Keyword: cronycapitalism

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  • Forestry Company Sues Greenpeace Under Anti-Mafia Law For Conspiracy

    05/31/2016 4:43:35 PM PDT · by george76 · 21 replies
    Daily Caller News Foundation ^ | 05/31/2016 | Andrew Follett
    A forestry company filed a civil Racketeer Influenced and Corrupt Organizations (RICO) lawsuit against Greenpeace Tuesday for misrepresenting the company’s environmental record to raise funds and promote its agenda. Greenpeace knowingly and deliberately made false claims about the company while fundraising, and fabricated evidence of Resolute’s alleged environmental malfeasance, according to the forestry and paper company Resolute Forest Products. RICO is an anti-mafia law designed to combat organized crime. Greenpeace’ is a global fraud,” states the 124-page legal complaint. “For years, this international network of environmental groups collectively calling themselves ‘Greenpeace’ has fraudulently induced people throughout the United States and...
  • A Sneaky Corporate Welfare Balancing Act

    05/19/2016 12:05:33 PM PDT · by Kaslin · 18 replies
    Townhall.com ^ | May 19, 2016 | Veronique de Rugy
    Corporate welfare takes many forms: a tax break to a particular industry, a tariff against foreign sugar producers to shelter domestic producers from competition, a loan guarantee program for exporters, etc. It can also take the form of lawmakers forcing the Department of Defense to provide New Balance athletic shoes -- and only New Balance athletic shoes -- for new military recruits. This story is actually worse than it sounds. Let's start from the beginning: Did you know that the military is required to buy uniforms and boots that are made in the USA? Aside from the unintended effects of...
  • Trump: Transgender people can use whatever bathroom they want

    04/21/2016 7:34:21 AM PDT · by BradtotheBone · 246 replies
    Politico ^ | 04/21/2016 | NICK GASS
    Transgender people should be able to use whatever bathroom they want, Donald Trump said Thursday. "Oh, I had a feeling that question was going to come up, I will tell you. North Carolina did something that was very strong. And they're paying a big price. There's a lot of problems," the Republican presidential candidate said during a town hall event on NBC's "Today." Referring to comments from an unnamed commentator who on Wednesday said North Carolina should "leave it the way it is right now," Trump said he agreed. "Leave it the way it is. North Carolina, what they're going...
  • Donald Trump's Unusual Plan to Lower the National Debt: Sell Off 19 Trillion In Government Assets

    04/03/2016 2:28:33 PM PDT · by drewh · 524 replies
    NBC News ^ | 4 hours ago | by ANNE THOMPSON and CHRISTINA COLEBURN
    As president, Donald Trump would sell off $16 trillion worth of U.S. government assets in order to fulfill his pledge to eliminate the national debt in eight years, senior adviser with the campaign Barry Bennett said. "The United States government owns more real estate than anybody else, more land than anybody else, more energy than anybody else," Bennett told Chris Jansing Sunday on MSNBC. "We can get rid of government buildings we're not using, we can extract the energy from government lands, we can do all kinds of things to extract value from the assets that we hold." In a...
  • Trump Says His 'Rich' Muslim Friends Could Enter Country Under A Ban

    When pressed by Matthews, Trump added, "I have, actually, believe it or not, I have a lot of friends that are Muslim and they call me. In most cases, they're very rich Muslims." "But do they get into the country?" Matthews then asked. "Oh, they'll come in," Trump responded, later adding that the ban will have exceptions.
  • Donald Trump Says Proposed Muslim Ban Would Not Apply to His Rich Friends

    03/31/2016 5:28:56 PM PDT · by 2ndDivisionVet · 137 replies
    Yahoo! News ^ | March 31, 2016 | Zak Cheney-Rice, Mic
    Breathe easy, America. Before you judge Donald Trump's proposed Muslim ban too harshly, consider this: It will not apply to Muslims who are, A. Donald Trump's friends, and B. rich. Feel better? The Republican presidential candidate, with a totally straight face, told MSNBC's Chris Matthews on Wednesday that he has "a lot of friends that are Muslim," many of whom are "rich" and would get special treatment to let them in the country....
  • Clinton Foundation Corruption News (Weekly Update)

