Corporate welfare
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http://www.marketwatch.com/story/banks-got-direct-corporate-welfare-study-says-2011-04-26?reflink=MW_news_stmp[^] Not illegal of course but counter productive.
That's called seagull management (or sometimes pigeon management)... Fly in, flap your arms and squawk a lot, crap all over everything and fly out again... by _Damian S_
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http://www.marketwatch.com/story/banks-got-direct-corporate-welfare-study-says-2011-04-26?reflink=MW_news_stmp[^] Not illegal of course but counter productive.
That's called seagull management (or sometimes pigeon management)... Fly in, flap your arms and squawk a lot, crap all over everything and fly out again... by _Damian S_
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wolfbinary wrote:
but counter productive.
Not for the rich. They get richer. Unregulated capitalism at its finest.
true. i wasn't talking about them
That's called seagull management (or sometimes pigeon management)... Fly in, flap your arms and squawk a lot, crap all over everything and fly out again... by _Damian S_
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http://www.marketwatch.com/story/banks-got-direct-corporate-welfare-study-says-2011-04-26?reflink=MW_news_stmp[^] Not illegal of course but counter productive.
That's called seagull management (or sometimes pigeon management)... Fly in, flap your arms and squawk a lot, crap all over everything and fly out again... by _Damian S_
TARP was the Bernanke/Paulson/Geithner way of making absolutely sure that their buddies didn't have to sell their yachts. In return the banks and their senior employees made major contributions to the political war-chests of Obama, McCain, Reid, and Pelosi. Big Business/Big Government/Big Labor = America's aristocracy.
"Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, Give me Liberty, or give me Death!" ~ Patrick Henry, Republican and anti-Federalist
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TARP was the Bernanke/Paulson/Geithner way of making absolutely sure that their buddies didn't have to sell their yachts. In return the banks and their senior employees made major contributions to the political war-chests of Obama, McCain, Reid, and Pelosi. Big Business/Big Government/Big Labor = America's aristocracy.
"Is life so dear, or peace so sweet, as to be purchased at the price of chains and slavery? Forbid it, Almighty God! I know not what course others may take; but as for me, Give me Liberty, or give me Death!" ~ Patrick Henry, Republican and anti-Federalist
Oakman wrote:
Big Business/Big Government/Big Labor = America's aristocracy
Yep, cant say it better than that. Mind you we have inbred germans so dont complain too much. :) Its a funy thing though isnt it. I mean, there we are, for a thousand years, trying to arrive at a fair system through a democratic model, even going to the extent of setting up republics, killing kings, revoloutions, revolts, civil wars, century after century and the very best we acchieve (the US) ends up with an elite class that holds the entire country in its hands. Perhaps its time to bring back the enlightened despots. NB, one could argue that the US 'revooloution' (AKA English Civil War part deux) was actally about this elitist rulling class taking power from the inbred Germans, since it was fomented by Adams and other rich Boston traders who wanted to be richer, and thus nothing to do with the quest for democracy, in which case, you have all been had. :)
Dr D Evans "The whole idea that carbon dioxide is the main cause of the recent global warming is based on a guess that was proved false by empirical evidence during the 1990s" financialpost