11 on March 22, 2010

Think about this:

  • Social Security was established in 1935 – it is broke.
  • Fannie Mae was established in 1938 – it is broke.
  • The “War on Poverty” started in 1964 – $1 trillion each year transferred to “the poor”; it hasn’t worked and is broke.
  • Medicare and Medicaid were established in 1965 – they are broke.
  • Freddie Mac was established in 1970 – it is broke.
  • TARP shows no signs of impact.
  • Appropriations Act of 2009 shows no signs of impact
  • US Postal Service – broke
  • Amtrak – broke

And now the US Treasury will have to BORROW $0.40 of every dollar needed for the new health care bill. Tell me why you think America is better off now with this new bill.


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