Sometimes It Takes A Computer

It was great fun watching the IBM Watson computer in action this past week on Jeopardy. Now it spawns a humorous cartoon pointing out that most of the rising debt that is crippling the country is due to out of control entitlement programs, otherwise known as the third-rail of politics. The problem is with unsustainable promises that have been allegedly funded with payroll deductions and then the money was simply spent by the government which put IOUs (government bonds) in what were called trust funds. It's all been a Ponzi scheme and killing 60 million potential taxpayers (read abortion) didn't help cover the expenses. The system is now officially bankrupt and well on its way to disaster. We're still whistling past the graveyard. This house of cards is going to come down in either an orderly manner of a catastrophic manner. Any bets on which is more likely? Let me give you a hint: Washington is braindead!