Posts Tagged “corporate welfare”
Predatory legislator, Tammy Baldwin (D-Wis), of the 2nd Congressional District of Wisconsin, is an example of high-powered finance capital funding a puppet politician in order to benefit themselves economically at the expense of the public. In the last campaign, Tammy Baldwin ran against Peter Theron. In that race, Baldwin received 277,914 votes (69%) and Theron received 122,513 votes (31%). This was a close race in terms of votes, but NOT in terms of dollars. Apparently, organizations and individuals that have a stake in plundering the public have such a high pay-off from it, that they are willing to pay Tammy Baldwin a LOT of money to do so. As we know, Baldwin recently voted to enslave the next generation with an additional $1,000,000,000,000 in debt payments which apparently brought money into the hands of the politically-connected in the nation. The cost breakdown to keep Tammy Baldwin voting “yes” to predatory legislation like this breaks down as follows:

Tammy Baldwin:
Campaign contribution totals: $1,471,218
Number of votes: 277,914
Dollars per vote: $5.30
Now compare how Tammy’s competitor achieved votes from the public despite NOT raising money from the politically-connected:
Peter Theron:
Campaign contribution totals: $27,430
Number of votes: 122,513
Dollars per vote: $0.22

The results are mind-numbing when you begin to realize that Tammy Baldwin has donors willing to spend $5.30 per vote to keep her in office and keep the public’s money flowing to them through Tammy’s voting to enslave the public with massive debt to fund corporate welfare payments. Peter Theron represented the politically un-connected and was a populist candidate since he obtained votes by obtaining a mere $0.22 per vote and still was approved by 31% of the voting population. Theron apparently appealed to individuals that are sick and tired of Baldwin and her predatory legislation and so voted for Theron as a protest vote or truly liked Theron’s agenda.

