by brasch, Fri Oct 21, 2011 at 06:27:58 AM EDT
by Walter Brasch
“Got any idea how to make a frozen daiquiri?”
Saturday. 6 a.m. A question no one else would have asked at that hour. I knew it had to be Marshbaum, my faux-friend foil.
“Too early to be drinking,” I mumbled, then hung up. The phone rang again.
“It’s not for me,” said Marshbaum, but since I’m going to own a bar, I should learn how to make drinks.”
“Marshbaum,” I said, reluctantly awake, “you can’t even afford to buy soap to wash your fuzzy navel! How are you going to afford a bar?”
“The government’s going to bankroll me,” he said matter-of-factly.
“New kind of welfare?”
“Old kind of subsidies,” said Marshbaum. “First thing those Santa Clauses in the red ink suits are going to do is to help me find an appropriate location.”
“Something available in Afghanistan?” I asked.
“It’s called exploration subsidy. Thanks to those patriotic pure-bred Republicans who just blocked the President’s proposal to eliminate $2 billion in subsidies a year to oil, gas, and coal companies, all I have to do is say I want to build my bar over a proposed but hidden coal vein. Doesn’t even matter if there’s coal or not. All I have to do is say I think there may be coal. Later, I get a low-interest small business loan, build the bar, and deduct the mortgage interest from my income taxes.”
“That deduction is meant to allow the common person the right of home ownership.”
“And what’s more common than taking someone else’s money? Besides, it isn’t the middle-class that gets most of the benefit.” He explained that almost 100 percent of everyone with at least a $100,000 mortgage takes the interest deduction, while fewer than 20 percent of Americans below the poverty line get federal rental subsidies.
“You’ll still have to pay property taxes,” I reminded him. He reminded me that it didn’t matter.
“Most local and state governments will be so happy to have me build a business and hire minimum-wage bar girls, they’ll probably waive my taxes the first year or two and then give me tax rebates for a couple of more years.”
“O.K., for awhile you have a cheap bar. How are you planning to keep the lights on?”
“Electric companies save about $210 million a year when they buy electricity below cost from the federal dams. I just tap in on some low-voltage energy.”
“Even with cheap utilities, you’ll still have problems keeping it going.”
“Only problem I’ll have is deciding which line on the income tax form is for deductions for advertising, dinners, and research at the country club.”
“I suppose you have other scams?”
“Other subsidies, just like everyone else,” said Marshbaum snippily correcting me.
“The government pays farmers about $20 billion a year to grow feed grains to assure there will be an adequate supply. I plan to get some of those bucks by selling malt liquor. Rye. Barley. Wheat. Corn. It’s the Basic Four food groups. I can even water down my drinks since the government also provides about $400 million a year in water subsidies.”
“The agriculture subsidy program was begun during the Great Depression to benefit poor farmers who—” Before I could finish, Marshbaum interrupted.
“It’s true that the largest 10 percent of the corporate farms get over 75 percent of the subsidies. But, as a poor struggling farmer, I may get $500. That’s still money in the pocket.”
“So, you’re saying that the government wants you to sell more drinks?”
“And less too,” he said. “There’s far too many of those nauseous appletinis. I might be able to get a government subsidy not to grow apples or tinis.” He thought a moment. “Maybe I can feature kahlúas. The government has a minimum price on milk. I may even get NAFTA trade concessions for my Friday Night Margarita promotions. Olé, y’all!”
“Aren’t you just blowing a lot of smoke past me?”
“Smoke,” said Marshbaum, “will fill my bar. It’s the least I can do to help the tobacco cartel, which gets about a billion dollars a year. I’m sure the tobacco growers would want me to have several cigarette machines in my bar.”
“And what happens when the bar fails. Your business record is as bad as cheap vinyl on a 50-year-old 45.”
“I expect to fail,” said Marshbaum. “It’s all part of my business plan.”
“Why would you want to fail?” I naively asked.
“So I can get money to keep from failing even more. Three trillion went to financial institutions. I figure I should get something for being greedy and a failure. That’s the American way!”
“Even if all of what you said is true, President Obama has been trying to reduce subsidies to the rich and to eliminate most of the annual $100 billion in corporate welfare.”
“As long as the Republicans control Congress,” said Marshbaum, “the American way of life will be preserved. Want a drink now?”