Gene's Footnotes: Another "TRUST" destroyed by Congress: Medicare

First, from Bob (I give up trying to work this embed thing)

http://www.youtube.com/watch_popup?v=G44NCvNDLfc

This is the second time I have watched the representative. He is my choice for the next president, the old guard being of no value. He knows what he is saying and can form coherent thoughts; I wonder if his associates understand what he is saying?

---------

I have an advantage over most, I got sick early. I got mine; that fits with the new America. Good luck to you.

Below, you can see why Obama wants to kill off older people. Now, it all makes sense.

Note that defense spending is now less than Medicare.

When I started studying the end of America as a student, the Social Security Trust Fund actually existed. It was a trust that the government set up to help the people, though it had its socialistic element of forced contribution.

This projection puts a recent comment by one of those Democratic talking heads. The logic being used was we had to have a socialized plan because it is too expensive (TO GOVERNMENT) the way we are going. Tomorrow, I will publish a table showing private insurance makes very little return on income and some of the sectors are negative. This is what the government wants to improve. The eternal: ???????

Actually, it is not hard to figure out, if you read history. First, tyrants take control of medical care, then guns, then schools. Done. In our case, the medical care grab also involves a huge sack of money that the government does not have. You can bet it will absorb all that insurance money, spend it, then promise to pay medical care out of the general fund with the coming funny money. Except, Congress will not participate, of course, who I am sure will continue to use AIG.

The Democratic Congress could not leave a pile of money alone, so it no longer exists. Gone. If I did that with a trust or escrow company, the politically correct thing to do is have me arrested, but I am not Congress.

Since all these thieves are voted back in, we, the people, are responsible. You can't keep blaming the hacks, if they keep getting voted in. You have to act or take part of the responsibility, as well as buy silver in a few weeks.

A very young Prince Charles once said in an interview, I would say in the early 70's, something that bothered me, so I kept in mind, it went something like: "The people get the government they deserve."

The Medicare Trust Fund, sent in by Irene:

Medicare Trust Fund