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fightforfreedom

(4,913 posts)
Wed Jan 26, 2022, 11:06 AM Jan 2022

Taking care of corporations, the rich is the real socialism in America. It's the Big Con.

Whenever we try to put seniors, the poor, children ahead of the corporations, the rich. They and their Republican puppets in congress scream socialism.

The Republican voters have fell for this con job for forty years. Idiots.

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Taking care of corporations, the rich is the real socialism in America. It's the Big Con. (Original Post) fightforfreedom Jan 2022 OP
It's interesting that public utilities used to be considered socialist Buckeyeblue Jan 2022 #1
Every Time The Stock Market Crashes modrepub Jan 2022 #2

Buckeyeblue

(5,499 posts)
1. It's interesting that public utilities used to be considered socialist
Wed Jan 26, 2022, 11:46 AM
Jan 2022

I don't think it's bad that the government helps corporations. But I think more needs to be done to eliminate poverty. And honestly it would be in the best interest of corporate America to do so.

I think the covid stimulus checks have demonstrated how positive such distributions are for our economy. I actually think the so called labor shortage is a good thing. I think small business owners who are jerks (and from my experience many of them are) have had to rethink how they treat their employees.

I think we need to come up with a formula that encourages work but guarantees a certain level of income. I think employers who pay meets this guaranteed level should be rewarded.

We also need to stabilize social security by increasing the salary cap that people contribute under.

modrepub

(3,487 posts)
2. Every Time The Stock Market Crashes
Wed Jan 26, 2022, 01:51 PM
Jan 2022

The government is expected to bail corporations out since a systemic "crash" would hurt everyone. It would be nice if every time the government is asked to help a corporate entity from going under, the CEO and Board of Directors would forfeit their salary/bonuses, be given a cardboard box and asked to vacate their office by 5 o'clock.

There's way too much Moral Hazard in America; privatize the profits and socialize the losses. It would be nice if the corporate elites would suffer the same fate as their frontline work force (including being run out when they turn 55). I can dream I guess.

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