Only Government Can Do It
Obama is telling us that Government is the only answer to the current mess we’re in. I don‘t know about you but looked high and low for a Government Program, any program that’s run by the Govemment that isn’t a complete disaster.Bloated administrations, budget overruns, outright fraud, missing equipment and an atrocious relationship with the recipients of those programs is the norm.
Let's take Fannie Mae and Freddy Mac for example. We set up these quasi governmental programs, staff them with Democrat hacks, pay them exorbitant salaries and bonuses, allow them to make contributions to their supposed overseers in government, and expect them to operate on an efficient basis. What we got was a recession.
Back in 1999 Franklin D, Raines, Fannie Mae‘s Chairman and chief executive officer told us, "Fannie Mae has expanded home ownership for millions of families in the 199O’s by reducing down payment requirements. Yet, there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying sufficientiy higher mortgage rates in the called sub prime market." Fannie then proceeded to ease credit requirements on loans that it will purchase from banks and other lenders in order to increase home ownership rates among minorities and low income consumers. This ill conceived program led to banks and other lenders extending loans that were designed to fail. Obama and his Acorn buddies forced Banks to make loans accusing them of redlining when they weren’t lending to people because they were Black, they weren’t lending to people because they had no reasonable hope of ever making the payments.
Look at the mess our elected officials have made of Social Security. As long as we had a larger number of contributors compared to the retirees we were paying, they could plunder the "lock box" at will. The fact that a number of people were dying prior to reaching age 65 or soon thereafter made things look rosy. As usual, with all Government Programs their greed forces them to ignore sound financial practice.
How about the gas taxes they collected. These were to be used for repairs and maintenance of the roads and highways. Now they’re appalled at the condition of our infrastructure and seek more money for repairs. Where did the gas taxes go?
Look at the condition of the Veterans and benefits, or the salaries of Armed Forces Personnel and compare these with the salaries of bloated government department personnel.
They tell us that the condition of our National Parks is abysmal while they fail to tell us that if we allowed the National Parks to keep the revenue they produce, these Parks would fiourish. The just keep their hands off any revenue stream.
Medicare and Medicaid costs are out of control, not because those crooks in Washington have thier hands in the till for a change, it's because THE GOVERNMENT couldn't run a one car funeral efficiently.
If you actually think this government can run our Health Care System efficiently, you're either dumber than a rock or are certifiably insane.
Let's take Fannie Mae and Freddy Mac for example. We set up these quasi governmental programs, staff them with Democrat hacks, pay them exorbitant salaries and bonuses, allow them to make contributions to their supposed overseers in government, and expect them to operate on an efficient basis. What we got was a recession.
Back in 1999 Franklin D, Raines, Fannie Mae‘s Chairman and chief executive officer told us, "Fannie Mae has expanded home ownership for millions of families in the 199O’s by reducing down payment requirements. Yet, there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying sufficientiy higher mortgage rates in the called sub prime market." Fannie then proceeded to ease credit requirements on loans that it will purchase from banks and other lenders in order to increase home ownership rates among minorities and low income consumers. This ill conceived program led to banks and other lenders extending loans that were designed to fail. Obama and his Acorn buddies forced Banks to make loans accusing them of redlining when they weren’t lending to people because they were Black, they weren’t lending to people because they had no reasonable hope of ever making the payments.
Look at the mess our elected officials have made of Social Security. As long as we had a larger number of contributors compared to the retirees we were paying, they could plunder the "lock box" at will. The fact that a number of people were dying prior to reaching age 65 or soon thereafter made things look rosy. As usual, with all Government Programs their greed forces them to ignore sound financial practice.
How about the gas taxes they collected. These were to be used for repairs and maintenance of the roads and highways. Now they’re appalled at the condition of our infrastructure and seek more money for repairs. Where did the gas taxes go?
Look at the condition of the Veterans and benefits, or the salaries of Armed Forces Personnel and compare these with the salaries of bloated government department personnel.
They tell us that the condition of our National Parks is abysmal while they fail to tell us that if we allowed the National Parks to keep the revenue they produce, these Parks would fiourish. The just keep their hands off any revenue stream.
Medicare and Medicaid costs are out of control, not because those crooks in Washington have thier hands in the till for a change, it's because THE GOVERNMENT couldn't run a one car funeral efficiently.
If you actually think this government can run our Health Care System efficiently, you're either dumber than a rock or are certifiably insane.
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