    03/26/2016 11:51:31 AM PDT · by jazusamo · 26 replies
    Judicial Watch ^ | March 25, 2016 | Tom Fitton
    Judicial Watch Reveals More Benghazi, Clinton Foundation Corruption Cover-up on American POWs in Cuba?Clinton Email Scandal PanelJudicial Watch Reveals More Benghazi, Clinton Foundation Corruption This has been an important week in our continuing investigation of Hillary Clinton’s time as secretary of state. We are uncovering critical links between her official duties and the private interests of her family’s foundation. The 276 pages of internal State Department documents we released this week reveal that within two days of the deadly terrorist attack on Benghazi, Mohamed Yusuf al-Magariaf, the president of Libya’s National Congress, asked to participate in a Clinton Global...
  • Job totals trail pre-recession levels in 10 US states

    03/25/2016 9:22:44 AM PDT · by Olog-hai · 6 replies
    Associated Press ^ | Mar. 25, 2016 12:18 PM EDT | Christopher S. Rugaber
    Ten U.S. states still have not regained all the jobs they lost in the Great Recession, even after six and a half years of recovery, while many more have seen only modest gains. […] Wyoming had 3 percent fewer jobs last month than it did in December 2007, when the recession began, the Labor Department said Friday. That is the biggest percentage decline among the states. Alabama's job total trails its pre-recession level by 2.7 percent, followed by New Mexico, where job totals are 2.6 percent lower. Some larger states are also still behind. New Jersey has nearly 1 percent...
  • Major businesses stand against NC anti-discrimination law

    03/24/2016 9:06:55 PM PDT · by Olog-hai · 22 replies
    Associated Press ^ | Mar 24, 2016 10:02 PM EDT | Emery P. Dalesio and Gary D. Robertson
    Corporations expressed disappointment Thursday and the NCAA vowed to monitor what North Carolina does next now that the state has banned any local government measures protecting people from discrimination on the basis of sexual orientation and gender identity. American Airlines, which operates its second-largest hub in Charlotte; IBM and Biogen, which have facilities in the state’s Research Triangle; and payments processor PayPal, which had announced plans to hire 400 people in Charlotte only last week, were among major employers condemning the new law. The legislature called a special session Wednesday to void a Charlotte ordinance that would have enabled transgender...
  • The Lives of Americans, The Livelihoods of the Drug Companies: Donald Trump Points the Way ...

    03/07/2016 6:53:37 PM PST · by Rockitz · 41 replies
    Breitbart.com ^ | 7 Mar 2016 | James P. Pinkerton
    Did you notice that Donald Trump, speaking in Florida on the night of March 5— fresh from victories in two of the four states that went to the polls on Saturday— cited “pharmaceuticals” as villains to be brought to political justice? In fact, in recent weeks the populist mogul has attacked the drug industry repeatedly, in terms that might seem unfamiliar for a Republican—any Republican, that is, other than the consciously iconoclastic Trump. ... To be sure, most of Trump’s 2016 campaign healthcare plan is in keeping with orthodox Republicanism. Most obviously, he urges the “full repeal” of Obamacare. Yet...
  • Video: What exactly is crony capitalism, anyway?

    02/22/2016 5:48:05 PM PST · by Kaslin · 25 replies
    Hot Air.com ^ | February 22, 2016 | ED MORRISEY
    We hear the term “crony capitalism” get tossed around a lot but … what does it actually mean? We should find out soon, considering that the current Republican front-runner has been held up as an example of a practitioner of the art. It’s a little more complex than just twisting arms on zoning codes, though, and Prager University engaged Jay Cost to explain the corrosive corruption the term signifies: What is Crony Capitalism? Capitalism is moral because it is premised on a voluntary exchange between independent parties - who agree to the deal only because it creates value for everybody....
  • Tyler, Texas: Intersection of Patent Litigation Venue Abuse and Crony Capitalism?

    02/22/2016 4:21:51 PM PST · by Kaslin · 7 replies
    Townhall.com ^ | February 22, 2016 | Timothy Lee
    Of all the threats to free markets, two of the most dangerous are today having an adverse impact on the justice and viability of our patent system. The concept of "venue" plays a critical role in our judicial system in ensuring fairness and due process for litigating parties. Furthermore, it is widely accepted that a company should not be able to attain business success through relationships with government officials alone. However, those who wish to abuse our current patent system for their own advantage are exploiting local laws and loopholes to undermine small businesses and the country's economy as a...
  • Trump Owned By Wall Street

    02/19/2016 10:35:07 AM PST · by GodGunsGuts · 79 replies
    The Blaze ^ | February 19, 2016
    Trump is Owned by EVERY Bank on Wall St. (Except Citi, Who He Stiffed for $300M)...
  • The Liberal Gilded Age

