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President Obama: Federal Government 'Will Go Bankrupt' if Health Care Costs Are Not Reigned In
ABC News ^ | 12/16/09

Posted on 12/16/2009 2:50:51 PM PST by earlJam

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To: Reily
...the willfully ignorant!

Boy, if that term doesn't describe the prime directive of the hip-hop subcult of "African-Americans".

He actin' white!

41 posted on 12/16/2009 5:33:37 PM PST by ROCKLOBSTER (RATs, nothing more than bald haired hippies.)
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To: ForGod'sSake; earlJam
What they really want to do is anger us into splitting up politically into separate sovereign nations.

This government is financially broke and reduced to borrowing TRILLIONS to remain afloat as it is. States themselves are broke and in a bind when it comes to meeting their obligations. The "stimulus" plan was a short reprieve to those liberal hell-holes unable to remain solvent on their own. It bought them and the scumbags running them a little time before they have to face their constituents with the truth. The limit is running out on how far this "can" of accountability can be kicked down the road. Time is running out. Something MUST be done to avert the disaster looming for those responsible if the public is faced with the truth that liberalism has ruined their lives and futures.

Over the past fifty years, liberals have made promises to take care of everyone who supported them. They’ve promised social security, medicare, and prescription drugs to the baby boomers. They promised exorbitant retirement packages to the teachers, the federal workers, and to the high ranking military. They promised cradle to the grave subsistence to the poverty stricken with welfare, food stamps, housing assistance, etc. etc. etc.

These “promises” now total over 57 TRILLION dollars. The baby boomers are almost ready to start retiring in massive numbers. They want their goodies. The federal workforce, along with the teachers and police are starting to retire in large numbers as they’ve put in their time as well. They want their goodies. Same for the military, etc. etc. The poverty folks are falling further behind and they will be making their continued demands.

If you are the United States government and are FLAT BROKE, how do you handle this situation? You can’t pay your bills. You can’t let the ones you’ve promised so much to find out it was all just a scam, at least if you are a current office holder. There is ONLY ONE SOLUTION. You anger the masses to the point of breaking up the country into separate political entities. Doing this means your day of reckoning NEVER arrives. You don’t ever have to show your hand. You simply allow history to change the landscape politically as you melt back into whichever society emerges. That 57 trillion dollar turd NEVER hits the fan. Knowing the end is near so to speak, steal as much “future” wealth as you can and take care of your buddies on Wall Street before you leave office (Bush), and take care of your buddies as you (Obama) wreck the nation into the disarray that will bring about this “change” everyone thought they were voting for.

Splitting up rescues those who have stolen everything. It's their only out.

42 posted on 12/16/2009 6:25:35 PM PST by Uncle Sham
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To: earlJam
President Obama: Federal Government 'Will Go Bankrupt' if Health Care Costs Are Not Reigned In

We can only hope. Send it into receivership back to We the People for a long-overdue house cleaning and massive down-sizing.

43 posted on 12/16/2009 6:35:35 PM PST by DTogo (High time to bring back the Sons of Liberty !!)
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To: earlJam

In less than a year, Obama has overtaken Clinton as the biggest liar in POTUS history.


44 posted on 12/16/2009 6:39:11 PM PST by stephenjohnbanker (Support our troops, and vote out the RINO's!)
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To: stephenjohnbanker

President Nobama: YOU are morally bankrupt. Resign immediately.


45 posted on 12/16/2009 7:08:37 PM PST by hal ogen
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To: livius

If the government doesnt start free healthcare for 35 million uninsured, then the government will go broke.

Does this make any sense?


46 posted on 12/16/2009 7:25:23 PM PST by When do we get liberated? (STATE CONTROLLED ECONOMIES SUCK ! LONG LIVE AMERICA.)
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To: Go Gordon

The scary thing is that 52% of people are so dumb they willingly voted in a gy that all probability had less executive experience than they did.


47 posted on 12/16/2009 7:30:41 PM PST by When do we get liberated? (STATE CONTROLLED ECONOMIES SUCK ! LONG LIVE AMERICA.)
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To: SteamShovel

Obama is creating Libertarians.


48 posted on 12/16/2009 7:33:51 PM PST by When do we get liberated? (STATE CONTROLLED ECONOMIES SUCK ! LONG LIVE AMERICA.)
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To: NoRedTape

What is really funny is he has actually done nothing to please the left or the right. Just a milquetoast pansy trying to make everyone like him.


49 posted on 12/16/2009 7:50:46 PM PST by When do we get liberated? (STATE CONTROLLED ECONOMIES SUCK ! LONG LIVE AMERICA.)
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To: Uncle Sham

Excellent observations. At this point we have to ask ourselves can this treason, once laid bare for all to see, be dealt with by the great unwashed? And to your point, is there still time to undo the damage that’s been done, and at what cost, or have we already passed the tipping point? Regardless, I see some tough times ahead...


50 posted on 12/16/2009 8:32:26 PM PST by ForGod'sSake (You have two choices and two choices only: SUBMIT or RESIST with everything you've got!)
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To: ForGod'sSake
The answer is really not a complicated one.

It involves ENDING the federal presence in our individual lives by gradually phasing out ALL of these "assistance" programs. I'd start off by placing an end date for social security and gradually cut back until no one is covered by it. Those who have paid into it who do not receive the "benefits" at least will have a 15% raise in income to show for it. I'd take this trade-off and I'm 57. I'd at least know that my kids and grand kids won't be screwed like all of us have been.

This one step would go a long way to returning this nation to financial solvency. Once federalism has been returned to it's rightful posture, those who have delivered it to our doors will become contributors to our society rather than bloodsuckers. The states will take center stage in providing whatever assistance is deemed necessary. The other thing to help this transition is to "privatize" as much as possible EVERYTHING that is currently being done by government so that things that don't survive in the real marketplace can die off as they need to.

These are just a few ideas to start off with. There are many other things that can be done. In short, yes, we can fix this.

51 posted on 12/17/2009 5:27:22 AM PST by Uncle Sham
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To: Uncle Sham
The answer is really not a complicated one.

In the world of career politicians, everything is made more complicated -- by them. As pointed out in the Gokhale-Smetters Report, "entitlements" have become embedded in the American psyche and anybody that makes a move to phase out or otherwise cut back on either can count on certain political death. Old folks vote in high numbers. Health Care Reform™ is an end run around the problem and Pubbies are left shilling for Medicare, etc; programs guaranteed to backrupt the country in the not to distant future. Interesting times.

52 posted on 12/17/2009 7:50:10 AM PST by ForGod'sSake (You have two choices and two choices only: SUBMIT or RESIST with everything you've got!)
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