The Poverty Industry

[bendog]

Again, if you consider this to be part of the Poverty Industry, you need a new head

The Federal Pell Grant is usually awarded to undergraduates who have a high degree of unmet financial need. Students whose families have a total income of up to $50,000 may be eligible for the need-based funding, though most Pell grant money goes to students with a total family income below $20,000. Your eligibility will be determined by the FAFSA. The U.S. Department of Education uses a standard formula, established by Congress, to evaluate the information you report when you apply for the FAFSA. After you’ve completed the financial aid application, you’ll receive a confirmation e-mail letting you know your application has been processed and providing you a link to your Student Aid Report, or SAR. You’ll also be able to view your Expected Family Contribution (EFC), the number that determines your eligibility for federal grants, and how much you’re eligible for. From there, your information is also sent to the school or schools you indicated on your FAFSA.

 

[boedicca]

You aren't stupid enough to believe they are actually receiving $84K a year, are you? Please tell me you aren't actually that dumb.

Most of it goes to bloating buracracy, both federal and state level.

We know that, thats why we detest the system.

The dumbshit actually thought a family of four was receiving $84,000.

The Earned Income Tax Credit was counted as a "welfare program" by the CATO report.

As were adoption assistance, several services to seniors, college grants, demolition of public housing, and a lot of rural assistance programs. In short, a great many things that have nothing to do with food stamps or what we traditionally think of as "welfare".

Wow, are you an idiot. Sarcasm clearly eludes you.

It must be difficult to go through life with such poor reading comprehension and cognitive abilities.

 

[bendog]

You aren't stupid enough to believe they are actually receiving $84K a year, are you? Please tell me you aren't actually that dumb.

Most of it goes to bloating buracracy, both federal and state level.

We know that, thats why we detest the system.

The dumbshit actually thought a family of four was receiving $84,000.

The Earned Income Tax Credit was counted as a "welfare program" by the CATO report.

As were adoption assistance, several services to seniors, college grants, demolition of public housing, and a lot of rural assistance programs. In short, a great many things that have nothing to do with food stamps or what we traditionally think of as "welfare".

I thought that cato's inclusion of grants to increase broad band access to rural areas was a stroke of ideolgical/quasi-libertarian genius.

 

[boedicca]

Again, if you consider this to be part of the Poverty Industry, you need a new head

The Federal Pell Grant is usually awarded to undergraduates who have a high degree of unmet financial need. Students whose families have a total income of up to $50,000 may be eligible for the need-based funding, though most Pell grant money goes to students with a total family income below $20,000. Your eligibility will be determined by the FAFSA. The U.S. Department of Education uses a standard formula, established by Congress, to evaluate the information you report when you apply for the FAFSA. After you’ve completed the financial aid application, you’ll receive a confirmation e-mail letting you know your application has been processed and providing you a link to your Student Aid Report, or SAR. You’ll also be able to view your Expected Family Contribution (EFC), the number that determines your eligibility for federal grants, and how much you’re eligible for. From there, your information is also sent to the school or schools you indicated on your FAFSA.

And you don't get how taxpayers are being Shaken Down under the guise of ending poverty.

But thank you for sharing.

 

[bendog]

Most of it goes to bloating buracracy, both federal and state level.

We know that, thats why we detest the system.

The dumbshit actually thought a family of four was receiving $84,000.

The Earned Income Tax Credit was counted as a "welfare program" by the CATO report.

As were adoption assistance, several services to seniors, college grants, demolition of public housing, and a lot of rural assistance programs. In short, a great many things that have nothing to do with food stamps or what we traditionally think of as "welfare".

Wow, are you an idiot. Sarcasm clearly eludes you.

It must be difficult to go through life with such poor reading comprehension and cognitive abilities.

confusing sarcasm with propaganda

 

[Dot Com]

It's too much of a challenge to ask Obama to actually embrace a taxing and policy environment that would get businesses hiring and put people to work. It's much easier to print $85 billion each month. Obama is a loser leading a losing nation.

The $85 billion being printed isn't for the poor. Its for the wealthy. Funny how the people whining about money for the poor aren't having a serious coniption over the greater amount of money being handed to the rich on a platinum platter. Over a trillion dollars a year! We don't see a how much that works out to per rich person.

And it comes at the expense of every person who invests, and every person living off their savings. A massive transfer of wealth from the common man up the food chain.

^ that

and cato.org as a source for this Randian attack on the poor whilst the water carriers for the rich (98% of politicians) go unmentioned You people are trained well to see needles in haystacks and overlook the haystack (special rules for the uber wealthy)

 

[g5000]

Of course we forget mention that the banks that receive this virtually interest free money on a monthly basis have severely restricted themselves from the very purpose for which this money has been printed...to LEND money.
It's easy to hold back money when one is getting one's expected bonus to do so.

