federal government

Home » federal government

America’s Real Welfare Queens: Fortune 100 Companies

in Liberator Online Archives, Welfare by James W. Harris Comments are off

(From the Intellectual Ammunition section in Volume 19, No. 14 of the Liberator Online. Subscribe here!)

Welfare QueensEarlier this year Open the Books, a non-partisan watchdog group advocating transparency in public spending, issued a genuinely shocking report that added up all federal grants, loans, direct payments, and insurance subsidies going to private companies.

Among its findings: corporate-welfare payments from the federal government to the Fortune 100 companies, from 2000 to 2012, amounted to more than $1.2 trillion.

The bulk of this was in the form of contracts between government agencies and private firms, with the largest going to the military-industrial complex. While these provide some services to taxpayers, such spending is difficult to control because the huge sums also fund a massive lobbying industry busily working for more such spending.

But contracts aside, staggering amounts of money were just given away as outright subsidies — taxpayer-funded handouts to the biggest businesses in America.

Writing in National Review Online, economist Stephen Moore summarizes: “$21.3 billion… was doled out in the form of outright income-transfer subsidies to corporate America. On average, each Fortune 100 company received about $200 million in such [taxpayer-funded] handouts.

“So who are the major corporate-welfare queens? The biggest grant recipients were General Electric ($380 million), followed by General Motors ($370 million), Boeing ($264 million), Archer Daniels Midland ($174 million), and United Technologies ($160 million).

“About $8.5 billion of this largesse came in the form of taxpayer-subsidized loans. The big winners here were Chevron, Exxon Mobil, Ford Motor Company, and other multibillion-dollar corporations whose franchisees received Small Business Administration loans.

“Archer Daniels Midland got just under $1 billion for USDA farm-program loans, and this doesn’t include ethanol subsidies. Another $10 billion was doled out through federal insurance…”

And the problem goes beyond even these staggering sums. Says Moore:

“That $1.2 trillion number does not include the hundreds of billions of dollars in housing, bank, and auto-company bailouts in 2008 and 2009, because those payments are kept mostly invisible in the federal-agency books. It also doesn’t include the asset purchases of the Federal Reserve, indirect subsidies such as the ethanol mandate that enriches large agribusinesses like Archer Daniels Midland…

“Amazingly, all but one of the Fortune 100 stood in the federal soup line to take at least some form of corporate-welfare benefit.”

Sums up Moore: “Imagine for a moment that you are sitting on your couch watching TV and there is a knock on the door. There in a corporate suit is an employee of General Dynamics with a tin cup and he asks if you would contribute a dollar for a research project. You would slam the door in his face. But somehow when the government collects a dollar from each of us and gives the money to General Dynamics, this is considered in Washington a wise ‘investment.’”

Read the next article from this issue here.

Go back to the full issue here.

THEY SAID IT…

in Liberator Online Archives by James W. Harris Comments are off

(From the They Said It section in Volume 19, No. 14 of the Liberator Online. Subscribe here!)

Doug Sosnik

AMERICANS MAD AT GOV’T, WANT LESS OF IT: “It is difficult to overstate the depth of the anger and alienation that a majority of all Americans feel toward the federal government. A June 30, 2014, Gallup poll found that Americans’ level of confidence has dropped to near record lows for all three branches — the presidency (30 percent), Congress (7 percent) and the U.S. Supreme Court (29 percent). …the country’s diminishing faith in its institutions has translated into a desire for less government, not more.” — Democratic political strategist Doug Sosnik, former political director for President Clinton, “Blue Crush: How the Left Took Over the Democratic Party,” Politico Magazine, July 24, 2014.

ANGRY AMERICANS PART 2: 
John Hickenlooper“People are mad at Democrats. But they’re certainly not happy with Republicans. They’re mad at everything.” — Democratic governor of Colorado John Hickenlooper, quoted in the  New York Times, August 26, 2014.


John HaywardBURGER KING HAS IT THEIR WAY: “Three cheers for Burger King, I say! All of the whiny liberals racing to call them ‘unpatriotic’ for pursuing a deal to merge with the Canadian coffee shop Tim Horton and reincorporate north of the border, thus escaping the deranged American corporate tax system, are completely missing the point. Nothing is more patriotic, more quintessentially American, than voting with your feet and withdrawing your consent from an unhinged government. When CEOs start climbing over the walls to escape from greedy left-wing government, the problem is not insufficiently high walls.” — conservative writer John Hayward, “Burger King to escape U.S. corporate tax system,” Human Events, August 26, 2014.

RAND PAUL ON THE INTERVENTIONISTS: 
Senator Rand Paul“The let’s-intervene-and-consider-the-consequences-later crowd left us with more than 4,000 Americans dead, over 2 million refugees and trillions of dollars in debt. Anytime someone advocates sending our sons and daughters to war, questions about precise objectives, effective methods and an exit strategy must be thoughtfully answered. America deserves this.” — Sen. Rand Paul (R-KY), “Rick Perry Is Dead Wrong,” Politico.com, July 14, 2014.

Ron PaulRON PAUL ON HELPING ISIS RECRUIT: “A new U.S. military incursion will not end ISIS; it will provide them with the recruiting tool they most crave, while draining the U.S. treasury. Just what Osama bin Laden wanted!” — Ron Paul, “Obama Has No Middle East Strategy? Good!” Ron Paul Institute for Peace and Prosperity, August 31, 2014.

