Corrupt Government
See other Corrupt Government Articles
Title: General Motors- The Government's Warped Definition of Success
Source:
Big Government
URL Source: http://biggovernment.com/smotley/20 ... arped-definition-of-success-2/
Published: Jul 5, 2011
Author: Seton Motley
Post Date: 2011-07-05 12:00:07 by Happy Quanzaa
Keywords: Obama-doma-ding-dong, Obamatuer Hour, Obamanomics in Action
Views: 2668
Comments: 2
In the Bizarro-world that is Washington, D.C. – and the federal government in possession thereof – the word “success” does not mean what it does here on Planet Earth. It in fact often means exactly the opposite. Let us take Social Security as but one example. Social Security is the world’s largest pyramid scheme – ever. A scam exponentially bigger than the biggest dreams of Bernie Madoff, Carlo Ponzi or any other confidence man ever to attempt a grift. Social Security is on the verge of being trillions of dollars in debt. There is an alleged “Trust Fund” – but the program was shifted off the government’s books by President Lyndon Baines Johnson and his fellow Democrats. So as to allow the excess coin then being collected to be spent as general revenue – in large part so as to pour it into the then newly-minted Medicare and Medicaid. A move President Barack Obama and his fellow Democrats emulated with their 2010 heist of $500 billion from the also-on-the-verge-of-bankruptcy Medicare “Trust Fund” – so as to pour it into the newly-minted ObamaCare. Quintessential, serial examples of the feds repeatedly rearranging the deck chairs on the Titanic. Thusly did the Social Security and Medicare “Trust Funds” become just another couple of government Slush Funds. Into which the feds have for decades been putting IOUs – from the government to the government. Which I would think make them IOIs. Now that the Baby Boomers are hurtling en masse into Social Security and Medicare eligibility, those “Trust Fund” IOIs are coming due. And as we all know, the federal government doesn’t have any coin – at all. Thusly do the pyramids come tumbling down. But you’d never know any of this from the way the D.C. denizens – and those of Huge Government mindset – describe these schemes. Google “Social Security success” and you get myriad utterly delusional results, such as: Building on Social Security’s success | Agenda for Shared Prosperity NCPSSM: Celebrating 75 Years of Social Security Success Only in Government Speak can something that is so thoroughly insolvent be so widely described as a “success.” So too is it with the aforementioned Medicare and Medicaid. Two more Pharaoh-esque government constructs that are completely bankrupt – yet roundly lauded as “successes.” And… You will note that here on Planet Earth, nothing that is a success requires saving. The likes of Microsoft and Apple do not need rescuing. —– Which brings us to General Motors (GM), and how the federal government “saved” it – with $50 billion of our money. Except GM had to...Click for Full Text!
(Congressman) Clyburn touts healthcare reform, Social Security success
The Progress Report: 44 Years Of Medicare Success
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#1. To: Happy Quanzaa (#0)
Wrong. Thanks for play.
"Keep Your Goddamn Government Hands Off My Medicare!" - Various Tea Party signs.
More (D) Union fluffing... GM also looks to be exempt for years from federal taxes. President Obama has given Government Motors a multi-year Internal Revenue Service (IRS) waiver. Crony capitalism, anyone?
Social Security is on the verge of being trillions of dollars in debt.
#2. To: Happy Quanzaa (#0)
Top • Page Up • Full Thread • Page Down • Bottom/Latest
[Home] [Headlines] [Latest Articles] [Latest Comments] [Post] [Mail] [Sign-in] [Setup] [Help] [Register]