Investment banks barely invest in anything productive any more. The vast majority of their profits come from derivates, speculation, carry trades, and the like.

 

[Mr. H.]

It's too much of a challenge to ask Obama to actually embrace a taxing and policy environment that would get businesses hiring and put people to work. It's much easier to print $85 billion each month. Obama is a loser leading a losing nation.

The $85 billion being printed isn't for the poor. Its for the wealthy. Funny how the people whining about money for the poor aren't having a serious coniption over the greater amount of money being handed to the rich on a platinum platter. Over a trillion dollars a year! We don't see a how much that works out to per rich person.

And it comes at the expense of every person who invests, and every person living off their savings. A massive transfer of wealth from the common man up the food chain.

^ that

and cato.org as a source for this Randian attack on the poor whilst the water carriers for the rich (98% of politicians) go unmentioned Priceless

Guys, that is the reason money is flying to Wall Street, and not Main Street. I know what I said, stop putting words into my mouf.

 

[NoTeaPartyPleez]

Most of it goes to bloating buracracy, both federal and state level.

We know that, thats why we detest the system.

That's the point of the thread. The moron doesn't grok that it's a big shakedown scheme.

I don't question the thread's intent, but if that cato report is the best you got, then you ain't got anything.

Might as well quote the Club for Growth, Heritage Foundation or the National Republican Congressional Committee.

 

[g5000]

Are you really that dense?

Program Description

The Federal Pell Grant Program provides need-based grants to low-income undergraduate and certain postbaccalaureate students to promote access to postsecondary education.

Federal Pell Grant Program


And has already been mentioned - the issue with this spending is that it is looted by shakedown artists and poverty pimps.

So you see, boys and girls, for those who piss on the poor, giving them money for college is a waste. These poor need to know their place and stay there.

Printing money to save the banks is an investment !

 

[bendog]

It's too much of a challenge to ask Obama to actually embrace a taxing and policy environment that would get businesses hiring and put people to work. It's much easier to print $85 billion each month. Obama is a loser leading a losing nation.

The $85 billion being printed isn't for the poor. Its for the wealthy. Funny how the people whining about money for the poor aren't having a serious coniption over the greater amount of money being handed to the rich on a platinum platter. Over a trillion dollars a year! We don't see a how much that works out to per rich person.

And it comes at the expense of every person who invests, and every person living off their savings. A massive transfer of wealth from the common man up the food chain.

^ that

and cato.org as a source for this Randian attack on the poor whilst the water carriers for the rich (98% of politicians) go unmentioned Priceless

Well it is unfortunate. As you said it's a Randian attack, and by terms that means reality and facts are secondary to the ideology. But, we do have an institution of failing public schools in which the overriding purpose seems to be protecting ineffective teachers' jobs rather than educating kids. SNAP in ways operates as a dis-incentive to healthy truck farming. That is, even with good intentions, govt programs do at times operate contrary to the aims. Unfortuantely, the cato report really has nothing to do with that problem, and, as you say, merely caters to the interest of the very rich.

 

[Dot Com]

Of course we forget mention that the banks that receive this virtually interest free money on a monthly basis have severely restricted themselves from the very purpose for which this money has been printed...to LEND money.
It's easy to hold back money when one is getting one's expected bonus to do so.

Investment banks barely invest in anything productive any more. The vast majority of their profits come from derivates, speculation, carry trades, and the like.

yep and to add insult to injury you KNOW that they are just doing WHATEVER they need to, regardless of the social cost, when they trade in milliseconds using algorithms. This is why they hire engineers straight out of top universities to fine tune these algorithms that DON'T include coding for morality.

 

[NoTeaPartyPleez]

Again, if you consider this to be part of the Poverty Industry, you need a new head

The Federal Pell Grant is usually awarded to undergraduates who have a high degree of unmet financial need. Students whose families have a total income of up to $50,000 may be eligible for the need-based funding, though most Pell grant money goes to students with a total family income below $20,000. Your eligibility will be determined by the FAFSA. The U.S. Department of Education uses a standard formula, established by Congress, to evaluate the information you report when you apply for the FAFSA. After you’ve completed the financial aid application, you’ll receive a confirmation e-mail letting you know your application has been processed and providing you a link to your Student Aid Report, or SAR. You’ll also be able to view your Expected Family Contribution (EFC), the number that determines your eligibility for federal grants, and how much you’re eligible for. From there, your information is also sent to the school or schools you indicated on your FAFSA.

And you don't get how taxpayers are being Shaken Down under the guise of ending poverty.

