snip
They just can't
seem to understand that corporations are supposed to make a profit.
snip
And therein lies the tale.

(1) Despite all their claims, based on the amount of income taxes
and other taxes they pay, it appears most American corporations
are generating little or no profits but lots of hot air, which
admittedly will make a balloon rise for a while. Either there
were no profits, or as a group, they pay income and other taxes
at rates far below those of a single mother working for minimum
wage.

(2) For the most part, American corporations pay no dividends,
so it is impossible to determine if they actually earned any
"coin of the realm," or stuffed their cash box with kited checks
and called that income.

(3) It appears in many cases that current corporate management
is running what is called a "bust-out scam" when you and I do it.
Basically, you get control of a going business with a good credit
rating, borrow to the max, liquidate any assets for cash, siphon
off all the assets by paying yourself a huge salary and bonus,
and then walk away when the business goes into receivership.
"Crazy Eddie," the New York City electronic discounter is doing
10 to 20 for this. Nothing but a 'bust-out scam" makes any sense
when a company sells their products for less than the cost of
production, i.e. General Motors and Ford.

(4) In 1960, President Kennedy observed, "A rising tide lifts
all boats." The underlying syllogism was (1) When American
corporations do well, America does well; and (2) When America
does well, Americans do well, with the implicit understanding
that "Americans" means the majority of the citizens.
Unfortunately, this is 2005. There are no more American
corporations, merely corporations domiciled in America, thus when
these corporations do well there is no assurance that America
will do well. Even if America does well, there is no assurance
the majority of citizens will do well, because the implicit
definition of "Americans" continues to become evermore limited to
a shrinking socio-economic elite.

(5) It is not clear why the people [should continue to] accept
Darwinian/Capone capitalism as their socio-economic system. No
modern countries allow diseases such as smallpox, plague, TB,
etc. to rage unchecked. On the macro level public health
measures are enforced and at the individual level immunization of
children is mandatory. Governmental development of
infrastructure such ports, canals, and irrigation systems is
accepted. Even the environment is controlled through central
heating and air conditioning at the individual level and the EPA
controls pollution at the macro level.