Billionaire New York Mayor Michael Bloomberg’s magazine is warning of “radical legislators” and saying we must fear the debt ceiling debate, namely an unwillingness to raise it.
Here’s some things to ponder: Why is there no call to fear deficit spending which has been chronic in the Obama administration? The U.S. budget last year was $3.8 trillion. According to the Treasury Department interest expense on outstanding debt was $359.8 billion. How much of that money does Mr. Bloomberg, who is the 13th richest person in the world, get? His friends? If deficit spending continues will they get more money?
The reason the big money is upset about not raising the ceiling is because they are huge recipients of corporate welfare and what the govt' to keep the spending going regardless of the consequences.
North American Lambada Dance Champion 1988, 1989, 1991.
The reason the big money is upset about not raising the ceiling is because they are huge recipients of corporate welfare and what the govt' to keep the spending going regardless of the consequences.
OK so what's "corporate welfare"?
The bureaucracy: the new fourth branch of government. The bureaucracy is permanent, unaccountable, unelected and choking us like a weed. The bureaucrat exists, generating nothing of value, using perceived problems to justify his existence.
The reason the big money is upset about not raising the ceiling is because they are huge recipients of corporate welfare and what the govt' to keep the spending going regardless of the consequences.
OK so what's "corporate welfare"?
Think in terms of crony capitalism.
Corporate welfare includes all types of governmental actions that favor the "cronies" (big businesses and industry lobby groups providing the bulk of political campaign contributions), including, but not limited to money grants, tax breaks, or other special favorable treatment on corporations or selected corporations (such as access to a restricted market).,
Banks that are designated 'too big to fail' are one example. Another is HR 933 that insulates GMO foods (Monsanto) from liability by effectively barring federal courts from being able to halt the sale or planting of controversial genetically modified (aka GMO) or genetically engineered (GE) seeds, no matter what health issues may arise concerning GMOs in the future [ http://www.ibtimes.com/monsanto-protecti...ovision-1156079 ]
A less obvious form of corporate welfare are the various programs that subsidize low wage workers for corporations.
The reason the big money is upset about not raising the ceiling is because they are huge recipients of corporate welfare and what the govt' to keep the spending going regardless of the consequences.
OK so what's "corporate welfare"?
Mandatory health insurance pops to my mind right off the bat.
Why is democracy held in such high esteem when it’s the enemy of the minority and makes all rights relative to the dictates of the majority? (Ron Paul,2012)
The reason the big money is upset about not raising the ceiling is because they are huge recipients of corporate welfare and what the govt' to keep the spending going regardless of the consequences.
OK so what's "corporate welfare"?
Mandatory health insurance pops to my mind right off the bat.
RIGHT'S RIGHT 
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Mon Oct 07, 2013 10:46 am
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