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Thread: Welfare Queens? Welfare Kings Rule the Land

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    Welfare Queens? Welfare Kings Rule the Land

    Don

    "Since "welfare queens" and the idea of "givers versus takers" are the topic is "du jour" again, let's look at the forgotten takers: the "welfare kings" on the corporate side.
    Section 5010 of the U.S. tax code is a very interesting piece of federal law. Not to pick on my friends in the liquor industry, but we the taxpayers subsidize "flavored" liquors to the tune of $1.1 billion every 10 years. Think about it: when I turned 18 (yes I'm that old), I'd walk into a bar and there would be plain vodka, plain rum, plain gin, etc. Today, walk into a bar and there are thousands of flavors to be had. Why? Well because Section 5010 of the Internal Revenue Code gives distillers a "discount" for adding flavor. Makes sense right? Don't get me wrong. I love my citrus flavored vodka with club soda. It's refreshing but I'm not sure if it's $1.1 billion worth of refreshment in these tight times."

    "Or take the domestic sugar industry. Case in point: I hate Valentine's day but not for reasons you may think. It's a made-up holiday so people tell each other they love each other. That's ridiculous. So I'm forced to tell you I love you on this day or I'm in the doghouse? Um, not so much. If you have to be reminded to tell your loved on that you love them, then you pretty much suck anyway. This past V-Day, I was waiting in the green room for an appearance on MSNBC and I struck up a conversation with a representative from the candy industry. We were talking about this very issue of corporate subsidies and he told me this year, the U.S. government will buy back $80 million worth of sugar from the domestic sugar producers and store it in warehouses because prices didn't meet government targets. I really kind of like being single, independent, carefree but I'll be damned if I want my federal government propping up the domestic sugar industry so husbands across America can go buy crappy chocolate for their less-than-pleased spouses.
    Or take the domestic oil and gas industries. They make the liquor industry look destitute. We the taxpayers subsidize companies like Chevron, Exxon and Shell to the tune of $7 billion a year. This confuses me. This confuses most Americans.
    If you want to dive into the weeds on corporate subsidies, read this. It'll blow your mind."

    "While we're at it, let's look at America's small businesses. Every small business is allowed certain deductions, from business meals to gas or mileage to depreciation of computers. What is a deduction, really? It's taxpayer-subsidized welfare. Greedy small business owners!
    According to the Cato Institute, we the American people subsidize corporate America to the tune of more than $90 billion annually, while individual people on welfare only pull down around $59 billion. I like simple math. It's easy for me to understand. Corporations are getting the better end of that bargain but I don't hear Sen. Mitch McConnell and Reps. Jack Kingston and Bill Cassidy – the latest decriers of welfare – declaring a war on the corporate CEOs (who are actually driving real Cadillacs). The hypocrisy is staggering.
    Let me be clear: These provisions may be good policy. You're welcome to make that decision. My point is, if we are going to keep having a conversation about "welfare queens" then I'm going to wholeheartedly keep talking about the "welfare kings of industry." After all, giving is giving and taking is pure and simple taking.
    Oh, and I almost forgot: Here's a great interactive map where you can pinpoint current data on "welfare queens" by state and congressional district. And Congressman Kingston, you best be thankful that a majority of the kids in your district can't vote or you'd lose reelection."

    Don

    Obviously, there are two sides to the "Welfare" issue and only on side usually gets in the Mainstream Media.

    "Welfare Queens" on a local scale are wealth multipliers and the Bankster "Welfare Kings" stop the flow of the money.

    Could the bad "welfare queen" image be because they are powerless in the Mainstream Media?

    Why doesn't "welfare," subsidies to the rich trickle down, but the rich get richer?

    Actual dollar reveal Corporate America to be the larger "welfare queen," and does that trouble you?

    Does Corporate USA have too much political power and influences politicians to get these "wellie" benefits?

    Is the "welfare Queen" argument invented by Corporate USA to distract citizens from the higher dollar "Corporate Wellies?"


    Poll Question: Who is the Welfare Queen/Welfare King?

