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The Rise Of The Welfare State
Zero Hedge ^ | 9-11-13 | Lance Roberts

Posted on 09/11/2013 3:52:47 PM PDT by RKBA Democrat

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To: RKBA Democrat
"After having been in the investing world for more than 25 years from private banking and investment management to private and venture capital; Lance has pretty much "been there and done that" at one point or another."

But has he produced anything that's useful?


21 posted on 09/11/2013 4:44:54 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: RKBA Democrat

No mystery there. The Hispanics on welfare/food stamps always have undeclared jobs on the side, such as running a small landscaping business. They pocket all that cash, but conveniently forget to mention it at the welfare office. Meanwhile, American recipients who fell on hard times and are honest about their income are routinely turned down because they’re the tiniest bit over the poverty line. The system is stacked against honest people.


22 posted on 09/11/2013 4:58:57 PM PDT by lbtbell
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To: RKBA Democrat

Most incomes are dependent on government debt/revenues (government employment, NGOs, contractors, services including financial, etc.). Even the agricultural industry is trying to use government to outlaw small farms. Energy might be one of the more independent private sector fields of work, but even that is closely linked with government in many ways. The last I saw figures, (couple of years ago), the whole food stamp program consumed nearly $100 billion from the yearly pile of debt (about 1/10th of the yearly deficit). Meanwhile, most government employees continue to have uninhibited labor unions (most of them without doing labor).


23 posted on 09/11/2013 5:02:36 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: RKBA Democrat

My grandma and parents were all full blown democrats. Why? Because in the fifties they could get government cheese. A guy in town would drive his pickup truck to the county seat to pick up “commodities” for several people in town. The people would give him some of the food. He’d then sell it. Fraud has been a part of welfare since it started.

And by the way, powdered milk and powdered eggs will gag a maggot.


24 posted on 09/11/2013 5:04:55 PM PDT by VerySadAmerican (".....Barrack, and the horse Mohammed rode in on.")
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To: RKBA Democrat

I think he may have made an incorrect assumption.

If a person has a lot of money in their wallet, yet they are buying groceries with food stamps, do you assume they are wealthy enough to buy their food with that cash?

What if they pay their rent with cash? And buy gasoline with cash? And pay for everything with cash? It is likely they do not have a credit card, or a bank account, and they are carrying around all the money they have in their wallet.

Lots of people, with many more joining their ranks, are now living on the cash economy. Whatever job they can get, they are paid in cash. Everything they buy they buy with cash. They do not have enough wealth to use “the system.”

People who have credit cards don’t as often carry that much cash in their wallets. It is in their bank accounts, their investments, etc.


25 posted on 09/11/2013 5:06:06 PM PDT by yefragetuwrabrumuy (The best War on Terror News is at rantburg.com)
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To: RKBA Democrat

Where are so many people finding work in the underground economy?


26 posted on 09/11/2013 5:12:16 PM PDT by tbw2
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To: RKBA Democrat

Great Article! Thanks!


27 posted on 09/11/2013 5:13:56 PM PDT by Graewoulf (Traitor John Roberts' Commune-Style Obama'care' violates U.S. Constitution AND Anti-Trust Law.)
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To: RKBA Democrat
However, as long as the current administration continues to push more support programs, bailouts and extensions of benefits; it simply makes it more profitable to stay at home and live off "government cheese."

I don't care about the excuses. It always must go back to the people and their lack of self respect. None of this sh!t would work if people had any self respect. They want to be slaves, they deserve to be slaves. I'm very angry about their desire to be effin worthless pieces of protoplasm at the expense of those have real value in life.

But as far as their unhappy lives and worthless, unfulfilling existence(s), I don't care. I have several in the extended family and I honestly don't give a damn what happens to any of them. They get nothing from me (us).

28 posted on 09/11/2013 5:26:49 PM PDT by ChildOfThe60s (If you can remember the 60s.....you weren't really there)
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To: tbw2

Running their own businesses on the side, doing day labor, working off the books jobs, crime, whatever. Not an easy life and not one I’d choose, but one that it would appear many people can survive on.


29 posted on 09/11/2013 5:33:16 PM PDT by RKBA Democrat (Power disintegrates when people withdraw their obedience and support)
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To: tbw2
"Where are so many people finding work in the underground economy?"


30 posted on 09/11/2013 6:10:01 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: tbw2
Sorry. Here's a resend.

"Where are so many people finding work in the underground economy?"

Probably doing jobs for state and local government employees.


