This is pretty par for the course. The idea with these folks is that they are “doing well while they are doing “good.””
This is how much crony capitalism is justified in Washington DC.
At this point the only way these guys can get into any trouble with this stuff is if an interest directly hands a wad of hundred dollar bills to a politician while a reporter records the transaction. And even then.
One doesn’t have to be above the law if one can simply write the law to one’s (low) level.
Looks like people didn’t like that idea too much. I wonder why?
This is healthy. Americans are SUPPOSED to not like their government. That’s part of what makes us Americans and not say, Germans.
Sorry baby boomers but you are killing us. You enjoyed an economic rising tide for pretty much your whole lives (a tide which today’s young adults can’t even dream of) and, well, if you haven’t squared yourself away financially by now (I am speaking generationally here) I don’t have a whole lot of sympathy. The money is running out. Sorry. I’m not inclined to run my financial life and that of my country into the ground just because you’ve been “promised” a certain standard of living.
It sounds harsh, and perhaps in some ways it is. But you’ve gotten the breaks. You got to party. You guys divorced each other, did blow, and leveraged the country to meet your “needs.” Now my generation has to clean things up and put things in order, like adults.
The recent proposal from the president to have the middle class pay for community college for “everyone” (Largely by raising taxes on 529 plans. How stupid is that?) is little more than an attempt to buy votes from potential students who don’t know better and to reward a university industry which overwhelmingly supports the president.
Again it is the middle class, not the rich (as has been sold) which will pay for this.
Below is a not so modest proposal for a better way. It has some merit. This is not an endorsement, but it deserves thought. We certainly need to stop the academic gravy train in this country and government sponsored debt servitude.
Obama knows in the end who butters his bread. Obama loves him some corporations and he gave a nod to a few last night. But in the State of the Union Address the president failed to mention many of the other companies which have shown him favor and which his administration has smiled upon.
I’m cool with this. Sure the so called “safety net” has tons of fraud in it. Sure it often discourages people from being productive parts of society.These issues need to be addressed, and God willing they will be. But I think it’s pretty reasonable to say that taxpayers shouldn’t be paying one dime to corporations and that crony capitalism should be first on the chopping block.
Most farming in this country is done by massive agribusiness conglomerates. But there are still a few small farmers out there. There may be fewer however once Obamacare really takes hold.
Below is yet another example of how red tape and over regulation push small businesses over the edge while large businesses benefit from the increased complexity and cost of regs. In the medium run the big guys gain market share and keep upstart innovators in check. All thanks to government “solutions.”
It’s amazing but even now many people refuse to see this rather obvious fact. Government and big business like each other. For the most part they aren’t rivals. GM, Goldman Sachs, GE, Boeing, JPMorgan, Monsanto, Walmart, Chrysler, Berkshire Hathaway, Google, CVS, AT&T, Northrup Grumman and many other giant companies are partners (to a significant degree) with the US government.
Because that’s where the money is. Specifically taxpayer money.