Universal Basic Income

[sarg123]

Some of you have never heard of corporate welfare and lobbying.

A lot of corporate welfare starts off with good intentions. There are lots of examples, I wish I had the time to do the research on this, but I don't. I do remember hearing that at some point the government was paying farmers a certain amount of subsidies for planting specific crops, probably they are still paying. It was probably meant for the small farmers (so sad, going to lose land that they was in the family for generations), but who do you think got the biggest piece of the pie? Whenever there's money, there's always the big corporations lurking just around the corner, and they get it first.

Same with the mortgage crisis in 2008. The government was pushing banks to give loans to poor people - backed by Freddie Mac and Sallie Mae. The banks were quick to jump on the bandwagon - these mortgages were guaranteed by Uncle Sam! So they pushed mortgages on people who really couldn't afford them, and voila! A mortgage crisis. Banks are not dumb. They were not giving mortgages that would not get paid, they were expecting to get paid - if not by the mortgagee, then for sure by Uncle Sam.

Not to mention all the corporate welfare given to all those green companies in recent years, where they took tons of money to develop... nothing. Also, good intentions - but who got the money? The wealthy, of course.

These are just some of the things I can think of off the top of my head, I know I am a bit fuzzy about the details, but I know for sure there a lot more examples, like I said, I wish I had the time to research all of this.