The Super Bowl is the venue that chooses the world champion in pro football. The NFL created an event where the hype is larger than the game itself. It is a celebrity affair drooling with money. The NFL and its franchise owners are a wealthy bunch and the value of their franchises are going thru the roof. Yet they use their wealth to entice city and states to give them corporate welfare and other tax breaks that are unnecessary. Politicians are ready to dole out the concessions to these wealth builders that reduce state revenue. States find themselves with budget deficits because of those special interest give aways. The states and cities are being screwed by the elected officials, the NFL and its franchise owners.
The Oil and Gas industry has been the recipient of tax breaks for over 40 years, yet the nation is dependent on foreign oil more now than ever before. They even want the breaks when oil is $150 barrel and their profits are at an all time high. They have millions of acres of land they own or lease and have yet to drill one well on but still want the government to open up new lands for drilling. The price of oil and gas is manipulated according to supply and demand so the U.S. will always be dependent on foreign oil.
Defense contractors have cost over runs on a daily basis on their contracts with the government. The practice has been wide spread and on going for many years to the tune of billions of dollars that cost the tax payers.
Wall Street and the financial industry engineered the collapse of the economy and was caused by greed because the wealth of those two industries wanted more wealth. They used sub primed mortgages as their vehicle to more wealth.
David Broder, a Washington Post journalist reported a government report that showed between the third quarter of 2007 and the first quarter of 2009 house hold net worth fell by $17.5 trillion which was the equivalent to more than one years GDP. All but two months happened on the republican watch. That's the GOP who cater to wealth.
Federal and state governments are drowning in give aways to special interest groups which do nothing but transfer wealth from the average American to the wealthy. State governments are getting as bad as the federal government with corporate welfare. All at a time when the peoples needs are the greatest burden.
Our system of fairness in government is a thing of the past because the wealth of special interest groups and their clout are one sided. The problem has also destroyed the free enterprise system that we like to brag about because the system is stacked to favor the wealthy and eliminates competition. If any one thinks the meltdown of the economy and the transfer of wealth just happened, wake your self up.
The voters can change elected officials all they want but if the give aways to special interest is not reversed, nothing will change. That says it all.
