4 SEP 2009, Friday

1. A Quick History Lesson
2. The U.S. Post Service was established in 1775. So they've had 234 years to make it work. It is broke.
3. Social Security was established in 1935. They've had 74 years to make it work. It is broke.
4. Fannie Mae was established in 1938. They've had 71 years to make it work. It is broke.
5. Freddie Mac was established in 1970. They've had 39 years to make it work. It is broke.
6. The War on Poverty started in 1964. They've had 45 years to make it work. About $1 trillion of taxpayer money is confiscated each year and transferred to “the poor.” It hasn't worked.
7. Medicare and Medicaid were established in 1965. They've had 44 years to make it work. They are both broke.
8. AMTRAK was established in 1970. They've had 39 years to make it work. Last year it had to be bailed out and today continues running at a loss.
9. $787 billion stimulus of 2009. It has yet to create a single new private-sector job.
10. Cash for Clunkers in 2009 went broke after 80% of the cars purchased turned out to be produced by foreign companies.
11. The U.S. government has demonstrated a very low success rate in operating businesses.
12. Is it any wonder why I favor less, not more, government?
13. Let's get back to the Federal Government envisioned by the Constitution and return responsibility (and tax dollars) back to the states where the citizenry can watch / control government much closer.