This article that just appeared in Bloomberg.com, regarding Stockton-writ-California-writ-USA-writ-large’s pending bankruptcy, is just so absolutely jaw-dropping crazy…uh, no, wait….it isn’t really so crazy after all. Never mind.
If Stockton Is Broke, Why Isn’t San Diego?: Steven Greenhut
Here’s the money take-away: referencing the fact that, for the past 20 years, city employees could earn full lifetime health benefits (employee and spouse) after working only one month, Stockton City Manager Bob Deis noted…
“There was no money set aside to fund those commitments.”
And that’s the rub with our national, state and local governments, isn’t it? They can promise anything to get peoples’ votes, but there is no obligation to deliver. All they can do is make empty promises. And so, like moths to a flame, do we the people incinerate our futures and our freedoms on the soaring promises of hopey-change utopians. We once-proud, free, self reliant Americans have shown ourselves to be all too willing to give up our freedoms in exchange for promised government benefits…i.e., retirement pensions, health care, security, education…with not even a guarantee that the government will or can deliver.
You see, the government can never guarantee such promises, because (as our European cousins have so amply demonstrated) these are promises that government never could deliver. Government can’t deliver because a) government itself cannot create those benefits and b) because, inevitably, in the end, there is never enough money to pay for other people to provide those benefits.
The only thing the government can guarantee is that a) once surrendered, you won’t get your freedom, retirement, health care, security, or money back and b) the only way that it can even pretend to deliver on its promises is by taking away even more of your freedoms and money. Flame – moth – destruction.
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