The United States Postal Service was established in 1775. After 234 years you would think government could get it right? Wrong, it is broke.
Social Security was established in 1935, but once government voted to transfer the 'guarded funds' into the general fund creating an opportunity for congress to get their hands on the money (thanks to Carter and Clinton) look what developed, It is broke.
Fannie Mae was established in 1938; 71 years later, thanks to the likes of Barney Franks and Chris Dodd, it is broke.
The "War on Poverty" started in 1964. Government has had forty five years to get it right but it is failing, even after one trillion tax payer dollars is confiscated each year and transferred to "the poor". It hasn't worked and our entire country is going broke.
To make sure America remains broke government passed TARP, Omnibus, and stimulus adding trillions of dollars to America's current national debt bringing the total to an astonishing $12 trillion.
Freddie Mac was established in 1970; 39 later it is broke, even after trillions of dollars were spent.
ACORN appears to have found a new source of funding, the American taxpayer. Medicare and Medicaid were established in 1965; 45 years later they are broke from spending over eight hundred billion dollars on fraud each year. And finally, to set a new record: "Cash for Clunkers" was established in 2009 and went broke in 2009. It took cars and replaced them with high-priced and less-affordable cars, mostly made by the Japanese. A major percentage of the profits went out of the country failing to create American jobs and stimulate our economy, as promised. Unfortunately, the American taxpayers took the hit again for Congress' generosity in burning three billion more tax dollars on failed experiments. Costing the American tax payers another $2,400.00 for each car sold. So with a perfect 100 percent failure rate and a record that shows "government services" is being shoved down our throats. America continues to fail faster and faster.
Unemployment has reached 10.2 percent and is climbing. If we add the numbers of those accepting part time jobs, those receiving maximum benefits and still unable to find jobs the rate climbs to 17.4 percent. These numbers are expected to remain at this level, or higher, throughout 2010.
Government now wants Americans to believe they can be trusted with a government-run health care system? Pelosi's Obamacare passed the house (220-215) by bribing, twisting, threatening, actions and eloquence of speech-craft from Barrack Hussein Obama. It was done in Chicago style of course, all behind closed doors, costing American tax payers another additional $289 billion in new tax payer' dollars. That's after "cutting Medicare" by 600 Billion to cover the start-up costs of Obamacare.
What's wrong with America?... It's called government.