History of Government Industry

Posted: September 18th, 2009 by Militant Libertarian

My cousin sent me this via email and I wanted to publish it here.

The U.S. Post 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 FedExp and UPS services.

Social Security was established in 1935 – they’ve had 74 years to get it 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.

Got comments? Email me, dammit!
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