Corporate Welfare & Socialism

The bailouts from Congress and the Federal Reserve after the 2008 Meltdown consisted of trillions of dollars created out of thin air. This fiat cash infusion will result in the inflation we are sure to experience for the next several years. Estimates of this largesse range from $8 trillion to $30 trillion. The Fed is a creature of the bankers and socialists who created it in 1913 and the Fed has proven to be no friend of the dollar. The 1913 dollar is now worth 3 cents. Add that to our National Debt scheduled to hit $20 trillion in 2020 and our $80 trillion in unfunded liabilities for Social Security, Medicare, Medicaid, the new health insurance law and all the welfare and giveaway programs. The wealth of the entire U.S., including private property and investments is only $100 trillion. The entire value of government owned property is $7 trillion.

The Tax Code, Laws, Regulations and Subsidies are too generous to large companies. Their campaign contributions and lobbying investments are evidence of this. Laws and Regulations pick winners and losers. The Commerce department doles out dollars for U.S. companies to export product. Farm subsidies were enacted to help small family farmers during the dust bowl in the 1930s. Now, most family farms have been sold and these subsidies go to large agribusinesses.

The proposed Cap & Trade Bill is based on the climate change / global warming hoax. The government, environmentalists and energy companies have colluded to deliver themselves trillions as they plan to double and redouble our energy bills. They will push wind and solar, currently costing 10 cents/kwh each, vs. coal and nuclear costing 2 cents/kwh each. Take our your energy bills and multiply them by 5. These guys are crooks and this is a hoax.

Our public schools and our public and private universities are largely funded by tax dollars. Universities once operated on tuition dollars and alumni gifts and public schools operated from county property tax. Now they both operate largely from state and federal tax dollars. The worldview of education has shifted to the big government socialist model and that is the value system they teach.

Medicare was created to save the large companies from offering health insurance for retirees. All but the most arrogant large companies adopted that view and their retirees are now on Medicare. Hospitals once operated on small charges for room and board, medical care, lab fees and donations. Our 4% a year, built-in inflation has allowed all of these costs to expand. Intellectuals and crooks supported the dumping of tax dollars into medical care with the promise of cures. There have been no cures, just ever-more expensive treatments.

We are broke. We will be bankrupt soon, like Greece, but nobody will lend us money. We will need to reduce all government spending, including tax breaks, regulations and subsidies by 50%, to reset the economy. Half of all government employees will be laid off permanently. The Fed is now buying our Treasury Notes because there are no other buyers. The problem is that we citizens have nobody at the table to represent our position. The same government that got us in this dilemma will decide who gets to pay the price and who will be protected. They will protect themselves and we will pay the price.