Republicans claim they don’t like socialism, but that’s a lie. What they want is privatized profits and socialized losses. Almost every American is going to be hurt financially by the COVID-19 shutdown. Nevertheless, it’s already quite obvious that it’s big corporations that will get the highest percentage of bailouts, not American citizens. The airline industry, which just had ten years of record profits (acquired by fleecing its customers with fees for practically everything and cramming them in like cattle), is one of the first seeking a handout. Trump and the Republicans, of course, are all too ready to comply—proposing a $50 billion bailout. Fuck them! Whatever happened to putting money away for a rainy day, like normal people do? Instead, corporate executives take the profits, in the form of excessive salaries and bonuses, knowing that if things go bad later corporate welfare will make it all better.
Republicans want socialized corporate loses
March 17, 2020Written by Marty Essen