View Poll Results: Are These Banks The New "WELFARE QUEENS?"

Voters
18. You may not vote on this poll
  • YES

    15 83.33%
  • NO

    2 11.11%
  • The POOR are the "WELFARE QUEENS."

    0 0%
  • BIG ENERGY is the "WELFARE QUEEN."

    9 50.00%
  • BIG PHARMA is the "WELFARE QUEEN."

    9 50.00%
Multiple Choice Poll.
Page 2 of 5 FirstFirst 1234 ... LastLast
Results 11 to 20 of 50

Thread: "Too Big To Fail" "Welfare Queens"

  1. #11
    Bring us a shrubbery!
    tessaesque's Avatar
    Join Date
    Apr 2011
    Location
    Plano, Texas
    Last Seen
    11-09-17 @ 06:18 PM
    Gender
    Lean
    Other
    Posts
    15,910

    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by DaveFagan View Post
    I ain't seen JPMorgan Chase spending any excess monies in my neighborhood.
    My only argument here is that, at least the crack "ho" with the 3 kids spends her money in the local economy to her dealer for Meth and her dealer for baby things. She's good for the local economy and JPMorganChase is not.
    She's spending money other people would have spent if it weren't taken away from them to give to her. She's rewarded for being a societal failure and others are punished for success. She's only "good" for the local economy because she's been artificially sustained on the backs of others who would have been good mostly on their own.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


  2. #12
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Today @ 02:10 AM
    Gender
    Lean
    Independent
    Posts
    54,618

    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by Ikari View Post
    Cronyism and Corporate Capitalism are pretty much the same thing. Free Market Capitalism would have let these banks suffer the consequences of their actions. But Corporate Capitalism will bail them out at the expense of the People.
    Calling it 'corporate capitalism' makes for a great rallying cry...but its not an accurate term. Calling for handouts to the poor because the banks "got theirs" also makes for wonderful populist rhetoric, but all that does is exacerbates the problem. To boot...it is also just plain wrong. The bank bailouts don't impact the poor. The poor aren't PAYING income taxes.

    Don't get me wrong...I agree completely that the bailouts were wrong. I felt that way when they were first promoting the bank bailouts. Dems and reps have both been in the banks and brokers pockets for so long they can build a home out of lint. Everyone played a role. I don't think we have the fiscal discipline to do what needs to be done. Long and short of it...we just keep building that debt pile higher and higher and when it starts to lean one way or the other we just keep propping it up. Eventually...something really really bad is going to happen and its going to make what we have recently faced look like a picnic.

  3. #13
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Today @ 02:10 AM
    Gender
    Lean
    Independent
    Posts
    54,618

    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by Fisher View Post
    The WH is funding the banks to inflate the capital markets to make it look there is a recovery when there is not. What you gain from it is homeowners see the value of their homes artificially lifted above what supply and demand would value them at in a free market.
    Its not 'the WH'...its both houses of congress and the WH and it has been going on for a looooooooong long time.

  4. #14
    Light△Bender

    grip's Avatar
    Join Date
    Dec 2011
    Location
    ☚ ☛
    Last Seen
    12-04-17 @ 04:12 AM
    Gender
    Lean
    Moderate
    Posts
    17,186
    Blog Entries
    2

    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by tessaesque View Post
    She's spending money other people would have spent if it weren't taken away from them to give to her. She's rewarded for being a societal failure and others are punished for success. She's only "good" for the local economy because she's been artificially sustained on the backs of others who would have been good mostly on their own.
    In her defense though she can make more from Welfare than in the market place because of low wages and extended gov assistance. By the time you pay for child care (expensive), fuel, lunches, work clothing and health insurance your wages are less than if you didn't work.
    Einstein, "science without religion is lame, religion without science is blind."

  5. #15
    Sage
    VanceMack's Avatar
    Join Date
    Feb 2010
    Last Seen
    Today @ 02:10 AM
    Gender
    Lean
    Independent
    Posts
    54,618

    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by grip View Post
    In her defense though she can make more from Welfare than in the market place because of low wages and extended gov assistance. By the time you pay for child care (expensive), fuel, lunches, work clothing and health insurance your wages are less than if you didn't work.
    How does ANY of that equate to 'my' problem...or 'your' problem'...or the governments problems? Or for that matter your grandkids problem since eventually they will be the ones stuck paying the debt. Perhaps if we weren't so eager to bail people out for hard problems they would be a little wiser about making life decisions.

