Whatever happened to the business philosophy of Henry Ford, who said: “There is one rule for industrialists and that is: make the best quality of goods possible at the lowest cost possible, paying the highest wages possible.” Is this a business model followed by the Federal Government? Do they know how to Add and Subtract? Are their projections reliable? Should the Federal Government be allowed to take over and manage Corporations and Business Enterprises? Do they have any success Model that demonstrate their unique ability to manage, budget, operate within cost-effective constraints, and show a profit and/or surplus?
Consider some Federally championed services and entitlement programs - - -
The U.S. Postal Service was established in 1775 - 234 years to get it right and it is in deficit!
Social Security was established in 1935 - 74 years to get it right…it has spent the Trust Fund and has a diminishing resources for continued operation!
Fannie Mae was established in 1938 - 71 years to get it right and it is essentially Bankrupt!
Freddie Mac was established in 1970 - 39 years to get it right and it is also Bankrupt!
Medicare and Medicaid were established in 1965 - 44 years to get it right and now operating costs have escalated and benefits are being reduced!
The Department of Energy was created in 1977 to lessen our dependence on foreign oil. It now has in excess of 16,000 employees with a budget of $24 billion a year and we import more oil than ever before - 32 years to get it right and it is not yet achieving its goal!
The War on Poverty was started in 1964 - 45 years to get it right – more than $1 trillion is transferred to the poor and the desire for more services and benefits is insatiable!
The world looks on and sees this nation’s economic woes and morass (any confusing or troublesome situation, esp. one from which it is difficult to free oneself; entanglement). In an article written by John Myers in Personal Liberty Digest (April 28, 2010) entitled: “Bowing To China: What It Means To Our Future” some of the following is included: “Let China sleep, for when China awakes she will shake the world.” Napoleon Bonaparte. One of the sections – “No Tickey No Money” - contains the following assertions: “China’s military may not yet challenge the U.S., but Beijing wields the world’s most powerful weapon—credit. China’s foreign reserves, the world’s largest, rose to a new high of $2.45 trillion at the end of March…It wasn’t until 2006, or 30 years after Mao’s death, that China accumulated its first $1 trillion in foreign reserves. Yet by last April that amount had doubled to $2 trillion and by the end of this year Beijing may hold in its hands $3 trillion in foreign reserves. If America gets his way, $1 trillion of that sum will be in liquid Treasury instruments…Last month Premier Wen Jiabao, China’s top economic official, lectured Washington to take concrete steps to reassure Treasury investors. Keep in mind the irony: Jiabao, a communist, is demanding that the American administration rein in big government spending and preserve the dollar’s integrity…Our future boils down to Washington’s insatiable demand for more money. Earlier this month Commodity Online reported that seven U.S. states are in worse financial condition than Greece, Ireland, Portugal and Spain…With a $3.83 trillion budget, a $12.3 trillion federal government debt, a $1.35 trillion 2010 budget deficit and $63 trillion in unfunded liabilities, the fiscal condition of the U.S. has come into question and foreign interest in U.S. Treasuries has declined.”
In Genesis 12:1-3, we read: “The LORD had said to Abraham…I will make you into a great nation and I will bless you…I will bless those who bless you…all peoples on earth will be blessed through you." Significantly, we observe in Galatians 3:29: “If you belong to Christ, then you are Abraham's seed, and heirs according to the promise.” If we are not being blest and are not prospering as a people and nation, we ought to look at our relationship to the Lord – Who has promised blessing! We need national leaders that will revere and honor the name of the Lord. We need more spiritualism and less secularism! Even though time is fleeting, we still have opportunity of amending our ways and returning to the Lord! Consider these things with me!
Consider some Federally championed services and entitlement programs - - -
The U.S. Postal Service was established in 1775 - 234 years to get it right and it is in deficit!
Social Security was established in 1935 - 74 years to get it right…it has spent the Trust Fund and has a diminishing resources for continued operation!
Fannie Mae was established in 1938 - 71 years to get it right and it is essentially Bankrupt!
Freddie Mac was established in 1970 - 39 years to get it right and it is also Bankrupt!
Medicare and Medicaid were established in 1965 - 44 years to get it right and now operating costs have escalated and benefits are being reduced!
The Department of Energy was created in 1977 to lessen our dependence on foreign oil. It now has in excess of 16,000 employees with a budget of $24 billion a year and we import more oil than ever before - 32 years to get it right and it is not yet achieving its goal!
The War on Poverty was started in 1964 - 45 years to get it right – more than $1 trillion is transferred to the poor and the desire for more services and benefits is insatiable!
The world looks on and sees this nation’s economic woes and morass (any confusing or troublesome situation, esp. one from which it is difficult to free oneself; entanglement). In an article written by John Myers in Personal Liberty Digest (April 28, 2010) entitled: “Bowing To China: What It Means To Our Future” some of the following is included: “Let China sleep, for when China awakes she will shake the world.” Napoleon Bonaparte. One of the sections – “No Tickey No Money” - contains the following assertions: “China’s military may not yet challenge the U.S., but Beijing wields the world’s most powerful weapon—credit. China’s foreign reserves, the world’s largest, rose to a new high of $2.45 trillion at the end of March…It wasn’t until 2006, or 30 years after Mao’s death, that China accumulated its first $1 trillion in foreign reserves. Yet by last April that amount had doubled to $2 trillion and by the end of this year Beijing may hold in its hands $3 trillion in foreign reserves. If America gets his way, $1 trillion of that sum will be in liquid Treasury instruments…Last month Premier Wen Jiabao, China’s top economic official, lectured Washington to take concrete steps to reassure Treasury investors. Keep in mind the irony: Jiabao, a communist, is demanding that the American administration rein in big government spending and preserve the dollar’s integrity…Our future boils down to Washington’s insatiable demand for more money. Earlier this month Commodity Online reported that seven U.S. states are in worse financial condition than Greece, Ireland, Portugal and Spain…With a $3.83 trillion budget, a $12.3 trillion federal government debt, a $1.35 trillion 2010 budget deficit and $63 trillion in unfunded liabilities, the fiscal condition of the U.S. has come into question and foreign interest in U.S. Treasuries has declined.”
In Genesis 12:1-3, we read: “The LORD had said to Abraham…I will make you into a great nation and I will bless you…I will bless those who bless you…all peoples on earth will be blessed through you." Significantly, we observe in Galatians 3:29: “If you belong to Christ, then you are Abraham's seed, and heirs according to the promise.” If we are not being blest and are not prospering as a people and nation, we ought to look at our relationship to the Lord – Who has promised blessing! We need national leaders that will revere and honor the name of the Lord. We need more spiritualism and less secularism! Even though time is fleeting, we still have opportunity of amending our ways and returning to the Lord! Consider these things with me!
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