    1. Bag lady from Detroit.
    2. All those low income scumbag wellies.
    3. Carl Icahn.
    4. The Military/Industrial/Corporate complex.
    5. The Banksters.
    6. Big Pharma.
    7. Big Energy.
    8. Quicker Liquors.
    9. Big Corporate USA.
    10. Big Money.
    Last edited by DaveFagan; 12-26-13 at 10:59 AM. Reason: No poll

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    Re: Welfare Queens? Welfare Kings Rule the Land

    I don't know how to contact a moderator to get the poll questions attached as a poll. I screwed up and know it was because I went "back" when creating the post. If a mod reads this, I would appreciate the help. Thank you.

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    Re: Welfare Queens? Welfare Kings Rule the Land

    Poll Question: Who is the Welfare Queen/Welfare King?

    1. Bag lady from Detroit.
    2. All those low income scumbag wellies.
    3. Carl Icahn.
    4. The Military/Industrial/Corporate complex.
    5. The Banksters.
    6. Big Pharma.
    7. Big Energy.
    8. Quicker Liquors.
    9. Big Corporate USA.
    10. Big Money.[/QUOTE]

    ALL OF THE ABOVE.

    None of those people should be getting ANYTHING from the Government.

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    Re: Welfare Queens? Welfare Kings Rule the Land

    Typically...you have a problem with terminology. There is a world of difference between taking from others and giving it to someone for nothing and allowing people to keep and invest more of what they have actually earned. You DESPERATELY want to equate the two. Thats...sad.

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    Re: Welfare Queens? Welfare Kings Rule the Land

    Let's look at reality here. Both forms of "welfare" are the current "law of the land" and got to be so only by getting approval from the majority of our congress critters and being signed by the POTUS. Please include for each of these "horrible" welfare laws, exactly which congress critters voted for them - I will bet that many of them are still in power. You will also find bipartisan support for the vast majority (if not all) of these laws. Congress critters need massive amounts of campaign cash to maintain their positions of power, as well as the votes of the majority of we the sheeple. I also imagine that you, personally, have voted for those that supported the very same "welfare" laws that you now protest.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Welfare Queens? Welfare Kings Rule the Land

    Quote Originally Posted by VanceMack View Post
    Typically...you have a problem with terminology. There is a world of difference between taking from others and giving it to someone for nothing and allowing people to keep and invest more of what they have actually earned. You DESPERATELY want to equate the two. Thats...sad.
    I'm not talking about, nor is the article about, "earned" money. We are discussing subsidies and also called welfare. There are two types and you surely misunderstand the terminology. Some investing is a wealth multiplier and creates jobs, but Corporate Welfare is not.

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    Re: Welfare Queens? Welfare Kings Rule the Land

    Quote Originally Posted by Tigger View Post
    Poll Question: Who is the Welfare Queen/Welfare King?

    1. Bag lady from Detroit.
    2. All those low income scumbag wellies.
    3. Carl Icahn.
    4. The Military/Industrial/Corporate complex.
    5. The Banksters.
    6. Big Pharma.
    7. Big Energy.
    8. Quicker Liquors.
    9. Big Corporate USA.
    10. Big Money.
    ALL OF THE ABOVE.

    None of those people should be getting ANYTHING from the Government.[/QUOTE]

    You forgot one of the largest and most ridiculous ones:

    The database tracks $256 billion in farm subsidies from commodity, crop insurance, and disaster programs and $39 billion in conservation payments paid between 1995 and 2012.

    EWG Farm Subsidy Database

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    Re: Welfare Queens? Welfare Kings Rule the Land

    Quote Originally Posted by DaveFagan View Post
    I'm not talking about, nor is the article about, "earned" money. We are discussing subsidies and also called welfare. There are two types and you surely misunderstand the terminology. Some investing is a wealth multiplier and creates jobs, but Corporate Welfare is not.
    No...I didnt misunderstand the article, nor do I misunderstand you. Deductions are not welfare.

    Do you file taxes? Do you claim allowable deductions and exemptions? If so...why are you such a horrible scumbag welfare queen?

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    Re: Welfare Queens? Welfare Kings Rule the Land

    Quote Originally Posted by DaveFagan View Post
    Don

    "Since "welfare queens" and the idea of "givers versus takers" are the topic is "du jour" again, let's look at the forgotten takers: the "welfare kings" on the corporate side.
    Section 5010 of the U.S. tax code is a very interesting piece of federal law. Not to pick on my friends in the liquor industry, but we the taxpayers subsidize "flavored" liquors to the tune of $1.1 billion every 10 years. Think about it: when I turned 18 (yes I'm that old), I'd walk into a bar and there would be plain vodka, plain rum, plain gin, etc. Today, walk into a bar and there are thousands of flavors to be had. Why? Well because Section 5010 of the Internal Revenue Code gives distillers a "discount" for adding flavor. Makes sense right? Don't get me wrong. I love my citrus flavored vodka with club soda. It's refreshing but I'm not sure if it's $1.1 billion worth of refreshment in these tight times."

