Small List of the Hundreds of Failed Government Programs!

Social Security: Broke. SS ‘Lockbox’ was robbed by congress! Nothing left in it for the seniors.

Medicare: Broke. Mismanaged.

Medicaid: Broke. Mismanaged.

Post Office: Broke. Billions in debt. Cutting branches and employees. Slower mail delivery.

Fannie Mae: Broke. $4 billion taxpayer bail out. CEO fired, yet left with multimillion dollar bonus.

Freddie Mac: Broke. CEO still gets multimillion dollar salary plus bonuses.

No Child Left Behind. $54.4 billion per year. America ranks 17th in education compared to other modern countries.

Department of Energy: $26.4 billion budget. Gas prices at all time high!

Fair Housing Act: The Feds forced the Banks to issue Subprime Mortgages to minorities with bad credit, major cause of current recession. 841,073 foreclosures in 2012.

Federal Reserve Bank: Broke. There is no ‘reserve’, just printed paper money with no backing.

United States: Broke. $16.7 trillion in debt and counting. Liability per taxpayer: $1,041,469 and counting.

One Successful Government Programs, President Obama: Obama’s net worth more than tripled in 3 years: $300,002 in 2008 to $3,670,505 in 2011! Obama wanted CHANGE. He got DOLLARS!

“The nearest thing to eternal life we will ever see on this earth, is a government program.” - Ronald Reagan

Share and Enjoy:
  • Digg
  • Sphinn
  • Facebook
  • Mixx
  • Google

Post a Comment

Your email is never published nor shared. Required fields are marked *