A little Common Sense Goes A Long Way…

Anyone who thinks a single-payer health care system will work in the United States is a moron.  The Democratic controlled Congress and White House is again trying to bribe the Republic to set their liberal agenda in motion.  Any government program that guarantees a human right is a scheme to ultimately enact a soft tyranny.

Don’t get me wrong, health care reform is greatly needed but only to correct the greed of the insurance outfits and to destroy frivolous lawsuits.   Health care costs have risen drastically due to these lawsuits and threaten the pockets of hard working Americans.  A universal health care coverage will only add more hurt than good.  Not only will your every health need be mandated by Washington, you and your neighbor will have to pay the ever growing bureaucratic cost that comes along with it.  Nothing comes cheap in Washington…

Social Security:

• Benefits will outpace revenues by 2016 – 2017 which means we will have to tap into the ‘Social Security Lock Box’ (cue Al Gore…) to help pay for the deficits.
• The Social Security Trust Fund is full of United States Treasury Bonds also known as IOUs.
• Remember, We are both the United States and Social Security – so in theory we (as the United States) have to borrow money to pay back us (as the Social Security Trust Fund).  I thought the money we paid was going to be in a very safe place…
• Ultimately if we continue on this track the Social Security Trust Fund will be out of money by 2042 (Social Security Administration) or 2052 (Congressional Budget Office).  Guess where the money will come from? Yup…your pockets.

Medicare:

• The Medicare Hospital Trust Fund will be insolvent by 2019 if nothing is done to fix the growing cost of health care.
• Medicare costs have doubled every four years from 1966 to 1980.
• In 2008 Medicare made up 13% ($386 Billion) of the federal budget; In 2010 it will make up 12.5% ($422 Billion) of the federal budget; For the decade of 2010-2019 we will spend roughly $6.4 Trillion dollars or on average 14.8% of the budget per year.
• According to the Government Accountability Office less than 5% of all Medicare claims are audited.  The website www.USDebtClock.org states there is roughly $40,437,977,102 in Medicare fraud.

United States Postal Service:

• As on 2008, the USPS has a negative capital account, meaning their liabilities exceed their assets.
• Even as the volume of mail decreases the operating income of the Postal Service has increased (more of less due to their ever increasing stamp prices) yet they still ultimately make no money.
• Mail volume is dropping at a hefty 5% per annum.  (213.138 billion in 2006 to 202.703 billion in 2008)
• In 2006 the Service had a healthy $900 million profit leading to their incredible $5.327 billion dollar loss in 2007.  2008 didn’t bring much better numbers with their still staggering $2.806 billion loss.  Time to raise stamp prices again?
• As of 2008 their liabilities totaled a whopping $27.658 billion in which includes $7.2 billion in blown out debt.

The United States Government:

• The Following numbers are as on 12:45 p.m. on September 2, 2009…
• US Debt - $11,744,493,687 – meaning $38,212 per citizen
• US Spending to date - $2,659,285,390 – meaning $8,651 per citizen
• Current US Deficit - $1,259,181,175 (Largest in nation’s history)
• Current US Unfunded Liabilities - $58,989,382,748,568 – meaning a lovely $191,935 per citizen
• Largest Current Year Budget Items (as of the same time and date above)…
• Defense Spending - $535,226,562,310
• Social Security Spending - $431,350,780,530
• Medicare/Medicaid Spending - $417,933,464,913
• Interest On National Debt - $317,952,921,222

How can anyone expect a government run health care system to work if three of the largest pet projects of that same government have failed so miserably?  The federal government alone is a ticking financial time bomb.

We have always laid our full faith and trust in the elected members of Congress and the White House yet they always seem to betray us.  The private sector is the only true successful force in the American System and we can’t turn our backs away from it now.  More government is never the solution…More government is the problem.  If Washington was a Fortune 500 company, how many of you would invest?