Corpfare is corporate welfare, such as subsidies, bailouts and monopolies granted by government to davajides, pimps of kleptocrats. Corpfare is like steroids, it may look attractive in the short run, but it cripples you in the long run. Corpfare destroys the level playing field that free markets depend on, creates a corrupt relationship between government authority and special interests, transforms corps to corpses, and is unconstitutional. Even loans by government-sponsored entities constitute another form of subsidy.
Posted on: Tue, 01 Apr 2014 12:00:51 +0000