Rich Take From Poor as U.S. Subsidy Law Funds Luxury Hotels

Discussion in 'Politics, Religion, Social Issues' started by mcrain, Feb 14, 2011.

  1. mcrain macrumors 68000

    mcrain

    Joined:
    Feb 8, 2002
    Location:
    Illinois
    #1
    This is what happened at the intersect between business and government during the Bush presidency; I'm not at all surprised that there was almost zero oversight or attempt to prevent this type of corporate pillaging of the taxpayer's coffers.

    There isn't much to talk about, but it was an article I thought worthy of posting.
     
  2. fivepoint macrumors 65816

    fivepoint

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    Location:
    IOWA
    #2
    Suggesting American corporatism is a 'Bush Presidency' problem is nothing short of Naive. Just ask Barry "Sachs" Obama. Bottom line - the more money government is allowed to take from you through taxation, the more business will (logically) try to get from them. The more the government grows, the more subsidies grow, the more corporatism grows, and the more our deficit grows.... Consequently, the more entrepreneurship dies, the more the free market dies, the more competition dies.

    Without a corpse, there are no vultures.
     
  3. mcrain thread starter macrumors 68000

    mcrain

    Joined:
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    Illinois
    #3
    Except, in this case, the "corpse" is Japanese Kobe beef, and the Bush administration put it outside for all the vultures to feast on as they desired. So much for being responsible caretakers of the public's trust.

    (edit) Hey Fivepoint, let me see if I have this right. Your point is that we need to cut government because Republican's don't know how to run things?

    (edit2) Oh, and did you read the article?
     
  4. Thomas Veil macrumors 68020

    Thomas Veil

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    #4
    How do you do that? --- Make everything about the government taking advantage of the poor, beleaguered mega-wealthy? :rolleyes:
     
  5. fivepoint macrumors 65816

    fivepoint

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    #5
    Frankly, my interest level in debating someone who isn't even willing to admit that corporatism is a problem which infects all levels of government and both parties to the citizenry's detriment... isn't worth debating. Keep on saying it's a 'Republican' problem, Mcrain... and the corporations will keep giving YOUR candidates millions of dollars.
     
  6. Rodimus Prime macrumors G4

    Rodimus Prime

    Joined:
    Oct 9, 2006
    #6
    really that is your thought. Sorry they will try to screw people no matter how it goes.

    If anything that money needs to be tighten and really they should have to pay it back.

    clearly you never read the article from Mcrain about how higher taxes can make things better. The mega rich do not pay their fair share. The middle class is the class that gets screwed on both ends. They do not make enough to screw the system but make to much to get help.
     
  7. Ugg macrumors 68000

    Ugg

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    Penryn
    #7
    5p, with statements like that it's almost impossible not to view you as some campy drama queen who struts around, hand on hips, squeaking out all your little homilies in a holier than thou tone. Which is all the more amazing when you claim to be disgusted with over the top, effeminate, gay men. Hmmmm, maybe I'm not so amazed after all......
     
  8. Gelfin macrumors 68020

    Gelfin

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    Location:
    Denver, CO
    #8
    This is why people laugh when you call Obama a socialist. Your criticisms are utterly inconsistent. Quite the contrary, Obama is continuing with disappointing consistency the economic policies invented and supported by your patron saint Reagan and his successors. You should be thrilled. You should be shouting to the heavens that by giving everybody's money to rich people we are "creating jobs" and "floating all boats." You should be sitting there taunting us that we were tricked into voting for somebody who acts economically as if he's on your team.

    As someone who was expecting some reform of the right's inverse Robin Hood policies, I have begun to fear that so much of the country has already been given away over the last thirty years that the President of the United States and Congress now officially appear on the Goldman Sachs org chart.
     
  9. satcomer macrumors 603

    satcomer

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    #9
    This just reminds me of old time Chicago Politics.
     
  10. joepunk macrumors 68030

    joepunk

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    a profane existence
    #10
    Now this is what I think of when Chicago Politics is mentioned. Not the news of the guy who was banned from the mayors race because some thought that he wasn't a living resident during the required time frame.
     
  11. mcrain thread starter macrumors 68000

    mcrain

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    #11
    I'm willing to admit that corporatism is a problem, which is why I support the political party that is TRYING to do something about it. The Democrats support reasonable regulation and oversight of corporations to curb fraud and abuse, the Democrats propose over Republican objection reforms to protect the American public, and the Democrats are the ones far more likely to support closing corporate tax loopholes and taxing corporations on their earnings.

    If you want a debate about abuses, and the problems of corporatism, I'm here. If you want a debate about the size of government, I'm here. But, what I have a problem with in debating you is that you don't seem to see the connection between the two debates.

    By the way, nice assumption. I never said that Democrats were not guilty of their fair share of stuff. I'm merely pointing out the Republican faults happen to allow billions of dollars to funnel into the hands of multinational corporations and the very wealthy.
     
  12. Sydde macrumors 68020

    Sydde

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    Aug 17, 2009
    #12
    Are you forgetting that 5P has been duped into believing that the tea parody is a grass-roots populist movement focused on making life better for all Americans, rich or poor.
     
  13. MacHamster68, Feb 17, 2011
    Last edited: Feb 18, 2011

    MacHamster68 macrumors 68040

    MacHamster68

    Joined:
    Sep 17, 2009
    #13
    who still believes in this world that the governments are getting elected by the people to serve the people , in reality its more like that the governments allow the people to believe they had elected them ....and that a government does what would be in the peoples interest and have you ever seen a government to take money from the rich? a fact is that governments around the world ask "how high" when the big multinational corporations say "jump" and democracy is a nice word that some countries in the world like to call themselves to fool people into the believe the governments would do something that's in the interest of the people :rolleyes:
     
  14. mcrain, Feb 18, 2011
    Last edited: Feb 18, 2011

    mcrain thread starter macrumors 68000

    mcrain

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    Illinois
    #14
    Who here thinks the Republicans plan on actually doing anything substantive on immigration, abortion, prayer in school, civil rights, flag burning, or any of the other 'wedge' issues that they use to drive voter turn-out? On the other hand, considering how well the current system allows for corporate abuses, corporate subsidies, massive CEO salaries, and benefits monied interests, does anyone see them advocating for changes to curb the, as FP puts it, the rampant corporatist problem? Who funds the GOP candidates? What interests do they want to protect? It certainly isn't part of the corporate charter of most corporations to take care of unborn babies or protect the American flag. Profits are the driving force, and you can see that in the laws that are either obstructed or pushed by the GOP. (On the other hand, the Democrats have their own monied interests to protect, however, an argument can be made that benefiting unions or public sector social programs has a larger overall benefit to the economy as a whole, as well as to a larger population of people. But, I'll admit that is at least a debatable question. Not much of a debate, but a debate nonetheless.)

    (edit) Evidence of GOP priorities.

    So, the agency that was created to protect consumers from commonly occuring fraud, abuse and future potential financial meltdowns, is now under attack.
     

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