Corporate welfare in action ....

[OnePercenter]

Republicans show us why it was a bad idea by morphing it to expand corporate profits while screwing workers and consumers?

Government screws workers and consumers, not capitalism. Just look at all the immigrants government is importing into the country. Everyone of them takes an American job. You can't screw the American worker any worse than that.

And yet you are ok with the government picking winners and losers.

I am? Where?

Great, so you are against these corporate welfare deals where government gives special deals to corporations and picks winners and losers.

Yes, I am against tax abatements, and I'm against publicly funded stadiums.

In where, Canada?

 

[OnePercenter]

Asshole Obama stealing General Motors from its rightful owners the bond holders, gifting it to the UAW union, gifting $53 billion in taxpayer dollars to fund their bankrupt pension, now that's corporate welfare.

Bondholders invested in a company designing and engineering crap. They knew that going in. Why should they be paid before workers?

Fiat (Dodge/Chrysler/Ram) will be the next, although the Pacifica looks promising. (dumping direct injection)

 

[OnePercenter]

Asshole Obama stealing General Motors from its rightful owners the bond holders, gifting it to the UAW union, gifting $53 billion in taxpayer dollars to fund their bankrupt pension, now that's corporate welfare.

Not to mention Obama selling Chrysler to Fiat for pennies on the dollar, which now appears Fiat may be selling Chrysler to the Chinese.....probably not for pennies on the dollar.

That's bullshit.

 

[OnePercenter]

That pea brain libs have the nerve to yap about corporate welfare after their lawless umpteen billion dollar theft its mind boggling.

Not to mention their corporate welfare to lure people into buying electric cars they really don't want.

Yep. It's the same abuse of the taxation power. Taxes should be confined to raising revenue and applied as evenly as possible. We shouldn't let government use its power to tax as a carrot and stick to manipulate society.

Okay, that sounds fair. So you wouldn't mind paying 35% in income taxes, because that's what we tax the wealthy at.

You meant to write 35% of taxable income?

 

[OnePercenter]

That pea brain libs have the nerve to yap about corporate welfare after their lawless umpteen billion dollar theft its mind boggling.

Not to mention their corporate welfare to lure people into buying electric cars they really don't want.

Yep. It's the same abuse of the taxation power. Taxes should be confined to raising revenue and applied as evenly as possible. We shouldn't let government use its power to tax as a carrot and stick to manipulate society.

Okay, that sounds fair. So you wouldn't mind paying 35% in income taxes, because that's what we tax the wealthy at.

I'd rather get rid of income tax altogether, but if we're going to have it it should be the same rate for everyone, yeah.

If we got rid of income taxes, how would we run the federal government? After all, none of your payroll taxes goes to run the government, and in fact, almost half of the people in this country pay no income tax at all.

Almost all of federal income tax paid by individuals is returned to the State. More than all of you're a southern red State.

 

[Ray From Cleveland]

Welfare is when the government takes money from working people and hands it out to people who dont work. Its that simple. Now you can add all the adjectives you want..."corporate" or whatever. Different animal. But I dont think the confusion liberals try to sow with it work anymore. Since Obama came into office welfare spending (look up welfare at Wikipedia if you still dont know what it is) has risen 25% to over 900,000,000,000. LINK That is a lot of zeros. How to do it? Well for eight years you fund your pet liberals in corporations...then you whine that "corporate welfare" means you cant stop the welfare spending. neat trick!

Doesn't matter if liberal at Apple got some money, or Tunisia, or the National Weather Service. Welfare is breaking us. And there is no connection. If you want to cut welfare there is no tie to cutting off sewer funding to insurance agencies in Omaha. It is a liberal scam. "We cant cut welfare because "fill in the blank" welfare....
Bogus.

But more than that it ensures that Democrats can continue their handouts to corporations. it makes corporations complicit in the general theft. To lose that straw man "corporate welfare" would be catastrophic for corp[orate boards, democrat politicians and welfare vote farms.

Welfare is a necessity for when capitalism fails.

Welfare is a necessity when people fail--not capitalism.

Welfare is necessary when employers don't pay a living wage.

Why is welfare needed because of what employers pay? Welfare is a benefit to individuals--not employers.

How did it become the employers responsibility to provide a living wage to employees who's work is not worth a living wage? Shouldn't that be the responsibility of the employee?

I have some very disappointing news for you. People do not start businesses to pay a living wage. They do not start (or maintain) a business to provide great benefits. People start companies to create a product or service for profit. That's where their responsibility ends. If government decides to subsidize people for being failures in life, that's not the fault of the employers--that's the fault of our government and people who become slaves to the government.

Social welfare benefits individuals and corporations. Walmart is a great example. They pay their employees a low wage then help their employees to apply for social welfare, AND at the same time collect corporate welfare.

Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance

I don't know where this leftist thought came from that Walmart (or any other business) has anything to do with welfare. The two are not even in the same boat. One has nothing to do with the other. That's like saying because somebody who worked at Walmart rode his bike in front of the bus and got killed, It's Walmart's fault. That's total stupidity.

