@philokalia said
It is very valid to criticize corporate welfare but I do understand why it happens... one would think, though, that they would write into the policies that the money cannot go to bonuses for executives.
Of course, then what happens is they can move around the money and make it look different than it actually is...
Yet, since these banks have such a large impa ...[text shortened]... these institutions to get hit a lot harder. I am starting to think that that is how we should do it.
These large corporations were created by government. They are the bank of collectivist regimes because those in government don't produce anything or make any money. All they do is take the money of others.
True socialists, like Venezuela and North Korea, take over corporations, but they know nothing about business so they go belly up pretty quick. Socialism in Europe bypasses this by creating these large "private" corporations that are like mini governments and simply have their claws in them to manipulate them as they need. Hitler was a master at this sort of socialism that we see today in Europe and the US.
So a centralized private business that is in the model of the mini government is the best case scenario for a centralized government to control the populace. The bonus is, when these government created corporate structures causes any harm, then a "free market capitalism" can always be blamed.
It's a system of zero accountably as one side blames government and the other side blames corporate America.