Speaking to ABC News anchor Charlie Gibson, President Obama said that Medicare and Medicaid are on an “unsustainable” trajectory and no the government “will go bankrupt” if Congress does not pass a health care bill.

It is most ironic that liberals, on the one hand have said we need government health care because medicaid and medicare have been so successful and on the other hand we need government healthcare because medicaid and medicare are bankrupt.

So the government needs to operate more of the healthcare system to cover their losses operating part of the healthcare system.

There’s business opportunity that only congress would be stupid enough to enter into.

It’s kind of like lending money to a compulsive gambler who owes money to the mob and thinks he can pay off his gambling debt by more gambling.

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