Matt Welch Talks About Subsidized Homeowner Insurance on Freedom Watch

[UTubekookdetector]

Is anyone surprised to see crony capitalism when the gov't has this much $ and this much power. This is a prime example, I can think of several others. If you put your house in an area that is prone to disasters, pay for it yourself. The reason private insurers won't go there (obviously) is because they're guaranteed to lose money. DUH! This is insanity.

[RedTory59]

So, once again, the rich gamed the system or their own benefit. How surprising.

[hannas1234]

Liberals whine about taxing the rich. Lets start by making them pay fair market price for their own insurance.

[jrikus]

Matt Welch brought his A game today on this one. Excellent interview.

[furyofbongos]

It is sobering to reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the struggle for independence.

-Charles A. Beard

[bobbaz2401]

Coming at arguments from this angle should be heard more often.

[theone1308]

Ridiculous premise...

[jimisback]

@theone1308 You hit the nail on the head.

[wye4379]

@theone1308 Actually its called "Moral Hazard" and is a well settled economic precept.

[bocanutz]

If by "Socialism for the poor" you mean 'ensure the economic status of the poor,' then yes.

[johammbass]

Fuck socialism

[chronDiggity]

Socialism for the rich, socialism for the poor, dick in the ass for them middle class.

I guess when "job creators" complain that they shouldn't be taxed since they never use social programs, we can all point to something like this and tell them to foot the bill.

[eirefrance]

@chronDiggity Socialism for the poor? Ha.

[chronDiggity]

@eirefrance

So you feel as though it's only socialism for the rich?

[eirefrance]

@chronDiggity I think the middle class receives about as much socialism as the poor, if not more. What few things do exist to assist the poor aren't long for this world, since people like you are hellbent on blaming them for creating this two-tiered oligarchy we live in. Blaming the poor is just a red herring to keep people from blaming the real culprits.

[chronDiggity]

@eirefrance

What in the fuck? People like me? LOL

I'm 27, I make 57k a year, and I have a mortgage. It's not a government backed mortgage, it's a regular 30 year mortgage.

When all is said and done, I have LESS SPENDING MONEY than what is considered "poor" by today's standards (when you add in government assistance or tax breaks/returns.)

My comment wasn't wrong, and you've twisted it into me blaming all our problems on the poor, an obvious straw man

[eirefrance]

@chronDiggity Well, you say that socialism is for the poor alone, but you claim the govt had nothing to do with your mortgage. That part is wrong on a host of levels (unless your loan is from Vinnie the Shark and your collateral is your knees) and some part of how your comment uses ignorance to vilify the poor as somehow taking from the middle class. Besides being wrong, its mean-spirited and misdirected.

[chronDiggity]

@eirefrance

They DO take from the middle class! Have you lost your mind!? Who do you think pays taxes? I didn't say socialism is for the poor alone, I clearly said it was for the rich too, as made even more apparent by stories like this.

You say the government helped me with my mortgage. You are equating a normal home purchase to a free handout from the government. That's a stretch. You're basically saying ANY help whatsoever from the government is welfare. Get a real argument.

[eirefrance]

@chronDiggity I'm not equating your mortgage to anything. You're reading it that way because you're an ideologue. Socialism, to you, denotes some sort of evil, and I'm trying to tell you that socialism is everywhere, and the middle class do benefit from it. The only time there has ever been a real middle class was when FDR's true redistributive policies helped create it. But having a middle class costs the rich. The failing of the middle class has nothing to do with the poor.

[chronDiggity]

@eirefrance

Well I'm specifically talking about the welfare state, not socialism in terms of things like roads, police, or mortgages, which btw I do not have a federally insured mortgage. It's a regular 30 year fixed loan, and the government is responsible for inflating the housing market anyway, so whatever assistance they are now giving doesn't much count now does it?

Why the hell can't I get food stamps? I'm starving. I've lost 30 lbs in a year.

[chronDiggity]

@eirefrance

BTW, to your "using ignorance to vilify the poor" comment, you literally just equated my mortgage to welfare, and you claim I'M ignorant!??

I'm not vilifying the poor, I'm vilifying the welfare state. Stop with these blatant straw man arguments about me trying to place all blame for our countries problems on the poor. Socialism for the rich and for corporations far exceeds the cost of socialism for the poor.

[eirefrance]

@chronDiggity I didn't literally equated your mortgage to welfare. I said your mortgage exists because of govt involvement. You could argue that govt has made it worse, but that would extremely hard to back up.

I agree with you on the socialism for the rich. I'm sorry if I misunderstood, but too often these days it seems like people blame the poor for the country's problems. The whole point of govt is that its supposed to work for everyone and I agree it isn't.

[Xenthoid]

@chronDiggity "Socialism for the rich, socialism for the poor, dick in the ass for them middle class." But you see, those people are who need it the most.

[ShadowSandy]

@chronDiggity Welfare is just there to keep the poor compliant and silent. It is the bread of the famed bread and circuses. The drugs they ship in count as the circus. =P

[chronDiggity]

@ShadowSandy

Which is all the more reason to get rid of it lol. ALL of it. The amount of money I pay in taxes each month is almost equal to my mortgage payments, and I don't get ANY assistance from the government, meanwhile rich people have their home insurance covered and their houses rebuilt despite of the idiotically destructive location, and the poor qualify for all sorts of things, from grants for college, to free food!

As a single lower middle class white male, I'm getting SCREWED.

[ShadowSandy]

@chronDiggity I dont disagree with you. ;) Those on welfare are too blind to see that it controls them. That the reason we cannot have actual positive change in this country is because they are manipulated so greatly by it. They just keep voting for the scum that promises them more money. They are the foothold of the authoritarians, even when they scream "f**k the police".