Any energy project that produces more energy than it consumes (fracking, natural gas, coal, etc.) will be vetoed.
Any energy project that consumes more energy than it produces (solar, wind, bioreactors, etc.) will have billions of dollars thrown at them that will wind up in the pockets of crony capitalists with nothing to show for it.
Any questions?
I agree, and no, no questions.
But can we stop using the term “crony capitalist?”
True capitalists respect the markets, obtain their own initial capital for investments, understand that there must be competition for those markets to be free, and are willing to lose if they take a chance and fail.
Those that collude with the government do so to obtain taxpayer money as their investment money, to control a monopoly, to eliminate choice from by those in the market, and want their losses to be paid for by the taxpayer.
There is nothing “capitalist” about them, except the worst definition of that term, which is the definition the left is trying to associate with capitalists (greedy, thieving, monopolists).
It was a mistake when Palin coined or popularized this term.
Those that collude with the government for the above reasons leave the ranks of capitalists and technically they are fascists, but the US citizenry is so illiterate they will not understand that term.
So we must change the language to control the argument and the perception.
We must not allow them to associate the evil that those who collude with the government with capitalism. It belongs with the socialists/statists/fascists/communists.
The better and more accurate term is “Corporate Socialists.”