Businesses could care less what their employees do on their own time with the exception of drug usage. If they want to screw taxpayers and go on welfare, fine with Walmart. If they don't, fine with Walmart. Walmart doesn't care. It has nothing to do with their business.

 

[bripat9643]

Capitalism eats itself if unchecked . We've seen that in the early 1900s .

How did it "eat itself?" Capitalism produced all the miracles Americans enjoyed at the turn of the century. The automobile, electric lights, refrigeration, telephone, radio.

Competition is central to capitalism. Yet every business seeks to eliminate competition. When they succeed , capitalism collapses .

Capitalism is also a situation where people take advantage of breaks that allow them to capitalize.

Wouldn't that be Unchecked Capitalism? A perfect example of the healthcare insurance/health provider monopoly.

That's not a monopoly. A monopoly is one where a company has total control over an industry. There are hundreds of health insurance businesses in the US.

However, government did interfere by keeping out-of-state companies from competing locally.

 

[Tommy Tainant]

Welfare is a necessity for when capitalism fails.

Welfare is a necessity when people fail--not capitalism.

Welfare is necessary when employers don't pay a living wage.

Why is welfare needed because of what employers pay? Welfare is a benefit to individuals--not employers.

How did it become the employers responsibility to provide a living wage to employees who's work is not worth a living wage? Shouldn't that be the responsibility of the employee?

I have some very disappointing news for you. People do not start businesses to pay a living wage. They do not start (or maintain) a business to provide great benefits. People start companies to create a product or service for profit. That's where their responsibility ends. If government decides to subsidize people for being failures in life, that's not the fault of the employers--that's the fault of our government and people who become slaves to the government.

Social welfare benefits individuals and corporations. Walmart is a great example. They pay their employees a low wage then help their employees to apply for social welfare, AND at the same time collect corporate welfare.

Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance

I don't know where this leftist thought came from that Walmart (or any other business) has anything to do with welfare. The two are not even in the same boat. One has nothing to do with the other. That's like saying because somebody who worked at Walmart rode his bike in front of the bus and got killed, It's Walmart's fault. That's total stupidity.

Businesses could care less what their employees do on their own time with the exception of drug usage. If they want to screw taxpayers and go on welfare, fine with Walmart. If they don't, fine with Walmart. Walmart doesn't care. It has nothing to do with their business.

I think you understand it Ray. You are too intelligent not to.

 

[Brain357]

Asshole Obama stealing General Motors from its rightful owners the bond holders, gifting it to the UAW union, gifting $53 billion in taxpayer dollars to fund their bankrupt pension, now that's corporate welfare.

Not to mention Obama selling Chrysler to Fiat for pennies on the dollar, which now appears Fiat may be selling Chrysler to the Chinese.....probably not for pennies on the dollar.

That pea brain libs have the nerve to yap about corporate welfare after their lawless umpteen billion dollar theft its mind boggling.

Is Charles Koch a liberal? People who understand how stupid corporate welfare is are against it, conservatives and liberals.

Charles Koch: ‘I agree’ with Bernie Sanders on corporate welfare

 

[Toddsterpatriot]

Iowa isnt exactly Silly-conehead Calif.

that 200 million dollar investment will pay for itself in nothing flat and boost the local and state economy from now until the day Apple decides to go.

How will it pay for itself?

It's a data center with 50 workers.

How will it pay for itself?

Apple will purchase 2,000 acres (8.09 square km) of land in Waukee, about 20 miles (32 km) west of Des Moines, to build two data centers. The company will receive a $19.65 million investment tax credit for creating 50 jobs.

Cook said Apple will contribute up to $100 million toward a “public improvement fund” for the city of Waukee, adding the first project supported by the fund will be a youth sports complex that “will be open to all.”

The bulk of the subsidy is a planned $188.2 million property tax abatement of 71 percent over 20 years provided by the city of Waukee, according to economic development officials.

Looks like instead of the $13.25 million per year that they wouldn't receive if Apple didn't build the data center, they'll receive $3.85 million per year for 20 years. Not sure what the current property tax on the land is, if any.

Not enough detail to see how much they will actually donate to the “public improvement fund” over what period.

 

[dblack]

Asshole Obama stealing General Motors from its rightful owners the bond holders, gifting it to the UAW union, gifting $53 billion in taxpayer dollars to fund their bankrupt pension, now that's corporate welfare.

Not to mention Obama selling Chrysler to Fiat for pennies on the dollar, which now appears Fiat may be selling Chrysler to the Chinese.....probably not for pennies on the dollar.

That pea brain libs have the nerve to yap about corporate welfare after their lawless umpteen billion dollar theft its mind boggling.

Is Charles Koch a liberal? People who understand how stupid corporate welfare is are against it, conservatives and liberals.

Charles Koch: ‘I agree’ with Bernie Sanders on corporate welfare

Most people here are so caught up in the left/right shit that they can't see past it.