31 posted on 09/11/2013 6:11:22 PM PDT by familyop (We Baby Boomers are croaking in an avalanche of corruption smelled around the planet.)
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To: RKBA Democrat

If one state like Louisiana,Texas, or a Southern State secedes then many Americans who love freedom, small government and self reliance will move to that seceded state. And many democrats would move out. then with the greater majority of self reliant people we would remove the welfare state which would send any remaining democrat and illegal fleeing to the liberal states where they can get welfare and a handout. That new state will with freedom and capitalism outshine all the remaining states that will descend into a a hell of socialism. It would be like Ayn Rand’s Galt’s Gulch. All that has to happen for this is for one state to do it. Knowing the courage and the love for freedom of the people here in Louisiana my bet is on Louisiana. Although I think Texas , Alabama and a few of the other Southern states are also great.


32 posted on 09/11/2013 6:25:55 PM PDT by Democrat_media (IRS rigged election for Obama and democrats by shutting down tea party)
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To: Responsibility2nd

Wow, good catch, I didn’t see it before your post.


33 posted on 09/11/2013 6:48:35 PM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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To: silverleaf
I understand that, but from a financial standpoint it doesn't really matter whether it's "welfare" as you've described it.

My point is that the government is bankrupt, to the point where even the taxpayers aren't on the hook for a big chunk of government expenditures.

34 posted on 09/11/2013 10:07:36 PM PDT by Alberta's Child ("I've never seen such a conclave of minstrels in my life.")
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To: RKBA Democrat

If you work and pay taxes, you are screwed.

If you work and pay taxes and voted for Obama, you are insane.

I know some insane people. I don’t understand how they can work and pay taxes and have voted for Obama.


35 posted on 09/12/2013 12:56:44 AM PDT by Freedom_Is_Not_Free (Free goodies for all -- Freedom for none.)
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To: Democrat_media

I generally disagree with the seceshers because I think they’re probably going to get themselves and a lot of other innocent people killed if their movement actually gets some legs. Take a look at what’s going on with Syria. The political powers that be are seriously considering allowing dear leader to start a war so he can save face. If they’re willing to consider that, imagine what they’d be willing to do if some movement, like secession, actually challenged their domination?

But I do agree that LA has a better chance of pulling it off than TX should it choose to go that way. TX has a problem in that it’s so large and has so much in the way of resources. It’s too big of a prize to allow it to get away. Also, the Odd Confederacy of Texas Seceshers tends to think of glorious Texas history instead of remembering that the ones with the biggest guns usually win. No state will get to secede unless the political powers that be decide it’s in their best interests to allow it.

That said, LA is less of a prize due to it’s smaller population and resource base. And let’s face it: it’s considered a redneck backwater by most of the elitists so they’re less inclined to want to hang onto it. And since LA doesn’t have the same history as TX, it might be able to take a more pragmatic approach over time. I’m still not a fan of secession, but I think the argument is more easily made in states like LA or AL or VT.


36 posted on 09/12/2013 2:18:42 AM PDT by RKBA Democrat (Power disintegrates when people withdraw their obedience and support)
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To: Responsibility2nd

> And what with Obamacare punishing employers who have no other recourse but to hire part timers and not full timers...

This is becoming the new norm. You will have to work two part-time jobs to get full pay because of the idiot in chief.


37 posted on 09/12/2013 5:49:57 AM PDT by jsanders2001
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To: silverleaf

First Social Security recipient - Ida May Fuller - paid $22 in FICA taxes over the course of her working life - collected $22,000 in Social Security payments.

She was a welfare recipient.


38 posted on 09/12/2013 5:56:35 AM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: lbtbell

> No mystery there. The Hispanics on welfare/food stamps always have undeclared jobs on the side, such as running a small landscaping business. They pocket all that cash, but conveniently forget to mention it at the welfare office. Meanwhile, American recipients who fell on hard times and are honest about their income are routinely turned down because they’re the tiniest bit over the poverty line. The system is stacked against honest people.

I’ve seen this so many times with my own eyes for years and know a Hispanic landscaper who pays no taxes, receives government assistance, and now owns two homes, a big landscaping truck that almost resembles an 18 wheeler, and his own personal truck which he paid for in cash. I think his first house is paid off, and is always packing a wallet that looks like its about to explode. I asked him how many lawns he cuts a day and he said it was around 20 and many if them are larger lots where he makes about $70 to cut so you do the math. I’d guesstimate anywhere from $1000 - $1200 a DAY. He typically works 5 - 6 days a week so I’m guessing he makes anywhere from 250K - 350K a year TAX FREE.

I know they work hard but it just ain’t right that people who earn much less than they do have to pay for benefits for people like that. This is not an isolated situation either its everywhere.


39 posted on 09/12/2013 6:09:09 AM PDT by jsanders2001
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