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Thread: More Welfare for Wallstreet

  1. #9
    --Freedom Czar-- Fryster's Avatar
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    First Welfare for the lazy. (thanks FDR and LBJ. . .)

    And now Welfare for the unfortunate corporations.

    Take your lumps like men Wall Street. sheesh. . .
    Only a moral and virtuous people are capable of freedom; the more corrupt and vicious a people becomes, the more it has need of masters. -- Benjamin Franklin

  2. #10
    Whats it to ya? Finch's Avatar
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    First Welfare for the lazy.
    CURSE you disabled people in wheelchairs. All you do is sit around!
    that makes no logic

  3. #11
    Sundewist Dimka's Avatar
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    I know several people who receive welfare and subsidized apartments because they are poor... or rather officially they are poor (like they get a check at work for $160 a week, but in reality get around 20k a month deposited into a bank account not in their name, but to which they have access). From that money they buy themselves brand new homes or build palaces (seriously, those things have like 5 stories and are covered with marble and stuff), but officially it is in their relatives' names and the relatives live like in Europe or something and never even saw the house. What do they do with subsidized apartments? They rent it to people of course! Seriously, I know businessmen, even doctors who do that. I guess for some people money is all there is to life.
    And the rest of us decent working folks work our butts off and are not eligible for welfare and food stamps... in any case I'm not gonna leech off the government unless I absolutely must.
    It is hard to always be a human being... people get in the way.

    An education was a bit like a communicable sexual disease. It made you unsuitable for a lot of jobs and then you had the urge to pass it on.
    - Terry Pratchett

  4. #12
    scottychaos's Avatar
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    IMO, none of these "bailouts" are about bailing out the "fat cats"..
    they are about bailing out REGULAR PEOPLE! you and me..
    because if the Govt "bails out" the auto makers, people keep their jobs..
    same with banks and wall street...many thousands of jobs are at stake..

    I agree that ideally the government should not bail out ANYONE! ever!
    no buisness, no wall street, no individuals losing their homes to foreclosure, no auto makers..
    but we arent living in "ideal" times..

    and for me the question is..
    which would be worse?
    bailout or no bailout?

    I think NOT doing the bailouts would be far worse in the long run..
    yeah, the bailouts are a bad idea..but no bailouts is a WORSE idea..

    the bailouts are the lesser of two evils..

    I work at a big corporation..which has laid off 75% of its workforce over the last 10 years..
    my wife was one..im next.
    the odds are very high we will BOTH be unemployed within the next 6 months..
    which means selling the house, selling off half our possesions, renting a one bedroom apartment,
    and trying to get a job at starbucks at $8 an hour..IF they are hiring...which is unlikely.

    even though no govt bailout will save MY job..I understand how all the autoworkers must feel..
    the auto bailout would help the entire economy..which might help me find a new job..
    which means the auto bailout could maybe end up being good for my personal economy..

    If the auto companys crash and burn..we are all even MORE screwed that we are already..

    I dont like the bailouts either...but whats the alternative?
    we are all on the verge of being seriously screwed..
    the government is trying to do SOMTHING to prevent things getting worse..

    if you feel your job is stable, you are very lucky..
    and in the minority..


    Scot

  5. #13
    scottychaos's Avatar
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    Quote Originally Posted by Dimka View Post
    I know several people who receive welfare and subsidized apartments because they are poor... or rather officially they are poor (like they get a check at work for $160 a week, but in reality get around 20k a month deposited into a bank account not in their name, but to which they have access).
    oh please..
    people on welfare getting 20k a month??
    from where?
    who is giving them 20k a month?

    20k a month is a DOCTOR salary!
    thats 240k a year!

    I highly doubt there are companys willing to pay "Joe Welfare" $240,000 a year for his job, whatever it might be..
    it doesnt happen..

    Scot

  6. #14
    Sundewist Dimka's Avatar
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    Read my post again if you can't get it...
    It is hard to always be a human being... people get in the way.

    An education was a bit like a communicable sexual disease. It made you unsuitable for a lot of jobs and then you had the urge to pass it on.
    - Terry Pratchett

  7. #15
    scottychaos's Avatar
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    Quote Originally Posted by Dimka View Post
    Read my post again if you can't get it...

    I read it again..
    it still makes no sense..

    Scot

  8. #16
    Sundewist Dimka's Avatar
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    Ok.
    Suppose I am a CEO of a company that pays rent for its buildings in one month more than you make in a year (trust me on this one, unless you're a doctor) And my official salary is 100 a week. So even though I am the CEO, the company only makes enough to pay me this.
    Now another guy, who lives in another country (and just so happens is my relative/friend/someone I can completely trust) is doing very important work for the company, and receives 20k a month for it deposited into his bank account, which is here, and I am the other name on this account...
    So officially I am poor as kenny, but in reality...
    Another scenario: I make money, so I have to pay tens of thousands in taxes. What do I do? I open a non-profit organization in, say Florida, get tax exemption for it and vola! I donate my taxes to a charity of which I am the only member (or co-member with my family).
    I say I because it is easier than saying Mr. X. If I was doing this, I don't think I'd live in a tiny apartment on a 4th floor with no elevator and grow CPs in a shoe rack.
    Welcome to the world of money, where greed is the only rule.

    Or on the other hand, this scenario: I came to this country like a year ago, I don't even speak English, and the government generously gave me all the medical benefits, welfare, food stamps and an apartment in manhattan, or more commonly, brooklyn. My kids live here (also on welfare while working for cash), so I go on and live with them, while renting this apartment to other people. And I've not worked a day in this country (for check), I've never payed taxes here (because I work for cash), but I live on tax money of people who worked all their lives and have less than I do.
    This is true, believe me.
    People are leeching our money. If welfare was received only by need and deserve it, there would be billions floating around.
    It is hard to always be a human being... people get in the way.

    An education was a bit like a communicable sexual disease. It made you unsuitable for a lot of jobs and then you had the urge to pass it on.
    - Terry Pratchett

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