On the 24th day of
October, 2013, the National Debt stood at $17,066,320,739,… and rising. The Post Office has borrowed its legal
limit at $15-billion. Medicare has
an unfunded liability of $25-trillion, and Social
Security unfunded liability is $21.4-trillion.
These are all programs whose costs
and management fall within the Federal
Government’s purview. There is some debate as to who actually runs the Post
Office and even more as to where the money is supposed to originate and where
it has originated. Congress sat a borrowing cap on the post office of
$15-billion through the Federal Reserve.
Medicare’s
unfunded liability at $25-trillion is contingent upon the ACA/Obamacare
figures. The contingency hinges on reducing physician fees, and those outside
the government who actually deal in business where a profit is expected or their
jobs are negated, say that contingency is a fallacy of the ACA/Obamacare.
Social Security’s
unfunded liability is a direct result of the Johnson administration that began
the practice of robbing Peter to Pay for Paul’s unfunded lifestyle. Medicare and
Social Security are the two legitimate Entitlement
Programs that exist due to taxpayer’s and their employers paying into the
programs. These programs have been repeatedly used, as have the farm bills to
supplement the Welfare Program.
As of October 1, 2013, the
government began yet another program meant—they say—to insure the uninsured.
The estimate was, at that time, that 30-million Americans were uninsured for
health care. The ACA/Obamacare is
slated to cost—depending upon the source—between $700-plus billion and
$1.2-trillion over the next ten years.
So far, it has cost between—once
again depending upon the source--$329-million
to $600-plus million to build the ACA/Obamacare
website. That money was unaccounted for in the overall cost of the program.
All of these programs are or were
originally managed and implemented under the Federal Government. All employees
for these programs are Federal employees and will get benefits and retirements
that are—to say the least—unusual in the private sector.
They also have one other thing in
common. They are all massively in debt and in the last five years, no budget
has been established to control the spending in Washington D.C. The Debt
Ceiling—unfortunately is reliant upon a budget being established. Without a
budget, without any restraints on spending, and with a congress and executive
branch unwilling to do the people’s business, we are headed over a financial
cliff at Mach-speed. To even imagine that the same government that has sorely
misused and abused taxpayer funds to the point that all government programs are
severely in debt can manage your personal health care is unbelievably stupid.
There was a letter circulated this
past week by a young woman with two college degrees and a job where she is lucky
to make $8 per hour. She went to the Obamacare site and was finally able to
view the health insurance offers in her age range. She did not qualify for
subsidies and would have to pay $329 per month. Her deductible would be
$5-thousand and some doctors, due to the fact that they are harshly aware that
the poor notoriously do not pay their bills, have begun to ask for the
deductible up-front. Translation,
you won’t get an appointment until you have paid the deductible.
The poverty level, in the United States,
is set at approximately $22 to $25-thousand. A person making $8 per hour, has a
check of $320 per week. Her insurance would cost her more than a week’s pay
before taxes. The ACA/Obamacare was meant to help—they said—the poor and
uninsured. At $320 a week, before taxes, this young woman has a yearly income
of $16,640. Taxes are approximately 7 to 10 percent and social security is
another 6 percent. She definitely falls below the poverty line, but is not
eligible for help with her insurance, so one has to wonder who the poor are and where the lines are being
drawn?
As a nation, we can scarcely afford
to pick up the tab for 30-million uninsured and poverty-stricken households and
next on the agenda is Amnesty for 11 to 30-million illegal aliens. We the
people are allowing a runaway train to collide with destiny and that destiny
will enslave our children, grandchildren, and very possibly our
great-grandchildren. If you care anything—at all--about your country, you need
to wake up and smell the deficit. Remember that votes have consequences and
that a fraudulent voting system has brought down many a nation.
He that is good for making excuses
is seldom good for anything else.—Benjamin Franklin
