Enough about Wal-Mart, Lets Talk "Corporate Welfare"!

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"Corporate Welfare" is when the everybody, including the poor, are taxed to
a) Give money to corportations that already have plenty of money, so they can "compete" with the local brands in foreign companies.
b) Give money to help bail out some company that is too big and sluggish to compete and is on the verge of bankruptcy.
c) Give money to Oil Shieks/Weapons Dealers/Diamond Moguls as bribes.
d) Give money to other lame assholes so they (the lame assholes) can r strip-mine, log, drill for oil (or speculate on the stock market) without spending their own money.

Some Information
http://www.progress.org/banneker/cw.html
http://www.corporations.org/welfare/
http://www.commoncause.org/issue_agenda/corporate_welfare.htm
http://www.ccsi.com/~comcause/news/corwel.html
http://www.cato.org/pubs/handbook/hb105-9.html
(Fuck! When even the right wing pseudo-Libertarian knobshiners in the Cato Institute find this behaviour egregious...)
http://www.nader.org/releases/63099.html
(And of course, Ralph Nader weighs in.)
http://www.csun.edu/CommunicationStudies/ben/news/welf.html
http://www.cnn.com/ALLPOLITICS/time/1998/11/02/corp.welfare.html
http://www.free-market.net/directorybytopic/corporatewelfare/
http://www.mackinac.org/depts/ecodevo/article.asp?ID=5389

Your opinions, please.

― Lord Custos Omicron (Lord Custos Omicron), Tuesday, 9 December 2003 19:26 (twenty-one years ago)

what is wrong with you, do you hate AMERICA?

― anthony kyle monday (akmonday), Tuesday, 9 December 2003 19:38 (twenty-one years ago)

this talk is
http://images.amazon.com/images/P/0739304038.01.LZZZZZZZ.jpg

― Huckleberry Mann (Horace Mann), Tuesday, 9 December 2003 20:40 (twenty-one years ago)

Ann Coulter is the new Benedict Arnold.
Discuss.

― Lord Custos Omicron (Lord Custos Omicron), Wednesday, 10 December 2003 12:56 (twenty-one years ago)

Read by the author. Well that's a first. Usually these punters knock it out sight unseen.

But on the actual question. The idea of giving local companies grants to be competitive seems to be a bit of a paradox. However on the political scheme of things the balance is obviously being made on a number of fronts: ie
the amount of money that would be paid out if people were made unemployed
the amount of money lost from direct taxation of said previous taxpayers
corporation taxes
the value of keeping money in the country rather than seeing it go out via imports
(and possibly most importantly unfortunately)
political kudos.

― Pete (Pete), Wednesday, 10 December 2003 13:21 (twenty-one years ago)

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