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Prescription Drug Benefits

The lamestream media told you:

President Bush is urging seniors to quickly sign up for the new federal prescription drug benefit approved by both parties in Congress. With the sign-up deadline approaching, nearly seven million eligible seniors have not registered, and they will lose out on all that money if they don't act soon.

The Uninvited Ombudsman notes however that:

The current unfunded liability of the program (Medicare Part D) is more than 16 trillion dollars. Drug makers, who will get this money, support the idea. Current plans will have the system bankrupt in just 12 years. No legitimate constitutional authority for taking all that money from the public treasury, and giving it away to any special interest group (older people in this case) can be found. Redistributing wealth in this manner, that is, taking from some and giving to others, is the heart of socialism, the arch enemy of the American Dream. No information on losses, corruption, waste, cost overruns, bureaucratic expenses, percentages that actually make it to the drug companies, or their profit projections, has been reported.

The Liberty Poll
, a series of questions for politicians, which are avoided by the lamestream media, asks: "6 - Can you name areas where government might serve the public interest, but where it has no authority to act? If not, is it still accurate to say we have "government of limited powers"? Does this matter?" See the rest of the Poll here.

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About the Author

  • Freelance writer Alan Korwin is a founder and past president of the Arizona Book Publishing Association. With his wife Cheryl he operates Bloomfield Press, the largest producer and distributor of gun-law books in the country. Here writing as "The Uninvited Ombudsman," Alan covers the day's stories as they ought to read. Read more.

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