Should US tax dollars support obsecenely profitable private companies?

Question

In 2005 Goldman Sachs turned a $5.6B profit yet the Senate chose to give them a $25M grant and a $1.65B bond. Which New York senator was at the forefront of that governmental largess, all on the tax payers nickel?

Is fascist corporatism the next phase of American degeneration?

corruption at it's finest
www.humanevents.com/article.php?id=18448
www.freerepublic.com/focus/f-news/1718768/posts
www.hillaryproject.com/index.php?/shadedgrey/top_10_questions_hillary_clinton_should_answer
www.hillaryclintonfiles.com/?m=200612
www.politicalfriendster.com/showPerson.php?id=308&name=Goldman-&-Sachs
wordpress.com/tag/speeches/feed/
http://albanymediabias.blogspot.com/2006/11/did-you-read-any-of-this-in-your.html

so who was bought and paid for, the politician or the donor?

In 1835 Tocqueville wrote, “the American Republic will endure until the day Congress discovers that it can bribe the public with the public's money.” Sadly, that day has long since come.

http://www.humanevents.com/article.php?id=19812

Answer 1

Governments are formed among men to create an easily accessible central public treasury that can be raided by public servants and their friends. A redistribution of wealth by connections, not by merit.

Stem cell research, CFL bulb give-aways, grants --- these are all things the government wasn't originally intended to be involved with at all.

It's not really corporatism, because the State and the corporation are one. Think of it as the Vanguard of the Proletariat taking care of it loyal party members first, and us last.

Answer 2

Tax dollars shouldn't support any businesses, profitable or otherwise.

Also, there is no such thing as obscene profits. If Goldman Sachs made $5.6b, that is a signal that others should perform the same services.

Answer 3

No sane person will support such a move to support immoral enterprise with taxpayers' money. There should be some moral commission sort of a national body to look into such misadventures of a government. People should protest and raise their voice against such unethical steps which only further debase the country's ethical fabric.

Answer 4

I'm with you. I'm disgusted with our government. It made big tax breaks for the rich, minor ones for the poor and nil for the middle class. We pay companies to go to other countries to establish factories and businesses and take jobs away from Americans. We pay farm subsidies to huge conglomerate farms and ignore the small farms. Money goes to build bridges and roads to nowhere. Money goes to build huge, fancy roadside toilets and roadside picnic areas with computers that don't work and people employed to stand behind a desk and do nothing all day. We pay for overly-staffed, overly-fancy offices for "public servants". I would love to scrap every single budget of every single government agency and department and require them to PROVE every single penny that they receive is justified.

Answer 5

Why do you think that those companies give so much money to the candidates when they are running for office? It's to get kick backs from the president during their term in office.

Answer 6

Yes.

Answer 7

Absolutely NOT!!