IMHO, Bankers who used federal bailout money to pay themselves bonuses are today's welfare queens. Definition from Wikipedia:
A welfare queen is a pejorative phrase used in the United States to describe people who are accused of collecting excessive welfare payments through fraud or manipulation. Sensational reporting on welfare fraud began during the early-1960s, appearing in general interest magazines such as Readers Digest. The term entered the American lexicon during Ronald Reagan's 1976 presidential campaign when he described a "welfare queen" from Chicago's South Side.Here's a link to lyrics from Guy Drake's 1970 country-western song, Welfare Cadillac. Just substitute "rich folks" for poor folks, and "mansion" or "penthouse" for shack, and it works for Wall Street executives...
Well, I've never worked much
In fact, I've been poor all my life
I guess I really own is
Ten kids and a wife
This house is a lived in mine
But it's really a shack
But I always managed somehow
To drive me a brand new Cadillac
Backdoor steps
They done fell plum down
Front screen door's off and laying
Somewhere out there on the ground
Wind just now whupped another piece
Of that old tar roofing off the back
Sure hope it don't skin up that new Cadillac
Front porch ?, they're loose at the bottom
It don't make no sense to fix them
Cause that floor just too darn rotten
Wintertime, we sometimes have some snow
That blows in through the cracks
It gets too bad, we just all pile up
Sleep out there in that new Cadillac
I know the place ain't much but
I sure don't pay no rent
I get the check the first of every month
From this here federal government
Every Wednesday, I get commodities
Sometimes, four or five sacks
Pick em up down at the welfare office
Driving that new Cadillac
Some folks say I'm crazy
And I'd even been called a fool
But my kids get free books and
All them there free lunches at school
We get peanut butter and cheese
And, man, they give us flour by the sack
Course, them welfare checks
They make the payments on this new Cadillac
The way that I see it
These other folks are the fools
They're working and paying taxes
Just to send my youngins through school
Salvation Army cuts our hair and
Gives us the clothes we wear on our back
So we can dress up and ride around
And show off this new Cadillac
But things still gonna get better yet
At least that's what I understand
They tell me this new President
Put in a whole new poverty plan
Why, he gonna send us poor folks money
They say we gonna get it out here in stacks
In fact, my wife's already shopping around
For her new Cadillac
