Posted on 03/23/2011 4:19:34 AM PDT by Kaslin
"The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism ownership of government by an individual, by a group, or by any other controlling private power" FDR (and he would know ;-) )
crony capitalism
end all corporate and agricultural subsidies
If only Jack Welch was still heading up GE...this Immelt fool is just an idiot. I think he is putting his eggs in the wrong basket.
But if I recall my American History correctly, if it wasn't for 'Corporate Welfare', aka: Deal Making with the FedGov, the USA's westward expansion into 'Injun Country' never would have happened (Or occurred as fast as it did).
That said 'Corporate Welfare' I refer to was with those *evil* Railroad Barons. And where those *evil* Baron's tracks were laid, towns, people and families soon followed. Additional 'Corporate Welfare' for the *evil* RR Baron's gave us the First Transcontinental Railroad and the 'Golden Spike' - which ended the race between the Central Pacific and Union Pacific railroads.
So come on John. If your beef is with GE man-up and fricken say it. Don't hide behind an ambiguous 'Corporate Welfare' rant.
Regulatory capture is the objective.
A million here or there, whatever it takes.
Just so long as the spec our products.
That is very true and corporations go along with it because they think it make their competitors have to play by the same rules...[tho that isn’t working too well when the goods are coming from overseas, in some cases].
Plus, corporations, the larger ones anyway, don’t particularly care what the regulations etc cost anyone. They just shrug and point to government...and mark up the cost of complying.
when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you when you see corruption being rewarded and honesty becoming a self-sacrifice you may know that your society is doomed. Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot.
http://www.freerepublic.com/focus/f-news/2158115/posts
But if I recall my American History correctly, if it wasn’t for ‘Corporate Welfare’, aka: Deal Making with the FedGov, the USA’s westward expansion into ‘Injun Country’ never would have happened (Or occurred as fast as it did).
Thus, the “Corporate Welfare” aka Deal Making with the FedGov, led inexorably to even more government interference with the economy.
This happens all the time - government actions lead to bad outcomes that justify additional government actions. Current case in point: “Well meaning” politicians subsidize “green energy”, get critized because the promise of cheap clean energy is not realized, and pass legislation to demand power companies buy a quota of “green energy”, causing power rates to increase.
Whether it is ethonol, wildmills, solar, electric cars ... it is crony capitalism, where the government is picking winners and losers ... except that the taxpayers lose.
The end doesn’t justify the means. Taking people’s money and giving it to someone else is thievery.
You two are just the type of “conservative” this article was written to address.
That's a line. When sellers can't shove the tax to their buyers, they eat the tax out of their profits and their shareholders' returns -- they pay.
Signing up the public to pay business taxes directly and take full responsibility for that revenue handle has been a 40-year holy grail of the pigs at the trough.
IMHO, Corporations should be paying little or no taxes to the federal government.
Cant. Garbage. "IMHO you ought to be paying my property tax." -- How do you like that one? Hey, I got expenses!!
Clarity bump, bears repeating. Ayn Rand used to puke on ideas like that -- at book-length.
He did. He wrapped it around the Tim Carney quote, which pointed directly at GE and Immelt and said that GE is doing corporate welfarism under Immelt's guidance:
"General Electric is structuring their business around where government is going ... high-speed rail, solar, wind. GE is lining up to get what government is handing out."
Seems clear enough to me. You're just pissed at Stossel for calling out Fortune 500 companies that prefer to milk the public.
I’m going to DVR Stossel tomorrow.
March 24, 2011 10:54 AM UTC by John Stossel
FREELOADERS: A John Stossel Fox News Special (10PM ET This Friday)
Some Americans actually make a living begging for money. Professional panhandlers, theyre called, sometimes making more than $100 in a day. John Stossel tried it in Manhattan, and made over $11 in one hourthat would be $23,000 a yeartax free!
Its a small example of why some said that the USA is turning into a nation of freeloaders. The Manhattan Institutes Heather MacDonald says that beggars shes encountered have the most deep-seated sense of entitlement that Ive ever come across.
GE CEO: “We are all Democrats Now”
http://www.economicpolicyjournal.com/2009/11/ge-ceo-we-are-all-democrats-now.html
now I get what he meant! Charlie Rangel, Tim Geithner,
Tom Daschle...
but you'll never win in Iowa with that "meanspirited" talk.
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