The Thought of the Day
The Bear on Sep 15 2008 at 5:54 am | Filed under: Culture, Politics
The government created the now failed Fannie Freddie Mae. We now have nationalized the home mortgage business in the United States. Fannie and Freddie failed because it was run by government bureaucrats.
The government created Social Security. Social Security payments are made by the government from today’s workers payroll taxes to yesterday’s retirees. The Social Security trust fund has been raped and pillaged by government and is doomed to fail unless changes are made.
Medicare was created by government and run by bureaucrats and is insolvent and eventually will fail unless changes are made.
This same government and their bureaucrats want to run and control our healthcare system. – The Bear
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