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The New Welfare Queens
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3-22-2009 3:45 PM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/dbddfc67-f4ec-4157-92d8-49e48ad3bae9/5676A440-D571-4214-945F-27208C038E0B/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.thedailybeast.com/blogs-and-stories/2009-03-21/the-new-welfare-queens/" href="http://www.thedailybeast.com/blogs-and-stories/2009-03-21/the-new-welfare-queens/" style="font-size: 11px;">www.thedailybeast.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thedailybeast.com/blogs-and-stories/2009-03-21/the-new-welfare-queens/"><SPAN> <SPAN class="article_img float_right"> <IMG width="174" src="http://www.tdbimg.com/files/2009/03/21/img-bs-top---avlon-welfare-queens_081429650209.jpg" alt="BS Top - Avlon Welfare Queens" class="" /> <DIV class="photo-credit">Clockwise from Top L: Getty; AP; Getty; Reuters</DIV> <DIV class="caption">Amanda Rivkin/AFP/Getty</DIV> </SPAN>Forget the old scare stories of the poor defrauding the government. John Avlon says the great entitlement grab in history is coming from bankers, the new symbols of government dependency.</SPAN></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thedailybeast.com/blogs-and-stories/2009-03-21/the-new-welfare-queens/">The greatest entitlement grab in American history has come from the least likely of places—not the welfare queen, the poster child of government dependency, but Wall Street.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thedailybeast.com/blogs-and-stories/2009-03-21/the-new-welfare-queens/">The original welfare queen was the oft-cited star of one of Ronald Reagan’s favorite anecdotes from his 1976 campaign. “She has 15 names, 30 addresses, 12 Social Security cards, and is collecting veteran's benefits on four non-existing deceased husbands,” the Gipper said in genial tones. “She is collecting Social Security on her cards. She's got Medicaid, getting food stamps, and she is collecting welfare under each of her names.”</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.thedailybeast.com/blogs-and-stories/2009-03-21/the-new-welfare-queens/"><SPAN class="PullQuote">Now we’ve got populist anger at big business <EM>and</EM> big government. It’s a perfect political storm.</SPAN></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/5676A440-D571-4214-945F-27208C038E0B/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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