Comment 55782

By jason (registered) | Posted January 11, 2011 at 18:58:54

umm, Improve the Hammer. Your analogy is close but no cigar. Try this for a better example:

I'm a condo developer looking to build a new building and sell units in Hamilton. However, I strike gold and get the City of Hamilton to pay for the entire construction of MY building, and then I get to sell all the units and rake in all the profit. Oh, and if the market ever changes and I start losing money month to month, I'll just go back to the city and have them bail me out so I don't ever have to worry about losing money.

It's called corporate welfare.

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