  6. #16
    Sage

    Join Date
    May 2011
    Last Seen
    Today @ 12:56 AM
    Gender
    Lean
    Centrist
    Posts
    8,180

    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by DaveFagan View Post
    Senator Warren: Why Isn't Wall Street Paying Back Taxpayers For Being 'Too Big To Fail'? | ThinkProgress

    "WARREN: So I understand that we’re all trying to get to the end of “too big to fail.” But my question, Mr. chairman, is until we do, should those biggest financial institutions be repaying the American taxpayer that $83 billion subsidy that they are getting?…It is working like an insurance policy. Ordinary folks pay for homeowners insurance. Ordinary folks pay for car insurance. And these big financial institutions are getting cheaper borrowing to the tune of $83 billion in a single year simply because people believe that the government would step in and bail them out. And I’m just saying, if they are getting it, why shouldn’t they pay for it?"

    Senator Warren: Why Isn't Wall Street Paying Back Taxpayers For Being 'Too Big To Fail'? | ThinkProgress

    Why do we pay this?

    Is there something, or lots of things, we don't know about this?
    The banks are essentially part of our government. Banks are how money is created, and taxes are how money is destroyed.

    So consider these subsidies to be just another tax. The price we pay for this style of government we have. While we're at it, we should also start considering our health care expenditures to be a tax now too. The price we pay for to government for its broad promises that everyone will get treated.

    Is this "free money for the rich?
    Yes, in a sense, for the rich bankers, but that's how our monetary/banking system works.

    How can I get some? I'll spend mine locally.
    Hahahahahaha.
    Last edited by Neomalthusian; 02-27-13 at 01:15 PM.

  7. #17
    Bring us a shrubbery!
    tessaesque's Avatar
    Join Date
    Apr 2011
    Location
    Plano, Texas
    Last Seen
    11-09-17 @ 06:18 PM
    Gender
    Lean
    Other
    Posts
    15,910

    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by grip View Post
    In her defense though she can make more from Welfare than in the market place because of low wages and extended gov assistance. By the time you pay for child care (expensive), fuel, lunches, work clothing and health insurance your wages are less than if you didn't work.
    Which is part of the reason why I think welfare is intentionally designed to create and perpetuate dependence upon the government. The problem you mention could be easily overcome by creating a program that turns welfare recipients (largely high school drop-outs or (occasionally) graduates/GED earners w/no college education or marketable skills) into highly-skilled potential workers for in-demand fields....or a program that doesn't perpetually reward you for having children you can't afford by increasing benefits each time you pop one out.
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


  8. #18
    Banned
    Join Date
    Feb 2008
    Location
    Theoretical Physics Lab
    Last Seen
    01-06-15 @ 11:06 AM
    Gender
    Lean
    Libertarian - Right
    Posts
    25,120

    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by grip View Post
    In her defense though she can make more from Welfare than in the market place because of low wages and extended gov assistance. By the time you pay for child care (expensive), fuel, lunches, work clothing and health insurance your wages are less than if you didn't work.
    This is not a sign that wages are too low. It's a sign that assistance is too high.

    Assistance is supposed to be just that - assistance. It's not meant to be 100% of what you need, as much as you need. I remember the days when welfare, food stamps, etc. was designed to accentuate your income, not replace it. We need more of those days.

    I know all too well about "real" wages involved with people who work small-time jobs and qualify for assistance. I can understand why they may like it, but I'm arguing on behalf of the taxpayer I am, not the leech they are.

  9. #19
    Light△Bender

    grip's Avatar
    Join Date
    Dec 2011
    Location
    ☚ ☛
    Last Seen
    12-04-17 @ 04:12 AM
    Gender
    Lean
    Moderate
    Posts
    17,186
    Blog Entries
    2

    Re: "Too Big To Fail" "Welfare Queens"

    Quote Originally Posted by VanceMack View Post
    How does ANY of that equate to 'my' problem...or 'your' problem'...or the governments problems? Or for that matter your grandkids problem since eventually they will be the ones stuck paying the debt. Perhaps if we weren't so eager to bail people out for hard problems they would be a little wiser about making life decisions.
    It's your problem as long as you're a part of society, whether it affects you are not. You don't sound eager to help anybody but yourself.
    Einstein, "science without religion is lame, religion without science is blind."

  10. #20
    Sewer Rat
    Risky Thicket's Avatar
    Join Date
    Apr 2011
    Last Seen
    Today @ 04:54 AM
    Gender
    Lean
    Independent
    Posts
    23,802

    Re: "Too Big To Fail" "Welfare Queens"

    Regardless of your position on the subject you must admit that it is long, long, long overdue for this discussion in Washington. Bless Senator Warren. Neither party, nor their leaders had the balls to lead this discussion in earnest. The President of the United States damned sure didn't have the balls to lead this discussion, Wall Street sure as hell would never bring it up.

    What a breath of fresh air in Washington! Open government, voice of the people. Rock on, Ms. Warren!










    "When Faith preaches Hate, Blessed are the Doubters." - Amin Maalouf

    When trouble arises and things look bad, there is always one individual who perceives a solution and is willing to take command. Very often, that person is crazy. ~Dave Barry



Page 2 of 5 FirstFirst 1234 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •