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The Water Cooler
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Waiting for the Counterrevolution
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<blockquote data-quote="SMS" data-source="post: 3398751" data-attributes="member: 42"><p>I remember when conservatives and/or republicans at least pretended to be against corporate welfare. Now they openly embrace it and throw their own money at it. Spare me the strict definition of socialism, my over the top comparison was to make a point.</p><p></p><p>If Kodak was properly postured in the pharmaceutical industry and able to produce the needed products, they would/should have zero trouble securing a commercial loan to fire up that division.</p><p></p><p>Are there no American pharmaceutical companies that could do the job? Why was a failed and poorly managed film company chosen for this golden gift that won’t bear fruit until years down the road? Are there conditions on the loan? Do they have to keep prices low since the American taxpayers will essentially foot the bill for this? (Price setting, indirect control of production anyone?)</p><p></p><p>Why is the government picking winners?</p><p></p><p>All this money printing and quantitative easing is going to leave one hell of a bill to pay down the road. That weakens America, not strengthens it.</p><p></p><p>I’m not against it “because Trump”, I’m against it because it’s not sound economics. It sure as hell isn’t capitalism or free market. That’s not fake news either. A whole lotta folks sure are for it “because Trump”.</p><p></p><p><a href="https://www.cato.org/blog/governments-plan-turn-kodak-pharmaceutical-company-sure-seems-underdeveloped" target="_blank">https://www.cato.org/blog/governments-plan-turn-kodak-pharmaceutical-company-sure-seems-underdeveloped</a></p><p><a href="https://www.theamericanconservative.com/articles/corporate-welfare-lives-on-and-on/" target="_blank">https://www.theamericanconservative.com/articles/corporate-welfare-lives-on-and-on/</a></p></blockquote><p></p>
[QUOTE="SMS, post: 3398751, member: 42"] I remember when conservatives and/or republicans at least pretended to be against corporate welfare. Now they openly embrace it and throw their own money at it. Spare me the strict definition of socialism, my over the top comparison was to make a point. If Kodak was properly postured in the pharmaceutical industry and able to produce the needed products, they would/should have zero trouble securing a commercial loan to fire up that division. Are there no American pharmaceutical companies that could do the job? Why was a failed and poorly managed film company chosen for this golden gift that won’t bear fruit until years down the road? Are there conditions on the loan? Do they have to keep prices low since the American taxpayers will essentially foot the bill for this? (Price setting, indirect control of production anyone?) Why is the government picking winners? All this money printing and quantitative easing is going to leave one hell of a bill to pay down the road. That weakens America, not strengthens it. I’m not against it “because Trump”, I’m against it because it’s not sound economics. It sure as hell isn’t capitalism or free market. That’s not fake news either. A whole lotta folks sure are for it “because Trump”. [URL]https://www.cato.org/blog/governments-plan-turn-kodak-pharmaceutical-company-sure-seems-underdeveloped[/URL] [URL]https://www.theamericanconservative.com/articles/corporate-welfare-lives-on-and-on/[/URL] [/QUOTE]
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