{"id":12408,"date":"2014-03-21T00:05:39","date_gmt":"2014-03-21T07:05:39","guid":{"rendered":"http:\/\/www.politicsplus.org\/blog\/?p=12408"},"modified":"2014-03-21T00:05:39","modified_gmt":"2014-03-21T07:05:39","slug":"time-for-welfare-reform","status":"publish","type":"post","link":"https:\/\/www.politicsplus.org\/blog\/2014\/03\/21\/time-for-welfare-reform\/","title":{"rendered":"Time for Welfare Reform"},"content":{"rendered":"

In the US, we spend far too much on welfare.  Our welfare system is riddled with fraud and abuse.  Lest you think that someone laced my catnip with InsaniTEA, I am not referring to the safety net necessary to help poor Americans.  That\u2019s a relatively insignificant part of  our welfare system.  Most welfare goes to greedy corporations, who use it to enrich the 1%.<\/font><\/p>\n

\n

\"0320Report\"Most of us are aware that the government gives mountains of cash to powerful corporations in the form of tax breaks, grants, loans and subsidies–what some have called "corporate welfare." However, little has been revealed about exactly how much money Washington is forking over to mega businesses. <\/p>\n

Until now. <\/p>\n

A new venture called Open the Books, based in Illinois, was founded with a mission to bring transparency to how the federal budget is spent. And what they found is shocking: between 2000 and 2012, the top Fortune 100 companies received $1.2 trillion from the government<\/strong>. That doesn’t include all the billions of dollars doled out to housing, auto and banking enterprises in 2008-2009, nor does it include ethanol subsidies to agribusiness or tax breaks for wind turbine makers.  <\/p>\n

What Open the Book’s forthcoming report<\/a> does reveal is that the most valuable contracts between the government and private firms were for military procrument [sic<\/em>] deals, including Lockheed Martin ($392 billion), General Dynamics ($170 billion), and United Technologies ($73 billion).  <\/p>\n

After military contractors, $21.8 billion was granted out to corporate recipients in the form of direct subsidies; literally transfers of cash from the pockets of Americans to major corporations<\/strong>. The biggest winners were General Electric (GE) ($380 million), followed by General Motors (GM) ($370 million), Boeing (BA) ($264 million), ADM ($174 million) and United Technologies ($160 million)\u2026  [emphasis added<\/em>]<\/p>\n<\/blockquote>\n

Inserted from <Alternet<\/a>><\/p>\n

There\u2019s a lot more valuable information here.  Click through, please.<\/font><\/p>\n

The next time Republicans tell you we need welfare reform, agree with them.  Then ask them which wasteful and unneeded military contracts and which corporate subsidies should ne cut.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

In the US, we spend far too much on welfare.  Our welfare system is riddled with fraud and abuse.  Lest you think that someone laced my catnip with InsaniTEA, I am not referring to the safety net necessary to help poor Americans.  That\u2019s a relatively insignificant part of  our welfare system.  Most welfare goes to […]<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-12408","post","type-post","status-publish","format-standard","hentry","category-politics","category-5-id","post-seq-1","post-parity-odd","meta-position-corners","fix"],"_links":{"self":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/12408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/comments?post=12408"}],"version-history":[{"count":0,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/posts\/12408\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/media?parent=12408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/categories?post=12408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.politicsplus.org\/blog\/wp-json\/wp\/v2\/tags?post=12408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}