What is the extent of "Welfare for the Rich"?

[Ned]

Replying to one of gary's comments in the "do we have the right to tax..." thread. I did not want to derail that thread in this direction, so I started this thread to discuss this side issue.

As for the term "welfare for the rich," it is interesting to note that lately, taxpayer funded corporate subsidies have been approved by more democrats in congress than republicans. I don't think the term "welfare for the rich" is a fair term for these corporate subsidies anyway. After all, democrats, champions of the poor, vote for them.

gary, you are not serious? I thought that it was pretty obvious that democrats, as a group, is a spineless bunch of opportunists who care about one thing: their reelection. There are a few exceptions,of course, but the majority shows their true colours when it comes to voting on legislations. Just remember the spectacle of the 'debate' leading up to Obama's health care reform! Every time the republicans unleash their smear campaign, the democrats run for cover.

As far as the poor voting for the democrats is concerned -- the poor has no choice whom to vote for. It is a 2-party system, with hardly any difference between the parties.

So how real, and how bad, do you think "Welfare for the Rich" is?

[Bill Wiltrack]

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There no longer is a limit to welfare for the rich.

America is no longer considered a Democracy.


Run for multinational corporations by multinational corporations.


In 2008 the too big to fail bank robbery upon citizens went without repercussions and without repair to the system that allowed and STILL allows those evil practices to continue.


Large corporations pay little or no taxes to ANYONE and this will continue. For large multinational corporations make the rule, elect the government servants and set the mindset for a society by owning the media and projecting their agenda through those channels.





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[Ned]

Bill, you will like this:

War

The nice man from the bank
helped me get a mortgage
I will pay for the rest of my life.
I thanked him for his kindness
as he read the documents
on how I would lose my home,
if I defaulted on a payment,
how I would find myself, quickly,
on the pavement.

The lady from the government
then gave me a tax bill to pay,
but she wouldn't say
what my punishment would be
if I couldn't come up with the fee.

The car dealer's gentleman was even nicer
as he gave me the key to my car,
telling me how I would cry
if I couldn't meet my obligations
to pay the monthly installations
I wouldn't get, on foot, very far.

The dentist, before he pulled my tooth,
wanted to know how I would pay him for the maim
he was going to do to my gums
to remove this head-splitting pain.

When I lost my job,
they told me to start a business,
don't wait for others to help me with this
misfortune of mine,
try to become independent,
don't count on my government.

I did and ended up making money
for everyone who suddenly appeared,
taking all that I made:
for rent and for interest,
for penalties, fees, taxes,
for permits and licenses,
for lawyers, for accountants,
for bribes and for promotion,
for legal resolution…
…urging me to work harder,
tighten my belt,
stop complaining about
how it felt.
 
I thanked them all for helping me along,
with kind words, inspiring phrases,
never once thinking that I was in a war
with a heartless, shameless whore:
the parasites of capitalism,
the leeches of the monied class,
who own our government, make our laws,
who are just happy to eat me alive
never, for a second, shy;
ready to discard me
when sucked dry.

[Arising_uk]

The main problem appears to be that we've socialised the risks and privatised the profits.

[Dalek Prime]

Appears? Hell, this is, for all intents and purposes, written into commercal law.

You've read "The Corporation", yes? Highly recommend.

[Obvious Leo]

The main problem appears to be that we've socialised the risks and privatised the profits.

It was a very clever trick. Even cleverer has been the relentless disinformation campaign to convince the hoi polloi that this blatant larceny is actually in their best interests.