Las Vegas Sun

April 15, 2014

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Letter to the editor:

Blind eye turned to corporate welfare

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Mitt Romney is only 50 percent on the mark when discussing citizen welfare.

He says, “We shouldn’t measure compassion by how many people are on welfare. We should measure compassion by how many people are able to get off welfare and get a good paying job.” There, he’s 100 percent right.

Now, since corporations are people, he never mentions corporate welfare and never says how many banks collected corporate welfare and are smiling and reaping the autumn harvest in the name of huge profits.

Maybe Romney thinks we should continue our compassion and measure corporate welfare by joining the U.S. Justice Department and silently keep letting bankers and robo signers from doing jail time for mortgage fraud and forgery.

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  1. "Compassion" is a word that seems to be thrown around freely without much regard to its true meaning:

    compassion - a feeling of deep sympathy and sorrow for another who is stricken with misfortune, accompanied by a strong desire to alleviate the suffering.

    So, does someone who is truly compassionate dismiss nearly half of us as parasitic moochers? Does someone who is compassionate say he prefers 50 million people to not have ready access to healthcare? Is a passion for business, instead of people, really compassion? Just askin'.

  2. Letter writer's criticism should be directed to President Obama and start with Jon S. Corzine, CEO of MF Global Holdings. Corzine was famous as a campaign contribution bundler for Obama and the democrats.

    CarmineD

  3. The premise is a good one. There should be no corporate "welfare." None! No bail outs. None! No subsidies. None! Quit propping up businesses, farmers, the "Arts," etal! Let them all sink or swim on their own! Quit taking our tax dollars and giving them to campaign contributors in the form of "crony capitalism" and do it now! Let the competitive market, and that means you & I, decide who stays in business and who falls by the wayside. Gee, what a concept! Wonder if its ever been done before? Only, of course, for the first 100+ years of the United States existence and, if I may say so, with a tweak here and a tweak there, it worked pretty well. Then the slime-bag politicians saw a way to buy votes and, Voila!, say bye to free enterprise and hello to a "managed" economy.

  4. "Maybe Romney thinks we should continue our compassion and measure corporate welfare by joining the U.S. Justice Department and silently keep letting bankers and robo signers from doing jail time for mortgage fraud and forgery."

    LaPorta -- everyone bailed out except the little guy, maybe because they can't buy the fat lobbyists for the fat lawmakers to make their fat deals. Notice how our AG has backed off these issues now that she has her own $57.4 million from that robo-signing fraud settlement? Yet justice for foreclosed homeowners who lost their homes isn't on her list!

    "Quit taking our tax dollars and giving them to campaign contributors in the form of "crony capitalism" and do it now!"

    lvfacts101 -- good point, but I can't see it happening with this Best Congress Money Can Buy

    "The regulators got bailed out, the middle class lose their jobs and their houses. All this desire to trust in the government to make sure that big corporations won't hurt them actually is a backfire on them." -- Rep. Ron Paul to Jon Stewart 9/26/11, citing the example of the real estate crash as example of government regulation gone bad

  5. B of A burned me for about 300k and I don't have a bail out. Nobody from a bank is going to jail they have better lawyers and they bought into Obama so are protected..

  6. Mr. Fritz I have lost about $250k in the financial meltdown so I feel your pain. I am left with SS in my old age. I never thought I would live my golden years broke!

  7. An easy comparison of where the candidates stand on key campaign issues:

    http://www.bbc.co.uk/news/world-us-canad...

    The defense dept budget is a good example of corporate welfare, but also consider the subsidies going to agribusiness and other corporate entities such as oil & gas.

  8. Mr. Teamster:

    In the spring I told you gas prices by election time would be $4 to $5 a gallon. I called it a land mine for the Obama reelection. You laughed and kow towed it. What do you think now?

    CarmineD

  9. I wasn't talking about California, Teamster. Gas prices are over $5 and $6 there. I'm talking about the $4-5 per gallon all over the USA.

    Land mine for Obama reelection. Just like Benghazi. Plus the biggest whopper ever made by Obama, even worse than the open mic with Medvedev, in Roanoke Va on July 13. "If you have a successful business, you didn't build that. Somebody else made that happen." I've been telling you about these land mines that Obama has to navigate. I said he can't and won't. And will make him a one term president. BTW what do those polls say that you like to quote?

    First debate was a game changer. The next debates will decide the election: For Romney.

    CarmineD

  10. Andrew, clear your brain. How is not confiscating so much of corporate profits welfare? Welfare is giving something to someone who did NOT earn it.