"Once a nation under a Constitution that restricted government intrusion, we now want government to provide for our 'needs' by calling them 'rights.' We now ask government to prop up failing businesses, make student loans, guarantee mortgages, build and maintain public housing, financially support state education from preschool though graduate school, fund private research, provide disaster relief and aid, pay 'volunteers' and on and on. Many in our nation happily submit to this bargain. They consider the Big Three entitlements -- Social Security, Medicare and Medicaid -- 'rights,' their absence unimaginable in a modern 'caring' society. It is out of the question to expect people, families and communities to plan for retirement. It is beyond reason to expect medical care, like any other commodity, to follow the laws of supply and demand -- for prices and choices to allocate resources and for competition to drive down prices and improve quality. It is simply too much to expect the compassion, morality and spirituality of humankind to aid those unable to care for themselves." --columnist Larry Elder
"The Care therefore of every man's Soul belongs unto himself, and is to be left unto himself. But what if he neglect the Care of his Soul? I answer, What if he neglects the Care of his Health, or of his Estate, which things are nearlier related to the Government of the Magistrate than the other? Will the magistrate provide by an express Law, That such an one shall not become poor or sick? Laws provide, as much as is possible, that the Goods and Health of Subjects be not injured by the Fraud and Violence of others; they do not guard them from the Negligence or Ill-husbandry of the Possessors themselves." --English philosopher and political theorist John Locke (1632-1704)
"Bernie Madoff took money from people who thought he'd invested it, gave some to others who thought it was a partial return on their earlier investments and kept much for himself. That's called a Ponzi scheme, and his $50 billion fraud was called the biggest ever. But it wasn't the biggest. Social Security and Medicare are much bigger ones. These are trillion-dollar scams. Medicare has a $36 trillion unfunded liability. Social Security's is $8 trillion. There's no money to keep those promises. But Congress isn't investigating this scam. Congress runs it. That FICA money you thought government had saved for your retirement is gone. There's nothing left but IOUs backed by nothing. Your money was spent not only on current retirees but on wars, welfare, corporate bailouts, earmarks and all the other stuff Congress wants. For years, this was possible because the FICA tax brought in surpluses that allowed government to pay retirees more than they contributed and still help buy those other things. Those days are gone. ... Our forefathers would be appalled. After the American Revolution, when the new government was debating how to pay its bills, George Washington said this about a national debt: 'We should avoid ungenerously throwing upon posterity ... the burden we ourselves ought to bear.' Well, we sure are dumping my generation's debt onto posterity. I wish we had more politicians like George Washington." --columnist John Stossel
"As the night follows the day, the VAT cometh. With the passage of Obamacare, creating a vast new middle-class entitlement, a national sales tax of the kind near-universal in Europe is inevitable. ... As Obama has repeatedly insisted, the real money is in health care costs -- which are now locked in place by the new Obamacare mandates. That's where the value-added tax comes in. For the politician, it has the virtue of expediency: People are used to sales taxes, and this one produces a river of revenue. Every 1 percent of VAT would yield up to $1 trillion a decade (depending on what you exclude -- if you exempt food, for example, the yield would be more like $900 billion). It's the ultimate cash cow. Obama will need it. By introducing universal health care, he has pulled off the largest expansion of the welfare state in four decades. And the most expensive. Which is why all of the European Union has the VAT. Huge VATs. Germany: 19 percent. France and Italy: 20 percent. Most of Scandinavia: 25 percent. American liberals have long complained that ours is the only advanced industrial country without universal health care. Well, now we shall have it. And as we approach European levels of entitlements, we will need European levels of taxation." --columnist Charles Krauthammer
"The Patriot Post (www.patriotpost.us/subscribe/ )"
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