Why Should Taxpayers Give Big Banks $83 Billion a Year? - GoFuckYourself.com

BFT3K · 02-21-2013, 11:38 PM

"So what if we told you that, by our calculations, the largest U.S. banks aren?t really profitable at all? What if the billions of dollars they allegedly earn for their shareholders were almost entirely a gift from U.S. taxpayers?" ~ Bloomberg News Editors

http://www.bloomberg.com/news/2013-0...n-a-year-.html

purecane · 02-22-2013, 05:50 AM

that's the first time I've heard about "corporate welfare". it's pretty sad, people bitch all day cause shaniqua gets 600$ a month in food stamps but these greedy bastards get leer jets, limousines and champagne.

slapass · 02-22-2013, 06:00 AM

You did see that it was the market giving them the extra profit based on the perceived backing of the US taxpayer. It did not come out of your pocket or paycheck.

sperbonzo · 02-22-2013, 08:24 AM

There should be no bailout of any private business with public monies.

Ever.

Period.

.

purecane · 02-22-2013, 08:29 AM

Quote:

Originally Posted by sperbonzo

There should be no bailout of any private business with public monies.

Ever.

Period.

.

thanx mike....i never said it was MY money.

_Richard_ · 02-22-2013, 11:05 AM

Quote:

Originally Posted by purecane73

that's the first time I've heard about "corporate welfare". it's pretty sad, people bitch all day cause shaniqua gets 600$ a month in food stamps but these greedy bastards get leer jets, limousines and champagne.

first time? it's pretty intense the scam thats going on

Heath · 02-22-2013, 11:10 AM

Why should we give even more to green energy firms that end up going bankrupt then being bought by the Chinese for a much lower price?

We've given FAR more to green energy firms, aka liberal allies then banks. The only difference is they never work and taxpayers never get their money back. Nor do they actually provide any services to the public since they are generally experimental, not actually working.

HushMoney · 02-22-2013, 12:44 PM

Quote:

Originally Posted by Populace

Why should we give even more to green energy firms that end up going bankrupt then being bought by the Chinese for a much lower price?

We've given FAR more to green energy firms, aka liberal allies then banks. The only difference is they never work and taxpayers never get their money back. Nor do they actually provide any services to the public since they are generally experimental, not actually working.

We give more than $83 billion in yearly subsidies to green energy firms? Do you have proof of that?

crockett · 02-22-2013, 02:17 PM

Quote:

Originally Posted by purecane73

that's the first time I've heard about "corporate welfare". it's pretty sad, people bitch all day cause shaniqua gets 600$ a month in food stamps but these greedy bastards get leer jets, limousines and champagne.

Umm corporate welfare has gone on a long time.. Companies like GE pay no taxes and oil companies like Exxon rake in millions of govt subsidies while making record profits.

Google Expert · 02-22-2013, 02:20 PM

Quote:

Originally Posted by HushMoney

We give more than $83 billion in yearly subsidies to green energy firms? Do you have proof of that?

proof or ban

JFK · 02-22-2013, 02:26 PM

Quote:

Originally Posted by M.A+

proof or ban

pornguy · 02-22-2013, 03:02 PM

If you think thats the only money trick going on, your wrong

BigChad · 02-22-2013, 05:06 PM

Quote:

Originally Posted by purecane73

that's the first time I've heard about "corporate welfare". it's pretty sad, people bitch all day cause shaniqua gets 600$ a month in food stamps but these greedy bastards get leer jets, limousines and champagne.

1 Shaniqua isn't a problem.. millions of Shaniqua's with 5 chillrens that will be doing the same thing = a huge problem.. and it's finally catching up. The new scam now is not only food stamps and welfare, it's also disability and claming adhd on your children for an extra 500 a month a head. In Florida it's nothing but perfectly health black people jumping out of a car sitting in a handicap spot to run into mcdonalds.

Nikki_Licks · 02-22-2013, 05:15 PM

Quote:

Originally Posted by sperbonzo

There should be no bailout of any private business with public monies.

Ever.

Period.

.

Exactly!!!!

If they can't make it, then let them fail.....

purecane · 02-22-2013, 09:13 PM

i was being sarcastic because i don't like that description of what is going on. it is corporate theft by means of government fraud. you are right about one thing though, it has all gotten way out of hand.

DTK · 02-22-2013, 09:15 PM

Quote:

Originally Posted by Populace

We've given FAR more to green energy firms, aka liberal allies then banks.

Post proof or remove head from ass.

DTK · 02-22-2013, 09:29 PM

Huge corporations in every sector get massive corporate welfare. Did ya'll know that the 10 most profitable companies paid an average of 9% in taxes in 2011?

Sure, they're taking advantage of the tax rules, but here's the part you never hear about: they spend huge amounts of money on bribes, oops I mean lobbying and campaign contributions, to modify the tax code in their favor.

Corporatism aka fascism FTW

DTK · 02-22-2013, 09:45 PM

Quote:

Originally Posted by Populace

We've given FAR more to green energy firms, aka liberal allies then banks.

Quote:

Originally Posted by DTK

Post proof or remove head from ass.

Actually, just remove head from ass. Apparently you're unaware of the fact that the banks were given $700+ billion in the bailout, no strings attached

SilentKnight · 02-23-2013, 07:36 AM

Quote:

Originally Posted by Populace

We've given FAR more to green energy firms, aka liberal allies then banks.

Really?!

I'd really like you to show me how that works.

arock10 · 02-23-2013, 07:55 AM

Quote:

Originally Posted by Populace

Why should we give even more to green energy firms that end up going bankrupt then being bought by the Chinese for a much lower price?

