Thursday, December 16, 2010

A Giant "Successful Failure"

The biggest ponzi scheme of all. Thanks FDR. (HT Dreamstime.com)



A hard hitting piece by Marc Rudov has highlighted the ultimate in dependency on big government. Here's the punch line from the American Thinker:

"Social Security's failure is rooted not in actuarial anomalies, but in the violation of immutable psychology: people succeed only when they are responsible for their own decisions and actions. When government manages your life, it will fail -- and therefore, you will fail.

Examples of socialism's failure abound -- from the Weimar Republic to the Soviet Union to Cuba. Even the history of Thanksgiving provides such a lesson. The colonists at Plymouth Plantation were starving because of laziness and dependence on the industrious few who produced food. In 1623, Massachusetts Governor Bradford fixed the problem by abolishing socialism and mandating self-sufficiency. He gave each household a parcel of land and the right to keep or trade any food produced -- or face starvation. End of famine."

One way to take back this country is to phase out massive entitlement programs like this, and repeal Obamacare.

Background Reading:

American Thinker: Social Security: Successful Failure

No comments:

Post a Comment