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 worlds 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 governments 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 doesnt have any coin at all.
Thusly do the pyramids come tumbling down.
But youd 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:
(Congressman) Clyburn touts healthcare reform, Social Security success Building on Social Securitys success | Agenda for Shared Prosperity
NCPSSM: Celebrating 75 Years of Social Security Success
Social Security Success! Seminar
GUEST OPINION: Social Security: An American 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.
The Progress Report: 44 Years Of Medicare Success CBSs Smith Cites Medicare as Socialist Success Story
Marie Cocco: The Marvel That Is Medicare
And
Medicaid: Four Decades of Success New Report Reveals Medicaids Enormous Success
Medicaid Reform: Saving an American Success Story
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!