We've given FAR more to green energy firms, aka liberal allies then banks. The only difference is they never work and taxpayers never get their money back. Nor do they actually provide any services to the public since they are generally experimental, not actually working.

You don't think the Chinese government heavily subsidized their own green companies? They subsidize the fuck out of all of their industries

Vendzilla · 02-23-2013, 08:49 AM

Facebook got a 429 million dollar refund. A 1 billion dollar tax break?
They made more than 1 billion last year.

BFT3K · 02-23-2013, 06:27 PM

mozadek · 02-23-2013, 10:06 PM

Corporate welfare is okay, not social welfare. Sheniqua aint creating thousands of jobs.

BFT3K · 02-24-2013, 10:19 AM

Quote:

Originally Posted by mozadek

Corporate welfare is okay, not social welfare. Sheniqua aint creating thousands of jobs.

Corporations have been making record profits, but they are not hiring more US workers to do so, and they are not raising the salaries for the ones they do hire.

Sheniqua spends every penny she gets, which in turn supports small businesses, as well as the larger corporations.

Without the Sheniquas in the mix, the economy shrinks. Even the big corporations suffer. They are left to wonder where the customers are, and in turn lay even more workers off to maintain profitability.

Here's a headline form just a couple of days ago...

http://www.thedailybeast.com/article...with-them.html

02-21-2013, 11:38 PM	#1
BFT3K Too lazy to set a custom title Industry Role: Join Date: Dec 2005 Location: Narnia Posts: 10,764	Why Should Taxpayers Give Big Banks $83 Billion a Year? "So what if we told you that, by our calculations, the largest U.S. banks aren?t really profitable at all? What if the billions of dollars they allegedly earn for their shareholders were almost entirely a gift from U.S. taxpayers?" ~ Bloomberg News Editors http://www.bloomberg.com/news/2013-0...n-a-year-.html

02-22-2013, 05:50 AM	#2
purecane Annakin Skywalker Industry Role: Join Date: Jan 2013 Location: megaminds' secret lair Posts: 1,324	that's the first time I've heard about "corporate welfare". it's pretty sad, people bitch all day cause shaniqua gets 600$ a month in food stamps but these greedy bastards get leer jets, limousines and champagne. __________________ [email protected]

02-22-2013, 08:24 AM	#4
sperbonzo I'd rather be on my boat. Industry Role: Join Date: May 2003 Location: Miami, FL Posts: 9,748	There should be no bailout of any private business with public monies. Ever. Period. . __________________ Michael Sperber / Acella Financial LLC/ Online Payment Processing [email protected] / http://Acellafinancial.com/ ICQ 177961090 / Tel +1 909 NET BILL / Skype msperber

02-22-2013, 11:10 AM	#7
Heath Confirmed User Join Date: Sep 2008 Posts: 491	Why should we give even more to green energy firms that end up going bankrupt then being bought by the Chinese for a much lower price? We've given FAR more to green energy firms, aka liberal allies then banks. The only difference is they never work and taxpayers never get their money back. Nor do they actually provide any services to the public since they are generally experimental, not actually working. __________________ Email - popuplace [at] yahoo [dot] com

02-22-2013, 03:02 PM	#12
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	If you think thats the only money trick going on, your wrong __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

02-22-2013, 06:00 AM	#3
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,625	You did see that it was the market giving them the extra profit based on the perceived backing of the US taxpayer. It did not come out of your pocket or paycheck.

02-22-2013, 09:13 PM	#15
purecane Annakin Skywalker Industry Role: Join Date: Jan 2013 Location: megaminds' secret lair Posts: 1,324	i was being sarcastic because i don't like that description of what is going on. it is corporate theft by means of government fraud. you are right about one thing though, it has all gotten way out of hand. __________________ [email protected]

02-22-2013, 09:29 PM	#17
DTK Confirmed User Industry Role: Join Date: Feb 2002 Location: The 510 Posts: 4,545	Huge corporations in every sector get massive corporate welfare. Did ya'll know that the 10 most profitable companies paid an average of 9% in taxes in 2011? Sure, they're taking advantage of the tax rules, but here's the part you never hear about: they spend huge amounts of money on bribes, oops I mean lobbying and campaign contributions, to modify the tax code in their favor. Corporatism aka fascism FTW __________________ Arguing whether the Democratic or Republican party is better is like debating which steaming pile of shit is slightly less stinky. Last edited by DTK; 02-22-2013 at 09:32 PM..

02-23-2013, 08:49 AM	#21
Vendzilla Biker Gnome Industry Role: Join Date: Mar 2004 Location: cell#324 Posts: 23,200	Facebook got a 429 million dollar refund. A 1 billion dollar tax break? They made more than 1 billion last year. __________________ Webair died? Carbon is not the problem, it makes up 0.041% of our atmosphere , 95% of that is from Volcanos and decomposing plants and stuff. So people in the US are responsible for 13% of the carbon in the atmosphere which 95% is not from Humans, like cars and trucks and stuff and they want to spend trillions to fix it while Solar Panel plants are powered by coal plants think about that

02-23-2013, 06:27 PM	#22
BFT3K Too lazy to set a custom title Industry Role: Join Date: Dec 2005 Location: Narnia Posts: 10,764

02-23-2013, 10:06 PM	#23
mozadek Confirmed User Join Date: Feb 2008 Posts: 1,325	Corporate welfare is okay, not social welfare. Sheniqua aint creating thousands of jobs.