    02/16/2016 10:02:05 AM PST · by Bratch · 1 replies
    The Washington Free Beacon ^ | September 14, 2014 | Jay Cost
    The vision embedded in the Founding documents of the United States was of a free and equal people. At the time of the nation’s founding, this was not so much a fantasy but—with the obvious and inhumane exception of slavery—empirical reality. Class distinctions were extant, but they were not necessarily pronounced. The same was true of inequality in wealth and status. Northeastern financial families like the Schuylers had an edge over the yeoman farmers of Shenandoah Valley, of course, but it was nothing compared to the rigid class divisions in continental Europe. The same seemed true for the nation for...
  • After 9/11, Trump Took Money Marked for Small Businesses

    02/16/2016 4:23:57 AM PST · by Entrepreneur · 47 replies
    The Weekly Standard ^ | 2/15/16 | Michael Warren
    Here's the story. Not long after 9/11, the World Trade Center Business Recovery Grant program was established to help small businesses recover and rebuild. The program disbursed hundreds of millions of dollars through a New York state development corporation in the years following the attacks... ...the New York Daily News ran an investigative piece about how the program had awarded grants to companies and subsidiaries that hardly seemed like "small businesses." Among them were Dell, Morgan Stanley, and, yes, Donald Trump... ...as Trump said immediately following 9/11, none of his properties were directly damaged by the attack on the World...
  • Clinton rolls out energy efficiency plan - 1/3 reduction in energy waste in 10 years

    02/02/2016 10:29:57 PM PST · by Cincinatus' Wife · 40 replies
    The Hill ^ | February 2, 2016 | Devin Henry
    Hillary Clinton's presidential campaign Tuesday rolled out a plan to increase building energy efficiency standards as a way to cut emissions and save on energy costs. The plan, her campaign said Tuesday, looks to improve building codes, provide more information about buildings' energy usage and expand appliance energy labeling as ways to reduce energy consumption. The proposal would save households and businesses $70 billion, or $600 per household, annually if implemented, Clinton's campaign said, and reduce taxpayer spending on energy in federal buildings by $8 billion. Its goal is a one-third reduction in energy waste within ten years. The far-reaching...
  • Chamber of Commerce vs. Senator Ted Cruz?

    01/22/2016 12:54:15 PM PST · by Isara · 17 replies
    Conservative Review ^ | January 22nd, 2016 | CR Staff
    Chamber of Commerce operatives may be behind the effort to shift support from Senator Ted Cruz (R-Texas) to billionaire Donald Trump.  One needs to look no further than establishment mouthpiece John Feehery to find evidence.The smoking gun appeared in the New York Times: Trump won’t do long-lasting damage to the G.O.P. coalition,” said John Feehery, a Capitol Hill aide turned lobbyist. “Cruz will." In 2010, Think Progress exposed Feehery for being a paid shill for the Chamber of Commerce. The Hill nor any of television outlets Feehery appears on disclosed the fact that Feehery’s public relations firm, The Feehery Group, counts the U.S. Chamber...
  • Cruz attack ad: Trump got rich from 'seizing private property'

    01/22/2016 8:53:49 AM PST · by GodGunsGuts · 191 replies
    The Hill ^ | January 22, 2016 | Rebecca Savransky
    ... The ad goes on to say that Trump bulldozed the home of an elderly widow in Atlantic City to build a limousine parking lot at his casino. "Trump won't change the system. He's what's wrong with it," it says in the end. Cruz tweeted his ad Friday morning saying "It's time we change the system and break the #WashingtonCartel -- together!" ...
  • Branstad’s Ethanol Attack on Cruz: Will Iowans Choose Politics or Principle?

    01/21/2016 11:57:58 AM PST · by Cincinatus' Wife · 42 replies
    The National Review ^ | January 21, 2016 | Jeremy Carl
    Cruz tries for a respectable showing in Iowa with Trump and the governor against him There are few things that energy-policy experts of all political stripes can agree on - but one of them is that mandates and subsidies to promote the use of corn ethanol (a policy first implemented by Jimmy Carter) are wasteful boondoggles that harm our environment and food supply while imposing billions of dollars of hidden costs on consumers. However, most energy-policy experts are not running for president in the Iowa caucuses. Ted Cruz, however, is running in the Iowa caucuses, and this week he found...
  • GE, Massachusetts, and the Corruption of Crony Capitalism

    01/20/2016 8:12:39 AM PST · by Kaslin · 27 replies
    Townhall.com ^ | January 20, 2016 | Jeff Jacoby
    As General Electric gears up to move its headquarters from Fairfield, Conn., to Boston, the people and communities being left behind are dreading the pain to come. John Engel, a real estate agent and town councilor in nearby New Canaan, told public radio's "Marketplace" that the departure of 800 GE executives, most of whom will likely list their homes for sale, will send the local housing market staggering. Once the region loses millions of dollars in disposable income, it will ineluctably lose much of the business those dollars sustained. There will be fewer patrons to fill local restaurants, for example,...
  • ICYMI: Donald Trump Booed in South Carolina for attacking Ted Cruz

    01/16/2016 7:44:48 PM PST · by Isara · 54 replies
    Cruz News ^ | January 16, 2016
    "Donald Trump can typically do no wrong - until he attacks Ted Cruz."HOUSTON, Texas — Today, at a rally held in Myrtle Beach, SC, New York billionaire Donald Trump attempted to attack Ted Cruz using a New York Times hit piece and was booed by the crowd. Watch the video here:Donald Trump Booed for Attacking Ted Cruz (Video)NBC News: Donald Trump Booed By Conservative Crowd After Attacks on Ted Cruz Among conservatives, Donald Trump can typically do no wrong - until he attacks Ted Cruz.On Saturday, Trump drew boos from a grassroots conservative crowd during remarks at the South Carolina...
  • Chamber of Commerce: Administration on a ‘Regulatory Tear’ Til the Moving Van Backs Up to the…

    01/14/2016 11:53:00 AM PST · by Olog-hai · 6 replies
    Cybercast News Service ^ | January 14, 2016 | 2:13 PM EST | Melanie Hunter
    In a State of American Business address, U.S. Chamber of Commerce President and CEO Thomas Donohue said Thursday that the Obama administration is on a "regulatory tear" that will continue until President Barack Obama leaves the White House. [...] ... "How do we know? They've been telling us every day since the first of the year. It has unleashed a runaway EPA that has been stretching the law, and in some cases, breaking it in order to consume control over the local economic development across America," he said. ...
  • US Chamber announces support for TPP

    01/06/2016 11:33:36 AM PST · by jimbo123 · 18 replies
    The Hill ^ | 1/6/15 | Vicki Needham
    The U.S. Chamber of Commerce is throwing its weight behind President Obama's Trans-Pacific Partnership (TPP), a trade agreement between the United States and 11 other nations. -snip- The Chamber is the third business group to offer support for the deal this week, joining the National Association of Manufacturers and the Business Roundtable.
  • Renewable Cronyism

    12/29/2015 5:50:19 PM PST · by Isara · 11 replies
    PowerLine ^ | December 29, 2015 | Steven Hayward
    I take a more benign view than most conservatives of some of the dreadful budget compromises of the recent omnibus, because spending packages are always going to contain a lot of give and take. Better to look at the long game, to judge if any small victories or compromises may make possible better outcomes down the road. Such small details are as unsatisfying as cold peas, and often don't pan out, or get lost in the shuffle. But I think expecting Paul Ryan to turn around Congress in three months was more than a but unrealistic.Much worse in my mind...
  • Nevada governor signs $335M deal to lure electric carmaker (Faraday Future; backed by Red China)

    12/20/2015 5:37:16 PM PST · by Olog-hai · 10 replies
    Associated Press ^ | Dec 19, 2015 9:15 PM EST | Michelle Rindels
    Nevada Gov. Brian Sandoval approved a $335 million incentive package to attract upstart electric carmaker Faraday Future's billion-dollar factory to a hard-hit Las Vegas suburb, even though the company has yet to unveil a concept car or bring a product to market. The move came shortly after the Legislature voted overwhelmingly to support the deal Saturday, after a four-day special session in Carson City. Lawmakers learned last week that Chinese billionaire Jia Yueting was backing the secretive California-based company, which employs some former Tesla Motors executives, and that Faraday plans to bring 4,500 direct jobs to Nevada. ...
  • AP-GfK Poll: Majority of Americans favor path to citizenship

    12/17/2015 4:17:39 PM PST · by Olog-hai · 40 replies
    Associated Press ^ | Dec 17, 2015 5:49 PM EST | Emily Swanson
    More Americans favor than oppose a pathway to citizenship for immigrants who are living in the United States illegally, a new Associated Press-GfK poll shows. While most Republicans oppose such a path to citizenship, it doesn't seem to be a dealbreaker issue for them. ...
  • At Least The Yugo Was Cheap... (Tesla disaster)

    12/15/2015 10:12:43 AM PST · by all the best · 55 replies
    Eric Peters Autos | December 10, 2015 | Eric Peters
    Tesla has no more business being in business than Yugo. Which isn’t anymore. So why is Tesla? Because political correctness, crony capitalism – and a hallucinatory desire to believe in a mirage; to refuse to admit that what you think you see in the distance isn’t actually there; that your mind isn’t playing tricks on you. But then, the Yugo was just a bad car. The Tesla is a bad electric car – and the electric part effaces the bad part. Electric cars can do no wrong – to an extent that is quite literally unbelievable. Unless you’ve seen it...
  • DuPont and Dow Chemical are merging to form a $130 billion chemical giant

    12/11/2015 8:40:44 AM PST · by SeekAndFind · 20 replies
    Business Insider ^ | 12/11/2015 | Swetha Gopinath, Reuters
    The chemical giants DuPont and Dow Chemical Co. agreed to merge in an all-stock deal valuing the combined company at $130 billion, with plans to eventually split into three. The deal, which is likely to face intense regulatory scrutiny, allows the new company — to be called DowDuPont -- to rejig assets based on the diverging fortunes of their businesses that make agriculture chemicals and plastics. Dow and DuPont have been struggling to cope with falling demand for farm chemicals because of falling crop prices and a strong dollar, even as their plastics businesses have thrived thanks to low natural-gas...
  • Billionaire Bush donor begins personal anti-Trump campaign (Mike Fernandez, MBF Healthcare Partners)

    12/09/2015 4:06:45 PM PST · by Olog-hai · 23 replies
    Associated Press ^ | Dec 9, 2015 6:37 PM EST | Brendan Farrington
    A billionaire who is backing former Florida Gov. Jeb Bush has launched a personal campaign against fellow billionaire Donald Trump, calling him an insecure, narcissistic bully who needs to be stopped. Mike Fernandez, a Cuban-born major Republican donor from Miami who built his fortune in the health care industry, has bought full-page newspaper ads blasting Trump and planned to run a pro-Latino television ad during Wednesday's GOP debate coverage designed to counter Trump's anti-immigration message. He is also launching a website this week to be called "Stop The Bullyionaire." [...] Fernandez likened the attraction to Trump to the rise of...
  • U.S. House approves highway bill that revives EXIM bank (conservatives screwed again)

    12/03/2015 1:55:17 PM PST · by fifedom · 46 replies
    Reuters ^ | 12/3/2015 | David Morgan
    The U.S. House on Thursday passed a five-year transportation bill that also revive(s) the charter of the U.S. Export-Import Bank, which had been allowed to expire in the face of conservative opposition. the House of Representatives voted 359 to 65. All 65 "no" votes came from Republicans, including lawmakers opposed to the EXIM bank measure. "It proves to the American people that we can get things done," said House Transportation Committee Chairman Bill Shuster, a Pennsylvania Republican.
  • Donors line up behind Kasich Super PAC planning Trump attack

    11/23/2015 5:33:08 PM PST · by 2ndDivisionVet · 25 replies
    Reuters ^ | November 22, 2015 | Emily Flitter
    Nearly a dozen big Republican donors backing different presidential candidates are coming together to help fund an advertising campaign attacking front-runner Donald Trump, who faced sharp criticism from rivals this week for his inflammatory comments about Muslims. Matt David, spokesman for the group planning the attack, a Super PAC called New Day for America, which is supporting Ohio Governor John Kasich's presidential bid, said 10 new donors had pledged money in the two days since Politico reported Thursday evening the group's plans to attack Trump in New Hampshire....
  • 22 Times Obama Admin Declared Climate Change a Greater Threat than Terrorism

    11/15/2015 5:08:55 AM PST · by HomerBohn · 28 replies
    Breitbart ^ | 11/14/2015 | Jerome Hudson
    (watch video at link) ISIS has taken responsibility for the horrifying attacks in Paris that have left more than 150 dead and hundreds wounded. French President Francois Hollande is calling for the closure of his country's borders. President Barack Obama didn't condemn Islamic radicals for the attacks, but he did call them "an outrageous attempt to terrorize innocent civilians" and "an attack on all of humanity and the universal values we share." Friday's deadly attacks thwarted Al Gore's long-planned Paris webcast and star-studded concert to promote climate change awareness. "Out of solidarity with the French people and the City...
  • Obama Lines Up Crony Capitalist Support for Climate Pact

    11/14/2015 8:10:56 AM PST · by HomerBohn · 18 replies
    The New American ^ | 11/13/2015 | William F. Jasper
    With many analysts predicting that the upcoming United Nations Climate Summit in Paris will fail to produce an ambitious, binding global agreement, President Obama is hoping to come to the rescue. He does not want a repeat of the 2009 UN confab in Copenhagen, where he was roundly dissed by his green supporters for "failing to seal the deal." The president has loads of friends on Wall Street. As the grand sugar daddy handing out corporate welfare, Obama has taken the White House pay-to-play game to new stratospheric levels, as even many of his media allies and erstwhile supporters...
  • Why Millionaires Like Hillary Clinton: Here's why the Democrats are the Real Party of the Rich

    11/10/2015 8:40:21 AM PST · by SeekAndFind · 6 replies
    PJ Media ^ | 11/10/2015 | Tyler O'Neil
    Photo courtesy AP Images Hillary Clinton has one key part of the electorate already in the tank for her candidacy — millionaires and CEOs. In Congress, Democrats represent the richest and most unequal districts in America. While liberal pundits attack the GOP as the party of the rich, the real plutocrats are on the other side of the aisle.How can this be? The Democrats rail against the abuses of the "one percent" and run on a platform of reducing income inequality, but the rich continue to support them. Liberals attack unregulated markets, call for unrealistic "green energy" proposals, and...
  • Was That Bernie Blasting Corporate Welfare? Nope. Koch.

    11/03/2015 7:03:35 AM PST · by governsleastgovernsbest · 8 replies
    NewsBusters ^ | Mark Finkelstein
    Who said it? "Get rid of all this corporatism, this corporate welfare . . . I would love to have the government stop this corporate welfare--that's what I want . . . This is a huge racket that's wrecking the country." Did you guess Bernie Sanders? Probably not because you read the headline. Yet no one could be blamed for thinking it was Sanders. But indeed, it was Charles Koch, who said it in an interview with Joe Scarborough and Mika Brzezinski that aired on today's Morning Joe. Charles Koch--one of the infamous Koch brothers that the MSM and Dems...
  • Did GM Get Sweetheart Deal on Homeland Security Vehicles?

    11/02/2015 9:58:45 AM PST · by jazusamo · 18 replies
    NLPC ^ | November 2, 2015 | Mark Modica
    A report by the Office of the Inspector General (OIG) for the Department of Homeland Security has found that the Department’s Federal Protective Service (FPS) division wasted about $2.5 million of taxpayer money in 2014 on an extravagant fleet vehicle program. It is not surprising that images show that the vehicles in question appear to be manufactured by crony company , General Motors. A House of Representatives Subcommittee on Oversight and Management Efficiency, headed by Rep. Scott Perry (R-PA), requested the audit on the FPS’ fleet operation. The report unveils a fleet of 1,169 vehicles which were leased at...
  • ‘We Need an Energy Miracle’ Bill Gates

    11/01/2015 6:39:50 PM PST · by BeauBo · 82 replies
    The Atlantic ^ | Nov 2015 | James Bennet
    "On why the free market won’t develop new forms of energy fast enough: ...Without a substantial carbon tax, there’s no incentive for innovators or plant buyers to switch."
  • Report Traces Jeb Bush’s Ties to Companies That Had Business With Florida

    10/21/2015 4:21:59 PM PDT · by Amntn · 3 replies
    NY Times ^ | 10/21/15 | MATT FLEGENHEIMER and STEVE EDER
    Since announcing his presidential candidacy in June, Jeb Bush has made clear his distaste for officials who trade on their connections. He has assailed the revolving-door culture of Washington, calling for “a little bit of a recession” there to thin the ranks of the permanent political class. He has proposed a strict six-year ban on lobbying for departing members of the House and the Senate.Snip...Yet a review of Mr. Bush’s finances shows that he has built his personal wealth with the help of companies that had business interests with Florida while he was governor, and that singled out his political...
  • 81 Major Corporations […] Sign WH Pledge to Back Global Climate Change Deal (truncated)

    10/20/2015 10:08:22 PM PDT · by Olog-hai · 40 replies
    Cybercast News Service ^ | October 20, 2015 | 5:21 PM EDT | Mairéad McArdle
    Eighty-one major corporations with operations in the U.S.—including Google, Facebook, Apple, Coca Cola and General Motors—have taken a White House pledge “to demonstrate their support for action on climate change and the conclusion of a climate change agreement in Paris that takes a strong step forward toward a low-carbon, sustainable future.” Signing the White House’s American Business Act on Climate Change Pledge shows a continuing commitment to action preventing global warming and is intended to set an example for other companies to pursue similar policies, according to a statement released by the White House. It also shows the signatories’ support...
  • TPP would gut US border controls, Constitution (ISDS)-- Obama's backdoor open-borders amnesty

    10/10/2015 3:33:10 PM PDT · by Javeth · 58 replies
    For Effective Government ^ | 6/3/2015 | Scott Klinger
    The TPP, like many treaties before it, embraces the Investor-State Dispute Settlement process (ISDS), which allows corporate actors to sue sovereign nations to seek compensation for rules or regulations that impede the corporation’s ability to maximize profits. Unlike national courts that commonly allow corporations to sue to recoup actual investments, ISDS insists that corporations be compensated for expected profits, sometimes profits they anticipate decades into the future. The ISDS process is one-sided and undemocratic. Corporate claims against sovereign states are heard in special courts overseen by a handful of judges, most of whom are corporate lawyers. Once the ISDS panel...
  • Congressman Stephen Fincher: From Tea Partier to corporate welfare champion (Ex-IM Bank)

    10/10/2015 12:38:33 PM PDT · by VinL · 24 replies
    WashExaminer ^ | 10/2/15 | Tim Carney
    Washington corrupts, and Congressman Stephen Fincher is proof... It would be an understatement to say Fincher has come to terms with boondoggles and special interests. Fincher, once an opponent of the Export-Import Bank —a federal agency that subsidizes foreign buyers of U.S.-made goods — now is trying to undermine his party's leadership by teaming up with Nancy Pelosi and her party in order to reauthorize Ex-Im Bank.... Fincher has raised a quarter-million for his re-election, according to his most recent campaign finance filing...... More than 99 percent of the money powering Fincher's re-election bid comes from political action committees (almost...
  • Obama Unilaterally Rewrites Immigration Law --- Again

    Last week Senate Judiciary Committee chairman Chuck Grassley hit back against Obama’s Department of Homeland Security (DHS) after the agency pushed through, during a congressional recess, a major immigration item that has long been on the technology lobby’s wish list. According to a new “policy memorandum,” Obama’s immigration authorities will now be redefining the term “specialized knowledge” as it applies to the L-1B visa, a program previously aimed at bringing over highly sought-after “intracompany transferees” from American firms’ affiliated companies abroad. No doubt burned by Congress’s “stubborn” refusal to raise the cap on annual cap on H-1B visas (which are...
  • Obama using business CEOs meeting to apply budget pressure

    09/16/2015 1:52:12 PM PDT · by Olog-hai · 4 replies
    Associated Press ^ | Sep. 16, 2015 4:44 PM EDT | Kevin Freking
    President Barack Obama urged Congress on Wednesday to avoid another contentious budget showdown and warned that the economy would take a hit if the government shuts down again. Obama blamed Republicans for the shutdown two years ago and made clear he would so again if it comes to that. “You’ll recall two years ago Republicans shut down the government because they didn’t like Obamacare. Today, some are suggesting the government should be shut down because they don’t like Planned Parenthood,” Obama said. “That’s not good sense, and it’s not good business.” A partial shutdown will occur Oct. 1 unless lawmakers...
  • Justice Dept. encourages prosecutions of corporate execs

    09/09/2015 7:27:13 PM PDT · by Olog-hai · 16 replies
    Associated Press ^ | Sep 9, 2015 9:34 PM EDT | Eric Tucker
    The Justice Department issued new guidance to its prosecutors on Wednesday, aimed at encouraging more white-collar criminal cases against corporate executives. The new policies come amid persistent criticism that the Justice Department, even while negotiating multi-billion-dollar settlements with large banks, has not been aggressive in prosecuting individuals for financial misconduct—including after the mortgage crisis that devastated the U.S. economy. The policy changes were outlined in a memo issued to Justice Department attorneys and to the FBI, and Deputy Attorney General Sally Yates was expected to discuss the issue in a speech Thursday at New York University’s law school. Though it’s...
  • BIDEN: ‘I’M MAD, I’M ANGRY’ ECONOMY ‘DEVASTATING FOR WORKERS’

    09/07/2015 12:45:22 PM PDT · by Hojczyk · 93 replies
    Breitbart ^ | September 7, 2015 | by PAM KEY
    167 Monday at an AFL-CIO Labor Day event in Pittsburgh, Vice President Joe Biden ranted about the economy as it pertains to the American labor force. Biden said, “We can’t let the changes that have taken place and crept in for the last twenty years— but they have been devastating for workers. I hope everybody in America has a chance to become millionaire and we need billionaires. But let me tell you something, man, The tax code’s not fair. It’s simply not fair. The wealthy aren’t paying their fair share. It used to be one America everybody was in on...
  • Obama’s attack on Koch brothers is personal

    08/31/2015 8:36:12 PM PDT · by MtnClimber · 18 replies
    The Boston Globe ^ | August 28, 2016 | John E. Sununu
    Charles Koch is no Ben Franklin. But he has a right to speak, write, and purchase advertising that espouses his views. If the president can’t accept — and champion — that concept, he’s running afoul of 240 years of American history. And if he wants to live in a country that doesn’t allow it, there’s always Russia. They don’t do that in Russia.
  • EXCLUSIVE: TRUMP CALLS CLUB FOR GROWTH ‘A PACK OF THIEVES’

    08/29/2015 2:24:06 PM PDT · by Hojczyk · 131 replies
    Breitbart ^ | August 29,2015 | by MICHAEL PATRICK LEAHY
    In an exclusive interview with Breitbart News, GOP front runner Donald Trump is firing back at the Club for Growth. “They’re a pack of thieves,” Trump told Breitbart News as he was leaving Nashville’s Rocketown facility. He had just finished delivering a high-energy speech to an overflow crowd of more than 1,000 people. Trump was attending the annual convention of the National Federation of Republican Assemblies, which describes itself as “the grassroots Republican wing of the Republican Party.” “They [the Club for Growth] came to my office looking for money. I turned them down. That’s why they’re after me,” Trump...
  • Pesticides in paradise: Hawaii's spike in birth defects puts focus on GM crops

    08/23/2015 7:40:52 PM PDT · by RushingWater · 17 replies
    The Guardian ^ | 8/23/2015 | Christopher Pala
    Local doctors are in the eye of a storm swirling for the past three years over whether corn that’s been genetically modified to resist pesticides is a source of prosperity, as companies claim, or of birth defects and illnesses Pediatrician Carla Nelson remembers catching sight of the unusually pale newborn, then hearing an abnormal heartbeat through the stethoscope and thinking that something was terribly wrong. The baby was born minutes before with a severe heart malformation that would require complex surgery. What worried her as she waited for the ambulance plane to take the infant from Waimea, on the island...
  • Election 2016: Jeb Bush Got $1.3M Job At Lehman After Florida Shifted Pension Cash To Bank

    08/21/2015 2:34:07 AM PDT · by markomalley · 30 replies
    International Business Times ^ | 8/20/15 | Matthew Cunningham-Cook, David Sirota, Andrew Perez
    For Florida taxpayers, the move by the administration of then-Gov. Jeb Bush to forge a relationship with Lehman Brothers would ultimately prove disastrous. Transactions in 2005 and 2006 put the Wall Street investment bank in charge of some $250 million worth of pension funds for Florida cops, teachers and firefighters. Lehman would capture more than $5 million in fees on these deals, while gaining additional contracts to manage another $1.2 billion of Florida's money. Then, in the fall of 2008, Lehman collapsed into bankruptcy, leaving Florida facing up to $1 billion in losses.But for Jeb Bush personally, his enduring relationship...
  • Fiorina's a Liberal; Don't be deceived

    08/09/2015 11:35:53 AM PDT · by spacejunkie2001 · 70 replies
    me | 8/9/15 | Vanity
    For those that are thinking Fiorina is a good choice to get behind, that she is a good debater, goes hard after hitlery, etc., it's incumbent on all of us to know who she REALLY is: A few tidbits: When the police in Baltimore were arrested she said 'we all breathed a sigh of relief' (all over the interwebs) In 2008, Fiorina supported the Wall Street Bailout known as TARP and even advocated that it was insufficient. (Fox News) Fiorina supported portions of the Obama stimulus, particularly broadband subsidies. ....(Information Week) Fiorina called on more government intervention into the housing...