Luckily, in 2010, there will be a candidate from the Libertarian Party, Tim Nerenz, who will be advocating for individuals and not special interest groups like Baldwin does. Tim Nerenz appears to be a moral individual who cares about future generations and doesn’t want to enslave them to debt payments that they never agreed to. Tim appears to be an individual that doesn’t want to feed the politically-connected like Tammy Baldwin does.
I do like that Tammy Baldwin has defended the social liberties of individuals in the Madison area, however; individuals who want all that and respect for the human right to freedom from unwanted debt should start looking at Tim Nerenz to represent you in 2010.
Luckily, given the overwhelming results of candidates running against Baldwin in terms of dollar-per-vote statistics, overthrowing the tyrant Tammy Baldwin won’t require much money—just individuals’ passion for BOTH social liberty AND economic liberty.
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Visit: Tim Nerenz’s blog
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Tags: auto-makers, campaign contributions, campaign for liberty, corporate welfare, debt, financing, high-powered finance capital, legislation, madison wisconsin, peter theron, politician, Politics, tammy baldwin, tim nerenz, vote
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If you are sick and tired of corporate welfare schemes and the companies that suck on the teats of the bloated and bankrupt U.S. federal government at your tax expense and then plan extravagant vacations and goodies for their employees, then now could not be a better time to unleash your anger—if you have an Associated Bank account! Associated Bank sucked 1/2 billion dollars off the federal government’s teat by making taxpayers fund the entire loan. Then they decided they needed to award 100 of their employees to an extravagant vacation in Puerto Rico. Here’s a description of the lavish plans that were uncovered by Daniel Bice at the Journal Sentinel:
The high-performers at the Green Bay-based bank [Associated Bank] were scheduled to leave Wednesday and fly to the El Conquistador Resort & Golden Door Spa, returning Feb. 22. The resort includes a 100-acre private island; 18-hole golf course, complete with waterfall; private marina; Parisian day spa; children’s water park; and 10,000-square-foot Caribbean casino.
Yeah, it’s time to close your bank account with this company and open an account with an ethical bank. Here’s how:
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1. Search the web or ask friends for a local bank that has not taken TARP/tax money (most local banks have not, except Associated Bank).
2. Gather your driver’s license and some cash to start your new account (about $25).
3. Drive to your new bank after finding directions, enter building and ask to see a bank associate to open a new account (say it with a smile!).
4. The bank associate will ask why you want to open an account with them. Tell them how angry you are at Associated Bank taking advantage of taxpayers (and that you are so glad your new bank has not!).
5. Allow 1/2 hour for creating your new bank account. Your driver’s license is the main document needed for this process. You will need the $25 cash you brought to put into your new account and get it funded. You should be all set up and ready to go!
6. I recommend that you don’t close your Associated Bank account until all your check and debit purchase activities clear that old account. You will likely want to wait until after your next paycheck gets deposited into your new bank account.
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Please share your stories of happiness at closing your Associated Bank account. I’ve already closed mine!!!
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Tags: Associated Banc-Corp, Associated Bank, Caribbean resort, CEO Paul Beideman, corporate welfare, Daniel Bice, El Conquistador Resort & Golden Door Spa, Elaine Hokenson, federal bailout money, federal government, Janet Ford, Joanne Jalowiec, Journal Sentinel, No Quarter, public anger, Puerto Rico trip, TARP, taxes, Troubled Asset Relief Program, Wells Fargo
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This fetish for price-gouging the consumer is for the benefit of Rep. Collin C. Peterson (D-Minn.) and his special interest group—corporate-welfare farmers. What’s next Collin, shall we pass legislation to burn down millions of old homes to prop up housing prices? Wait, that’s not one of the special interest groups that pay your extortion fees election fees. Skip that one.
Obviously, consumers aren’t one of Collin’s special interest groups either. They don’t pay his extortion fees election fees. Which is why they get the shaft. Consumers will continue to pay higher prices if Collin and his corporate farming criminals get legislation like this passed. Collin and the corporate-welfare gang benefit at the expense of the consumer.
- This scheme was exposed by Hazlitt long ago in Economics In One Lesson, and his writing on this is wonderful: Chapter 13: “Parity” Prices
- And for some great laughs check out the definition of “Bureaucracy: American Style” under The Classic Cow Model of government. Try not to die laughing!
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Tags: consumer, corporate welfare, economics in one lesson, henry hazlitt, price controls, price fixing, rep. collin c. peterson, retire cows, special interest group, wisconsin cows
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House Vote On Passage: H.R. 7321: Auto Industry Financing and Restructuring Act
Tammy Baldwin (d) and Paul Ryan (r) of Wisconsin voted on Dec 10, 2008 at 8:46PM to enslave future generations to interest payments on the corporate welfare handouts they wanted to present to incompetent managers and overpaid/under-productive union workers of the failed automaker institutions headquartered in Michigan. Talk about cerebral insanity. When it comes to economics, Tammy Baldwin and Paul Ryan are nothing more than second-hand peddlers of junk science—Keynesianism. The votes for future extortion and economic slavery by these two corrupt individuals is a great example of their mind-boggling adherence to zombie economics. These two maniacal political parasites act as if they are a king or queen of a serfdom. They believe they can steal money from the public in the future to pay for their whims and fancies today. On Dec 10, 2008 at 8:46PM their fancy was moving capital investment money that could be borrowed by competent entrepreneurs of profitable businesses (in Wisconsin possibly) and instead moving this capital investment money into the willing hands of incompetent welfare CEO’s in Michigan. If Tammy Baldwin and Paul Ryan have their desires realized, they will have reduced the standard of living of present and future generations of southern Wisconsin individuals. This is pure political parasitical corruption. What else can Wisconsin individuals expect though when they believe they need these two haters of liberty ruling over them?

Thanks goes to boingboing.net for the great pic above.
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Tags: auto financing and restructuring act, cerebral insanity, corporate welfare, economic slavery, enslave future generations, extortion, Government Corruption, h.r. 7321, junk science, keynesianism, michigan, michigan automakers, parasite, paul ryan, political parasite, serfdom, tammy baldwin, wisconsin, wisconsin standard of living, zombie economics
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