Tornado Alley (PROG)

[SilverSurfer]

where is the outrage ?

Geithner's Legacy: The "0.2%" Hold $7.8 Trillion, Or 69% Of All Assets; And $212 Trillion Of Derivative Liabilities

http://www.zerohedge.com/news/2013-01-26/02-hold-78-trillion-assets

and this........

The recent U.S. government deal to avert the fiscal cliff by legislating income tax and capital gains hikes obscured another part of the arrangement: 75 special interest tax breaks - a list of corporate interests that receive tax perks and are not publicly revealed. Nonetheless, some of this special treatment has leaked. For example, there is an accelerated tax write off for owners of Nascar tracks. There is a tax credit for companies operating in American Samoa, including the StarKist factory owned by Nancy Pelosi's husband. Distillers received a $222 million rum tax rebate. Most notable, film and television producers can expense the first $15 million of production costs incurred in the United States. This Hollyood special will cost the taxpayers $430 million over the next year. It obviously paid for Hollywood to back President Obama in the last campaign.

As one might guess, renewable energy in the form of wind and algae received $2 billion of credit even though the nation is going through a natural gas drilling boom. The more one is green, the more green bucks flow. Needless to contend, the total cost will be far greater than these estimates. And even though the stock market hasn't yet revealed its sentiments about this shady deal, this misallocated capital will assuredly slow economic growth.


along with Obamacare corporate deal.. we are in corporatism full blown....
The question that remains puzzling is the silence of the left about this corporate welfare scheme. Where are the voices of indignation? What happened to the outspoken Occupy Wall Street crowd? Does Obama get a pass for his soothing rhetoric?


http://www.herblondon.org/12800/fascism-in-america