Corporate welfare gone mad in the USA.

Not only do US corporations enjoy normal subsidies and tax breaks when the market is roaring, they also enjoy the protection of CONGRESS FUNDED SOCIALISTIC CORPORATE WELFARE when there is a downturn in the market - OR when US corporations are inneficient and irresponsible (which is most of the time).

Kar Marx would have been very proud of his desciple, George Bush and his communist party (also known in the USA as the Republican party)

And of course the trillion dollar plus CORPORATE bail out DOES not apply to other needy casues.

Remember when the Katrina victims in New Orleans asked for asssistance to re-build their lives? Too bad there I'm afraid. Free MArket forces apply in this situation.

Welcome to the USA - soon to change its name to the USSR.

GOD BLESS AMERICA

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Supreme Executive for the I.S.S.F

nope.

Even if it was happening how on earth is funding a corporation socialistic?

Oww so hes a commie now? i thought he was a fascist? or a tyrant fueling american greed?

a very cold day in hell..

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Left sucks! so visit our new group! Obama is a Joke!

But if the same tax payers money goes to a public hospital or health care system its SOCIALISTIC?

DO you understand the very question you ask? It says alot about your lack of understanding and delusional state.

Come on TheChief, if you are really the Chief then you need to pull your socks up son!

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Supreme Executive for the I.S.S.F

still sitting on your brain I see.

If one can support giving tax payers money to corporations whilst refusing to build hospitals, that person can only be described as the worst hypocryt. If one says no welfare it must be no welfarefor all including the rich. When the rich make mistakes the government that they own run in to help, the billions going to the banks, when a poor person asks for help he is a communist. All should be punished for mistakes, the banks should have fallen, those billionaires should have lost theirmoney and a new crop of people would have come up who would have done better, now we keep the same useless people who fly private jets but when they make a mistake too keep their jets they are given money for the good of society. But then welfare for the poor is also good for the society by the same argument, they also spend that money on goods and services, but one must first understand what is meant by the free market, read this from the Adam Smiths Lost Legacy, understand what the market is, http://adamsmithslostlegacy.com/2008...of-people.html Corporations hide behind free market and those who do not understand will say hey but giving corporations money is okay but giving somebody who lost their job money is wrong, how is it wrong but giving corporations is right.

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The Eagle is Mighty, Crows are Many.

this IS a fools post.

useless text. useless poster.

Hey Chief, how can you stand knowing the fact that you are on the same continent with the guy who started this thread?

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White Fox,

Yes YOU are so REPULSED by my presence here, that you have plagiarised a spontaneous comment that I made in public and actually use it as a signature at the bottom of ALL YOUR POSTS NOW.

They say that plagiarism is the highest form of flattery.

Well to me it depends who the plagiarist is, doesn't it White Fox?

If George Bush took one of comments and publicised it in one of his SO CALLED press conferences I would imagine that I would be insulted through the mere act of INSANITY via association.

cheers guys.

Most of you lack the creativity and passion to post vibrant and engaging threads and posts, and so you troll around criticising and insulting because YOU JUST DONT HAVE THE TALENT to engage in honest debate.

AND IN a political forum too - that makes it even worse !

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Supreme Executive for the I.S.S.F

Corporate welfare, done well (as it it usually is) is a good thing for several reasons.

One, its not the same welfare that as that of Welfare programs in the US - as in it doesn't pay people to not work. Corporations are the backbone of our system. In a capitalist society, especially in the highly successful one that we currently inhabit, the private sector (aka corporations) account for the vast majority of all employment, GDP, research... the list goes on. It is therefore necessary for government to help ensure a healthy climate for business. It is also hugely important to recognize that although businesses fail from time to time, often times HUGE businesses going under would be detrimental to the overall public good. Hence the government occasionally bails out airlines, so we can all still fly places. Hence they occasionally bail out Banks, so that when something like the Bear Stearns collapse happens, millions of people don't lose their investments there.

I think too often people don't realize that corporate welfare doesn't just help corporations, it helps individuals and it helps the system overall.

Furthermore, people only complain about the big corporations, other things like FDIC insurance bothers nobody, but they're both for the same purpose. If government garauntees that your investments will be protected (up to 300k) you are more likely to invest. Similarly, if the government helps protect huge, vital industries, those industries will be more likely to pop up.

Of course, like all things, it has its excesses and theres always questionable behavior with everything, but we can't overlook the overall good of corporate welfare.

i can't stand it i can't stands no more!

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Left sucks! so visit our new group! Obama is a Joke!