    "Or take the domestic sugar industry. Case in point: I hate Valentine's day but not for reasons you may think. It's a made-up holiday so people tell each other they love each other. That's ridiculous. So I'm forced to tell you I love you on this day or I'm in the doghouse? Um, not so much. If you have to be reminded to tell your loved on that you love them, then you pretty much suck anyway. This past V-Day, I was waiting in the green room for an appearance on MSNBC and I struck up a conversation with a representative from the candy industry. We were talking about this very issue of corporate subsidies and he told me this year, the U.S. government will buy back $80 million worth of sugar from the domestic sugar producers and store it in warehouses because prices didn't meet government targets. I really kind of like being single, independent, carefree but I'll be damned if I want my federal government propping up the domestic sugar industry so husbands across America can go buy crappy chocolate for their less-than-pleased spouses.
    Or take the domestic oil and gas industries. They make the liquor industry look destitute. We the taxpayers subsidize companies like Chevron, Exxon and Shell to the tune of $7 billion a year. This confuses me. This confuses most Americans.
    If you want to dive into the weeds on corporate subsidies, read this. It'll blow your mind."

    "While we're at it, let's look at America's small businesses. Every small business is allowed certain deductions, from business meals to gas or mileage to depreciation of computers. What is a deduction, really? It's taxpayer-subsidized welfare. Greedy small business owners!
    According to the Cato Institute, we the American people subsidize corporate America to the tune of more than $90 billion annually, while individual people on welfare only pull down around $59 billion. I like simple math. It's easy for me to understand. Corporations are getting the better end of that bargain but I don't hear Sen. Mitch McConnell and Reps. Jack Kingston and Bill Cassidy – the latest decriers of welfare – declaring a war on the corporate CEOs (who are actually driving real Cadillacs). The hypocrisy is staggering.
    Let me be clear: These provisions may be good policy. You're welcome to make that decision. My point is, if we are going to keep having a conversation about "welfare queens" then I'm going to wholeheartedly keep talking about the "welfare kings of industry." After all, giving is giving and taking is pure and simple taking.
    Oh, and I almost forgot: Here's a great interactive map where you can pinpoint current data on "welfare queens" by state and congressional district. And Congressman Kingston, you best be thankful that a majority of the kids in your district can't vote or you'd lose reelection."

    Don

    Obviously, there are two sides to the "Welfare" issue and only on side usually gets in the Mainstream Media.

    "Welfare Queens" on a local scale are wealth multipliers and the Bankster "Welfare Kings" stop the flow of the money.

    Could the bad "welfare queen" image be because they are powerless in the Mainstream Media?

    Why doesn't "welfare," subsidies to the rich trickle down, but the rich get richer?

    Actual dollar reveal Corporate America to be the larger "welfare queen," and does that trouble you?

    Does Corporate USA have too much political power and influences politicians to get these "wellie" benefits?

    Is the "welfare Queen" argument invented by Corporate USA to distract citizens from the higher dollar "Corporate Wellies?"


    Poll Question: Who is the Welfare Queen/Welfare King?

    1. Bag lady from Detroit.
    2. All those low income scumbag wellies.
    3. Carl Icahn.
    4. The Military/Industrial/Corporate complex.
    5. The Banksters.
    6. Big Pharma.
    7. Big Energy.
    8. Quicker Liquors.
    9. Big Corporate USA.
    10. Big Money.
    Excellent post, and only 8 replies, I just got off the other post on this same section, which I felt was idiotic, and it has 6 pages of replies. intelligent people need to team up and be more organized in getting their message across...

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    Re: Welfare Queens? Welfare Kings Rule the Land

    Quote Originally Posted by Rocketman View Post
    You forgot one of the largest and most ridiculous ones:

    The database tracks $256 billion in farm subsidies from commodity, crop insurance, and disaster programs and $39 billion in conservation payments paid between 1995 and 2012.
    I'm 100% in agreement on that as well. It is NOT the role of Government to ensure the outcomes of any personal or private business endeavour.

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