Social Security is going bankrupt: http://www.washingtontimes.com/news/2010/aug/5/social-security-red-first-time-ever/
The US Postal Service can’t pay their way: http://www.reuters.com/article/idUSN0517225620100805
Fannie Mae continues to be a black hole for YOUR tax dollars: http://www.bloomberg.com/news/2010-08-05/fannie-mae-seeks-1-5-billion-from-u-s-treasury-after-12th-straight-loss.html
(BY the way, guess the financial institutions that were NOT covered in the new “financial regulations bill”. If you guessed Fannie May and Freddie Mack, you were right. Ask yourself: Self, why were the two organizations that caused the current financial crisis NOT covered by the new regulations, much less ANY regulations? To figure it out FOLLOW THE MONEY.)
The so-called “economic recovery” appears to be a chimera: http://www.cnbc.com/id/38590746
And all this was caused by “the Best and the Brightest”.
William Buckley once said that
“I’d rather entrust the government of the United States to the first 400 people listed in the Boston telephone directory than to the faculty of Harvard University.”
I always thought that it was a joke.
Steamboat Jack (my evil twin)