Corporate welfare = government taking money from your paycheck and handing it to corporations

Yeah that's right. The government literally steals money from you via force and intimidation and literally GIVES it to some of the worlds largest corporations in the form of subsidies and tax breaks.

Good thing your taxes go up every year right? I know these guys in congress really deserve those 245k a year pensions they are promised that's for sure.

Sizzle Dizzle

Two thirds of the $68 billion in federal tax credits and grants that were awarded between 2000 and 2015 went to 600 companies. There are companies that make decisions based on how much money they can get from the government to do so, and there are probably also companies out there that only exist because of the handouts they are getting from the government.

Meh it's only 68 billion. I am sure most of these companies are truly hurting for revenue. I know they don't have enough money by looking at the stock market. Apparently as I understand it all of the current DOW growth has a lot to do with stock buy backs.

Investopedia

A stock buyback, also known as a "share repurchase", is a company's buying back its shares from the marketplace. You can think of a buyback as a company investing in itself, or using its cash to buy its own shares. Read more: A Breakdown Of Stock Buybacks www.investopedia.com... Follow us: Investopedia on Facebook

Great. So all of these companies are using their massive liquid reserve that they have built up from paying the majority of the people working for them # wages essentially destroying local economies world wide.

www.guard.com..." target="_blank" class="postlink" rel="nofollow">Wolf is an idiot crony capitalist corrupt dbag

Guard was issued a $1,000,000 grant and 855,000 in job creation tax credits

Yup that's right. Berkshire Hathaway get's a multi million dollar deal from the state of Pennsylvania's already burdened tax payers as a bribe to keep their offices in this state. What a fricken joke.

All these giant corporations are so corrupt and everyone is so busy arguing over weather or not Trump drinks diet coke or pepsi.

Ugh.

originally posted by: toysforadults
Yeah that's right. The government literally steals money from you via force and intimidation and literally GIVES it to some of the worlds largest corporations in the form of subsidies and tax breaks.

Good thing your taxes go up every year right? I know these guys in congress really deserve those 245k a year pensions they are promised that's for sure.

Sizzle Dizzle

Two thirds of the $68 billion in federal tax credits and grants that were awarded between 2000 and 2015 went to 600 companies. There are companies that make decisions based on how much money they can get from the government to do so, and there are probably also companies out there that only exist because of the handouts they are getting from the government.

Meh it's only 68 billion. I am sure most of these companies are truly hurting for revenue. I know they don't have enough money by looking at the stock market. Apparently as I understand it all of the current DOW growth has a lot to do with stock buy backs.

Investopedia

A stock buyback, also known as a "share repurchase", is a company's buying back its shares from the marketplace. You can think of a buyback as a company investing in itself, or using its cash to buy its own shares. Read more: A Breakdown Of Stock Buybacks www.investopedia.com... Follow us: Investopedia on Facebook

Great. So all of these companies are using their massive liquid reserve that they have built up from paying the majority of the people working for them # wages essentially destroying local economies world wide.

www.guard.com..." target="_blank" class="postlink" rel="nofollow">Wolf is an idiot crony capitalist corrupt dbag

Guard was issued a $1,000,000 grant and 855,000 in job creation tax credits

Yup that's right. Berkshire Hathaway get's a multi million dollar deal from the state of Pennsylvania's already burdened tax payers as a bribe to keep their offices in this state. What a fricken joke.

All these giant corporations are so corrupt and everyone is so busy arguing over weather or not Trump drinks diet coke or pepsi.

Ugh.

The federal government should not be subsidizing or using the tax code for any business or industry, small or large, no matter how noble it may sound.

a reply to: toysforadults

Corporations want socialism for them and the free market to make profits.

a reply to: Edumakated

Exactly.

WTF is the government doing reverse robin hooding us like this for?

My appreciation and thanks to the member who used that analogy somewhere along the lines. I praise you and I would sacrifice a baby to you eternal glea at the next full moon if it may serve the greater good.

a reply to: seasonal

A free market would eliminate the regulatory system of laws that create corporations. Remember corporations are legal entities created by legislation.

So no, they don't want a free market at all they want fascism and that is what we got.

a reply to: SkeptiSchism

It's honestly my opinion that contract enforcement shouldn't even exist.

If you have a deal with someone and you get screwed over you will be far more careful about who you deal with in the future.

Your word will mean something again like it did in the past. That will enable a proper cultural reform as it should be to begin with.

a reply to: SkeptiSchism

Very true, we have been told we have a free market. That of course is a lie.

a reply to: toysforadults

Do you mean contract law? IMO that is the only justifiable reason for governments to exist, to enforce contracts. Contracts between individuals or companies are the bedrock of any economy, agreements. They are legally binding and the government needs to arbitrate for contract disputes.

But laws creating corporate bodies are not necessary at all, they just create tax loopholes and then barriers to entry for smaller businesses.

a reply to: SkeptiSchism

I don't think that contract enforcement is the bedrock of our economy.

I think it is a risk mitigation technique that the government uses to enforce it's own rules create through regulation.

Without contract enforcement what we have is 2 free individuals engaging in a relationship on their own terms freely without government interference.

If someone screws you you won't do business with them again and in kind you will be very careful about who you do business with in the future.

