1) Federally run program are never really broke, any more than the US Government is ever really broke.
Federally run programs are not designed to make a profit. They are designed to deliver a designated level of service to the American people within a budgetary process. They are suppose to be broke at the end of a budged period, so they break even. On the other hand privately owned company's primary purpose is to make a profit for the stockholders. 2) All the programs listed below are still in business with a focus on serving the American people, rather than gouging the American public to up the bottom line on the income statement of those who own the company via publicly traded stocks and bonds. Successful programs as defined by those who created them should be carry forward and unsuccessful programs should be eliminated. Regards, LelandJ On 08/18/2009 03:26 PM, Michael Madigan wrote: > Social Security Administration - Broke > > Amtrak - Broke > > Medicare - Broke > > Medicaid - Broke > > US Postal Service = Broke > > Fannie Mae - Broke > > Freddie Mac - Broke > > Federal Deposit Insurance Corporation - Broke > > Great track record. > > [excessive quoting removed by server] _______________________________________________ Post Messages to: [email protected] Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[email protected] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