FREEDOM OR EMPIRE:
Robert Murphy“If Americans want a free society at home, then they must convince the U.S. government to give up its global empire. The militarized police recently on display in Ferguson was no freak coincidence: Antiwar activists and other civil libertarians have been warning for decades that an aggressive U.S. foreign policy would eventually destroy domestic liberties. Americans can’t ask their government to subjugate foreigners with bombs but bow to their own wishes at the ballot box.” — Robert P. Murphy, “A free society must give up empire,” Antiwar.com, August. 30, 2014.


LABOR DAY, OBAMA ERA:
 “It’s Labor Day weekend. Labor Day, of course, is a David Lettermanholiday where people take three days off from being unemployed.” — David Letterman, August 28, 2014.

NOTED AND REQUOTED
CANDIDATE OBAMA VS PRESIDENT OBAMA:

President Barack Obama

“The President does not have power under the Constitution to unilaterally authorize a military attack in a situation that does not involve stopping an actual or imminent threat to the nation.” — Sen. Barack Obama, interviewed by the Boston Globe while running for president in 2008, quoted by Conor Friedersdorf at Atlantic.com.

Harvard Study: Young Americans Want Far Less Interventionist Foreign Policy

in Foreign Policy, Liberator Online Archives, Military, War by James W. Harris Comments are off

(From the Intellectual Ammunition section in Volume 19, No. 9 of the Liberator Online. Subscribe here!)

Young Americans want a far less interventionist foreign policy, and they don’t trust the United Nations or the federal government in general. And they have strong libertarian leanings on other key issues.

Harvard UniversityThat’s according to the latest Harvard Public Opinion Project, a highly-respected national poll of America’s “Millennials”(18- to 29- year-olds) by Harvard’s Institute of Politics that has been conducted biannually since 2000.

The numbers are startlingly anti-interventionist. Fully 74 percent agreed with this statement: “The United States should let other countries and the United Nations take the lead in solving international crises and conflicts.” Only a fourth believed that the United States “should take the lead in solving international crises and conflicts.”

Fully 39 percent disagreed with the statement “it is sometimes necessary to attack potentially hostile countries, rather than waiting until we are attacked to respond.” Only a tiny 16 percent agreed with that statement.

Concerning specific recent foreign policy crises, 62 percent disapproved of the president’s handling of the Syria crisis, and 59 percent disapproved of the government’s policies towards Iran and Ukraine.

The same skepticism applies to international bodies. Fully two-thirds said they trusted the UN only “some of the time” or “never.” Only about a third of respondents said they trusted the United Nations all or most of the time.

This radical rejection of interventionism among the young is accompanied by other libertarian-friendly positions and a strong degree of skepticism towards government in general. Just three percent of Millennials reported trusting the federal government “all of the time,” while 80 percent said that they trusted it either only “some of the time” or “never.” Similarly, eighty-four percent of participants felt that they could trust Congress only “some of the time” or “never.” Just one-third trust the president “most” or “all of the time.”

On the re-legalization of marijuana, 25- to 29- year-olds support re-legalization by a large margin of 50 percent to 28 percent (21 percent unsure); among 18- to- 24- year-olds, 38 percent support, 39 percent oppose (22 percent unsure). Overall, 66 percent support re-legalizing marijuana for medical purposes.

On sexual tolerance, 61 percent say that “a friend’s sexual orientation is not important to me.”

Finally, Millennials are moving away from identifying with either of the two older parties, with increasing numbers identifying as Independents (38 percent) rather than Republicans (25 percent) or Democrats (37 percent).

Surveillance, Safety… and Rabbit Hunting

in Liberator Online Archives by Sharon Harris Comments are off

(From the President’s Corner section in Volume 19, No. 8 of the Liberator Online. Subscribe here!)

For the past year or so liberty-loving Americans have been appalled by the revelations of Rabbit HuntingEdward Snowden and others about the secret and unconstitutional spying programs the federal government is engaged in.

Ironically, we’ve also learned that the programs have been spectacularly ineffective. As the federal Privacy and Civil Liberties Oversight Board said earlier this year:

“We have not identified a single instance involving a threat to the United States in which the telephone records program made a concrete difference in the outcome of a counterterrorism investigation. Moreover, we are aware of no instance in which the program directly contributed to the discovery of a previously unknown terrorist plot or the disruption of a terrorist attack.”

And that reminds me of a story…

Federal Rabbit Hunting

The NSA, the CIA and the FBI were fighting among themselves, each arguing that they were the best and most qualified at apprehending terrorists.

Finally the president decided to settle the argument with a simple test. He would release a rabbit into a forest, and give each agency a chance to find and capture it.

The NSA went first. They placed cameras throughout the forest. They eavesdropped on every animal, plant and mineral. NSA drones circled the forest, filming every leaf on every tree. After three months of extensive investigations the NSA concluded that there was no rabbit in the forest at all. But they warned the president that 300 other kinds of animals and insects were behaving strangely and the whole forest needed round-the-clock surveillance.

Then the CIA went in. They captured numerous innocent animals and questioned them harshly, but got no information. After two weeks with no leads they burned the forest to the ground, killing everything in it. “The rabbit had it coming,” one agent said. (Later, the NSA sent the president a classified tape showing the rabbit hopping away from the forest just before it was destroyed.)

Finally the FBI had their chance. They went into another forest chosen by the president. Just two hours later they proudly emerged — holding a ruffled, badly frightened raccoon. The raccoon shouted: “Okay! Okay! I’m a rabbit! I’m a rabbit!”

* * *
Tired of the surveillance state? See this issue’s Intellectual Ammunition column to learn about “Reset The Net,” a worldwide effort to preserve free speech and liberty on the Internet by taking simple steps to shut off the government’s mass surveillance capabilities. You’re invited to take part.