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Social study - Essay Example

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Dr, Parenti observed the behaviors of the rich and famous people in the U.S and noticed that, in the society and government the rich still need…
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Social study
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Social study

Download file to see previous pages... These are general programs that are created to form a financial defense to organizations in the society. They are association created to act as a helping hand in times of financial stretches. The federal bailouts are mostly useful to prevent a downfall of an association in case insolvency and bankruptcy may have given signs of taking place (Parenti, p. 60).
Dr. Parenti noticed the highly repeated habit of the rich venturing in the government’s money that the state has collected and mostly lending or giving the rich people in their social or financial associations as bailout to help them step out of financial crisis and make more money. This brings home the facts that the rich need more money to make greater wealth. On the same platforms the poor association can never begin the same bailing out chance, and yet through their daily taxes they are able to get bailing out help. According to Parenti (65-66), helping the rich in times of greedy is an unfair opportunity given to the common man.
Yes, there is a connection between the two. The According to Parenti, a common man creates and develops welfares that run in the community to a stage that they can participate as bailing out corporations. In this regards the rich men come in to political arenas and aspire to take the common association for their own political benefits at the end of the day (Parenti, p. 65), notes. Here when such a situation arise, the welfare for the is highly evident because at this point the politician who needed a financial boast towards his or her political career is uplifted through a financial boast from the welfare.
It can therefore be noted that politicians are highly connected to the welfares that are top in performance because they are the backup and bailout plan whenever they need are in financial crisis. Bai (1) points out that the highly respectful people in the society have to protect their political image at all times even if ...Download file to see next pagesRead More
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