That will create a society of intelligent honest thinkers who value trust worthiness and a population forced to think about taking their own risks therefor forcing them into a position of actually having to think.

Organized crime runs the government. Corporations ARE the government.

www.youtube.com...

What are you going to do as long as people love voting for rich roster sucklers!

a reply to: SkeptiSchism

"Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power." Benito Mussolini

originally posted by: toysforadults
a reply to: SkeptiSchism

I don't think that contract enforcement is the bedrock of our economy.

I think it is a risk mitigation technique that the government uses to enforce it's own rules create through regulation.

Without contract enforcement what we have is 2 free individuals engaging in a relationship on their own terms freely without government interference.

If someone screws you you won't do business with them again and in kind you will be very careful about who you do business with in the future.

That will create a society of intelligent honest thinkers who value trust worthiness and a population forced to think about taking their own risks therefor forcing them into a position of actually having to think.

It is a is big part of it... contracts, intellectual property, property rights, etc are all reasons why western economies flourish. Laissez-Faire (buyer beware) sounds good in theory, but it is not practical for complex economies.

a reply to: Edumakated

complex economies

maybe this is one of the problems

originally posted by: toysforadults
a reply to: Edumakated

complex economies

maybe this is one of the problems

Not really... a complex economy is what gives western economies our high standard of living. You need enforceable contracts up and down a supply chain. You need your intellectual property protected (see China). We've moved way past bartering for goats in the town market.

Yes, it would be nice if everyone could do business with a handshake and your word was bond, but that is not reality.

originally posted by: SkeptiSchism
a reply to: seasonal

A free market would eliminate the regulatory system of laws that create corporations. Remember corporations are legal entities created by legislation.

So no, they don't want a free market at all they want fascism and that is what we got.

A free market and a corporation have nothing to do with each other. You can have a free market with corporations. A free market just means that business transactions are not encumbered by government interference.

There is no complex economy that is a 100% free market, but the fewer the regulations the better.

That $1 million dollars Fusion GPS got for that trash dossier sure was corporate welfare.

originally posted by: Edumakated

originally posted by: SkeptiSchism
a reply to: seasonal

A free market would eliminate the regulatory system of laws that create corporations. Remember corporations are legal entities created by legislation.

So no, they don't want a free market at all they want fascism and that is what we got.

A free market and a corporation have nothing to do with each other. You can have a free market with corporations. A free market just means that business transactions are not encumbered by government interference.

There is no complex economy that is a 100% free market, but the fewer the regulations the better.

There is much government interference, thus no free market.

Everything you know is a lie. Not being negative either. Just saying you clearly have never been in the know of how it all works.

originally posted by: seasonal
a reply to: toysforadults

Corporations want socialism for them and the free market to make profits.

After all, corporations are people tooo...

/sarc

ETA: The largest single gubment welfare payout to banks in 2008, interest and tax free... or else!

originally posted by: toysforadults
Yeah that's right. The government literally steals money from you via force and intimidation and literally GIVES it to some of the worlds largest corporations in the form of subsidies and tax breaks.

Good thing your taxes go up every year right? I know these guys in congress really deserve those 245k a year pensions they are promised that's for sure.

Sizzle Dizzle

Two thirds of the $68 billion in federal tax credits and grants that were awarded between 2000 and 2015 went to 600 companies. There are companies that make decisions based on how much money they can get from the government to do so, and there are probably also companies out there that only exist because of the handouts they are getting from the government.

Meh it's only 68 billion. I am sure most of these companies are truly hurting for revenue. I know they don't have enough money by looking at the stock market. Apparently as I understand it all of the current DOW growth has a lot to do with stock buy backs.

Investopedia

A stock buyback, also known as a "share repurchase", is a company's buying back its shares from the marketplace. You can think of a buyback as a company investing in itself, or using its cash to buy its own shares. Read more: A Breakdown Of Stock Buybacks www.investopedia.com... Follow us: Investopedia on Facebook

Great. So all of these companies are using their massive liquid reserve that they have built up from paying the majority of the people working for them # wages essentially destroying local economies world wide.

www.guard.com..." target="_blank" class="postlink" rel="nofollow">Wolf is an idiot crony capitalist corrupt dbag

Guard was issued a $1,000,000 grant and 855,000 in job creation tax credits

Yup that's right. Berkshire Hathaway get's a multi million dollar deal from the state of Pennsylvania's already burdened tax payers as a bribe to keep their offices in this state. What a fricken joke.

All these giant corporations are so corrupt and everyone is so busy arguing over weather or not Trump drinks diet coke or pepsi.

Ugh.

Berkshire Hathaway. i had never heard of them until 6 months ago. practically overnight they took over half the rental properties and houses on the islands here and in town. there are crap tons of expensive, empty houses around here. they rent them out by the week now, to a-hole vacationers sometimes 15 to 20 of them at a time and they park thier cars and trucks in the locals yard and genearlly f~ s~ up. so this company went broke, sucked the gubment teat that WE pay for, then took the money and came down here and bought up half my town with it and made the place suck!?! i'm bout to knut the f₩€# up!!

Faceless corporations that have legal protections as "persons" as if they're human beings. And that's the 1800's era threshold level. Their power beyond people has only grown ever more insurmountable in comparison....