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BP got far more in government handouts to pay for their Gulf oil rig blowout disaster. In a free market, BP would now be bankrupt as it would have had to pay fo
by api 16y ago
BP got far more in government handouts to pay for their Gulf oil rig blowout disaster. In a free market, BP would now be bankrupt as it would have had to pay for the cleanup of hundreds and hundreds of miles of damaged coastal property as well as compensating fishermen for millions (or billions?) in lost revenue.
Just to give one example. Just saying.
We live in a welfare state. Criticizing people for accepting welfare in a welfare state is like criticizing people for speeding at Nascar. Everybody does it. Every major corporation has lawyers and lobbyists in Washington to get as much pork as they possibly can.
- anamax 16y ago> Criticizing people for accepting welfare in a welfare state is like criticizing people for speeding at Nascar. Everybody does it. Actually, "everybody" doesn't do it. You can't subsidize everyone because you run out of money long before that. The vast majority of us don't get subsidies. Two wrongs don't make a right.