 

[OnePercenter]

How did it "eat itself?" Capitalism produced all the miracles Americans enjoyed at the turn of the century. The automobile, electric lights, refrigeration, telephone, radio.

Competition is central to capitalism. Yet every business seeks to eliminate competition. When they succeed , capitalism collapses .

Capitalism is also a situation where people take advantage of breaks that allow them to capitalize.

Wouldn't that be Unchecked Capitalism? A perfect example of the healthcare insurance/health provider monopoly.

That's not a monopoly. A monopoly is one where a company has total control over an industry. There are hundreds of health insurance businesses in the US.

However, government did interfere by keeping out-of-state companies from competing locally.

Perhaps you can site an example.

 

[bripat9643]

Competition is central to capitalism. Yet every business seeks to eliminate competition. When they succeed , capitalism collapses .

Capitalism is also a situation where people take advantage of breaks that allow them to capitalize.

Wouldn't that be Unchecked Capitalism? A perfect example of the healthcare insurance/health provider monopoly.

That's not a monopoly. A monopoly is one where a company has total control over an industry. There are hundreds of health insurance businesses in the US.

However, government did interfere by keeping out-of-state companies from competing locally.

Perhaps you can site an example.

Every state has laws that prevent out of state insurance companies from providing policies locally.

 

[dblack]

Capitalism is also a situation where people take advantage of breaks that allow them to capitalize.

Wouldn't that be Unchecked Capitalism? A perfect example of the healthcare insurance/health provider monopoly.

That's not a monopoly. A monopoly is one where a company has total control over an industry. There are hundreds of health insurance businesses in the US.

However, government did interfere by keeping out-of-state companies from competing locally.

Perhaps you can site an example.

Every state has laws that prevent out of state insurance companies from providing policies locally.

And of course it goes much further than that, with each state's insurance market dominated by a state regulatory regime populated almost entirely by a revolving door of insurance industry operatives. It's the most corrupt kind of corporatism that essentially grants private industry the power to regulate its customers.

 

[OnePercenter]

Capitalism is also a situation where people take advantage of breaks that allow them to capitalize.

Wouldn't that be Unchecked Capitalism? A perfect example of the healthcare insurance/health provider monopoly.

That's not a monopoly. A monopoly is one where a company has total control over an industry. There are hundreds of health insurance businesses in the US.

However, government did interfere by keeping out-of-state companies from competing locally.

Perhaps you can site an example.

Every state has laws that prevent out of state insurance companies from providing policies locally.

We know that. Which political party is responsible for the insurance monopoly?

 

[bripat9643]

Wouldn't that be Unchecked Capitalism? A perfect example of the healthcare insurance/health provider monopoly.

That's not a monopoly. A monopoly is one where a company has total control over an industry. There are hundreds of health insurance businesses in the US.

However, government did interfere by keeping out-of-state companies from competing locally.

Perhaps you can site an example.

Every state has laws that prevent out of state insurance companies from providing policies locally.

We know that. Which political party is responsible for the insurance monopoly?

The Democrat party is responsible, of course.

 

[OnePercenter]

That's not a monopoly. A monopoly is one where a company has total control over an industry. There are hundreds of health insurance businesses in the US.

However, government did interfere by keeping out-of-state companies from competing locally.

Perhaps you can site an example.

Every state has laws that prevent out of state insurance companies from providing policies locally.

We know that. Which political party is responsible for the insurance monopoly?

The Democrat party is responsible, of course.

As a Canadian, you've missed the HMO act.

While I've got you, tell Shatner to mind his Canadian business.

 

[dblack]

Wouldn't that be Unchecked Capitalism? A perfect example of the healthcare insurance/health provider monopoly.

That's not a monopoly. A monopoly is one where a company has total control over an industry. There are hundreds of health insurance businesses in the US.

However, government did interfere by keeping out-of-state companies from competing locally.

Perhaps you can site an example.

Every state has laws that prevent out of state insurance companies from providing policies locally.

We know that. Which political party is responsible for the insurance monopoly?

The Republocrats?

 

[danielpalos]

"We've got to get a handle on this shit. Whatever happened to equal protection"

Where was this enthusiasm when the Obama administration was giving actual subsidies in the billions to the solar industry ?

Much of it was here. I've been making the same argument for years.

The problem is there is a big difference between tax breaks and subsidies.

It is simply much more rational as a market friendly choice, to sink costs on renewable energy than on fossil fuels.

Fossil Fuel Subsidies & Finance - Oil Change International

 

[jasonnfree]

"We've got to get a handle on this shit. Whatever happened to equal protection"

Where was this enthusiasm when the Obama administration was giving actual subsidies in the billions to the solar industry ?

Much of it was here. I've been making the same argument for years.

The problem is there is a big difference between tax breaks and subsidies.

It is simply much more rational as a market friendly choice, to sink costs on renewable energy than on fossil fuels.

Fossil Fuel Subsidies & Finance - Oil Change International

Good article which includes the military as a subsidy to the gas and oil subsidies corporations get. That doesn't include the price of long term veteran medical care or lost lives in our military involvement in the middle east.