I’m pleased to say that the topic of oligarch and corporate welfare finally seems to be getting the much needed attention it deserves. While billionaires like Sam Zell (read my open letter to him) continue to spout nonsense about how the poor just need to be more like the rich, objective folks are catching on to the joke.
Ironically, the biggest welfare queens in America are the oligarchs and multinational corporations themselves, yet many of them constantly like to blame growing inequality on the supposed character deficiencies of the lower classes.
Earlier this week, I wrote a very well received post titled, A First Look at a New Report on Crony Capitalism – Trillions in Corporate Welfare,as well as the post, Walmart Admits in its Annual Report that its Profits Depend Heavily on Corporate Welfare...
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