But thank you for sharing.

And you don't get how taxpayers are told that poverty is the big ticket in federal spending while diverting attention from massive defense spending. You see, the lobbyist group for poor people isn't doing a very good job inside the Beltway. Whereas Lockheed Martin's whores are doing a great job.

Congress forcing military to keep unwanted assets, programs despite spending cuts, report says

WASHINGTON – Parked around the airstrip at Lackland Air Force Base are more than a dozen massive C-5A Galaxy transport planes. There is no money to fly them, repair them or put pilots in the cockpits, but Congress rejected the Air Force's bid to retire them.

Congress forcing military to keep unwanted assets, programs despite spending cuts, report says | Fox News

 

[boedicca]

It's too much of a challenge to ask Obama to actually embrace a taxing and policy environment that would get businesses hiring and put people to work. It's much easier to print $85 billion each month. Obama is a loser leading a losing nation.

The $85 billion being printed isn't for the poor. Its for the wealthy. Funny how the people whining about money for the poor aren't having a serious coniption over the greater amount of money being handed to the rich on a platinum platter. Over a trillion dollars a year! We don't see a how much that works out to per rich person.

And it comes at the expense of every person who invests, and every person living off their savings. A massive transfer of wealth from the common man up the food chain.

^ that

and cato.org as a source for this Randian attack on the poor whilst the water carriers for the rich (98% of politicians) go unmentioned You people are trained well to see needles in haystacks and overlook the haystack (special rules for the uber wealthy)

Typical Pavlovian Response from a commited Moonbat^^^^

 

[Vox]

If one realizes that 40% of the cost is actually going to the system itself ( the workers compensation, union benefits, lavish vacations and all other waste) than one can easily see WHY nobody involved wants to do anything about it and is only in favor of EXPANDING the waste.

 

[g5000]

If one realizes that 40% of the cost is actually going to the system itself ( the workers compensation, union benefits, lavish vacations and all other waste) than one can easily see WHY nobody involved wants to do anything about it and is only in favor of EXPANDING the waste.

Sounds like the United Way.

 

[Dot Com]

The $85 billion being printed isn't for the poor. Its for the wealthy. Funny how the people whining about money for the poor aren't having a serious coniption over the greater amount of money being handed to the rich on a platinum platter. Over a trillion dollars a year! We don't see a how much that works out to per rich person.

And it comes at the expense of every person who invests, and every person living off their savings. A massive transfer of wealth from the common man up the food chain.

^ that

and cato.org as a source for this Randian attack on the poor whilst the water carriers for the rich (98% of politicians) go unmentioned You people are trained well to see needles in haystacks and overlook the haystack (special rules for the uber wealthy)

Typical Pavlovian Response from a commited Moonbat^^^^

ad hominem & nothing to say about the content of my post? Thanks for playing

 

[boedicca]

Whereas there is a lot of pork in Defense, the real money is in the growth of entitlements and profiteering from Federal Debt.

http://fivethirtyeight.blogs.nytimes.com/2013/01/16/what-is-driving-growth-in-government-spending/

 

[boedicca]

If one realizes that 40% of the cost is actually going to the system itself ( the workers compensation, union benefits, lavish vacations and all other waste) than one can easily see WHY nobody involved wants to do anything about it and is only in favor of EXPANDING the waste.

Sounds like the United Way.

Except for the little detail that United Way contributions are voluntary.

 

[g5000]

You can't pin $17 trillion of debt all on the poor. Not by a long shot.

We spend over a trillion dollars a year on tax expenditures. Your mortgage interest deduction is a form of welfare, too, you know! As is the tax exemption for your employer sponsored health insurance. We have higher tax rates and borrow money from China to pay for all that.

I can recall only one of the self-avowed libertarians or conservatives, besides myself, around here calling for the elimination of tax expenditures, even though that is a both libertarian and fiscal conservative plank.

You want to see REAL government waste? Dive into tax expenditures. Take a good look at them. It's a cesspool of corruption. There's your "industry".

We are ALL on the government tit. We ALL built that debt.

And as others have pointed out, Defense spending is out of control. We have not spent at these levels on Defense since WWII. We are not in a World War. We had an existential threat during the Cold War and still did not spend this much, even after adjusting for inflation!

That's why topics like this which kick the poor in the face, while ignoring the much, much, much bigger waste and spending going on are...well...disengenuous is too kind a word for that shit. The word for that is hypocrisy.

In fact, it is because our debt has reached a tipping point that we have so many poor. Job growth becomes stifled after debt reaches a certain point, and we are past that point.

So shut the fuck up about the poor until you are ready, willing and demanding to give up your own personal welfare money from the government, you goddam hypocrites.