the energy market is a perfect example. oil companies get a subsidy (tax breaks and such), one that was initially created to encourage oil exploration. now, the world runs on oil, oil companies make billions of dollars and yet they still get subsidized. now, to make it “fair” for alternatives, they too get a subsidy…
like… wtf! same thing for gamblers… cough, “investors”. meanwhile, market manipulation runs rampant…
boa’s tax benefits may turn out to be godly… countrywide losses over ~1.35 billion are eligible for unlimited tax write offs… considering the massive amount of mortgage losses countrywide may take, the 4 bil purchase price could be the greatest deal of the century.
