Healthcare Lunacy on the Potomac
The lunacy of placing into the hands of the federal government the responsibility for the healthcare of Americans seems to be finally dawning on the Congress and the White House. Who says an American grassroots movement can’t accomplish anything?
Tell me again why we should turn over 15% of our economy - healthcare - to the federal government when virtually everything it has touched for over two and a quarter centuries has gone or is going broke?
For example, Congress established the U.S. Postal Service in 1775 - they have had 234 years to get it right; it is broke. Social Security was established in 1935 - they have had 74 years to get it right; it is broke. Fannie Mae was established in 1938 - they have had 71 years to get it right; it is broke. The “War on Poverty” started in 1964 - they have had 45 years to get it right, with trillions of dollars in taxes and borrowed money being spent only to be told the problem is that we haven’t spent nearly enough.
Medicare and Medicaid were established in 1965 - they have had 44 years to get it right; they’re broke. Freddie Mac was established in 1970 - they have had 39 years to get it right; it is broke.
Trillions of dollars in the massive stimulus called the TARP bill and they don’t know where billions of it went or if they will ever get it back. And The Fed refuses to disclose to whom it has loaned over two trillion dollars, claiming “irreparable damage” will occur to the borrowers if their identities are disclosed.
And the country is now in debt to the tune of some 9 trillion dollars and the government wants to “save money” by running healthcare, the same government that spends 1.4 cents to make a single penny?
Are they crazy?
To quote Richard Russell, from a Dow Theory Letters excerpt now circulating on the Internet: “Let me get this straight - Obama’s health care plan will be written by a committee whose head says he doesn’t understand it, passed by a Congress that hasn’t read it, and whose members are exempt from it, signed by a president who smokes in secret, funded by a treasury chief who did not pay his taxes, overseen by a surgeon general who is obese, and financed by a country that is broke. What could possibly go wrong?”
To quote another sage mind on the issues, Margaret Thatcher: “The problem with socialism is that eventually you run out of other people’s money.”
Like Obama cares.