A major debate is in progress regarding Obamacare-Medicare. Will Congress manage it into a marvelous success? Or a miserable failure?
In April of 1933, we abandoned our Constitution and the gold standard, and adopted socialism. During those many years since, we have weakened our pursuit of freedom in favor of dependence upon government; Medicare is an example. During the past 81 years we have (1) accumulated debt, public and private, of $600,000 for each person in this nation, (2) 47 percent of our population is on government support, and (3) our labor force is now the least competitive on earth as confirmed by four decades of foreign trade deficits.
Three dangerous developments were managed into existence by government: national "derivative" (wild, insane gambling) liabilities 15 times the size of our gross national product and growing, 60 million damaged home titles identified with Mortgage Electronic Registration System, and the "shadow banking system" — the large, arrogant banks that "own" Congress.
Question for politicians and voters: with a record of managing national affairs like that, is Congress capable of successfully managing Medicare-Obamacare as a glowing socialist success?
Socialism, like we have — theoretically marvelous; in reality very dangerous. Our government, now in pending bankruptcy, managed there by Congress.
Leland P. Cade