Tuesday, April 17, 2012

corporate welfare

CORPORATE WELFARE
Since I’ve noticed a newish trend in the PrepperSphere lately of bemoaning the plight of the injured taxpayer and a propensity to blame the welfare bitches for it, I must once again talk about corporate/banker welfare.  I’m certainly no fan of the Welfare State.  I’ve always worked, and I’d like to see the same from every able bodied adult.  HOWEVER.  Blaming welfare bitches for any part of our current economic woes is targeting the wrong party.  Social Security and Medicare is responsible for a far larger portion of the federal budget than is Section Eight housing or Food Stamps.  Yes, yes, calm down grandpa.  I know you paid into it your whole life, so it isn’t welfare.  Of course, you only paid 2% of your wages into the retirement system, whereas today’s workers are jacked for 7%.  We won’t ever see a dime, so even though we paid in our whole lives, we are less equal than you and hence are not as special.  We can argue about Social Security all day, but for now let’s just say that even though you upheld your end of the bargain, the government did not.  They spent all your withheld wages and have no money to pay you.  Other than from my withholding and from borrowing more from the central bank.  I don’t blame you, even though you tend to get all irritated when I grumble about having to support you with nothing to look forward to in my own retirement.  If we fight amongst each other, young and old generation, we overlook the facts.  And that is the government is going to screw us both.  The young won’t see a dime, and the old will be killed off ( when they change Medicare to the new ObamaCare ) to help the system cope.  I’m not saying Social Security is welfare.  I’m saying that SS cost far more than welfare, so even if we abolished the Welfare State, our economic crisis would continue.
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Now, who really benefits from direct welfare, or indirect payments such as Social Security?  It is to a small degree the individual, but as a whole the corporations and the bankers are more of a beneficiary than the people.  Each person gets, whatever, $200 a month or $900 a month.  Business interests get millions, and the bankers get hundreds of millions.  Just because the collective amount mostly goes to the masses of citizens, that is the gross amount.  They keep almost nothing as a net gain.  It is a safety net, and none of us are arguing that is a bad thing ( although if we could go back to where we could keep our family farms and three generations could live on it in exchange for the Welfare State, that would be much better ).  What is bad is that it is in place to benefit the parasites rather than the needy.  A Senior spends all of his check on rent and food and utilities.  Granted, he gets to stay alive.  But the utility company, the energy company, the food conglomerates, etcetera, all get an indirect corporate welfare payment because of that Seniors check.  And the central bank loans them all the money to invest in those companies, and get paid interest on a loan that they created out of thin air.  And, don’t forget, the government gets at least half of their check amount back after all the hidden taxes are collected ( we are talking about all levels of government.  For instance, the city government gets a slice of each utility payment, so indirectly this is federal government welfare to the city government ). 
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Everybody is happy with this arrangement, because everybody is under the illusion that they are getting more than they ever paid in.  Until the economy contracts like it is doing now and everybody starts to see the Gravy Train derail.  Everybody is madly scrambling to screw each other over the shrinking pieces of pork pie.  It is a fight only the ruthless and strong will win, and bitches like you and me will lose.  Even AARP is turning on its dues paying members as it tries to become yet another insurance company with a license to hump its customers.  So stop crying about how some idiot living in a government paid apartment in the below sea level ghetto of New Orleans is bankrupting our country.  The powerful institutions are doing that.
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And speaking of corporations humping their customers, I have a new company to add to my “Asswhore List”.  Taco Bell.  I hated them for their stupid commercials ( “spend $2 in gas to buy a $1 burrito” “spend $100 in gas to try our new flavored taco shell” ), but I was still a customer.  Who cares if their ads were idiotic?  They aren’t the only ones burning a non-renewable resource to generate profit for themselves.  Most of us do the same.  I enjoyed the food as a several times a year treat.  Until recently.  The last time I ate there, it tasted awful.  But all corporations get two chances.  The first time might be a fluke or a one off event ( I owned two Subaru’s before I concluded I would never again buy their vehicle [ both died before a 100k miles- reports are they got better, but I won’t give them another chance to screw me ] ).  This time, the food messed with both our stomachs.  When I left for western Nevada to visit family we got lunch before we hit the highway.  And regretted it all day.  Screw Taco Bell.  I was a lifetime customer until this.  I used to place them on my short list of best fast food.  Now they are ranked at the bottom along with McDonalds.  Jack In The Box went to #1.  Their food is great, and affordable.  Of course, they are a west coast firm, so they are limited in availability ( none in Elko ).  Eating fast food used to be cheap.  Now it is dangerous.  And a rip-off.  I guess Wal-Mart isn’t the only one suffering from over expansion and too much debt ( and so is turning on its once loyal customers to survive ).  The implosion is sure interesting.
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7 comments:

  1. Sorry! This should have auto posted this morning. I didn't notice it hadn't until now.

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  2. Hows SS work you pay seven your employer pays seven and the self employed pay 14? That 7/7 split is just a shell game. The tax is 14%. My local greasy spoon has hamburgers better and cheaper that McBurgerScreams.

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  3. Jim said: "Each person gets, whatever, $200 a month or $900 a month".

    Wake the fuck up, Jimbo. The AVERAGE Social Security check is well over $1200 a month. That means that for every retired truck-stop waitress cashing a $285 check, there are rich fuckers cashing SS checks every month that run into the MANY THOUSANDS of dollars. The very people who don't at all need the money are the ones who are bankrupting the system. Fact.


    But here is something we can all do to help: common road-kill usually consists of skunk, possum, coon, squirrel, armadillo, etc. We need to add to the list: Baby Boomers.

    One Boomer road-kill means one less SS check every month! Gentlemen, start your engines.

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    Replies
    1. Death Race 2000 in real life. Don't neglect babies of yuppies (BOY) as they will most likely grow up to be just like their parents. Plus, they were worth the most points in DR2K.

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  4. Eh, Taco Bell still has a good point. If you're constipated, get some Taco Hell, and you'll be cleaned out, but good! Better than Ex-Lax.

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  5. Actually welfare is much bigger then you think. The money is distributed amongst 6 different cabinet level departments in about 2400 different programs. The federal government spends in excess of $1.2 trillion on welfare. SS on the other hand pays out about $800 billion a year and about $850 billion is paid into it (that is before Obama cut the amount of payroll tax so he could destroy the SS system) In addition since the mid 50's the federal government "borrowed" the surplus SS funds and now owes SS about $4 trillion. So in fact SS is solvent. But even if it got into financial trouble it could solve it by paying benefits in a manner consistent with generally approved accounting procedures. That would of course mean not paying people who never contributed to the system and paying those who had contributed proportionally to their contribution. We should end all forms of welfare it has caused more poverty then it ever cured.

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